Research & Markets: Polyurethane Products Have Experienced an Overall Growth in South America, With Total Production of Polyu...
March 15 2012 - 10:01AM
Business Wire
Research and
Markets(http://www.researchandmarkets.com/research/f66a26/polyurethane_produ)
has announced the addition of the "Polyurethane Products and
Chemicals in South America - 2012 Fourth Edition" report to their
offering.
IAL Consultants is pleased to announce the publication of the
fourth edition of its report on the polyurethane markets in South
America.
Demand for polyurethane in South America has increased overall
in line with rising living standards particularly in Argentina and
Brazil.
The use of polyurethane in construction has been fuelled by two
upcoming global sport events taking place in Brazil and the 2010
earthquake in Chile. Nonetheless, production continues facing
competition from lower priced materials.
This new study updates and expands upon the information included
in our previous study published in 2009. Data in this report has
been extensively revised through a lengthy programme of interviews
throughout the industry. This has allowed for a more comprehensive
breakdown of the CASE market into its associated end-use
applications. The format of this new edition also follows more
closely the EMEA study for ease of comparison. The report contains
both PU product production and raw material consumption figures
with 2011 as the base year and market forecasts are provided for
2016.
Polyurethane production volumes in South America started
recovering in 2010 soon after the adverse effects resulting from
the global crisis. By 2016 polyurethane products overall growth is
forecast to be 906,500 tonnes, equivalent to a mean growth of 4.6%
p.a. South America remains one of the most traditional regions of
the world and implementation of innovative applications tends to
lag behind. However, rising awareness on energy efficiency,
followed by more stringent local legislations, will contribute to
an increase in demand for polyurethane insulation systems; however,
these will still face competition from other less expensive and
readily available insulating materials. Rigid foam is thus expected
to follow a more dynamic growth of about 5.1% p.a. also stimulated
by the construction of multinational retailers and shopping malls,
where the building standards are higher and polyurethane is a
preferred material.
For more information visit
http://www.researchandmarkets.com/research/f66a26/polyurethane_produ.