폴리우레탄 폼 시장 규모, 점유율, 동향 분석 보고서 : 제품별, 용도별, 지역별, 부문별 예측(2024-2030년)

Polyurethane Foam Market Growth & Trends:

The global polyurethane foam market is expected to reach USD 73.57 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2024 to 2030. The remarkable growth of the global market can be attributed to a combination of factors such as versatile nature of PU foam has allowed it to find widespread applications across various industries, including construction, automotive, packaging, and furniture. Its excellent insulation properties, lightweight nature, and durability have made it a preferred choice in these sectors. Additionally, the increasing demand for energy-efficient materials and a growing emphasis on sustainable practices have further fueled the adoption of PU foam. Moreover, ongoing research and development efforts have led to innovations in the production process, making PU foam more cost-effective and environmentally friendly, contributing to its rising popularity in the market.

Flexible foam has secured its dominating position in the global polyurethane (PU) foam industry primarily because of its outstanding adaptability and broad range of applications. Its exceptional comfort and softness make it a popular choice in the bedding and furniture industries, providing consumers with cozy and supportive products. Additionally, its versatility extends to automotive seating, where it offers superior cushioning for a comfortable driving experience. The widespread adoption of flexible PU foam in these key sectors such as Bedding & Furniture, Transportation, Packaging, Construction, Electronics, Footwear have contributed to its significant market dominance.

The bedding and furniture industry dominates the market due to several key factors including PU foam's exceptional comfort and support make it the preferred choice for mattresses, pillows, and upholstered furniture, ensuring a restful and pleasant experience for consumers. Moreover, the booming housing and construction sectors worldwide have increased the demand for comfortable and durable furniture, further driving the adoption of PU foam. Additionally, the growing consumer focus on ergonomic and high-quality products has propelled the popularity of PU foam in bedding and furniture applications, solidifying its dominant position in the market.

Asia Pacific is the dominating region segment in the global market due to several factors such as region's rapid industrialization and urbanization have fueled the demand for PU foam in construction and automotive industries. Secondly, the presence of key emerging economies, such as China and India, has driven substantial growth in manufacturing, packaging, and furniture sectors, further boosting the consumption of PU foam. Lastly, favorable government policies, coupled with increasing awareness of energy-efficient materials, have contributed to the widespread adoption of PU foam in the Asia Pacific region.

Polyurethane Foam Market Report Highlights

• Asia Pacific accounted for the largest revenue share of 44.0% of the global market in 2023 and is expected to continue its dominance over the forecast period. This is attributed to its rapid industrialization and urbanization, driving demand in construction and automotive industries, along with the presence of key emerging economies like China and India, boosting consumption in manufacturing, packaging, and furniture sectors.
• Based on application segmentation, bedding & furniture accounted for a maximum share of 31.0% in 2023 and are likely to remain dominant over the forecast period. This is attributed to PU foam's exceptional comfort, support, and versatility, making it the preferred choice for mattresses, pillows, and upholstered furniture worldwide.
• In the product segmentation, flexible foam dominated the market in 2023, with a market share of 58.7%. This is attributed to its widespread popularity and diverse applications, offering superior comfort and cushioning in industries such as bedding, furniture, and automotive seating.
• In June 2023, Trelleborg AG is planning to construct a state-of-the-art manufacturing facility in Vietnam. The construction of this new facility is scheduled to be finalized by the end of 2025, with production operations expected to commence in 2026. This strategic move reflects Trelleborg AG's vision for the future, as they seek to leverage Vietnam's growing industrial landscape and tap into the vast opportunities presented by the Asian market.

Table of Contents

Chapter 1 Methodology and Scope

• 1.1 Market Segmentation & Scope
• 1.2 Market Definitions
• 1.3 Information Procurement
  • 1.3.1 Information Analysis
  • 1.3.2 Market Formulation & Data Visualization
  • 1.3.3 Data Validation & Publishing
• 1.4 Research Scope and Assumptions
  • 1.4.1 List of Data Sources

Chapter 2 Executive Summary

• 2.1 Market Snapshot 2023
• 2.2 Segment Snapshot
• 2.3 Competitive Landscape Snapshot

Chapter 3 Polyurethane (PU) Foam Market: Variables and Trends

• 3.1 Market Lineage Outlook
  • 3.1.1 Global Plastic Market Outlook
• 3.2 Penetration & Growth Prospect Mapping
• 3.3 Industry Value Chain Analysis
  • 3.3.1 Raw Material Trends
• 3.4 Regulatory Framework
  • 3.4.1 Legislative Trends
  • 3.4.2 Standard & Compliances
  • 3.4.3 Safety
• 3.5 Technology Overview
• 3.6 Alternative Technologies to PU Foam
• 3.7 Sustainability Trends
  • 3.7.1 Impact Of Plastic Circular Economy
  • 3.7.2 Initiatives Undertaken By Market Players
• 3.8 Supply-Demand Analysis
• 3.9 Foam Type Trends
  • 3.9.1 Sustainable PU Foam
  • 3.9.2 High Resilience PU Foam
  • 3.9.3 Flexible PU Foam
  • 3.9.4 Sound-Absorbing PU Foam
  • 3.9.5 Fire-Resistant PU Foam
• 3.10 Trade Analysis (His Code- 390950)
• 3.11 Market Dynamics
  • 3.11.1 Market Driver Impact Analysis
    • 3.11.1.1 Surging Demand of Polyurethane Foam For Building Insulation 39
    • 3.11.1.2 Increasing Demand for Lightweight and High-Performance Composites From Automotive Industry
  • 3.11.2 Market Restraint Impact Analysis
    • 3.11.2.1 Raw Material Price Volatility
  • 3.11.3 Industry Opportunity Analysis
• 3.12 Industry Analysis Tools
  • 3.12.1 Porter's Analysis
  • 3.12.2 Macroeconomic Analysis
• 3.13 East European Geopolitical Implication of The Industry Overview
• 3.14 Impact Of Covid-19 on Polyurethane (PU) Foam Market

