All updated as on -
The global polyurethane foam market was worth USD 42.13 billion in 2022 and is expected to reach USD 82.15 billion by 2030, expanding at a CAGR of 8.5% between 2023 and 2030.
Walls, roofs, doors, and windows can all benefit from polyurethane foam's insulating properties, which include keeping inside temperatures stable and lowering outside noise. It helps regulate air flow, heat transfer, and water resistance. It decreases carbon emissions without sacrificing the building's strength, stiffness, or durability. Due to its low cost, long lifespan, adaptability, and light weight, polyurethane (PU) foam is in high demand in the sports and recreation sector. Polyurethane is used in the lining of motorcycle and bicycle helmets to provide padding and absorb shock. It's a common component of protective gear like helmets and pads for athletes. The product is also commonly used as padding for mats in a variety of sports and activities, including gymnastics, wrestling, and martial arts. Rugby post protectors and tackle shields are two examples of the ways in which low to medium density high load-bearing products are put to use in the market to provide mechanical damping of unexpected impacts.
Polyurethane foam is a popular material and polymer with many applications. They can be found in two distinct types of foam: rigid and flexible. Insulation uses in the refrigeration and building industries frequently involve rigid foams. It can assist reduce energy expenditures and is energy efficient. End-use sectors like packing, furniture, bedding, and transportation rely heavily on flexible foams for cushioning purposes.
High recyclability and clean incineration for pollution filtration, waste reduction, and increased sustainability are just a few of the environmental benefits of this product. The use of isocyanates in PU manufacture has been controversial due to concerns over the health risks posed by these chemicals to workers and the surrounding community. Demand is expected to rise as more cars require interior and external components including dashboards, armrests, airbags, and so on. Specifically in Southeast Asian countries like India, Vietnam, Indonesia, and Thailand, the economy is strengthening, sovereign balance sheets are improving, and the demographic picture is encouraging. Due to benefits like high insulation value, polyurethane foams are ideally suited for usage in the roofing and wall systems of newly constructed homes, and as a result, their market share is expected to grow. Having them installed in a facility can help keep the temperature consistent and cut down on the noise. Strong industrial sector growth and a growing urban population in nations like India, Indonesia, Korea, the United Arab Emirates, and Qatar are expected to drive increased construction investment.
Products as diverse as electronics, glasses, and medical equipment all benefit from being packaged in polyurethane foam. The foam's softness and elasticity make it ideal for packing fragile, easily damaged items or those that are very sensitive to vibration. Flexible polyurethane foam's role in packaging is to absorb shock and protect the contents from being harmed in transit. Fragile objects of varying sizes and weights can be safely packaged in polyurethane foam because it is flexible, absorbs shock well, and quickly and reliably returns to its original shape after being deformed. Additionally, flexible foam can be easily moulded and sized for use as a brace, support, or packaging material.
Polyurethane packaging foam (PPF) is an affordable, custom-fit cushioning material that reliably keeps items in place during shipping. Such foams are used to properly transport and store a wide variety of products, including electrical and medical diagnostic equipment, delicate glassware, and massive industrial pieces. Electronics and home appliances like refrigerators, freezers, televisions, laptops, glassware, medical instruments, and more often come in packaging made of polyurethane foams. The expansion of these industries contributes to the demand for polyurethane foam packaging.
Most polyurethanes come from petroleum and other basic sources. Because of this, they burn easily and react badly with solvents, accelerating their degradation and releasing toxic byproducts. In addition, there is evidence to suggest that synthetic polyurethane foam contributes to environmental damage by being non-biodegradable. Manufacturers will incur costs associated with R&D and recycling facilities to counteract these influences, which will be reflected in higher final prices. Finally, the risks associated with PUF make it a less attractive choice for consumers interested in environmentally friendly goods, which acts as a drag on the polyurethane foam market.
Report Coverage
Global Polyurethane Foam research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Polyurethane Foam report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Polyurethane 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 Polyurethane 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 Polyurethane Foam market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Polyurethane 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
DowDuPont, Eurofoam Group, Saint-Gobain S.A., Woodbridge Group, Evonik, Bayer AG, LyondellBasell Industries, BASF SE, Arkema S.A., Rogers Corporation, Sekisui Chemical Co. Ltd., Foamcraft, Inc., Ineos Group AG, UFP Technologies, Inc., Chemtura Corporation, Covestro AG, Nitto Denko Corporation, and Nippon Polyurethane Industry Co., Ltd., The Dow Chemical Company, Huntsman Corporation, Recticel NV, Armacell International S.A., Future Foam, Inc., Carpenter Co., Vita Group, Zotefoams plc, Wanhua Chemical Group Co., Ltd., Trelleborg AB
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Polyurethane Foam market based on the below-mentioned segments:
Global Polyurethane Foam Market, By Type
Rigid Foam
Flexible Foam
Spray Foam
Global Polyurethane Foam market, By Application
Bedding
Furniture
Building & Construction
Automotive
Electronic
Others (Footwear, Packaging, Textiles & Apparel, Transportation.)
Global Polyurethane Foam market, Regional Analysis
Walls, roofs, doors, and windows can all benefit from polyurethane foam's insulating properties, which include keeping inside temperatures stable and lowering outside noise. It helps regulate air flow, heat transfer, and water resistance. It decreases carbon emissions without sacrificing the building's strength, stiffness, or durability. Due to its low cost, long lifespan, adaptability, and light weight, polyurethane (PU) foam is in high demand in the sports and recreation sector. Polyurethane is used in the lining of motorcycle and bicycle helmets to provide padding and absorb shock. It's a common component of protective gear like helmets and pads for athletes. The product is also commonly used as padding for mats in a variety of sports and activities, including gymnastics, wrestling, and martial arts. Rugby post protectors and tackle shields are two examples of the ways in which low to medium density high load-bearing products are put to use in the market to provide mechanical damping of unexpected impacts.
