United States Polyolefin Foam Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

Global Polyolefin Foam Market reached USD 7.4 billion in 2022 and is expected to reach USD 11.1 billion by 2031, growing with a CAGR of 5.3% during the forecast period 2024-2031.

Key Development:

United States: Recent Industry Developments

✅ In September 2025, Accella Polyurethane Systems LLC acquired Covestro's North American spray polyurethane foam business, including a facility in Spring, TX. This strategic move aims to expand Accella's core product and technology offerings in the spray foam insulation and roofing markets.

✅ In September 2025, Kraken Bond announced its strategic position to meet the growing demand in the spray foam insulation market, projected to exceed $3.1 billion in 2025. The company is positioning itself to capitalize on this expanding market.

✅ In September 2025, Rogers Corporation launched the PORON® 40V0 polyurethane foam, a halogen-free, UL 94 V-0 rated material with superior compression set resistance. This innovation enhances long-term performance across automotive, electronics, and industrial applications.

Japan: Recent Industry Developments

✅ In September 2025, Japan's spray polyurethane foam market is experiencing growth, with increasing demand for energy-efficient insulation solutions. The market's expansion is attributed to advancements in building technologies and a focus on sustainable construction practices.

✅ In September 2025, Japanese manufacturers are investing in research and development to enhance the performance of spray polyurethane foam products. These innovations aim to improve insulation efficiency and environmental sustainability.

✅ In September 2025, the Japanese government is implementing stricter building codes that promote the use of energy-efficient materials, including spray polyurethane foam, to meet sustainability goals.

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Polyolefin foam is a lightweight, durable, closed-cell foam made from polyolefin polymers such as polyethylene or polypropylene. It provides excellent thermal insulation, cushioning, shock absorption, and chemical resistance, making it ideal for packaging, construction, automotive, and sports applications.Recent Mergers and acquisitions:

United States: Recent M&A Developments
✅ In March 2025, Abu Dhabi National Oil Company (ADNOC) and Austria's OMV agreed to merge their polyolefin businesses, creating Borouge Group International, a $60 billion chemicals giant. The merger includes the acquisition of Canada's Nova Chemicals Corp for $13.4 billion, enhancing its presence in North America.

✅ In September 2025, Hydrite announced the acquisition of Enterprise Specialty Products, Inc. (ESP), effective September 3, 2025. ESP, based in Laurens, South Carolina, supplies foam control products for various applications, including water treatment, paints and coatings, adhesives, inks, construction, textiles, and other specialty applications.

Key Players:

=> Furukawa Electric Co. Ltd, Knauf Industries, Dongshin Industry, Kaneka Corporation, JSP Corporation, BASF SE, SSW Pearl Foam GmbH, Sonoco Products Company, Clark Foam and Bradford Company.

Growth Forecast Projected:

The Global Polyolefin Foam Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Polyolefin Foam Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Type: Polyethylene, Polypropylene, Ethylene-Vinyl Acetate, Others

➥ By Process: Cross Linked, Blowing, Others

➥ By Application: Automotive, Industrial Packaging, Building and Construction, Healthcare, Electronics, Others

Regional Analysis for Polyolefin Foam Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Polyolefin Foam producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Polyolefin Foam revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Polyolefin Foam Market?

A: In 2022, the Polyolefin Foam Market was valued at USD 7.4 billion, reflecting its strong industry presence.

Q2: How large is the Polyolefin Foam Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Polyolefin Foam Market will grow to around USD 11.1 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Polyolefin Foam Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2024 to 2031.

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