Europe MDI-based PU Technical Insulation Market Projected To Have Valuation Worth USD 462.9 Million By 2028
Europe MDI-based PU Technical Insulation Industry Overview The Europe MDI-based PU technical insulation market size was estimated at USD 361.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.1% from 2021 to 2028. Rising investments towards the development of the cold chain sector have led to an increased usage of large-level refrigeration systems, thus driving the demand for MDI-based PU technical insulation over the forecast period. Europe was one of the worst-hit regions due to the pandemic in 2020, leading to the temporary closure of number of industrial projects, including the construction of new power generation plants and commercial buildings. The industry suffered a major setback, owing to the lack of product demand on account of delayed maintenance activities from the industrial sector. Gather more insights about the market drivers, restrains and growth of the Europe MDI-based PU Technical Insulation Market Key raw materials including...