Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1370296
PUBLISHER: IMARC | PRODUCT CODE: 1370296
Polyurethane (PU) Foam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
PUBLISHED:
PAGES: 144 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
Abstract
Market Overview:
The global polyurethane (PU) foam market size reached US$ 48.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 71.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.
Polyurethane foam is a synthetic polymer that offers insulation and protection to materials against abrasion, temperature, moisture, impact and corrosion. It is commonly available in the spray, flexible and rigid forms and is primarily used as stuffing in beddings and furniture. It is hypoallergenic, non-toxic, does not degrade over time and can also rapidly react with moisture to expand and bond with the surfaces with high adhesion after application. Owing to this, it finds extensive applications across various other industries, including automotive, packaging, construction and electronics.
Significant growth in the construction industry, along with the rising product demand from the furnishing sector, is one of the key factors that is creating a positive outlook for the market. Furthermore, widespread adoption of flexible and semi-rigid polyurethane foams that are used with coatings, paints and adhesives in residential and commercial complexes is also contributing to the market growth. Additionally, various product innovations and the development of bio-based polyols that are used for manufacturing polyurethane foam and have minimal carbon emissions into the environment, are providing an impetus to the demand for this type of foam. Moreover, extensive utilization of polyurethane foam in the automotive industry is acting as another major growth-inducing factor. It is used in this industry for manufacturing light-weight automobile components, such as dashboards, airbags, armrests and other exterior parts, which further aids in enhancing the overall fuel-efficiency of the vehicle. Other factors, including rapid industrialization, along with increasing product demand from the packaging industry, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polyurethane (PU) foam market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on structure, product type, density and end-use industry.
Breakup by Structure:
Open Cell
Closed Cell
Breakup by Product Type:
Flexible Foam
Rigid Foam
Spray Foam
Breakup by Density:
Low Density
Medium Density
High Density
Breakup by End-Use Industry:
Bedding and Furniture
Building and Construction
Electronics
Automotive
Packaging
Footwear
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being BASF SE, Covestro AG, Foamcraft Inc., Future Foam Inc., Huntsman International LLC. (Indorama Ventures Public Company Limited), Recticel NV/SA, Rogers Corporation, Saint-Gobain S.A., Sekisui Chemical Co. Ltd., The Dow Chemical Company, Tosoh Corporation, UFP Technologies Inc. and Wanhua Chemical Group Co. Ltd.
Key Questions Answered in This Report
- 1. What was the size of the global polyurethane (PU) foam market in 2022?
- 2. What is the expected growth rate of the global polyurethane (PU) foam market during 2023-2028?
- 3. What are the key factors driving the global polyurethane (PU) foam market?
- 4. What has been the impact of COVID-19 on the global polyurethane (PU) foam market?
- 5. What is the breakup of the global polyurethane (PU) foam market based on the product type?
- 6. What is the breakup of the global polyurethane (PU) foam market based on the density?
- 7. What is the breakup of the global polyurethane (PU) foam market based on the end-use industry?
- 8. What are the key regions in the global polyurethane (PU) foam market?
- 9. Who are the key players/companies in the global polyurethane (PU) foam market?
Product Code: SR112023A2247
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Polyurethane (PU) Foam Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Structure
- 6.1 Open Cell
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Closed Cell
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Product Type
- 7.1 Flexible Foam
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Rigid Foam
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Spray Foam
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Density
- 8.1 Low Density
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Medium Density
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 High Density
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by End-Use Industry
- 9.1 Bedding and Furniture
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Building and Construction
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Electronics
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Automotive
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Packaging
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Footwear
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Others
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 BASF SE
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Covestro AG
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Foamcraft Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Future Foam Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Huntsman International LLC. (Indorama Ventures Public Company Limited)
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Recticel NV/SA
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Rogers Corporation
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 Saint-Gobain S.A.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.9 Sekisui Chemical Co. Ltd.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.10 The Dow Chemical Company
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Tosoh Corporation
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 UFP Technologies Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.13 Wanhua Chemical Group Co. Ltd.
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio
- 15.3.13.3 Financials
- 15.3.13.4 SWOT Analysis
- 15.3.1 BASF SE
Product Code: SR112023A2247
List of Figures
- Figure 1: Global: Polyurethane Foam Market: Major Drivers and Challenges
- Figure 2: Global: Polyurethane Foam Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Polyurethane Foam Market: Breakup by Structure (in %), 2022
- Figure 4: Global: Polyurethane Foam Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Polyurethane Foam Market: Breakup by Density (in %), 2022
- Figure 6: Global: Polyurethane Foam Market: Breakup by End-Use Industry (in %), 2022
- Figure 7: Global: Polyurethane Foam Market: Breakup by Region (in %), 2022
- Figure 8: Global: Polyurethane Foam Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 9: Global: Polyurethane Foam (Open Cell) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Polyurethane Foam (Open Cell) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Polyurethane Foam (Closed Cell) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Polyurethane Foam (Closed Cell) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Polyurethane Foam (Flexible Foam) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Polyurethane Foam (Flexible Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Polyurethane Foam (Rigid Foam) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Polyurethane Foam (Rigid Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Polyurethane Foam (Spray Foam) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Polyurethane Foam (Spray Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Polyurethane Foam (Low Density) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Polyurethane Foam (Low Density) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Polyurethane Foam (Medium Density) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Polyurethane Foam (Medium Density) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Polyurethane Foam (High Density) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Polyurethane Foam (High Density) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Polyurethane Foam (Bedding and Furniture) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Polyurethane Foam (Bedding and Furniture) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Polyurethane Foam (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Polyurethane Foam (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Polyurethane Foam (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Polyurethane Foam (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Polyurethane Foam (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Polyurethane Foam (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Polyurethane Foam (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Polyurethane Foam (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Polyurethane Foam (Footwear) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Polyurethane Foam (Footwear) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Polyurethane Foam (Other End-Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Polyurethane Foam (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: North America: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: North America: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: United States: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: United States: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Canada: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Canada: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Asia Pacific: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Asia Pacific: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: China: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: China: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Japan: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Japan: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: India: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: India: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: South Korea: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: South Korea: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Australia: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Australia: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Indonesia: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Indonesia: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Others: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Others: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Europe: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Europe: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Germany: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Germany: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: France: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: France: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: United Kingdom: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: United Kingdom: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Italy: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Italy: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Spain: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Spain: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Russia: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Russia: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Others: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Others: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Latin America: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Latin America: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Brazil: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Brazil: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Mexico: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Mexico: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Others: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Others: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Middle East and Africa: Polyurethane Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Middle East and Africa: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Global: Polyurethane (PU) Foam Industry: SWOT Analysis
- Figure 88: Global: Polyurethane (PU) Foam Industry: Value Chain Analysis
- Figure 89: Global: Polyurethane (PU) Foam Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Polyurethane Foam Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Polyurethane Foam Market Forecast: Breakup by Structure (in Million US$), 2023-2028
- Table 3: Global: Polyurethane Foam Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 4: Global: Polyurethane Foam Market Forecast: Breakup by Density (in Million US$), 2023-2028
- Table 5: Global: Polyurethane Foam Market Forecast: Breakup by End-Use Industry (in Million US$), 2023-2028
- Table 6: Global: Polyurethane Foam Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Polyurethane Foam Market Structure
- Table 8: Global: Polyurethane Foam Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.