The global polyurethane additives market is projected to reach USD 2.75 Billion by 2021 at a CAGR of 6.3% from 2016 to 2021. The market has witnessed significant growth in the recent years, and this growth is projected to persist in the coming years. The growth of the polyurethane additives market is expected to be fueled by increasing use of polyurethane in various end-use industries such as automotive, building & construction, and other consumer products.
Seattle, WA -- (SBWIRE) -- 03/20/2017 -- The report "Polyurethane Additives Market by Type, Application (Flexible Foam, Rigid Foam, Adhesive & Sealant, Coating, Elastomer, Binders), End-Use Industry (Automotive, Building & Construction, and Bedding & Furniture), and Region - Global Forecast to 2021", The market for polyurethane additives is expected to reach USD 2.75 Billion by 2021, at a CAGR of 6.3% from 2016 to 2021.
Browse 79 market data tables and 27 figures spread through 227 pages and in-depth TOC on "Polyurethane Additives Market - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/polyurethane-additive-market-121317889.html
Early buyers will receive 10% customization on this report.
The market is driven by growing demand of polyurethane in the building & construction industry. This growth results from an increase in demand for rigid foam mainly for insulation purposes. Rigid foam lowers energy costs by reducing heating and cooling requirements.
Asia-Pacific: The Largest Market for Polyurethane Additive in 2016
Asia-Pacific is currently the largest market for polyurethane additives. China and India are the leading countries where there is major consumption of polyurethane additives in end-use industries such as building & construction, automotive, and furniture. Moreover, the growing population in India and China with rising disposable income is driving the demand for high-quality consumer products which is expected increase the use of polyurethane in many consumer goods.
Request for the Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=151375565
Flexible Foam: The Largest Application Segment of the Polyurethane Additive Market in 2016
Polyurethane additives are used in various forms of polyurethane application such as flexible foams, coatings, adhesives & sealant, elastomers, and binders. The flexible foam segment accounted for the largest market share, in terms of value as well as volume, followed by rigid foam in 2016. The elastomers segment is projected to grow at the highest CAGR from 2016 to 2021, in terms of value.
Building & construction expected to dominate the market for PU additive in 2016
The building & construction industry is projected to drive the polyurethane additive market, aided by increased demand for insulation applications for maintaining optimum temperature and reducing the energy cost. Automotive is another end-use industry where polyurethane is being used for vehicle interiors as well as exteriors. The use of the polyurethane helps reduce the weight of vehicles and enhance fuel efficiency.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=151375565
The key players in the polyurethane additives market are Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.), Huntsman International LLC (U.S.), Tosoh Corporation (Japan), Albemarle Corporation (U.S.), Eastman Chemical Company (U.S.), Kao Corporation (Japan), Evonik Industries AG (Germany), Air Products and Chemicals, Inc, (U.S.), and Momentive Performance Materials Inc. (U.S.).
Browse Related Report:
Polyurethane Coating Market by Type (Solvent-borne, Water-borne, High Solids, Powder), End Industry (Automotive & Transportation, Wood & Furniture, Industrial, Textile, Construction, Electrical & Electronics) & Geography - Trends & Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/polyurethane-coatings-market-108831606.html
Polyurethane Adhesives Market by Technology (Solventborne, Reactive, Dispersion, and Hot Melt), Type (Thermoset & Thermoplastic), Application (Building & Construction, Packaging, Automotive, Footwear, Electrical & Electronics, and Furniture) - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/polyurethane-adhesive-market-6587670.html
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets