Global Polyurethane Foam Stabilizer Market to cross USD 2.1 BN By 2025
Value Market Research has added new report on Global Polyurethane Foam Stabilizer Market. Estimation shows that the market was valued USD 1.5 BN (by revenue) in 2018 and is forecast to touch USD 2.1 BN by 2025 with a CAGR of 5% from 2019-2025. Rising demand for polyurethane foam across automotive interiors, furniture, carpeting, mattresses, and shoulder pads is primarily driving the market growth. Growing demands for advanced and high-performance polyurethane is further expected to increase the market value. Additionally, rising demand for adhesives and sealants as polyurethane is widely used for the formulation of high-performance adhesives and sealants is also anticipated to stir the market growth. Moreover, increasing demand for polyurethane for the production of fabrics such as swimsuits, hosiery and fitness garments is also presumed to boost the market growth.
Polyurethane is the most versatile polymers and offers impressive range of performance and use of stabilizers improve the shelf life of the polyurethane products. Polyurethane foam stabilizers are important chemical ingredients which are used to determine various important properties like the hardness, durability and quality of the PU foams. Stabilizers also protect polyurethane from UV light-induced oxidation and degradation during production. Stabilizers enable polyurethane foam to be formed and shaped into a flexible, integral, and rigid structure but each of this type requires specific stabilizers. Additionally, their uses minimize the risk of staining such as automotive interiors, mattresses, furniture, and carpeting — polyurethane flexible foams come in contact with textiles so stabilizers prevent scorching of the foam and subsequently reduce the staining of the textile.
The report - "Global Polyurethane Foam Stabilizer Market Report By Product (For Flexible Foams, For Cold Cure Foams, For Semi-Rigid Urethane Foams And Others), By Application (Furniture, Transportation, Refrigeration, Construction, and Thermal Insulation) And By Regions - Industry Trends, Size, Share, Growth, Estimation, And Forecast, 2018-2025"- describes growth analysis, limitations, challenges, and other important market factors which makes easy understanding of this industry.
The market segmentation includes product, application, and region. Product cover for flexible foams, for cold cure foams, for semi-rigid urethane foams and others. Out of which, flexible foams are gaining huge demand as stabilizers help to minimize the risk of discoloration during the production of flexible foam. Application area encompasses furniture, transportation, refrigeration, construction, and thermal insulation. Furniture has emerged as the largest application area since polyurethane is widely used to manufacture furniture owing to its exceptional chemical and physical properties. Geographical segmentation covers North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is dominating the overall market owing to the rising booming construction industry coupled with the growing demand for polyurethane foam across automotive interiors, mattresses, furniture, and carpeting application.
The Report Segments Global Polyurethane Foam Stabilizer Market -
By Product
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For Flexible Foams
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For Cold Cure Foams
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For Semi-Rigid Urethane Foams
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Others
By Application
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Slabs
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Mold
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Others
By Region
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North America
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Europe
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Asia Pacific
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Latin America
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Middle East & Africa
Players Profiled In The Report:
BYK, Covestro, Dow, Evonik, Maysta, Momentive, Shin-Etsu Chemical Co.Ltd. and Siltech
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