#polyurethane prepolymer market Share

[pearlsmith25]

Polyurethane Prepolymer Market Growth Catalysts: A Deep Dive into Market Drivers

Polyurethane prepolymer is a versatile polymer that exhibits characteristics like strength, toughness, durability and flexibility, making it widely applicable in various end-use industries. Polyurethane prepolymer enhances structural integrity and insulation properties in applications such as rigid & flexible foams, thermoplastic elastomers, coatings, adhesives & sealants among others. Rapid industrialization and increasing infrastructure development has driven the global demand for high-performance insulating materials in construction, automotive, packaging and other industrial applications.

The global Polyurethane Prepolymer Market is estimated to be valued at US$ 60 billion in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity:

With growing environmental concerns and government regulations promoting energy conservation, demand for green buildings with superior insulation properties has increased significantly. Polyurethane foam products play a vital role in manufacturing highly efficient insulated panels for walls, roofs and other building components. As the construction industry shifts focus towards sustainable design and construction, polyurethane prepolymer market is expected to witness lucrative opportunities owing to its excellent thermal insulation and moisture resistance qualities. Implementation of strict energy efficiency codes in developed economies will further propel the sales of polyurethane foam insulation in residential as well as commercial construction projects over the forecast period.

Porter’s Analysis Threat of new entrants: High capital requirements for manufacturing facilities and distribution channels limit new entrants into the market. Bargaining power of buyers: Large buyers such as automotive and construction industries have significant bargaining power due to the scale of their purchase volumes. Bargaining power of suppliers: Major suppliers have bargaining power due to their specialized raw materials and production know-how. Threat of new substitutes: Few substitute products can match the versatility and technical performance of polyurethane prepolymers. Competitive rivalry: The market is consolidated with top players globally and regionally. Intense competition keeps prices competitive.

SWOT Analysis Strength: Polyurethane prepolymers exhibit high strength, abrasion and impact resistance along with flexibility and durability. They find wide applications from construction to automotive industries. Weakness: Regulatory changes regarding VOC emissions can increase production costs. Dependency on crude oil prices impacts prepolymer costs. Opportunity: Growing construction activity in developing nations drives the market. Usage in new applications like footwear and medical devices present new avenues. Threats: Stringent environmental norms around toxic isocyanates may limit market growth. Economic slowdowns reduce demand from end-use industries.

Key Takeaways The global polyurethane prepolymer market is expected to witness high growth over the forecast period supported by increasing construction spending and automotive production globally.

Regional analysis: Asia Pacific dominates the market currently owing to large volumes demanded by the building & construction and automotive industries in China, India. The region is projected to continue exhibiting highest growth through 2030 with rising infrastructure spending and automobile manufacturing.

Key players: Key players operating in the polyurethane prepolymer market are Dow Chemical, Huntsman, BASF, DIC Corporation, Hexcel, Covestro, Eastman Chemical, RTP Company, Lubrizol Corporation, Rampf Group. Rising applications in footwear, medical devices, adhesives present lucrative opportunities for expansion.

[chemicalsources]

polyurethane prepolymer market Odyssey Charting a Course Towards Green Growth

Polyurethane prepolymers are made by reacting diisocyanates and polyols under controlled conditions. They are used to produce various forms of polyurethane including rigid and flexible foams, coatings, adhesives, sealants, and elastomers. Rigid polyurethane foams are mainly used for thermal insulation in construction applications owing to their high insulation and low conductivity properties. Flexible slabs of polyurethane foams are used in mattresses, furniture, automotive interiors, and packaging due to their shock absorption and comfort properties. Market Dynamics: Increasing demand from construction industry is a key driver propelling growth of the global polyurethane prepolymer market. Rigid and flexible polyurethane foams produced using prepolymers have widespread applications in building insulation, reducing dependency on traditional materials. The rising construction of commercial and residential buildings globally has augmented the consumption of polyurethane insulation materials. According to the Global Construction 2030 report, the global construction output is projected to grow by 85% to US$ 15.5 trillion by 2030. This rising construction activity is expected to boost demand for polyurethane prepolymers over the forecast period. Additionally, increasing demand from automotive and furniture industries is also fueling market growth. The production of energy-efficient vehicles has increased usage of polyurethane foams in automotive interiors. SWOT Analysis Strength: Polyurethane prepolymers offer high durability and weather resistance when used in construction applications. They provide flexibility and are resistant to abrasion, which makes them suitable for footwear and automotive applications. Polyurethane prepolymers can be easily molded into complex shapes and sizes. Weakness: Volatility in raw material prices can adversely impact the costs of polyurethane prepolymer manufacturers. Strict environmental regulations regarding the use of toxic raw materials and emission of VOCs during manufacturing pose challenges. https://www.coherentmarketinsights.com/market-insight/polyurethane-prepolymer-market-3023

[akash1998123]

9 Fascinating Reasons People Like Polyurethane Sealants Market

Worldwide Polyurethane Sealants Market is segmented By Type(- Part, Two- Component), By Come to an end- User( Building& Structure, Automotive, Marine, Others), and Simply by Region( North America, Latin states, Europe, Asia Pacific, Middle East, and Africa)– Share, Specifications, Outlook, and Opportunity Analysis, 2022- 2029

Market Overview

The Global "Polyurethane Sealants Market" is expected to grow at a CAGR of 5% through the foretelling period (2022- 2029).

Polyurethane material sealants are fast supports drying and moisture-treated sealants that are utilized in many industries including building, structure, and the automotive aftermarket. That is generally used for securing joints in walls and floor surfaces. Functions well on concrete, and in addition it seals genuine fiberglass panels.

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Market Dynamics

The auto car industry, due to several appartenente- financial factors, is generating the need for sealants. The number of volumes of production and a fantastic upsurge in the number of variants from vehicles sold globally have further propelled this demand.

By your figures published by the International Organization of Motor Cars Manufacturers (OICA), 96.8 million dollars in vehicles (passenger vehicles and professional vehicles) were sold globally during 2017 compared to 93.9 million and 89.7 million dollars in 2016 and 2015 seeing a growth rate of 3.08% in 2017 and 4.6% in 2016 respectively.

In addition, sealants find considerable use in the automotive aftermarket for equally exterior and interior applications. In-house, applications comprise the utilization of sealants to get sealing doors and windows. Such properties need to greatly help get consumption of polyurethane sealants industry throughout the forecast period.

However, fluctuating raw material prices along with a shortage of raw materials hinder growth.

Segmentation Analysis

Based on the type, the worldwide polyurethane material sealants market is broadly segmented and classified as one- Part and Two- Components. Between all of the types, a single component dominates the market when it comes to maximum utilization in various applications the same as doors, nevertheless may also be used during several other residential or structural applications. This component is normally predicated on aromatic diisocyanates.

Additionally, recently developed- Part polyurethane sealant technology is determined by silane-terminated prepolymers. The silane-terminated prepolymer eliminates the potential for the sealant to foam when in contact with moisture. This, along with colorfast properties, makes silane-done sealants attractive to the expansion market.

