Polyurethane Foam Market by Application, Type, and Geography - Forecast and Analysis 2023-2027

  • Published: Feb 2023
  • Pages: 173
  • SKU: IRTNTR71741

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Polyurethane Foam market growth will increase by $6.84 million t during 2023-2027.
The polyurethane foam market is expected to grow at a CAGR of 7.63% during 2023-2027.
Technavio has segmented the polyurethane foam market by application (Furniture and bedding, Building and construction, Transport, Appliances, and Others) ,type (Flexible PU foams, Rigid PU foams, Molded PU foams, Appliances, and Others) , and geography (APAC, Europe, North America, Middle East and Africa, and South America).
All Foam Products Co., Armacell International SA, Changzhou Sanhe Plastic Rubber Co. Ltd., Clark Foam Products Corp., Dafa AS, FoamPartner Switzerland AG, Hira Industries LLC, INOAC Corp., Johnson Controls International Plc., JSP Ltd., Mitsui Chemicals Inc., Orlando Products Inc., Palziv Inc., PAR Group Ltd., Pregis LLC, PTI Rubber and Gaskets Inc., Rogers Foam Corp., Sealed Air Corp., Wisconsin Foam Products, Zotefoams Plc are a few of the key vendors in the polyurethane foam market.
APAC will register the highest growth rate of 45.91% among the other regions. Therefore, the polyurethane foam market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the polyurethane foam market growth are:
  • Increasing demand for PU foams in furniture and bedding
  • Increased use of methylal and HFOs as alternative to HFCs and HCFCs
The polyurethane foam market vendors should focus on grabbing business opportunities from the Furniture and bedding segment as it accounted for the largest market share in the base year.
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