Global Polyurethane Foam Market to Grow 8.4% by 2022 - Anticipated to Reach $74.24 Billion - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Polyurethane Foam Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.

The Global Polyurethane Foam cell market is projected to grow at the CAGR of 8.4% during the forecasted period of 2016-2022. The market had generated a revenue more than $ 46.05 Billion in 2015 and is anticipated to reach up to $ 74.24 Billion in 2022. Due to increasing end-user industries in emerging nations, environment sustainability and energy conservation and versatility and unique physical properties are the major drivers which helps to run the market.

Furniture and Bedding was the primary application segment and had more than 30% of the total volume in 2015. With the increasing population, increasing number of single-parent families, and the growing real estate industry worldwide, the furniture market has been increasing steadily over the last few years.

On the basis of geography the market of Polyurethane Foam is further segmented as North America, Asia pacific, Europe and rest of the world. Asia Pacific led the global industry and had more than 40% of the global Polyurethane Foam market volume in 2015 with the growth to be driven by the development of transportation and electronics sectors in Taiwan, Korea, India and China. Economic growth in the developing region has allowed greater for sales of vehicles and electronic appliances.

Europe and North America have been usually the dominant consumers of polymers due to relatively stable industrial output. Moreover, strong economic development in developing regions such as China and India has lifted the equilibrium and Asia Pacific is anticipated to emerge as the leading consumer.

Companies Mentioned:

  • Armacell Gmbh
  • Basf Se
  • Bayer Ag
  • Chemtura Corporation
  • Compagnie De Saint-Gobain S.A.
  • Foamcraft' Inc.
  • Foampartner Group
  • Huntsman Corporation
  • Nitto Denko Corporation
  • Recticel Nv /Sa
  • Sekisui Chemical Co. Ltd.
  • The Dow Chemical

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Geographic Analysis

6. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/knrsv7/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Polyurethanes, Adhesives and Sealants , Construction Adhesives

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Polyurethanes, Adhesives and Sealants , Construction Adhesives