Grand View Research.com has announced the addition of “North America Polyurethane (PU) Market Analysis and Segment Forecasts To 2020” Market Research report to their Database.
The North America Polyurethane (PU) Market is expected to reach USD 14.46 billion by 2020, according to a new study by Grand View Research, Inc. Growing importance for energy efficiency on account of rising energy costs and greenhouse emissions coupled with growing demand for lightweight, high performance materials from automotive industry in order to improve fuel efficiency are expected to remain key drivers for the regional PU market. Volatile raw material prices on account of tight supply of particularly TDI are expected to remain a key challenge for market participants. Rapid development of bio-based PU expected to provide growth opportunities to key companies operating in the regional market.
Rigid foam was the largest product segment in the regional market and accounted for 33.6% of total market volume in 2013. Rigid foams are widely used in construction industry and for insulation purposes across various industries. Rising concerns energy prices have increased the importance for energy conservation. Rigid foams are used as insulation material to reduce thermal energy losses and increase energy efficiency of buildings. Rigid foam is also expected to be the fastest growing product segment at an estimated CAGR of 4.3% from 2014 to 2020. Growth of construction industry and government initiatives to improve energy efficiency of residential infrastructure is expected drive its demand over the forecast period.
Browse full research report on Global North America Polyurethane (PU) Market: http://www.grandviewresearch.com/industry-analysis/north-america-polyurethane-market
Further key findings from the study suggest:
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For the purpose of this study, Grand View Research has segmented the polyurethane market on the basis of product, end-use and region:
North America Polyurethane (PU) Market Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Rigid Foam
• Flexible Foam
• Coatings
• Adhesives & Sealants
• Elastomers
• Others
North America Polyurethane (PU) End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Furniture & Interiors
• Construction
• Electronics & Appliances
• Automotive
• Footwear
• Packaging
• Others
North America Polyurethane (PU) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million
, 2012 – 2020)
• U.S.
• Canada
• Mexico
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins