"Polyurethane Foam Market by Type, End-Use Industry and Region – Global Forecast to 2021" is a professional and in-depth study.
MRRS adds "Polyurethane Foam Market by Type, End-Use Industry and Region – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.
MarketsandMarkets projects that the polyurethane foam market size will grow from USD 46.05 billion in 2015 to USD 74.24 billion by 2021, at a CAGR of 8.4% between 2016 and 2021. The demand for the market is supported by increasing demand and wide application in diverse end-use industries.
“Electronics end-use industry segment to gain maximum growth during the forecast period”
Rigid and flexible polyurethane foams are the most widely used insulators in the appliance industry. Key products using polyurethane foam include televisions, refrigerators, air conditioners, and microwaves. In addition, polyurethane foam is also used in vacuum cleaners, shoe polish dispensers, and food processing enclosures and appliances. Polyurethane foam protects electronics by providing excellent dielectric and adhesive properties, as well as exceptional solvent, water, and temperature resistance.
Asia-Pacific accounted for the largest share of the global polyurethane foam market and this dominance is expected to continue during the forecast period. This is attributed to the large middle class population and continued industrialization in this region. The growing demand of polyurethane foam has led to increased footprints of global players in this region. Due to this, Asia-Pacific is the dominant market for polyurethane foam at a global level. Growth of the market is also due to the increasing applicability of polyurethane foam in various industries, such as bedding & furniture, building & construction, automotive, footwear, and packaging.
Figure And Tables
TABLE 1 POLYURETHANE FOAM MARKET SIZE, 2014-2021 33
TABLE 2 IMPACT ANALYSIS OF DRIVERS 48
TABLE 3 IMPACT ANALYSIS OF RESTRAINT 49
TABLE 4 IMPACT ANALYSIS OF OPPORTUNITIES 50
TABLE 5 POLYURETHANE FOAM MARKET SIZE, BY TYPE, 2014-2021 (KILOTONS) 63
TABLE 6 POLYURETHANE FOAM MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION) 64
TABLE 7 FLEXIBLE FOAM MARKET SIZE, BY REGION, 2014-2021 (KILOTONS) 65
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