Rigid polyurethane (PU) foams market size to reach $20.40 billion by 2020, expected to grow at 5.2% CAGR “The global rigid polyurethane foams market size is expected to reach USD 20.40 billion by 2020, rigid polyurethane foams are primarily used as an insulation material in various constructional and refrigeration applications around the world, and the growth of these major end-use industries have been contributed to the growth of this market” global market for rigid polyurethane foams is expected to reach USD 20.40 billion by 2020; according to a new study by Grand View Research, Inc. Growth of construction industry mainly in the emerging economies of China, India and Brazil is expected to drive the market for rigid polyurethane foams over the next six years. Grand View Research further observes that government support in promoting the usage of rigid polyurethane foams mainly for refrigeration applications in the U.S. is also expected to drive the market over the forecast period. Follow Us: Detailed Research Report available at: http://www.grandviewresearch.com/industry-analysis/rigid-polyurethane-pufoams-industry Slabstock foams including both slabstock polyether and slabstock polyester accounted for a major chunk in the global market and together accounted for over 60% of total market in 2012. Slabstock foams are widely used in furniture, mattresses, carpet cushions and packaging industries. The growth of furniture market on account of growing disposable income mainly in developing nations is expected to fuel the demand for slabstock foams. Slabstock polyester is expected to be the fastest growing polyurethane foam at an estimated CAGR of 5.4% from 2013 to 2020. Global market for molded foam parts is expected to exceed a market worth USD 3.50 billion by 2020 at an estimated CAGR of 7.8% from 2013 to 2020. Further Key findings from the study suggest: Global rigid polyurethane foams demand is expected to reach 5,844.3 kilo tons by 2020, growing at a CAGR of 5.2% from 2013 to 2020 Asia Pacific emerged as the leading market for rigid polyurethane foams and accounted for just over 40% of market volumes in 2012. The growth of construction and furniture industries in China, India and Indonesia has contributed to the growth of market. Asia Pacific along with being the largest market is also expected to be the fastest growing market for rigid polyurethane foams at an estimated CAGR of 6.2% from 2013 to 2020 North American market was led by the U.S. which accounted for over 85% of the regional market in 2012. Government support to promote the use of polyurethane Follow Us: foams for refrigeration application is expected to fuel its demand over the forecast period Europe accounted for just over one-third of the global market in 2012 and is expected to grow at a relatively slower pace than other regions on account of economic crisis which impacted demand in the region. Germany alone accounted for over 20% of the total regional consumption in 2012 The global market for rigid polyurethane foam is dominated by top MNCs. Some of the major companies operating in the global market include Armacell GMBH, Dow Chemical Company, BASF SE, Bayer Material Science AG, Chemtura Corporation, Future Foams Inc, Huntsman Corporation, Recticel SA/NV, Rogers Corporation, Foamspartner Group, Saint-Gobain Performance Plastics Corporation and Sekisui Alveo AG among some other companies. Read our blogs on Bulk Chemicals:http://www.grandviewresearch.com/blogs/bulk-chemicals Table of content of global rigid polyurethane (PU) foams market research report: Chapter 1 Executive Summary 1.1 Rigid Polyurethane Foams - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Rigid Polyurethane Foams Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects Follow Us: 2.3 Rigid Polyurethane Foams Market Dynamics 2.4 Key Opportunities Prioritized 2.5 Industry Analysis - Porter's 2.6 Rigid Polyurethane Foams - Company Market Share Analysis 2.7 Rigid Polyurethane Foams - PESTEL Analysis Chapter 3 Rigid Polyurethane Foams Product Outlook 3.1 Molded Foam Parts 3.2 Slabstock Polyether 3.3 Slabstock Polyester 3.4 Other Chapter 4 Rigid Polyurethane Foams Regional Outlook 4.1 North America 4.1.1 U.S. 4.2 Europe 4.2.1 Germany Follow Us: 4.2.2 UK 4.2.3 Italy 4.3 Asia Pacific 4.3.1 China 4.3.2 Japan 4.3.3 India 4.4 RoW 4.4.1 Brazil Chapter 5 Competitive Landscape 5.1 Armacell GMBH 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 BASF SE 5.2.1 Company Overview 5.2.2 Financial Performance Follow Us: 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 Bayer Material Science AG 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Dow Chemical Company 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Foamspartner Group 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives Follow Us: 5.6 Future Foams Inc 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Huntsman Corporation 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Recticel SA/NV 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 Rogers Corporation 5.9.1 Company Overview Follow Us: 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 Saint-Gobain Performance Plastics Corporation 5.10.1 Company Overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives 5.11 SekisuiAlveo AG 5.11.1 Company Overview 5.11.2 Financial Performance 5.11.3 Product Benchmarking 5.11.4 Strategic Initiatives 5.12 Chemtura Corporation 5.12.1 Company Overview 5.12.2 Financial Performance 5.12.3 Product Benchmarking Follow Us: 5.12.4 Strategic Initiatives Chapter 6 Methodology and Scope 6.1 Research Methodology 6.2 Research Scope & Assumption 6.3 List of Data Sources About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: [email protected] Web – http://www.grandviewresearch.com/ Follow Us:
global market for rigid polyurethane foams is expected to reach USD 20.40 billion by 2020; according to a new study by Grand View Research, Inc. Growth of construction industry mainly in the emerging economies of China, India and Brazil is expected to drive the market for rigid polyurethane foams over the next six years. Grand View Research further observes that government support in promoting the usage of rigid polyurethane foams mainly for refrigeration applications in the U.S. is also expected to drive the market over the forecast period. For more information click here - www.grandviewresearch.com/industry-analysis/rigid-polyurethane-pu-foams-industry
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