Polyurethane Foam Global Market to Grow at USD 86.21 Bn by 2026 Detail in Segment and Competition landscape by Major Players


Posted December 11, 2019 by ganpan

The global polyurethane foam market was valued at USD 54.21 billion in 2018 and is expected to reach USD 86.21 billion in 2026, growing at a CAGR of 6.1% during the forecast period.

 
Polyurethane foam market is growing due to various factors such as the growing application of polyurethane foam in building insulation for the conservation of energy. According to the Associated General Contractors (AGC) of America, the construction industry is a major contributor to the US economy. The industry has more than 680,000 employers with over 7 million employees and creates nearly $1.3 trillion worth of structures each year in the US. Moreover, rapid urbanization across emerging countries is further supporting to drive the growth of the construction sector. SPF is one of the fastest-growing building insulation products across the countries as it can support to reduce energy consumption in existing and new buildings.

The global polyurethane foam market was valued at USD 54.21 billion in 2018 and is expected to reach USD 86.21 billion in 2026, growing at a CAGR of 6.1% during the forecast period.
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By Type: Flexible Foams, Rigid Foams, Spray Foams

By End-user: Building & Construction, Bedding & Furniture, Electronics, Automotive, Footwear, Packaging, Others

In 2018, the residential and commercial buildings accounted for nearly 40% of the total US energy consumption, which occurs primarily due to air filtration. SPF acts as both, an air-sealing product and insulation material. The utility cost savings of up to 50% can be achieved by using SPF as an insulation material in buildings. As the government is investing in energy-efficient buildings, the demand for polyurethane foam is anticipated to grow significantly in the construction industry. For instance, in January 2018, the Government of Canada declared a $182-million investment for increasing energy efficiency and address climate change by improving the designing, renovation, and construction of homes and buildings. As a result, polyurethane foam enhances the entire building structure to offer durability, energy efficiency, sustainability, and improved occupant comfort.

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Company Profiles and Competitive Intelligence:
The major players operating in the global polyurethane foam market are BASF SE (Germany), Covestro (Germany), Dowdupont (US), and Huntsman Corporation (US), Sekisui Chemical Co. Ltd. (Japan), Denko Corporation (Japan), Armacell(Germany), Chemtura Corporation(US), Compagnie De Saint-Gobain S.A.,(France) and others.


Based on end-user, the automotive segment is the fastest growing during the forecast period
Based on end-user, the market has been segmented into building & construction, bedding & furniture, electronics, automotive, footwear, packaging, and others application. The automotive segment is projected to have fastest growth of around 9.1% during the forecast period. The market growth mainly is driven by the increasing application of polyurethane foam in interiors and other components. Polyurethane foam application in electric vehicles enables to lower the environmental impact of cars and minimizes vehicle weight. This improves the efficiency of vehicles and lowers level of emission. As a result, companies are introducing polyurethane materials for electric vehicles
Topics Details and Other
Chapter 1 Executive Summary
1.1. Market Summary
1.1.1. Global Polyurethane Foam Market, 2016-2026, (USD Million)
1.2. Market Snapshot: Global Polyurethane Foam Market
1.3. Market Dynamics

1.5.2. Global Polyurethane Foam Market: Regional Life Cycle Analysis

Chapter 2 Market Dynamics
2.1. Market Overview
2.2. Market Drivers
2.2.1. Growing End-User Industries in Emerging Economies

2.7. Porter’s Five Forces Analysis

Chapter 3 Global Polyurethane Foam Market, by Type
3.1. Market Overview, by Type
3.1.1. Global Polyurethane Foam Market, by Type, 2016-2026 (USD Million)
3.1.2. Incremental Opportunity, by Type, 2018
….
3.4.1. Global Polyurethane Foam Market, by Spray Foams, 2016-2026, (USD Million)

Chapter 4 Global Polyurethane Foam Market, by End-User
4.1. Market Overview, by End-User
4.1.1. Global Polyurethane Foam Market, by End-User, 2016-2026 (USD Million)
4.1.2. Incremental Opportunity, by End-User, 2018

4.8.1. Global Polyurethane Foam Market, by Others, 2016-2026, (USD Million)

Chapter 5 Global Polyurethane Foam Market, by Region
Chapter 6 Competitive Intelligence
Chapter 7 Company Profiles
Chapter 8 Preface

Continue.....
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Business Address For all your Research needs, reach out to us at: 39180 Liberty Street Suite 110, Fremont, CA 94538, USA Email: [email protected] US: 1-888-691-6870
For all your Research needs, reach out to us at: 39180 Liberty Street Suite 110, Fremont, CA 94538, USA Email: [email protected] US: 1-888-691-6870
Country United States
Categories Publishing , Regional , Research
Tags polyurethane foam , polyurethane foam growth , polyurethane foam makret , polyurethane foam trends
Last Updated December 11, 2019