Trending...
- WHES Retains BloombergNEF Tier 1 Ranking for Sixth Consecutive Quarter
- Wohler announces three SRT monitoring enhancements for its iVAM2-MPEG monitor and the addition of front panel PID selection of A/V/subtitle streams
- 5,000 Australians Call for Clarity: NaturismRE's Petition Reaches Major Milestone
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
- Winzele: A Trusted Isolation Transformer Manufacturer
- Luxury Mediterranean Estate in Gotha Sells for $1.52 Million, Closing $45,000 Over Asking
- ZEELOOL's Black Friday Sale Starts Early with Up to 80% Off Frames
- UV Weathering Test Chamber vs Xenon Arc Test Chamber: What's the Right Solution for Your Products
- Emeritus Addresses Hospital Bed Shortages with Smart Storage Solutions
North America polyurethane foam insulation materials market is estimated to be valued at US$ 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
- Fulton County & Grow Your World Amplify Atlanta Youth Through the Youth Audio Collective
- Spokane: Firework Thrown From a Vehicle Causes Severe Injuries to Another
- Spokane: Coffee With Council District 2 Council Members
- 2026 Oscars Betting Odds: One Battle After Another Favored for Best Picture
- Allen Field Co., Inc. Components Selected for Esko ArtiosCAD 3D Component Library
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
Filed Under: Business
0 Comments
Latest on Washingtoner
- Wohler announces three SRT monitoring enhancements for its iVAM2-MPEG monitor and the addition of front panel PID selection of A/V/subtitle streams
- Schemawriter.ai launches WordPress plugin as industry leaders confirm - schema markup is critical
- 20 Million Financing to Accelerate Growth and Advance Digital Asset Strategy Secured for Super League (N A S D A Q: SLE)
- uCAR Trading Launches goldsilbermarkt.de, a New Online Shop for Precious Metals
- Webinar Announcement: Reputational Risk Management in Internal Investigations: Controlling the Narrative Before, During, and After a Crisis
- Seattle Walk In Tubs Announces Service Area Expansion to Greater Seattle Region
- Seattle Bathroom Remodeling Announces Service Area Expansion to Greater Seattle Region
- Taking on the Multi-Billion-Dollar Swipe Industry: AI Curates Who You Meet—IRL over brunch
- Curated Domain Name Marketplace
- Spokane: Suspect in Custody After Committing Multiple Armed Robberies
- 5,000 Australians Call for Clarity: NaturismRE's Petition Reaches Major Milestone
- Cartwheel Signs Letter of Intent to License Clearsight Therapeutics' Novel Pink Eye Treatment for 2027 Portfolio Expansion
- Vet Maps Launches National Platform to Spotlight Veteran-Owned Businesses and Causes
- $114.6 Million in Revenues, Up 54%: Uni-Fuels Holdings (N A S D A Q: UFG) Accelerates Global Expansion Across Major Shipping Hubs as Demand Surges
- Dental Care Solutions Unveils New Website for Enhanced Patient Engagement
- TradingHabits.com Launches to Support Day Trader Well-being
- $750 Million Market on Track to $3.35 Billion by 2034: $NRXP Launches First-in-Florida "One Day" Depression Treatment in Partnership with Ampa Health
- Fire Outside City of Tacoma Facility on Martin Luther King Jr. Way Temporarily Disrupts PEG Channels
- $750 Million Market Set to Soar to $3.35 Billion by 2034 as Florida Launches First-in-Nation One-Day: NRx Pharmaceuticals (N A S D A Q: NRXP) $NRXP
- BITE Data raises $3m to build AI tools for global trade compliance teams