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GCC Polyurethane Foam market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.<br><br>Get Sample Report- https://www.marknteladvisors.com/query/request-sample/gcc-polyurethane-foam-market.html<br><br>The major growth factor for the growth of Polyurethane Foam market is the emanating growth of end-use industries for furniture, electronics, building and construction material.
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GCC Polyurethane Foam Market Analysis, 2020 marknteladvisors.com
Document Outline Table of Content Market Segmentation, Scope of Work 02 Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile 11 Sample Pages GCC Polyurethane Foam Market Analysis, 2021 18 Commercials 50 Company Profile About the company, Sectors catered 52 Contact Details 54
Market Segmentation GCC Polyurethane Foam Market Segmentation By Country By Type By Density By End Users By Company • UAE • Saudi Arabia • Qatar • Bahrain • Kuwait • Oman • BASF SE • The Dow Chemical Company • TrelleborgAB • UFP Technologies, Inc. • Huntsman International LLC. • CovestroAG • Fritz Nauer AG (FoamPartner) • ArmacellInternational SA • Compagniede Saint-Gobain • Sheela Group • Others • Spray • Flexible • Rigid • Low • Medium • High • Building & Construction • Bedding & Furniture • Automotive • Electronics • Footwear • Packaging • Others By Category • Open • Closed
Table of Content (1/7) Historical Year: 2016-19 Base Year: 2020 Forecast Year: 2021-26
Table of Content (2/7) Historical Year: 2016-19 Base Year: 2020 Forecast Year: 2021-26
Table of Content (3/7) Historical Year: 2016-19 Base Year: 2020 Forecast Year: 2021-26
Table of Content (4/7) Historical Year: 2016-19 Base Year: 2020 Forecast Year: 2021-26
Table of Content (5/7) Historical Year: 2016-19 Base Year: 2020 Forecast Year: 2021-26
Table of Content (6/7) Historical Year: 2016-19 Base Year: 2020 Forecast Year: 2021-26
Table of Content (7/7) Historical Year: 2016-19 Base Year: 2020 Forecast Year: 2021-26
Document Outline Table of Content Market Segmentation, Scope of Work 02 Research Process & Methodology Key questions answered in the report, Research process, Primary Research, Secondary Research, Respondent Profile 11 Sample Pages GCC Polyurethane Foam Market Analysis, 2021 18 Commercials 50 Company Profile Introduction, Corporate Presentation 52 Contact Details 54
GCC Polyurethane Foam Market Analysis, 2016-2026F • Figure XX: GCC Polyurethane FoamIndustry Revenues (USD Million) & Volume (inKilotons), 2016- 2026F Revenue: XX% Volume: XX% Revenue: XX% Volume: XX% Source: MarkNtel Advisors, E: Estimated, F: Forecast • The GCC polyurethane foam market is snowballing owing to growing several industry verticals contain building and construction, bedding and furniture, electronics, etc. The use of polyurethane foams is surging in building insulations in the GCC market. The development of commercial infrastructures such as hotels, museums, shopping complexes, etc. on the back of Qatar FIFA World Cup 2022 and UAE Expo 2021 has been increasing the demand for the polyurethane foam over the last couple of years. • COVID-19 has triggered the situation of lockdown, which impacted the supply of raw materials and has delayed several construction activities in the region. The recommence of deferred construction projects would provide enormous opportunities to polyurethane foam manufacturers in the forthcoming years. Market at a Glance
GCC Polyurethane Foam Market, By Type (1/3) • Figure XX: GCC Polyurethane Foam Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Type, 2016- 2026F Market Share, By Type Market Size, By Type (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors Introduction Introduction • The manufacturers produced flexible polyurethane foam in different shapes and firmness, besides it includes lightweight, comfortable and durable features. Therefore, it is extremely used as cushioning for numerous commercial and consumer goods. Rigid polyurethane foam is energy-efficient and versatile insulation, hence, it is gaining popularity in GCC countries. This type of foam can reduce energy costs while building residential and commercial buildings more comfortable and efficient. Also, to maintain lower noise levels and uniform temperature in commercial and residential properties, developers shift their preference towards rigid polyurethane foam.
