Closed Cell Polyurethane Foam Market - Forecast(2021 - 2026)
- APAC dominates the Closed Cell Polyurethane Foam Market owing to an increase in automobiles such as in light commercial vehicles, heavy commercial vehicles and two-wheeled vehicles.
- Closed Cell Polyurethane Foam uses the suspended bubbles in a polyurethane matrix as the open form but the bubbles are filled with a blowing agent. The blowing agent provides a more effective thermal barrier than air, which drives the market growth due to its advantages.
- Increasing use of Closed Cell Polyurethane Foam in electric vehicles where metal has traditionally been used in the design is now used as a durable, lightweight alternative in exterior cladding, roofs and hoods.
- Due to the lockdowns to tackle the Covid-19 outbreak, the automotive industry expects a loss of about 750,000 units in production and $2 billion in revenue in 2020-2021.
- Increasing use in electronics
- Increasing use of polyurethane foam in Marine Applications
- Hazards of Polyurethane Foam
- In September 2019, Demilec, Inc., a subsidiary of Huntsman Corporation and one of the leading manufacturers of open- and closed-cell polyurethane spray foam (SPF) insulation and coatings in North America, today announced the launch of several spray foam insulation products for the Middle East market and the opening of its Spray Foam Technical Application and Training Center in Dubai.
- In October 2015, Huntsman Corporation launched a new TEROL 649 aromatic polyester polyol. This product has enhanced solubility, improved fire performance, compatibility with new blowing agents, and flame-retardant features. It is used to develop rigid foam systems and spray polyurethane foam. This development strategy enabled the company to enhance its portfolio of polyurethane foam products.
List of Tables
1 US Closed Cell Polyurethane Foam Market Size 2018
2 Canada Closed Cell Polyurethane Foam Market Share 2018
3 Brazil Closed Cell Polyurethane Foam Market Outlook 2019 - 2023
4 Mexico Closed Cell Polyurethane Foam Market Research 2018
5 Germany Closed Cell Polyurethane Foam Market Trends 2019 - 2023
6 France Closed Cell Polyurethane Foam Market Growth 2019 - 2023
7 UK Closed Cell Polyurethane Foam Market Demand 2019 - 2023
8 Italy Closed Cell Polyurethane Foam Market Segmentation 2018
9 Russia Closed Cell Polyurethane Foam Market Analysis 2019 - 2023
10 China Closed Cell Polyurethane Foam Market Revenue 2019 - 2023
11 Japan Closed Cell Polyurethane Foam Market Volume 2019 - 2023
12 South Korea Closed Cell Polyurethane Foam Market Potential 2019 - 2023
13 India Closed Cell Polyurethane Foam Market Leaders 2018
14 Saudi Arabia Closed Cell Polyurethane Foam Market Forecast 2019 - 2023
15 Kuwait Closed Cell Polyurethane Foam Market Value 2018
List of Figures
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