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With a predicted CAGR of 6.8% from 2024–2031, the consumer foam market is expected to rise from an initial valuation of USD 38.19 billion in 2023 to a final valuation of USD 59.16 billion in 2031.
The consumer foam market is being propelled by the growth of end-use sectors such as bedding & furniture, consumer electronics, automotive, and sports & recreation in developing nations like as India, Thailand, and others. An exhaustive analysis of the market is given in the Global Consumer Foam Market study. The research provides an in-depth evaluation of the market's most important subsegments, trends, drivers, constraints, competitive landscape, and factors.
Automobiles, consumer electronics, and home appliances all rely heavily on consumer foams. The automotive sector mostly uses flexible foams for cushioning purposes. As one of the greatest insulating materials available, these foams are ideal for usage in electronics industry refrigerators and freezers. The shoe industry also makes extensive use of foam, including in the construction of shoe bottoms, midsoles, and uppers. Two distinct varieties of consumer foam Both rigid and flexible foam made of resin is available. A number of curing agents, a surfactant, a blowing agent, and several resins are mixed to produce the resin foam. The foaming and curing temperatures are greater than the blowing agent's boiling point. Flexible foam is a combination of many types of foam commonly used in cushion construction. TDI, polyols, additives, and blowing agents are used to make this specific kind of polymeric foam.
Because of its adaptability as a structural material, flexible foam finds usage in bedding and furniture. Sofas, mattresses, and other home furnishings are just a few examples of the various furniture items that can benefit from the versatility, light weight, and antimicrobial properties of flexible foam. As a result, consumer foam has found more uses in the furniture and bedding industries.
The availability and cost of raw materials, which impact product prices, are the main factors limiting the consumer foam market's growth. Benzene, toluene, polyol, and phosgene are the main ingredients of foam. Derivatives derived from petroleum are susceptible to changes in value. Conflicts and international military interventions in the Middle East, together with increasing global demand, caused oil prices to fluctuate wildly throughout 2018 and 2019.
Foam prices have been volatile in recent years due to changes in the cost of raw materials derived from petrochemicals. Environmental restrictions imposed by the US Environmental Protection Agency (EPA) on both new and existing plant sites involved in the production of flexible polyurethane foams have contributed to a tightening of supplies and an increase in raw material prices, as has the persistent worldwide demand for these products.
Bedding and furniture both make use of flexible foam because of its adaptability as a structural material. Sofas, mattresses, and a host of other household furnishings can benefit greatly from the usage of flexible foam. The properties of flexible foam, such as its low density, resistance to microbes, and malleability, allow it to be used in a variety of contexts. Bedding and furniture made from consumer foam have become increasingly popular as a result. The manufacturing of consumer foam utilizes the vast majority of polyols. As worries about the impact of plastics on the environment and the use of fossil fuels continue to rise, the consumer foam industry is actively seeking out more sustainable business practices. When compared to conventional polyols, bio-derived materials such as soy-based polyols have significant benefits in terms of both pricing and sustainability. In doing so, they reduce demand for petroleum-based basic materials. Producers of polyurethane foam have an opportunity to reduce the cost of their product while simultaneously decreasing their need on petroleum-based raw materials because to these factors.
The primary variables impeding the expansion of the consumer foam industry are the price and accessibility of raw materials, which impact the price structure of products. Foam is primarily made from four basic raw materials: benzene, toluene, polyol, and phosgene. The value of these petroleum-based derivatives might rise and fall. As a result of rising worldwide demand, unpredictability, and foreign military interference in the Middle East, oil prices were very volatile. The volatile price of raw materials derived from petrochemicals has had an effect on the foam industry in recent years. Raw material supplies have been tightened and prices have risen due to the US Environmental Protection Agency's (EPA) strict environmental rules for both new and existing plant locations involved in the production of flexible polyurethane foams. All of these things, plus the constant worldwide demand, main chemical capacity restrictions, and resin shortages, have played a role in these tendencies.
Report Coverage
Global Consumer Foam research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Consumer Foam report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Consumer Foam competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Consumer Foam market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Consumer Foam market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Consumer Foam market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, Covestro AG, Huntsman Corporation, INOAC Corporation, Recticel NV, Rogers Corporation, Sekisui Chemical Co. Ltd., The DOW Chemical Company, The Woodbridge Group, Ube Industries, Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Consumer Foam market based on the below-mentioned segments:
Global Consumer Foam Market, By Type
Rigid Foam
Flexible Foam
Global Consumer Foam market, By Application
Bedding & Furniture
Automotive
Consumer Electronics & Appliances
Footwear
Sports & Recreational Products
Others
Global Consumer Foam market, Regional Analysis
The consumer foam market is being propelled by the growth of end-use sectors such as bedding & furniture, consumer electronics, automotive, and sports & recreation in developing nations like as India, Thailand, and others. An exhaustive analysis of the market is given in the Global Consumer Foam Market study. The research provides an in-depth evaluation of the market's most important subsegments, trends, drivers, constraints, competitive landscape, and factors.
