25 March 2013 23:16 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS)--Polyurethanes (PU) markets in North America can expect steady growth in 2013, in line with the US economic recovery, sources said on Monday.
Growth is expected in major PU industries, although at different rates depending on downstream markets, the sources said on the sidelines of the International Petrochemical Conference (IPC).
Projections point to 3-5% growth for coatings, adhesives, sealants and elastomers (CASE) applications, as well as for rigid foam applications, the sources said.
A more significant 10-15% growth is expected for flexible foam, particularly on contribution from the high end memory foam line of mattresses, according to the sources.
The conference runs through Tuesday.
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