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Global Polyurethanes (PU) market is projected to reach US$49.7 billion by 2016 (28 million tons), growing at a CAGR of 7.8% during, 2011-2016Global Market Watch:
Primarily supported by product types; Rigid & Flexible, Coatings and Adhesives the Polyurethanes (PU) market to witness a value of
US$49.7 billion by 2016. Geographical analysis shows the highest Compounded Annual Growth Rate (CAGR) of 8.6% is foreseen from
Asia-Pacific region during the analysis period 2011-2016.
Europe is way behind with a CAGR of 8.1% followed by the Americas at 7.1%. Among the segments, Rigid & Flexible accounts for nearly 30.4% of the overall market share; Coatings and Adhesives products stand at second and third positions respectively. Global market for Polyurethanes (PU) is rapidly growing and has registered an increase in next five years due to widely used in automotive and electronic applications. In terms volume Polyurethanes (PU) is expected to reach 28 million tons by 2016, growing at a CAGR of 10.4%.
Polyurethanes (PU) - A Global Market Watch, 2011 - 2016 reviews the latest trends in plastics industry with a perceptive to identify the near-future growth prospects. The plastics industry is a fragmented market with multiple market participants, opens up numerous investment opportunities. The major investment focus is packaging business. An in-depth analysis across the geographic regions provides strategic business intelligence for the industry investments. The study offers profitable investment strategies for R&D organizations, plastic manufacturing units, distributors, Contract Research Organizations (CROs) and many more in preferred locations. The report primarily focuses on:
• Latest Market Trends