Polyurethane Injections Market - Forecast(2023 - 2028)
Polyurethane Injections Market Overview
Polyurethane Injections Market is forecast to reach US$ 1.5 billion by 2026, after growing at a CAGR of 5.2% during 2021-2026. Globally, the polyurethane injections market is primarily driven by an increase in the demand for resins in the building & construction industry. Owing to its low viscosity and short curing time properties, it is also increasingly being used to restore manufacturing or warehouse flooring that has been damaged by heavy machinery such as forklifts over time. Rising demand for injection fillers made of thermoplastic materials because of their outstanding mechanical characteristics is also driving the market growth. Furthermore, the growing demand for polyurethane injection resins in the marine and mining industries owing to its exceptional properties is anticipated to create new opportunities for the growth of the polyurethane injections industry in the forecast era.
Impact of Covid-19
Due to the Covid-19 pandemic in the year 2020, the demand for polyurethane injections declined directly owing to the pause in ongoing construction activities. Moreover, the shutdown of several manufacturing firms further affected the demand for polyurethane injections. Various import-dependent countries due to import-export disruptions also faced severe issues regarding the manufacturing of polyurethane injections. Thus, above mentioned factors reduced the market demand for polyurethane injections over the forecast period.
Report Coverage
The report: “Polyurethane Injections Market Report – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the polyurethane injections market.
By Type: Flexible and Rigid
By Formulation: Single Resin, Dual Resin, and Acrylate Resin
By Application: Building and Construction, Water and Wastewater, Marine, Mining, and Others
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)
Key Takeaways
- Asia-Pacific region dominated the polyurethane injections market owing to the rising building and construction, and infrastructure reconstruction activities in emerging economies such as China, Japan, India, and Australia.
- Polyurethane injection resins are primarily used in sealing and elastic connection of fissures and cavities in buildings and other civil engineering structures constructed of concrete, brickwork, or natural stone.
- Advancements in chemical properties of polyurethane injection resins in order to make them multifunctional are estimated to offer lucrative growth opportunities to the polyurethane injection market during the forecast period.
Figure: Asia Pacific Polyurethane Injections Market Revenue, 2020-2026 (US$ Billion)
![Polyurethane Injections Market](https://i.imgur.com/Iz8is6s.png)
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Polyurethane Injections Market Segment Analysis - By Type
Flexible polyurethane injection held the largest share in the polyurethane injections market in 2020. Flexible polyurethane injection resins come in gel and foam forms, and are used to seal and treat structural infiltrations. The polyurethane gel is the resin that facilitates permanent binding; the foam is used mainly to achieve the provisional seal in order to allow the polyurethane gel to be injected, guaranteeing the final tightness. Also, flexible polyurethane injection provides a flexible seal in voids and non-structural cracks, or reacts with water to form flexible, closed-cell foam. The versatility and low viscosity of the flexible polyurethane injection makes it suitable for fractures and joints where potential movements are expected, but the product is applicable in a variety of both pressurized and non-pressurized situations, including spills, cracks, and voids in walls and floors of concrete and masonry buildings, tunnels, and sewer pipes.
Polyurethane Injections Market Segment Analysis - By Formulation
The acrylate resin segment held the largest share in the global polyurethane injections market in 2020. Acrylate-based polyurethane injection resins have a low viscosity blending that is practically identical to that of water. Acrylate resins are widely used in applications such as gas and water sealing, permeation grouting, membrane grouting, and screen injection. Besides, the injection of polymeric acrylic resin is recommended for sealing holes, cracks and particularly expansion joints with or without water flow, as it is elastic and provides complete filling of existing voids and perfect sealing of infiltration. Thus, with the growing demand for acrylate resin owing to its alluring properties such as very low viscosity, excellent durability, flexibility, and great adhesion, the market demand for polyurethane injections is anticipated to rise in the forecast period.
