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市場調査レポート
商品コード
1541167
ポリウレタンフォーム市場レポート：構造、製品タイプ、密度、最終用途産業、地域別、2024年～2032年Polyurethane Foam Market Report by Structure, Product Type, Density, End-Use Industry, and Region 2024-2032 |
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| ポリウレタンフォーム市場レポート：構造、製品タイプ、密度、最終用途産業、地域別、2024年～2032年 |
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出版日: 2024年08月10日
発行: IMARC
ページ情報: 英文 146 Pages
納期: 2～3営業日
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- 全表示
- 概要
- 図表
- 目次
世界のポリウレタン（PU）フォーム市場規模は2023年に521億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに875億米ドルに達し、2024～2032年の成長率（CAGR）は5.8%になると予測しています。建設業界の拡大とバイオベースのポリオールのイントロダクションが、主に市場を牽引しています。
ポリウレタン（PU）フォーム市場の分析：
主な市場促進要因：住宅や商業施設で塗料、コーティング剤、接着剤とともに使用される半硬質ポリウレタンフォームや軟質ポリウレタンフォームの需要の高まりは、市場を刺激する主要な要因のひとつです。
主要市場動向：アームレスト、ダッシュボード、エアバッグ、その他の外装部品を含む軽量自動車部品製造のための数多くの製品イノベーションが、重要な成長促進要因として作用しています。
競合情勢：世界市場の著名企業には、BASF SE、Covestro AG、Foamcraft Inc.、Future Foam Inc.、Huntsman International LLC.（Indorama Ventures Public Company Limited）、Recticel NV/SA、Rogers Corporation、Saint-Gobain S.A.、積水化学工業株式会社、The Dow Chemical Companyなどがあります。The Dow Chemical Company、東ソー株式会社、UFP Technologies Inc.、Wanhua Chemical Group Co.Ltd.などがあります。
地理的動向：アジア太平洋地域は、包装産業への大規模な投資により、市場で明確な優位性を示しています。さらに、スプレー、フレキシブル、リジッドの各形態が容易に入手できることが、この地域の市場をさらに強化しています。
課題と機会：市場を阻害している主な課題のひとつは、環境問題への関心の高まりです。しかし、持続可能な代替材料の開拓は、予測される期間にわたって市場を活性化し続けると思われます。
ポリウレタン（PU）フォーム市場の動向：
バイオベースPUフォームのイントロダクション
ヒマシ油、大豆、その他の植物由来の材料など、再生可能な資源に由来し、石油ベースの化学物質への依存を最小限に抑えるバイオベースの代替品の人気が高まっていることが、市場を後押ししています。さらに、二酸化炭素排出量を削減するだけでなく、従来の発泡体に匹敵する性能を発揮します。企業は研究開発活動に投資して、こうした持続可能なフォームの特性を高め、競争力を高めています。さらに、環境に優しい製品に対する消費者の嗜好の高まりが、ポリウレタン（PU）フォーム市場の需要をさらにエスカレートさせています。例えば、2024年5月、メディア・フュージョンとクレイン・コミュニケーションズは、ボンベイ・エキシビション・センターのNESCOでインド初の持続可能なポリウレタン・フォーム・エキスポ・ショーを開催し、PU材料、製品、技術のメーカーや生産者を一堂に集めると発表しました。
リサイクル技術の向上
発泡廃棄物を再利用可能な原料に分解するための化学的・機械的リサイクル方法の開発は、大きな成長促進要因として作用しています。これらの技術は、高品質の再生ポリウレタンフォームを可能にし、それによってバージン材料の必要性を最小限に抑え、廃棄物を削減します。さらに、効率的なリサイクルシステムの導入は、環境規制を遵守し、業界における持続可能な慣行に対する需要の高まりに応えるために、メーカーにとって優先事項となっており、ポリウレタン（PU）フォーム市場の収益を押し上げています。例えば、2024年3月、Milliken &Companyは、より高い回収率を提供するポリウレタン（PU）配合を強化するように設計された包括的な着色剤および添加剤ポートフォリオを展示し、それにより、リサイクルされたポリオールの色に影響を与えることなく、産業廃棄物処理後および消費者処理後の使用を奨励しています。
建設業界における用途の増加
建設業界では、シーリング材、断熱材、接着剤などにポリウレタン・フォームを使用し、エネルギー効率と建物の耐久性を高めています。また、ポリウレタン・フォームは軽量であるため、自動車全体の軽量化や燃費の向上にも役立っています。これらの産業が成長を続け、性能と効率を優先するにつれて、高品質の製品バリエーションへの需要が予測期間中のポリウレタン（PU）フォーム市場の見通しを促進すると予想されます。例えば、2024年5月、建築化学品メーカーでPenosilスプレーのブランドオーナーであるWolf Groupは、建設工程用のPUフォーム工場をスペインに開設しました。
目次
第1章 序文
第2章 調査範囲と調査手法
- 調査の目的
- ステークホルダー
- データソース
- 一次情報
- 二次情報
- 市場推定
- ボトムアップアプローチ
- トップダウンアプローチ
- 調査手法
第3章 エグゼクティブサマリー
第4章 イントロダクション
- 概要
- 主要業界動向
第5章 世界ポリウレタン（PU）フォーム市場
- 市場概要
- 市場実績
- COVID-19の影響
- 市場予測
第6章 市場内訳：構造別
- オープンセル
- 市場動向
- 市場予測
- クローズドセル
- 市場動向
- 市場予測
第7章 市場内訳：製品タイプ別
- フレキシブルフォーム
- 市場動向
- 市場予測
- 硬質フォーム
- 市場動向
- 市場予測
- スプレーフォーム
- 市場動向
- 市場予測
第8章 市場内訳：密度別
- 低密度
- 市場動向
- 市場予測
- 中密度
- 市場動向
- 市場予測
- 高密度
- 市場動向
- 市場予測
第9章 市場内訳：最終用途産業別
- 寝具と家具
- 市場動向
- 市場予測
- 建築・建設
- 市場動向
- 市場予測
- エレクトロニクス
- 市場動向
- 市場予測
- 自動車
- 市場動向
- 市場予測
- パッケージ
- 市場動向
- 市場予測
- 履物
- 市場動向
- 市場予測
- その他
- 市場動向
- 市場予測
第10章 市場内訳：地域別
- 北米
- 米国
- カナダ
- アジア太平洋
- 中国
- 日本
- インド
- 韓国
- オーストラリア
- インドネシア
- その他
- 欧州
- ドイツ
- フランス
- 英国
- イタリア
- スペイン
- ロシア
- その他
- ラテンアメリカ
- ブラジル
- メキシコ
- その他
- 中東・アフリカ
- 市場動向
- 市場内訳：国別
- 市場予測
第11章 SWOT分析
- 概要
- 強み
- 弱み
- 機会
- 脅威
第12章 バリューチェーン分析
第13章 ポーターのファイブフォース分析
- 概要
- 買い手の交渉力
- 供給企業の交渉力
- 競合の程度
- 新規参入業者の脅威
- 代替品の脅威
第14章 価格指標
第15章 競合情勢
- 市場構造
- 主要企業
- 主要企業のプロファイル
- BASF SE
- Covestro AG
- Foamcraft Inc.
- Future Foam Inc.
- Huntsman International LLC.（Indorama Ventures Public Company Limited）
- Recticel NV/SA
- Rogers Corporation
- Saint-Gobain S.A.
- Sekisui Chemical Co. Ltd.
- The Dow Chemical Company
- Tosoh Corporation
- UFP Technologies Inc.
- Wanhua Chemical Group Co. Ltd.