Based on the end-user, the global polyurethane material sealants market is segmented into Building& Construction, Automotive, Ocean, and Others. Building& Structure dominate the market when it comes to maximal growth. The expansion population and the need for luxurious homes are significant factors for the growth.

Structured on the spot, a worldwide polyurethane sealants marketplace is segmented into the United States, Europe, Tibet Pacific, South USA, and the Middle section East& Africa. Among most of the regions, the Asia Ocean dominates the worldwide polyurethane sealants market for increasing

building and construction activities and awareness of environmental hazards in emerging companies such as India, China, East, Thailand, Indonesia, Brazil, and Argentina.

Another financial progress factor is the increasing population in countries such as China and India. Having a population of around 4. 3 which is unquestionably 60 percent of the world's population. Currently, you will discover 1.8 billion in South and South-West Asia, 1.6 billion in North and Northwest- East Asia, 0.6 billion in South- East Asia, 0.2 billion in North and Central Asia, and 38 million inside the Pacific. China and Taiwan and India are the explanation for almost a single- 3rd of the global low domestic product (GDP) measured in terms of purchasing power parity (PPP).

Ambitious Analysis

The global Polyurethane Sealants industry is fragmented using the living of many local and intercontinental players. The versatility in merchandise features and opportunities for industry growth through new product starts is poised to intensify competition among companies.

The businesses go through the strategy of the launch of the goods in an attempt to boost company income and economic resources.

For instance, in the Summer of 2018: Momentive Performance Materials Incorporation. has launched a pressure supports sensitive adhesive (PSA). The recently developed adhesive is principally applied in specialty masking and assemblage tapes, which can be employed in the Electric and Industrial market segments.

The company’s focus on aid and strategic partnerships to enhance polyurethane sealant demand across most industries.

As an example, In April 2019, BASF selected Azelis Americas as the distributor for polyurethane chemical compounds in the Coatings, Adhesives and Binders, Sealants, and Elastomers(CASE) market effective. Azelis, together with the new acquisition of Chemroy Canada, will distribute the BASF polyurethane range in the U. S. and Canada.

In May 2017, H. M. Fuller Company signed a great agreement to acquire Royal Adhesives& Sealants, a respected manufacturer of substantial-value specialty adhesives and sealants. This business regularly supplies industry-leading growth costs, EBITDA margins, and free funds flow that is expected to enhance H. B. Fuller's location being a global leader in the adhesives industry.

In-may 2016 Progressive Chemical Products Group attained Fomo Products Inc. to broaden its position in the polyurethane material sealants and adhesives sector. The acquired business would be bundled into ICP Adhesives and Sealants Inc., a division of ICP Group.

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[industryarcresearch]

Spandex Fiber Market - Forecast(2022 - 2027)

Spandex Fiber Market is forecast to reach $8.3 billion by 2026, after growing at a CAGR of 7.5% during 2021-2026. Spandex is a lightweight, synthetic fiber made up of a long chain polymer called polyurethane, which is produced by reacting a polyester with a diisocyanate. The demand for spandex fiber is increasing from various industry verticals like textile and automotive due to its extensive set of properties such as elasticity, durability, and resistance to UV light. Spandex fiber is widely used in textile industries to make stretchable clothing. Besides, surging demand from healthcare for bandages, medical housing, and diapers is also fueling the growth of the spandex fiber market share worldwide during the forecast period.

Report Coverage

The report: “Spandex Fiber Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Spandex Fiber Market. By Manufacturing Process:

Melt Extrusion

, Reaction Spinning, Solution Dry Spinning, and Solution Wet Spinning.By Application: Textile (Apparels, Home Furnishing, and Others), Sportswear, Healthcare (Stretchable Bandages, Medical Housing, Compression Stockings & Hoses, and Others), Automobiles (Door Panel Fabrics, Car Seat Fabrics, and Others), and Others.By Geography: North America, South America, Europe, APAC, and RoW.

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Key Takeaways

The U.S has shown significant growth in the spandex fiber market during the forecast period due to the huge healthcare spending and presence of automakers such as General Motors, Ford, and Fiat Chrysler further boost the demand.

Technology advancement and development of bio-based spandex fiber further propels the growth of spandex fiber industry. For instance, in 2014, INVISTA, developed LYCRA® bio-derived spandex fiber from dextrose derived from corn.

Due to the COVID-19 Pandemic the growth of healthcare industry is accelerating. Thus, demand for masks, gloves, and medical apparel is up surging, which in turn drive the growth of spandex fiber market.

Spandex Fiber Market Segment Analysis - By Manufacturing Process

Solution dry spinning segment holds the largest share of more than 60% in the spandex fiber market in 2020. The solution dry spinning is widely preferred as a cost-efficient process and the fibers manufactured through this process offer better elastic recovery. In dry spinning fiber production, the prepolymer (produced by mixing macro glycol with a diisocyanate monomer) is reacted with an equal amount of diamine. This is known as a chain extension reaction. The resulting solution is diluted with a solvent to produce the spinning solution. The solvent help to make the solution thinner and more easily handled. At last, the spinning solution is pumped into a cylindrical spinning cell where it is cured and converted into fibers. Due to safety and environmental concerns associated with solvent handling, dry spinning technique is used only for polymers which cannot be melt spun.

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Spandex Fiber Market Segment Analysis - By Application

Textile segment holds the largest share of more than 40% in spandex fiber market in 2020. For clothing, spandex is usually mixed with cotton/rayon/polyester or nylon fiber depending on the fabric. Spandex are durable and recover to very near its original length and shape after stretching. Owing to these properties, spandex fibers are used in formulation of Intimate Apparel and Hosiery, which in turn augments the growth of the spandex fiber market. They are also used in home furnishing items such as slipcovers & furniture covers and carpets. According to the International Trade Center, revenue generated by the import of stockings, socks and other hosiery items grew by 2%, reaching $ 2,449.8M in 2019. Thus, increasing demand for apparel and expansion of textile industries across the globe may fuel the growth of the market.

Spandex Fiber Market Segment Analysis - By Geography

Asia Pacific has dominated the spandex fiber market with a share of more than 45% in 2020 followed by North America and Europe. Population growth coupled with rapid industrialization is driving the growth of the spandex market in APAC region. Rising demand for clothing, such as inner wear, sportswear, and active wear, on account of the higher disposable income levels and growing popularity of various sports and leisure activities, is anticipated to drive the market further. According to Indian Brand Equity Foundation (IBEF), India’s textile and apparel exports accounted for US$ 38.70 billion in 2019 and is expected to increase to US$ 82.00 billion by 2021, subsequently driving the growth of the spandex fiber market.

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Spandex Fiber Market Drivers

Growing demand for sports apparelsSports apparel has been gaining traction in emerging market, owing to rise in the affluent population and changing lifestyle. Furthermore, following a healthy lifestyle is anticipated to increase participation in sports activities, which in turn promote the demand for comfortable sportswear. Spandex has superior stretching property that avoids restrictions on the wearer’s movements, which boosts its demand in sportswear. Various government initiatives such as National Sports Talent Contest Scheme (India) and National Youth Sports Strategy (U.S) for healthy participation of youth in sports also fuel the demand of spandex fiber for sportswear such as jackets, gloves etc.

