Market Overview:
The global modified rigid polyurethane market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for refrigerators and freezers, construction applications, and others across the globe. In terms of type, the polyisocyanurate foams segment is expected to lead the global modified rigid polyurethane market during the forecast period owing to its superior thermal insulation properties as compared to other types of foam products. In terms of application, construction applications are projected to witness highest growth during the forecast period owing to rapid urbanization and growing infrastructure development activities across regions such as Asia Pacific and Latin America.
Product Definition:
A polymer that is composed of a chain of molecules that are connected by chemical bonds. It can be found in various products such as adhesives, paints, and sealants.
Polyisocyanurate foams:
Polyisocyanurate (PIR) foams are closed-cell polymeric foam, manufactured by the reaction of isocyanate groups and long aliphatic chains. Polyisocyanurate has high thermal stability and low density making it ideal for use in insulation applications. It can be used as an alternative to Expanded Polystyrene (EPS), which makes it favorable among consumers with environmental concerns regarding the use of EPS.
Polyurethane foams:
Modified rigid polyurethane (PU) is a type of polyurethane, which is produced by adding an additional amount of hydrogen or carbon-based material to the basic raw material. The product has high demand in various end-use industries such as construction, automotive and transportation, furniture & bedding among others. PU foam offers several advantages over other types of foams including low density and high thermal stability among others.
Application Insights:
The construction applications segment led the market and accounted for more than 35.0% share of the global revenue in 2017. This growth is attributed to the excellent thermal insulation properties of GMLPU, which has enabled its use in various construction products such as wall panels, roofing systems and insulation foams.
Refrigerators and freezers are expected to be one of the major application areas for GMLPU over the forecast period owing to its excellent thermal resistance property against cold temperatures. It can also withstand high heat conditions without getting damaged or deformed; this quality makes it a suitable material for manufacturing refrigerators and freezers since they are manufactured using precise tolerances every time. The product is used extensively across all components including doors, walls, roofs etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing construction spending along with rising consumer disposable income levels in emerging economies, such as China and India. In addition, rapid urbanization coupled with growing population in these countries is likely to drive demand for housing which will further propel product demand.
The market in Europe was valued at USD X million in 2017 and is anticipated to witness moderate growth over the forecast period owing to stringent government regulations regarding energy consumption coupled with environmental impact of products used for construction applications that are driven by green building initiatives across various regions including North America and Asia Pacific has resulted a decline or slow down of new construction projects which would result a sluggish growth rate for this industry on account of limited availability of skilled labor force.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and transportation industries
- Rising demand for insulation and noise-cancellation products in construction industry
- Growing popularity of polyurethane foam as a replacement for traditional materials in furniture manufacturing industry
- Increasing use of rigid polyurethane foams in packaging applications
- Proliferation of new applications for rigid polyurethane across a wide range of industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Modified Rigid Polyurethane Market Research Report
By Type
Polyisocyanurate foams, Polyurethane foams
By Application
Refrigerators and Freezers, Construction Applications, Others
By Companies
Isothane, ICL-IP, Dow Corning, Smooth-On, Trident
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Modified Rigid Polyurethane Market Report Segments:
The global Modified Rigid Polyurethane market is segmented on the basis of:
Types
Polyisocyanurate foams, Polyurethane foams
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
Refrigerators and Freezers, Construction Applications, 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:
- Isothane
- ICL-IP
- Dow Corning
- Smooth-On
- Trident
Highlights of The Modified Rigid Polyurethane 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:
- Polyisocyanurate foams
- Polyurethane foams
- By Application:
- Refrigerators and Freezers
- Construction Applications
- 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 Modified Rigid Polyurethane 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?
Modified rigid polyurethane is a type of urethane that has been chemically modified to improve its physical and chemical properties. This modification can include the addition of fillers, pigments, or other additives that make the material more flexible or resistant to heat and other chemicals.
Some of the major players in the modified rigid polyurethane market are Isothane, ICL-IP, Dow Corning, Smooth-On, Trident.
The modified rigid polyurethane market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Modified Rigid Polyurethane Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Modified Rigid Polyurethane Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Modified Rigid Polyurethane Market - Supply Chain
4.5. Global Modified Rigid Polyurethane Market Forecast
4.5.1. Modified Rigid Polyurethane Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Modified Rigid Polyurethane Market Size (000 Units) and Y-o-Y Growth
4.5.3. Modified Rigid Polyurethane Market Absolute $ Opportunity
5. Global Modified Rigid Polyurethane Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Modified Rigid Polyurethane Market Size and Volume Forecast by Type
5.3.1. Polyisocyanurate foams
5.3.2. Polyurethane foams
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Modified Rigid Polyurethane Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Modified Rigid Polyurethane Market Size and Volume Forecast by Application
6.3.1. Refrigerators and Freezers
6.3.2. Construction Applications
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Modified Rigid Polyurethane Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Modified Rigid Polyurethane Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Modified Rigid Polyurethane Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Modified Rigid Polyurethane Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Modified Rigid Polyurethane Demand Share Forecast, 2019-2026
9. North America Modified Rigid Polyurethane Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Modified Rigid Polyurethane Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Modified Rigid Polyurethane Market Size and Volume Forecast by Application
9.4.1. Refrigerators and Freezers
9.4.2. Construction Applications
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Modified Rigid Polyurethane Market Size and Volume Forecast by Type
9.7.1. Polyisocyanurate foams
9.7.2. Polyurethane foams
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Modified Rigid Polyurethane Demand Share Forecast, 2019-2026
10. Latin America Modified Rigid Polyurethane Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Modified Rigid Polyurethane Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Modified Rigid Polyurethane Market Size and Volume Forecast by Application
10.4.1. Refrigerators and Freezers
10.4.2. Construction Applications
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Modified Rigid Polyurethane Market Size and Volume Forecast by Type
10.7.1. Polyisocyanurate foams
10.7.2. Polyurethane foams
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Modified Rigid Polyurethane Demand Share Forecast, 2019-2026
11. Europe Modified Rigid Polyurethane Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Modified Rigid Polyurethane Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Modified Rigid Polyurethane Market Size and Volume Forecast by Application
11.4.1. Refrigerators and Freezers
11.4.2. Construction Applications
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Modified Rigid Polyurethane Market Size and Volume Forecast by Type
11.7.1. Polyisocyanurate foams
11.7.2. Polyurethane oams
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Modified Rigid Polyurethane Demand Share, 2019-2026
12. Asia Pacific Modified Rigid Polyurethane Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Modified Rigid Polyurethane Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Modified Rigid Polyurethane Market Size and Volume Forecast by Application
12.4.1. Refrigerators and Freezers
12.4.2. Construction Applications
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Modified Rigid Polyurethane Market Size and Volume Forecast by Type
12.7.1. Polyisocyanurate foams
12.7.2. Polyurethane foams
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Modified Rigid Polyurethane Demand Share, 2019-2026
13. Middle East & Africa Modified Rigid Polyurethane Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Modified Rigid Polyurethane Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Modified Rigid Polyurethane Market Size and Volume Forecast by Application
13.4.1. Refrigerators and Freezers
13.4.2. Construction Applications
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Modified Rigid Polyurethane Market Size and Volume Forecast by Type
13.7.1. Polyisocyanurate foams
13.7.2. Polyurethane foams
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Modified Rigid Polyurethane Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Modified Rigid Polyurethane Market: Market Share Analysis
14.2. Modified Rigid Polyurethane Distributors and Customers
14.3. Modified Rigid Polyurethane Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Isothane
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ICL-IP
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dow Corning
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Smooth-On
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Trident
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
