Polyurethane (PU) Market Analysis By Product and Forecast, 2014 - 2025:Radiant Insights, Inc

The global polyurethane (PU) market is anticipated to reach USD 105.2 billion by 2025, according to a new report by Grand View Research, Inc. 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.

Further Key Findings from the Study Suggest:

Asia Pacific was the dominant consumer of polyurethanes and accounted for nearly half of the global volume in 2015. High demand from end-users such as electronic component manufacturers, automotive OEMs, footwear industry, and packagers has been a critical factor for the region's growth

China was the leading market in Asia Pacific, however, India promises greater opportunities in future due to greater investments in electronics, construction, packaging, and automotive sectors

Introduction of innovative thermotropic liquid crystalline PU elastomers has fostered new & niche applications such as its use in temperature-controlled actuators, which is projected to drive elastomers growth

The shift in trend towards lightweight & durable soles, liners, straps & belts is anticipated to propel growth in the footwear industry at a CAGR of 6.0% from 2016 to 2025

Recovering automobile components manufacturing sectors in the U.S., Germany, France, and Italy to have a positive impact on the industry at a global level

Existing companies are engaged in the introduction of novel products, technologies & applications to improve flexibility & functionality of these polymers for industrial applications

Key companies operating in this market includeBASF SE, The Dow Chemical Company, Covestro, Huntsman Corp., Eastman Chemical Co., Mitsui Chemical Corp., Woodbridge Foam Corp., RTP Company & Lubrizol Corp. companies among others

To Access Browse Full Research Report @: http://www.radiantinsights.com/research/polyurethane-pu-market

Table of Contents

Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources
1.4 List of abbreviations

Chapter 2 Executive Summary
2.1 Market Summary

Chapter 3 Market Variables, Trends & Scope
3.1 Market segmentation
3.2 Penetration & growth prospect mapping, 2014 - 2025
3.3 Polyurethane market - value chain analysis
3.4 Regulatory framework
3.5 Technology Overview
3.6 Polyurethane market dynamics
3.6.1 Market driver analysis
3.6.1.1 High demand for building insulation in light of sustainability concerns
3.6.1.2 Lightweight, high performance composites demand in automotive applications
3.6.2 Market restraint analysis
3.6.2.1 Raw material price volatility
3.6.2.2 Growing environmental concerns
3.7 Key opportunities prioritized
3.7.1 New market avenues
3.8 Industry analysis - Porter's
3.9 Polyurethane market - PESTEL analysis

To Access Request A Sample Copy Of This Report at:  http://www.radiantinsights.com/research/polyurethane-pu-market/request-sample

About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. 

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com