Increasing Demand of spandex fibers for industrial applicationsSpandex fiber is of better quality, light, supple, and more adaptable compared to rubber. Surging use of spandex as an alternative for natural and synthetic rubber in industrial applications is driving the growth of the market. They do not absorb water, thus used in industrial protective clothing. Moreover, the growing demand of spandex fibers from the automotive and transportation industries for manufacturing parts such as automotive door panels, car seat covers, and vehicle wraps further drive the market growth. Additionally, various in-vehicles safety measures and rising government regulations promoting the provision of seat belts & airbags also drive the growth of the market. Moreover, growing use of spandex fiber in medical sector also aid the spandex fiber market growth as it used in compress bandages, baby diapers, surgical gloves, and drapes. For instance, in 2019, the government of Malaysia allocated a sum of US$ 7 billion to the public health sector, an increase of 7.8 per cent from 2018. In 2019, Australian Government announced a $5 billion, 10-year investment plan for the Medical Research Future Fund (MRFF) as a part of its 2019–20 budgets to support Australian health and medical research. The increasing healthcare investments in various regions of APAC also lead to increased demand of healthcare apparel, which will further increase the demand for spandex fibers in the market

Spandex Fiber Market Challenges

Volatility in Crude Oil PricesThe raw materials derived from the crude oil are often used for manufacturing spandex fibers. So, the price fluctuation of crude oil prices also hinders growth of the spandex fibers market. The geopolitical issues between the countries like the US, Iran, Iraq, Russia, and Saudi Arabia have had the major impact on the crude oil prices. According to, BP Statistical Review of World Energy, in the recent year there has been an increase in the price of crude oil, such as the crude oil price decreased from $98.95 in 2014 to $52.39 in 2015 and increased from $43.73 in 2016 to $71.31 in 2018. Furthermore, in the beginning of 2020, Oil demand drastically declined following lockdowns and travel restrictions due to the coronavirus pandemic. For instance, in April 2020, the crude oil prices traded at $3/bbl., whereas, the U.S. oil prices fell below zero and kept falling. Thus, the volatility in crude oil prices is expected to be a significant challenge for the spandex fiber manufacturers during the forecast period.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the spandex fiber market report. In 2020, the market of spandex fiber has been consolidated by the top 10 companies accounting for xx% of the share. Major players in the spandex fiber market are Hyosung Corporation, E. I. Du Pont De Nemours And Company, Investa, Teijin Ltd., Asahi Kasei Corporation, Toray Industries, Far Eastern New Century Corporation, Acelon Chemical and Fiber Corporation, Toyobo Co., Ltd. Indorama Corporation, among others.

Acquisitions/Technology Launches

In June 2019, Hyosung Corporation, has launched new high-performance creora® ActiFit spandex, at the Outdoor Retailer Summer Market in Denver, June 18-20, 2019. Creora® ActiFit spandex provides long-lasting durability, UV and chlorine resistance, and superior recovery required of cycling, swimming, triathlon and adventure racing apparels.

For more Chemicals and Materials Market reports, please click here

[marketwire]

Spandex Fiber Market Forecast to Reach $8.3 Billion by 2026

Spandex Fiber Market is forecast to reach $8.3 billion by 2026, after growing at a CAGR of 7.5% during 2021-2026. Spandex is a lightweight, synthetic fiber made up of a long chain polymer called polyurethane, which is produced by reacting a polyester with a diisocyanate. The demand for spandex fiber is increasing from various industry verticals like textile and automotive due to its extensive set of properties such as elasticity, durability, and resistance to UV light. Spandex fiber is widely used in textile industries to make stretchable clothing. Besides, surging demand from healthcare for bandages, medical housing, and diapers is also fueling the growth of the spandex fiber market share worldwide during the forecast period.

Spandex Fiber Market Segment Analysis - By Manufacturing Process

Solution dry spinning segment holds the largest share of more than 60% in the spandex fiber market in 2020. The solution dry spinning is widely preferred as a cost-efficient process and the fibers manufactured through this process offer better elastic recovery. In dry spinning fiber production, the prepolymer (produced by mixing macro glycol with a diisocyanate monomer) is reacted with an equal amount of diamine. This is known as a chain extension reaction. The resulting solution is diluted with a solvent to produce the spinning solution. The solvent help to make the solution thinner and more easily handled. At last, the spinning solution is pumped into a cylindrical spinning cell where it is cured and converted into fibers. Due to safety and environmental concerns associated with solvent handling, dry spinning technique is used only for polymers which cannot be melt spun.

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Report Price: $ 4500 (Single User License)

Spandex Fiber Market Segment Analysis - By Application

Textile segment holds the largest share of more than 40% in spandex fiber market in 2020. For clothing, spandex is usually mixed with cotton/rayon/polyester or nylon fiber depending on the fabric. Spandex are durable and recover to very near its original length and shape after stretching. Owing to these properties, spandex fibers are used in formulation of Intimate Apparel and Hosiery, which in turn augments the growth of the spandex fiber market. They are also used in home furnishing items such as slipcovers & furniture covers and carpets. According to the International Trade Center, revenue generated by the import of stockings, socks and other hosiery items grew by 2%, reaching $ 2,449.8M in 2019. Thus, increasing demand for apparel and expansion of textile industries across the globe may fuel the growth of the market.

Spandex Fiber Market Segment Analysis - By Geography

Asia Pacific has dominated the spandex fiber market with a share of more than 45% in 2020 followed by North America and Europe. Population growth coupled with rapid industrialization is driving the growth of the spandex market in APAC region. Rising demand for clothing, such as inner wear, sportswear, and active wear, on account of the higher disposable income levels and growing popularity of various sports and leisure activities, is anticipated to drive the market further. According to Indian Brand Equity Foundation (IBEF), India’s textile and apparel exports accounted for US$ 38.70 billion in 2019 and is expected to increase to US$ 82.00 billion by 2021, subsequently driving the growth of the spandex fiber market.

Spandex Fiber Market Drivers

Growing demand for sports apparels

Sports apparel has been gaining traction in emerging market, owing to rise in the affluent population and changing lifestyle. Furthermore, following a healthy lifestyle is anticipated to increase participation in sports activities, which in turn promote the demand for comfortable sportswear. Spandex has superior stretching property that avoids restrictions on the wearer’s movements, which boosts its demand in sportswear. Various government initiatives such as National Sports Talent Contest Scheme (India) and National Youth Sports Strategy (U.S) for healthy participation of youth in sports also fuel the demand of spandex fiber for sportswear such as jackets, gloves etc.

