About polurethane - Indian Polyurethane Association

PU TECH 2005

Nick Webster
Vice President, Europe
26 - 28 October 2005, Pragati Maidan New Delhi

Global Polyurethanes Demand

‘Other’ raw materials include: catalysts, surfactants, colorants, pigments, fillers, blowing agents and other additives

Source: Nexant

Global MDI Demand (‘000 tonnes)
Regional Split

	2002	2007	Growth Rate (% / year) 2002-2007
US	703	970	6.5
Western Europe	850	1020	3.7
Asia	744	1075	8.9
Rest of World	492	709	6.5
Total	2690	2824	6.7

Construction: Growth Drivers

Global Drivers - Insulation

India Drivers

Higher Energy Prices
More and better Insulation

.................................................................... Boardstock
Growth of commercial construction
market
Energy legislation and building codes
Highest R-value/inch
Substitution of polystyrene and mineral wool
....................................................................
Metal Faced Composite Panels/Discontinuous Panels
Fire legislation and building codes
Growth of the cold chain
Design freedom
Speed of construction
....................................................................
Pipe-in-Pipe
PU is the insulation of choice in District Central Heating applications
Energy Efficiency
Cost and speed of installation
....................................................................

Government investment in infrastructure
Growing industrial applications
Telecom boom requiring PU insulated shelters
Investment in retail chain
....................................................................

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Case Study 1
Energy conservation and insulation in Europe

	Energy Legislation	Inherent PU performance advantage
Energy Cost

Energy Conservation
30% annual CAGR for PUR Industry, economic, and society benefit	Improved Building Codes	Active industry lobbying

Case Study 2:
Damage control in Florida, US

Engineering studies in building science

Inherent PU performance advantage in installation, air infiltration and energy efficiency

Wind damage cost

Moisture damage

Industry growth over 40%/yr
Active Industry Lobbying
Societal benefits of reduced risk of property damage and better energy Un-vented Attic Spaces efficiency

Un-vented Attic Spaces

Active Industry Lobbying

In Summary

Asia region is a major driver of growth in polyurethanes demand
India is expected to become the third largest Asian market for MDI by 2015, offering extensive opportunities
Construction is central to the anticipated growth
The PU industry must take an active role in order to fully realise the potential of the opportunities provided