Polyurethane (PU) is manufactured by reacting diisocynate with a polyol in the presence of a catalyst and additives. The blowing agents used in the process open up the cells resulting in lightweight polyurethane foams. The surfactants used in the process help to stabilize and retain the shape of the foam. Some of these PU foams are then treated with color paste, pigments and dispersions to form colored PU foams.The colored PU foams are resilient, comfortable, flexible and lightweight. In addition, colored PU foams have several characteristics such as fatigue resistance, durability and offer design freedom and aesthetics.
Based on cell structure, the colored PU foamsare classified as flexible and rigid. The flexible colored PU foams have open cell structure and are the most used PU foamsin the market.The flexible colored PU foams accounted for 57% of the total colored PU foams market. The flexible colored PU foams offersupport, comfort, resilience and aesthetics to the products.They find application in upholstery furniture, bedding, packaging and automotive accessories among others. The rigid colored PU foams are closed cells PU foams. They offer energy efficiency, high performance, versatility and thermal resistance. The rigid colored PU foams are used in construction and electronics appliances. They are used as insulating material in wall insulation, floor insulation, refrigerators and chillers.
The colored PU foams are used in numerous industries such as furniture and interiors, construction, electronics appliances, automotive, footwear, packaging and sports and leisure apparel among others. The furniture and interiors had the largest market share in colored PU foams market. The construction market had the second largest share and accounted for 24% of the total market.These two markets were the main drivers for the colored PU foams market in the past. However, there is a huge demand of colored PU foamsfrom electronics appliancesmarket and is expected to rise in the near future. Increasing demand from automotive industry is expected to drive the colored PU foams market in the coming years.The demand has increased due to various applications in cushion seats, head rests and cushioned panels.
The global colored PU foams market is growing dueto growth in the construction industry, especially in BRIC countries.The growth in the construction sector coupled with urbanization has been driving the colored PU foamsmarket in the past few years. In addition, the huge demand for automobiles from emerging markets is anticipated to drive the growth of colored PU foams. However, volatility in the raw material prices and environmental regulations arelikely to hamper growth of the colored PU foams market.Increasing demand of bio-based colored PU foamscoupled with rising demand from The Middle East and North Africa is expected to open opportunities for the growth of the market over the coming years.
The colored PU foamsdemand was highestfrom North America in 2012 and which also had the highest share of the global market, owing to growing demand from furniture and interiors and constructionindustry. North America market is expected to show steadygrowth with the development in various end-user industries for colored PU foam market. Europe had the second largest share for colored PU foams. The market is expected to grow owing to rise in demand from the packaging industry. The demand for colored PU foams is forecasted to surge in Asia Pacific due to huge demand from electronics and automotive industries. The RoW market is likely to show steady growth over the forecast period.
Companies such as Bayer MaterialScience AG, BASF SE, Recticel S.A., The Dow Chemical Company, Huntsman Corporation and Saint-Gobain Performance Plastics Corporation are amongst the key players in the colored PU foams market.
The report covers forecast and analysis for the colored PU foams market on a global and regional level. The study provides historical data of 2012 along with a forecast from 2013 to 2019 based on both volumes (kilo tons) and revenue (USD million). The study includes drivers and restraints for the colored PU foams market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the colored PU foams market on a global and regional level.
Inflation is not a part of pricing in this report. Prices of colored PU foam vary in each region. Given that different end users use different types of products, pricing for each application varies according to region while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end application in each region. The market size of the global colored PU foam market has been presented in terms of both volume as well as revenue. Market volumes are given in kilo tons and market revenue is in USD million. The market numbers are given on the basis of product type and application in the context of the global as well as regional market.
For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed the key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also included a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Market size and forecast for each major application is also provided in the context of the global as well as regional market. The numbers provided in this report are derived on the basis of demand for colored PU foams from various end user industries in different regions. In order to give the users of this report a comprehensive view on the colored PU foams market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the colored PU foams market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate, general attractiveness and company market share.
The study provides a decisive view on the colored PU foams market by segmenting the market based on product types and applications. All product and application segments have been analyzed based on present and future trends and the CAGR for the market is estimated between2013 and2019. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the World (RoW). Additionally, we have provided analysis and forecast of specific countries within each region on the basis of volume (kilo tons) and revenue (USD million) between 2013 and 2019. This segmentation includes demand for individual applications in all the regions.
The report covers detailed competitive outlook, including market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Bayer MaterialScience AG, BASF SE, Huntsman Corporation,The Dow Chemical Company, Rogers Corporation, Recticel S.A. and Saint-Gobain Performance Plastics Corporation, among others. Company profiles include attributes such as company overview, financial overview, business strategy, SWOT analysis and recent developments.The market has been segmented as below:
Colored PU Foams Market: Product Segment Analysis
- Flexible PU Foams
- Rigid PU Foams
Colored PU Foams Market: Application Analysis
- Furniture and Interiors
- Electronics Appliances
- Others (Including sports and leisure apparel, etc.)
Colored PU Foams Market: Regional Analysis
Rest of the World