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Polyurethane Market by Raw Material, Product, End User - Global Forecast to 2021

Polyurethane Market: Global Forecast until 2021

  • January 2017
  • 184 pages
  • ID: 4664183
In this report:
Sales of new cars and light commercial vehicles (LCVs below ##.## tons) in the UAE accounted for ##.##% of the GCC's total vehicle production, up ##% year-on-year in 2015 to reach more than ##,## units.
In North America, the annual production of the automotive industry in 2015 was ##.## million units, up from ##.##% in 2014.

Summary

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"The overall market for polyurethane is expected to grow at a CAGR (Compound annual growth rate) of 5.60 percent from 2016 to 2021"

The overall polyurethane market is estimated to grow ~$56.8B by 2021, at a compound annual growth rate of 5.60 percent, from 2016 to 2021. The increase middle class with growing disposable incomes, and growing urbanization supplemented strongly by investments in infrastructure is driving the overall polyurethane market. The risk of exposure and environmental impact of the raw materials restrain the polyurethane market.

"Flexible foam segment is the biggest product segment of the polyurethane market"

The flexible foam segment is the largest industry in the product segment of polyurethane and is projected to remain the biggest till 2021. The use of flexible foam in beddings, automobile interiors, and footwear is leading the sector, which is estimated to remain the biggest market during the estimate period. The main driver in the flexible foam market is the use of memory foam, which has revitalized the bedding segment. This industry has also been boosted by the increasing expenditure in residential construction.

"Increasing demand from Asia-Pac is a main driver in the polyurethane market"

In 2015, the Asia-Pac region was the biggest polyurethane market, in terms of quantity. It is forecasted to retain market leadership during the outlook period. China (CN) and South Korea (KR) are the two main sectors for polyurethane in this area. The increase automotive sector, together with various new OEM's setting shop in the area is driving the industry in the Asia Pacific (APAC) area, resulting in a strong demand for polyurethane. Additionally, increasing infrastructure is likely to drive the industry demand for polyurethane in the ASEAN countries.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were performed.

The break-up of primary interviews is presented below:

• By Company category - Tier 1 - 41.0 percent, Tier 2 - 27.0 percent, and Others - 32.0 percent

• By Description - C-suite - 36.0 percent, D-level - 27.0 percent, and Others - 36.0 percent

• By Area - North America continent - 32.0 percent, Europe (EU) - 27.0 percent, Asia Pacific (APAC) - 23.0 percent, South America region - 9.0 percent, and Middle East (ME) and African continent - 9.0 percent

The main companies decribed in this research report are, Covestro AG, BASF SE, The Dow Chemical Company, Wanhua Chemical Group Co. Ltd., Huntsman Corporation, Mitsui Chemicals Inc., Chemtura Corporation, Tosoh Corporation, Manali Petrochemicals Limited, and Woodbridge Foam Corporation.

Segment Research

The analysis offers an review of the overall polyurethane market and its applications across various industry verticals and territories. It aims at evaluating the market value and upcoming growth potential of this market across several segments including, raw material type, product class, end-user, and area. Moreover, the market research also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, latest developments, and key industries strategies.

Reasons to Buy the Report

The industry report will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenues for the global polyurethane market and the sub-segments. This industry report will facilitate partners better comprehend the competitor overview and obtain additional insights to better option their businesses and make suitable go-to-market approaches. The study will also assist the partners comprehend the pulse of the sector and offer them information on the main market drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on polyurethane provided by the top actors in the overall polyurethane market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the polyurethane market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for polyurethane across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall polyurethane market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall polyurethane market

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