The new downstream applications to promote global growth in demand for polyurethane

Innovative technology to develop new downstream applications to promote global growth in demand for polyurethane

ChinaPU China Polyurethane Network Feb. 12 hearing: a global perspective, the construction sector , the automotive sector and electronic equipment in the field of energy requirements are high, so the demand for polyurethane insulation materials also increases . Analysis of industry experts worldwide demand for polyurethane will be an annual growth rate of 4.5 . This part of the growth has been supported mainly by the innovative technology to develop new downstream applications.Wholesale masking tape

Currently , the Asia-Pacific region is already the world's largest polyurethane market , global market share of 44 , closely followed by North America and Western Europe. Because North America and Western Europe market has become increasingly saturated, so everyone's attention focused on the Asia-Pacific region . For emerging countries, due to the wealth of these countries are gradually accumulating , the demand for polyurethane is also increasing. Now , the Chinese market is still the largest engine polyurethane demand growth . In order to meet the increasing market demand for polyurethane , polyurethane is also expanding production capacity , particularly in the Asia-Pacific region .

The current global production capacity isocyanate total 8.8 million tons , by 2020, will add 3 million tons . New capacity in more than 81 from the Asia Pacific region. The construction sector is an important downstream polyurethane , a series of government attaches great importance to the project to reduce energy consumption . New polyurethane material can be used as a new residential building , also used as the renovation of the old building . Even in a relatively saturated market , this building still has growth potential. And polyurethane material widely used, currently used in the transport sector is also increasing. Taking into account the preferences of users , automobile production are now also very focused on saving fuel . Polyurethane products can reduce the important products and improve product life cycle. Polyurethane products are used in a number of other niche areas will be rapid development in the next eight years . Experts expect that in the refrigeration , footwear, textiles , leisure and other areas , the growth rate of the polyurethane demand is estimated at 5.7 per year , followed by the construction sector . The construction sector will be the largest field of polyurethane insulation materials consumption. Demand for furniture, bedding and industrial products increased slightly lower expected annual 3.3 .Masking tape
 
2012 global market value of the polyurethane foam market in $ 40.1 billion , in 2018 is expected to reach $ 61.9 billion will be ,2013 -2018 compound annual growth rate of 6.9 . Demand growth bedding , furniture , construction, automotive sector will consume more polyurethane foam. Different types of end-market requirements for polyurethane foam are not the same . Asia-Pacific market for polyurethane foam is still the fastest rate of growth in demand , especially in bedding, furniture and construction markets . The next five years , demand in Western Europe and North America will rise, research and innovation will be the main driver of this market. For the polyurethane foam market, the highest sales volume and the overall situation of the Asia-Pacific region , followed by Western Europe and North America. China , Japan, USA , Germany, Brazil and Russia are typical polyurethane foam market . Globally, the major German companies polyurethane foam Armacell , BASF , Bayer MaterialScience , UK VitaFoams, USA Carpenter, U.S. Chemtura , U.S. Huntsman , Belgium Rick Selby , United States Rogers , American pottery s , American WoodbridgeFoamPartner. Central and Eastern European countries , the emerging Southeast Asian countries, some of the international events organized by the Latin American countries will make the development of supplementary demand for polyurethane foam . Next few years, the automotive sector increased sales , improved infrastructure , the rise of emerging economies, the housing market will be the driving force of the polyurethane foam market.

2018 , the global polyols market will reach $ 22.6 billion market capitalization , polyurethane will reach $ 66.4 billion market capitalization . 2012 polyol demand exceeds 750 million tons, while projected to 2018 , polyols demand will exceed 10.4 million tons ,2012 -2018 compound annual growth rate of 5.5.2012-2018 years, the average market capitalization of polyurethane CAGR of 7.4 produces the main raw material of polyurethane isocyanate , polyols and additives, which is the maximum amount of polyol . For insiders , the two biggest challenges facing the instability of prices of raw materials and sustainable solutions to bring regulatory pressure . Most polyols are used in the industrial production of polyurethane , i.e. polyurethane market -driven and limiting factor will be the driving force and the challenge polyol market. Polyol market, dominated by market polyether polyols , polyether polyols market for 70 of the total polyol .Washi tape

In Europe, the energy performance of the building is the key to determine whether the European climate and energy goals. European climate and energy targets required by 2020 to reduce greenhouse gas emissions 20 while reducing energy costs 20. In Asia-Pacific , Central and South America , the use of polyurethane foam used as insulation materials are increasingly being accepted by the local government also introduced policies , called energy saving. For example, Chinese Ministry of Finance announced funding to support energy conservation programs. In the past decade, attracted by the low cost of production , many companies choose areas of polyurethane production plant opened in Asia .Sellotape