Automobiles, consumer electronics, and home appliances all rely heavily on consumer foams. The automotive sector mostly uses flexible foams for cushioning purposes. As one of the greatest insulating materials available, these foams are ideal for usage in electronics industry refrigerators and freezers. The shoe industry also makes extensive use of foam, including in the construction of shoe bottoms, midsoles, and uppers. Two distinct varieties of consumer foam Both rigid and flexible foam made of resin is available. A number of curing agents, a surfactant, a blowing agent, and several resins are mixed to produce the resin foam. The foaming and curing temperatures are greater than the blowing agent's boiling point. Flexible foam is a combination of many types of foam commonly used in cushion construction. TDI, polyols, additives, and blowing agents are used to make this specific kind of polymeric foam.
Because of its adaptability as a structural material, flexible foam finds usage in bedding and furniture. Sofas, mattresses, and other home furnishings are just a few examples of the various furniture items that can benefit from the versatility, light weight, and antimicrobial properties of flexible foam. As a result, consumer foam has found more uses in the furniture and bedding industries.
The availability and cost of raw materials, which impact product prices, are the main factors limiting the consumer foam market's growth. Benzene, toluene, polyol, and phosgene are the main ingredients of foam. Derivatives derived from petroleum are susceptible to changes in value. Conflicts and international military interventions in the Middle East, together with increasing global demand, caused oil prices to fluctuate wildly throughout 2018 and 2019.
Foam prices have been volatile in recent years due to changes in the cost of raw materials derived from petrochemicals. Environmental restrictions imposed by the US Environmental Protection Agency (EPA) on both new and existing plant sites involved in the production of flexible polyurethane foams have contributed to a tightening of supplies and an increase in raw material prices, as has the persistent worldwide demand for these products.
Bedding and furniture both make use of flexible foam because of its adaptability as a structural material. Sofas, mattresses, and a host of other household furnishings can benefit greatly from the usage of flexible foam. The properties of flexible foam, such as its low density, resistance to microbes, and malleability, allow it to be used in a variety of contexts. Bedding and furniture made from consumer foam have become increasingly popular as a result. The manufacturing of consumer foam utilizes the vast majority of polyols. As worries about the impact of plastics on the environment and the use of fossil fuels continue to rise, the consumer foam industry is actively seeking out more sustainable business practices. When compared to conventional polyols, bio-derived materials such as soy-based polyols have significant benefits in terms of both pricing and sustainability. In doing so, they reduce demand for petroleum-based basic materials. Producers of polyurethane foam have an opportunity to reduce the cost of their product while simultaneously decreasing their need on petroleum-based raw materials because to these factors.
The primary variables impeding the expansion of the consumer foam industry are the price and accessibility of raw materials, which impact the price structure of products. Foam is primarily made from four basic raw materials: benzene, toluene, polyol, and phosgene. The value of these petroleum-based derivatives might rise and fall. As a result of rising worldwide demand, unpredictability, and foreign military interference in the Middle East, oil prices were very volatile. The volatile price of raw materials derived from petrochemicals has had an effect on the foam industry in recent years. Raw material supplies have been tightened and prices have risen due to the US Environmental Protection Agency's (EPA) strict environmental rules for both new and existing plant locations involved in the production of flexible polyurethane foams. All of these things, plus the constant worldwide demand, main chemical capacity restrictions, and resin shortages, have played a role in these tendencies.
Report Coverage
Global Consumer Foam research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Consumer Foam report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Consumer Foam competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Consumer Foam market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF SE, Covestro AG, Huntsman Corporation, INOAC Corporation, Recticel NV, Rogers Corporation, Sekisui Chemical Co. Ltd., The DOW Chemical Company, The Woodbridge Group, Ube Industries, Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Consumer Foam Market from 2021 to 2031.
- Market Forecast for Consumer Foam Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Consumer Foam competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Consumer Foam
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Consumer Foam market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Consumer Foam market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, Covestro AG, Huntsman Corporation, INOAC Corporation, Recticel NV, Rogers Corporation, Sekisui Chemical Co. Ltd., The DOW Chemical Company, The Woodbridge Group, Ube Industries, Ltd.
Primary Target Market
- Market Players of Consumer Foam
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Consumer Foam market based on the below-mentioned segments:
Global Consumer Foam Market, By Type
Rigid Foam
Flexible Foam
Global Consumer Foam market, By Application
Bedding & Furniture
Automotive
Consumer Electronics & Appliances
Footwear
Sports & Recreational Products
Others
Global Consumer Foam market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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