The number of industries such as construction, electronics and packaging uses polyurethane which is similar to plastic due to its rigid as well as flexible foams. Various substances or processes like insulation, footwear, sealants, coating and elastomers used polyurethane in their application.
Polyurethanes are produced by reacting polyols with isocynates. The key isocynates MDI and TDI are used as raw materials for the polyurethanes. As MDI and TDI are highly toxic materials, the polyurethane industry is highly regulated and highly dependent on crude oil dynamics.the two main forms of the polyurethane are; polyurethane foams and polyurethane elastomers.Polyurethanes are used in a wide diversity of consumer and industrial applications due to its wide rang of types.
Historically, MDI has been predominantly used to manufacture polyurethane foams. The largest application for MDI is rigid polyurethane foams which account for 56.05% of the global consumption of MDI. MDI is also used to make coatings, adhesives, sealants, elastomers, and binders.Rigid foams are mostly used in construction, refrigeration, insulation and packaging applications.
Where as TDI is predominantly used to make flexible polyurethane foams which are the largest application of TDI. The Polyurethane foam can produced by the reaction of TDI and Polyol. These flexible polyurethane foams are mainly used in furniture, automotive ans bedding.
According to polyurethane market research Report Asia-Pacific dominates the global polyurethanes market, accounting for 40.20% of the overall market in 2010. Whereas the market in Europe accounts for 35.39% and North American market accounted for 19.96% in 2010.
China is the largest market and one of the leading countries in terms of production as well as consumption of MDI, TDI, and polyurethane due to following reasons.
>Cheap raw material.
>Labour and Land coupled with a moderately stringent regulatory framework.
Global PU market, by product type is dominated by the rigid and flexible foams, which together accounts for 65.02% of the overall market in 2010. The other major product types include coatings, adhesives, sealants and elastomers.
The global market for MDI, TDI, and polyurethanes is highly competitive with a number of market players being close to each other with respect to market share. In terms of pricing, the market is oligopolistic as the players match each other’s pricing levels that leave little scope for anyone to gain competitive advantage through pricing.
The Following Image gives you the idea about how the global polyurethane Market analyzed in 2010 by product types.
Due to the higher demand of various forms of polyurethanes the market is expected to grow very faster in future. Since the Demand of the polyurethanes will increase in coming decades from various pats of the globe but mostly parts likes Asia-Pacific, Eastern Europe, and South America.
Polyurethanes are produced by reacting polyols with isocynates. The key isocynates MDI and TDI are used as raw materials for the polyurethanes. As MDI and TDI are highly toxic materials, the polyurethane industry is highly regulated and highly dependent on crude oil dynamics.the two main forms of the polyurethane are; polyurethane foams and polyurethane elastomers.Polyurethanes are used in a wide diversity of consumer and industrial applications due to its wide rang of types.
Historically, MDI has been predominantly used to manufacture polyurethane foams. The largest application for MDI is rigid polyurethane foams which account for 56.05% of the global consumption of MDI. MDI is also used to make coatings, adhesives, sealants, elastomers, and binders.Rigid foams are mostly used in construction, refrigeration, insulation and packaging applications.
Where as TDI is predominantly used to make flexible polyurethane foams which are the largest application of TDI. The Polyurethane foam can produced by the reaction of TDI and Polyol. These flexible polyurethane foams are mainly used in furniture, automotive ans bedding.
According to polyurethane market research Report Asia-Pacific dominates the global polyurethanes market, accounting for 40.20% of the overall market in 2010. Whereas the market in Europe accounts for 35.39% and North American market accounted for 19.96% in 2010.
China is the largest market and one of the leading countries in terms of production as well as consumption of MDI, TDI, and polyurethane due to following reasons.
>Cheap raw material.
>Labour and Land coupled with a moderately stringent regulatory framework.
Global PU market, by product type is dominated by the rigid and flexible foams, which together accounts for 65.02% of the overall market in 2010. The other major product types include coatings, adhesives, sealants and elastomers.
The global market for MDI, TDI, and polyurethanes is highly competitive with a number of market players being close to each other with respect to market share. In terms of pricing, the market is oligopolistic as the players match each other’s pricing levels that leave little scope for anyone to gain competitive advantage through pricing.
The Following Image gives you the idea about how the global polyurethane Market analyzed in 2010 by product types.
Global Polyurethane Market By Product Types, 2010. |
Due to the higher demand of various forms of polyurethanes the market is expected to grow very faster in future. Since the Demand of the polyurethanes will increase in coming decades from various pats of the globe but mostly parts likes Asia-Pacific, Eastern Europe, and South America.
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