Global Polyurethane Additives Market, By Type (Surfactants, Catalyst, Fillers, Flame Retardant, Others), Application (Foam, Adhesives and Sealants, Coatings, Elastomers, Binders), End-Use Industry (Furniture, Automotive and Transportation, Building and Construction, Electronics, Pharmaceutical, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Polyurethane Additives Market
Polyurethane additives market will reach an estimated valuation of USD 4.21 billion by 2028, while registering this growth at a rate of 6.20% for the forecast period of 2021 to 2028. Polyurethane additives market report analyses the growth, which is currently being growing due to the increasing usages of product in construction industry.
The chemical substances that are applied to the polyurethane polymers are polyurethane additives to enhance and improve overall performance. It improves factors such as the processing speed, the durability of the polymer, as well as the development of polymer-like enhanced insulation properties and other characteristics. They are added in small quantities to enhance the properties of adhesives, foams, sealants, elastomers, coatings, and binders.
The growing demand for innovative and cost-effective additives, rising number of applications in other industries, increasing demand of biodegradable and recyclable packaging, rapid urbanization along with increasing levels of disposable income of the people, increasing demand for the automotive and rapid growth of the transportation sector are some of the major as well as vital factors which will likely to augment the growth of the polyurethane additives market in the projected timeframe of 2021-2028. On the other hand, emerging market for environment-friendly polyurethane additives along with growing number of industrial development which will further contribute by generating massive opportunities that will lead to the growth of the polyurethane additives market in the above mentioned projected timeframe.
Volatility in the prices of raw material along with recyclability of additives which will likely to act as market restraints factor for the growth of the polyurethane additives in the above mentioned projected timeframe. Increasing regulatory pressure on the usage of eco-friendly products along with stringent regulatory measures which will become the biggest and foremost challenge for the growth of the market.
This polyurethane additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on polyurethane additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polyurethane Additives Market Scope and Market Size
Polyurethane additives market is segmented on the basis of type, end-use industry and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the polyurethane additives market is segmented into surfactants, catalyst, fillers, flame retardant, and others. Surfactants have been further segmented into silicone, and organic. Catalyst has been further segmented into tertiary amine, ethylene amine, and metal-based catalyst. Flame retardant has been further segmented into halogenated retardant, and non-halogenated retardant. Others have been further segmented into antioxidants, cross linkers, and abrasion reducers.
- Based on end-use industry, the polyurethane additives market is segmented into furniture, automotive and transportation, building and construction, electronics, pharmaceutical, and others. Others have been further segmented into leather, and packaging.
- Polyurethane additives market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for polyurethane additives market includes foam, adhesives and sealants, coatings, elastomers, and binders. Foam has been further segmented into rigid, flexible, and molded. Adhesives and sealants have been further segmented into thermoset adhesives, and thermoplastic adhesives.
Polyurethane Additives Market Country Level Analysis
Polyurethane additives market is analysed and market size, volume information is provided by country, type, end-use industry and application as referenced above.
The countries covered in the polyurethane additives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the polyurethane additives market due to the growing construction activities undertaken by both government and private players along with rising applications of rigid foams for insulation in the region. Middle East and Africa region is expected to hold the largest growth rate due to the increasing number of applications in end-use industries such as construction and automotive in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyurethane Additives Market Share Analysis
Polyurethane additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyurethane additives market.
The major players covered in the polyurethane additives market report are Evonik Industries AG; BASF SE; Covestro AG; Huntsman International LLC.; Dow; LANXESS; Albemarle Corporation.; Tosoh Corporation; Momentive Performance Materials Inc.; ALTANA; Eastman Chemical Company; Clariant; Gulbrandsen.; Majorel; Air Products Inc.; Synasia Inc; Pon Pure Chemicals Group; Liberty Chemicals.; Everlight Chemical Industrial Corp; Milliken Chemical; Shepherd Chemical Company; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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