Rigid Polyurethane Foams Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, By Type, By Raw Material, By Application, By End User, By Region, Competition, 2020-2030F

Description

The Global Rigid Polyurethane Foams Market, valued at USD 3.15 Billion in 2024, is projected to experience a CAGR of 3.20% to reach USD 3.81 Billion by 2030. Rigid polyurethane foams are a class of thermoset polymer materials renowned for their closed-cell structure, offering superior thermal insulation, high strength-to-weight ratio, and excellent compressive resistance. Key drivers supporting market growth include the escalating global emphasis on energy efficiency in building and construction applications, where these foams significantly reduce energy consumption.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 3.15 Billion
Market Size 2030	USD 3.81 Billion
CAGR 2025-2030	3.2%
Fastest Growing Segment	Electrical and Electronics
Largest Market	Asia Pacific

Key Market Drivers

The Global Rigid Polyurethane Foams Market is significantly influenced by stringent energy efficiency regulations and the widespread adoption of green building standards. These regulatory frameworks and certification programs compel the construction sector to prioritize high-performance insulation solutions to reduce energy consumption and environmental impact. Rigid polyurethane foams, known for their superior thermal insulation properties, are critical in achieving the demanding energy performance targets set by various governments and industry bodies.

Key Market Challenges

The inherent volatility in raw material prices, particularly for polyols and isocyanates, presents a significant impediment to the growth of the Global Rigid Polyurethane Foams Market. These essential petrochemical derivatives are highly susceptible to fluctuations driven by crude oil market dynamics and broader geopolitical factors. Such price instability directly elevates production costs for manufacturers of rigid polyurethane foams, consequently compressing profit margins and introducing considerable uncertainty into business planning. The unpredictability of these critical input costs can deter investment in new capacity or expansion projects, thereby restraining overall market development.

Key Market Trends

The rigid polyurethane foams market is significantly influenced by increasing demand for bio-based and recycled content foams, aligning with global sustainability goals and circular economy principles. Manufacturers are actively pursuing innovations in chemical recycling and renewable resource integration. European Bioplastics projected global bioplastics production capacity to increase from approximately 2.47 million tonnes in 2024 to around 5.73 million tonnes by 2029, indicating a broader industry shift towards bio-based materials.

Key Market Players

Evonik Industries
BASF SE
SABIC
3M Company
Asahi Kasei Chemicals Corporation
Solvay SA
Sumitomo Chemical Co., Ltd
LyondellBasell Industries Holdings BV
Mitsubishi Chemical Corporation
Covestro AG

Report Scope:

In this report, the Global Rigid Polyurethane Foams Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Rigid Polyurethane Foams Market, By Type:

Sheets
Blocks
Molded

Rigid Polyurethane Foams Market, By Raw Material:

Di-isocyanates
Polyols

Rigid Polyurethane Foams Market, By Application:

Medical Imaging Equipment
Nuclear Containers
Refrigerator and Freezer
Thermal Insulation Systems
Tooling and Molds
Prototypes and Models
Cold Room
Dance Floors and Sports Flooring
Others

Rigid Polyurethane Foams Market, By End User:

Electrical and Electronics
Construction
Consumer Goods
Healthcare
Automotive, Sports
Furniture and Bedding
Others

Rigid Polyurethane Foams Market, By Region:

North America
Asia-Pacific
South America
Europe
MEA

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Rigid Polyurethane Foams Market.

Available Customizations:

Global Rigid Polyurethane Foams Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Rigid Polyurethane Foams Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Sheets, Blocks, Molded)
- 5.2.2. By Raw Material (Di-isocyanates, Polyols)
- 5.2.3. By Application (Medical Imaging Equipment, Nuclear Containers, Refrigerator and Freezer, Thermal Insulation Systems, Tooling and Molds, Prototypes and Models, Cold Room, Dance Floors, Sports Flooring, Others)
- 5.2.4. By End User (Electrical and Electronics, Construction, Consumer Goods, Healthcare, Automotive, Sports, Furniture, Bedding, Others)
- 5.2.5. By Region
- 5.2.6. By Company (2024)
5.3. Market Map