Increasing Demand of spandex fibers for industrial applications

Spandex fiber is of better quality, light, supple, and more adaptable compared to rubber. Surging use of spandex as an alternative for natural and synthetic rubber in industrial applications is driving the growth of the market. They do not absorb water, thus used in industrial protective clothing. Moreover, the growing demand of spandex fibers from the automotive and transportation industries for manufacturing parts such as automotive door panels, car seat covers, and vehicle wraps further drive the market growth. Additionally, various in-vehicles safety measures and rising government regulations promoting the provision of seat belts & airbags also drive the growth of the market. Moreover, growing use of spandex fiber in medical sector also aid the spandex fiber market growth as it used in compress bandages, baby diapers, surgical gloves, and drapes. For instance, in 2019, the government of Malaysia allocated a sum of US$ 7 billion to the public health sector, an increase of 7.8 per cent from 2018. In 2019, Australian Government announced a $5 billion, 10-year investment plan for the Medical Research Future Fund (MRFF) as a part of its 2019–20 budgets to support Australian health and medical research. The increasing healthcare investments in various regions of APAC also lead to increased demand of healthcare apparel, which will further increase the demand for spandex fibers in the market

Download Sample Report @ https://www.industryarc.com/pdfdownload.php?id=16259

Spandex Fiber Market Challenges

Volatility in Crude Oil Prices

The raw materials derived from the crude oil are often used for manufacturing spandex fibers. So, the price fluctuation of crude oil prices also hinders growth of the spandex fibers market. The geopolitical issues between the countries like the US, Iran, Iraq, Russia, and Saudi Arabia have had the major impact on the crude oil prices. According to, BP Statistical Review of World Energy, in the recent year there has been an increase in the price of crude oil, such as the crude oil price decreased from $98.95 in 2014 to $52.39 in 2015 and increased from $43.73 in 2016 to $71.31 in 2018. Furthermore, in the beginning of 2020, Oil demand drastically declined following lockdowns and travel restrictions due to the coronavirus pandemic. For instance, in April 2020, the crude oil prices traded at $3/bbl., whereas, the U.S. oil prices fell below zero and kept falling. Thus, the volatility in crude oil prices is expected to be a significant challenge for the spandex fiber manufacturers during the forecast period.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the spandex fiber market report. In 2020, the market of spandex fiber has been consolidated by the top 10 companies accounting for xx% of the share. Major players in the spandex fiber market are Hyosung Corporation, E. I. Du Pont De Nemours And Company, Investa, Teijin Ltd., Asahi Kasei Corporation, Toray Industries, Far Eastern New Century Corporation, Acelon Chemical and Fiber Corporation, Toyobo Co., Ltd. Indorama Corporation, among others.

Acquisitions/Technology Launches

In June 2019, Hyosung Corporation, has launched new high-performance creora® ActiFit spandex, at the Outdoor Retailer Summer Market in Denver, June 18-20, 2019. Creora® ActiFit spandex provides long-lasting durability, UV and chlorine resistance, and superior recovery required of cycling, swimming, triathlon and adventure racing apparels.

Key Takeaways

The U.S has shown significant growth in the spandex fiber market during the forecast period due to the huge healthcare spending and presence of automakers such as General Motors, Ford, and Fiat Chrysler further boost the demand.

Technology advancement and development of bio-based spandex fiber further propels the growth of spandex fiber industry. For instance, in 2014, INVISTA, developed LYCRA® bio-derived spandex fiber from dextrose derived from corn.

Due to the COVID-19 Pandemic the growth of healthcare industry is accelerating. Thus, demand for masks, gloves, and medical apparel is up surging, which in turn drive the growth of spandex fiber market.

Related Reports :

A. Synthetic Fabric Market

https://www.industryarc.com/Research/Synthetic-Fabric-Market-Research-501417

B. Fiber Intermediates Market

https://www.industryarc.com/Report/1300/fiber-intermediate-market-analysis.html

For more Chemicals and Materials Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Rise in Demand for Plastic Industry & Synthetic Lubricants Expected to Drive Global Trimethylolpropane Market : Ken Research

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Trimethylolpropane or TMP is also recognized as Methylene Diphenyl Diisocyanate (MDI) that belongs to chemical group, called Polyols. It is used in numerous applications including coating, textile industry, chemical industry, energy and others. It is utilized as a raw material for the polyurethane. Trimethylolpropane is also commercially acknowledged as Prepolymer B or Polyol B in the chemical industry. It plays a significant role in a variety of applications such as coatings, rigid & flexible foams, adhesives, sealants, etc.

Trimethylolpropane is a specific type of chemical compound, generally used in the production of plastic polymers. All types of plastic materials are made from the plastic polymers, from portable polyester to usable polyethylene. Some of the essential features of TMP include longer shelf life, not soluble in water, accurate pH value, high sensitivity, premium quality and others. Increase in use in the production of polyurethane-foam due to rise in use in the furniture & bedding products coupled with growth in use of TMP as an additive in the paint & coating, adhesives and other household items have contributed to the growth of global Trimethylolpropane market.

Referring to the study, Global Trimethylolpropane (TMP) Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies that are presently operating in the global Trimethylolpropane market include BASF, Baichuan Chemical Industrial, Perstorp, Jilin Petrochemical, Oxea, Mitsubishi Gas Chemical, Kosin Organics, Lanxess, Chang Chun Group, Hbyihua and among others. The global trimethylolpropane market is very competitive. The main players represent significant market shares. With the presence and expansion of these many local players, the market is highly competitive, where players are tapping the potential demand for trimethylolpropane on a global scale.

Based on types, Trimethylolpropane market can be segregated as Sodium Formate Processed Trimethylolpropanes and Aldehyde Hydrogenation Obtained. In addition, based on application, market can be segregated as pigment coating, synthetic lubricant and plastic industry.

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Increase in need for environment-friendly products, followed by rise in demand from chemical industry, increase in downstream uses and rise in demand for plastic industry & synthetic lubricants are some major factors, which are responsible for growth of the Trimethylolpropane market. Apart from this, environmental hazards associated with the usage of plastic polymers and stringent rules regarding use of plastic may impact the market. Moreover, increase in use of TMP in coating applications is a leading opportunity for global market.

Based on regional analysis, the Asia-Pacific is a leading region in global Trimethylolpropane market owing to growth in population, rapid industrializations and presence of robust industrial estate that needs raw materials across the region. The North-America and Europe regions are estimated to witness higher growth rate due to growth in textile and energy market over the forecast period. It is projected that future of the global Trimethylolpropane market will be bright as a result of growth in technological advancement coupled with rise in demand from end-user industries during the forecast period.

For More Information, refer to below link:-

Global Trimethylolpropane Market Research Report

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Global and Regional MDI Prepolymers Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027

The global MDI Prepolymers market was valued at 1828.36 Million USD in 2020 and will grow with a CAGR of 3.52% from 2020 to 2027, based on Our Researcher newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

MDI prepolymer is a high molecular polymer formed by the reaction of polyisocyanate and polyether or polyester polyol under certain conditions. The prepolymer of polyurethane is simply a reactive semi-finished product obtained by controlling the reaction of polyisocyanate and polyol in a certain proportion. Due to the variety of polyisocyanates and polyols, the reaction ratios are different.MDI has a high degree of market concentration. The main manufacturers are Wanhua, BASF, Huntsman, Covestro, DOW, etc. Among them, Huntsman is the largest one with the percentage of 19.70% market share in 2019. The following is Wanhua Chemical, accounting for 13.69% market share in 2019.

