Polyurethanes “Market & Overview”
Presented by : Dr. Mahesh N.Gopalasamudram
Chairman - IPUA
PU Tech Events & Exhibition
Polyol
Fire retardant (Optional)
Surface active agent
Accelerating agent
Water
Blowing agent
Isocyanates Isocyanates Isocyanates
Polyurethane
RN O
H
O
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Polyols
Mixed
Polyurethane Chemistry & technology
Medium term growth projection
Slabstoc
kMolded Footwear
Rigid
FoamCASE TPU MISC TOTAL
Baseline 2016 170 101 118 113 35 15 9 561
Realistic 2020 249 148 173 165 51 22 13 821
Optimistic 2020 267 159 199 178 55 24 19 901
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Map depicting regional share of revenues for organized segment
in Indian PU Industry
Expectations for future
Per capita PU consumption in India – 440 gm vs world - 1800 gm.
Cumulative growth expected in next 3 years between 40% to 60%.
Mandatory building code will be a great opportunities for growth in
Insulation area.
Usages of PU Foam in automotive industry can be easily doubled.
Government reforms and increase in pay likely to be give a boost
consumption. Hope that oil & currency are temporary blips.
GST, mother of all reforms. This is also expected to improve
compliance and growth in organized sector.
Thank You