6. North America Rigid Polyurethane Foams Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Raw Material
- 6.2.3. By Application
- 6.2.4. By End User
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Rigid Polyurethane Foams Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Raw Material
    - 6.3.1.2.3. By Application
    - 6.3.1.2.4. By End User
- 6.3.2. Canada Rigid Polyurethane Foams Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Raw Material
    - 6.3.2.2.3. By Application
    - 6.3.2.2.4. By End User
- 6.3.3. Mexico Rigid Polyurethane Foams Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Raw Material
    - 6.3.3.2.3. By Application
    - 6.3.3.2.4. By End User

7. Europe Rigid Polyurethane Foams Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Raw Material
- 7.2.3. By Application
- 7.2.4. By End User
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Rigid Polyurethane Foams Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Raw Material
    - 7.3.1.2.3. By Application
    - 7.3.1.2.4. By End User
- 7.3.2. France Rigid Polyurethane Foams Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Raw Material
    - 7.3.2.2.3. By Application
    - 7.3.2.2.4. By End User
- 7.3.3. United Kingdom Rigid Polyurethane Foams Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Raw Material
    - 7.3.3.2.3. By Application
    - 7.3.3.2.4. By End User
- 7.3.4. Italy Rigid Polyurethane Foams Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Raw Material
    - 7.3.4.2.3. By Application
    - 7.3.4.2.4. By End User
- 7.3.5. Spain Rigid Polyurethane Foams Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Raw Material
    - 7.3.5.2.3. By Application
    - 7.3.5.2.4. By End User

8. Asia Pacific Rigid Polyurethane Foams Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Raw Material
- 8.2.3. By Application
- 8.2.4. By End User
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Rigid Polyurethane Foams Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Raw Material
    - 8.3.1.2.3. By Application
    - 8.3.1.2.4. By End User
- 8.3.2. India Rigid Polyurethane Foams Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Raw Material
    - 8.3.2.2.3. By Application
    - 8.3.2.2.4. By End User
- 8.3.3. Japan Rigid Polyurethane Foams Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Raw Material
    - 8.3.3.2.3. By Application
    - 8.3.3.2.4. By End User
- 8.3.4. South Korea Rigid Polyurethane Foams Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Raw Material
    - 8.3.4.2.3. By Application
    - 8.3.4.2.4. By End User
- 8.3.5. Australia Rigid Polyurethane Foams Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Raw Material
    - 8.3.5.2.3. By Application
    - 8.3.5.2.4. By End User

9. Middle East & Africa Rigid Polyurethane Foams Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Raw Material
- 9.2.3. By Application
- 9.2.4. By End User
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Rigid Polyurethane Foams Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Raw Material
    - 9.3.1.2.3. By Application
    - 9.3.1.2.4. By End User
- 9.3.2. UAE Rigid Polyurethane Foams Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Raw Material
    - 9.3.2.2.3. By Application
    - 9.3.2.2.4. By End User
- 9.3.3. South Africa Rigid Polyurethane Foams Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Raw Material
    - 9.3.3.2.3. By Application
    - 9.3.3.2.4. By End User

10. South America Rigid Polyurethane Foams Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Raw Material
- 10.2.3. By Application
- 10.2.4. By End User
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Rigid Polyurethane Foams Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Raw Material
    - 10.3.1.2.3. By Application
    - 10.3.1.2.4. By End User
- 10.3.2. Colombia Rigid Polyurethane Foams Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Raw Material
    - 10.3.2.2.3. By Application
    - 10.3.2.2.4. By End User
- 10.3.3. Argentina Rigid Polyurethane Foams Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Raw Material
    - 10.3.3.2.3. By Application
    - 10.3.3.2.4. By End User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Rigid Polyurethane Foams Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Evonik Industries
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. BASF SE
15.3. SABIC
15.4. 3M Company
15.5. Asahi Kasei Chemicals Corporation
15.6. Solvay SA
15.7. Sumitomo Chemical Co., Ltd
15.8. LyondellBasell Industries Holdings BV
15.9. Mitsubishi Chemical Corporation
15.10. Covestro AG