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By Market Verdors:

Wanhua Chemical

Huntsman

BASF

Covestro

DOW

Tosoh

LANXESS

Coim Group

Isothane

SAPICI

Diafor Company

Epadur

Shandong INOV Polyurethane

Chemline

Makro Chemical

Kobe Polyurethane

By Types:

MDI ( Polyether)

MDI ( Polyester)

By Applications:

Upholstered Furniture

Automotive Products

Engineering Elastomers

Sole Materials

Runway Adhesive

Construction

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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Table of content

Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.4.1 North America Market States and Outlook (2022-2027) 1.4.2 East Asia Market States and Outlook (2022-2027) 1.4.3 Europe Market States and Outlook (2022-2027) 1.4.4 South Asia Market States and Outlook (2022-2027) 1.4.5 Southeast Asia Market States and Outlook (2022-2027) 1.4.6 Middle East Market States and Outlook (2022-2027) 1.4.7 Africa Market States and Outlook (2022-2027) 1.4.8 Oceania Market States and Outlook (2022-2027) 1.4.9 South America Market States and Outlook (2022-2027) 1.5 Global MDI Prepolymers Market Size Analysis from 2022 to 2027 1.5.1 Global MDI Prepolymers Market Size Analysis from 2022 to 2027 by Consumption Volume 1.5.2 Global MDI Prepolymers Market Size Analysis from 2022 to 2027 by Value 1.5.3 Global MDI Prepolymers Price Trends Analysis from 2022 to 2027 1.6 COVID-19 Outbreak: MDI Prepolymers Industry Impact Chapter 2 Global MDI Prepolymers Competition by Types, Applications, and Top Regions and Countries 2.1 Global MDI Prepolymers (Volume and Value) by Type 2.1.1 Global MDI Prepolymers Consumption and Market Share by Type (2016-2021) 2.1.2 Global MDI Prepolymers Revenue and Market Share by Type (2016-2021) 2.2 Global MDI Prepolymers (Volume and Value) by Application 2.2.1 Global MDI Prepolymers Consumption and Market Share by Application (2016

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[researchindustry]

Moisture Curing Adhesives Market is Booming Market to Grow at Healthy CAGR forecast by 2027

Moisture curing adhesives market is expected to reach USD 9.46 billion by 2027 growing at a CAGR of 7.90% in the forecast period of 2020 to 2027. Moisture curing adhesives are viscous adhesives made up of non-volatile prepolymers of urethane that need moisture to cause a healing reaction. Depending on their structure, moisture cure adhesives vary from rigid to flexible.

Single part moisture-curing polyurethane hot melts have been produced in the recent past, incorporating the initial power of hot melts with increased moisture-curing adhesive thermal tolerance. Moisture curing adhesives vary from stiff and strong to elastic and weak based on the product and composition.

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Major Market Competitors/Players: Moisture Curing Adhesives Market

The major players covered in the moisture curing adhesives market report are 3M, Huntsman International LLC, Henkel AG & Co. KGaA, H.B. Fuller Company, Sika AG, Royal Adhesives & Sealants, Dow, Illinois Tool Works Inc., Bostik, Jowat SE, Permabond LLC, Apollo, Pidilite Industries Ltd, Master Bond Inc., Dymax Corporation, Panacol-Elosol GmbH, Tosoh Corporation, Franklin International, Daubert Chemical Company and MAPEI S.p.A among other domestic and global players.

Segmentation: Global Moisture Curing Adhesives Market

·         By Type (Polyurethane, Silicone, Cyanoacrylate, Polyolefin, Others)

·         By Application (Construction, Automotive, Wood Working, Textile, Others)

·         By Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia)

Focus of the report

CAGR values in the market for the     forecast period

Key trends in the market place

Major players and brands

Historical and current market size and     projection up to 2026.

Detailed overview of parent market

Changing market dynamics of the industry

Reasons to Purchase this Report

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

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·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

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Moisture Curing Adhesives Market 2020: Global Industry Exhibits Huge Growth by Top Key Players

Moisture curing adhesives market is expected to reach USD 9.46 billion by 2027 growing at a CAGR of 7.90% in the forecast period of 2020 to 2027. Moisture curing adhesives are viscous adhesives made up of non-volatile prepolymers of urethane that need moisture to cause a healing reaction. Depending on their structure, moisture cure adhesives vary from rigid to flexible.

Major Market Competitors/Players: Moisture Curing Adhesives Market

The major players covered in the moisture curing adhesives market report are 3M, Huntsman International LLC, Henkel AG & Co. KGaA, H.B. Fuller Company, Sika AG, Royal Adhesives & Sealants, Dow, Illinois Tool Works Inc., Bostik, Jowat SE, Permabond LLC, Apollo, Pidilite Industries Ltd, Master Bond Inc., Dymax Corporation, Panacol-Elosol GmbH, Tosoh Corporation, Franklin International, Daubert Chemical Company and MAPEI S.p.A among other domestic and global players.

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Single part moisture-curing polyurethane hot melts have been produced in the recent past, incorporating the initial power of hot melts with increased moisture-curing adhesive thermal tolerance. Moisture curing adhesives vary from stiff and strong to elastic and weak based on the product and composition.

Segmentation: Global Moisture Curing Adhesives Market

·         By Type (Polyurethane, Silicone, Cyanoacrylate, Polyolefin, Others)

·         By Application (Construction, Automotive, Wood Working, Textile, Others)

·         By Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia)

Focus of the report

CAGR values in the market for the     forecast period

Key trends in the market place

Major players and brands

Historical and current market size and     projection up to 2026.

Detailed overview of parent market

Changing market dynamics of the industry

Reasons to Purchase this Report

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

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·         Complete and distinct analysis of the market drivers and restraints

·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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[shruticmi-universe]

EPOXY RESINS PAINTS MARKET ANALYSIS

Epoxy Resins Paints Market - Size, Share, Trends, and Forecast 2019 – 2027

Epoxy resins fall under the category of reactive prepolymers and polymers containing epoxide group. These versatile compounds are used in orthophthalic and polyester family. These are either low molecular weight pre-polymers or high molecular weight polymers. Epoxy resins react with themselves or with other co-reactants such as phenols, acids, alcohols, polyfunctional amines, and thiols. These find applications in paints and coatings, electrical and electronic components, and structural adhesives manufacturing industries.

Market Dynamics

There is increasing demand for epoxy resins in paint and coatings industry, as epoxy-based paints and coatings help in preventing corrosion and rust. This is one of the major factors driving growth of the epoxy resins paints market. According to the CXOs, there is significant growth in demand for epoxy resin in all the regions, owing to its favorable properties and demand in wide area of applications. Also, growth of construction industry due to increase in population and changing lifestyle is expected to drive growth of paints and coating industry, which in turn will increase the demand for epoxy resins in paints.

