Strong demand for PU coating poised to spur polyurethanes market

10:33 AM, 20th January 2021
Polyurethanes have become an ideal choice in a slew of end-use applications, including automotive, construction and footwear. Notably, the abrasion resistance ability has made polyurethanes highly compelling even at low temperatures.

Global Market Insights Inc anticipates polyurethanes market size to gain substantial ground by 2026.

Polyurethanes have become an ideal choice in a slew of end-use applications, including automotive, construction and footwear. Notably, the abrasion resistance ability has made polyurethanes highly compelling even at low temperatures.

When compared to rubber and plate, polyurethanes have an edge in the wake of superior load bearing, high cut & tear resistance and corrosion resistance. Of late, construction companies have exhibited increased traction for polyurethanes as demand for noise reduction and maintaining constant temperature in residential and commercial spaces continue to surge.

According to the US Department of Energy (DoE), more than half of the energy use (56 percent) in a typical US home is attributed to heating and cooling, signifying a robust business outlook.

PU becomes an ideal choice in automotive sector

Prevalent use of thermosetting polymer in automotive sector in the manufacturing of rigid foam insulation panels, high-resilience foam seating, headliners and B-pillars has augured well for stakeholders eyeing to expand their portfolio in untapped areas.

With passenger cars gaining traction, polyurethanes have become the ideal choice to keep up with the environment, affordability and safety facets. Lately, interior acoustic design of a vehicle has gained impetus with PU widely setting the tone to reduce and insulate interior sounds.

Expanding penetration of PU in electric vehicles in roofs, hoods, cladding has boosted the confidence of stakeholders. Amidst environmental concern, leading companies have shown inclination for polyurethanes to boost recyclability. Besides, durability factor has instilled confidence among manufacturers for PU bolsters stiffness levels and crash performance.

Growth opportunities in polyurethane coatings

Mobility trends such as EVs, sustainability and rigorous regulations on VOC emissions have made polyurethanes a revenue generating business. Some of the factors such as lower rejection rate, tremendous flow properties and energy return properties have made polyurethanes highly popular among end-markets.

In recent years, traction for polyurethane coatings which combine high quality appearance with high mechanical performance is expected to provide potential growth opportunities for hardeners for 2K coatings and resin synthesis.

Request for a sample copy of this report on the link - https://www.gminsights.com/request-sample/detail/387

Polyurethane coatings will remain instrumental to resist environmental impacts, including UV-irradiation; and resistance towards scratches in automotive industry. Leading companies will look to reduce curing cycles at less emitted VOCs and lower temperatures.

Polyurethanes market/Potential health problem to derail growth

Despite growing penetration of polyurethanes in automotive, footwear and coatings, there are real and perceived challenges. Potential health problems and short life may derail the industry growth.

Polyurethanes have seamlessly become an invaluable part of end-users, including automotive and footwear. PU is likely to become an essential part of automotive design and footwear for sustainable and performance solutions. Versatility of PU to create flexible and rigid foams, coatings, adhesives & sealants will play a pivotal role in fueling megatrends for polyurethanes.

© Worldofchemicals News

Contact Info:

Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com

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