Market Overview:
The global polyurethane systems market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for polyurethane systems in various end-use industries, such as footwear industry, automotive industry, furniture industry, insulation industry and others. Polyurethane systems are used in these industries owing to their properties such as high thermal resistance, excellent impact strength and good abrasion resistance. In addition, the growing demand for lightweight vehicles is also propelling the growth of the global polyurethane systems market. However, volatility in raw material prices may restrain the market growth during the forecast period. Based on type, thermoplastic type and thermosetting type are two major types of polyurethane systems available in the market. Thermoplastic type is further classified into flexible foam and rigid foam based on its application area; whereas thermosetting type can be further classified into two types: one-component system and two-component system based on its manufacturing process.
Product Definition:
A polyurethane system is a composite material composed of two or more components that react with each other to form a polymer. The components can be either liquids or solids and are usually mixed together before being applied. Polyurethane systems are used in a variety of applications, including insulation, adhesives, coatings, and sealants.
Thermoplastic Type:
Thermoplastic type is a broad category of thermoplastics that are solid at room temperature but flow or melt when heated. Thermoplastic has the ability to re-form into their original shape after being bent, molded, or cut. They can also be re-melted and reshaped by reheating above the processing temperature. Some common examples of thermoplastic include polyolefins (e.g.
Thermosetting Type:
Thermosetting type is a polymer that changes its physical and chemical properties when heated or cooled. Thermosetting polymers are cross-linked, i.e., linked by covalent bonds; they cannot be re-melt and remolded like thermoplastic polymers. They do not have good heat resistance, but once the initial curing takes place, they do not change much further in terms of their properties.
Application Insights:
Footwear industry was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. Polyurethane is used in footwear as it provides excellent comfort, flexibility, durability and protection against water, oil & gas etc. It also helps reduce foot fatigue owing to its softness. Furthermore, it can be molded into different shapes which makes it suitable for high-performance shoes and boots.
The automotive industry was another key application area where polyurethane systems were used extensively due to their benefits such as lightweight properties along with resistance towards heat & chemicals which make them ideal for vehicle interiors & exteriors including dashboards, seats cushioning materials roof lining insulation gaskets etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, coupled with rising investments in infrastructure development. In addition, growing automotive industry and rapid industrialization are also anticipated to drive product demand in this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high demand from major application industries such as footwear, automotive and others. The presence of major automobile manufacturers including Volkswagen Group; BMW Group; Daimler AG; Ford Motor Company LLC.; Mercedes-Benz AG; Porsche Automobile S.A.; Audi A1 Quattro GmbH & Co., Ltd.; Ferrari SPA Scuderia Ferrari SpA and Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing demand for lightweight and energy-efficient materials
- Rising popularity of polyurethane foam in furniture and bedding applications
- Proliferation of online retailing that is boosting sales of home furnishings
- Technological advancements that are resulting in new product formulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurethane Systems Market Research Report
By Type
Thermoplastic Type, Thermosetting Type
By Application
Footwear Industry, Automotive Industry, Furniture Industry, Insulation Industry, Others
By Companies
Dow, BASF, Evermore Chemical Industry Co, Ltd, Akzo Nobel N.V, Kimteks, Foam Supplies, Inc, Specialty Products Inc, Era Polymers, Notedome Limited, Accella Roofing Solutions, Dow
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Polyurethane Systems Market Report Segments:
The global Polyurethane Systems market is segmented on the basis of:
Types
Thermoplastic Type, Thermosetting Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Footwear Industry, Automotive Industry, Furniture Industry, Insulation Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dow
- BASF
- Evermore Chemical Industry Co, Ltd
- Akzo Nobel N.V
- Kimteks
- Foam Supplies, Inc
- Specialty Products Inc
- Era Polymers
- Notedome Limited
- Accella Roofing Solutions
- Dow
Highlights of The Polyurethane Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermoplastic Type
- Thermosetting Type
- By Application:
- Footwear Industry
- Automotive Industry
- Furniture Industry
- Insulation Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyurethane Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyurethane systems are a type of insulation that uses polyurethane foam as the primary thermal insulation. Polyurethane systems are typically used in buildings and other structures to provide thermal insulation and soundproofing.
Some of the major companies in the polyurethane systems market are Dow, BASF, Evermore Chemical Industry Co, Ltd, Akzo Nobel N.V, Kimteks, Foam Supplies, Inc, Specialty Products Inc, Era Polymers, Notedome Limited, Accella Roofing Solutions, Dow.
The polyurethane systems market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyurethane Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyurethane Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyurethane Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyurethane Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyurethane Systems Market Size & Forecast, 2020-2028
4.5.1 Polyurethane Systems Market Size and Y-o-Y Growth
4.5.2 Polyurethane Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Thermoplastic Type
5.2.2 Thermosetting Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Footwear Industry
6.2.2 Automotive Industry
6.2.3 Furniture Industry
6.2.4 Insulation Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyurethane Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyurethane Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Thermoplastic Type
9.6.2 Thermosetting Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Footwear Industry
9.10.2 Automotive Industry
9.10.3 Furniture Industry
9.10.4 Insulation Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Thermoplastic Type
10.6.2 Thermosetting Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Footwear Industry
10.10.2 Automotive Industry
10.10.3 Furniture Industry
10.10.4 Insulation Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Thermoplastic Type
11.6.2 Thermosetting Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Footwear Industry
11.10.2 Automotive Industry
11.10.3 Furniture Industry
11.10.4 Insulation Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Thermoplastic Type
12.6.2 Thermosetting Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Footwear Industry
12.10.2 Automotive Industry
12.10.3 Furniture Industry
12.10.4 Insulation Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Thermoplastic Type
13.6.2 Thermosetting Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Footwear Industry
13.10.2 Automotive Industry
13.10.3 Furniture Industry
13.10.4 Insulation Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyurethane Systems Market: Competitive Dashboard
14.2 Global Polyurethane Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 BASF
14.3.3 Evermore Chemical Industry Co, Ltd
14.3.4 Akzo Nobel N.V
14.3.5 Kimteks
14.3.6 Foam Supplies, Inc
14.3.7 Specialty Products Inc
14.3.8 Era Polymers
14.3.9 Notedome Limited
14.3.10 Accella Roofing Solutions
14.3.11 Dow