Moreover, it finds application in aircraft industry, owing to its properties such as corrosion, water, and chemical resistant, superior adhesion, thermal stability, durability, and mechanical strength, which is expected to drive growth of the global epoxy resins paints market over the forecast period.

However, factors such as fluctuating raw material cost and high price of epoxy is expected to restrain growth of the epoxy resins paints market.

Market Outlook

On the basis of region, the global epoxy resins paints market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific holds dominant position in the global epoxy resins paints market, owing to increasing adoption of epoxy resins in several industries in the region. Growing infrastructure and increasing production of automobiles makes it the leading producer and consumer of epoxy. Also, China held dominant position in the Asia Pacific epoxy resins paints market in terms of production and consumption in 2015.

Europe is one among the major consumers of epoxy resins due to increasing demand from various end-use industries. Moreover, in North America, there is gradual increase in the demand for epoxy resins.

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 Key Players

Some of the major players operating in the global epoxy resins paints market include Momentive Performance Materials, Kukdo Chemical, Huntsman Corporation, The Dow Chemical Company, Atul Ltd, Sika AG, Cytec Industries Incorporation, DuPont, 3M, BASF SE, Aditya Birla Chemicals Ltd, NAMA Chemicals, LEUNA-Harze GmbH, and Spolchemie A.S.

Key Developments

Key companies are undertaking various strategic alliances and new product launch in order to remain competitive in the epoxy resins market. For instance, in February 2015, Aditya Birla Chemicals (India), Limited, a leading company in epoxy resins, collaborated with Grasim Industries Limited.

In 2016, BASF expanded its portfolio of UV resins by including five new standard epoxy acrylates to the Laromer EA product line.

In September 2016, Royal DSM established its expanded US$ 5 million research and technology center for DSM Engineering Plastics in the Detroit suburb of Troy, Michigan.

In March 2016, Royal DSM N.V., a leading a life sciences and materials sciences company, launched NeoRez, waterborne and solvent-borne urethane resins that give tough finishing for wooden floors or luxury feel and color enhancement for printed packaging and SoluCote, formulated waterborne polyurethane resins for functional textiles.

In August 2018, BASF and Gustav Grolman GmbH & Co. KG strengthened their exclusive collaboration in Europe, under which Grolman will expand the marketing of the BASF specialty chemicals under the Baxxodur brand to France, Norway, Sweden, Finland and Denmark, specifically for use in epoxy resin based applications.

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[pearlsmith25]

The Global Polyurethane Prepolymer Market: A Regional Analysis of Market Forces

Polyurethane prepolymer is a versatile polymer that exhibits characteristics like strength, toughness, durability and flexibility, making it widely applicable in various end-use industries. Polyurethane prepolymer enhances structural integrity and insulation properties in applications such as rigid & flexible foams, thermoplastic elastomers, coatings, adhesives & sealants among others. Rapid industrialization and increasing infrastructure development has driven the global demand for high-performance insulating materials in construction, automotive, packaging and other industrial applications.

The global Polyurethane Prepolymer Market is estimated to be valued at US$ 60 billion in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity: Rising Demand for Energy Efficient Buildings

With growing environmental concerns and government regulations promoting energy conservation, demand for green buildings with superior insulation properties has increased significantly. Polyurethane foam products play a vital role in manufacturing highly efficient insulated panels for walls, roofs and other building components. As the construction industry shifts focus towards sustainable design and construction, polyurethane prepolymer market is expected to witness lucrative opportunities owing to its excellent thermal insulation and moisture resistance qualities. Implementation of strict energy efficiency codes in developed economies will further propel the sales of polyurethane foam insulation in residential as well as commercial construction projects over the forecast period.

Porter’s Analysis Threat of new entrants: High capital requirements for manufacturing facilities and distribution channels limit new entrants into the market. Bargaining power of buyers: Large buyers such as automotive and construction industries have significant bargaining power due to the scale of their purchase volumes. Bargaining power of suppliers: Major suppliers have bargaining power due to their specialized raw materials and production know-how. Threat of new substitutes: Few substitute products can match the versatility and technical performance of polyurethane prepolymers. Competitive rivalry: The market is consolidated with top players globally and regionally. Intense competition keeps prices competitive.

SWOT Analysis Strength: Polyurethane prepolymers exhibit high strength, abrasion and impact resistance along with flexibility and durability. They find wide applications from construction to automotive industries. Weakness: Regulatory changes regarding VOC emissions can increase production costs. Dependency on crude oil prices impacts prepolymer costs. Opportunity: Growing construction activity in developing nations drives the market. Usage in new applications like footwear and medical devices present new avenues. Threats: Stringent environmental norms around toxic isocyanates may limit market growth. Economic slowdowns reduce demand from end-use industries.

Key Takeaways The global polyurethane prepolymer market is expected to witness high growth over the forecast period supported by increasing construction spending and automotive production globally.

Regional analysis: Asia Pacific dominates the market currently owing to large volumes demanded by the building & construction and automotive industries in China, India. The region is projected to continue exhibiting highest growth through 2030 with rising infrastructure spending and automobile manufacturing.

Key players: Key players operating in the polyurethane prepolymer market are Dow Chemical, Huntsman, BASF, DIC Corporation, Hexcel, Covestro, Eastman Chemical, RTP Company, Lubrizol Corporation, Rampf Group. Rising applications in footwear, medical devices, adhesives present lucrative opportunities for expansion.

[factmrresearch1]

REACTIVE SPECIALTY ADHESIVES MARKET

The global reactive specialty adhesives market size is expected to witness considerable growth in the next few years, and witness significant CAGR over the forecast period (2019 - 2027).

Market Overview

Reactive specialty adhesives, which are adhesives used for commercial purposes, are classified into four sub types, namely water borne, solvent borne, radiation adhesives, and others. Some of the raw materials, on the basis of which reactive specialty adhesives are produced, are melamine formaldehyde, styrene butadiene rubber, and polyvinyl alcohol among others. Reactive specialty adhesives have primary application in the automotive industry for glazing, roof lining, sheet molding, and seat units bonding.

Market Dynamics

Reactive specialty adhesives are majorly used for fastening a variety of materials in the automotive industry, such as steel and aluminum. The most frequently used reactive adhesives are polyurethanes and modified acrylics in assembling vehicles. Among other applications, reactive specialty adhesives can be used for adhesion of gear knobs, insignias, and anchor plates. Compared to conventional bonding techniques, adhesion leads to significant weight reduction of a vehicle, enhances safety and crash performance, escalates body stiffness, and strengthens noise, vibration, and harshness (NVH) characteristics of a vehicle. As a result of these advantages, manufacturers are investing in research and development activities in order to introduce more cost effective and performance improving innovations. Such factors are expected to drive growth of the global reactive specialty market in the near future.

