Polyurethane demand is good but not stratospheric

摘要

"Growth will continue in all regions, but I think stratospheric growth is unreasonable to expect," Robert Outram, consultant with IAL, told delegates at the UTECH Europe plenary session. He continued: "We are possibly seeing double-digit growth in Asia," but he warned even the emerging markets are affected by the Eurozone and the US recession. This means that growth figures of 18 to 20% are not going to happen, Growth will continue at a few percentage points above GDP. He continued: "The market fundamentals are good, there is a lot of growth left when per capita consumption rates are considered. At the moment key growth areas are spray foam, viscoelastic foam, the refrigeration and cold chain, thermal insulation and slabstock as well are seeing quite good growth there too," he said.