Press Releases

The global polyurethane foam market is expected to witness a CAGR of 7.6% during the forecast period. Polyurethane is thermosetting polymers that have a solid or open cellular structure. The open cellular structure is called foam which can be rigid or flexible. Diisocyanates and polyols are used to make polyurethane foam. Both of these products are extracted from crude oil by manufacturers. The rigid forms of polyurethane foams are largely employed in the thermal insulation of buildings to conserve energy. Flexible polyurethane foams are molded in the automotive industry. Polyurethane foams provide a number of environmental advantages, including high recyclability and little waste. The substantial development in the construction industry, increased demand from the furnishing sector, increased adoption of flexible and semi-rigid polyurethane foams which are used with coatings, paints, and adhesives in commercial and residential complexes will drive the growth of the market. Nevertheless, polyurethane foam is hypoallergenic, non-toxic, and does not even degrade over time. It can also rapidly expand and attach with surfaces with great adhesion after application when exposed to moisture.

With the launch of the HFC-free Froth-PakTM Spray Foam in May 2021, DuPont announced a new benchmark for two-component polyurethane foams in support of its objective to reduce greenhouse gas (GHG) emissions while delivering sustainable innovation.

The COVID-19 pandemic has hampered the growth of the polyurethane market owing to stringent government regulations, lockdowns, temporary shutdown of factories, travel restrictions. There was a halt in the building and construction industry that has negatively impacted the market for polyurethane. However, polyurethane is a customizable insulator that is used to carry vaccines all over the world. The need for polyurethane is expected to rise in this field as vaccine distribution begins in nations such as India, the United States, the United Kingdom.

Browse 53 market data Tables and 35 Figures spread through 250 Pages and in-depth TOC on " Polyurethane Foam Market by Product Type (Rigid Foams, Spray Foams, and Flexible Foams), by Density Composition (High-Density Polyurethane Foams, Medium-Density Polyurethane Foams, and Low-Density Polyurethane Foams), by End-User (Automotive, Packaging, Furniture & Furnishings, Electrical & Electronics, Building & Construction, Footwear, and Others), and Region - Global Forecast to 2027"

By product type, the rigid foams is projected to witness the largest share during the forecast period.

The global polyurethane foam market is divided on the basis of product type into rigid foams, spray foams, and flexible foams. Rigid foams are anticipated to have the largest share in the polyurethane market. The reduced energy cost, adoption as insulating foams and structural foams in commercial and residential construction, and adoption of rigid insulation foams in electrical appliances like water heaters, coolers, refrigerators, and freezers will accelerate the growth of the segment in the polyurethane foam market.

Global Polyurethane Foam  Market Segmentation Analysis

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“Asia-Pacific is anticipated to have a high CAGR during 2021-2027 in polyurethane foam market.”

Asia-Pacific is anticipated to have a high CAGR during the forecast period 2021-2027 owing to the rising urbanization, growth in the automotive industry, presence of global players, technological development, increased application in packaging, footwear, and electronics industry, and increased awareness about energy conservation in the construction industry will fuel the growth in the region.

Some of the major players in the global polyurethane foam market include Wanhua, Covestro AG, Dow, Huntsman International LLC., SEKISUI CHEMICAL CO., LTD., DuPont, Saint Gobain, LAXNESS (Previously named as Chemtura Corporation), NITTO DENKO CORPORATION, and Rogers Corporation.

Scope of the Report

Global Polyurethane Foam Market Coverage

Product Type Insight and Forecast 2015-2027

• Rigid Foams
• Spray Foams
• Flexible Foams

Density Composition Insight and Forecast 2015-2027

• High-Density Polyurethane Foams
• Medium-Density Polyurethane Foams
• Low-Density Polyurethane Foams

End-User Insight and Forecast 2015-2027

• Automotive
• Packaging
• Furniture & Furnishings
• Electrical & Electronics
• Building & Construction
• Footwear
• Others

Geographical Segmentation

Polyurethane Foam Market by Region

North America

• By Product Type
• By Density Composition
• By End-User
• By Country – U.S., Canada, and Mexico

Europe

• By Product Type
• By Density Composition
• By End-User
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Product Type
• By Density Composition
• By End-User
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Product Type
• By Density Composition
• By End-User
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries