openPR Logo
Press release

Polyurethane Foam Market is likely to rise from US$51.4 bn to US$74 bn over the 2017-2022

03-28-2018 10:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparecny Market Research

/ PR Agency: Transparecny Market Research
Polyurethane Foam Market is likely to rise from US$51.4 bn

The global polyurethane foam market is likely to exhibit strong growth over the 2017-2022 forecast period due to growing demand from a number of end use industries. Polyurethane foam has become vital in numerous industries due to its combination of light weight, lack of significant chemical reactivity, and excellent insulating properties, which are likely to drive demand from the global polyurethane foam market at a strong rate over the 2017-2022 forecast period. The diversity of end use applications of polyurethane foam is one of the crucial factors responsible for growth of the global polyurethane foam market and is likely to enable smooth growth of the global market over the 2017-2022 forecast period. The rising availability of advanced forms of polyurethane that enhance its structural as well as environmental viability is also likely to remain a major driver for the polyurethane foam market over the coming years.

Request Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=33287

According to Transparency Market Research, the global polyurethane foam market is likely to exhibit a strong 7.6% CAGR between 2017 and 2022, with the market likely to rise to a valuation of US$51.4 bn by the end of 2017 and further rise to US$74 bn by the end of 2022.

Here are the key insights into the growth prospects of the global polyurethane foam market:

Growth of the construction and automotive industries is likely to remain a vital driver for the global polyurethane foam market over the 2017-2022 forecast period. One of the most important applications of polyurethane foam is as an insulating agent. This is particularly important in modern houses, which utilize insulation on an unprecedented scale to enhance the resident’s comfort levels as well as to make the building more ecologically viable. Rising awareness about the ecological benefits of using insulation to minimize the energy expenditure of a building is thus likely to be a key driver for the global polyurethane foam market over the 2017-2022 forecast period. The automotive industry has also become a major consumer of insulation materials over the last few years due to the growing sophistication of modern automotive design and is likely to remain a major end user for the global polyurethane foam market in the coming years.

Read Report Overview @ https://www.transparencymarketresearch.com/polyurethane-foam-market.html

The polyurethane foam industry has also got in tune with the growing support for environmental conservation in recent years, with the development of bio-based polyurethane serving to make the industry more viable in current economic and regulatory dynamics, which focus on environmental viability as a key aspect. Bio-based polyurethane is thus likely to be a major part of the global polyurethane foam market in the coming years.

The global polyurethane foam market is dominated by Asia Pacific except Japan, which accounted for close to 40% of the global market in 2017 and is likely to remain similarly dominant through the 2017-2022 forecast period. The rapid growth of the construction sector in developing APEJ countries such as China, India, Korea, Taiwan, Indonesia, and Malaysia is thus likely to remain a key driver for the global polyurethane foam market. Rising urbanization in these countries is likely to remain a pillar for the construction industry in the region, which will enable steady growth in demand from the polyurethane foam market.

Get More Information @ http://globenewswire.com/news-release/2017/10/27/1159334/0/en/Polyurethane-Foam-Market-to-reach-US-74-bn-by-2022-globally-Transparency-Market-Research.html

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.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 Polyurethane Foam Market is likely to rise from US$51.4 bn to US$74 bn over the 2017-2022 here

News-ID: 995532 • Views:

More Releases from Transparecny Market Research

HAZMAT Packaging Market Share, Trends, Growth, Forecast By 2027
HAZMAT Packaging Market Share, Trends, Growth, Forecast By 2027
The global HAZMAT Packaging Market is estimated to flourish at a CAGR of 5.8% from 2024 to 2027. The overall HAZMAT Packaging industry delivers an in-depth systematic framework and competitive outlook of the HAZMAT Packaging Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market in the coming
Push Pull Closures Market Will Generate New Growth Opportunities by 2027 with Top Key Players - Closure Systems International, Inc., O. Berk Company, LLC, Silgan Plastic Closures Solutions
Push Pull Closures Market Will Generate New Growth Opportunities by 2027 with To …
The global Push Pull Closures Market is estimated to flourish at a CAGR of 4.8% from 2024 to 2027. The overall Push Pull Closures industry delivers an in-depth systematic framework and competitive outlook of the Push Pull Closures Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market
PET Preform Machines Market Estimated to Touch USD 14.1 billion at a CAGR of 6.0% by 2031
PET Preform Machines Market Estimated to Touch USD 14.1 billion at a CAGR of 6.0 …
The global PET Preform Machines Market has been sailing through robust waters, witnessing a valuation of US$ 8.3 Bn 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 6.0% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$ 14.1
Flexible Packaging Paper Market Share, Trends, Growth, Forecast By 2029
Flexible Packaging Paper Market Share, Trends, Growth, Forecast By 2029
The global Flexible Packaging Paper Market has been sailing through robust waters, witnessing a valuation of US$ 47.5 Bn 2021. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2029. By the end of 2029, the industry is expected to anchor at an impressive US$ 65.2

All 5 Releases


More Releases for Polyurethane

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
Polycarbonate Diol Market Report 2018: Segmentation by Type (Solid PCD, Liquid P …
Global Polycarbonate Diol market research report provides company profile for AsahiKASEI, Perstorp, Caffaro Industrie, Cromogenia-Units, Baiqing Materials, UBE Chemical, TOSOH, Bayer and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Global Bio Polyurethane (Bio-based Polyurethane) Market 2018 - BASF, Lubrizol
Apex Market Reports, recently published a detailed market research study focused on the “Bio Polyurethane (Bio-based Polyurethane) Market” across the global, regional and country level. The report provides 360° analysis of “Bio Polyurethane (Bio-based Polyurethane) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend
Global Bio Polyurethane (Bio-based Polyurethane) Market by Chemical Structure, O …
Qyresearchreports include new market research report Global Bio Polyurethane (Bio-based Polyurethane) Sales Market Report 2018 to its huge collection of research reports. This report studies the global Bio Polyurethane (Bio-based Polyurethane) market status and forecast, categorizes the global Bio Polyurethane (Bio-based Polyurethane) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and
Thermoplastic Polyurethane Market 2017 - Bayer Material Science AG, COIM, Headwa …
Synopsis of Thermoplastic Polyurethane Market: Thermoplastic Polyurethane Market is expected to grow at a rapid phase owing to rising demand from various regions and it vast application in various end-use industries. Thermoplastic Polyurethane has good properties such as elasticity, transparency, and resistance to oil, grease, and abrasion due to this the application of Thermoplastic polyurethane has been expanding. Globally, the thermoplastic polyurethane market is expected to witness significant growth owing