The global polyurethane (PU) market is anticipated to reach USD 105.2 billion by 2025. Urethane polymers are increasingly being utilized to address consumer needs in health, convenience and sustainability by means of applications such as adhesives, coatings, and insulation materials among others.
Thermoplastic polyurethane (TPUs) are widely utilized in automotive applications owing to their ability to integrate characteristics of both plastics & rubbers at a lower weight as compared to metal & other plastic materials. Innovative TPUs containing silicone diol with micro-structured surfaces are also being used as self-cleaning surfaces for marine vessels.
Flexible PU foams remained the dominant product with about 27% volume share in 2015. The development of innovative, flexible foams containing latent aldehydes & displaying improved compression set have also introduced new growth avenues for industry participants.
However, PU adhesives are anticipated to emerge as a fast growing product with a CAGR of 6.5%. Such specialty adhesives are contributing to faster bonding & processing times in the construction and electronics sector while lowering production costs.
- The Dow Chemical Company
- BASF SE
- Huntsman Corp.
- Eastman Chemical Co.
- Mitsui Chemicals, Inc.
- Mitsubishi Chemical Corp.
- Nippon Polyurethane Industry Corp Ltd.
- Recticel S.A.
- Woodbridge Foam Corp.
- DIC Corp
- RTP Company
- Lubrizol Corp.
Rampf Holding GmbH & Co. KG
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Market Variables, Trends & Scope
4 Polyurethane Market: Product Estimates & Trend Analysis
5 Polyurethane Market: Application Estimates & Trend Analysis
6 Polyurethane Market: Regional Estimates & Trend Analysis
7 Trade Landscape
8 Bio-based Polyurethane Market Analysis
9 Competitive Landscape
10 Company Profiles
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