GCC Polyurethane Foam Market, Growth Analysis By Type (2/3) • Figure XX: GCC Polyurethane Foam Market Opportunity Metrix, By Revenues By Type, 2021-26 XX Growth, XX Market Share High 1. Flexible Market Share Analysis • Flexible polyurethane foam has majorly contributed to the market growth of the global market owing to better comforts provided by this type of foam while sleeping and sitting in comparison to others. • The bedding and furniture made up of flexible foam are widely getting utilized in households, healthcare units, and hotels, etc. • The construction of such infrastructures in the region would mount the demand for bedding and furniture products, which, in turn, the segment would experience the mounting trend of the market share of the flexible segment. XXX Market Share (%) XXX XXX Low High CAGR 2021-2026F Source: MarkNtel Advisors,
GCC Polyurethane Foam Market, By Density (1/3) • Figure XX: GCC Polyurethane Foam Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Density, 2016- 2026F Market Share, By Density Market Size, By Density (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors Low Density Foam is Gaining Traction Introduction • The construction industry in the Gulf region is proliferating at a higher rate, which assists low-density polyurethane foam to grab a maximum market share as it is widely utilized in wiring insulation. Medium-density polyurethane foam is used in several consumer and industrial products include cushions, product packaging, die-cut, among others. While high-density foam is mainly used to prepare the bottom layer of the memory foam mattresses. Other mattresses such as hybrid and innerspring may also use the high-density foam to support the spring systems. The manufacturing of such mattresses has been soaring the adoption of high-density foam in the region.
GCC Polyurethane Foam Market, Growth Analysis By Density (2/3) • Figure XX: GCC Polyurethane Foam Market Opportunity Metrix, By Revenues By Density, 2021-26 XX Growth, XX Market Share High 1. Low-Density Market Share Analysis • Radisson Hotel Group planned to open six hotels in Damman, Riyadh, and Makkah to expand its presence in Saudi Arabia. The other companies such as ShapoorjiPallonji Group, Avani Hotels & Resorts, Accor Group, among others, intend to open several new hotels in the GCC region. The construction of such hotels would drive the procurement of low-density foam. • The authorized government is focusing on surging the per day production of desalinated water in the GCC region. The construction of desalination facilities is supposed to propel the use of low-density foam by 2026. XXX Market Share (%) XXX XXX Low High CAGR 2021-2026F Source: MarkNtel Advisors,
GCC Polyurethane Foam Market, By End Users (1/6) • Figure XX: GCC Polyurethane Foam Market Revenue Share (%), By End Users, 2020 & 2026 2020 2026F Source: MarkNtel Advisors • The building & construction, bedding & furniture, packaging are among the main segments that driving the global market. The polyurethane foam is one of the effective products in construction industry materials as it provides better insulation solutions to mitigate thermal degradation. Polyurethane foams can also found in armrests, seats and headrests of various cars, where cushioning characteristics assist to decline the stress and fatigue associated with driving. The properties of polyurethane foam make it ideal within the cars bodies other than cushioning purposes. • The procurement of low-cost mattresses owing to large religious events such as Hajj in the GCC region is further mounting the demand for polyurethane foam. Thus, the bedding and furniture segment has been mushrooming over the last few years. Building & Construction Substantially Contributing to the Growth
GCC Polyurethane Foam Market, By End Users (2/6) • Table XX: GCC Polyurethane Foam Market Market Revenue (USD Million), By End Users, 2016- 2026F
UAE Polyurethane Foam Market Analysis, 2016-2026F • Figure XX: UAE Polyurethane FoamIndustry Revenues (USD Million) & Volume (inKilotons), 2016- 2026F Revenue: XX% Volume: XX% Revenue: XX% Volume: XX% Source: MarkNtel Advisors, E: Estimated, F: Forecast • UAEdominated the GCCmarket owing to the positive growth of a construction industry coupled with growing awareness about the advantages of polyurethane foam among infrastructure developers. The presence of large foam manufacturing companies, rising number of partnerships, business expansion, the launch of new polyurethane foam, and strong distribution networks are the market driving factors in UAE. For instance, Hira, a foam manufacturer, opened a new production facility in UAE in 2019. The company is expected to generate demand for insulation polyurethane foam in the country. The consumption of insulation foam in smart homes construction has been snowballing market growth. Furthermore, the easy availability of foam via various sales channels such as online, brick & mortar, etc., has been contributing to generate the additional demand among end-users comprise footwear, packaging, electronics, among others. UAE Grabbed the Highest Market Share in the GCC Region
UAE Polyurethane Foam Market, By Type (1/3) • Figure XX: UAE Polyurethane Foam Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Type, 2016- 2026F Market Share, By Type Market Size, By Type (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors Rigid Foam Introduction • Rigid foams are widely used for sound reduction, vibration and heat-proof applications in the commercial and industrial construction sectors. It is also used in the manufacturing of cooling equipment, freezers, and heating machinery. The Abu Dhabi government focus to burgeon the expatriate population by influencing technology organizations and skilled employees would snowball the sales of such products. Besides, the growing competition among end-use product manufacturers is surging the need to develop high-quality products, and rigid foam has features that enhance product quality. Thus, the rigid foam market is supposed to would mount by 2026.
