Skip to main content

Rising Demand from Automobile Industry Drives Colored PU Foams Market to Touch US$17.59 bn by 2019

Transparency Market Research (TMR) has announced the addition of a new market study based on the global colored PU foams market. The report analyzes the drivers and restraints of the market, and the impact of these on the demand for colored PU foams during the forecast period from 2013 to 2019. The findings of the report show that the market is expected to stand at US$17.59 bn by the end of 2019 increasing from US$9.02 bn in 2012, expanding at a CAGR of 7.8% from 2013 to 2019.

The report studies the attractiveness of the colored PU foams market for investors and other stakeholders.The report is titled, “Colored PU Foams Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019.” Based on the information provided in the report regarding the challenges which new entrants face, the strategies used by leading companies in the colored PU foams market, and also the market trends, an interested individual or enterprise can effectively make smart decisions regarding investment in the market.

View Exclusive Global Strategic Business Report: 

PU or polyurethane is a polymer composed of organic units manufactured in the presence of blowing agents, catalysts and additives. The use of blowing agents in the process results in the opening up of the cells, thus resulting in lightweight PU foams. PU foams when treated with color pastes, color pigments, and dispersions, result in colored PU foams, and are resilient, durable, and flexible.

The global colored PU foams market is expanding due to the growth in the construction industry especially in the BRIC countries. Urbanization and huge demand for automobiles from emerging markets are encouraging the growth of the market. On the other hand, the unpredictability in the prices of raw materials and strict environmental regulations are expected to restrain the global colored PU foams market. However, the rising demand for bio-based colored PU foams from the Middle East and North America is projected to open new opportunities for growth in the coming years.

Browse The Full Article Here: 

On the basis of cell structure, the global colored PU foams market is segmented into flexible PU foams and rigid PU foams, out of which, the flexible PU foams segment accounted for about 57% of the global colored PU foams market in 2012. The growth of the segment can be attributed to the comfort and aesthetic beauty which the flexible PU foams provide. Rigid colored PU foams find applications in refrigerators, wall insulation, chillers, and floor insulation, owing to their versatility and energy efficiency.

The global colored PU foams market is segmented on the basis of geography into Asia Pacific, Europe, North America, and Rest of the World. While North Africa and the Middle East are expected to show average growth in the global colored PU foams market, Asia Pacific is expected to expand at the highest CAGR of 5.9% from 2013 to 2019, driven by the growing demand from the automotive and electronics industries.

Major players in the global colored PU foams market, which are profiled in the report are: Rogers Corporation, Bayer MaterialScience AG, Recticel SA, Saint-Gobain Performance Plastics Corporation, Huntsman Corporation, The Dow Chemical Company, and BASF SE.
The global colored PU foams market is segmented as follows:
Product
  • Flexible PU Foams
  • Rigid PU Foams
 Application
  • Furniture and Interiors
  • Construction
  • Electronics Appliances
  • Automotive
  • Footwear
  • Packaging
  • Others (Including sports and leisure apparel, etc.)

Labels:
Location: Albany, NY, USA

Comments

Post a Comment

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a...
Post a Comment
Read more

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry ...
Post a Comment
Read more

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid proto...
Post a Comment
Read more