Additionally, as a result of a wide application in the winds turbines industries, the global reactive specialty segment is expected to witness significant growth over the forecast period. Key benefits of specialty adhesives in the manufacture of wind turbines is corrosion protection, reduced assembling time, and decreased weight. However, prolonged exposure to heat and sunlight may deteriorate the adhesive, or solvents can weaken it and result into separation of two surfaces. Such factors can hamper demand for specialty adhesives in the coming years.

Market Outlook

The Asia Pacific region is leading the demand for reactive specialty adhesives, and is expected to remain dominant during the forecast period. Countries such as China and India are generating the highest market share owing to a large consumer base and high number of export activities. Increasing gross domestic product and disposable income in emerging economies has resulted in growth of end user industries in the Asia Pacific region. Europe is estimated to emerge as the second largest market for reactive specialty adhesives, however the trend may be overshadowed by increasing demand from markets in the Middle East and Asia Pacific. Furthermore, regulations implemented by environmental agencies in Europe and North America are likely to hinder market growth in these regions. Key players are focusing on expanding their footprint to untapped markets, which is expected to result in higher growth opportunities in regions such as Africa and South America.

Key Players

Some of the prominent companies active in the global reactive specialty market include Henkel AG & Company, Bayer MaterialScience, The Dow Chemical Company, and 3M among others.

Key Developments

·         In September 2019, Lanxess developed a low free (LF) isocyanate urethane system for sealants, adhesives and one-component foams. The new system will enhance the manufacturing of reactive adhesives with isocyanate prepolymer technology. New innovations in the reactive adhesives will enhance the performance as well as sales of specialty reactive adhesives.

·         In June 2019, Henkel AG – a global leader in adhesives formulations, opened a new adhesives facility, especially for the aerospace application in Montornès del Vallès, Spain. The total investment of the project is around US$ 39 million and will cater to key development areas of aerospace engineering such as automation, light weighting and fuel efficiency.

·         In September 2019, Bostik (subsidiary of Arkema) and Nitta Corporation formed a Joint venture and inaugurated a new adhesives plant in Nara, Japan. The new adhesives plant will provide adhesive solutions for non-woven, hygiene and industrial applications.

·         In November 2019, Henkel AG, officially started the construction of a new plant in South Korea, catering to the electronics manufacturing sector. The plant will provide adhesives, sealants and thermal technologies for the electronics industry in South Korea.

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[pagrawal11]

Methylene Diphenyl Diisocyanate (MDI) Market Trend, Form, Application, Trade Analysis, Key Players and Segmentation

Market Synopsis: Methylene diphenyl diisocyanate is mainly used in the production of polyurethane foam. Increasing demand for polyurethane foam in industries including construction, HVAC, automotive, and electrical & electronics is expected to drive the growth of the global methylene diphenyl diisocyanate market. The construction industry is the major revenue-generating segment for the global methylene diphenyl diisocyanate market.

The prices of polymeric MDI declined in 2018 due to oversupply while that of pure MDI increased due to the growth in the demand for pure MDI worldwide. The total quantity of MDI exported in its primary form increased by around 1.9% and that of MDI imports increased by around 23%. The use of MDI is subject to various environmental regulations such as the US Environmental Protection Agency (EPA), and the European Chemical Agency (ECHA).

Global Methylene Diphenyl Diisocyanate Market Trend is expected to grow at over 5% CAGR by the end of 2025.

 By Form: The methylene diphenyl diisocyanate market can primarily be categorized into pure MDI, polymeric MDI, and modified MDI.

Pure     MDI—Pure MDI is a blend of 4,4 and 2,4 isomers of MDI of which 4,4 MDI     accounts for 98%. Pure MDI is used in the production of prepolymers for     cast polyurethane applications such as wheels & rollers and mechanical     goods; TPU elastomers; and spandex fibers.

Polymeric     MDI—Polymeric MDI (PMDI) is a mixture of monomeric and polyaromatic     methylene diphenyl diisocyanate. Polymeric MDI is also known as crude MDI.     It is commonly used in the manufacturing rigid and flexible polyurethane     foam for various applications including construction panels, spray heat     insulation, refrigerators, and car interiors. PMDI is also used as a     binder in the woodworking industry.

Modified     MDI—Modified MDI is obtained by catalyzing from monomeric MDI. Modified     MDI includes prepolymers and blends derived from DMI. Modified MDI can be     combined with long-chain polyethers, polyesters, or other polyols to     produce products and materials including adhesives, sealants, and     thermoplastic polymers for extrusion and injection molding applications.

By Application: The methylene diphenyl diisocyanate market has been segmented into rigid foam; flexible foam; coatings, adhesives, sealants, & elastomers; and others.

Rigid     Foam—Rigid foam segment accounted for the largest share of the global     methylene diphenyl diisocyanate market in 2018 and is expected to register     significant growth during the review period on account of widespread use     in the construction industry. Rigid foam being an effective insulation     material finds use in numerous applications such as roof, wall, windows,     doors, and air barrier sealants.

Flexible     Foam—Flexible foam is used to make cushions for a broad range of products     including bedding, furniture, automotive interiors, carpet underlay, and     packaging owing to its superior features such as lightweight, durability,     and comfortability.

Coatings,     Adhesives, Sealants, and Elastomers, CASE—Polyurethane coatings are being     widely preferred in end-use industries as they enhance the product     appearance and provide improved durability. Polyurethane adhesives are known     for their strong bonding properties, while sealants for providing tighter     seals. Polyurethane elastomers provide superior stress recovery and     resistance to environmental factors.

Others—The     others segment includes footwear; semi-rigid and polyisocyanurate &     thermoset foams.

By End-Use Industry: The global methylene diphenyl diisocyanate market has been segmented into building & construction, automotive, electrical & electronics, packaging, furnishing & interiors, and footwear.

Building     & Construction—The segment accounted for the largest share of the     global methylene diphenyl diisocyanate market in 2018 and is expected to     grow at a significant CAGR during the review period. The growth can be     attributed to rising demand for energy-efficient construction materials     coupled with increased spending on the renovation of buildings to build     modern architecture. Polyurethane foam is used extensively in the building     and construction industry to insulate roof underlays, exterior walls,     floorings, interior wall cavities, attics, crawlspaces, door frames, and     window frames, among others

Automotive—Polyurethane     finds use in various automobile interiors such as seats, armrests, and     headrests for their both cushioning and insulation purpose. The growing     demand for energy-efficient vehicles to reduce environmental emissions is     likely to result in increased automotive production and thus, surge the     demand for polyurethanes and MDI.

Electrical     & Electronics—Polyurethanes are used in the electronics industry for     encapsulation, sealing, insulation of underwater cables, microelectronic     components, and printed circuit boards. The increased spending on consumer     electronics is expected to drive the growth of the electrical &     electronics industry and thus, the polyurethanes market.

Packaging—Polyurathane     is being widely preferred in the packaging of various products such as     electronics, medical diagnostic equipment, delicate glassware, and large     industrial parts to protect the products against damage in transit as it     provides the form-fitting cushioning properties and is cost-effective.

