SAN FRANCISCO, April 21, 2016 /PRNewswire/ --
The global Polyurethane Foam Market is expected to reach USD 91.96 billion by 2024, according to a new report by Grand View Research, Inc. Increasing construction spending coupled with high demand from bedding & furniture industry for cushioning and insulation is estimated to drive industry growth.
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Polyurethane foams consumption is anticipated to increase significantly owing to reduced wastage, elevated recyclability, greater sustainability, and reduce energy consumption throughout their life cycle. Growing requirement in end-use industries such as packaging and footwear is anticipated to further compliment growth.
Various governments and federal agencies are increasingly being concerned with detrimental health effects of isocyanates utilized in PU production. Recent trends in PU production include the elimination of chlorinated fluorocarbon blowing agents, due to toxicity & sustainability concerns.
Browse full research report with TOC on "Polyurethane (PU) Foam Market Analysis By Product (Rigid Foam, Flexible Foam), By Application (Bedding & Furniture, Transportation, Packaging, Electronics, Footwear) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/polyurethane-foam-market
Further key findings from the report suggest:
Grand View Research has segmented the polyurethane foams market on the basis of product, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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