Global Polyurethane Market Information- by Product (Rigid Foam, Flexible Foam), by End User Industry and by Region - Forecast till 2022
Market Research Future adds new report of “Global Polyurethane Market Research Report- Forecast to 2022” it contains Company information, geographical data and Table of Content
Synopsis of Polyurethane Market
The global demand of polyurethane is expected to rise to USD 81,700.6 million in 2022 with CAGR of 6.51% during 2016-2022. Polyurethane is versatile plastic polymer available in various forms right from rigid foam, flexible foam to strong and hard elastomers.
Thus, this leads to usage of polyurethane in variety of consumer and industry applications such as thermal insulation in building, refrigerators, household furniture, shoes, packaging plastics. Owing to its properties polyurethane can be molded to any shape to enhance its industrial applications by providing comfort, style and convenience to one’s life.
Polyurethane are widely used in construction and infrastructure activity. Thus, growing demand of polyurethane owing to durability with low thermal conductivity and ability to withstand external impacts is augmented to drive the overall market.
Further, 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.
- The global Polyurethane market is expected to reach USD 81,700.6 million by 2022
- Regionally, Asia-Pacific has the largest market of USD 28,111.2 million by 2022
- Construction segment accounted for the largest market share registering CAGR of 7.07% during the forecasted period.
- On basis of type segment, Rigid Foam holds the market share of 31% in 2015
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Key players of the global Polyurethane market are
- BASF SE (Germany)
- The Dow Chemical Company (U.S)
- Huntsman Corporation (U.S)
- Tosoh Corporation (Japan)
- Covestro AG (Germany)
- DIC Corporation (JAPAN)
- Eastman Chemical Company (U.S.)
- Polyurethane manufacturers
- Traders and distributors of Polyurethane
- Production Process industries
- Potential investors
- Raw material suppliers
- Nationalized laboratory
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TABLE OF CONTENTS
- Report Prologue
- Scope of The Report
- Research Methodology
- Market Dynamics
- Market Factor Analysis
- Global Polyurethane Market, By Product
- Global Polyurethane Market, By End User
- Global Polyurethane Market, By Region
- Competitive Landscape
- Company Profile
Geographically, Asia-Pacific region represents highest market share in the Global Polyurethane followed by Europe and North America. China is largest producer and consumer of polyurethane owing to skilled labor, easy availability of raw materials and lenient government regulations.
Countries like India are the growing market for polyurethane due to favorable government regulations along with Make in India campaign started recently to foster the manufacturing activities in country.
Major players in automobile and construction industry are adopting low cost technology along with lightweight material for production. Hence, polyurethane market is anticipated to witnessed sustainable growth over the forecasted period.
North America and Europe region being prominent players in automobile and consumer appliances drive the insulators and sealants for energy efficiency in polyurethane market over the forecasted period. Rising government initiatives for Green Building in Europe and North America is also expected to drive the polyurethane market growth.
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