Polyurethane (PU) Foam Market Share 2021 Industry Size by Global Major Companies Profile, Competitive Landscape and Key Regions 2026

Chemical and Materials

According to IMARC Group’s latest report, titled “Polyurethane (PU) Foam Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 the global polyurethane (PU) foam market to grow at a CAGR of 6.81% during 2021-2026.

Polyurethane foam refers to a synthetic polymer that insulates and protects materials against moisture, abrasion, temperature, impact, and corrosion. It is hypoallergenic, durable, non-toxic, and can rapidly react with moisture. As a result, PU foam is widely utilized across diverse industries, including automotive, packaging, electronics, construction, etc.

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Market Trends

The expanding construction industry and increasing product demand in the furnishing sector are primarily augmenting the market growth. Furthermore, the escalating demand for flexible and semi-rigid polyurethane foams for applying coatings, paints, and adhesives is also propelling the global market for PU foam. Besides this, the introduction of several bio-based polyols to manufacture polyurethane foam with minimal or no carbon emissions is further catalyzing the product demand. Moreover, PU foams are extensively adopted in the automotive industry to produce lightweight automobile components, such as dashboards, airbags, armrests, etc. Additionally, the expanding product utilization in the packaging industry is further expected to drive the global market for PU foam in the coming years.

Polyurethane (PU) Foam Market 2021-2026 Analysis and Segmentation:

Breakup by Structure:

  1. Open Cell
  2. Closed Cell

Breakup by Product Type:

  1. Flexible Foam
  2. Rigid Foam
  3. Spray Foam

Breakup by Density:

  1. Low Density
  2. Medium Density
  3. High Density

Breakup by End-Use Industry:

  1. Bedding and Furniture
  2. Building and Construction
  3. Electronics
  4. Automotive
  5. Packaging
  6. Footwear
  7. Others

For more information about this report: https://www.imarcgroup.com/polyurethane-foam-market

Breakup by Region:

  1. North America
  2. Asia Pacific
  3. Europe
  4. Latin America
  5. Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 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., etc.

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