Global Polyurethane Foam Market, By Type (Flexible Foam, Rigid Foam, Spray Foam), Density Composition (Low-Density Polyurethane Foam, Medium-Density Polyurethane Foam, High-Density Polyurethane Foam), End-User (Bedding and Furniture, Building and Construction, Electronics, Automotive, Footwear, Packaging, Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the polyurethane foam market will witness a CAGR of 6.53% for the forecast period of 2021-2028 and is likely to reach at USD 105.66 billion by 2028.
Polyurethane foam is a polymer obtained by reacting diisocyanate and polyol. Polyurethane foam is generally referred to as PU foam or PUR foam for short. Polyurethane foam is utilized in providing insulation and protection to the materials from external sources that cause corrosion. The type of reagent or catalyst used with isocyanate in polyurethane foam production depends on the PU foam's application. There are three types of polyurethane foam available which includes rigid foam, flexible foam and spray foam.
The rise in number of various end-use industries and growth in the utilization of polyurethane foams in building insulations for energy conservation are the major drivers that will influence the growth of polyurethane foam market. Furthermore, adaptability and distinctive properties associated with polyurethane foams, high demand in the building and construction industry and growing home furnishing industry will accelerate the polyurethane foam market growth rate.
Also, increasing bio-based polyols and emerging new markets will provide beneficial opportunities for the growth of the polyurethane foam.
However, strict environmental regulations associated with the manufacturing of polyurethane foams and regulations on methylene chloride will hamper the growth of the polyurethane foam market. Pricing pressure on the manufacturers of polyurethane foam due to the high costs of raw material will challenge the polyurethane foam market growth rate.
This polyurethane foam market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on polyurethane foam market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polyurethane Foam Market Scope and Market Size
The polyurethane foam market is segmented on the basis of type, density composition and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the polyurethane foam market is segmented into flexible foam, rigid foam and spray foam.
- On the basis of density composition, the polyurethane foam market is segmented into low-density polyurethane foam, medium-density polyurethane foam and high-density polyurethane foam.
- On the basis of end-user, the polyurethane foam market is segmented into bedding and furniture, building and construction, electronics, automotive, footwear, packaging and others.
Polyurethane Foam Market Country Level Analysis
The polyurethane foam market is segmented on the basis of type, density composition and end-user.
The countries covered in the polyurethane foam market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the polyurethane foam market and will continue to flourish its dominance during the forecast period due to the rising demand from various end-use industries, rapid urbanization and high investments in construction, transportation and packaging industries. However, North America will continue to project the highest CAGR for this period because of the growing utilization of polyurethane foams in automobiles, bedding, and furniture sectors.
The country section of the polyurethane foam market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyurethane Foam Market Share Analysis
The polyurethane foam market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyurethane foam market.
The major players covered in the polyurethane foam market report are Dow, INOAC CORPORATION, Saint-Gobain, BASF SE, Eurofoam Group, Huntsman International LLC., Rogers Corporation, FoamPartner, NITTO DENKO CORPORATION., Wanhua, Polybit, Henkel AG & Co. KGAA, UFP Technologies, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Polyurethane Foam Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.