Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Coronavirus
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
    • Wanhua completes MDI expansion in Yantai
      Sheela Foam suspends production at Jalpaiguri
      Slentex gains first industrial application
      Turkish sandwich panel maker expands to Azerbaijan
    • Casper 2020 sales up 9%, losses fall
      Coronavirus took 67% off Magna's seating earnings in 2020
      Fictiv raises $35m to expand digital manufacturing services
      Ingevity to make Capa polyols in Louisiana
    • iStock, 2019, automotive, interior,generic,original.jpg
      Adler Plezer in talks to buy Faurecia's AST interiors business
      Depressed automotive demand in 2020 hit Faurecia's numbers
      New conductive PU potting compound
      Kingspan profits up slightly in 2020
    • iStock, 2019, automotive, interior,generic,original.jpg
      Adler Plezer in talks to buy Faurecia's AST interiors business
      Turkish sandwich panel maker expands to Azerbaijan
      BPCL Polyol project in doubt
      PPG buys polyurea company Versaflex
    • Depressed automotive demand in 2020 hit Faurecia's numbers
      Casper 2020 sales up 9%, losses fall
      Coronavirus took 67% off Magna's seating earnings in 2020
      Kingspan profits up slightly in 2020
    • iStock, 2019, automotive, interior,generic,original.jpg
      Adler Plezer in talks to buy Faurecia's AST interiors business
      Depressed automotive demand in 2020 hit Faurecia's numbers
      Global car sales on rise in January 2021
      Coronavirus takes 14% off Lear's top line
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
    • China’s PU industry on the path to recovery; plans for technology upgrades
      Chinese cold chains grow bigger
      Flexible foam rises to challenges in the Middle East and Africa
      Life at the cross-roads: what does the GCC offer PU?
    • Europe's flexible foam makers face rising prices as outages hit markets
      Western European car registrations rebound slowed in September
      Western European car registrations regained some ground in August
      Western European Car registrations rebound continued in July
    • Take out the VOC with hybrid release agents
      Batteries give pultrusions power
      Seeing a way through VOC and FOG
      Aromatic polyols for simpler rigid PU formulations
    • Hennecke and Frimo: an automotive partnership
      Pushing ahead: AutoRIM drives KM’s UK growth
      BASF opens it first ‘Creation Center’ in Mumbai with a PU twist
      Persistence pays off for CTM
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
September 18, 2017 12:00 AM

IAL publishes Asia Pacific polyurethane report

Simon Robinson
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    London — Elastomers account for 37% of the total materials demand for polyurethane materials in the Asia Pacific region, according to a recent report published by IAL Consultants.

    Between 2016 and 2021, the flexible foam market in the region is expected to grow at 5.5% compound each year, the Consultants said.

    The Chinese market for example, has been hit by the collapse of demand for spray foam there and the slowdown in the construction sector. In India, the market is thriving with growth in the automotive, footwear and construction markets.

    IAL said that approximately 2.8 MT of MDI and 873 kT of TDI we used polyurethane products in the Asia-Pacific region in 2016.

    The firm says that China is becoming more self-reliant on MDI, with new plants coming on stream which have reduced the level of imports from Europe.

    Historically, there has been a general shortage of MDI in the region, but this has changed thanks to increasing levels of production.

    Recent investments in facilities owned by Covestro, BASF and Wanhua in China mean that there could be over capacity, with doubts about whether there will be adequate demand from downstream applications, IAL said. If that's the case, then IAL warned that "manufacturers will increasingly look to export markets to take up their excess supply."

    In the TDI market, IAL said that the automotive industry has outperformed furniture production and provided the main impetus for flexible foam production and TDI consumption in the region. However, mattresses, upholstery and transport seats, are the main end of-use applications.

    Overall the region represents opportunities for growth and TDI producers are expanding.

    Several new facilities, or expanded facilities started at between 2014 and 2016 with more capacity expected from Yantai Juli and Cangzhou Dahua in 2017. These could lead to a risk of surplus capacity in the region, the consultants said.

    The total Asia-Pacific production of polyurethane coatings was over 2 million tonnes in 2016, IAL said.

    The main coating applications are in wood structures, furniture, construction and marine and automotive applications. East Asia is the main producer and consumer of PU coating is in the region.

    Adhesives and sealants made of polyurethane are used for a wide range of applications in the region with around 813 kT produced in 2016.

    The polyurethane adhesive and sealant market grew in 2016 because of increasing demand from a range of industrial sectors but mainly flexible packaging, construction automotive and footwear. Footwear and flexible packaging are the two largest end-use sectors, the consultants said.

    Polyurethane elastomers see most demand from the footwear and textile industries in the Asia-Pacific region. Total production was over 4.4 million tonnes in 2016 making it by far the largest segment in Asia the consultants added.

    The report: Polyurethane Chemicals and Products in Asia Pacific (APAC) 2017 is available from IAL Consultants priced at EUR 14,500, with individual sections available separately.

    Recommended for You
    Adler Plezer in talks to buy Faurecia's AST interiors business
    Adler Plezer in talks to buy Faurecia's AST interiors business
    Depressed automotive demand in 2020 hit Faurecia's numbers
    Depressed automotive demand in 2020 hit Faurecia's numbers
    Wanhua completes MDI expansion in Yantai
    Wanhua completes MDI expansion in Yantai
    Latest Issue
    Click HERE for Free Download
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Office 127,
    61, Willow Walk,
    London
    SE1 5SF
    E-mail us
    +44 (0) 203 287 5979

    Customer Service:
    +1 313 446 0450

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • Coronavirus
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
    • Advertise
    • Contact Us
    • Issues
    • Subscribe