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Demand For Polyurethane In India Will Double In The Next 5 Years.
India GujaratNarmadaValleyFertilisers company (GNFC) senior market manager recently at the PU seminar in Asia said that the consumption of PU in India in the next 5 years will double. By the end of March 31, 2012, the consumption of PU in India will reach 350 thousand tons / year. According to the source, in 2012, about 30% of PU consumption in India will be used for flexible sheet bulk foams, 20% for soft cold curing foam, 20% for rigid foam, and the rest for other applications of foam plastics, such as shoes and synthetic rubber. At present, the per capita consumption of polyurethane in India is only 0.1 kg / year, while the per capita Pu consumption in developed countries and regions such as the United States and Europe has exceeded 6 kg / year, so the India market has great potential for development. Soft sheet bulk foam will continue to be the largest consumer of PU market in India. Among them, the demand for soft block and plastic foam will grow by 20% by 2012, and will become the main driving force for the growth of flexible sheet foam plastics. The consumption of rigid foam plastics is another main driving force for the rapid growth of Pu market demand in India. Its consumption is mainly driven by the growth of demand for building applications.
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