Hybrid Non-Isocyanate Polyurethanes Market
Hybrid Non-Isocyanate Polyurethanes Market size is forecast to reach $8.12 million by 2025, after growing at a CAGR of 10.3% during 2020–2025. Hybrid Non-Isocyanate Polyurethanes industry is projected to augment due to its superior properties such as high hydrolytic stability, superior chemical resistance, adhesiveness, and reduced permeability as compared to conventional polyurethanes. Hybrid non-isocyanate polyurethanes are ideal choice for numerous applications including crack-resistant composite materials, chemical resistant coatings, industrial floorings, sealants, glues, and many others. Non-isocyanate Green Polyurethane foam can be used for many industrial and commercial applications.
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Key Takeaways
- Asia Pacific dominates the Hybrid Non-Isocyanate Polyurethanes market owing to well performing industries such as building and construction, automotive, packaging and others.
- Hybrid Non-Isocyanate Polyurethanes is a potential replacement for current polyurethanes that use isocyanates in their production, especially those that leave post-reaction free isocyanates in aerosolized forms market during forecast period.
- The market drivers and restraints have been assessed to understand their impact over the forecast period. The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
- The other key areas of focus include the various applications in Hybrid Non-Isocyanate Polyurethanes Market and their specific segmented revenue.
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Drivers — Hybrid Non-Isocyanate Polyurethanes Market
- Technologically advanced than conventional polyurethane will drive the Hybrid Non-Isocyanate Polyurethanes market:
Hybrid Non-Isocyanate Polyurethanes is a potential replacement for current polyurethanes that use isocyanates in their production, especially those that leave post-reaction free isocyanates in aerosolized forms. The unique formulation of hybrid non-isocyanate polyurethanes combines the best mechanical properties of polyurethane and chemical resistance properties of epoxy.
Challenges — Hybrid Non-Isocyanate Polyurethanes Market
- Durability can restrict the market:
Limited life is a significant disadvantage to polyurethane products. Polyurethane has hydroscopic features, that is to say characteristics of water absorption. Mattresses made of polyurethane absorb water and slowly disintegrate and lose supporting consistency. The same problem apply to polyurethane adhesives and sealants. It also adversely affects the durability of polyurethane paints when exposed to direct sunlight or organic solvents.
