South & Central America One-Component Polyurethane Foam Market Forecast to 2031 - Regional Analysis - by Raw Material, Application, and End Use

Description

List of Tables

The South & Central America one-component polyurethane foam market was valued at US$ 303.09 million in 2023 and is expected to reach US$ 410.87 million by 2031; it is estimated to register a CAGR of 3.9% from 2023 to 2031.

Advancements in Product Technology Fuel South & Central America One-Component Polyurethane Foam Market

Innovations in formulation and application techniques have significantly enhanced the performance characteristics of polyurethane foam, making it more versatile and efficient. Modern one-component polyurethane foams are engineered to offer superior adhesion, faster curing times, and improved thermal and acoustic insulation properties. These enhancements expand the foam's applicability across various industries, including construction, automotive, and packaging, driving broader market adoption. In the construction sector, technological advancements have led to the development of polyurethane foams with enhanced fire resistance and environmental sustainability. These new formulations meet stricter building codes and regulations, particularly in terms of fire safety and reduced emissions of VOCs. Such improvements make one-component polyurethane foams attractive for builders and contractors looking for reliable, compliant, and eco-friendly insulation and sealing solutions. The construction industry's shift toward sustainable building practices further amplifies the demand for advanced polyurethane foam products.

Furthermore, advancements in application technology that have improved dispensing equipment and automated application systems have streamlined the use of one-component polyurethane foam. These innovations reduce waste, enhance precision, and lower labor costs, making polyurethane foam a more cost-effective solution. The ability to apply the foam more efficiently and consistently is particularly advantageous in large-scale manufacturing and construction projects, where time and resource optimization are critical. Subsequently, the continuous technological progress in formulating and applying one-component polyurethane foam opens up new growth opportunities for the market.

South & Central America One-Component Polyurethane Foam Market Overview

The perceptible presence of automotive companies in Brazil and Argentina and the rising sales of vehicles are propelling the demand for one-component polyurethane foam in the region. According to the OICA, the total number of vehicles produced in South & Central America grew from ~2.96 million in 2022 to ~2.97 million in 2023, registering an increase of 9%. In addition, rising car ownership due to increased spending power and higher living standards is anticipated to boost the market for automotive refinishes. Moreover, major market players in the automotive industry have strategized the development and expansion of their operational capacities in South & Central America to tap the lucrative automotive market. For instance, in 2022, Audi AG invested US$ 19.2 million to restart production at its plant in Parana, Brazil, registering a capacity of 4,000 vehicles per year. This growing production of vehicles is boosting the demand for one-component polyurethane foam in the region.

The construction industry in the region is flourishing, driven by urbanization, population growth, and infrastructure development. One-component polyurethane foam is widely utilized in construction for insulation, sealing, and filling gaps, offering cost-effective and efficient solutions for builders and contractors. Thus, the growing automotive production, along with the rising construction industry, is driving the one-component polyurethane foam market in South & Central America.

South & Central America One-Component Polyurethane Foam Market Revenue and Forecast to 2031 (US$ Million)

South & Central America One-Component Polyurethane Foam Market Segmentation

The South & Central America one-component polyurethane foam market is categorized into raw material, application, end use, and country.

Based on raw material, the South & Central America one-component polyurethane foam market is divided into methylene diphenyl diisocyanate, toluene diisocyanate, polyether polyols, polyester polyols, and others. The polyether polyols segment held the largest South & Central America one-component polyurethane foam market share in 2023.

In terms of application, the South & Central America one-component polyurethane foam market is segmented into construction, insulation, packaging, automotive, and others. The construction segment held the largest South & Central America one-component polyurethane foam market share in 2023.

By end use, the South & Central America one-component polyurethane foam market is bifurcated into residential and commercial. The commercial segment held a larger South & Central America one-component polyurethane foam market share in 2023.

By country, the South & Central America one-component polyurethane foam market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America one-component polyurethane foam market share in 2023.

Henkel AG & Co KGaA, Sika AG, The Dow Chemical Co, BASF SE, Huntsman Corp, Industrial Products LTD, BOSTIK BENELUX B.V. (Den Braven), Selena Group, Tremco CPG Inc., and Soudal Group are some of the leading companies operating in the South & Central America one-component polyurethane foam market.

