Growth Opportunities for Polyurethane Resin in the Global Composites Industry 2015-2020: Trends, Forecast, and Opportunity Analysis, April 2016
According to a new market report published by resin market looks good, with opportunities in the transportation, and construction. The globalpolyurethane (PU) resin market is forecast to grow at a CAGR of 5.7% by value from 2015 to2020. The major drivers of growth for this market are composites manufactured from PU resinhave short cycle time, higher toughness and flexibility compared to composites based on vinylester and unsaturated polyester resin.
In this market, transportation and construction are the major segments for polyurethane resin. Onthe basis of its comprehensive research, Lucintel forecasts that the transportation andconstruction are expected to show above average growth during the forecast period.
Within the polyurethane resin market, transportation is expected to remain as the largest marketby value and volume consumption. Fast cure property and increase demand of lightweightmaterials would spur growth for this segment over the forecast period.
North America is expected to remain the largest market during the forecast period due to growthof end use industries, such as transportation and construction. Europe and Asia Pacific isexpected to show above average growth during the forecast period by virtue of growingautomotive industry.
For market expansion, the report suggests innovation and new product development, where theunique characteristics of polyurethane resin can be capitalized. The report further suggests thedevelopment of partnerships with customers to create win-win situations and development of lowcostsolutions for the end user.
Emerging trends, which have a direct impact on the dynamics of the industry, are development ofnew applications and bio based polyurethane resin. Bayer AG, Huntsman Corporation, Dow
Chemical Company, BASF SE and Wanhua Chemical Groups are among the major players ofpolyurethane resin in global composites market.polyurethane market in the global composites industry by end use industry and region, and hascome up with a comprehensive research report, “Growth Opportunities for Polyurethane
Resin in the Global Composites Industry 2015-2020: Trends, Forecast, and Opportunity
Analysis”. The Lucintel report serves as a spring board for growth strategy as it provides acomprehensive data and analysis on trends, key drivers, and directions. The study includes aforecast of the polyurethane resin in the global composites industry through 2021, segmented byend use industry and region as follows:
By region [Value ($M) and Volume (M lbs) shipment analysis for 2009 – 2020]:
Rest of the World
By end use industry [Value ($M) and Volume (M lbs) shipment analysis for 2009 – 2020]:
This report answers following 11 key questions:
Global Composites Industry 2015-2020: Trends,
Forecast, and Opportunity Analysis
Q. 1. What are some of the most promising, high-growth of polyurethane resin in the globalcomposites market by applications and region?
Q. 2.Which product segments will grow at a faster pace and why?
Q. 3.Which region will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges inthe market?
Q.5.What are the business risks and competitive threats in this market?
Q.6.What are emerging trends in this market and reasons behind them?
Q.7.What are some changing demands of customers in the market?
Q.8.What are the new developments in the market and which companies are leading thesedevelopments?
Q.9.Who are the major players in this market? What strategic initiatives are being implementedby key players for business growth?
Q.10. What are some of the competitive products in this area and how great a threat do they posefor loss of market share through product substitution?
Q. 11. What M & A activities has transpired in the last 5 years in this market and what is itsimpact on the industry?
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.
Some of the features of “Growth Opportunities for Polyurethane Resin in the Global Composites
Industry 2015-2020: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Polyurethane resin in the global composites industry sizeestimation in terms of volume (M lbs) and value ($M) shipment.
Trend and forecast analysis: Polyurethane resin in the global composites industry trend(2009-2014) and forecast (2015-2020) by region and by segment.
Segmentation analysis: Polyurethane resin in the global composites industry size byvarious segments such as transportation and construction both in terms of volume andvalue shipment.
Regional analysis: Polyurethane resin in the global composites industry breakdown bykey regions such as North America, Europe, Asia Pacific, and Rest of World.
Growth opportunities: Analysis on growth opportunities in different segments and regions.
Strategic analysis: This includes M&A, new product development, competitive landscape,and expansion strategies of polyurethane resin suppliers in the global compositesindustry.
Emerging applications: Emerging applications of polyurethane resin in the globalcomposites industry.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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