Press release
Polyurethanes Market analysis report-construction industry finds major applications, 2017 - 2023
Polyurethane (PU) Market size is estimated to exceed USD 75 billion by 2023; according to a new research report by Global Market Insights, Inc.
Rising demand for sustainable, high efficiency and innovative products along with extensive polymer R&D is driving the polyurethanes market. Increasing awareness pertaining to energy conservation and growing GHG emissions concerns are the key factors enhancing industry growth.
Request for a sample pages from this research@
www.gminsights.com/request-sample/detail/387
Polyurethanes market observed significant demand from construction, automotive and furniture industry. Increasing infrastructure spending coupled with government compliance in construction industry will drive the PU market growth. High performance parameters and light weight properties led to increasing usage in refrigeration insulation, seat cushioning and interior trims.
Reasons to Buy This Report
1. Polyurethanes market size & forecast by product & application
2. Growth drivers, pitfalls & industry challenges
3. Key Polyurethanes market growth opportunities & emerging
business models
4. Competitive benchmarking with market share analysis and company profiles
Increasing innovations in bio-based PU due to government regulations on recyclability of materials will open new opportunities for polyurethanes market growth.
Polyurethanes market witnessed increased emphasis in automotive industry, owing to its low weight properties. Low weight automobiles and reduced harmful emissions are the emerging automobile trends encouraging the industry demand.
Automotive polyurethanes market will witness growth at over 4% by 2023. Increasing automobile applications including instrument panels, exterior panels, engine encapsulation and seating as a better substitute over other conventional materials will support the application scope.
Construction polyurethanes market share was the major contributor, accounted for around 30% of the overall industry in 2015. Rising demand from acoustic and thermal insulation in households for effective energy conservation will enhance the industry demand. Varying MDI, PDI and polyol prices due to fluctuating crude oil index and stringent regulations on petrochemical based products are the major challenges of the industry.
Rigid PU foam market will witness growth at over 4% by 2023. Increasing insulation uses due to rising awareness regarding energy conservation and carbon emissions will positively influence the product demand. Flexible PU foam market generated worth more than USD 13 billion revenue in 2015. Changing lifestyle and increasing consumer affordability led development in mattress and automotive seating applications, which will fuel the flexible foam penetration.
Browse Polyurethanes (PU) Market Report Summery:
https://www.gminsights.com/industry-analysis/polyurethane-PU-market-report
Expansion in construction industry particularly in the U.S. is the key factor influencing the industry growth. U.S. polyurethanes rigid foam market will witness gains at over 4% in revenue terms. Rigid foam is widely used as insulation to reduce thermal losses and conserve energy.
Europe, led by Germany, UK and Italy is estimated to generate revenue worth over USD 20 billion by 2023. EU promotions for energy efficient households is the key stimulating factor driving regional demand. Germany automotive applications are estimated to witness CAGR at over 3% up to 2023. High R&D investments and huge automobile manufacturers fueled the product demand.
APAC polyurethanes market revenue was over USD 20 billion in 2015. The region will witness notable growth due to rapid industrialization and urbanization along with increasing construction spending particularly in China, India and South East Asia.
View Press Release Published:
https://globenewswire.com/news-release/2017/04/19/962078/0/en/Polyurethane-Market-worth-over-75bn-by-2023-Global-Market-Insights-Inc.html
Global polyurethanes market share was consolidated with the leading multinational corporations. Bayer, Dow Chemical Company, Huntsman Corporation and BASF are the chief industry participants. Mitsui Chemicals, British Vita Unlimited, Nippon, Recticel, Woodbridge Foam Corp and Foamex Innovations are the other industry players.
About Global Market Insights, Inc.:
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.
Contact us:
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: www.gminsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polyurethanes Market analysis report-construction industry finds major applications, 2017 - 2023 here
News-ID: 591050 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for Polyurethane
Evolving Market Trends In The Polyurethane Sealants (PU) Industry: Polyurethane …
The Polyurethane Sealants (PU) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Polyurethane Sealants (PU) Market Size During the Forecast Period?
The Polyurethane Sealants (PU) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025…
Polyurethane Sealants Market Report 2024 - Polyurethane Sealants Market Trends, …
"The Business Research Company recently released a comprehensive report on the Global Polyurethane Sealants (PU) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The polyurethane sealants (pu)…
Africa MDI, TDI, Polyurethane Market will reach USD 839.96 million by 2030, By A …
Polyurethane is a thermoplastic polymer, which fits in the NHCOO group and mostly use to make elastomers, fillers, and adhesives. Diisocyanates are joined with polyols and additional compounds to make polyurethanes, which provide hardiness and stiffness in elastomers and are accessible in stiff and flexible foam forms. Polyurethanes are utilized in different commercial and manufacturing industries. Toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI) are major basic ingredients.
View Detailed Report:…
Modifiers for Polyurethane Resins Market Enhancing Performance and Versatility o …
Global Modifiers for Polyurethane Resins Market Overview:
The Modifiers for Polyurethane Resins market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Modifiers for Polyurethane Resins market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Global Thermoplastic Polyurethane Films (TPU) Market 2020 Growth Rate - BASF SE, …
An informative study named Global Thermoplastic Polyurethane Films (TPU) Market 2020 by Manufacturers, Type and Application, Forecast to 2025 has lately been released for the database of MarketsandResearch.biz that offers detailed research and analysis of key aspects of the global market. The report helps clients by making business conclusions and shapes the future of the organizations. It supplies a comprehensive analysis of business aspects like global Thermoplastic Polyurethane Films (TPU)…
Global Bio Polyurethane (Bio-based Polyurethane) Market, Incredible Possibilitie …
Qyresearchreports include new market research report "Global Bio Polyurethane (Bio-based Polyurethane) Market Insights,Forecast to 2025" to its huge collection of research reports.
The objectives of compiling this business intelligence study have been to introduce the current scenario of the global Bio Polyurethane (Bio-based Polyurethane) market and its future prospects. Consequently, the report provides detailed information pertaining to factors that will determine the prosperity of the market as well as curtail its…
