Polyurethane Foam Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Polyurethane Foam Market size is expected to reach $70.2 billion by 2030, rising at a market growth of 7.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 15,559.2 Kilo Tonnes, experiencing a growth of 6.9% (2019-2022).

The Flexible Foam segment is generating highest revenue in the Global Polyurethane Foam Market by Product in 2022; thereby, achieving a market value of $41.1 billion by 2030. The increased demand for comfort-driven products across various sectors and the versatility and customizable nature of flexible polyurethane foam positions it as a sought-after material in the market. As industries prioritize consumer satisfaction, durability, and customization, the demand for flexible polyurethane foam will remain upward, fostering innovation and driving market growth.

The Transportation segment is experiencing a CAGR of 7.2% during (2023 - 2030). The transportation segment's demand for polyurethane foam is propelled by its ability to meet various requirements such as comfort, safety, lightweight, and insulation across diverse modes of transportation. As the transportation industry continues to evolve, focusing on passenger comfort, safety, and efficiency, the role of polyurethane foam in providing innovative solutions for both automotive and aerospace applications is expected to continue expanding.

Full Report: https://www.kbvresearch.com/polyurethane-foam-market/

The Asia Pacific region dominated the Global Polyurethane Foam Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $31.4 billion by 2030. The Europe region is anticipated to grow at a CAGR of 7% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 7.4% during (2023 - 2030).

List of Key Companies Profiled

• Huntsman Corporation
• The Dow Chemical Company
• BASF SE
• Sekisui Chemical Co., Ltd.
• Saint-Gobain Group
• Rogers Corporation
• UFP Technologies, Inc.
• Trelleborg AB
• Future Foam, Inc.
• Foamcraft, Inc.

Polyurethane Foam Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Flexible Foam
• Rigid Foam

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Bedding & Furniture
• Transportation
• Construction
• Packaging
• Electronics
• Footwear
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA