Saudi Arabia Polyurethane Foam Market Size & Outlook
Saudi Arabia polyurethane foam market, 2018-2030 (US$M)
Related Markets
Saudi Arabia polyurethane foam market highlights
- The Saudi Arabia polyurethane foam market generated a revenue of USD 884.4 million in 2023 and is expected to reach USD 1,463.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.5% 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.
Polyurethane foam market data book summary
| Market revenue in 2023 | USD 884.4 million |
| Market revenue in 2030 | USD 1,463.0 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 2.0% of the global polyurethane foam market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia polyurethane foam market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,347.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Polyurethane Foam Market Scope
Polyurethane Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 51.9% in 2023. Horizon Databook has segmented the Saudi Arabia polyurethane foam market based on rigid foam, flexible foam covering the revenue growth of each sub-segment from 2018 to 2030.
The Saudi Arabia Polyurethane (PU) foam market is closely linked to the country's ambitious goals of mobility and infrastructure development. The government has set a target of 30% of the cars in the capital city running on electric power by 2030.
This commitment to promoting mobility presents a significant opportunity for the PU foam market, as electric vehicles require advanced insulation materials, including PU foam, to enhance energy efficiency and ensure optimal performance.
Furthermore, the Law project for the Promotion of Mobility aligns with Saudi Arabia's vision to create a more transportation system. This initiative aims to encourage the use of alternative energy sources and promote the adoption of electric and hybrid vehicles.
Reasons to subscribe to Saudi Arabia polyurethane foam market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Saudi Arabia polyurethane foam market databook
-
Our clientele includes a mix of polyurethane foam market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Saudi Arabia polyurethane foam market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia polyurethane foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia polyurethane foam market size, by product, 2018-2030 (US$M)
Saudi Arabia Polyurethane Foam Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
