DUBLIN—The market for rigid, flexible, coatings and adhesive polyurethanes will reach $49.7 billion by 2016, growing at an average annual rate of 9.7 percent globally, according a market research company.
The report by Research and Markets said the global market for polyurethanes is growing rapidly and will continue to do so during the next five years because of its wide use in automotive and electronic applications. The total market should hit 508.4 million metric tons by 2016, the study said.
More information on the report is available at www.researchandmarkets.com.