Skip to main content

Europe Polyurethane Industry Survey and 2024 Future Outlook

Growing need for sustainable construction in the region is a key driving factor for industry growth. Europe Polyurethane (PU) Market is expected to reach USD 26.24 billion by 2024, according to a new report by Grand View Research, Inc.


The industry is primarily driven by growth in end-use industries such as construction, automotive & transportation and furniture & bedding. Reinforcement of construction industry in the European region is anticipated to be the key driving factor over the forecast period. Eastern European countries such as Hungary, Poland and Slovakia are anticipated to witness significant growth regarding construction spending which in turn is expected to drive rigid polyurethane foam demand.

Rigid foam was the highest consumed product and accounted for over 30% of the European market volume in 2015. EU regulations towards energy efficiency of households and financial incentives aimed at improving insulation and cutting down on energy costs is expected to drive the product’s growth. It is also expected to witness the highest growth of 4.0% over the forecast period.

Germany was the leading consumer with demand share estimated at 17.4% in 2015. Being a major automotive manufacturing hub and exporter of passenger cars, rigid foams were the dominant product consumed in the country. The product accounted for nearly 30% of Germany’s PU consumption in 2015.

To Know More About Europe Polyurethane Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/europe-polyurethane-pu-market

Russia is expected to witness the highest growth of 4.3% over the forecast period. High construction output and growth of automotive industry is expected to drive the regional market.

Top Players of Europe Polyurethane (PU) Market:

Key players operating in Europe PU market include BASF, The Dow Chemical Company, Bayer Material Science, Huntsman Corporation, Nippon Polyurethane Corporation Ltd., Foamex International and Evonik Industries.

Market Segmentation of Europe Polyurethane (PU) Market:

The Europe Polyurethane (PU) Market on the basis of Product, End-Use and Region.

By Product:

    Rigid Polyurethane Foam
    Flexible Polyurethane Foam
    Polyurethane Coatings
    Adhesives & Sealants
    Polyurethane Elastomers
        Sprayed Polyurethane Elastomers
        Cast Polyurethane Elastomers

By End-Use:

    Furniture & Bedding
    Construction
    Electronics & Appliances
    Automotive
    Footwear
    Packaging

By Region:

    Germany
    UK
    France
    Italy
    Spain
    Belgium
    Russia
    The Netherlands

Inquire about Europe Polyurethane Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2962
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Point of Entry Water Treatment Systems Market Competitive Landscape by 2025

Growing public awareness towards healthy lifestyle along with increasing water pollution is projected to drive the market over the forecast period. The Global Point of Entry Water Treatment Systems Market is estimated to be valued at USD 9.95 billion by 2025, according to a new report by Grand View Research, Inc. Exponential growth in the global population has exerted considerable pressure on the existing water resources available for human consumption, in turn augmenting the dependence on groundwater owing to its easy availability. However, improper disposal of wastewater generated in agricultural and industrial areas has led to largescale contamination of groundwater in urban areas, enhancing the global point of entry water treatment systems market by 2025. Favorable government regulations to ensure the supply of healthy drinking water is predicted to boost market growth over the forecast period. The growing investments towards development of efficient point of entry water t...
Post a Comment
Read more

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...
Post a Comment
Read more