Global Polyurethane Foam Market Size USD 50 Billion in 2016 with an Approximate CAGR of More Than 9.1%

Pune, Maharashtra -- (SBWire) -- 01/25/2017 --Market Highlights
Increasing demand for refrigerators and freezers, furniture and bedding, automotive, coatings & adhesives, and others applications have accelerated the global demand for polyurethane foam. Owing to this, it has been predicted that the global market will touch a higher growth rate at the end of forecasted period. Other factors such as rising construction spending, emerging economies and increasing need of automotive and several environmental benefits are expected to drive the regional as well as global market.

Polyurethane Foam Market
The polyurethane foam market is majorly driven by the increase usage of furnishings, automotive interiors, carpet underlay and in many other industries such as medical, packaging and technical applications. As per analysis, the rapidly growing application industries has boosted the overall market which in turn has created a platform for polyurethane foam manufacturers to cover the overall market. Owing to this factor, there will be a bounteous scope for the domestic as well as international players to introduce new product launch and opportunities for the new entrants.

The number of factors which have enhanced the global Polyurethane Foam Market could be considered as growing urbanization in emerging economies of Asia-Pacific, protecting environment by conversing energy, affordability are the other driving factors. Geographically, Asia-Pacific has witnessed to be the fastest growing as well as the largest market for polyurethane foam by covering approximately 45% of the total market size, where China's contribution to the overall market has created several opportunities. Followed by Asia-Pacific, North America and Europe would be the second and third leading region in terms of value and volume.

Key Players for Polyurethane Foam Market:
- BASF
- Dow Chemical
- Evonik
- Bayer AG
- Trelleborg AG
- Ekisui Chemical
- Huntsman Corporation
- Armacell GmbH
- Future Foam
- Trelleborg AB

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Scope of the report
The scope of the study categorizes the polyurethane foam market as type and application. On the basis of type the market is segmented into rigid foam and flexible foam. On the basis of application, it is segmented into refrigerators and freezers, furniture and bedding, automotive, coatings and adhesives and others applications.

List of Tables
Table 1 World Population by Major Regions (2015 To 2030) (Million)
Table 2 Global Polyurethane Foam Market: By Region, 2014-2022 (USD Million)
Table 3 Global Polyurethane Foam Market: By Region, 2014-2022 (KT)
Table 4 Global Polyurethane Foam Market: By Type, 2014-2022 (USD Million)
Table 5 Global Polyurethane Foam Market: By Type, 2014-2022 (KT)
Table 6 Global Polyurethane Foam Market: By Application, 2014-2022 (USD Million)
Table 7 Global Polyurethane Foam Market: By Application, 2014-2022 (KT)

Market Segmentation
By Types
- Rigid foam
- Flexible foam

By Application
- Refrigerators and freezers
- Furniture and bedding
- Automotive
- Coatings and adhesives
- others applications

List of Figures
Figure 1 Top down & Bottom down Approach
Figure 2 Industry, Value Added (% of Gdp)
Figure 3 Porter's Five Forces
Figure 4 Polyurethane Foam Value Chain Analysis
Figure 5 Regional Trends – Market Size & Growth Rate

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Market Research Analysis:
It is expected that the polyurethane foam market will advance with higher growth rate as compared to previous years. The current challenge for the market is the unavailability of skilled labor and fluctuating material costs and European crisis. The growing population and urbanization in the emerging economies with increasing need for infrastructure in the region is driving the market of polyurethane foam over the next five years, especially in APAC. The flexible foam is estimated to be the leading foam of polyurethane foam.

Target Audience
o Manufactures of end-use industry
o Raw material Suppliers
o Aftermarket suppliers
o Research Institute / Education Institute
o Potential Investors
o Key executive (CEO and COO) and strategy growth manager

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