Chapter 4 Polyurethane (PU) Foam Market: Product Estimates & Trend Analysis

• 4.1 Product Movement Analysis & Market Share, 2023 & 2030
• 4.2 Product Movement Analysis & Market Share, 2023 & 2030
• 4.3 Polyurethane (Pu) Foam Market Estimates & Forecast, By Product (Kilotons) (USD Million)
  • 4.3.1 Rigid Foam
  • 4.3.2 Flexible Foam

Chapter 5 Polyurethane (PU) Foam Market: Application Estimates & Trend Analysis

• 5.1 Application Movement Analysis & Market Share, 2023 & 2030
• 5.2 Application Movement Analysis & Market Share, 2023 & 2030
• 5.3 Polyurethane (PU) Foam Market Estimates & Forecast, By Application (Kilotons) (USD Million)
  • 5.3.1 Bedding & Furniture
    • 5.3.1.1 Mattress
    • 5.3.1.2 Chairs
    • 5.3.1.3 Upholstery Components
  • 5.3.2 Transportation
    • 5.3.2.1 Automotive
    • 5.3.2.2 Railway
    • 5.3.2.3 Aerospace
    • 5.3.2.4 Marine
  • 5.3.3 Packaging
  • 5.3.4 Construction
  • 5.3.5 Electronics
  • 5.3.6 Footwear
  • 5.3.7 Others

Chapter 6 Polyurethane (PU) Foam Market: Regional Estimates & Trend Analysis

• 6.1 Polyurethane (PU) Foam Market: Regional Outlook
• 6.2 North America
  • 6.2.1 North America Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.2.2 U.S.
    • 6.2.2.1 U.S. Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.2.3 Canada
    • 6.2.3.1 Canada Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.2.4 Mexico
    • 6.2.4.1 Mexico Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 6.3 Europe
  • 6.3.1 Europe Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3.2 Germany
    • 6.3.2.1 Germany Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3.3 UK
    • 6.3.3.1 UK Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3.4 Italy
    • 6.3.4.1 Italy Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3.5 France
    • 6.3.5.1 France Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3.6 Poland
    • 6.3.6.1 Poland Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3.7 Spain
    • 6.3.7.1 Spain Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.3.8 Netherlands
    • 6.3.8.1 Netherlands Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 6.4 Asia Pacific
  • 6.4.1 Asia Pacific Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4.2 China
    • 6.4.2.1 China Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4.3 India
    • 6.4.3.1 India Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4.4 Japan
    • 6.4.4.1 Japan Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4.5 South Korea
    • 6.4.5.1 South Korea Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4.6 Australia 99
    • 6.4.6.1 Australia Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4.7 Thailand
    • 6.4.7.1 Thailand Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4.8 Indonesia
    • 6.4.8.1 Indonesia Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 6.5 Central & South America
  • 6.5.1 Central & South America Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.5.2 Brazil
    • 6.5.2.1 Brazil Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.5.3 Argentina
    • 6.5.3.1 Argentina Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
• 6.6 Middle East & Africa
  • 6.6.1 Middle East & Africa Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.6.2 Saudi Arabia
    • 6.6.2.1 Saudi Arabia Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
  • 6.6.3 United Arab Emirates (U.A.E.)
    • 6.6.3.1 United Arab Emirates (U.A.E.) Polyurethane (PU) Foam Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)

Chapter 7 Polyurethane (PU) Foam Market - Competitive Landscape

• 7.1 Recent Developments & Impact Analysis, By Key Market Participants
• 7.2 Vendor Landscape
  • 7.2.1 Company Categorization
  • 7.2.2 List Of Key Distributors And Channel Partners
  • 7.2.3 List Of Potential Customers/End-Use
• 7.3 Portfolio Analysis/Kraljic Matrix
• 7.4 Competitive Dynamics
  • 7.4.1 Company Market Share Analysis & Market Positioning
  • 7.4.2 Production Capacity & Plant Location Of Major Market Players
  • 7.4.3 Strategy Mapping
    • 7.4.3.1 Expansions
    • 7.4.3.2 Mergers & Acquisitions
    • 7.4.3.3 Collaborations
    • 7.4.3.4 New Product Launches
  • 7.4.4 Company Heat Map Analysis
• 7.5 Participant's Overview
• 7.6 Financial Performance
• 7.7 Product Benchmarking
• 7.8 Company Profiles
  • 7.8.1 Huntsman Corporation
  • 7.8.2 The Dow Chemical Company
  • 7.8.3 Basf Se
  • 7.8.4 Sekisui Chemical Co., Ltd.
  • 7.8.5 Trelleborg Ag
  • 7.8.6 Future Foam, Inc.
  • 7.8.7 Elliott Co. Of Indianapolis, Inc.
  • 7.8.8 Recticel S.A.
  • 7.8.9 Foamcraft, Inc.
  • 7.8.10 Ufp Technologies, Inc.
  • 7.8.11 Rogers Corporation
  • 7.8.12 Wanhua Chemical Group Co., Ltd.
  • 7.8.13 Saint-Gobain S.A.