Polyurethane Foam Market Size to Register 8.4% CAGR During Forecast Period


Posted September 13, 2016 by Priyasharma

Polyurethane Foam Market size will grow from USD 46.05 billion in 2015 to USD 74.24 billion by 2021, at a CAGR of 8.4% between 2016 and 2021.

 
The demand for the market is supported by increasing demand and wide application in diverse end-use industries.
Complete report on Polyurethane Foam Market spread across 236 pages, profiling 22 companies and supported with 199 tables and 68 figures is now available at http://www.rnrmarketresearch.com/polyurethane-pu-foams-market-by-types-rigid-flexible-end-user-industries-bedding-furniture-building-construction-electronics-automotives-footwear-packaging-others-geography-no-market-report.html
Rigid and flexible polyurethane foams are the most widely used insulators in the appliance industry. Key products using polyurethane foam include televisions, refrigerators, air conditioners, and microwaves. In addition, polyurethane foam is also used in vacuum cleaners, shoe polish dispensers, and food processing enclosures and appliances. Polyurethane foam protects electronics by providing excellent dielectric and adhesive properties, as well as exceptional solvent, water, and temperature resistance.
Asia-Pacific accounted for the largest share of the global polyurethane foam market and this dominance is expected to continue during the forecast period. This is attributed to the large middle class population and continued industrialization in this region. The growing demand of polyurethane foam has led to increased footprints of global players in this region. Due to this, Asia-Pacific is the dominant market for polyurethane foam at a global level. Growth of the market is also due to the increasing applicability of polyurethane foam in various industries, such as bedding & furniture, building & construction, automotive, footwear, and packaging.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (35%); Tier 2 (30%) and other (35%) companies were contacted for interviews. The interviews were conducted with various key people such as C-level (25%), Director level (30%), Others (45%) from various key organizations. The primary interviews were conducted worldwide covering regions such as Asia-Pacific (45%), North America (30%), Europe (20%), Middle East (3%), Africa (1%) and South America (1%).
The report also includes company profiles and competitive strategies adopted by the major market players such as BASF SE (Germany),The Dow Chemical Company (U.S.), Bayer AG (Germany), Sekisui Chemical Co. Ltd. (Japan), Nitto Denko Corporation (Japan), Compagnie de Saint-Gobain S.A. (France), Huntsman Corporation (U.S.), Wanhua Chemical Group Co., Ltd. (China), Trelleborg AB (Sweden), Tosoh Corporation (Japan), Chemtura Corporation (U.S.), INOAC Corporation (Japan), Recticel NV/SA (Belgium), Vita (Lux III) S.à r.l. (Luxembourg), Armacell GmbH (Luxembourg), Foamcraft, Inc. (U.S.), FoamPartner Group (Switzerland), Future Foam, Inc. (U.S.), FXI-Foamex Innovations (U.S.), Rogers Corporation (U.S.), UFP Technologies, Inc. (U.S.) and The Woodbridge Group (Canada).
Ask for a discount before order a copy of Polyurethane Foam Market by Type (Flexible, Rigid, and Spray Foam), End-Use Industry (Bedding & Furniture, Building & Construction, Electronics, Automotive, Footwear, Packaging), and Region — Global Forecast to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=117764
The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Microcellular Polyurethane Foam Market by Type (Low Density Foam, High Density Foam), Application (Automotive, Building & Construction, Electronics, Medical, Aerospace, Others), Region (North America, Europe, APAC, MEA, RoW) — Global Forecast to 2021. The global microcellular polyurethane foam market is projected to reach USD 6.95 billion by 2021, at a CAGR of 5.5% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/microcellular-polyurethane-foam-market-by-type-low-density-foam-high-density-foam-application-automotive-building-construction-electronics-medical-aerospace-others-region-north-america-europe-apac-st-to-2021-market-report.html
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Issued By Priya
Country India
Categories Technology
Tags foam , polyurethane foam market , polyurethane foam , market
Last Updated September 13, 2016