NEW YORK, Aug. 4, 2023 /PRNewswire/ -- The polyurethane foam market size is estimated to grow by USD 6.84 million tons from 2022 to 2027. The market will progress at a CAGR of 7.63% according to Technavio. Download a sample report now!
Polyurethane foam market Insights -
- Vendors: 15+, Including All Foam Products Co., Armacell International SA, Changzhou Sanhe Plastic Rubber Co. Ltd., Clark Foam Products Corp., Dafa AS, FoamPartner Switzerland AG, Hira Industries LLC, INOAC Corp., Johnson Controls International Plc., JSP Ltd., Mitsui Chemicals Inc., Orlando Products Inc., Palziv Inc., PAR Group Ltd., Pregis LLC, PTI Rubber and Gaskets Inc., Rogers Foam Corp., Sealed Air Corp., Wisconsin Foam Products, and Zotefoams Plc, among others
- Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
- Segments: Application (Furniture and bedding, Building and construction, Transport, Appliances, and Others), Type (Flexible PU foams, Rigid PU foams, and Molded PU foams), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)
To understand more about the polyurethane foam market, request a sample report
Polyurethane foam market - Company Insights
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including All Foam Products Co., Armacell International SA, Changzhou Sanhe Plastic Rubber Co. Ltd., Clark Foam Products Corp., Dafa AS, FoamPartner Switzerland AG, Hira Industries LLC, INOAC Corp., Johnson Controls International Plc., JSP Ltd., Mitsui Chemicals Inc., Orlando Products Inc., Palziv Inc., PAR Group Ltd., Pregis LLC, PTI Rubber and Gaskets Inc., Rogers Foam Corp., Sealed Air Corp., Wisconsin Foam Products, and Zotefoams Plc
Polyurethane foam market – Market Dynamics
Major Drivers -
- Increasing demand for PU foam in furniture and bedding is driving the market growth.
- PU foam is used in a variety of applications, including furniture and bedding, construction, and the automotive industry. They are used to make office chairs, stadium seats, spectator stands, carpets, luxury beds, and other furniture.
- Flexible PU foam is soft, durable, dimensionally stable, and provides support. They are widely used as cushioning materials and have many desirable physical properties such as low odor, lightweight, elasticity, and ability to recover quickly after compression.
- This is why flexible PU foam is often used in upholstered furniture and bedding.
Significant Trends -
- An emerging trend in the polyurethane foam market is the growing use of methylal and HFOs as alternatives to HFCs and HCFCs.
- Methylal is a clear, colorless, flammable liquid with a sweet smell and a relatively low boiling point.
- It is moderately soluble in water and miscible with the most common organic solvents. It is commonly used as a solvent in the manufacture of adhesives, resins, paint strippers, perfumes and protective coatings.
- Hence, the growing use of methylal and HFOs are examples of trends driving the growth of the polyurethane foam market during the forecast period.
Key Challenges -
- A primary challenge impeding the growth of the market is regulations on the use of blowing agents.
- HFCs, HCFCs, and HFOs. It is used as a blowing agent during the production of PU foam.
- The use of HFCs and HCFCs in the production of PU foam is prohibited. Many emerging economies, including China, India and Brazil, are seeking to ban ozone-depleting substances under the Montreal Protocol. Protocols vary by region.
- In the US, the Montreal Protocol is strictly enforced to protect the ozone layer from depletion by using toxic blowing agents such as HFCs and HCFCs. In addition, the Japanese government has implemented the Kyoto Protocol to make PU foam environmentally friendly.
- Similarly, in China, the ongoing HCFC phase-out has led to the use of low-GWP alternatives such as methylal and HFO. These protocols pose challenges for PU foam manufacturing companies and adversely affect the global PU foam market during the forecast period.
