Polyurethane Foam Market Size Will Attain USD 41.10 Billion by 2029 growing at 7% CAGR | Covestro AG, BASF SE, Wanhua Chemical Group Co., Ltd., Dow Inc., Huntsman Corporation

PRESS RELEASE
Published March 31, 2023

 

Exactitude Consultancy Market Research analyses that the Polyurethane Foam market will witness a CAGR of 7% for the forecast period of 2023-2029 and is likely to reach at USD 41.10 Billion by 2029 from USD 38.60 Billion in 2022.

The Polyurethane Foam Market Research Report includes in-depth research and insights into the market size, revenues, important categories, growth drivers, limiting factors, and regional industrial presence. The goal of the market research study is to extensively explore the Chemical and Material industry and obtain an understanding of the business and its economic potential. As a consequence, the client gains wide information about the industry and business from the past, present, and future viewpoints, allowing them to spend money and deploy resources wisely. This report is 135 pages long and includes a detailed table of contents, a list of figures, tables, and charts, as well as significant analysis.

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Years considered for this report:

Historical Years: 2018-2021

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2023-2029

Rising Demand from Automobile Industry to Drive Growth of Polyurethane Foam Market

Major demand from various end user industries such as the construction sector is expected to aid in expansion of the global polyurethane foam market. Polyurethane foams are adaptable, sturdy, synthetically steady, and give protection from warmth, dampness, and power. Furthermore, they have the characteristics to keep up upgraded padding and fixing. Because of these properties, businesses like oil and gas, car, and others utilize polyurethane foams. In the oil and gas industry, utilization of polyurethane foams in the protection of pipelines ensures smooth operational working. In auto area, vehicle hardware like armrests, dashboards, and different outsides are required to build the use of polyurethane foam. The utilization of these foams upholds private structures in keeping up the clamor levels and uniform temperature.

Polyurethane Foam Market: Demand Analysis and Opportunity Outlook to 2023-2029

The Polyurethane Foam study defines the market size of various segments and countries by historical years and forecasts the value for the next 7 years. The report brings together qualitative and quantitative elements of the Polyurethane Foam industry, including: market share, market size (value and volume 2017-2022, and forecast to 2023-2029), in the highly competitive market for each country concerned Express appreciation. Furthermore, the study also caters and provides in-depth statistics on the key elements of Polyurethane Foam, which includes drivers and restraints that help in estimating the future growth prospects of the market.

The study pays attention to the loftiest revenue-generating and highest growing segments of the Polyurethane Foam market. This makes the research document accurately organized and systematic alongside encouraging a simpler understanding of each facet covered in this report. Major Key players profiled in the report include: Covestro AG, BASF SE, Wanhua Chemical Group Co., Ltd., Dow Inc., Huntsman Corporation, Sekisui Chemical Co., Ltd., Compagnie de Saint-Gobain SA, Bayer AG, Chemtura Corporation, DuPont, Recticel NV/SA, Rogers Corporation, UFP Technologies, Inc., INOAC Corp and others.

Recent Development

  • In March 2022, Perma-Pipe International Holdings, Inc., a US-based engineered pipe services company, announced further contracts of USD 15 million in Saudi Arabia and Egypt to utilize Perma-Pipe’s XTRU-THERM insulation system.
  • In October 2022, S7 Technics, Russian aircraft maintenance, repair, and overhaul service provider, announced the launch of the production of polyurethane foam cushions for aircraft seats.

Polyurethane Foam Market Segmentation:

Global Polyurethane Foam Market by Product Type, 2023-2029 , (USD Million) (Kilotons)

  • Rigid Foam
  • Flexible Foam
  • Spray Foam

Global Polyurethane Foam Market by Structure, 2023-2029 , (USD Million), (Kilotons)

  • Open-Cell
  • Closed-Cell

Global Polyurethane Foam Market by Density Composition, 2023-2029 , (USD Million) (Kilotons)

  • Low-Density Polyurethane Foams
  • Medium-Density Polyurethane Foams
  • High-Density Polyurethane Foams

Global Polyurethane Foam Market By Application, 2023-2029 , (USD Million) (Kilotons)

  • Building & Construction
  • Bedding & Furniture
  • Automotive
  • Electronics
  • Footwear
  • Packaging

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Geographically, the following regions were investigated:

  • 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)

Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Polyurethane Foam market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Polyurethane Foam market, the years measured, and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Polyurethane Foam report offers data on imports and exports, sales, production and key companies in all studied regional markets

What is the purpose of this report?

  • A thorough review of the Polyurethane Foam market, including regional markets.
  • Comprehensive coverage of all segments of the Polyurethane Foam market to assess trends, developments and market size forecasts till 2023-2029.
  • A thorough examination of deals involved in the Polyurethane Foam market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
  • The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.

There are 13 Sections to show the Polyurethane Foam market:      

Chapter 1: Polyurethane Foam Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

Chapter 2: Market Competition by Manufacturers

Chapter 3: Production by Regions

Chapter 4: Consumption by Regions

Chapter 5: Production, By Types, Revenue, and Market share by Types

Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications

Chapter 7: Complete profiling and analysis of Manufacturers

Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses

Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Polyurethane Foam Market Forecast

Chapter 13: Polyurethane Foam Market Research Findings and Conclusion, Appendix, methodology, and data source

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Key questions answered in the report include:

  • What is the growth potential of the Polyurethane Foam market?
  • Which regional markets will emerge as leaders in the next few years?
  • What are the key challenges facing the Polyurethane Foam market in the future?
  • Who are the most prominent players in the global Polyurethane Foam market?
  • What are the key trends positively impacting market growth?

Key Points from TOC:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  4. Key Insights
    • Global Statistics — Key Countries
    • New Product Launches
    • Pipeline Analysis
    • Regulatory Scenario — Key Countries
    • Recent Industry Developments — Partnerships, Mergers and Acquisitions
  5. Global Market Analysis, Insights and Forecast
  6. Key Findings/ Summary
    • Market Analysis — By Product Type
    • Market Analysis — By Distribution Channel
    • Market Analysis — By Countries/Sub-regions
  7. Competitive Analysis
    • Key Industry Developments
    • Global Market Share Analysis
    • Competition Dashboard
    • Comparative Analysis — Major Players
  8. Company Profiles
    • Overview
    • Products and Services
    • SWOT Analysis
    • Recent developments
    • Major Investments
    • Regional Market Size and Demand
  9. Strategic Recommendations

TOC Continued……………….

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