Global Polyurethane Market Information- by Product (Rigid Foam, Flexible Foam, Adhesives & Sealants, Coatings, Elastomers, Others), by End User Industry (Construction, Automotive, Electronics appliances, Furniture, Footwear, Packaging, Others) and by Region - Forecast till 2022
Pune, Maharashtra -- (SBWIRE) -- 05/02/2017 -- Market Highlights
Polyurethane consist of organic units including di-isocyanates, tri- isocyanates and polyols. The foam and non-foam polyurethane further modified by using surfactants. They are also known as thermosetting polymers which do not melts on heating. Growing importance of energy conservation due to volatile in prices of crude oil is anticipated to drive the polyurethane market growth. Increasing demand of high performance and lightweight interior components, cushion foams in automotive parts to foster energy saving will fuel the demand for polyurethane market growth. Polyurethane Market is set for intensifying growth in end user industries and is expected to reach ~24.2 million tons by 2022, Strategic market of global Polyurethane market is expected to grow at ~5.8% CAGR during 2016-2022
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Based on types, Polyurethane is segmented into rigid foam, flexible foam, adhesives & sealants, coatings, elastomers and other products. Growing importance of energy conservation along with reduction of carbon emission is expected to propel the product demand. Rigid foam is widely used in insulations in construction industry. The need to increase building energy efficiency are the key properties helping the rigid foam market to grow in coming years. Flexible foam is leading product segment owing to structural stability in construction and electronic appliances. Elastomers polymers not only offer benefits of plastics & rubber but also provide self-healing properties which also expected to contributed the market growth. The material possesses following properties such as high flexibility and strong impact & shock resistance for high performance applications in automotive industry. Development of eco-friendly coatings and bio-based polyurethane for green buildings is anticipated to drive the polyurethane market in developed regions.
Competitive analysis: BASF SE (Germany), The Dow Chemical Company (U.S), Huntsman Corporation (U.S), Eastman Chemical Company (U.S.), Nippon Polyurethane Industry Co. Ltd. (Japan), Woodbridge Foam Corp. (Canada), Foamex Innovations (U.S), Covestro (Germany), Lubrizol Corporation (Japan), DIC Corporation (Japan),others.
Based on end user industry, Polyurethane is segmented into construction, automotive, electronics appliances, furniture, footwear, packaging and others. Construction industry is leading industry in polyurethane market. Increase in government spending in infrastructure has led overall development of construction industry in emerging economies. Thus, this remains key factors for driving the product consumption in insulations and sealants applications. Further, increase in consumer spending in interiors and furniture which is also consuming product in upholstery and other applications drives the polyurethane market growth.
Technological advancement in automotive and furniture has shifted the need for polyurethane owing to its superior properties. Moreover, changing preferences of consumer is driving the demand for polyurethane market. Growing concern of lightweight material in automotive sector is anticipated drive the polyurethane over the forecasted horizon. Growing infrastructure activities coupled with interior designing is also anticipated to drive the polyurethane market.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Polyurethane Market Research Report- Forecast to 2022"
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The global polyurethane market is majorly segmented on the basis of product and end user industry.
Segmentation Based on product: rigid foam, flexible foam, adhesives & sealants, coatings, elastomers, other products.
Segmentation Based on end user industry of polyurethane: construction, automotive, electronics appliances, furniture, footwear, packaging, others.
Table of Content
1. Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Polyurethane Market
5 Industry Overview of Global Polyurethane Market
Key questions answered in this report
-What will the market size be in 2022 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?
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