Polyurethane Foam Global Market Analysis by 2025: Top Key Vendors BASF, The Dow Chemical Company, Bayer AG, Sekisui Chemical Co.,Ltd., Nitto Denko Corporation, Saint-Gobain, Huntsman Corporation, Armacell
Databridgemarketresearch.com adds “Polyurethane Foam Global Market Analysis by 2025: Top Key Vendors BASF, The Dow Chemical Company, Bayer AG, Sekisui Chemical Co.,Ltd., Nitto Denko Corporation, Saint-Gobain, Huntsman Corporation, Armacell” reports to its database.This report provides in depth study of “Polyurethane Foam Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Polyurethane Foam Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
This report focuses on the Polyurethane Foam Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Global Polyurethane Foam Market development in North America, South America, Europe, Asia-Pacific, Middle East and Africa.
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Global Polyurethane Foam Market, By Density Composition (Low-Density Polyurethane Foam, Medium-Density Polyurethane Foam and High-Density Polyurethane Foam), By Type (Flexible Foam, Rigid Foam, Spray Foam), By End User (Market Size & Projection, Bedding & Furniture, Building & Construction, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
The global polyurethane foam market is expected to reach USD 97.57 billion by 2025, from USD 54.41 billion in 2017 growing at a CAGR of 8.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Report Segmentation:
Based on Density Composition:
• Low-Density Polyurethane Foam
Reticulated Polyurethane Foam
Polyester Foam and Polyether Foam
• Medium-Density Polyurethane Foam
• High-Density Polyurethane Foam
On the Basis of Type:
• Flexible Foam
Cushioning
Apparel Padding
Filtration And Others
• Rigid Foam
Insulation
Decorative
Architectural Application
Flotation Module
• Spray Foam
On the Basis of End User:
• Market Size & Projection
• Bedding & Furniture
Mattress & Pillows
Medical
Carpet Cushion
Seating
Office Furniture
• Building & Construction
Thermal Insulation
Air Sealing
• Electronics
Sealing
Insulation
• Automotive
Cushion Overlay
Seat Foam
Door Panels
Energy Absorbers
Sound Absorption
Vibration Dampening
Others
• Footwear
Shoe Midsole
Shoe Bottom
Shoe Upper
• Packaging And Others
Foam Packaging
Composite Packaging
Based on geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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Competitive Analysis:
The global polyurethane foam market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of polyurethane foam market for global, Europe, North America, Asia Pacific and South America.
Market Definition:
Polyurethane foam is widely used polymer available in two forms rigid and flexible foams. Rigid foams have various insulation applications in refrigeration and construction. The polyurethane foam is energy efficient and helps in reducing energy costs. The polyurethane foam exhibits excellent dielectric and adhesive properties. They also have various physical properties like, resistant to abrasion, temperature, water, and weather. The flexible foams are used as a cushioning substance in various end-use industries, for example in packaging, furniture, bedding and transportation industries. These foams have many environmental benefits owing to high recyclability and clean burning properties. Hence, they offer pollutant filtration, reduced wastage, and greater sustainability. The polyurethane foams are anticipated to witness increase in market demand due to its superior insulation, which is ideal for roofs and walls in new houses. According to the article published by, The Building & Construction Authority, it has been observed that in various developing countries such as India, china, Indonesia, Nigeria the construction sector is growing. In India and china the growth percentage is around 7-8%. In Indonesia and Vietnam the growth percentage is approximately 6-7% and in Nigeria the growth percentage is 8-9%. The major players in the polyurethane foam market are making various developments such as launch of new products, opening new research and development centres, and new plants for the growth of the polyurethane foam market. BASF SE is developing polyurethane composite, which has its applications for building and infrastructure industries.
Major Market Drivers and Restraints:
• Environment sustainability and energy conservation
• Versatility and unique physical properties
• Growth of end-user industries in emerging nations
• Rising cost of raw material
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