Europe Polyurethane Foam Market | Exponential Growth Huge Demand !!

Europe Polyurethane Foam Market By Type (Flexible Foam, Rigid Foam, Spray Foam), End-User (Bedding & Furniture, Building & Construction, Electronics, Automotive, Footwear, Packaging, Others), Density Composition (Low-Density Polyurethane Foam, Medium-Density Polyurethane Foam, High-Density Polyurethane Foam), Country (Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe) – Industry Trends and Forecast to 2026

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Polyurethane foams are type of polymers which are made by reacting diisocyanates with polyols. Polyurethane foams are generally abbreviated as PU foam or PUR foams. PU foams are used for providing insulation and protect the material against external sources that lead to corrosion. The type of agent or catalyst used with isocyanates in the production of polyurethane foam depends on the application for what PU foam is being produced. There are three types of polyurethane foams available: Flexible Foams, Rigid Foams and Spray Foams.

Polyurethanes were invented by Professor Dr. Otto Bayer in 1930s. PU foams were first used at the time of World War II when there was a need of replacing rubber materials with PU foams. By the coming of 1950s, PU foams were started to be used in adhesives and elastomers. Today, PU foams can be found in almost everything we touch like desks, chairs, cars, clothes, footwear, appliances, beds as well as the insulation in walls of buildings. PU foams are highly versatile and cost efficient and the durability of the products made out of polyurethane foams is very high that is why these products can last for long.

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Increasing pursuit of a higher level of sleep comfort offered by polyurethane foam is driving the market.

PU foams can take any form to provide comfort and support and due to this property, they are widely used in the making of mattresses and furniture. Polyurethane foam creates a more comfortable sleep surface as the coring and contouring foam techniques are used in the manufacturing of PUR foams. According to Dan Schecter, vice president of sales and marketing at Carpenter Co., various advancements in the chemistry are giving rise to new foams of polyurethane that will get self-adjusted to individual body and will provide a high degree of comfort.

Europe polyurethane foam market is projected to register a steady CAGR in the forecast period of 2019 to 2026.

Segmentation: Europe Polyurethane Foam Market
Europe polyurethane foam market is segmented into three notable segments which are type, end-user and density composition.

On the basis of type, the market is segmented into flexible foam, rigid foam and spray foam
On the basis of end-user, the market is segmented into bedding & furniture, building & construction, electronics, automotive, footwear, packaging, others.
On the basis of density composition, the market is segmented into low-density polyurethane foam, medium-density polyurethane foam and high-density polyurethane foam
In December 2018, Recticel announced the agreement to acquire Proseat. The company made a new joint venture with Sekisui which allowed Proseat to build on leading position as Europe’s largest independent automotive moulded seat foam manufacturer.
Competitive Analysis: Europe Polyurethane Foam Market
Some of the major players operating in this market are The Dow Chemical Company, Saint-Gobain, BASF SE, INOAC Corporation, Eurofoam Group, Foampartner Group, Huntsman Corporation, Inoac Corporation, Rogers Corporation, UFP Technologies, Inc., Nitto Denko Corporation, Wanhua Chemical Group Co., Ltd., Henkel Polybit and others.

Business Expansion

In September 2018, Dow Polyurethanes division of The Dow Chemical Company announced first TRAFFIDECK GO Center in Germany. This centre is set up for addressing needs for transportation flooring that is durable and protected.
Research Methodology: Europe Polyurethane Foam Market
Primary Respondents: key industry participants, subject-matter experts (SMEs), C-level executives of key market players, Market Intelligence Managers, National Sales Managers and industry consultants.

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