Polyurethane foam is a popular material and polymer with many applications. They can be found in two distinct types of foam: rigid and flexible. Insulation uses in the refrigeration and building industries frequently involve rigid foams. It can assist reduce energy expenditures and is energy efficient. End-use sectors like packing, furniture, bedding, and transportation rely heavily on flexible foams for cushioning purposes.
High recyclability and clean incineration for pollution filtration, waste reduction, and increased sustainability are just a few of the environmental benefits of this product. The use of isocyanates in PU manufacture has been controversial due to concerns over the health risks posed by these chemicals to workers and the surrounding community. Demand is expected to rise as more cars require interior and external components including dashboards, armrests, airbags, and so on. Specifically in Southeast Asian countries like India, Vietnam, Indonesia, and Thailand, the economy is strengthening, sovereign balance sheets are improving, and the demographic picture is encouraging. Due to benefits like high insulation value, polyurethane foams are ideally suited for usage in the roofing and wall systems of newly constructed homes, and as a result, their market share is expected to grow. Having them installed in a facility can help keep the temperature consistent and cut down on the noise. Strong industrial sector growth and a growing urban population in nations like India, Indonesia, Korea, the United Arab Emirates, and Qatar are expected to drive increased construction investment.
Products as diverse as electronics, glasses, and medical equipment all benefit from being packaged in polyurethane foam. The foam's softness and elasticity make it ideal for packing fragile, easily damaged items or those that are very sensitive to vibration. Flexible polyurethane foam's role in packaging is to absorb shock and protect the contents from being harmed in transit. Fragile objects of varying sizes and weights can be safely packaged in polyurethane foam because it is flexible, absorbs shock well, and quickly and reliably returns to its original shape after being deformed. Additionally, flexible foam can be easily moulded and sized for use as a brace, support, or packaging material.
Polyurethane packaging foam (PPF) is an affordable, custom-fit cushioning material that reliably keeps items in place during shipping. Such foams are used to properly transport and store a wide variety of products, including electrical and medical diagnostic equipment, delicate glassware, and massive industrial pieces. Electronics and home appliances like refrigerators, freezers, televisions, laptops, glassware, medical instruments, and more often come in packaging made of polyurethane foams. The expansion of these industries contributes to the demand for polyurethane foam packaging.
Most polyurethanes come from petroleum and other basic sources. Because of this, they burn easily and react badly with solvents, accelerating their degradation and releasing toxic byproducts. In addition, there is evidence to suggest that synthetic polyurethane foam contributes to environmental damage by being non-biodegradable. Manufacturers will incur costs associated with R&D and recycling facilities to counteract these influences, which will be reflected in higher final prices. Finally, the risks associated with PUF make it a less attractive choice for consumers interested in environmentally friendly goods, which acts as a drag on the polyurethane foam market.
Report Coverage
Global Polyurethane Foam research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Polyurethane Foam report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Polyurethane 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 Polyurethane Foam market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | DowDuPont, Eurofoam Group, Saint-Gobain S.A., Woodbridge Group, Evonik, Bayer AG, LyondellBasell Industries, BASF SE, Arkema S.A., Rogers Corporation, Sekisui Chemical Co. Ltd., Foamcraft, Inc., Ineos Group AG, UFP Technologies, Inc., Chemtura Corporation, Covestro AG, Nitto Denko Corporation, and Nippon Polyurethane Industry Co., Ltd., The Dow Chemical Company, Huntsman Corporation, Recticel NV, Armacell International S.A., Future Foam, Inc., Carpenter Co., Vita Group, Zotefoams plc, Wanhua Chemical Group Co., Ltd., Trelleborg AB |
| 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 Polyurethane Foam Market from 2021 to 2030.
- Market Forecast for Polyurethane Foam Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Polyurethane Foam competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Polyurethane Foam
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Polyurethane Foam market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Polyurethane 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
DowDuPont, Eurofoam Group, Saint-Gobain S.A., Woodbridge Group, Evonik, Bayer AG, LyondellBasell Industries, BASF SE, Arkema S.A., Rogers Corporation, Sekisui Chemical Co. Ltd., Foamcraft, Inc., Ineos Group AG, UFP Technologies, Inc., Chemtura Corporation, Covestro AG, Nitto Denko Corporation, and Nippon Polyurethane Industry Co., Ltd., The Dow Chemical Company, Huntsman Corporation, Recticel NV, Armacell International S.A., Future Foam, Inc., Carpenter Co., Vita Group, Zotefoams plc, Wanhua Chemical Group Co., Ltd., Trelleborg AB
Primary Target Market
- Market Players of Polyurethane 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 2030. INFINITIVE DATA EXPERT has segmented the global Polyurethane Foam market based on the below-mentioned segments:
Global Polyurethane Foam Market, By Type
Rigid Foam
Flexible Foam
Spray Foam
Global Polyurethane Foam market, By Application
Bedding
Furniture
Building & Construction
Automotive
Electronic
Others (Footwear, Packaging, Textiles & Apparel, Transportation.)
Global Polyurethane 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
You will get in-depth and extensive polyurethane foam market market research and competitor analysis for your business to help you develop more profound insights into the polyurethane foam market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the polyurethane foam market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.