Polyurethane foams (PU) are a plastic material or
polymer consisting of organic units linked by carbonate links. Polyurethane
foam finds major application in di-isocyanides, tri- isocyanides and polyols,
along with these amine catalyst, bio derived material, hydroxyl and amine terminated
compounds are used in its formation. The global polyurethane foam market can be
used in modern houses and other commercial construction projects. Polyurethane
foams can also be used to improve sound comfort and environment majorly in
residential areas. This benefit has lead towards increased demand of the
product, thus boosting the global polyurethane market.
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Key
Driving Factor Of The Global Polyurethane Foam Market
A key driving factor of the global polyurethane foam
market include environment sustainability and energy conservation, versatility
and unique physical properties, growth of end-user industries in emerging
nations such as packaging industry and rapid growth of the construction
industry. This is mainly due to the usage of foam or insulation, sound
absorption, padding, and for strengthening the structures. High performance,
light weight properties along with rising demand from automotive and electronic
appliances for usage in interior trims, refrigeration insulation and seat
cushioning should also fuel polyurethanes market growth.
In the global polyurethane foam market, rigid foam,
flexible foam, and spray foam are the various product types of polyurethane
foam. Flexible foam is expected to remain the largest market by value and
volume. Global polyurethane market is mainly driven by applications in
different industries, such as bedding & furniture, building &
construction, electronics, automotive, footwear, packaging and others. Others
include includes transportation, textile & apparel, and appliances.
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Polyurethane
Foams By Density
By density, the PU foam market is segmented by
low-density polyurethane foam, medium-density polyurethane foam and
high-density polyurethane foam. The various end users of polyurethane foam are
heat and sound insulation, aesthetics and seating comfort, packaging safety and
dielectric and adhesive.
Polyurethane
Foams By Geography
By geography, this market covers North America, Europe,
APAC and Rest of the World. North America is expected to witness significant
growth during the forecast period. North America comprises U.S., Canada and
Mexico whereas Europe would primarily cover Germany, France, UK, Italy and Rest
of Europe.
Polyurethane
Foams Key Players
Key players in the component polyurethane foam market
include BASF SE, The DOW Chemical
Company, Bayer AG, Ekisui 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.), Chemtura Corporation,
Inoac Corporation, Recticel NV /SA, Vita (Lux III) S.A.R.L (Former: British
Vita (Lux III) S.A.R.L.), Armacell GmbH, Foamcraft’ Inc., Foampartner Group,
Future Foam’ Inc., Fxi-Foamex Innovations, Rogers Corporation, UFP
Technologies’ Inc., The Woodbridge Group and Nitto Denko Corporation.
Why
to Buy:
•The report offers changing market dynamics in the polyurethane
foam market, presenting historical, current and projected market size in terms
of value (USD million).
•It presents a comprehensive assessment of geographical
regions exhibiting promising growth, potential and niche segments, and a polyurethane
foam market performance.
•The report also offers strategic recommendations in
key business segments based on the market estimations and competitive
landscape, mapping the key common trends of polyurethane foam market.
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