According to IMARC Group’s latest report, titled “Polyurethane (PU) Foam Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global polyurethane (PU) foam market to continue its moderate growth during the next five years.
Polyurethane foam is a synthetic polymer that insulates and protects materials against abrasion, temperature, moisture, impact, and corrosion. It is hypoallergenic, non-toxic, durable, and can rapidly react with moisture. As a result, PU foam is widely used across various other industries, including automotive, packaging, construction, and electronics.
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The growing construction industry and increasing product demand in the furnishing sector is currently augmenting the market growth. Furthermore, the rising demand for flexible and semi-rigid polyurethane foams for applying coatings, paints, and adhesives is also driving the market. Moreover, several technological innovations have led to the development of bio-based polyols to manufacture polyurethane foam with minimal carbon emissions. Furthermore, PU foam finds extensive applications in the automotive industry for manufacturing light-weight automobile components, such as dashboards, airbags, armrests, etc. Additionally, rising industrialization along with the growing product demand from the packaging industry, is anticipated to drive the PU foam market.
Polyurethane (PU) Foam Market 2020-2025 Analysis and Segmentation
The report has segmented the market on the basis of structure, product type, density, end-use industry and region.
Breakup by Structure:
- Open Cell
- Closed Cell
Breakup by Product Type:
- Flexible Foam
- Rigid Foam
- Spray Foam
Breakup by Density:
- Low Density
- Medium Density
- High Density
Breakup by End-Use Industry:
- Bedding and Furniture
- Building and Construction
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Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- BASF SE
- Covestro AG
- Foamcraft Inc.
- Future Foam Inc.
- Huntsman International LLC. (Indorama Ventures Public Company Limited)
- Recticel NV/SA, Rogers Corporation
- Saint-Gobain S.A.
- Sekisui Chemical Co. Ltd.
- The Dow Chemical Company
- Tosoh Corporation
- UFP Technologies Inc.
- Wanhua Chemical Group Co. Ltd.
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020- 2025)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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