The Global [169 Pages report] Microcellular Polyurethane Foam Market was valued at USD 5.06 Billion in 2015, and is projected to reach USD 6.95 Billion by 2021, at a CAGR of 5.5% between 2016 and 2021. The market is projected witness significant growth in the coming years, owing to the rising demand for lightweight materials from various industries, such as automotive, aerospace, and construction.

Get Free PDF sample report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=232217217

High density foams segment dominated the global microcellular polyurethane foam market in 2015

Among the types, the high-density foam accounts for the largest share in the microcellular polyurethane foam market. It is projected to be the fastest-growing type of the microcellular polyurethane foam market between 2016 and 2021. Support, durability, and high foam performance are the key properties of high density foams which are required by varied manufacturing industries. It provides products of high quality standard, thus meeting the growing demand of consumers across the globe.

Automotive is the fastest-growing application segment during the forecast period

The automotive application segment accounts for the largest share in the global microcellular polyurethane foam market and is the fastest growing application segment in this market. The durability and light weight properties, combined with their strength, make microcellular polyurethane foams ideal not only for cushioning purposes, but also within the bodies of cars, where their insulation properties provide protection against heat and noise of the engine.

Asia-Pacific dominates the global microcellular polyurethane foam market in 2015

Asia-Pacific is the fastest-growing market, as the region is a major consumer of microcellular polyurethane foams. There is an increasing demand for polyurethane foams from both developed and emerging countries of this region, such as Japan, China, India, and others. Top manufacturers from the U.S. and Europe are now focusing on Asia-Pacific to meet the region's growing demand. Increasing affluence and consumer spending in emerging economies, such as India and China, are also expected to drive the demand for microcellular polyurethane foams.

Some of the major market players in this market are BASF SE (Germany), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.), Evonik Industries (Germany), Era Polymers (Australia), and others.

Don't miss out on business opportunities in Microcellular Polyurethane Foam Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow.

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=232217217

Early buyers will receive 10% customization on this report.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
[email protected]