As activity in downstream industries began to pick back up in 2010, the Urethane Foam Manufacturing industry bounced back with an increase in revenue. Since then, revenue has grown steadily, spurred by strong activity in the automotive, construction and furniture sectors. Over the next five years, the industry is forecast to continue its recovery. Downstream demand from residential and nonresidential construction activity is expected to boost sales of urethane products used in insulation, furniture and carpets. Similarly, demand for cars will increase purchases of urethane used in seat cushions and vehicle insulation. Overall, the industry is expected to return to its prerecessionary size by 2020, recouping its losses from the past decade.
This industry manufactures plastic foam products (except polystyrene). These products are used to insulate objects or reduce shock. Plastic foam products are used in bedding, packaging, seat cushioning, carpet cushioning, car interiors, fluid filtration systems, antinoise and vibration systems in aircraft, medical devices, and a number of consumer applications such as sponges, mops, paint brushes and cosmetic applicators.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.