CPI: Survey reveals strength of PU industry across the USA, Canada and Mexico
The Center for the Polyurethanes Industry (CPI) of the American Chemistry Council (ACC) announced the results of a two-year survey on the polyurethanes industry in the USA, Canada and Mexico. The 2018 End-Use Market Survey on the Polyurethanes Industry in the United States, Canada and Mexico, produced biennially by independent third-party IAL Consultants, shows that polyurethane production rose to over 9 billion lbs. US polyurethane production rose at a 3.9 % growth rate in all major product segments between 2016 and 2018, with the most significant growth in the thermoplastic polyurethane (TPU) market.
In addition to the increase in production, the survey’s high-level results demonstrate that the demand for improved energy efficiency and lighter weight vehicles has continued to drive growth in the polyurethane industry, said CPI.
“CPI’s survey is one of the most trusted sources of information on the industry, and it clearly demonstrates the organisation’s role as the premier knowledge centre for the North American polyurethanes industry,” said Lee Salamone, Senior Director, CPI. “The past two years have seen strong performance in our industry, thanks to the many dedicated professionals who continue to innovate high performance products for North American consumers. This is an exciting time in the polyurethanes industry.”
The survey provides a breakdown of raw material consumption for polyurethane markets in the USA, Canada and Mexico by type and by major end-use market for each country over a two-year period, as well as historic trends, market drivers and key issues.
“This survey is invaluable information for anyone in the polyurethanes industry who needs to know how people are using our products,” Salamone added. The survey contains more than 300 pages of information and analysis as well as data tables, charts and graphs.