Press release
Consumer Foam Market to Exceed Sales Revenue of 58.37 USD billion, at a CAGR of 4.95% by 2029 | Covestro AG, BASF SE, Dow Inc
Exactitude Consultancy Market Research analyses that the Consumer Foam Market will witness a CAGR of 4.95% for the forecast period of 2023-2029 and is likely 32.50 USD billion in 2022 to reach at 58.37 USD billion by 2029.Consumer foam is utilised in a variety of applications in the bedding and furniture industries. With its low density, which significantly decreases the weight of the product, this foam is utilised in furniture cushioning, bedding, carpet underlay, and mattresses. These foams are among the most effective insulation materials on the market, making them appropriate for use in refrigerators and freezers in the electronics industry. Another major user of foam is the footwear sector, which uses it as shoe midsoles, shoe bottoms, and shoe upper materials.
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Consumer Foam Market: Key Trends and Opportunities
Expanding the use of consumer foam in consumer electronics, automotive industries, and various appliances brings considerable growth prospects. The consumer foam market is expected to grow at a rapid pace owing to its use in various applications such as aircraft seats, carpet cushions, pillows, mattresses, hospitals, commercial, and residential furniture, and others have led to increasing demand for consumer foam Digitalization is gaining pace across the globe and has contributed to the awareness regarding the use of consumer foam is estimated to increase the growth rate of the consumer foam market to a great extent.
Prominent Key players of the Consumer Foam Market survey report:
Historical data available in the report elaborates on the development of the Consumer Foam on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Covestro AG, BASF SE, JSP Corporation, Dow Inc., Huntsman Corporation, Sekisui Chemical Co., Ltd., Saint-Gobain, JSP Corporation, Trelleborg AB, Chemtura Corporation (Lanxess).
Industry News
In February 2020, For USD 350 million, Huntsman Corporation purchased Icynene-Lapolla (US), a producer and supplier of spray polyurethane foam (SPF) insulation solutions for domestic and industrial uses. With this acquisition, Huntsman Corporation hopes to expand its downstream polyurethane business and fortify its line of polyurethane products.
Consumer Foam Market Segmentation:
Consumer Foam Market by Foam Type, 2023-2029, (USD Million) (Kilotons)
» Flexible Foam
» Rigid Foam
Consumer Foam Market by Resin Type, 2023-2029, (USD Million) (Kilotons)
» Polyurethane
» Polystyrene
» Polyolefins
» Phenolic
Consumer Foam Market by End Use Industry, 2023-2029, (USD Million) (Kilotons)
» Bedding & Furniture
» Footwear
» Automotive
The regional outlook by revenue covers the countries namely:
✦ North America (United States, Canada and Mexico)
✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
✦ South America (Brazil, Argentina, Colombia, and Rest of South America)
✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Features of the Consumer Foam Market Report: -
⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.
⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.
⇨ To study and analyse the global Consumer Foam industry status and forecast including key regions.
⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
⇨ It helps you make strategic business decisions and investment plans.
Competitive Landscape
Competition has been growing for the Consumer Foam industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.
Highlight the Following Key Factors:
► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.
► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Table of Contents
Global Consumer Foam Market Research Report 2023-2029
1 Consumer Foam Market Overview
1.1 Product Overview and Scope of Consumer Foam
1.2 Consumer Foam Segment by Type (Product Category)
1.3 Global Consumer Foam market Segment by Application
1.4 Global Consumer Foam Market by Region (2023-2029)
1.4.1 Global Consumer Foam Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)
1.4.2 North America Status and Prospect (2023-2029
1.4.3 Europe Status and Prospect (2023-2029)
1.4.4 China Status and Prospect (2023-2029)
1.4.5 Japan Status and Prospect (2023-2029)
1.4.6 Southeast Asia Status and Prospect (2023-2029)
1.4.7 India Status and Prospect (2023-2029)
1.5 Global Market Size (Value) of Consumer Foam (2023-2029)
1.5.1 Global Consumer Foam Revenue Status and Outlook (2023-2029)
1.5.2 Global Consumer Foam Capacity, Production Status and Outlook (2023-2029)
…
Why Choose Consumer Foam Market Report?
✔ Unbiased conclusions and market insights
✔ 24×7 customer service available to address client queries
✔ Highly efficient and experienced team of analysts striving to create top-quality reports
✔ Our reports have facilitated the growth of over 500 companies
✔ The systematic and methodical market research process
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Thank you for your interest in the Consumer Foam Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia.
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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