Product Code: BMIRE00031315

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. South & Central America One-Component Polyurethane Foam Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Threat of Substitutes:
- 4.2.3 Bargaining Power of Buyers:
- 4.2.4 Bargaining Power of Suppliers:
- 4.2.5 Competitive Rivalry:
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors or Suppliers
- 4.3.4 End-Use Industry

5. South & Central America One-Component Polyurethane Foam Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rapid Growth in Residential Construction Sector
- 5.1.2 Soaring Demand from Automotive and Packaging Industries
5.2 Market Restraints
- 5.2.1 Stringent Government Regulations
5.3 Market Opportunities
- 5.3.1 Advancements in Product Technology
5.4 Future Trends
- 5.4.1 Rising Demand for Sustainable and Environment-Friendly Foam
5.5 Impact of Drivers and Restraints:

6. One-Component Polyurethane Foam Market - South & Central America Market Analysis

6.1 South & Central America One-Component Polyurethane Foam Market Volume (Kilo Tons), 2021-2031
6.2 South & Central America One-Component Polyurethane Foam Market Volume Forecast and Analysis (Kilo Tons)
6.3 One-Component Polyurethane Foam Market Revenue (US$ Million), 2023-2031
6.4 One-Component Polyurethane Foam Market Forecast and Analysis

7. South & Central America One-Component Polyurethane Foam Market Revenue Analysis - by Raw Material

7.1 MDI (Methylene Diphenyl Diisocyanate)
- 7.1.1 Overview
- 7.1.2 MDI (Methylene Diphenyl Diisocyanate): One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
7.2 TDI (Toluene Diisocyanate)
- 7.2.1 Overview
- 7.2.2 TDI (Toluene Diisocyanate): One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Polyether Polyols
- 7.3.1 Overview
- 7.3.2 Polyether Polyols: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Polyester Polyols
- 7.4.1 Overview
- 7.4.2 Polyester Polyols: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)

8. South & Central America One-Component Polyurethane Foam Market Volume and Revenue Analysis - by Application

8.1 Construction
- 8.1.1 Overview
- 8.1.2 Construction: One-Component Polyurethane Foam Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.1.3 Construction: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Insulation
- 8.2.1 Overview
- 8.2.2 Insulation: One-Component Polyurethane Foam Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.2.3 Insulation: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Packaging
- 8.3.1 Overview
- 8.3.2 Packaging: One-Component Polyurethane Foam Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.3.3 Packaging: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Automotive
- 8.4.1 Overview
- 8.4.2 Automotive: One-Component Polyurethane Foam Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.4.3 Automotive: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: One-Component Polyurethane Foam Market - Volume and Forecast to 2031 (Kilo Tons)
- 8.5.3 Others: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)

9. South & Central America One-Component Polyurethane Foam Market Revenue Analysis - by End-use

9.1 Residential
- 9.1.1 Overview
- 9.1.2 Residential: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Commercial
- 9.2.1 Overview
- 9.2.2 Commercial: One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)

10. South & Central America One-Component Polyurethane Foam Market - Country Analysis

10.1 South and Central America
- 10.1.1 South and Central America One-Component Polyurethane Foam Market Breakdown by Key Countries, 2023 and 2031 (%)
  - 10.1.1.1 South and Central America One-Component Polyurethane Foam Market Volume and Forecast and Analysis - by Country
  - 10.1.1.2 South and Central America One-Component Polyurethane Foam Market Revenue and Forecast and Analysis - by Country
  - 10.1.1.3 Brazil One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.3.1 Brazil One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.3.2 Brazil One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.3.3 Brazil One-Component Polyurethane Foam Market Breakdown by End-use
  - 10.1.1.4 Argentina One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.4.1 Argentina One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.4.2 Argentina One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.4.3 Argentina One-Component Polyurethane Foam Market Breakdown by End-use
  - 10.1.1.5 Rest of South and Central America One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.5.1 Rest of South and Central America One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.5.2 Rest of South and Central America One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.5.3 Rest of South and Central America One-Component Polyurethane Foam Market Breakdown by End-use

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Henkel AG & Co KGaA
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Sika AG
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 The Dow Chemical Co
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 BASF SE
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Huntsman Corp
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Industrial Products LTD.
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Selena Group
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 BOSTIK BENELUX B.V. (Den Braven)
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Tremco CPG Inc.
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Soudal Group
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners