Press release
MEA Polyurethane Market for Automotive Industry| Industry Analysis 2017 to 2024
Global Market Insights Inc.
MEA Polyurethane Market size for automotive industry is set to surpass USD 385 million by 2024; according to a new research report by Global Market Insights, Inc.
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Polyurethane products are lightweight, durable and provides excellent corrosion resistance, sound absorption and insulation properties. These materials offer automobile manufacturers to produce seating’s which are easily recycled, assembled and disassembled. Additionally, coatings from these materials provides protection from oxidation and humidity along with providing glossy shine to vehicles. Growing consumer preferences towards high performance plastics as a substitute for conventional metals will stimulate the MEA PU market for automotive industry demand.
Good economic conditions along with higher disposable income of consumers and abundant availability of raw materials including crude oil, used in manufacturing of PU products will stimulate MEA polyurethane market for automotive industry growth. Middle East crude oil natural reserves accounted for over 8,02,846 million barrels in 2016 which propagates transport sector growth in the region.
Government initiatives along with rising investments of international players in Iran crude oil production are likely to boost crude oil production, promoting MEA polyurethane market for automotive industry growth.
Morocco polyurethane market for automotive industry is expected to surpass USD 55 million in the projected timeframe. The country is considered an automotive hub in North Africa owing to availability of labor at cheaper costs along with rising government initiatives and constitutions making it attractive for foreign investors. Plastic materials incorporated into automotive interiors helps in reducing the overall vehicle’s weight to a large extent which further minimizes the CO2 emission and provides cost savings.
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MEA PU market for automotive industry demand from cushion overlay application may witness growth at over 4% over the forecast period. Cushions used in automotive car seats provides pleasurable driving experience along with maximizing ease and flexibility for passengers. Rising consumer demand for maximum safety and comfort along with enhanced aesthetics will majorly influence the PU market size.
TDI and MDI are widely used in the manufacturing of PU for the automobile sector. PU foams are gaining popularity and increasing usage in car seat padding owing to the freedom of geometric design along with material’s flexibility as they can be adjusted while manufacturing to achieve the level of comfort targeted for the car seat, resulting into growth of MEA polyurethane market for automotive industry.
BASF, Bayer, Johnson Controls, Huntsman, Dupont, Dow chemical, Raha, Poly products and Deltachem are the prominent industry participants in the polyurethane market for the automotive industry. OEM manufacturers are strong engaged in R&D activities in order to comply with government fuel emission standards along enhancing their product offerings and global reach by forming joint ventures and partnerships.
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Chapter 2 Executive Summary
2.1 MEA PU market for automotive industry 3600 synopsis, 2018 - 2024
2.1.1 Business trends
2.1.2 Country trends
2.1.3 Product trends
2.1.4 Application trends
2.1.5 Vehicle type trends
2.1.6 End-use trends
Chapter 3 MEA Polyurethane Market for Automotive Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013-2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Raw material manufacturers & suppliers for MDI & TDI in MEA
3.3.3 Distribution channel analysis
3.3.3.1 Distributors
3.3.3.2 Technology providers
3.4 Technology landscape
3.4.1 Polyurethane (PU) Manufacturing Process
3.4.2 Crude glycerine-based polyols and polyurethane(PU) manufacturing technology
3.5 Raw material trends
3.5.1 Methylenediphenyl Diisocyanate (MDI)
3.5.2 Toluene Diisocyanate (TDI)
3.5.3 Polyether polyol
3.6 Regulatory landscape
3.6.1 UAE
3.6.1.1 Trade Regulations
3.6.1.1.1 Basic Customs Duty
3.6.1.1.2 Countervailing duty, anti-dumping duty, and safeguard duty
3.6.1.1.3 Import Regulations in UAE
3.6.1.1.4 Import Licensing and Restrictions
3.6.2 Oman Import Regulations
3.6.3 Jordan Import Regulations
3.6.4 Kuwait Import regulation
3.6.5 Qatar Import Regulations
3.6.6 Saudi Arabia Import Regulations
3.6.7 Egypt Import Regulations
3.6.8 South Africa
3.6.8.1 Trade Regulations
3.6.9 Turkey
3.6.9.1 Trade Regulations
3.6.9.2 Import requirements & documentation
3.6.9.3 Import entry
3.6.9.4 Trade agreements
3.7 Middle East & Africa automobile statistics
3.7.1 Production statistics
3.7.2 Sales statistics
3.8 Pricing analysis
3.8.1 Rigid Foam
3.8.2 Flexible Foam
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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