Global Polyurethanes Market Revenue Is Expected To Reach USD 57.4 Billion By 2016: PU Industry Report : Transparency Market Research

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Albany NY (February 26, 2013) (CULRAV.ORG) -

According to Transparency Market Research (www.transparencymarketresearch.com) “Polyurethanes (PU) Market: Global Industry Analysis, Size, Share & Forecast (2009 – 2016)”,Global PU Product market revenue reached USD 40.6 billion in 2011 and is expected to Transparency Market Researchreach USD 57.4 billion by 2016, growing at a CAGR of 7.2% from 2011 to 2016. Europe is expected to have the second largest market share after Asia Pacific by 2016.

 

Browse the detailed TOC at http://www.transparencymarketresearch.com/polyurethanes-market.html

 

In the recent years PU (polyurethanes) market has witnessed double digit growth rate due to its broad range of applications such as rigid and flexible foams, paints and coatings, adhesives and sealants among many others. Polyurethane is mainly used as a substitute for metal, rubber, paint, cotton and other plastics. Key drivers of the polyurethane market include its environmental sustainability characteristics and healthy growth in the automotive industry. The key restraint in the polyurethane market is elevated pricing of raw materials such as crude oil, benzene and toluene.

 

MDI and TDI are the raw materials used to produce rigid polyurethane foams and flexible polyurethane foams respectively. Hence, prices of polyurethanes are directly dependent on raw material prices and indirectly driven by the crude oil and downstream feedstock prices. The recent instability in crude oil prices has shown ripple effect on prices of MDI, TDI and eventually polyurethanes. Key market player Bayer Material Science (Germany) announced a hike of USD 429 per ton in polyurethane prices in May 2011. The alternatives to polyurethane such as spring and other fibers can impact the polyurethane market to some extent due to increasing prices of PU.

 

Among all the geographical regions, Asia Pacific is leading in terms of production and consumption of the PU products.Asia Pacific is emerging as a highly competitive market, while the opportunities in this segment are growing due to the evolving economy and rising standards of living. Increasing applications of polyurethanes in medical devices have drawn attention of major market players to focus on developing renewable feedstock for polyurethanes.

 

This report is an effort to identify factors, which will be the driving force behind the polyurethanes market and its sub-markets over the next five years. The report provides extensive analysis of the polyurethanes industry, current market trends for better understanding of the polyurethanes market. The study presents a comprehensive assessment of the global polyurethanes market on the basis of:

 

Raw Material

  • TDI
  • MDI

 

Applications

  • Flexible PU Foams
  • Rigid PU Foams
  • Adhesives and
  • Sealants
  • Coatings
  • Elastomers
  • Others

 

End-use Segment

  • Furniture and interiors
  • Construction
  • Electronics appliances
  • Automotive
  • Footwear
  • Packaging
  • Others

 

Geographies

  • North America
  • Europe
  • Asia Pacific
  • RoW

 

Countries Covered

  • Germany
  • U.K.
  • Italy
  • U.S.
  • Brazil
  • China
  • Japan
  • India

Related Report:

Thermoplastic Polyurethane (TPU) Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth And Forecast, 2012 – 2018

This report is an attempt to identify the performance of Thermoplastic Polyurethane (TPU) in the overall market. This report on the TPU market is subdivided by application, end user industries and also by geographical analysis in terms of both volume and revenue from 2010 till 2018. By application the global TPU market includes injection molding, extrusion, adhesives and sealants, and paints and coatings in terms of kilo tons as volume and USD million in terms of revenue from 2010 and forecasted till 2018.
According to Transparency Market Research, the TPU market by end users includes industries such as automotive, construction, electronics and appliances, hose and tubing, footwear, wire and cable and others which includes industrial insulation, CASE and so on. The economies covered in this report are North America, EMEA (Europe, Middle East and Africa), Asia Pacific and Rest of the World. Along with analyzing the above mentioned geographies, this report by Transparency Market Research also analyzes the thermoplastic polyurethane market in countries such as U.S., Mexico, Germany, U.K., Italy, China, India, Japan, South Korea, Taiwan and Brazil.

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Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Author: Transparency Market Research@ Transparency Market Research

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