Europe One-Component Polyurethane Foam Market Forecast to 2031 - Regional Analysis - by Raw Material, Application, and End Use

Description

List of Tables

The Europe one-component polyurethane foam market was valued at US$ 886.28 million in 2023 and is expected to reach US$ 1,415.36 million by 2031; it is estimated to register a CAGR of 6.0% from 2023 to 2031.

Soaring Demand from Automotive and Packaging Industries Drives Europe One-Component Polyurethane Foam Market

The automotive and packaging industries are major end-use industries of one-component polyurethane foam. In the automotive industry, one-component polyurethane foam is used to provide sound and vibration dampening, seal joints or cavities to prevent water and oil penetration and provide energy absorption in case of a crash. The automotive industry is growing in various countries across the world due to factors such as the transition toward electric vehicles, economic growth, increasing population, government support for automotive production, and rising investments in the industry. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the global sales of passenger cars increased from 84.8 million in 2022 to 93.5 million in 2023.

In the UK, the automotive industry is a vital part of the country's economy. According to the Society of Motor Manufacturers and Traders Limited, over 775,014 cars, 101,600 commercial vehicles, and 1.5 million engines were built in the country in 2022. Further, in Germany, the automotive industry is the major contributor to the country's economy. The automobile manufacturers in the country produced over 15.6 million vehicles in 2021. The OEMs of passenger cars and light commercial vehicles in the country generated foreign market revenue of almost EUR 274 billion (~US$ 293 billion) in 2021, a 10% increase compared to 2020.

One-component polyurethane foam, with its excellent cushioning properties and high durability, provides an ideal material for protecting fragile and valuable items, reducing the risk of damage. The growing packaging industry is poised to drive the demand for one-component polyurethane foam significantly. The surge in e-commerce and online shopping has led to an unprecedented increase in the volume of packages being shipped worldwide. This boom necessitates robust and efficient packaging solutions to ensure product safety during transit. Therefore, the strong growth of the automotive industry and packaging in various countries across the world is driving the demand for one-component polyurethane foam.

Europe One-Component Polyurethane Foam Market Overview

According to the FIEC - European Construction Industry Federation, the volume of construction works increased by 15.1% in December 2022 as compared with December 2021. The construction industry stands as a primary driver, propelled by stringent regulations aimed at enhancing energy efficiency in buildings. With a rising focus on reducing carbon emissions and improving insulation standards, polyurethane foam is a versatile solution for effectively sealing gaps and insulating structures. Its ability to create airtight seals and provide superior thermal insulation makes it a preferred choice for builders and contractors seeking sustainable construction materials.

The automotive industry contributes notably to the GDPs of several European countries, including Germany, the UK, and Italy. According to a report by the European Commission, the automotive industry turnover accounts for 7% of the region's total GDP. The region has several prominent automotive players, including Volkswagen AG, Stellantis NV, Mercedes-Benz Group AG, Bayerische Motoren Werke AG, and Renault SA. As consumer preferences shift toward quieter and more comfortable vehicles, automakers are increasingly integrating polyurethane foam for soundproofing and vibration-dampening purposes. Additionally, the lightweight properties of polyurethane foam aid in enhancing fuel efficiency, aligning with the industry's goals of reducing environmental impact and meeting stringent emission standards.

The packaging industry is also driving demand for polyurethane foam as companies seek innovative solutions to protect goods during transportation and storage. With the rise of e-commerce and the need for secure packaging solutions, polyurethane foam's ability to provide cushioning and shock absorption ensures the safe delivery of fragile items to consumers. Its versatility allows for customization to fit several packaging requirements, further enhancing its appeal across the supply chain. Thus, the Europe one-component polyurethane foam market is witnessing robust growth, fueled by a convergence of factors mentioned above.

Europe One-Component Polyurethane Foam Market Revenue and Forecast to 2031 (US$ Million)

Europe One-Component Polyurethane Foam Market Segmentation

The Europe one-component polyurethane foam market is categorized into raw material, application, end use, and country.

Based on raw material, the Europe 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 Europe one-component polyurethane foam market share in 2023.

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

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

By country, the Europe one-component polyurethane foam market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe one-component polyurethane foam market share in 2023.

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

Product Code: BMIRE00031312

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. Europe 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
- 4.3.5 List of Vendors in the Value Chain

5. Europe 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 - Europe Market Analysis

6.1 Europe One-Component Polyurethane Foam Market Volume (Kilo Tons), 2021-2031
6.2 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. Europe 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. Europe 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. Europe 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. Europe One-Component Polyurethane Foam Market - Country Analysis

10.1 Europe
- 10.1.1 Europe One-Component Polyurethane Foam Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 10.1.1.1 Europe One-Component Polyurethane Foam Market Volume and Forecast and Analysis - by Country
  - 10.1.1.2 Europe One-Component Polyurethane Foam Market Revenue and Forecast and Analysis - by Country
  - 10.1.1.3 Germany One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.3.1 Germany One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.3.2 Germany One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.3.3 Germany One-Component Polyurethane Foam Market Breakdown by End-use
  - 10.1.1.4 France One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.4.1 France One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.4.2 France One-Component Polyurethane Foam Market Breakdown by Application
  - 10.1.1.5 Italy One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.5.1 Italy One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.5.2 Italy One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.5.3 Italy One-Component Polyurethane Foam Market Breakdown by End-use
  - 10.1.1.6 United Kingdom One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.6.1 United Kingdom One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.6.2 United Kingdom One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.6.3 United Kingdom One-Component Polyurethane Foam Market Breakdown by End-use
  - 10.1.1.7 Russian Federation One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.7.1 Russian Federation One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.7.2 Russian Federation One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.7.3 Russian Federation One-Component Polyurethane Foam Market Breakdown by End-use
  - 10.1.1.8 Rest of Europe One-Component Polyurethane Foam Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.8.1 Rest of Europe One-Component Polyurethane Foam Market Breakdown by Raw Material
    - 10.1.1.8.2 Rest of Europe One-Component Polyurethane Foam Market Breakdown by Application
    - 10.1.1.8.3 Rest of Europe 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 Selena Group
- 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 BOSTIK BENELUX B.V. (Den Braven)
- 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 Tremco CPG Inc.
- 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 Soudal Group
- 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

14. Appendix

14.1 About The Insight Partners