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07-15-2013

Ceresana: Analysis of the Polyurethanes and Isocyanates Market

Ceresana, Konstanz, Germany, provides an analysis of the polyurethanes and isocyanates market.

Polyurethane (PUR) is a versatile, durable plastic. As forecasts published in the latest of Ceresana’s studies show, global demand for PUR will continue to rise during the next couple of years. Important reasons are far-reaching global trends such as increasing mobility, climate change, demographic changes, scarcities of resources, urbanization, and a growing middle class in emerging countries. PUR prices are comparatively low and the material is highly popular, given its propitious properties such as longevity, versatility, and dimensional stability.

All around the globe, energy efficiency is becoming more and more important in buildings, vehicles, and electric devices, which will lead to an increasing use of PUR as insulating material. The international market research institute forecasts global demand for PUR to rise by, on average, 4.5% per year.

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