Report Feature
The future of the polyurethane additive market looks promising with opportunities in the automotive & transportation, building & construction, bedding & furniture, and electronics industries. The global polyurethane additive market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 4% to 6% from 2020 to 2025. The major drivers for this market are increasing demand for polyurethane in building insulation, bedding & furniture, and automotive industries.
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The study includes trends and forecasts for the global polyurethane additives market by type, end use industry, application, and region as follows:
By Type [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
- Catalysts
- Surfactants
- Fillers
- Flame Retardants
- Blowing Agent
- Others
By End Use Industry [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
- Automotive & Transportation
- Building & Construction
- Bedding & Furniture
- Electronics
- Others
By Application [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
- Foams
- Adhesives & Sealants
- Coatings
- Elastomers
- Others
By Region [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- United Kingdom
- France
- Italy
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Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Some of the polyurethane additives companies profiled in this report include Evonik Industries, BASF, Huntsman Corporation, Covestro, Dow, Lanxess, Albemarle Corporation, Tosoh Corporation, Air Products and Chemicals, Momentive, and BYK.
Lucintel forecasts that foam will remain the largest application segment over the forecast period due to increasing demand for blowing agents in polyurethane foam market.
Within the polyurethane additive market, automotive and transportation will remain the largest end use industry during the forecast period due to their usage in various parts of automobiles, such as seating, headrests, arm rests, HVAC, and other systems.
Asia Pacific will remain the largest region during the forecast period due to growing construction industry, increasing production of automotive, and growth in the bedding and furniture industry.
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Features of Polyurethane Additives Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global polyurethane additive market by type (catalysts, surfactants, fillers, flame retardants, blowing agent, and others), end use industry (automotive & transportation, building & construction, bedding & furniture, electronics, and others), application (foams, adhesives & sealants, coatings, elastomers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the polyurethane additive market? Q.5 What are the business risks and threats to the polyurethane additive market? Q.6 What are the emerging trends in the polyurethane additive market and the reasons behind them? Q.7 What are some changing demands of customers in the polyurethane additive market? Q.8 What are the new developments in the polyurethane additive market? Which companies are leading these developments? Q.9 Who are the major players in the polyurethane additive market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the polyurethane additive market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the polyurethane additive market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Polyurethane Additive Market
6.1.1 Growth Opportunities for the Global Polyurethane Additive Market by End Use Industry
6.1.2 Growth Opportunities for the Global Polyurethane Additive Market by Type
6.1.3 Growth Opportunities for the Global Polyurethane Additive Market by Application
6.1.4 Growth Opportunities for the Global Polyurethane Additive Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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