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Solvents Market

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<strong>Solvents</strong> <strong>Market</strong><br />

usage of flexible foam in furniture & interiors, cushioning, and automotive seat applications are<br />

expected to enlarge growth over the next years. However, rigid foam is expected to exhibit<br />

rapid growth owing to demand from insulation application.<br />

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Key application markets for polyurethane include furniture, building & construction, electronics,<br />

automotive, footwear, packaging and other applications. Bedding & furniture application<br />

segment is likely to be the fastest-growing application in coming years. Additionally, some<br />

functional properties like abrasion resistance, environment sustainability are expected to<br />

increase demand of polyurethane over the next few years.<br />

Polyurethane market was dominated by Asia Pacific with account significant share in total 2014.<br />

Asia Pacific is followed by Europe and North America. Asia Pacific is expected to witness<br />

significant rise in polyurethane market due to large demand from emerging countries like China,<br />

India for various end-use industries like construction and automotives.<br />

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