Polyurethane Additives MarketbyType (Catalysts, Surfactants, Filler, Flame Retardants, and Others), Application Type (Foams, Adhesives & Sealants, Coatings, Elastomers, and Others), End-Use Industry Type (Automotive & Transportation, Building & Construction, Bedding & Furniture, Electronics, and Others), and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, South Korea, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
Polyurethane Additives Market by Type (Catalysts, Surfactants, Filler, Flame Retardants, and Others), Application Type (Foams, Adhesives & Sealants, Coatings, Elastomers, and Others), End-Use Industry Type (Automotive & Transportation, Building & Construction, Bedding & Furniture, Electronics, and Others), and Region...
"The global polyurethane additives market is likely to rebound at a promising CAGR of 3.7% in the long run from 2023-2028."
Polyurethane polymers are enhanced and given an overall performance boost by the addition of chemical substances referred to as polyurethane additives. It improves features like those that affect processing speed and the polymer's stability, and it raises polymer characteristics like improved insulation and other characteristics. They are occasionally utilized to enhance the properties of binders, sealants, elastomers, varnishes, and adhesives. High-performance items that are robust but lightweight, function well, and are durable and versatile are made with polyurethane additives.
Consumption of additives is projected to increase in the near future due to the building industry's increasing need for polyurethane. One of the most prevalent uses is the creation of insulated panels, gap fillers, and wall and roof insulation using rigid polyurethane foam. Certain firm PU foams can be used to fill in cracks and cover odd forms. These foams, which boost market growth, include spray, pour-in-place, and one-component foams.
Segments' Analysis
By Type
"Flame Retardantssegment accounted for the largest market share."
The polyurethane additives market is segmented into catalysts, surfactants, filler, flame retardants, and others. Flame Retardants is expected to remain the largest in the market during the forecast period. Among the flame retardants of concern (TDCPP) are substances made of organohalogens and organophosphates, such as polybrominated diphenyl ethers (PBDEs) and chlorinated trisiloxanes (CTXs).
There are various kinds of flame retardants, including some that are inorganic and some that are chlorinated, brominated, and phosphorous based. These are employed to create premium polyurethanes used in a variety of industries, including construction, automotive, and electronics. The market for polyurethane additives is therefore anticipated to grow during the forecast period as a result of the increased use of flame retardants in the production of polyurethanes.
End-use Industry Trends
The polyurethane additives market is segmented into automotive & transportation, building & construction, bedding & furniture, electronics, and others. In the creation of foams, coatings, and elastomers—which are increasingly used in the transportation sector—polyurethane additives like catalysts, surfactants, fillers, and flame retardants are used. The exterior of the vehicle is coated with polyurethane to give it a high sheen, durability, scratch resistance, and corrosion resistance. Additionally, it is utilized to strengthen materials, glaze windows, and windshields, and offer fog resistance.
In addition to enhancing emulsification and nucleation, preventing coalescence, stabilizing cell membranes, and increasing ingredient compatibility, lowering surface tension, polyurethane additives also inhibit coalescence. As a result of these factors, it is projected that throughout the projection period, demand for polyurethane additives will increase along with the booming transportation sector.
Regional Trends
"Asia-Pacific accounted for the largest market share."
Asia-Pacific is expected to remain the largest market for polyurethane additives during the forecast period. The growing demand for polyurethane foams, coatings, elastomers, and adhesives from a variety of end-use industries, including building and construction, transportation, electronics, and packaging, is a major driver of the market for polyurethane additives in the area.
The rising manufacturing of automobiles in developing nations like India, Japan, and China is a major factor driving the demand for polyurethane additives. The market is expanding due to the expanding usage of flexible foams in interior systems for cars, planes, and trains. China continues to be the world's largest car market by both annual sales and manufacturing output, according to the International Trade Administration, with local production anticipated.
One of the biggest economies in the world, China, sees the construction industry outpace nearly all others in terms of growth. The revenue of Chinese construction companies reached CNY 8,013.8 billion in 2021, an increase of 2.1% from the previous year. Profits made by construction businesses eligible for general and specialized contracts was CNY 855.4 billion, up 1.3% from the previous year, of which CNY 362.0 billion, up 8.0%, was made by state-holding businesses.
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the polyurethane additives market:
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What deliverables will you get in this report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Polyurethane Additives Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
The polyurethane additives market is segmented into the following categories:
By Type
Catalysts
Surfactants
Fillers
Flame Retardants
Others
By ApplicationType
Foams
Adhesives & Sealants
Coatings
Elastomers
Others
By End-Use Industry Type
Automotive & Transportation
Building & Construction
Bedding & Furniture
Electronics
Others
By Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s polyurethane additives market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
LOADING
LOADING
×
Please enter your contact details. It will allow our analysts to reach out to you.
Polyurethane polymers are enhanced and given an overall performance boost by the addition of chemical substances referred to as polyurethane additives. It improves features like those that affect processing speed and the polymer's stability, and it raises polymer characteristics like improved insulation and other characteristics. They are occasionally utilized to enhance the properties of binders, sealants, elastomers, varnishes, and adhesives. High-performance items that are robust but lightweight, function well, and are durable and versatile are made with polyurethane additives.
Consumption of additives is projected to increase in the near future due to the building industry's increasing need for polyurethane. One of the most prevalent uses is the creation of insulated panels, gap fillers, and wall and roof insulation using rigid polyurethane foam. Certain firm PU foams can be used to fill in cracks and cover odd forms. These foams, which boost market growth, include spray, pour-in-place, and one-component foams.
The polyurethane additives market is estimated to grow at a CAGR of 3.7% by 2028, driven by Consumption of additives is projected to increase in the near future due to the building industry's increasing need for polyurethane.
Asia Pacific is estimated to remain dominant in the polyurethane additives market in foreseeable future. Owing to the presence of key market players in the region.
North America is estimated to remain the fastest-growing market for polyurethane additives in the foreseeable future. Owing to the increasing demand in the automotive and industrial industries.