Press release
Consumer Foam Market Revenue, Business Opportunities and Forecast Worldwide by Key Manufacturers- Covestro AG, BASF SE, JSP Corporation, Dow Inc, Huntsman Corporation
The Consumer Foam Market research report offers data regarding new recent developments, import/export analysis, value chain optimization, and trade regulations. In addition, other data like market size, strategic market share, localized market players, analyses of opportunities in the emerging revenue pockets, strategic market growth, product launches, geographical expansions, and technological innovations are also encompassed in the report.The research study covers qualitative and quantitative data, including operational applications, automation products, and related services. Moreover, the Consumer Foam research report depends upon our extensive database built over the past 30 years of research; it includes data for over 100 product categories segmented in over 20 vertical markets. The Consumer Foam research report delivers top-notch information about suppliers, clients, market trends, and strategies of the Consumer Foam market.
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The consumer foam market is projected to grow from USD 40.2 billion in 2021 to USD 50.9 billion by 2026, at a CAGR of 4.9% from 2021 to 2026.
The report provides a comprehensive analysis of company profiles listed below:
• Covestro AG (Germany)
• BASF SE (Germany)
• JSP Corporation (Japan)
• Dow Inc. (US)
• Huntsman Corporation (US)
• Sekisui Chemical Co. Ltd. (Japan)
• Saint-Gobain (France)
• Trelleborg AB (Sweden)
• Chemtura Corporation (Lanxess) (US)
"Polyurethane foam is estimated to lead the consumer foam market, by type in terms of value during the forecast period
By type, polyurethane foam is estimated to be the largest segment in consumer foam market in 2020. It is primarily used as insulating foams and structural foams in consumer electronics and appliances. PU foam is a good choice for insulation and helps reduce CO2 emissions. It is a versatile substance in terms of properties and is, therefore, suitable for use in the automotive industry.
"Bedding & furniture end-use industry is estimated to dominate the polyurethane foam market."
By end-use industry, bedding & furniture is estimated to be dominate the global consumer foam market. pillows and mattresses, bedding applications in hospitals, carpet cushions, boat berths, vehicular seating, aircraft seating, residential & commercial furniture, and office furniture are some of the common applications of consumer foam in the bedding & furniture industry. Flexible foams are preferred for bedding and upholstery applications owing to the high resiliency offered by them, while rigid foams are predominantly used in simulated wood furniture.
"Asia Pacific consumer foam market is projected to grow at the highest CAGR during the forecast period, in terms of value."
Asia Pacific is projected to be the fastest-growing market for consumer foam during the forecast period. Growing demand for consumer foam from various industries as well as rising footprint of the global players dealing in consumer foam is expected to drive the consumer foam market in the region.
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Competitive Landscape of Consumer Foam Market:
1 Company Region Footprint (Sme))
2 Product Launches
3 Deals
4 Basf Se
4.1 Star
4.2 Emerging Leaders
4.3 Pervasive
4.4 Participants
5 Covestro Ag
6 Dow Chemical
6.1 Progressive Companies
6.2 Starting Blocks
6.3 Dynamic Companies
6.4 Responsive Companies
7 Huntsman Corporation
8 Huntsman Corporation: Others
8.1 Product Launches
8.2 Deals
Reason to access this report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the consumer foam market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies.
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