UAE Polyurethane Foam Market, Growth Analysis By Type (2/3) • Figure XX: UAE Polyurethane Foam Market Opportunity Metrix, By Revenues By Type, 2021-26 XX Growth, XX Market Share High 1. Flexible Market Share Analysis • The market share of the segment is expected to augment over the forthcoming years. The government launched the “Dubai Tourism Strategy 2020” to lure 20 million visitors each year by 2020 and “Sharjah Tourism Vision 2021” intending to attract above 10 million visitors every year by 2021. The government initiatives to surge tourism has driven the procurement of bedding and furniture. Hence, the consumption of flexible polyurethane foam is proliferating in the country. • The improving hospital quality and rising number of healthcare units has been surging the sales of XXX Market Share (%) XXX XXX Low High CAGR 2021-2026F Source: MarkNtel Advisors,
UAE Polyurethane Foam Market, By Density (1/3) • Figure XX: UAE Polyurethane Foam Market Revenue Share (%) 2020 & 2026, & Market Revenue (USD Million), By Density, 2016- 2026F Market Share, By Density Market Size, By Density (USD Million) Inner Circle: 2020; Outer Circle: 2026 Source: MarkNtel Advisors Market Brief Introduction • The features associated with low-density foam such as affordability, lightweight, easy to cut and shape, etc., are driving the market growth. While high-density foam provides a long lifespan to end-use products, hence, high-density foam gaining traction in the UAE. The majority of products fall under 1LB to 3LB density range that considered to be a medium to high-density foam. • The Abu Dhabi Planning Council Estidama Program has made sustainable construction of cities and infrastructure by 2030. Subsequently, the procurement for low-density foam is supposed to augment in the coming years.
UAE Polyurethane Foam Market, By End Users (1/6) • Figure XX: UAE Polyurethane Foam Market Revenue Share (%), By End Users, 2020 & 2026 2020 2026F Source: MarkNtel Advisors • The individuals’ expenditure on renovating house, primarily on products including flooring, kitchens, furniture and other high quality goods is growing at a considerable pace. The procurement of high quality luxury furniture products has been increasing in the country. Moreover, the mushrooming home ownership coupled with the arrival of expatriates in UAE have led to a surge in procurement of electronics, bedding and furniture products. Therefore, the electronics. bedding and furniture segments are experiencing a positive growth. The construction of smart cities under Dubai vision 2021 and Abu Dhabi vision (2018-2022) has been generating the additional demand for polyurethane foam in the country over the last few years. Thus, the market share of the building and construction segment is proliferating over the past few years. Increasing Demand From Electronics and Construction
UAE Polyurethane Foam Market, Growth Analysis By End Users (3/6) • Figure XX: UAE Polyurethane Foam Market Opportunity Metrix, By Revenues By End Users, 2021-26 XX Growth, XX Market Share High 1. Building and Construction Market Share Analysis • Al Muqarram Group, a manufacturer of automotive, construction insulation, and HVAC industries products has launched a new Dolphin B2 Fire Retardant polyurethane foam. This provides insulation and maximum fire safety in the UAE market. The Dolphin B2 Fire Retardant can utilize in a broad insulation range from enclosing spares and filling between concrete slabs, gaps around windows, drilled holes, roof tiles, wall cavities, and frame construction, etc. The demand for new polyurethane foams with advanced features would escalate its procurement amid the building and construction industry. XXX Market Share (%) XXX Low High CAGR 2021-2026F Source: MarkNtel Advisors,
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