Published on : Nov 23, 2017
Albany, New York, November 23, 2017: Market Research Hub (MRH) has included a new report in its database titled “Rigid Polyurethane Foam Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecasts 2017 - 2025.” The research report offers a detailed analysis and insights that are supported by vital statistics and data. According to this report, global rigid polyurethane foam market is predicted to rise at a value CAGR of 6.0% during the forecast period 2017 to 2025. Moreover, the rigid polyurethane foam market will reach a revenue value of US$ 25.5 Billion by 2025 end.
Possibility in Configuration to Benefit Construction and Building Sector
Rigid polyurethane foam has various application across the distinct area which includes, industrial thermal insulation, domestic appliances, building industry, and automotive industry. As the rigid polyurethane has remarkable property, out of all its thermal insulating is notable and it can be supplied in cavities that is complex. For the domestic application, the rigid polyurethane foam finds application in refrigerator or freezers as it has thermal insulating property. Out of all, the rigid polyurethane foam is also used as the insulating agent for the wall and for the roof of new house. The ultimate usage of rigid polyurethane foam is in the field of construction. Moreover, this is also used in a collaboration with significant facing material to adjoin certain finishes and properties.
Rigid Polyurethane Foam Helps Save Energy
The rigid polyurethane foam aid in maintaining low temperature inside the house which directly helps in saving the energy cost. The demand for the rigid polyurethane is mostly in particular countries having massive temperature difference amides inner and outer side of the house. Rigid polyurethane can also help the owner of the house to save money in terms of reducing utility bill and construction price. Rigid foam polyurethane also assists in minimizing the noise inside buildings and houses.
Rigid Polyurethane Foam Market: Segmental Analysis
The research report segments the rigid polyurethane foam market on the basis of end-user and by the region. This report confer the comprehensive projection of the various market.
- On the basis of end-user, the rigid polyurethane foam market is further segmented into Automotive, Building and Construction, Industrial and Others. Out of all the key end-user, construction and building holds the dominance in the rigid polyurethane foam market in terms of revenue and volume.
- Based on region, the rigid polyurethane foam market is segmented into North America, Asia Pacific, Latin America, and the Middle East & Africa. Among all the region, Asia Pacific is anticipated to remain the dominating region in the rigid polyurethane foam market on account of volume and value.
Rigid Polyurethane Foam Market: Key Players
Few leading companies functioning in the rigid polyurethane foam market includes DUNA CORRADINI S.p.A, Rockwoll International A/S, Covestro AG, Owens Corning, BASF SE, Huntsman Corporation, Kingspan Group plc, ISOTHANE Ltd., and DuPont. As per research report, The large combination of the local players with well-rooted players provides disintegrated marketer outlook in the rigid polyurethane foam market.
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