List of Figures
- Figure 1: Global: Polyurethane Foam Market: Major Drivers and Challenges
- Figure 2: Global: Polyurethane Foam Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Polyurethane Foam Market: Breakup by Structure (in %), 2023
- Figure 4: Global: Polyurethane Foam Market: Breakup by Product Type (in %), 2023
- Figure 5: Global: Polyurethane Foam Market: Breakup by Density (in %), 2023
- Figure 6: Global: Polyurethane Foam Market: Breakup by End-Use Industry (in %), 2023
- Figure 7: Global: Polyurethane Foam Market: Breakup by Region (in %), 2023
- Figure 8: Global: Polyurethane Foam Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Polyurethane Foam (Open Cell) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Polyurethane Foam (Open Cell) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Polyurethane Foam (Closed Cell) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Polyurethane Foam (Closed Cell) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Polyurethane Foam (Flexible Foam) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Polyurethane Foam (Flexible Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Polyurethane Foam (Rigid Foam) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Polyurethane Foam (Rigid Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Polyurethane Foam (Spray Foam) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Polyurethane Foam (Spray Foam) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Polyurethane Foam (Low Density) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Polyurethane Foam (Low Density) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Polyurethane Foam (Medium Density) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Polyurethane Foam (Medium Density) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Polyurethane Foam (High Density) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Polyurethane Foam (High Density) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Polyurethane Foam (Bedding and Furniture) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Polyurethane Foam (Bedding and Furniture) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Polyurethane Foam (Building and Construction) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Polyurethane Foam (Building and Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Polyurethane Foam (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Polyurethane Foam (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Polyurethane Foam (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Polyurethane Foam (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Polyurethane Foam (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Polyurethane Foam (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Polyurethane Foam (Footwear) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Polyurethane Foam (Footwear) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Polyurethane Foam (Other End-Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Polyurethane Foam (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: North America: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: North America: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: United States: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: United States: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Canada: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Canada: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Asia Pacific: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Asia Pacific: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: China: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: China: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Japan: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Japan: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: India: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: India: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: South Korea: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: South Korea: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Australia: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Australia: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Indonesia: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Indonesia: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Others: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Others: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Europe: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Europe: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Germany: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Germany: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: France: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: France: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: United Kingdom: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: United Kingdom: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Italy: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Italy: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Spain: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Spain: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Russia: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Russia: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Others: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Others: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Latin America: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Latin America: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Brazil: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Brazil: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Mexico: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Mexico: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Others: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Others: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Middle East and Africa: Polyurethane Foam Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Middle East and Africa: Polyurethane Foam Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Global: Polyurethane (PU) Foam Industry: SWOT Analysis
- Figure 88: Global: Polyurethane (PU) Foam Industry: Value Chain Analysis
- Figure 89: Global: Polyurethane (PU) Foam Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Polyurethane Foam Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Polyurethane Foam Market Forecast: Breakup by Structure (in Million US$), 2024-2032
- Table 3: Global: Polyurethane Foam Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 4: Global: Polyurethane Foam Market Forecast: Breakup by Density (in Million US$), 2024-2032
- Table 5: Global: Polyurethane Foam Market Forecast: Breakup by End-Use Industry (in Million US$), 2024-2032
- Table 6: Global: Polyurethane Foam Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Polyurethane Foam Market Structure
- Table 8: Global: Polyurethane Foam Market: Key Players
The global polyurethane (PU) foam market size reached US$ 52.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 87.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032. The expanding construction industry, along with the introduction of bio-based polyols, is primarily driving the market.
Polyurethane (PU) Foam Market Analysis:
Major Market Drivers: The rising demand for semi-rigid and flexible polyurethane foams that are used with paints, coatings, and adhesives in residential and commercial complexes is one of the key drivers stimulating the market.
Key Market Trends: Numerous product innovations for the manufacturing of light-weight automobile components, including armrests, dashboards, airbags, and other exterior parts, are acting as significant growth-inducing factors.
Competitive Landscape: Some of the prominent companies in the global market include BASF SE, Covestro AG, Foamcraft Inc., Future Foam Inc., Huntsman International LLC. (Indorama Ventures Public Company Limited), Recticel NV/SA, Rogers Corporation, Saint-Gobain S.A., Sekisui Chemical Co. Ltd., The Dow Chemical Company, Tosoh Corporation, UFP Technologies Inc., and Wanhua Chemical Group Co. Ltd., among many others.
Geographical Trends: Asia Pacific exhibits a clear dominance in the market, owing to its extensive investments in the packaging industry. Additionally, the easy availability of spray, flexible, and rigid forms is further bolstering the regional market.
Challenges and Opportunities: One of the key challenges hindering the market is the increasing environmental concerns. However, the development of sustainable alternatives will continue to fuel the market over the forecasted period.
Polyurethane (PU) Foam Market Trends:
Introduction of Bio-based PU Foams
The rising popularity of bio-based alternatives that are derived from renewable resources like castor oil, soybeans, and other plant-based materials to minimize dependence on petroleum-based chemicals is propelling the market. Moreover, they not only lower the carbon footprint but also offer comparable performance to traditional foams. Companies are investing in R&D activities to enhance the properties of these sustainable foams, making them more competitive. Additionally, the growing consumer preference for eco-friendly products is further escalating the polyurethane (PU) foam market demand. For instance, in May 2024, Media Fusion and Crain Communications announced India's first sustainable Polyurethane and Foam Expo Show at NESCO, Bombay Exhibition Center, to bring together manufacturers and producers of PU materials, products, and technologies.
