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Paint and Coating Market Reports

CPI Survey Reveals Polyurethanes Production Increases Across All Major Product Segments

MarketForecasts-118438237.jpg
October 4, 2015

WASHINGTON – The Center for the Polyurethanes Industry (CPI) announced the topline results of a two-year survey on the polyurethanes industry in the United States, Canada and Mexico. The 2014 End-Use Market Survey on the Polyurethanes Industry in the United States, Canada and Mexico shows that polyurethane production rose in all major product segments between 2012 and 2014, with the most significant increase taking place for rigid foam applications.

Combined polyurethane production for the United States, Canada and Mexico increased from about 6.92 million pounds in 2012 to 7.65 million pounds by the end of 2014, with a significant polyurethane demand increase in the automotive sector.

“CPI’s survey is one of the most significant sources of information on the industry, and it clearly demonstrates the organization’s role as the premier knowledge center for the North American polyurethanes industry,” said Lee Salamone, Senior Director of CPI. “These results showcase the historic trends and attest to what an exciting time it is for the dedicated and innovative professionals in the polyurethanes industry.”

Electronic copies of the full survey are now available for pre-order. Orders may also be placed in person at the 2015 Polyurethanes Technical Conference.

The 2014 End-Use Market Survey on the Polyurethanes Industry in the United States, Canada and Mexico, produced biennially by independent third-party IAL Consultants, provides a breakdown of raw material consumption for polyurethane markets in the United States, Canada and Mexico by type and by major end-use market for each country over a two-year period, as well as historic trends, market drivers and key issues.

In addition to the increase in production, the survey’s high-level results demonstrate that a greater demand for new vehicles increased the market for foam, coatings, adhesives and other products used in vehicles such as molded flexible foam.

The full results of the survey will be unveiled in October at the Closing Session of the 2015 Polyurethanes Technical Conference at the Gaylord Palms Resort and Convention Center in Orlando.

KEYWORDS: polyurethanes

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