Global Sponge Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Sponge Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Sponge, a porous material with good water absorption, can be used for cleaning goods.Currently, the main material of sponge on the market is polyurethane, which generally refers to the low density PU with foam density lower than 18 kg/m3.This kind of material flexibility is good, basically apply at all sorts of hot material, cushion material, the cushion for leaning on and armrest of sofa chair of car boat and furniture, cushion for leaning on, mattress, clothing cushion.China"s demand for sponges increased to 2.06 million tons in 2018 from 1.64 million tons in 2014.It is estimated that under the support of the downstream industry, especially the soft furniture in China, the automobile industry under the influence of continuous high demand, with the rapid development of China"s economy, people"s requirements for household goods have been expanded from the single use to the comfort of the product, beautiful and multi-use characteristics.Because of polyurethane sponge with good air permeability, rebound elasticity and plasticity, material to design the software furniture with joint human body body, soft and breathable, high elastic characteristics of this kind of furniture has gradually become a residential, office buildings, commercial business premises such as building one of the indispensable thing, so the downstream demand growth is inevitable trend.We expect China"s demand for sponges to continue to grow at a compound annual rate of 6% over the next six years.In terms of production areas, east and south China are the largest sponge production base, followed by north China, where the three regions account for 79% of the market. This is mainly because these regions are close to or have been the manufacturing sites of traditional household products.China"s overall upstream polyurethane industry has been very mature, polyether polyols, MDI, TDI overcapacity, therefore, China made sponge has a great advantage, coupled with low labor costs, make China made sponge in the world has a strong competitiveness.At present, the sponge manufacturing industry in China is relatively scattered and lacks industry giants. Meanwhile, there are still a large number of small and micro manufacturers in the market.The dispersion of industries leads to the lack of corresponding industry standards and access system.As a result, the good and bad products in the sponge industry in China are interchangeable, which greatly weakens the competitiveness of the whole industry in the international market.At present, the larger market is shengnuo, henan jibaijia industry, fengsheng international group.They have a unified feature is that they have an excellent downstream industry chain.It is expected that in the future, sponge processing as a household, the phenomenon of seat manufacturers will be more common.

According to our (Global Info Research) latest study, the global Sponge market size was valued at US$ 6877 million in 2023 and is forecast to a readjusted size of USD 9566 million by 2030 with a CAGR of 4.9% during review period.

In China, Sponge key players include Sinomax Group, Henan Jiabaijia, Fengsheng International Group, Xinxiang Xinyuan Chemical Industry Co.,Ltd., etc. Global top four manufacturers hold a share about 10%.

East China is the largest market, with a share about 30%, followed by South China, and North China, both have a share about 45 percent.

In terms of product, Ordinary Sponge is the largest segment, with a share about 45%. And in terms of application, the largest application is Upholstered Furniture, followed by Automation, Clothing and Footwear, Daily Necessities, etc.

This report is a detailed and comprehensive analysis for global Sponge market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Sponge market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2019-2030

Global Sponge market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2019-2030

Global Sponge market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2019-2030

Global Sponge market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Sponge

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Sponge market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sinomax Group, Henan Jiabaijia, Fengsheng International Group, Xinxiang Xinyuan Chemical Industry Co.,Ltd., Chiao Fu Enterprise Co., Ltd, Jiangsu Lvyuan, Shenzhen Zhongshenfeng Technology Co., LTD, Dongguan Hengying Sponge Products, Shanghai Xinyuan New Materials Technology Co.,Ltd., Langxi Taiji Sponge, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Sponge market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Ordinary Sponge
High Rebound Sponge
Slow Rebound Sponge
Others

Market segment by Application
Upholstered Furniture
Clothing and Footwear
Automation
Daily Necessities
Architecture and Decoration
Other

Major players covered
Sinomax Group
Henan Jiabaijia
Fengsheng International Group
Xinxiang Xinyuan Chemical Industry Co.,Ltd.
Chiao Fu Enterprise Co., Ltd
Jiangsu Lvyuan
Shenzhen Zhongshenfeng Technology Co., LTD
Dongguan Hengying Sponge Products
Shanghai Xinyuan New Materials Technology Co.,Ltd.
Langxi Taiji Sponge
Shenzhen Zhenyue Sponge Products Co.,Ltd.
Jiamei Technology
Dongyang Haijia Sponge Product
Gaomi Rongsheng Composition Material
Wenzhou Ruian Fangyuan Polyurethane Sponge
Dongguan Tengwei Sponge
JIHUA GROUP
Sleemon
CYHOME
Hubei Shifeng New Materials Co.,Ltd

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Sponge product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Sponge, with price, sales quantity, revenue, and global market share of Sponge from 2019 to 2024.

Chapter 3, the Sponge competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Sponge breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Sponge market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Sponge.

Chapter 14 and 15, to describe Sponge sales channel, distributors, customers, research findings and conclusion.