Following aspects are kept into view while building Rigid Polyurethane Foams Market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in this industry report. Data models employed for the research methodology are merchant positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, thorough analysis and vendor share analysis.
Rigid Polyurethane Foams Market research report is one of the unsurpassed and comprehensive market research reports which emphasize the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of Chemical and Materials industry. The report showcases the trends that are in vogue, the regions that are growing, the various types of products available and the potential of the industry to provide solutions for a large population. An excellent Rigid Polyurethane Foams Market report acts as an authentic source of information which puts forth a telescopic view of the current market trends, situations, opportunities, and status.
Data Bridge Market Research analyses that the rigid polyurethane foams market is expected to undergo a CAGR of 5.00% during the forecast period. This indicates that the market value, which was USD 2205.00 million in 2021, would rocket up to USD 3257.79 million by 2029.
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Market Definition:
Rigid polyurethane foam is an extensively used engineering material due to its outstanding performance of low-density, high-mechanical properties and thermal insulation. It can serve as a thermal insulation material, load-bearing structure material, potting material, etc. Rigid polyurethane foam is a low-density polyurethane system often used in insulation panels and fire retardant parts. This rigid foam is used in certain formulations for shoe sole insert components and even helmet liners.
Some of the major players operating in the rigid polyurethane foams market are:
- BASF SE (Germany)
- SABIC (Saudi Arabia)
- 3M (U.S.)
- Asahi Kasei Chemicals Corporation (Japan)
- Solvay (Belgium), Sumitomo Chemical Co., Ltd (Japan)
- LyondellBasell Industries Holdings BV (Netherlands)
- Momentive (U.S.)
- Mitsubishi Chemical Corporation (Japan)
- Covestro AG (Germany)
- Chase Corp (U.S.)
- C. L. HAUTHAWAY & SONS CORP (U.S.)
- Evonik Industries (Germany)
- Polycoat Products (U.S.)
- Mapei SpA (Italy), Ashland (U.S.)
- Lamberti S.p.A. (Italy)
- Huntsman International L.L.C. (U.S.)
- LANXESS (Germany)
- Dow (U.S.)
Recent Development
- In June 2021, Rogers Corporation announced the launch of a product which meets the need for high-performing materials and facilitates the design of lighter and thinner electronic devices. PORON AquaPro 37TS9 offers reliable water sealing capabilities in an ultra-thin self-adhesive form.
- In January 2020, Covestro AG collaborated with Recticel NV/SA to produce mattresses from end-of-life mattresses. This collaboration aims to create a circular economy in the polyurethane foam market, which is anticipated to help both companies decrease the use of raw materials for the manufacture of polyurethane foams.
Global Rigid Polyurethane Foams Market Scope
The global rigid polyurethane foams market is segmented on the basis of type, raw material, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type:
- Sheets
- Blocks
- Molded
Raw Material:
- Diisocyanates
- Polyols
Application:
- Medical Imaging Equipment
- Nuclear Containers
- Refrigerator, and Freezer Thermal Insulation Systems
- Tooling and Molds
- Prototypes, and Models
- Cold Room
- Dance Floors and Sports Flooring
- Others
End User:
- Electrical and Electronics
- Construction
- Consumer Goods
- Healthcare
- Automotive
- Sports
- Furniture and Bedding
- Others
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