The polyurethane foam market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this polyurethane foam market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the polyurethane foam market between 2023 and 2027
- Precise estimation of the size of the polyurethane foam market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the polyurethane foam market across APAC, Europe, North America, 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 polyurethane foam market vendors
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Polyurethane foam market scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.63% |
Market growth 2023-2027 |
6.84 million tons |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
7.14 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 46% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
All Foam Products Co., Armacell International SA, Changzhou Sanhe Plastic Rubber Co. Ltd., Clark Foam Products Corp., Dafa AS, FoamPartner Switzerland AG, Hira Industries LLC, INOAC Corp., Johnson Controls International Plc., JSP Ltd., Mitsui Chemicals Inc., Orlando Products Inc., Palziv Inc., PAR Group Ltd., Pregis LLC, PTI Rubber and Gaskets Inc., Rogers Foam Corp., Sealed Air Corp., Wisconsin Foam Products, and Zotefoams Plc |
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, 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 Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- 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 (million t)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million t)
- 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 polyurethane foam market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global polyurethane foam market 2017 - 2021 (million t)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (million t)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 (million t)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (million t)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (million t)
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 Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Furniture and bedding - Market size and forecast 2022-2027
- Exhibit 34: Chart on Furniture and bedding - Market size and forecast 2022-2027 (million t)
- Exhibit 35: Data Table on Furniture and bedding - Market size and forecast 2022-2027 (million t)
- Exhibit 36: Chart on Furniture and bedding - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Furniture and bedding - Year-over-year growth 2022-2027 (%)
- 6.4 Building and construction - Market size and forecast 2022-2027
- Exhibit 38: Chart on Building and construction - Market size and forecast 2022-2027 (million t)
- Exhibit 39: Data Table on Building and construction - Market size and forecast 2022-2027 (million t)
- Exhibit 40: Chart on Building and construction - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Building and construction - Year-over-year growth 2022-2027 (%)
- 6.5 Transport - Market size and forecast 2022-2027
- Exhibit 42: Chart on Transport - Market size and forecast 2022-2027 (million t)
- Exhibit 43: Data Table on Transport - Market size and forecast 2022-2027 (million t)
- Exhibit 44: Chart on Transport - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Transport - Year-over-year growth 2022-2027 (%)
- 6.6 Appliances - Market size and forecast 2022-2027
- Exhibit 46: Chart on Appliances - Market size and forecast 2022-2027 (million t)
- Exhibit 47: Data Table on Appliances - Market size and forecast 2022-2027 (million t)
- Exhibit 48: Chart on Appliances - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Appliances - 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 (million t)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 (million t)
- 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 Application
- Exhibit 54: Market opportunity by Application (million t)
- Exhibit 55: Data Table on Market opportunity by Application (million t)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 56: Chart on Type - Market share 2022-2027 (%)
- Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 58: Chart on Comparison by Type
- Exhibit 59: Data Table on Comparison by Type
- 7.3 Flexible PU foams - Market size and forecast 2022-2027
- Exhibit 60: Chart on Flexible PU foams - Market size and forecast 2022-2027 (million t)
- Exhibit 61: Data Table on Flexible PU foams - Market size and forecast 2022-2027 (million t)
- Exhibit 62: Chart on Flexible PU foams - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Flexible PU foams - Year-over-year growth 2022-2027 (%)
- 7.4 Rigid PU foams - Market size and forecast 2022-2027
- Exhibit 64: Chart on Rigid PU foams - Market size and forecast 2022-2027 (million t)
- Exhibit 65: Data Table on Rigid PU foams - Market size and forecast 2022-2027 (million t)
- Exhibit 66: Chart on Rigid PU foams - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Rigid PU foams - Year-over-year growth 2022-2027 (%)
- 7.5 Molded PU foams - Market size and forecast 2022-2027
- Exhibit 68: Chart on Molded PU foams - Market size and forecast 2022-2027 (million t)
- Exhibit 69: Data Table on Molded PU foams - Market size and forecast 2022-2027 (million t)
- Exhibit 70: Chart on Molded PU foams - Year-over-year growth 2022-2027 (%)
- Exhibit 71: Data Table on Molded PU foams - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Type
- Exhibit 72: Market opportunity by Type (million t)
- Exhibit 73: Data Table on Market opportunity by Type (million t)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2022-2027 (%)
- Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 (million t)
- Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 (million t)
- Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 (million t)
- Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 (million t)
- Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 87: Chart on North America - Market size and forecast 2022-2027 (million t)
- Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 (million t)
- Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 95: Chart on South America - Market size and forecast 2022-2027 (million t)
- Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 (million t)
- Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 (million t)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 (million t)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 103: Chart on US - Market size and forecast 2022-2027 (million t)
- Exhibit 104: Data Table on US - Market size and forecast 2022-2027 (million t)
- Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 (million t)
- Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 (million t)
- Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 (million t)
- Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 (million t)
- Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 115: Chart on UK - Market size and forecast 2022-2027 (million t)
- Exhibit 116: Data Table on UK - Market size and forecast 2022-2027 (million t)
- Exhibit 117: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 118: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography (million t)
- Exhibit 120: Market opportunity by geography (million t) - Volume
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 124: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 125: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification
- 12.3 All Foam Products Co.
