North America Polyurethane Foam Market Size & Outlook
North America polyurethane foam market, 2018-2030 (US$M)
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North America polyurethane foam market highlights
- The North America polyurethane foam market generated a revenue of USD 8,307.1 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, flexible foam was the largest revenue generating product in 2023.
- Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 8,307.1 million |
| Market revenue in 2030 | USD 13,367.1 million |
| Growth rate | 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 |
| Key market players worldwide | Huntsman Corp, Dow Inc, Basf SE, Sekisui Chemical Co Ltd, Trelleborg AB ADR, Future PLC, Recticel, UFP Technologies Inc, Rogers Corp, Compagnie de Saint-Gobain SA |
Other key industry trends
- In terms of revenue, North America region accounted for 19.0% of the global polyurethane foam market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 34,024.6 million by 2030.
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Polyurethane Foam Market Scope
Polyurethane Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 57.54% in 2023. Horizon Databook has segmented the North America polyurethane foam market based on rigid foam, flexible foam covering the revenue growth of each sub-segment from 2018 to 2030.
North America holds a significant position in the global polyurethane (PU) foam market. The demand for PU foam in North America has witnessed steady growth over the years, primarily due to growth in various industries such as construction, automotive, furniture, and bedding.
The construction sector, in particular, has been a major contributor to the PU foam market, driving its extensive use in insulation applications for residential and commercial buildings.
The automotive industry has also played a crucial role in market expansion, driving PU foam’s consumption for manufacturing seating, cushioning, and interior components, owing to lightweight, durability, and energy-absorption.
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Target buyers of North America 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 continent-level data and insights on the North America polyurethane foam market , including forecasts for subscribers. This continent databook contains high-level insights into North America polyurethane foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America polyurethane foam market size, by country, 2018-2030 (US$M)
North America Polyurethane Foam Market Outlook Share, 2023 & 2030 (US$M)
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