Furnishing     and Interiors—The widespread use of polyurethane foam in furnishing     applications due to its superior properties such as softness, durability,     and its ability to maintain the shape is driving the growth of     polyurethane market and thus, MDI.

Footwear—Increased     spending on sports shoes with growing enthusiasm for running and other     sports activities to remain physically fit coupled with increasing health     consciousness and changing lifestyles have resulted in increased demand     for polyurethane foam and thus, MDI.

 Key Players

Tosoh     Corporation (Millionate), (Japan)

Hexion (US)

Huntsman     International LLC (Rubinate), (US)

BASF SE     (Germany)

Redox Pty     Ltd (Australia)

Wanhua     Chemical Group Co., Ltd (China)

TCI     Chemicals Pvt. Ltd (India)

Merck     KGaA (Germany)

KUMHO MITSUI     CHEMICALS CORP (South Korea)

DHALOP     CHEMICALS (India)

Dow     (Isonate) (US)

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[amshrihari]

POLYURETHANE PREPOLYMER MARKET ANALYSIS

Polyurethane Prepolymer Market Report, by Product Type (MDI-Based, TDI-Based, and Others), by Application (Coatings, Adhesives & Binders, Sealants, and Elastomers), and by Region (North America, South America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis 2019 – 2027

Polyurethane prepolymers are formed by reacting polyol components and diisocyanate, which are common to polyurethane adhesives. The most commonly isocyanate used is toluene diisocyanate (TDI) or diphenylmethane diisocyanate (MDI). The other isolates used are aliphatic and unconventional isocyanates.

Polyurethane prepolymer find its applications in coatings, adhesives & binders, sealants, elastomers, and other applications. Adhesives & Binders segment is expected to gain major traction, which in turn is expected to favor growth of the global polyurethane prepolymer market in the near future.

Market Dynamics

Among product type, MDI-based segment held largest revenue share of 65.6% in global polyurethane prepolymer market in 2018. The segment growth is driven by the extensive use of MDI in manufacturing of polyurethane prepolymer, owing to its high tensile strength and excellent tear strength properties.

Among regions, in 2018, Asia Pacific held dominant position in the global polyurethane prepolymer market and contributed revenue share of 48.1% in the global market. Factors such as growth of construction industry supported by the rising investments in the industry in emerging economies such as China and India is anticipated to drive the demand for polyurethane prepolymer in the near future. According to the India Union Budget presented during 2018-19, the government of India invested US$ 92.22 Billion for infrastructure development in the country.

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Key features of the study:

This report provides in-depth analysis of global polyurethane prepolymer market and provides market size (US$ Mn & KT) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players

It profiles key players in the global polyurethane prepolymer market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Key companies covered as a part of this study include, Covestro AG, DowDupont Inc., Huntsman Corporation, LANXESS AG, Isothane Ltd., Mitsui Chemicals Inc., Tosoh Corporation, and SAPICI S.p.A.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics

The global polyurethane prepolymer market report caters to various stakeholders in this industry including investors, suppliers, polyurethane prepolymer manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyurethane prepolymer market

Detailed Segmentation:

Global Polyurethane Prepolymer Market, By Product Type:

Global Polyurethane Prepolymer Market, By Application:

Global Polyurethane Prepolymer Market, By Region:

Company Profiles

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

North America

South America

Europe

Asia Pacific

Middle East & Africa

U.S.

Canada

Mexico

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

Brazil

Argentina

Rest of South America

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

Eastern Europe

Western Europe

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

China

India

Japan

South Korea

ASEAN

Rest of Asia Pacific

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

Middle East

Africa

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

By Product Type:

By Application:

MDI-based

TDI-based

Others

Coatings

Adhesives & Binders

Sealants

Elastomers

Covestro AG*

DowDupont Inc.

Huntsman Corporation

LANXESS AG

Isothane Ltd.

Mitsui Chemicals Inc.

Tosoh Corporation

SAPICI S.p.A.

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Global Methylene Diphenyl Diisocyanate (MDI) Industry: Share, COVID-19 Overview, Application

Methylene Diphenyl Diisocyanate (MDI) Market Synopsis

Methylene diphenyl diisocyanate is mainly used in the production of polyurethane foam. Increasing demand for polyurethane foam in industries including construction, HVAC, automotive, and electrical & electronics is expected to drive the growth of the global methylene diphenyl diisocyanate market. The construction industry is the major revenue-generating segment for the global methylene diphenyl diisocyanate market. The global COVID-19 analysis on methylene diphenyl diisocyanate market size is expected to grow at over 5% CAGR by the end of 2025.

Methylene Diphenyl Diisocyanate (MDI) Market Regulatory, Pricing, and Trade Analysis

The prices of polymeric MDI declined in 2018 due to oversupply while that of pure MDI increased due to the growth in the demand for pure MDI worldwide. The total quantity of MDI exported in its primary form increased by around 1.9% and that of MDI imports increased by around 23%. The use of MDI is subject to various environmental regulations such as the US Environmental Protection Agency (EPA), and the European Chemical Agency (ECHA).

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Methylene Diphenyl Diisocyanate (MDI) Market Segmentation

By Form: The global methylene diphenyl diisocyanate industry can primarily be categorized into pure MDI, polymeric MDI, and modified MDI.

1.    Pure MDI—Pure MDI is a blend of 4,4 and 2,4 isomers of MDI of which 4,4 MDI accounts for 98%. Pure MDI is used in the production of prepolymers for cast polyurethane applications such as wheels & rollers and mechanical goods; TPU elastomers; and spandex fibers.

 1.    Polymeric MDI—Polymeric MDI (PMDI) is a mixture of monomeric and polyaromatic methylene diphenyl diisocyanate. Polymeric MDI is also known as crude MDI. It is commonly used in the manufacturing rigid and flexible polyurethane foam for various applications including construction panels, spray heat insulation, refrigerators, and car interiors. PMDI is also used as a binder in the woodworking industry.

 By Application: The methylene diphenyl diisocyanate market share has been segmented into rigid foam; flexible foam; coatings, adhesives, sealants, & elastomers; and others.

By End-Use Industry: The global methylene diphenyl diisocyanate market has been segmented into building & construction, automotive, electrical & electronics, packaging, furnishing & interiors, and footwear.

1.    Building & Construction—The segment accounted for the largest share of the global methylene diphenyl diisocyanate market in 2018 and is expected to grow at a significant CAGR during the review period. The growth can be attributed to rising demand for energy-efficient construction materials coupled with increased spending on the renovation of buildings to build modern architecture. Polyurethane foam is used extensively in the building and construction industry to insulate roof underlays, exterior walls, floorings, interior wall cavities, attics, crawlspaces, door frames, and window frames, among others

 1.    Automotive—Polyurethane finds use in various automobile interiors such as seats, armrests, and headrests for their both cushioning and insulation purpose. The growing demand for energy-efficient vehicles to reduce environmental emissions is likely to result in increased automotive production and thus, surge the demand for polyurethanes and MDI.

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