Press release
Polyurethane Additives Market 2017: Analysis, Trends, Type, Growth, Demand and Global Industry Forecast 2024.
Data Bridge Market Research
Market Definition: Global Polyurethane Additives Market
Polyurethane additives are commonly used in insulation panels, single-component foam, spray foam, and pipe insulation. Insulation panels made of polyurethane additives provide high energy & thermal insulation and are chemical resistant, making them ideal for both external and internal insulation. There is a growing demand for polyurethane additives in automotive, building & construction, and bedding & furniture activities which is expected to be one of the major drivers of the market over the next seven years.
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Major Market Drivers:
• Demand of polyurethane in the building and construction industry
• Increasing demand for rigid foam mainly for insulation purposes
Market Restraint:
• Volatility in raw material prices
Market Segmentation: Global Polyurethane Additives Market
The polyurethane additives market is segmented on the basis of type into catalyst, surfactants, fillers and others.
On the basis of application, the market is segmented into flexible foam, rigid foam, adhesive & sealant, coating, elastomer, binders and other.
On the basis of end-user, the market is segmented into automotive, building & construction, and bedding & furniture and other.
On the basis of geography, the polyurethane additives market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Competitive Landscape: Global Polyurethane Additives Market
The global polyurethane additives market is consolidated due to the presence of a limited number of players. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Polyurethane Additives Market
Some of the major players in polyurethane additives market include Air Products and Chemicals, Inc., Albemarle Corporation, BASF SE, Covestro AG, The DOW Chemical Company, Eastman Chemical Company, Evonik Industries AG, Huntsman International LLC, KAO Corporation, Momentive Performance Materials Inc., Tosoh Corporation and many more.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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