One Component Polyurethane Foam Market to experience an impressive growth of 8.2% during 2020-2025
February 07, 2020
One component polyurethane foam market is likely to witness an impressive CAGR of 8.2% during the forecast period. The extensive use of one component polyurethane foam in the building & construction industry drives the market globally. Its use in various end-use industries further strengthens the market.
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One Component Polyurethane Foam Market Segment Insights:
By Raw Materials Type:
Based on the raw material type, the market is segmented as methylene diphenyl diisocyanate, polyether polyols, polyester polyols, and others. The methylene diphenyl diisocyanate segment led the market in 2018. The growth is attributed to the remarkable properties of methylene diphenyl diisocyanate, such as recyclability, safety, and user-friendliness.
By Application Type:
Based on the application type, the market is segmented as door & window frame jambs, ceiling & floor joints application, partition walls application, water pipes application, and others. The door & window frame jambs application segment is estimated to be the fastest-growing segment in the coming five years. Technological progressions and high demand from the construction industry drive the growth of this segment.
By Region:
In terms of regions, Asia-Pacific is expected to be the fastest-growing market for one component polyurethane foam in the coming five years. China and India are the growth engines of the region. The market is sustained by the rising building & construction industry in the region. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
Key Players:
Some of the one component polyurethane foam manufacturers are Soudal Group, Henkel AG & Co., Hanno-Werk Austria, Selena Group, Tremco Illbruck Group, Foshan Gunuo Silicone Co., Profflex Mounting Foams, Den Braven Sealants, Aerosol-Service A.S., and McCoy Soudal Sealants Adhesives & Foams.
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