London -- IAL Consultants has published a four-volume study -- Polyurethane Chemicals and Products in Asia-Pacific 20104th Edition, covering India, East Asia, and South East Asia and Australasia. This 500-page study, costing Euro 10 500, is a companion to IAL's report on the Europe, Middle East and Africa markets.
The London based market research group says its latest report contains details of production of polyurethane products and related raw material consumption in over 12 countries across the region. The market data will also be available in electronic format, and the full report will also include a summary presentation of the data.
Production of flexible foam, rigid foam and the CASE markets are discussed in detail by country and region in over 30 specific end-use markets together with the related polyurethane raw materials (isocyanates and polyols) consumption.
Each volume describes three distinct markets within the overall region in detail.
Headline data on total production and raw material consumption will be collated and summarised in a single volume, the Executive Summary, along with a worksheet covering the numerical data.
The geographical coverage is as follows:
• Far East - China, South Korea, Japan & Taiwan;
• India; and
• South East Asia & Australia - Indonesia, Malaysia, Philippines, Singapore, Thailand & Rest of SEA.
IAL says the three markets are at different stages of development, with a variety of opportunities for raw material and equipment suppliers. For example, it points out that the Chinese market continues to develop, in both domestic demand and exports, with expanding raw material capacity, whilst other markets in the Far East are technically developed and fairly mature.
"PU production in the smaller markets of South East Asia is growing because of competitive labour costs compared to China and increased levels of foreign investment," says the group. As a result, these emerging markets "offer good growth opportunities and in some cases the advantages of easier trading conditions when compared to China," IAL points out.
India has the world's second largest population after China, and has the world's second highest growth rate for PU production, with aims of becoming a major global automotive and footwear manufacturer, IAL says. But it notes that infrastructure problems and taxes still hamper market growth.