Trending...
- Spokane: Flags to be Lowered for Trooper Killed in Line of Duty
- Kaltra Launches Next-Gen MCHEdesign With Full Integration Into MCHEselect — Instant Simulation & Seamless Microchannel Coil Workflow
- HBZBZL Unveils "Intelligent Ecosystem" Strategy: Integrating AI Analytics with Web3 Incubation
SEATTLE, May 10, 2022 /PRNewswire/ -- According to Coherent Market Insights, The global polyurethane foam insulation materials market is estimated to be valued at US$ 28,314.75 Million in 2021 and expected to exhibit a CAGR of 6.80% during the forecast period (2021-2028).
Key Trends and Analysis of the Global Polyurethane Foam Insulation Materials Market:
Insulation materials made of polyurethane foam are a type of foam that is used to provide insulation. Polyurethane foam is made by mixing the chemicals, Polyol and Isocyanate, resulting in an open cell structure with air pockets inside the material. Polyurethane foam insulation is utilized in a variety of applications including the residential and non-residential construction, oil & gas, and automotive sectors. The most significant segment of the polyurethane foam insulation materials industry is residential construction. Paints, coatings, and adhesives, which are widely used in construction, contain flexible and semi-rigid foams. The demand for these services grew as the number of people renovating and updating their homes increased.
Product innovations are key growth driving factors in the polyurethane foam insulation materials market. For instance, in September 2019, Demilec, Inc., a subsidiary of Huntsman Corporation, launched several spray foam insulation products for the Middle East market and announced the opening of its Spray Foam Technical Application and Training Center in Dubai.
Rigid foam, which has unique insulating properties that make it suitable for use in homes for walls and roofs, is one of the exceptional applications of polyurethane. As rigid polyurethane foam has a strong insulating quality, it allows builders to build thinner walls and can reduce construction costs and utility bills for homeowners.
Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/5012
Key Market Takeaways:
The global polyurethane foam insulation materials market is expected to exhibit a CAGR of 6.80% over the forecast period (2021-2028). Increasing demand for building insulation materials in both residential and non-residential segments, as well as the rising use of rigid polyurethane foam (RPF) in automotive applications, are expected to be the main growth drivers during the forecast period.
More on Washingtoner
North America polyurethane foam insulation materials market is estimated to be valued at US$ 7,458.10 Mn in 2021 and is expected to grow at a significant rate of 6.70% during the forecast period. The growth of the polyurethane foam insulation materials market in North America is mainly attributed to the increasing demand for energy-efficient and cost-effective insulation materials.
Major players operating in the global polyurethane foam insulation materials market include Bayer Ag, Armacell GmbH, Compagnie De Saint-Gobain S A, Ekisui Chemical Co. Ltd., Huntsman Corporation, Nitto Denko Corporation, Inoac Corporation, The Dow Chemical Company, Tosoh Corporation, Trelleborg Ab, Sekisui Chemical, and Wanhua Chemical Group Co. Ltd.
Technology launches, acquisitions, collaborations and R&D activities are key strategies adopted by players in the polyurethane foam insulation materials market. For instance, in January 2020, Covestro AG, a leading producer of a variety of polycarbonate and polyurethane raw materials, announced a collaboration with Recticel NV/SA, a producer of flexible polyurethane foams used in bedding, insulation, and automotive products. The goal of this collaboration is to create mattresses out of discarded mattresses. This collaboration will build a circular economy in the polyurethane foam market which will help both the companies lower the dependence on the use of raw materials in polyurethane foams production. Also, in April 2020, Eurofoam Group, a leading manufacturer of flexible polyurethane foams in Eastern and Central Europe region, was acquired by Greiner, a leading producers of foam and processors of plastics for the packaging, furniture, sport, automotive, medical technology and pharmaceutical sectors. The aim of this acquisition is to strengthen the foam segment and will be helpful for Greiner's expansion in the future.
Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/5012
Detailed Segmentation:
Global Polyurethane Foam Insulation Materials Market, By Type:
Global Polyurethane Foam Insulation Materials Market, By Application:
Global Polyurethane Foam Insulation Materials Market, By Region:
Buy this Complete Report Now @ https://www.coherentmarketinsights.com/insight/buy-now/5012
More on Washingtoner
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact Us:
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: [email protected]
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter
SOURCE Coherent Market Insights
Key Trends and Analysis of the Global Polyurethane Foam Insulation Materials Market:
Insulation materials made of polyurethane foam are a type of foam that is used to provide insulation. Polyurethane foam is made by mixing the chemicals, Polyol and Isocyanate, resulting in an open cell structure with air pockets inside the material. Polyurethane foam insulation is utilized in a variety of applications including the residential and non-residential construction, oil & gas, and automotive sectors. The most significant segment of the polyurethane foam insulation materials industry is residential construction. Paints, coatings, and adhesives, which are widely used in construction, contain flexible and semi-rigid foams. The demand for these services grew as the number of people renovating and updating their homes increased.
Product innovations are key growth driving factors in the polyurethane foam insulation materials market. For instance, in September 2019, Demilec, Inc., a subsidiary of Huntsman Corporation, launched several spray foam insulation products for the Middle East market and announced the opening of its Spray Foam Technical Application and Training Center in Dubai.
Rigid foam, which has unique insulating properties that make it suitable for use in homes for walls and roofs, is one of the exceptional applications of polyurethane. As rigid polyurethane foam has a strong insulating quality, it allows builders to build thinner walls and can reduce construction costs and utility bills for homeowners.
Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/5012
Key Market Takeaways:
The global polyurethane foam insulation materials market is expected to exhibit a CAGR of 6.80% over the forecast period (2021-2028). Increasing demand for building insulation materials in both residential and non-residential segments, as well as the rising use of rigid polyurethane foam (RPF) in automotive applications, are expected to be the main growth drivers during the forecast period.
