Global Automotive Foam Market Size & Outlook, 2021-2030
The automotive foam industry worldwide is expected to reach a projected revenue of US$ 57,534.6 million by 2030. A compound annual growth rate of 8% is expected of the worldwide automotive foam industry from 2022 to 2030.
Revenue, 2021 (US$M)
$28,899.3
Forecast, 2030 (US$M)
$57,534.6
CAGR, 2022 - 2030
8%
Report Coverage
Worldwide
Global automotive foam market, 2019-2030 (US$M)
Related Markets
Global automotive foam market highlights
- The global automotive foam market generated a revenue of USD 28,899.3 million in 2021 and is expected to reach USD 57,534.6 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 8% by 2030.
- In terms of segment, polyurethane (pu) foam accounted for a revenue of USD 20,790.6 million in 2021.
- Polyolefin (PO) Foam is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, Italy is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 28,899.3 million |
| Market revenue in 2030 | USD 57,534.6 million |
| Growth rate | 8% (CAGR from 2021 to 2030) |
| Largest segment | Polyurethane (pu) foam |
| Fastest growing segment | Polyolefin (PO) Foam |
| Historical data covered | 2019 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyurethane (PU) Foam, Polyolefin (PO) Foam |
Other key industry trends
- In terms of revenue, the North America accounted for 28.2% of the global automotive foam market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 1,535.5 million by 2030.
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Automotive Foam Market Scope
Automotive foam market segmentation & scope
Seating
Instrument Panels
Headliners
Door Panels & Watershields
Seals, Gaskets & Nvh
Others
Bumper System
Others
Automotive Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive foam market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive foam market will help companies and investors design strategic landscapes.
Polyurethane (pu) foam was the largest segment with a revenue share of 71.94% in 2021. Horizon Databook has segmented the Global automotive foam market based on polyurethane (pu) foam, polyolefin (po) foam covering the revenue growth of each sub-segment from 2019 to 2030.
- Global Automotive Foam Type Outlook (Revenue, USD Million, 2019-2030)
- Polyurethane (PU) Foam
- Polyolefin (PO) Foam
- Others
- Global Automotive Foam End-user Outlook (Revenue, USD Million, 2019-2030)
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Global Automotive Foam Application Outlook (Revenue, USD Million, 2019-2030)
- Interior
- Seating
- Instrument Panels
- Headliners
- Door Panels & Watershields
- Seals, Gaskets & Nvh
- Others
- Exterior
- Bumper System
- Others
- Interior
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Target buyers of Global automotive foam market databook
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Our clientele includes a mix of automotive foam market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive foam market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global automotive foam market size, by regions, 2019-2030 (US$M)
Top 10 countries: Automotive foam market size, 2021 (US$M)
Global automotive foam market share, by type, 2021 & 2030 (%, US$M)
automotive foam market: Opportunity assessment by country
Global automotive foam market, by region, 2021 (US$M)
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