Global Polyurethane Market, (Flexible and Rigid Foam, PU, Adhesives, Sealants, Elastomers) Industry Analysis, Size, Share, Growth, Trends, Forecast 2014 – 2021
Polyurethane is a versatile material made from monomer units of urethane (carbamate), which sugarcane be converted in various forms such as Elastomer (synthetic rubber), thermosetting plastic, and thermoplastics. Most of the polyurethanes are made from the reaction of polyol and polyisocyanate, which do not melt when heated. Commercially methylene diphenyl diisocyanate (MDI) and diisocyanate (TDI) are used for production of polyurethanes.Different types of polyurethanes such as flexible polyurethane foam, rigid polyurethane foam, thermoplastic polyurethanes and polyurethane binders are used in Automotive, building & construction, footwear, furniture & bedding, electronics etc. Raw materials used for the production are petrochemicals, which are derived from crude oil.
TDI and MDI, the commonly used isocynates are produced by many big players such as BASF, Bayer, Dow Chemicals, Sadara Group and many more. Because of the over supply of raw material, which is a factor of polyurethane production, the market is highly competitive, with Asia Pacific being the largest supplier of raw material for the production. The raw material price is not suitable because of the fluctuation in the price of crude oil.
Construction and Transportation show significant benefit from polyurethane in terms of energy efficiency. In building and construction, Polyurethane is used in polyurethane roof, wall and pipe insulation, which ensures that temperatures are maintained. Use of Polyurethane in cars and trucks leads to reduce vehicle weight, provides greater fuel economy. Polyurethane thermal insulation in electronic appliances are used to ensure energy efficiency of the units.
Companies profiled in this report include
1. BASF AG
2. Bayer AG
3. Air Products
4. The DOW Chemical Company
6. E.I. du Pont de Nemours And Company
7. Evonik Industries AG
8. Huntsman Corporation
9. Mitsui Chemicals Inc.
10. Rectiel SA
11. The Vita Group, UK
12. Woodbridge Foam Corporation
This report covers
This report provides detailed analysis of global Polyurethane market. This report includes a brief market overview, market share analysis, and current market size, future forecast and key strategies of market leader which provide complete market scenario to the marketers to confidently update their strategic and tactical plans.
Marketers need data on volume and value changes, brand dynamics and distribution trends in order to effectively plan strategies.
Furniture and bedding market is growing rapidly and captured largest market share. Demand is increasing due to Growth of automobile sector which consume almost 20% of global polyurethane.
Report includes detailed geographical analysis of Polyurethane market. Market analysis is done at country level to provide better understanding of the market. Market share analysis and value chain analysis of polyurethane market provides information about market participants.
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