The global demand for Polyurethane Foam Market is presumed to reach the market size of nearly USD 115.03 BN by 2030 from USD 54.05 BN in 2022 with a CAGR of 9.9% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030.
Polyurethane Foam is a polymer foam synthesized from isocyanates and polyols. These foams have a cellular structure for a degree of resilience and compression, making them cushion-like. Polyurethane Foam is characteristic in bedding, automobile seats, furniture, packaging, and footwear. Apart from these, it is also used for electricity installation, hot and cold water piles, concrete shear wall buildings, ice plants, and the adhesion of insulation materials.
While the pandemic negatively impacted the market, the polyurethane foam market has achieved rapid growth recently with increased demand in end-user industries such as transportation, building, construction, automotive and more. However, strict environmental regulations for PU foams are affecting the growth in many regions. In the coming years, polyurethane foam could increase with opportunities in building insulation for energy conservation and increased automotive production in Asia Pacific.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of polyurethane foam. The growth and trends of Polyurethane Foam Industry provide a holistic approach to this study.
This section of the polyurethane foam market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Bedding & Furniture
This section covers the regional outlook, which accentuates current and future demand for the Polyurethane Foam market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Polyurethane Foam Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the polyurethane foam market include Bayer AG, Sekisui Chemicals, Trelleborg AG, Future Foam, Elliot Co., Reciticel, Woodbridge Group, Saint-Gobain S.A., Foamcraft Inc., UFP Technologies, Rogers Corp. The highly integrated players include BASF, Dow Chemical, Evonik, Huntsman, and Chemtura. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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