The North America Polyurethane (PU) Market is expected to reach USD 14.46 billion by 2020, according to a new study by Grand View Research, Inc. Growing importance for energy efficiency on account of rising energy costs and greenhouse emissions coupled with growing demand for lightweight, high performance materials from automotive industry in order to improve fuel efficiency are expected to remain key drivers for the regional PU market. Volatile raw material prices on account of tight supply of particularly TDI are expected to remain a key challenge for market participants. Rapid development of bio-based PU expected to provide growth opportunities to key companies operating in the regional market.
http://www.grandviewresearch.com/industry-analysis/north-america-polyurethane-market
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