More on Washingtoner
- Tacoma: Targeted Road Repairs to Bring Lane Reductions on South 19th Street January 5 – 9
- Are You Hiring The Right Heater Repair Company in Philly?
- Human Resilience Project Caps Breakthrough Year in 2025
- Spokane: City Crews Respond to Lincoln Statue Vandalism, Police Investigating
- Appliance EMT Expands Professional Appliance Repair Services to Hartford, Connecticut
North America polyurethane foam insulation materials market is estimated to be valued at US$ 7,458.10 Mn in 2021 and is expected to grow at a significant rate of 6.70% during the forecast period. The growth of the polyurethane foam insulation materials market in North America is mainly attributed to the increasing demand for energy-efficient and cost-effective insulation materials.
Major players operating in the global polyurethane foam insulation materials market include Bayer Ag, Armacell GmbH, Compagnie De Saint-Gobain S A, Ekisui Chemical Co. Ltd., Huntsman Corporation, Nitto Denko Corporation, Inoac Corporation, The Dow Chemical Company, Tosoh Corporation, Trelleborg Ab, Sekisui Chemical, and Wanhua Chemical Group Co. Ltd.
Technology launches, acquisitions, collaborations and R&D activities are key strategies adopted by players in the polyurethane foam insulation materials market. For instance, in January 2020, Covestro AG, a leading producer of a variety of polycarbonate and polyurethane raw materials, announced a collaboration with Recticel NV/SA, a producer of flexible polyurethane foams used in bedding, insulation, and automotive products. The goal of this collaboration is to create mattresses out of discarded mattresses. This collaboration will build a circular economy in the polyurethane foam market which will help both the companies lower the dependence on the use of raw materials in polyurethane foams production. Also, in April 2020, Eurofoam Group, a leading manufacturer of flexible polyurethane foams in Eastern and Central Europe region, was acquired by Greiner, a leading producers of foam and processors of plastics for the packaging, furniture, sport, automotive, medical technology and pharmaceutical sectors. The aim of this acquisition is to strengthen the foam segment and will be helpful for Greiner's expansion in the future.
Request for Customization @ https://www.coherentmarketinsights.com/insight/request-customization/5012
Detailed Segmentation:
Global Polyurethane Foam Insulation Materials Market, By Type:
- Flexible Foam
- Spray Foam
- Rigid Foam
Global Polyurethane Foam Insulation Materials Market, By Application:
- Building and Construction
- Automotive
- Medical
- Packaging
- Others (Electronics, etc.)
Global Polyurethane Foam Insulation Materials Market, By Region:
- North America
- By Country:
- U.S.
- Canada
- Europe
- By Country:
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- By Country:
- GCC Countries
- Israel
- South Africa
- Rest of Middle East & Africa
Buy this Complete Report Now @ https://www.coherentmarketinsights.com/insight/buy-now/5012
More on Washingtoner
- Java Holdings LLC Acquires +Peptide, Expanding Portfolio Across Coffee, Science, and Functional Nutrition
- Spokane: Winter City Curbside Collections Available
- OneSolution® Expands to Orlando with New Altamonte Springs Implant Center
- Indian Peaks Veterinary Hospital Launches Updated Dental Services Page for Boulder Pet Owners
- Dugan Air Donates $10,000 to Indian Creek Schools
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact Us:
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: [email protected]
Website: https://www.coherentmarketinsights.com
Follow Us: LinkedIn | Twitter
SOURCE Coherent Market Insights
0 Comments
Latest on Washingtoner
- Tacoma: Update in SR-509 Fatal Collision Investigation: Vehicle of Interest Impounded
- Sexual Assault Suspect That Fled Spokane Area, Arrested in Connecticut; Extradition to Washington State Pending
- Spokane Police Department and SPD Cadets Engage with the Logan Community to Discuss Crime Prevention in the Neighborhood
- Mauritania's Cissé Boide Selected as the 2025 Ambassador of the Year
- Guests Can Save 25 Percent Off Last Minute Bookings at KeysCaribbean's Village at Hawks Cay Villas
- Trump's Executive Order Rescheduling Cannabis: Accelerating M&A in a Multibillion-Dollar Industry
- Genuine Hospitality, LLC Selected to Operate Hilton Garden Inn Birmingham SE / Liberty Park
- Documentary "Prescription for Violence: Psychiatry's Deadly Side Effects" Premieres, Exposes Link Between Psychiatric Drugs and Acts of Mass Violence
- Price Improvement on Luxurious Lāna'i Townhome with Stunning Ocean Views
- Nextvisit Co-Founder Ryan Yannelli Identifies Six Critical Factors for Behavioral Health Providers Evaluating AI Scribes in 2026
- CredHub and Real Property Management Join Forces to Empower Franchise Owners with Rental Payment Credit Reporting Solutions
- Spokane: City Closures Planned for the Holidays
- Leimert Park Announces Weeklong Kwanzaa Festival & Kwanzaa Parade Celebrating Black History, Culture, and Community
- City of Tacoma Observes Christmas Day December 25 and New Year's Day January 1
- City of Tacoma Launches Pilot Program to Fast-Track 'Missing Middle' Housing
- Renowned Alternative Medicine Specialist Dr. Sebi and His African Bio Mineral Balance Therapy Are the Focus of New Book
- Psychiatric Drug Damage Ignored for Decades; CCHR Demands Federal Action
- Why Millions Are Losing Sexual Sensation, And Why It's Not Age, Hormones, or Desire
- Justin Jeansonne An Emerging Country Singer-Songwriter Music Fans Have Been Waiting For…a True Maverick
- Russellville Huntington Learning Center Expands Access to Literacy Support; Approved Provider Under Arkansas Department of Education