Press release
What Droves The Polyurethane Additives Market Growth? Albemarle Corporation, Momentive, Covestro, Air Products, Evonik, BASF, Kao Corporation, Eastman Chemical Company, Tosoh Corporation, Huntsman Corporation
Polyurethane Additives Market
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Polyurethane additives are additional compounds that are added to polyurethane polymer to increase their overall performance, such as affecting the processing speed, stability of the polymer, as well as increasing the characteristics of the polymer like enhanced insulation, and other characteristics.
Segmentation: Global Polyurethane Additives Market
· By Type
o Catalyst
· Tertiary Amines
· Ethylene Amines
· Metal Based Catalyst
o Surfactants
· Silicone Surfactant
· Non-Silicone Surfactant
o Fillers
o Others
· Anti-Oxidants
· Abrasion Reducers
· Blowing Agents
· Flame Retardants
· Halogenated
· Non-Halogenated
· Cross-Linkers
· By Application
o Foam
· Rigid Foam
· Flexible Foam
o Coatings
o Adhesives & Sealants
· Thermoset Adhesives
· Thermoplastic Adhesives
o Elastomers
o Binders
o Thermoplastic Polyurethane (TPU)
o Others
· By End-Use Industry
o Building & Construction
o Bedding & Furniture
o Automotive & Transportation
o Insulated Appliances
o Others
· Leathers
· Materials & Packaging
· By Geography
o North America
· US
· Canada
· Mexico
o South America
· Brazil
· Argentina
· Rest of South America
o Europe
· Germany
· France
· United Kingdom
· Italy
· Spain
· Russia
· Turkey
· Belgium
· Netherlands
· Rest of Europe
o Asia-Pacific
· Japan
· China
· South Korea
· India
· Australia
· Singapore
· Malaysia
· Indonesia
· Thailand
· Philippines
· Rest of Asia-Pacific
o Middle East and Africa
· South Africa
· Egypt
· Saudi Arabia
· United Arab Emirates
· Israel
· Rest of Middle East and Africa
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Global Polyurethane Additives Market is expected to rise from its initial estimated value of USD 2.31 billion in 2018 to a projected value of USD 3.74 billion by 2026, registering a CAGR of 6.17% in the forecast period of 2019-2026. This rise in market value can be attributed to growth in demand for technologically innovative and advanced products.
Market Drivers:
· Increasing levels of urbanization and industrialization resulting in growth in demand for the product from building & construction industry
· Growth in demand for eco-friendly products amid growing concerns for the environment; this factor is expected to drive the market growth
Market Restraint:
· Vulnerable nature of raw material prices resulting in fluctuations of raw material prices; this factor is expected to restrain the market growth
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