+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Polyurethane: Technologies, Applications and Asia-Pacific Markets

  • ID: 4721224
  • Report
  • December 2018
  • Region: Asia Pacific
  • 54 Pages
  • BCC Research
1 of 5

FEATURED COMPANIES

  • BASF SE
  • Covestro (Bayer)
  • Dow Chemical
  • Huntsman Corp.
  • Inov Polyurethane Group
  • Mitsui Chemicals, Inc.
  • MORE

Report Scope:

This report provides an overview and clear understanding of the Asia-Pacific market for polyurethanes, and includes an analysis of market trends in the region, with market data from 2016. The study considers 2017 as the base year and provides estimates for 2018 and a forecast to 2023. The estimated values used in the report are based on manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

The report discusses the technological, regulatory and economic trends affecting the polyurethane market. It also explains the major drivers, restraints and regional dynamics of the Asia-Pacific polyurethane market and current trends within the industry. The market is further segmented to focus on major Asia-Pacific countries such as China, India, Japan, South Korea and Singapore, plus the rest of the region. The report concludes with a special focus on the competitive landscape, including the key strategies adopted by the manufacturers and detailed profiles of the major manufacturers in the polyurethane market.

The Report Includes:

  • 21 data tables and 15 additional tables
  • An in-depth overview of the polyurethanes market within the Asia-Pacific region
  • Country-specific data and analysis for China, Japan, India, Singapore, South Korea and other emerging economies
  • Characterization and quantification of market potential for polyurethanes resins by type, end use and other contemporary application both in value and volumetric terms
  • Discussion of technological, regulatory, and economic trends that are affecting the polyurethane market
  • Brief study of competitive landscape which includes the key strategies adopted by the manufacturers
  • Detailed profiles of the major manufacturers in the Asia-Pacific polyurethane market, including BASF SE, INOV Polyurethane Group, Mitsui Chemicals, Tosoh Corp., and VCM Polyurethanes Pvt. Ltd.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BASF SE
  • Covestro (Bayer)
  • Dow Chemical
  • Huntsman Corp.
  • Inov Polyurethane Group
  • Mitsui Chemicals, Inc.
  • MORE

Chapter 1 Introduction

  • Introduction
  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of This Report
  • Research Methodology
  • Intended Audience
  • Analyst's Credentials
  • Custom Research
  • Related Reports

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

  • Polyurethanes: Chemistry, Properties and Applications
  • Regulations
  • China
  • India
  • Raw Material Analysis
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)
  • Bio-based Raw Materials
  • Polyols
  • Other Materials
  • Market Drivers
  • Increased Demand for Low VOC Content Resins Among End Users
  • Increasing Demand for Green Coatings in the Asia-Pacific Market
  • Market Restraints
  • Large Number of Substitutes

Chapter 4 Market Breakdown by End Use

  • Market Size and Forecast
  • Furniture and Bedding
  • Automotive
  • Building and Construction
  • Electricals and Electronics
  • Footwear
  • Others

Chapter 5 Market Breakdown by Application

  • Market Size and Forecast
  • Flexible Foams
  • Transportation
  • Furniture
  • Carpets and Cushions
  • Rigid Foams
  • Elastomers
  • Adhesives and Sealants
  • Coatings
  • Other Applications

Chapter 6 Market Breakdown by Type

  • Market Size and Forecast
  • Thermosetting Polyurethanes
  • Thermoplastic Polyurethanes

Chapter 7 Market Breakdown by Country

  • Market Size and Forecast
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Rest of Asia-Pacific

