New Global PU Market Study by Transparency Market Research Now Available at MarketPublishers.com17 May 2012 • by Natalie Aster
LONDON – The global polyurethanes (PU) market has witnessed double digit growth rate in the recent past owing to its wide spectrum of applications like rigid and flexible foams, paints and coatings, adhesives and sealants among many others. The global PU product market revenue is expected to grow from last year’s USD 40.6 billion to USD 57.4 billion by 2016, at a CAGR of 7.2% from 2011 to 2016. The Asia Pacific, followed by Europe, is projected to have the largest market share by 2016.
Among the key factors expected to drive the PU market one can name its environmental sustainability characteristics and healthy growth in the automotive industry. However, the market could be challenged by elevated pricing of raw materials like crude oil, benzene and toluene.
New market research study “Polyurethanes (PU) Market: Global Industry Analysis, Size, Share & Forecast (2009 - 2016)” developed by Transparency Market Research offers comprehensive assessment of the polyurethanes market on the basis of raw materials, applications and end-use segments. Separate comprehensive analytics for North America, Europe, the Asia Pacific and ROW are presented; annual sales estimates and forecasts for the top 8 country markets are provided for the period 2009 through 2016.
To contribute to a better understanding of the sector, the report gives true insights into current market trends, as well as major forces driving and restraining the growth of the polyurethanes market and its sub-markets over the next five years.
Polyurethanes (PU) Market: Global Industry Analysis, Size, Share & Forecast (2009 - 2016)
Published: April, 2012
Price: US$ 4,395.00
More new studies by the publisher can be found at Transparency Market Research page.