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Global Polyurethane Foam Market Report 2019: Market to Reach $36 Billion in by 2024 from $26.2 Billion in 2019 - ResearchAndMarkets.com

December 17, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 17, 2019--

The “Global Polyurethane Foam Market” report has been added to ResearchAndMarkets.com’s offering.

The Global Polyurethane Foam Market Should Grow from $26.2 Billion in 2019 to $36.0 Billion By 2024 With a CAGR of 6.5% for the Period of 2019-2024

In addition to industry and competitive analysis of the polyurethane foam market, this report also exhaustively covers patents and the company profiles of key players active in the global market.

Polyurethane is a leading member of a wide ranging and highly diverse family of polymers and plastics. Polyurethane foam is a solid or open cellular structured form of polyurethane. Polyurethane foam is mostly available in flexible or rigid form. More precisely, polyurethane foams are created by reacting polyols and diisocyanates in the presence of suitable catalysts and additives. Both products are derived from petroleum crude oil. A series of additives are required to produce the high-quality polyurethane foam products depending on end-use application.

The robust and distinct properties of polyurethane solve complex problems and fit into different shapes which improve the application of polyurethane foams. Polyurethane foam safeguards products by offering exceptional dielectric and adhesive characteristics. Polyurethane foam is resistant to scratches, water, temperature and weather. Polyurethane foams are categorized into three types: spray foam, flexible foam and rigid foam.

Flexible polyurethane foam is utilized as cushioning for a variety of consumer products such as furniture, packaging, bedding, automotive interiors and carpet underlay. Flexible foam can be produced in almost any type of structure and shapes.

Flexible foams are light, comfortable and durable, and used widely for bedding, furniture and automotive applications. Rigid polyurethane foams are one of the most widespread versatile and energy-efficient insulations. These foams may substantially cut energy costs while making residential and commercial properties more comfortable and efficient.

According to the U.S. Department of Energy, residential cooling and heating accounts for more than 50% of the energy use in the United States, making it the largest energy expenditure for most residential houses. To maintain constant temperature and lower noise in homes and commercial properties, builders use rigid polyurethane foam. This foam is an effective insulation material that can be used in roof tops, insulated windows, wall insulation, doors and air barrier sealants. Spray polyurethane foams are a spray-applied plastic which insulate buildings, seal cracks and gaps, and make homes more energy efficient and comfortable. Polyurethane foams are also an effective solution in reducing unwanted air intrusion through joints, cracks and seals.

These polyurethane products have a diverse range of applications because their open and elastic cell structure makes them resistant to oxidation and aging.

Polyurethane foams are used in multiple applications including

Report Includes:

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background

Chapter 4 Market Breakdown by Product Type

Chapter 5 Market Breakdown by End Use

Chapter 6 Market Breakdown by Region

Chapter 7 Patent Review and New Developments

Chapter 8 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/l9mxgr

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SOURCE: Research and Markets

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PUB: 12/17/2019 06:05 AM/DISC: 12/17/2019 06:05 AM