- Exhibit 127: All Foam Products Co. - Overview
- Exhibit 128: All Foam Products Co. - Product / Service
- Exhibit 129: All Foam Products Co. - Key offerings
- 12.4 Armacell International SA
- Exhibit 130: Armacell International SA - Overview
- Exhibit 131: Armacell International SA - Business segments
- Exhibit 132: Armacell International SA - Key news
- Exhibit 133: Armacell International SA - Key offerings
- Exhibit 134: Armacell International SA - Segment focus
- 12.5 Clark Foam Products Corp.
- Exhibit 135: Clark Foam Products Corp. - Overview
- Exhibit 136: Clark Foam Products Corp. - Product / Service
- Exhibit 137: Clark Foam Products Corp. - Key offerings
- 12.6 Dafa AS
- Exhibit 138: Dafa AS - Overview
- Exhibit 139: Dafa AS - Product / Service
- Exhibit 140: Dafa AS - Key offerings
- 12.7 FoamPartner Switzerland AG
- Exhibit 141: FoamPartner Switzerland AG - Overview
- Exhibit 142: FoamPartner Switzerland AG - Product / Service
- Exhibit 143: FoamPartner Switzerland AG - Key offerings
- 12.8 Hira Industries LLC
- Exhibit 144: Hira Industries LLC - Overview
- Exhibit 145: Hira Industries LLC - Product / Service
- Exhibit 146: Hira Industries LLC - Key offerings
- 12.9 INOAC Corp.
- Exhibit 147: INOAC Corp. - Overview
- Exhibit 148: INOAC Corp. - Product / Service
- Exhibit 149: INOAC Corp. - Key offerings
- 12.10 Johnson Controls International Plc.
- Exhibit 150: Johnson Controls International Plc. - Overview
- Exhibit 151: Johnson Controls International Plc. - Business segments
- Exhibit 152: Johnson Controls International Plc. - Key news
- Exhibit 153: Johnson Controls International Plc. - Key offerings
- Exhibit 154: Johnson Controls International Plc. - Segment focus
- 12.11 JSP Ltd.
- Exhibit 155: JSP Ltd. - Overview
- Exhibit 156: JSP Ltd. - Product / Service
- Exhibit 157: JSP Ltd. - Key offerings
- 12.12 Mitsui Chemicals Inc.
- Exhibit 158: Mitsui Chemicals Inc. - Overview
- Exhibit 159: Mitsui Chemicals Inc. - Business segments
- Exhibit 160: Mitsui Chemicals Inc. - Key offerings
- Exhibit 161: Mitsui Chemicals Inc. - Segment focus
- 12.13 Orlando Products Inc.
- Exhibit 162: Orlando Products Inc. - Overview
- Exhibit 163: Orlando Products Inc. - Product / Service
- Exhibit 164: Orlando Products Inc. - Key offerings
- 12.14 Palziv Inc.
- Exhibit 165: Palziv Inc. - Overview
- Exhibit 166: Palziv Inc. - Product / Service
- Exhibit 167: Palziv Inc. - Key offerings
- 12.15 Pregis LLC
- Exhibit 168: Pregis LLC - Overview
- Exhibit 169: Pregis LLC - Product / Service
- Exhibit 170: Pregis LLC - Key offerings
- 12.16 Wisconsin Foam Products
- Exhibit 171: Wisconsin Foam Products - Overview
- Exhibit 172: Wisconsin Foam Products - Product / Service
- Exhibit 173: Wisconsin Foam Products - Key offerings
- 12.17 Zotefoams Plc
- Exhibit 174: Zotefoams Plc - Overview
- Exhibit 175: Zotefoams Plc - Business segments
- Exhibit 176: Zotefoams Plc - Key offerings
- Exhibit 177: Zotefoams Plc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 178: Inclusions checklist
- Exhibit 179: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 180: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 181: Research methodology
- Exhibit 182: Validation techniques employed for market sizing
- Exhibit 183: Information sources
- 13.5 List of abbreviations
- Exhibit 184: List of abbreviations
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