Polyurethane Additive Market is projected to grow 2.75 Billion USD by 2021

Polyurethane Additive Market is projected to grow 2.75 Billion USD by 2021

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 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"

For More Info@ https://www.marketsandmarkets.com/Market-Reports/polyurethane-additive-market-121317889.html

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.

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.

To Purchase Report@ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=121317889

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.

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.).

Request Sample@ https://www.marketsandmarkets.com/requestsample.asp?id=121317889

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" 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.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com