Global Polyurethane Foam Market 2024-2028

Global Polyurethane Foam Market 2024-2028

The polyurethane foam market is forecasted to grow by USD 23.14 bn during 2023-2028, accelerating at a CAGR of 8.12% during the forecast period. The report on the polyurethane foam market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for PU foams in furniture and bedding, rising demand for PU foams in China, and superior properties of PU foams.

Technavio's polyurethane foam market is segmented as below:

By Type

• Flexible PU foams
• Rigid PU foams
• Molded PU foams

By Application

• Furniture and bedding
• Building and construction
• Transport
• Appliances
• Others

By Geographical Landscape

• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the increased use of methylal and HFOs as alternatives to HFCs and HCFCs as one of the prime reasons driving the polyurethane foam market growth during the next few years. Also, the emergence of bio-based PU foams and rising production capacity for thermoplastic PU will lead to sizable demand in the market.

The report on the polyurethane foam market covers the following areas:

• Polyurethane foam market sizing
• Polyurethane foam market forecast
• Polyurethane foam market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyurethane foam market vendors that include All Foam Products Co., Armacell International SA, Changzhou Sanhe Plastic Rubber Co. Ltd., Clark Foam Products Corp., Dafa AS, FoamPartner Switzerland AG, INOAC Corp., Johnson Controls International Plc, JSP Ltd., Mitsui Chemicals Inc., Orlando Products Inc., PAR Group Ltd., Pregis LLC, PTI Rubber and Gaskets Inc., Rogers Foam Corp., Sealed Air Corp., Wisconsin Foam Products, Zotefoams plc, Hira Industries LLC, and Palziv Inc.. Also, the polyurethane foam market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inPUts from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The PUblisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.