A new study presented by the international agency Markets and Markets analyses deeply the industrial environment and the evolution of the PU market, rigid and flexible PU, in the next years, expecting to get 4,8% growth due to market expansion.
Polyurethane foams show unique properties such as density, resistance, insulation, durability or resilience.
The demand for polyurethane foam is increasing in new industries and applications. Refrigeration sector keeps a high level of demand for the product but the most demanded applications are in bedding, furniture, building and construction, automotive packaging and electronic markets. Expansion was driven by the growth in Asia-Pacific, Europe and North America regions.
Polyurethane foam is a widely-used plastic polymer. It is available in flexible and rigid foams. Flexible polyurethane foams are light-weight and durable, and could be given a variety of shapes. The furniture & bedding and building & construction industries dominated the global polyurethane foams market with 32.2% and 25.6% market shares, respectively, in 2014. The furniture & bedding application segment is projected to grow 7.6% during the given forecast period, and sustain its leading position in the market till 2020.
Complete study is available at Markets and Marketsweb site
– Research and markets http://www.researchandmarkets.com/research/h47g97/polyurethane_foam