Rigid polyurethane (PU) foams market size to reach $20.40 billion by 2020, expected to grow at 5.2% CAGR
“The global rigid polyurethane foams market size is expected to reach USD 20.40 billion by 2020, rigid polyurethane foams are primarily used as an insulation material in various constructional and refrigeration applications around the world, and the growth of these major end-use industries have been contributed to the growth of this market�
global market for rigid polyurethane foams is expected to reach USD 20.40 billion by 2020; according to a new study by Grand View Research, Inc. Growth of construction industry mainly in the emerging economies of China, India and Brazil is expected to drive the market for rigid polyurethane foams over the next six years. Grand View Research further observes that government support in promoting the usage of rigid polyurethane foams mainly for refrigeration applications in the U.S. is also expected to drive the market over the forecast period.
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