Improvements in Recycling Technologies
The development of chemical and mechanical recycling methods to break down foam waste into reusable raw materials is acting as a significant growth-inducing factor. These technologies enable high-quality recycled polyurethane foams, thereby minimizing the need for virgin materials and reducing waste. Moreover, the implementation of efficient recycling systems is becoming a priority for manufacturers to comply with environmental regulations and meet the increasing demand for sustainable practices in the industry, which is elevating the polyurethane (PU) foam market revenue. For example, in March 2024, Milliken & Company showcased a comprehensive colorant and additive portfolio designed to enhance polyurethane (PU) formulations that offer a higher recovery yield, thereby encouraging post-industrial and post-consumer usage without impacting the recycled polyol's color.
Increasing Applications in the Construction Industry
The construction industry utilizes these foams for sealants, thermal insulation, adhesives, etc., thereby enhancing energy efficiency and building durability. The lightweight nature of polyurethane foams also helps in reducing overall vehicle weight and improving fuel efficiency. As these industries continue to grow and prioritize performance and efficiency, the demand for high-quality product variants is expected to fuel the polyurethane (PU) foam market outlook over the forecasted period. For example, in May 2024, Wolf Group, the building chemicals producer and brand owner of Penosil spray, opened its PU foam factory in Spain for the construction processes.
Global Polyurethane (PU) Foam Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the polyurethane (PU) foam market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the structure, product type, density, and end-use industry.
Breakup by Structure:
Open Cell
Closed Cell
The report has provided a detailed breakup and analysis of the market based on the structure. This includes open cell and closed cell.
Open cell PU foam, known for its softer and more flexible nature, is widely utilized in acoustic insulation, furniture, bedding, and packaging due to its excellent sound absorption and cushioning properties. In contrast, closed cell PU foam, which is denser and more rigid, excels in thermal insulation, buoyancy applications, and automotive uses owing to its superior thermal insulation, moisture resistance, and buoyancy. The polyurethane (PU) foam market price trends are influenced by the increasing construction activities, the escalating demand for energy-efficient buildings, and the growth of the automotive sector.
Breakup by Product Type:
Flexible Foam
Rigid Foam
Spray Foam
Currently, rigid foam holds the largest polyurethane (PU) foam market share
The report has provided a detailed breakup and analysis of the market based on the product type. This includes flexible foam, rigid foam, and spray foam. According to the report, rigid foam represented the largest market segmentation.
Rigid PU foam, characterized by its high insulation properties and structural integrity, continues to see significant advancements and product launches. Recently, several key players in the industry have introduced innovative rigid PU foam products aimed at enhancing energy efficiency and sustainability in construction and industrial applications. For instance, BASF launched a new line of rigid PU foam panels designed for superior thermal insulation in building envelopes, significantly reducing energy consumption. These product launches not only highlight the ongoing innovation within the rigid PU foam segment but also underscore the market's response to increasing regulatory pressures and consumer demand for greener, more efficient building materials.
Breakup by Density:
Low Density
Medium Density
High Density
Among these, low density account for the largest polyurethane (PU) foam market value
The report has provided a detailed breakup and analysis of the market based on the density. This includes low density, medium density, and high density. According to the report, low density represented the largest market segmentation.
Low density PU foam represented the largest segmentation in the market due to its extensive range of applications and cost-effectiveness. Its lower material usage results in significant cost savings, making it an attractive choice for manufacturers. This type of foam is widely used in the furniture and bedding industry for cushions and mattresses, where comfort and breathability are crucial. Additionally, its excellent sound absorption properties make it ideal for acoustic insulation in buildings and vehicles. The lightweight nature also contributes to its popularity in packaging applications, providing adequate protection while reducing shipping costs. As per the polyurethane (PU) foam market overview, these versatile applications, combined with economic advantages, will continue to fuel dominance in the coming years.
Breakup by End-Use Industry:
Bedding and Furniture
Building and Construction
Electronics
Automotive
Packaging
Footwear
Others
Building and construction account for the majority of the total market share
The report has provided a detailed breakup and analysis of the market based on the end-use industry. This includes bedding and furniture, building and construction, electronics, automotive, packaging, footwear, and others. According to the report, building and construction represented the largest market segmentation.
