Polyurethane Foam Market Analysis, Size, Share, Growth To 2022 by Grand View Research, Inc.
Polyurethane foam are gaining popularity owing to unique physical properties and versatility and increasing applications in end-use industries. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/polyurethane-foam-market
Published on: Mar 4, 2016
Transcripts - Polyurethane Foam Market Analysis, Size, Share, Growth To 2022 by Grand View Research, Inc.
Grand View Research, Inc: Global Polyurethane Foam
Market Analysis, Market Size, Application Analysis,
Regional Outlook, Competitive Strategies And Forecasts,
2015 To 2022
Growing polyurethane foam demand in various industrial applications is expected
to drive polyurethane foam market over next seven years. Polyurethane foam are
gaining popularity owing to unique physical properties and versatility and
increasing applications in end-use industries. This factor is also anticipated to
boost polyurethane foam market over the forecast period. Numerous applications
in several industries such as building and construction, electronics, packaging,
apparel, marine and automotive, are expected to propel market growth over the
forecast period. High substitution cost is also anticipated to drive polyurethane
market growth. Increasing polyurethane foam applications in consumer goods
industry due to its qualities such as durability, comfort and safety is anticipated to
fuel market growth. Increasing applications in other segments are also expected to
drive polyurethane foam market over the forecast period.
For More Information on "Polyurethane Foam Market Research Reports"
visit - http://www.grandviewresearch.com/industry-analysis/polyurethane-
Increasing R&D activities to explore new application segments are expected to fuel
the market over the forecast period. However, increasing environmental concerns
owing to non-biodegradable nature of polyurethane foam may hamper market
growth. Detrimental human health effects associated with long-term exposure to
polyurethane foam are also anticipated to hinder market growth over next seven
years. Introduction of innovative new foam are expected to pose a challenge to
polyurethane foam market over the forecast period. Increasing substitution of
polyurethane foam by bio based products is also anticipated to hamper market
growth over coming seven years.
Asia Pacific region is expected to be the largest market for polyurethane market. It
has witnessed highest growth in the past and is anticipated to display increasing
polyurethane foam demand over the forecast period.
Expanding automotive and packaging industries in the emerging nations such as
India and China are expected to boost polyurethane foam applications in end-use
industries. This is expected to augment polyurethane foam market growth in Asia
Pacific region. European region experiences harsh cold weather conditions and
polyurethane foam are applied in various insulation applications, leading to
augmented market growth in countries such as Germany, France, Spain and Italy
Key players operating in polyurethane foam market are Woodbridge Foam Partner,
Chemtura Corporation, Eurofoam, Woodbridge Foam Partner, Bayar Material
Science AG, Huntsman Corporation, British Vita Foam plc. Rogers Corporation
and Recticel S.A.
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