Press release
Global Polyurethane Foam Market Development Trend, Strategy and Analysis by 2025| Covestro, BASF, DowDupont, Huntsman, Mitsui Chemicals, FXI Innovations, Recticel
This report studies the global Polyurethane Foam market status and forecast, categorizes the global Polyurethane Foam market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).Polyurethane is a leading member of the wide-ranging and highly diverse family of polymers or plastics. Polyurethane can be a solid or can have an open cellular structure, in which case it is called foam.
In 2017, the building & construction segment accounted for the largest share of the polyurethane foam market, by end-use industry. However, the bedding & furniture segment is projected to account for the largest market share by 2023.Rigid foams are essentially low-to-high density foams with high stiffness levels. These foams are primarily used as insulating foams and structural foams in commercial and residential construction for board and laminate insulation, and as foam roofing. They are also used in various other applications. Spray foams, on the other hand, are basically low-to-medium density foams. They are primarily used for insulation, roofing, and flotation. Spray foam is projected to be the fastest-growing type segment due to its increasing applications across industries.Asia-Pacific is projected to have the largest market share and dominate the global polyurethane foam market from 2018 to 2023. Growth of the polyurethane foam market in this region is driven by the growing building & construction, bedding & furniture, electronics, automotive, footwear, and packaging industries. Increasing population and economic development are the other driving factors.
The global Polyurethane Foam market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Covestro
BASF
DowDupont
Huntsman
Mitsui Chemicals
FXI Innovations
Recticel
FoamPartner
Europur
Woodbridge Foam
Ekisui Chemical
Tosoh
Armacell
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Market size split by Region
•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa
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