Summary: Rigid Polyurethane Foams Market - Global Opportunity Analysis and Industry Forecast, 2017-2023. The global rigid polyurethane foams market is segmented based on product, application, and geography. Based on product, it is divided into molded foam parts, slab stock polyether, slab stock polyester, and other.
Portland, OR -- (SBWIRE) -- 12/27/2017 -- Polyurethanes that have an open cellular structure are called polyurethane foams, which contain a low-conductivity gas in its cells. These foams are available in various forms including flexible, sprayed, and rigid foams. Rigid polyurethane foams are made into laminated insulation panels with a variety of facings. Polyurethane foams are lightweight, chemically stable, versatile, flexible, and durable, offering resistance to moisture, heat, and electricity.
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In addition, they possess enhanced sealing, cushioning, and vibration control features, due to low compression property. These properties make them ideal for use in residential & non-residential construction, and oil & gas and automotive industries.
The insulation of onshore and offshore pipelines by use of polyurethane foams ensures smooth functioning of operations in the oil & gas industry. Rigid polyurethane foam prevents freezing and maintains proper fluid viscosity, protects high-cost equipment, and optimizes the heat distribution and effectively reuses it for greater efficiency. The use of rigid polyurethane foam in residential and commercial buildings helps to meet requirements of advanced energy codes, provides comfort to the building occupants, and contributes toward green building certifications. Change in lifestyle patterns in emerging countries, such as China, India, Brazil, Middle East, and Africa, boosts the demand for building renovation & remodeling, which is expected to propel market growth during the forecast period.
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However, volatile prices of raw materials and regulatory intervention from environmental bodies & federal agencies may hamper the market growth. Moreover, rise in awareness about green building concept and production of bio-based polyols are expected to offer major opportunities for expansion.
The global rigid polyurethane foams market is segmented based on product, application, and geography. Based on product, it is divided into molded foam parts, slab stock polyether, slab stock polyester, and other. The application segment includes residential construction, non-residential, oil & gas, automotive, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.