Deerfield Beach, FL, Feb. 24, 2016 (GLOBE NEWSWIRE) --
Zion Research has published a new report titled “Polyurethane (Flexible Foam, Rigid Foam, Coatings, Adhesives, Sealants, and Elastomers) Market for Furniture, Building & Construction, Electronics, Automotive, Footwear, Packaging and Other Applications - Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020” According to the report, global polyurethane market was valued at around USD 49.5 billion in 2014 and is expected to reach USD 77.0 billion in 2020, growing at a CAGR of around 7.5% between 2015 and 2020.
Polyurethane polyols can be manufactured by the reaction of isocyanates such as toluene diisocyanate (TDI) or diphenylmethane diisocyanate (MDI) and polyols. Polyurethane foams (PU) such as rigid PU foam, flexible PU foam, semi rigid foam, molded foam, etc. are some of the major product types of PU. Coatings, adhesives, sealants, and elastomers (CASE), etc. are some of the other product types of polyurethane. Construction, automotive, footwear, electrical & electronics are among the major end user industries of polyurethane.
Browse the full "Polyurethane (Flexible Foam, Rigid Foam, Coatings, Adhesives, Sealants, and Elastomers) Market for Furniture, Building & Construction, Electronics, Automotive, Footwear, Packaging, Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/polyurethane-market-z47737
Polyurethane market is mainly driven by strong demand of polyurethane in the form of sealants, thermal insulators and flooring materials from construction industry. Growing end-use industries like automotive, footwear, electrical & electronics in emerging nations is expected to drive the market for polyurethane. Polyurethane has a broad range of applications such as transportation, furniture, textiles, fibers & apparel, packaging etc. These applications plays vital role in driving polyurethane market. Additionally, the rapidly expanding market of footwear in the emerging countries is also expected to surge demand for polyurethane in the years to come. However, manufacturers are expected to face some challenges such as growing cost of raw materials associated with manufacturing of polyurethane.
On the basis of product type polyurethane market can be segmented as flexible foam and rigid foam, coatings, adhesives & sealants, elastomers. Flexible foam was the largest product segment in 2014 and accounted for over 35% share of the total market. Globally increasing usage of flexible foam in furniture & interiors, cushioning, and automotive seat applications are expected to enlarge growth over the next years. However, rigid foam is expected to exhibit rapid growth owing to demand from insulation application.
Browse 55 Market Tables and 22 Figures spread through 70 Pages and an in-depth TOC on “Polyurethane Market - Global Size, Shares, Trends, Segment & Forecast to 2020”
Get Sample Research Report at http://www.marketresearchstore.com/report/polyurethane-market-z47737#RequestSample
Key application markets for polyurethane include furniture, building & construction, electronics, automotive, footwear, packaging and other applications. Bedding & furniture application segment is likely to be the fastest-growing application in coming years. Additionally, some functional properties like abrasion resistance, environment sustainability are expected to increase demand of polyurethane over the next few years.
Polyurethane market was dominated by Asia Pacific with account significant share in total 2014. Asia Pacific is followed by Europe and North America. Asia Pacific is expected to witness significant rise in polyurethane market due to large demand from emerging countries like China, India for various end-use industries like construction and automotives.
Key players operating in this market includes The DOW Chemical Company, Bayer AG, BASF SE, Sekisui Chemical Co. Ltd., Nitto Denko Corporation, Compagnie De Saint-Gobain S.A., Huntsman Corporation, Wanhua, Chemical Group Co., Ltd. (Former: Yantai Wanhua Polyuretanes Co., Ltd.), Trelleborg AB, Tosoh Corporation (Nippon Polyurethane Industry Co., Ltd.) and Chemtura Corporation.
Related Published Reports:
- Spray Polyurethane Foam Market: http://www.marketresearchstore.com/report/spray-polyurethane-foam-market-for-residential-walls-residential-z37622
- Propionic Acid Market: http://www.marketresearchstore.com/report/propionic-acid-market-for-animal-feed-grain-z39993
- Flame Retardant Chemicals Market: http://www.marketresearchstore.com/report/flame-retardant-chemicals-market-antimony-z38851
This report segments the global polyurethane market as follows:
Global Polyurethane Market: Product Segment Analysis
- Flexible Foam
- Rigid Foam
- Adhesives & Sealants
Global Polyurethane Market: Application Segment Analysis
- Bedding & Furniture
- Building & Construction
Global Polyurethane Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Browse Press Release: http://www.marketresearchstore.com/news/global-polyurethane-market-164
Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
Follow Us LinkedIn: http://www.linkedin.com/company/market-research-store
Follow Us Twitter: https://twitter.com/marketrstore
Contact US: Joel John 3422 SW 15 Street, Suit #8138 Deerfield Beach, Florida 33442, USA Toll Free: +1-855-465-4651 (USA-CANADA) Tel: +1-386-310-3803 Email: firstname.lastname@example.org Website: http://www.marketresearchstore.com
Source:Market Research Store