Polymer foam market size to increase by USD 26.95 billion from 2022 to 2027: APAC to account for 47% of market growth - Technavio

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Feb 21, 2023, 03:30 ET

NEW YORK, Feb. 21, 2023 /PRNewswire/ -- The Polymer Foam Market by Type, Application, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 26.95 billion between 2022 and 2027 at a CAGR of 4.63%. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 96.21 billion. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download A PDF Sample Report

Technavio has announced its latest market research report titled Global Polymer Foam Market 2023-2027

Regional analysis

By region, the polymer foam market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. APAC will account for 47% of market growth during the forecast period. The market in APAC is driven by factors such as population growth, economic growth, and rising disposable incomes, especially in countries like India, the Philippines, Malaysia, and China. Furthermore, a rise in demand for food and beverages, alcoholic beverages, and pharmaceuticals is expected to increase the market share in APAC during the forecast period. Buy the report

Company profiles

The polymer foam market report includes information on the key products and recent developments of leading vendors, including:

DOW Inc. - The company offers polymer foam with advanced features such as lightweight, heat insulation, shock-absorbing properties, moldability and non-absorption.
Armacell International SA - The company offers polymer foam that allows it to convert waste material into a high-quality resource.
Borealis AG - The company offers polymer foam that is used in the automotive and furniture industries for producing steering wheels, gear shift knobs, seat shells, and armrests.

Market dynamics

The market is driven by factors such as growth in the bedding and furniture industry, growth in the building and construction industry, and accelerating demand for rigid foams. However, the environmental hazards due to the manufacture and application of polyurethane (PU) will restrict the market growth.

Competitive analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market segmentation

Based on type, the market is segmented into PU, PS, PVC, phenolic, and others. The PU segment accounted for the largest share of the market in 2022.

Based on geography, the market is segmented into APAC, North America, Europe, Middle East and Africa, and South America.

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What are the key data covered in this polymer foam market Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the polymer foam market between 2023 and 2027
Precise estimation of the polymer foam market size and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the industry across APAC, North America, Europe, Middle East and Africa, and South America
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of polymer foam market vendors

Polymer Foam Market Scope
Report Coverage	Details
Page number	187
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 4.63%
Market growth 2023-2027	USD 26.95 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	3.86
Regional analysis	APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution	APAC at 47%
Key countries	US, China, Japan, India, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Arkema Group, Armacell International SA, Borealis AG, Dow Inc., Huntsman Corp., Lanxess AG, Mitsubishi Gas Chemical Co. Inc., Polymer Technologies Inc., RAG Stiftung, Recticel NV, Rogers Foam Corp., Toray Industries Inc., Tosoh Corp., Boyd Corp., Zotefoams Plc, BASF SE, Woodbridge Foam Corp., FXI, Mitsui Chemicals Inc, and Saudi Basic Industries Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global polymer foam market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global polymer foam market 2017 - 2021 ($ billion)

4.2 By Type Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – By Type Segment 2017 - 2021 ($ billion)

4.3 By Application Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – By Application Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments

Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

6.2 Comparison by Type

Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type

6.3 PU - Market size and forecast 2022-2027

Exhibit 34: Chart on PU - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on PU - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on PU - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on PU - Year-over-year growth 2022-2027 (%)

6.4 PS - Market size and forecast 2022-2027

Exhibit 38: Chart on PS - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on PS - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on PS - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on PS - Year-over-year growth 2022-2027 (%)

6.5 PVC - Market size and forecast 2022-2027

Exhibit 42: Chart on PVC - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on PVC - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on PVC - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on PVC - Year-over-year growth 2022-2027 (%)

6.6 Phenolic - Market size and forecast 2022-2027

Exhibit 46: Chart on Phenolic - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on Phenolic - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on Phenolic - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Phenolic - Year-over-year growth 2022-2027 (%)

6.7 Others - Market size and forecast 2022-2027

Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by Type

Exhibit 54: Market opportunity by Type ($ billion)

7 Market Segmentation by Application

7.1 Market segments

Exhibit 55: Chart on Application - Market share 2022-2027 (%)
Exhibit 56: Data Table on Application - Market share 2022-2027 (%)

7.2 Comparison by Application

Exhibit 57: Chart on Comparison by Application
Exhibit 58: Data Table on Comparison by Application

7.3 Packaging - Market size and forecast 2022-2027

Exhibit 59: Chart on Packaging - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Packaging - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Packaging - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Packaging - Year-over-year growth 2022-2027 (%)

7.4 Building and construction - Market size and forecast 2022-2027

Exhibit 63: Chart on Building and construction - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Building and construction - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Building and construction - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Building and construction - Year-over-year growth 2022-2027 (%)

7.5 Funiture and bedding - Market size and forecast 2022-2027

Exhibit 67: Chart on Funiture and bedding - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Data Table on Funiture and bedding - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Chart on Funiture and bedding - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Funiture and bedding - Year-over-year growth 2022-2027 (%)

7.6 Transportation - Market size and forecast 2022-2027

Exhibit 71: Chart on Transportation - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on Transportation - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on Transportation - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Transportation - Year-over-year growth 2022-2027 (%)

7.7 Others - Market size and forecast 2022-2027

Exhibit 75: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.8 Market opportunity by Application

