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Published Date: 2017-10-27Number of Pages: 170

Polyurethane Foam Market (Product Type - Flexible, Rigid; Application - Building and Construction, Bedding and Furniture, Automotive, Packaging, Electronics, Footwear; End Use - Heat and Sound Insulation, Aesthetics and Seating Comfort, Packaging Safety, Dielectric and Adhesive) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Global Polyurethane Foam Market: Snapshot

The polyurethane foam market has become a key part of various sectors in recent years due to the diverse applicability of polyurethane foam. The polyurethane foam market has gained demand from such diverse end use sectors as the construction industry, the automotive industry, and the packaging industry due to the favorable physical properties of polyurethane foam. Polyurethane foam is lightweight, which instantly puts it at an advantage against conventional materials in many end use sectors. In addition, polyurethane foam is chemically stable, flexible, and acts as an ideal insulating agent. The polyurethane foam market is thus likely to gain from the solid rise in demand from its numerous end use sectors over the 2017-2022 forecast period.

According to Transparency Market Research, the global polyurethane foam market is likely to rise from US$51.4 bn to US$74 bn over the 2017-2022 forecast period. The strong growth prospects of the polyurethane foam market between 2017 and 2022 are illustrated in its robust 7.6% CAGR therein.

polyurethane foam market

Flexible Polyurethane Foam to Hold Slender Lead over Rigid Foam

The global polyurethane foam market is segmented by product type into flexible and rigid polyurethane foam. Of these, flexible polyurethane foam is the dominant contributor to the global polyurethane foam market. The flexible polyurethane foam segment accounted for 50.2% of the global market in 2017, with a valuation of US$25.5 bn, and is likely to rise to a valuation of US$36 bn by 2022. The flexible polyurethane foam segment is expected to account for 50.6% of the global market by 2022, exhibiting a 7.2% CAGR over the 2017-2022 forecast period.

APEJ to Remain Dominant Regional Market for Polyurethane Foam

Geographically, the report studies the performance of the polyurethane foam market in Japan, Asia Pacific except Japan, the Middle East and Africa, Europe, Latin America, and North America in order to present readers with a clear picture of how the market is likely to fare in various regions over the coming years. Of these, Asia Pacific except Japan is the dominant regional market for polyurethane foam, accounting for close to 40% of the global polyurethane foam market’s revenue in 2017. The Asia Pacific except Japan market for polyurethane foam is likely to gain 59 BPS in its share in the global polyurethane foam market over the 2017-2022 forecast period to reinforce its position as the dominant regional contributor to the global polyurethane foam market.

Europe, North America to Retain Significant Shares; MEA, Japan to Rise in Global Market Share

The Europe market for polyurethane foam is expected to exhibit a strong 7.2% CAGR over the 2017-2022 forecast period to emerge at a valuation of US$17.8 bn by the end of 2022. The polyurethane foam market is also likely to exhibit the same CAGR in North America between 2017 and 2022, with the North America polyurethane foam market expected to rise from a 2017 valuation of US$9.5 bn to US$13.4 bn by the end of 2022. The Japan polyurethane foam market is likely to exhibit a robust 8.1% CAGR over the 2017-2022 forecast period, rising to a valuation of US$1.9 bn by 2022. Meanwhile, the Middle East and Africa market for polyurethane foam is also likely to rise in estimation in the global market over the 2017-2022 forecast period, with the regional market set to gain 16 BPS by 2022 over its 2017 share in the global polyurethane foam market.

Global Polyurethane Foam Market: Competitive Dynamics

Key companies in the global polyurethane foam market include BASF SE, The Dow Chemical Company, Nitto Denko Corporation, Compagnie DE Saint-Gobain SA, Trelleborg AB, Recticel SA, Tosoh Corporation, Chemtura Corporation, UFP Technologies Inc., and Covestro AG.

Global Polyurethane Foam Market: Overview

The global polyurethane foam market report provides a comprehensive look at the market by profiling the historical growth trajectory of the market from 2012 to 2017 and further providing reliable insight into the likely growth trajectory of the market over the 2017-2022 forecast period. The key drivers affecting the growth trajectory of the global polyurethane foam market are assessed in the report in order to understand the extent of their impact on the global market’s growth in the coming years. Leading segments of the global polyurethane foam market are assessed in the report to provide readers with a clear picture of how the polyurethane foam market is composed and how it is likely to grow in the coming years. Key competitors in the global polyurethane foam market are also profiled in the report to help readers understand the competitive dynamics of the market in the coming years. The report uses reliable industry standard analytical tools in order to present projections about the growth trajectory of the global polyurethane foam market over the 2017-2022 forecast period.

According to Transparency Market Research, the global polyurethane foam market is likely to reach a valuation of US$51.4 bn by the end of 2017 and further rise to a valuation of more than US$74 bn by the end of 2022. The global polyurethane foam market is likely to exhibit a strong 7.6% CAGR between 2017 and 2022.

Global Polyurethane Foam Market: Dynamics

The key drivers and restraints affecting the global polyurethane foam market’s growth trajectory are assessed in the report in terms of their impact on the market over the 2012-2017 review period and their potential to affect the polyurethane foam market’s trajectory over the 2017-2022 forecast period. Leading drivers for the polyurethane foam market are profiled to give readers an idea of which market trends to embrace to expand their presence in the global market. Influential restraints hindering the polyurethane foam market’s growth are also profiled to describe to readers key factors that could hamper their strategies in the polyurethane foam market over the 2017-2022 forecast period.

Global Polyurethane Foam Market: Segmentation

The report describes the composition of the global polyurethane foam market by segmenting the global market by various criteria to reveal its granular composition. The leading segments of the global polyurethane foam market are assessed in the report to understand how the various arms of the polyurethane foam market are likely to develop in the coming years.

By product type, the global polyurethane foam market is bifurcated into flexible and rigid polyurethane foam. By application, the report segments the global polyurethane foam market into building and construction, packaging, automotive, bedding and furniture, electronics, footwear, and others. By end use, the polyurethane foam market is segmented into heat and sound insulation, aesthetics and seating comfort, packaging safety, and dielectrics and adhesives.

Global Polyurethane Foam Market: Competitive Dynamics

The report profiles leading players operating in the global polyurethane foam market in order to explain to readers the market’s operating conditions. The product catalog and strategies employed by key players are assessed to understand which stand a better chance of success in the polyurethane foam market over the 2017-2022 forecast period.

Key companies in the global polyurethane foam market include BASF SE, The Dow Chemical Company, Nitto Denko Corporation, Compagnie DE Saint-Gobain SA, Trelleborg AB, Recticel SA, Tosoh Corporation, Chemtura Corporation, UFP Technologies Inc., and Covestro AG.


 
 
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