Global Polyurethane Foam Market Size & Outlook, 2023-2030
Global polyurethane foam market, 2018-2030 (US$M)
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Global polyurethane foam market highlights
- The global polyurethane foam market generated a revenue of USD 43,698.7 million in 2023 and is expected to reach USD 73,566.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.7% by 2030.
- In terms of segment, flexible foam accounted for a revenue of USD 25,670.3 million in 2023.
- Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 43,698.7 million |
| Market revenue in 2030 | USD 73,566.6 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Foam, Flexible Foam |
Other key industry trends
- In terms of revenue, the North America accounted for 19.0% of the global polyurethane foam market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 1,416.9 million by 2030.
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Polyurethane Foam Market Scope
Polyurethane Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Future PLC | View profile | 2920 | Quay House, The Ambury, Bath, United Kingdom, BA1 1UA | https://www.futureplc.com |
| Recticel | View profile | 5001-10000 | Brussels, Brussels Hoofdstedelijk Gewest, Belgium, Europe | https://www.recticel.com |
| Rogers Corp | View profile | 3300 | 2225 West Chandler Boulevard, Chandler, AZ, United States, 85224-6155 | https://www.rogerscorp.com |
| UFP Technologies Inc | View profile | 3293 | 100 Hale Street, Newburyport, MA, United States, 01950-3504 | https://www.ufpt.com |
| Trelleborg AB ADR | View profile | 15646 | Johan Kocksgatan 10, P.O. Box 153, Trelleborg, Sweden, SE- 23122 | https://www.trelleborg.com |
| Sekisui Chemical Co Ltd | View profile | 26838 | 4-4, Nishitenma 2-Chome, Kita-ku, Osaka, Japan, 530-8565 | http://www.sekisui.co.jp |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global polyurethane 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 polyurethane foam market will help companies and investors design strategic landscapes.
Flexible foam was the largest segment with a revenue share of 58.74% in 2023. Horizon Databook has segmented the Global polyurethane foam market based on rigid foam, flexible foam covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Polyurethane Foam Product Outlook (Revenue, USD Million, 2018-2030)
- Rigid Foam
- Flexible Foam
- Global Polyurethane Foam Application Outlook (Revenue, USD Million, 2018-2030)
- Bedding & Furniture
- Mattress
- Chairs
- Upholstery Components
- Transportation
- Automotive
- Railway
- Aerospace
- Marine
- Packaging
- Construction
- Electronics
- Footwear
- Others
- Bedding & Furniture
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Target buyers of Global polyurethane foam market databook
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Our clientele includes a mix of polyurethane 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 polyurethane foam market , including forecasts for subscribers. This global databook contains high-level insights into Global polyurethane foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global polyurethane foam market size, by regions, 2018-2030 (US$M)
Top 10 countries: Polyurethane foam market size, 2023 (US$M)
Global polyurethane foam market share, by product, 2023 & 2030 (%, US$M)
Polyurethane foam market: Opportunity assessment by country
Global polyurethane foam market, by region, 2023 (US$M)
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