DUBLIN--(BUSINESS WIRE)--The "Polyurethane Foam Market by Type (Flexible, Rigid, Spray Foam), End User (Bedding & Furniture, Building & Construction, Electronics, Automotive, Footwear, Packaging), and Region (Asia Pacific, Europe, North America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The polyurethane foam market is projected to grow from USD 54.19 billion in 2018 to USD 79.77 billion by 2023, at a CAGR of 8% from 2018 to 2023.
The spray foam segment of the polyurethane foam market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increased demand for spray foams from various end-use industries in emerging economies, such as India and China.
The polyurethane foam market in the Middle East is projected to grow at the highest CAGR from 2018 to 2023. This growth can be attributed to the increased demand for polyurethane foam from the building & construction industry in Middle Eastern countries.
Market Dynamics
Drivers
- Growth of End-Use Industries in Emerging Nations
- High Demand for Polyurethane Foam in Building Insulation for Energy Conservation
- Versatility and Unique Physical Properties
Restraints
- Stringent Environmental Regulations on the Use of Flexible Polyurethane Foam
- Fluctuating Prices of Raw Materials
Opportunities
- Production of Bio-Based Polyols
Challenges
- High Raw Material Costs Leading to Pricing Pressures on PU Foam Manufacturers
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Polyurethane Foam Market, By Density Composition
7 Polyurethane Foam Market, By Type
8 Polyurethane Foam Market, By End User
9 Polyurethane Foam Market, By Region
10 Competitive Landscape
11 Company Profiles
- Adient
- American Foam Products
- Armacell
- BASF
- Carpenter Co.
- Chemtura Corporation
- Compagnie De Saint-Gobain S.A.
- Covestro AG
- Dowdupont
- Eurofoam Group
- Foam Supplies Inc.
- Foamcraft Inc.
- Foampartner Group
- Future Foam Inc.
- Fxi-Foamex Innovations
- Henkel Polybit
- Heubach Corporation
- Huntsman Corporation
- Inoac Corporation
- Interfoam Limited
- Interplasp
- Nitto Denko Corporation
- Recticel
- Rempac Foam
- Rogers Corporation
- Sekisui Chemical Co. Ltd.
- Tosoh Corporation (Nippon Polyurethane Industry Co. Ltd.)
- Trelleborg
- UFP Technologies Inc.
- Vita (Lux III) S.R.L.
- Wanhua Chemical Group Co. Ltd. (Former: Yantai Wanhua Polyurethanes Co. Ltd.)
- Woodbridge Foam Corporation
For more information about this report visit https://www.researchandmarkets.com/research/rvr38s/the_global_market?w=4