Polyurethane Injections Market Segment Analysis - By Application
Building and Construction held the largest share in the polyurethane injections market in 2020 and is projected to grow at a CAGR of 4.5% during the forecast period 2021-2026. To minimize external aggression, polyurethane injection resins are utilized to prevent concrete from filling gaps. These resins are typically utilized in building foundations because they help to consolidate the foundation and restore the structure's original monolithic. Also, the low viscosity of polyurethane injections to comfortably seal tiny cracks after curing on moisture is driving the usage of polyurethane injections in building and construction activities. Currently, rising remodeling activities in the housing sector is driving the demand for polyurethane injections. For instance, according to the U.S. Census Bureau, in Quarter 4 (Oct to Dec) 2019 in Great Britain, the repair and maintenance of non-housing and public housing increased 1.6% and 0.9%, respectively. Hence, due to the factors mentioned above, the building and construction segment is expected to dominate the polyurethane injections market. Also, with the rising building and construction remodeling activities the market demand for polyurethane injections is expected to grow in the forecast period.
Polyurethane Injections Market Segment Analysis - Geography
The Asia Pacific region held the largest share with 40% in the polyurethane injections market in 2020. Increasing demand for thermoplastic materials such as polyurethane in the Asia-Pacific region for the formulation of PU injections is driving the market growth. The rapid growth of the building & construction industry in China, India, and South Korea is projected to propel the demand for polyurethane injection resins in the near future. According to the Construction Association of Korea (CAK), In 2019, Korea's construction-related industry, including public and private infrastructure and civil engineering services, generated estimated revenues of $148 billion (KRW166 trillion). Thus, the demand for the polyurethane injections market is therefore anticipated to increase in the forecast period because of these properties.
Polyurethane Injections Market Drivers
Better sustainability and performance characteristics
The depressed economic projections in many countries make it imperative to use cost-effective materials in the commercial and civil building sectors. Polyurethane-based concrete rehabilitation solutions have been found to be very cost-effective in replacing, rebuilding, and rehabilitating concrete buildings relative to more conventional mechanical materials practices. This system also applies to constructing sustainability ranking. Thus, the increasing understanding of the environmental concerns and the support provided by governments of different countries to move towards sustainable construction make people look to sustainable construction methods. Thus, for better performance characteristics and sustainability the demand for polyurethane injections is estimated to rise in the forecast period.
Increasing infrastructure cracks due to bad drainage and heavy load
Cracks may emerge as buildings and infrastructures age due to wear and strain, especially if maintenance is neglected. Also, the most common cause of building cracks is moisture. Water seepages caused by poor drainage can produce holes in concrete and other construction materials over time. Water, humidity, and moisture can cause damage to almost any structure. PU injection owing to its low viscosity can effectively fix the leaks and cracks that are created. Furthermore, excessive loads resulting from the constant movement of machinery and vehicles such as forklift trucks and lorries produce fractures or cracks in the floor over time. Cracks are usually significant, especially in areas with a lot of traffic. Water on the ground will form holes and gaps through the cracks, which can be mended with PU by filling them up, as many warehouses with tin roofs leak over time. Thus, growing cracks due to bad drainage and heavy loads are estimated to drive the polyurethane injections market growth over the forecast period.
Polyurethane Injections Market Challenges
Rising environmental and health concerns
Polyurethane can cause asthma and other breathing problems when left uncured. Many that spend time in rooms with uncured polyurethane floor treatments can also suffer health complications such as throat and eye pain, nausea, vomiting, headaches, coughing, and shortness of breath. Also, the method of obtaining polyurethane produces CO2 emissions during the production or manufacture process. Engineering precautions and sound occupational procedures are often the first lines of protection against polyurethane exposures, and advice has been developed to help people avoid overexposure and adverse health effects. For instance, the Occupational Safety and Health Administration (OSHA) provides a Respiratory Security Policy (29 CFR § 1910.134) to resolve respiratory hazards. It is necessary for workers to wear any personal protective equipment (PPE) prescribed for their particular job functions. A worker can shield himself or herself from overexposure to polyurethane by sufficient precaution and the use of engineering controls and PPE. Hence, the rising health concerns from the exposure of polyurethane will further create hurdles for the polyurethane injections market in the forecast period.
Polyurethane Injections Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the polyurethane injections market. Major players in the polyurethane injections market are Sabic, The Sherwin-Williams Company, BASF SE, Sika Corporation, The Euclid Chemical Company, DowDuPont, Schomburg Gmbh among others.
