India’s first Sustainable PU & Foam Expo Unveiling the Future of Sustainable Polyurethane Solutions
Media Fusion and Crain Communications, leading event organizers, announced India’s first sustainable Polyurethane & Foam Expo Show slated to take place at NESCO, Bombay Exhibition Center in Mumbai on 4-6th December 2024. This ground-breaking three-day exhibition and conference will bring together exhibitors and visitors including manufacturers, suppliers and buyers of sustainable foam and polyurethane materials, products, technologies & services under one roof. ISPUF serves as a catalyst, driving the industry towards its goal of reaching a market value of US$ 5.18 billion (approx. INR 43000 crores) by 2031, fueled by a compelling CAGR of 8.0% between 2024-2031.
Emphasizing on the growth of the industry, Mr. Matthew Barber, Global Events Director, Crain Communications said, “India's fast-growing foam and polyurethane market, along with its robust construction sector, underscores the significant potential of the ISPUF Expo. With the construction industry's market size estimated to reach $1.4 trillion by 2033, the demand for polyurethane foam is set to surge across key sectors. India's adoption of sustainable practices and the government's production-linked incentives (PLI) schemes for industrial manufacturing are further driving the polyurethane foam market growth. ISPUF Expo fosters dialogue and collaboration for a sustainable polyurethane industry, offering a platform to explore the latest trends and innovations in the sector. Building lasting partnerships at ISPUF shapes the industry's future.”
In line with the event's focus on sustainability, a roundtable discussion was held on 15th May in Mumbai, addressing critical issues concerning the construction sector's adoption of sustainable practices, particularly in utilizing polyurethane materials. The panelists included Mr. Vivek Mittal, Executive Director, Deloitte; Mr. Vinod Purohit, Chief Operating Officer, Cannon Indikos Machineries LLP; Mr. Raman Iyer, V.P. – Projects, Runwal Developers Pvt. Ltd.; Shri Aniruddha Nakhawa, National Hon. Gen. Treasurer-Elect, Builders' Association of India; Er. Tukaram Devkar, Deputy General Manager, Lloyd Insulations; Mr. Mahesh Bangad, Chairman-Architects, Engineers, & Surveyors Association; Mr. Sharma Ravikumar, Sustainability Consultant, Conserve Consultant; Mr. James Snodgrass, Editor, Urethanes Technology; Dr. Shraddha Jadhav, HOD, Department of Interior Spaces, Vishwakarma University, Pune.
ISPUF Expo 2024 promises to unveil the latest sustainable advancements across various sectors including Furniture, Automobile, Engine, Construction, Insulations, Footwear, Packaging, Chemicals, and others. As one of the most effective thermal insulation materials, polyurethane offers huge unrealised potential to reduce the energy used to heat and cool buildings. Previously seen as harder to recycle than some other polymer-based materials, more and more commercially viable innovations are emerging for the mechanical and chemical recycling of polyurethanes. With rising CO 2 emissions being the fundamental driver of global warming, many companies are using CO 2 to produce new raw materials for polyurethane. Bio-based polyols derived from natural raw materials including soya beans, caster beans and cashew nuts are becoming increasingly available as an alternative to fossil fuel derived polyols. In the automotive sector, innovative polyurethane materials are helping manufacturers to enhance vehicle sustainability and playing a key role in EV battery development.
All these innovations and more can be discovered at the UTECH India - Sustainable Foam and Polyurethane exhibition and conference.
Furthermore, the expo will showcase innovations in product sectors such as Antistatic Foam, Defoamers, Polyester Foam, Polyether Foam, Spray foam insulation, Specialist foam packaging, Molds, machinery & handling equipment, Casting & moulding technology, Robotics/materials handling equipment/control systems, Cutting equipment, and more.
