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Home / Press Release / Global Petrochemicals & Polymers Market 2016 to 2022 by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles Share, Size, Trends and Forecasts By Acute Market Reports

Global Petrochemicals & Polymers Market 2016 to 2022 by Country (United States, Canada, India, China, Japan, United Kingdom), Company Profiles Share, Size, Trends and Forecasts By Acute Market Reports

Polyurethane is polymer made from monomer units of urethane (carbamate). Polyurethanes are versatile material which can converted in various forms such as thermosetting plastics, thermoplastics and synthetic rubber (elastomer). Most of polyurethanes are thermosetting plastics which do not melt when heated. Most commonly polyurethanes are made by the reaction of polyol and polyisocyanate.

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Commercially methylene diphenyl diisocyanate (MDI) and diisocyanate (TDI) are used for production of polyurethanes. Different types of polyurethanes are available in the market such as flexible polyurethane foam, rigid polyurethane foam, thermoplastic polyurethanes and polyurethane binders for variety of applications such as Automotive, building & construction, Footwear, furniture & bedding, Electronics and many other applications.

Raw materials used for the production of polyurethanes are polyol and isocynates. These materials are petrochemicals which are derived from the crude oil. TDI and MDI are the commonly used Isocynates in the market.

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There are many big players who are into the MDI, TDI and polyol market such as BASF, Bayer, Dow Chemicals, Sadara group and many more. Supply of raw material is a factor for the production of polyurethanes. In the market there is oversupply of the raw materials therefore the market is competitive. Asia Pacific is the largest supplier of raw material for the production of polyurethanes. There is no issue with supply of the raw material however the price of raw material is not stable due to fluctuation in crude oil price. These raw materials are derived from the crude oil therefore the fluctuation in oil price is a big concern here.

Companies profiled include
2 Dow Chemicals
3 Bayer
4 Saudi Basic Industries Corporation
5 Lyondell Basell Industries
6 DuPont
7 Lanxess
8 China National Petroleum Corporation
9 Braskem
10 Aryasasol
11 Indian Petrochemicals Corporation Limited
13 Formosa Plastics
14 Akzo Nobel/Imperial Chemical Industries
15 Evonik Industries
16 Asahi Kasei,
17 Toray Industries,
18 Chevron Phillips
19 PPG Industries,
20 Shin-Etsu Chemical
21 PTT Group
22 Cargill
23 Mitsubishi Chemical
24 Rogers Corporation
25 PolyOne Corporation
26 Lotte Chemical
27 Total petrochemical
28 Hitachi Chemical
29 Lanxess
30 ArkemThis Occams Research Report covers

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