Chapter 8 Company Profiles

  • Introduction
  • ASIA POLYURETHANE MANUFACTURING
  • Company Overview
  • BASF SE
  • Company Overview
  • Products
  • Recent Developments
  • COVESTRO (BAYER)
  • Company Overview
  • Products Offered
  • DOW CHEMICAL
  • Company Overview
  • Products Offered
  • Recent Developments
  • HUNTSMAN CORP.
  • Company Overview
  • Products Offered
  • INOV POLYURETHANE GROUP
  • Company Overview
  • Products Offered
  • MITSUI CHEMICALS, INC.
  • Company Overview
  • Products Offered
  • Recent Developments
  • TOSOH CORP.
  • Company Overview
  • Products Offered
  • TOWNSEND CHEMICALS
  • Company Overview
  • Products Offered
  • VCM POLYURETHANES PVT. LTD.
  • Company Overview
  • Products Offered
  • WANHUA CHEMICAL GROUP CO. LTD.
  • Company Overview
  • Products Offered
  • ZHEJIANG HENGTAI YUAN POLYURETHANE CO. LTD.
  • Company Overview
  • Products Offered

List of Tables
Summary Table: Asia-Pacific Market for Polyurethane, by Country, Through 2023
Table 1: Asia-Pacific Market for Polyurethane, by End Use, Through 2023
Table 2: Asia-Pacific Market Volume for Polyurethane, by End Use, Through 2023
Table 3: Asia-Pacific Market for Polyurethane in Furniture and Bedding, by Country, Through 2023
Table 4: Asia-Pacific Market for Polyurethane in Automotive Industry, by Country, Through 2023
Table 5: Asia-Pacific Market for Polyurethane in Building and Construction Industry, by Country, Through 2023
Table 6: Asia-Pacific Market for Polyurethane in Electricals and Electronics Industry, by Country, Through 2023
Table 7: Asia-Pacific Market for Polyurethane in Footwear Industry, by Country, Through 2023
Table 8: Asia-Pacific Market for Polyurethane in Other Industries, by Country, Through 2023
Table 9: Asia-Pacific Market for Polyurethane, by Application, Through 2023
Table 10: Asia-Pacific Market Volume for Polyurethane, by Application, Through 2023
Table 11: Asia-Pacific Market for Polyurethane, by Type, Through 2023
Table 12: Asia-Pacific Market Volume for Polyurethane, by Type, Through 2023
Table 13: Key Trends in the Polyurethane Market
Table 14: Asia-Pacific Market for Polyurethane, by Country, Through 2023
Table 15: Asia-Pacific Market Volume for Polyurethane, by Country, Through 2023
Table 16: Chinese Market for Polyurethane, by End Use, Through 2023
Table 17: Japanese Market for Polyurethane, by End Use, Through 2023
Table 18: Indian Market for Polyurethane, by End Use, Through 2023
Table 19: South Korean Market for Polyurethane, by End Use, Through 2023
Table 20: Singaporean Market for Polyurethane, by End Use, Through 2023
Table 21: Rest of Asia-Pacific Market for Polyurethane, by End Use, Through 2023
Table 22: BASF SE: Products Offered
Table 23: BASF SE: Recent Developments
Table 24: Covestro (Bayer): Product Offered
Table 25: Dow Chemical: Products Offered
Table 26: Dow Chemical: Recent Developments
Table 27: Huntsman Corp.: Products Offered
Table 28: INOV Polyurethane Group: Products Offered
Table 29: Mitsui Chemicals, Inc.: Products Offered
Table 30: Mitsui Chemicals, Inc.: Recent Developments
Table 31: Tosoh Corp.: Products Offered
Table 32: Townsend Chemicals: Products Offered
Table 33: VCM Polyurethanes Pvt. Ltd.: Products Offered
Table 34: Wanhua Chemical Group: Products Offered
Table 35: Zhejiang Hengtai Yuan Polyurethane: Products Offered

