Global Polyols and Polyurethane Market: Limited Scope for Product Differentiation and Cheaper Chinese Products Intensify Competition, Finds TMR
The global market for polyurethane is highly concentrated at present, finds a report by Transparency Market Research (TMR). Competition is stiff among existing players on account of limited room for product differentiation. This leaves the existing players with no other choice but to compete strongly for the same brands, which also hampers the scope of expansion considerably. Companies ink deals with existing end users to ensure demand for their products. Of late, China-based manufacturers have forayed into the global polyurethane...
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