The building and construction sector represented the largest segmentation in the market due to the material's exceptional insulating properties, which are crucial for enhancing energy efficiency in buildings. Rigid PU foam is extensively used in insulation panels, roofing, and wall systems, providing superior thermal resistance that significantly reduces energy consumption and utility costs. The increasing emphasis on green building practices and stringent energy efficiency regulations have further fueled the demand for PU foam in construction. Moreover, PU foam's lightweight nature and ease of installation make it a preferred choice for builders seeking to improve structural integrity and reduce construction time. The rapid urbanization and growing infrastructure projects globally have also contributed to the dominance of the building and construction sector in the polyurethane (PU) foam market segmentation. For example, in May 2024, Cannon Afros, part of the Cannon Group, launched the LIFE VICORPAN Project for the thermal insulation of domestic and commercial refrigerators using polyurethane (PU) resin-based formulations.
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific currently dominates the market
The polyurethane (PU) foam market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
The Asia Pacific polyurethane (PU) foam market is experiencing significant growth, driven by rapid industrialization, urbanization, and a booming construction sector across the region. Countries like China, India, and Japan are at the forefront, with increasing demand for PU foam in various applications, such as building insulation, automotive interiors, furniture, and packaging. The market is further bolstered by the presence of numerous local and international manufacturers who are investing in advanced production technologies and sustainable practices. These factors, combined with supportive government policies promoting energy efficiency and sustainable development, are propelling the growth of the polyurethane (PU) foam market statistics in Asia Pacific. For instance, in May 2024, Media Fusion and Crain Communications announced India's first sustainable Polyurethane and Foam Expo Show at NESCO, Bombay Exhibition Center, to bring together manufacturers and producers of PU materials, products, and technologies.
Competitive Landscape:
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major polyurethane (PU) foam companies have also been provided. Some of the key players in the market include:
BASF SE
Covestro AG
Foamcraft Inc.
Future Foam Inc.
Huntsman International LLC. (Indorama Ventures Public Company Limited)
Recticel NV/SA
Rogers Corporation
Saint-Gobain S.A.
Sekisui Chemical Co. Ltd.
The Dow Chemical Company
Tosoh Corporation
UFP Technologies Inc.
Wanhua Chemical Group Co. Ltd.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Polyurethane (PU) Foam Market Recent Developments:
May 2024: Wolf Group, the building chemicals producer and brand owner of Penosil spray, opened its polyurethane (PU) foam factory in Spain for the construction processes.
May 2024: Cannon Afros, part of the Cannon Group, launched the LIFE VICORPAN Project for the thermal insulation of domestic and commercial refrigerators using polyurethane (PU) resin-based formulations.
March 2024: Milliken & Company showcased a comprehensive colorant and additive portfolio designed to enhance polyurethane (PU) formulations that offer a higher recovery yield without impacting the recycled polyol's color.
Key Questions Answered in This Report
- 1. What was the size of the global polyurethane (PU) foam market in 2023?
- 2. What is the expected growth rate of the global polyurethane (PU) foam market during 2024-2032?
- 3. What are the key factors driving the global polyurethane (PU) foam market?
- 4. What has been the impact of COVID-19 on the global polyurethane (PU) foam market?
- 5. What is the breakup of the global polyurethane (PU) foam market based on the product type?
- 6. What is the breakup of the global polyurethane (PU) foam market based on the density?
- 7. What is the breakup of the global polyurethane (PU) foam market based on the end-use industry?
- 8. What are the key regions in the global polyurethane (PU) foam market?
- 9. Who are the key players/companies in the global polyurethane (PU) foam market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Polyurethane (PU) Foam Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Structure
- 6.1 Open Cell
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Closed Cell
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Product Type
- 7.1 Flexible Foam
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Rigid Foam
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Spray Foam
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Density
- 8.1 Low Density
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Medium Density
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 High Density
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by End-Use Industry
- 9.1 Bedding and Furniture
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Building and Construction
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Electronics
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Automotive
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Packaging
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Footwear
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Others
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 BASF SE
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Covestro AG
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Foamcraft Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Future Foam Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Huntsman International LLC. (Indorama Ventures Public Company Limited)
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Recticel NV/SA
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 Rogers Corporation
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 Saint-Gobain S.A.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.9 Sekisui Chemical Co. Ltd.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.10 The Dow Chemical Company
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Tosoh Corporation
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 UFP Technologies Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.13 Wanhua Chemical Group Co. Ltd.
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio
- 15.3.13.3 Financials
- 15.3.13.4 SWOT Analysis
- 15.3.1 BASF SE