List of Figures
Summary Figure: Asia-Pacific Market for Polyurethane, by Country, 2016-2023
Figure 1: Asia-Pacific Market Volume for Polyurethane, by End Use, 2016-2023
Figure 2: Asia-Pacific Market Volume Share for Polyurethane, by End Use, 2017
Figure 3: Asia-Pacific Market for Polyurethane in Furniture and Bedding, by Country, 2016-2023
Figure 4: Asia-Pacific Market for Polyurethane in Automotive Industry, by Country, 2016-2023
Figure 5: Asia-Pacific Market for Polyurethane in Building and Construction Industry, by Country, 2016-2023
Figure 6: Asia-Pacific Market for Polyurethane in Electricals and Electronics Industry, by Country, 2016-2023
Figure 7: Asia-Pacific Market for Polyurethane in Footwear Industry, by Country, 2016-2023
Figure 8: Asia-Pacific Market for Polyurethane in Other Industries, by Country, 2016-2023
Figure 9: Asia-Pacific Market Volume for Polyurethane, by Application, 2016-2023
Figure 10: Asia-Pacific Market Volume Share for Polyurethane, by Application, 2017
Figure 11: Asia-Pacific Market Volume for Polyurethane, by Type, 2016-2023
Figure 12: Asia-Pacific Market Volume Share for Polyurethane, by Type, 2017
Figure 13: Asia-Pacific Market for Polyurethane, by Country, 2016-2023
Figure 14: Asia-Pacific Market Volume Share for Polyurethane, by Country, 2017

Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • BASF SE
  • Covestro (Bayer)
  • Dow Chemical
  • Huntsman Corp.
  • Inov Polyurethane Group
  • Mitsui Chemicals, Inc.
  • MORE

Key characteristics of polyurethanes, such as strength, elasticity, lightweight and corrosion resistance, have enabled manufacturers to develop new products, and PU has provided an alternative to paper, glass and metal. In many cases, the use of plastics in place of other materials has a significant positive effect on sustainable development. Industries require materials that can help them reduce the weight of their products without compromising quality.

Polyurethane foam is durable and has higher mechanical strength compared to other polymers. Solid polyurethane has the highest specific durability among its peers. Due to its high mechanical strength, polyurethane can provide insulation and be used in place of metals, such as for automobile parts that provide protection from shocks.

Globally, the Asia-Pacific region is the largest- and fastest-growing market and international players are investing significantly for strategic growth. Cheap labor, the huge customer base and the easy availability of raw materials are the key driving factors contributing to the growth of the polyurethanes market. Leading automotive players such as Toyota, BMW, Audi and Mercedes-Benz have made significant investments in emerging economies. The Asia-Pacific region has witnessed significant growth in automotive manufacturing, building and construction expansions in recent years. Major manufacturers such as BASF, Dow and Covestro have invested in and established factories and offices in emerging economies such as Thailand, India and China. Rapidly improving infrastructure and the availability of affordable electricity and skilled labor at competitive rates are key driving forces behind the significant urbanization in emerging economies.

There are many macroeconomic factors impacting the Asia-Pacific market. For example, GDPs in most Asian countries are rising while investment capacity in various regions is also on the increase. Also, China is expected to become one of the fastest-growing consumer-based markets and there is tremendous growth in the manufacturing sector. The growth of China’s PU industry is a result of higher demand from the automotive, transportation, electronics and construction sectors. Low-cost Chinese goods such as furniture, footwear and textiles are in high demand in other Asian countries. Chinese companies are also entering more premium segments.

China accounts for the largest share of the Asia-Pacific region market, followed by Japan. India is expected to grow at the fastest rate due to the increasing demand for green coatings and low-VO C coatings.

Note: Product cover images may vary from those shown
5 of 5
  • Asia Polyurethane Manufacturing
  • BASF SE
  • Covestro (Bayer)
  • Dow Chemical
  • Huntsman Corp.
  • Inov Polyurethane Group
  • Mitsui Chemicals, Inc.
  • Tosoh Corp.
  • Townsend Chemicals
  • VCM Polyurethanes Pvt. Ltd.
  • Wanhua Chemical Group Co. Ltd.
  • Zhejiang Hengtai Yuan Polyurethane Co. Ltd.
Note: Product cover images may vary from those shown
Adroll
adroll