Exhibit 79: Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 80: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 81: Chart on Market share by geography 2022-2027 (%)
Exhibit 82: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 83: Chart on Geographic comparison
Exhibit 84: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

Exhibit 85: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027

Exhibit 89: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027

Exhibit 93: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 97: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027

Exhibit 101: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 China - Market size and forecast 2022-2027

Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)

9.9 US - Market size and forecast 2022-2027

Exhibit 109: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 110: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 111: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on US - Year-over-year growth 2022-2027 (%)

9.10 Japan - Market size and forecast 2022-2027

Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.11 Germany - Market size and forecast 2022-2027

Exhibit 117: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 118: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 119: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 120: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.12 India - Market size and forecast 2022-2027

Exhibit 121: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 122: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 123: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 124: Data Table on India - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 125: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 126: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 127: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 128: Overview on factors of disruption

11.4 Industry risks

Exhibit 129: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 130: Vendors covered

12.2 Market positioning of vendors

Exhibit 131: Matrix on vendor position and classification

12.3 Arkema Group

Exhibit 132: Arkema Group - Overview
Exhibit 133: Arkema Group - Business segments
Exhibit 134: Arkema Group - Key news
Exhibit 135: Arkema Group - Key offerings
Exhibit 136: Arkema Group - Segment focus

12.4 Armacell International SA

Exhibit 137: Armacell International SA - Overview
Exhibit 138: Armacell International SA - Business segments
Exhibit 139: Armacell International SA - Key news
Exhibit 140: Armacell International SA - Key offerings
Exhibit 141: Armacell International SA - Segment focus

12.5 BASF SE

Exhibit 142: BASF SE - Overview
Exhibit 143: BASF SE - Business segments
Exhibit 144: BASF SE - Key news
Exhibit 145: BASF SE - Key offerings
Exhibit 146: BASF SE - Segment focus

12.6 Borealis AG

Exhibit 147: Borealis AG - Overview
Exhibit 148: Borealis AG - Business segments
Exhibit 149: Borealis AG - Key news
Exhibit 150: Borealis AG - Key offerings
Exhibit 151: Borealis AG - Segment focus

12.7 Dow Inc.

Exhibit 152: Dow Inc. - Overview
Exhibit 153: Dow Inc. - Business segments
Exhibit 154: Dow Inc. - Key news
Exhibit 155: Dow Inc. - Key offerings
Exhibit 156: Dow Inc. - Segment focus

12.8 Huntsman Corp.

Exhibit 157: Huntsman Corp. - Overview
Exhibit 158: Huntsman Corp. - Business segments
Exhibit 159: Huntsman Corp. - Key news
Exhibit 160: Huntsman Corp. - Key offerings
Exhibit 161: Huntsman Corp. - Segment focus

12.9 Lanxess AG

Exhibit 162: Lanxess AG - Overview
Exhibit 163: Lanxess AG - Business segments
Exhibit 164: Lanxess AG - Key offerings
Exhibit 165: Lanxess AG - Segment focus

12.10 Mitsubishi Gas Chemical Co. Inc.

Exhibit 166: Mitsubishi Gas Chemical Co. Inc. - Overview
Exhibit 167: Mitsubishi Gas Chemical Co. Inc. - Business segments
Exhibit 168: Mitsubishi Gas Chemical Co. Inc. - Key offerings
Exhibit 169: Mitsubishi Gas Chemical Co. Inc. - Segment focus

12.11 Polymer Technologies Inc.

Exhibit 170: Polymer Technologies Inc. - Overview
Exhibit 171: Polymer Technologies Inc. - Product / Service
Exhibit 172: Polymer Technologies Inc. - Key offerings

12.12 RAG Stiftung

Exhibit 173: RAG Stiftung - Overview
Exhibit 174: RAG Stiftung - Product / Service
Exhibit 175: RAG Stiftung - Key offerings

12.13 Recticel NV

Exhibit 176: Recticel NV - Overview
Exhibit 177: Recticel NV - Business segments
Exhibit 178: Recticel NV - Key offerings
Exhibit 179: Recticel NV - Segment focus

12.14 Rogers Foam Corp.

Exhibit 180: Rogers Foam Corp. - Overview
Exhibit 181: Rogers Foam Corp. - Product / Service
Exhibit 182: Rogers Foam Corp. - Key offerings

12.15 Toray Industries Inc.

Exhibit 183: Toray Industries Inc. - Overview
Exhibit 184: Toray Industries Inc. - Business segments
Exhibit 185: Toray Industries Inc. - Key offerings
Exhibit 186: Toray Industries Inc. - Segment focus

12.16 Tosoh Corp.

Exhibit 187: Tosoh Corp. - Overview
Exhibit 188: Tosoh Corp. - Business segments
Exhibit 189: Tosoh Corp. - Key offerings
Exhibit 190: Tosoh Corp. - Segment focus

12.17 Woodbridge Foam Corp.

Exhibit 191: Woodbridge Foam Corp. - Overview
Exhibit 192: Woodbridge Foam Corp. - Product / Service
Exhibit 193: Woodbridge Foam Corp. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 194: Inclusions checklist
Exhibit 195: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 196: Currency conversion rates for US$

13.4 Research methodology

Exhibit 197: Research methodology
Exhibit 198: Validation techniques employed for market sizing
Exhibit 199: Information sources

13.5 List of abbreviations

Exhibit 200: List of abbreviations

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