Relevant Reports
Report Code: CMR 15777
Report Code: CMR 1060
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1. Polyurethane Injections Market - Market Overview
1.1 Definitions and Scope
2. Polyurethane Injections Market- Executive Summary
2.1 Key Trends by Type
2.2 Key Trends by Formulation
2.3 Key Trends by Application
2.4 Key Trends by Geography
3. Polyurethane Injections Market - Comparative analysis
3.1 Market Share Analysis- Major Companies
3.2 Product Benchmarking- Major Companies
3.3 Top 5 Financials Analysis
3.4 Patent Analysis- Major Companies
3.5 Pricing Analysis (ASPs will be provided)
4. Polyurethane Injections Market - Startup companies Scenario Premium Premium
4.1 Major startup company analysis:
4.1.1 Investment
4.1.2 Revenue
4.1.3 Product portfolio
4.1.4 Venture Capital and Funding Scenario
5. Polyurethane Injections Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Successful Venture Profiles
5.4 Customer Analysis - Major Companies
6. Polyurethane Injections Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Buyers
6.3.3 Threat of New Entrants
6.3.4 Competitive Rivalry
6.3.5 Threat of Substitutes
7. Polyurethane Injections Market -Strategic analysis
7.1 Value/Supply Chain Analysis
7.2 Opportunity Analysis
7.3 Product/Market Life Cycle
7.4 Distributor Analysis – Major Companies
8. Polyurethane Injections Market – By Type (Market Size – US$ Million)
8.1 Flexible
8.1.1 Foam
8.1.2 Gel
8.2 Rigid
9. Polyurethane Injections Market – By Formulation (Market Size - US$ Million)
9.1 Single Resin
9.2 Dual Resin
9.3 Acrylate Resin
10. Polyurethane Injections Market – By Application (Market Size - US$ Million)
10.1 Building and Construction
10.1.1 Residential Buildings
10.1.1.1 Roofs
10.1.1.2 Wall
10.1.1.3 Floor
10.1.1.4 Facades
10.1.1.5 Others
10.1.2 Commercial Buildings
10.1.2.1 Roofs
10.1.2.2 Wall
10.1.2.3 Floor
10.1.2.4 Facades
10.1.2.5 Others
10.1.3 Infrastructure
10.1.1.1 Tunnels and Mining
10.1.1.2 Dams
10.1.1.3 Bridges
10.1.1.4 Roads/Highways
10.1.1.5 Others
10.2 Water and Wastewater
10.2.1 Water Tanks
10.2.1.1 Interior
10.2.1.2 Exterior
10.2.2 Water Pipeline
10.2.3 Wastewater Pipeline
10.3 Marine
10.4 Mining
10.5Others
11. Polyurethane Injections Market - By Geography (Market Size -$Million)
11.1 North America
11.1.1 USA
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 UK
11.2.2 Germany
11.2.3 France
11.2.4 Italy
11.2.5 Netherlands
11.2.6 Spain
11.2.7 Russia
11.2.8 Belgium
11.2.9 Rest of Europe
11.3 Asia Pacific
11.3.1 China
11.3.2 Japan
11.3.3 India
11.3.4 South Korea
11.3.5 Australia and New Zealand
11.3.6 Indonesia
11.3.7 Taiwan
11.3.8 Malaysia
11.3.9 Rest of Asia Pacific
11.4 South America
11.4.1 Brazil
11.4.2 Argentina
11.4.3 Colombia
11.4.4 Chile
11.4.5 Rest of South America
11.5 ROW
11.5.1 Middle East
11.5.1.1 Saudi Arabia
11.5.1.2 UAE
11.5.1.3 Israel
11.5.1.4 Rest of Middle East
11.5.2 Africa
11.5.2.1 South Africa
11.5.2.2 Nigeria
11.5.2.3 Rest of South Africa
12. Polyurethane Injections Market - Entropy
12.1 New Product Launches
12.2 M&A’s, Collaborations, JVs and Partnerships
13. Polyurethane Injections Market - Industry/Segment Competition Landscape Premium
13.1 Company Benchmarking Matrix – Major Companies
13.2 Market Share at Global Level- Major companies
13.3 Market Share by Key Region- Major companies
13.4 Market Share by Key Country- Major companies
13.5 Market Share by Key Application - Major companies
13.6 Market Share by Key Product Type/Product category- Major companies
14. Polyurethane Injections Market - Key Company List by Country Premium Premium
15. Polyurethane Injections Market Company Analysis- Business Overview, Product Portfolio, Financials, and Developments
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"