PUBLISHER: The Business Research Company | PRODUCT CODE: 1927148
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927148
Polyurethane foam, a synthetic or man-made polymer containing urethane radicals, is utilized for insulating buildings and protecting materials from elemental factors that can lead to corrosion. This type of foam serves as padding for a diverse array of consumer and industrial products, including beds, furniture, automobile interiors, carpet underlay, and packaging.
The primary categories of polyurethane foams include rigid foam, flexible foam, and spray foam. Rigid foam, a form of insulation known as continuous insulation, is applied to the exterior of buildings. Various processes involved in its production include slab stock foam, molded foam, lamination, and spraying, with distinct density compositions such as low-density, medium-density, and high-density compositions. These polyurethane foams find applications in various sectors, including bedding and furniture, transportation, packaging, automotive, construction, electronics, footwear, and other diverse applications.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the polyurethane foam market by increasing costs of imported isocyanates, polyols, additives, and foam processing machinery. Construction and automotive industries in North America and Europe are most affected due to reliance on imported raw materials, while Asia-Pacific faces cost pressure on export-oriented foam products. These tariffs are raising manufacturing costs and influencing pricing structures. However, they are also encouraging local chemical production, regional foam manufacturing expansion, and innovation in bio-based polyurethane formulations.
The polyurethane foam market research report is one of a series of new reports from The Business Research Company that provides polyurethane foam market statistics, including polyurethane foam industry global market size, regional shares, competitors with a polyurethane foam market share, detailed polyurethane foam market segments, market trends and opportunities, and any further data you may need to thrive in the polyurethane foam industry. This polyurethane foam market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The polyurethane foam market size has grown strongly in recent years. It will grow from $57.26 billion in 2025 to $62.02 billion in 2026 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to growth of construction and housing projects, rising demand for furniture and bedding products, expansion of automotive interiors manufacturing, increasing use of insulation materials, availability of slabstock foam processes.
The polyurethane foam market size is expected to see strong growth in the next few years. It will grow to $86.17 billion in 2030 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing investments in green building construction, rising demand for electric vehicle insulation materials, expansion of sustainable furniture production, growing adoption of spray insulation solutions, increasing focus on recyclable foam materials. Major trends in the forecast period include increasing demand for energy-efficient insulation materials, rising use in automotive lightweighting applications, growing adoption of spray foam insulation, expansion of high-performance flexible foams, enhanced focus on comfort and durability.
The rising demand for automotive vehicles is expected to drive the growth of the polyurethane foam market going forward. An automotive vehicle refers to any self-propelled vehicle used for transportation on public roads or in other settings. Polyurethane foam is widely used in car seats and upholstery due to its excellent cushioning, comfort, and durability, providing a supportive and comfortable seating experience for both drivers and passengers. For example, in January 2024, according to MarkLines Co., Ltd., a Japan-based company providing information on the automobile industry, U.S. light vehicle sales increased by 13.0% in December 2023, reaching 1,454,597 units, with strong demand particularly for trucks and SUVs, which rose 15.7% compared to December 2022. For the full year, automotive sales grew by 12.3%, totaling 15,608,386 units, reflecting a robust recovery in consumer interest across multiple vehicle segments. Thus, growing automotive demand is fueling the polyurethane foam market.
Major players in the polyurethane market are concentrating on technological innovations, such as lightweight and durable polyurethane foam technologies specifically designed for potting and securing cells in electric vehicle (EV) batteries. These advanced materials are engineered to provide optimal support and protection for EV battery cells. For example, in April 2024, Huntsman Corporation, a U.S.-based manufacturer and marketer of chemical products for both consumers and industrial clients, launched a new series of lightweight and durable SHOKLESS polyurethane foam technologies aimed at potting and securing cells in EV batteries, offering enhanced thermal and structural protection. These innovations are intended to tackle industry challenges by providing flexible manufacturing options and robust performance, in response to the increasing demand for advanced solutions within the automotive sector.
In December 2023, Carpenter Co., a US-based polyurethane foam manufacturer, acquired the Engineered Foams business of Recticel SA/NV for approximately €450 million ($0.5 billion). Through this acquisition, Carpenter Co. aims to expand its engineered foam portfolio, strengthen its presence in specialty foam markets, enhance production capabilities, and drive long-term growth across North American and European operations. Recticel SA/NV, a Belgium-based company, specializes in high-performance polyurethane foam solutions for insulation, automotive, and industrial applications.
Major companies operating in the polyurethane foam market are BASF SE, Covestro AG, Huntsman Corporation, Dow Inc., Mitsui Chemicals, Inc., Recticel SA, Woodbridge Group, FXI Holdings, Inc., Sheela Foam Limited, Vita Group (The Vita Group), Carpenter Company, INOAC Corporation, Sekisui Chemical Co., Ltd., Armacell International S.A., UBE Corporation, Wanhua Chemical Group Co., Ltd., Saint-Gobain S.A., FoamPartner Group, Rogers Foam Corporation, Trelleborg AB
Asia-Pacific was the largest region in the polyurethane foam market in 2025. It is expected to be the fastest-growing region in the forecast period. The regions covered in the polyurethane foam market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the polyurethane foam market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The polyurethane foam market consists of sales of mattresses, furniture, automobile interiors, carpet padding, and packaging. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Polyurethane Foam Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses polyurethane foam market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for polyurethane foam ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The polyurethane foam market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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