Spain Polyurethane Foam Market Size & Outlook, 2023-2030
Spain polyurethane foam market, 2018-2030 (US$M)
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Spain polyurethane foam market highlights
- The Spain polyurethane foam market generated a revenue of USD 792.7 million in 2023 and is expected to reach USD 1,292.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.2% 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 792.7 million |
| Market revenue in 2030 | USD 1,292.2 million |
| Growth rate | 7.2% (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, Spain accounted for 1.8% 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 Europe, Germany polyurethane foam market is projected to lead the regional market in terms of revenue in 2030.
- Poland is the fastest growing regional market in Europe and is projected to reach USD 1,012.3 million by 2030.
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Polyurethane Foam Market Scope
Polyurethane Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain 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 59.27% in 2023. Horizon Databook has segmented the Spain polyurethane foam market based on rigid foam, flexible foam covering the revenue growth of each sub-segment from 2018 to 2030.
The polyurethane (PU) foam market in Spain is experiencing significant growth and playing a pivotal role in the industry. Several factors contribute to the country's robust PU foam market. Firstly, Spain's construction sector is a major driver of PU foam demand.
The use of PU foam in insulation applications, such as roofs, walls, and flooring, has gained prominence due to its excellent thermal insulation properties and energy-saving benefits. As Spain prioritizes energy efficiency construction practices, the demand for PU foam continues to rise.
Moreover, the automotive industry in Spain has also embraced PU foam for various applications. From car seats and interior components to soundproofing and vibration damping, PU foam provides comfort, safety, and enhanced driving experiences.
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Our clientele includes a mix of polyurethane foam market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain polyurethane foam market , including forecasts for subscribers. This country databook contains high-level insights into Spain polyurethane foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain polyurethane foam market size, by product, 2018-2030 (US$M)
Spain Polyurethane Foam Market Outlook Share, 2023 & 2030 (US$M)
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