Product Code: GVR-4-68040-481-6
Flexible Polyurethane Foam Market Growth & Trends:
The global flexible polyurethane foam market is anticipated to reach USD 8.54 billion by 2030 and is anticipated to expand at a CAGR of 6.14% during the forecast period, according to a new report by Grand View Research, Inc. The growth of the market can be attributed to the increasing emphasis of different industries on energy efficiency, which has fueled the demand for PU foams for usage, such as insulating and cushioning materials in diverse applications. The growing demand for insulation and lightweight composites from the automotive industry are the key factors driving market growth.
The growing focus on enhancing vehicle comfort and safety is likely to drive the market growth. Flexible PU foam plays a significant role in meeting the demand for lightweight composites from the automotive industry. This foam offers an excellent combination of lightweight, strength, and versatility, thereby making it an ideal choice for various automotive applications. By incorporating flexible PU foam in automotive components, manufacturers can reduce the weight of their vehicles that leads to improved fuel efficiency and reduced emissions.
Additionally, the rise in the middle-class population and increased affordability of air travel in regions such as Asia Pacific and the Middle East is leading to a surge in aircraft production and fleet expansion. This is expected to create a need for high-performance materials, such as flexible PU foam, to outfit these new aircraft with durable, lightweight, and comfortable interiors, contributing to the overall market growth.
Flexible Polyurethane Foam Market Report Highlights:
- Based on application, the automotive segment held the largest share, accumulating 49.32% market share in 2024. The demand for electric vehicles (EVs) is increasing, propelling the use of flexible PU foam in the automotive industry.
- Aerospace is expected to grow at a significant CAGR in the coming years. The rapid expansion of air travel, especially in emerging markets, significantly contributes to the growing demand for flexible PU foam.
- Based on region, Asia Pacific dominated the global flexible PU Foam market, accumulating 44.70% market share in 2024. The construction industry in countries like China, India, and Southeast Asian nations is witnessing significant growth, driving the demand for flexible PU foam in insulation applications.
- Key players operating in the market include BASF SE; Recticel; Eurofoam S.r.l.; NMC SA; Innocor (Huebach Corporation); and Alanto Ltd, among others
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information procurement
- 1.3.1 Information analysis
- 1.3.2 Market formulation & data visualization
- 1.3.3 Data validation & publishing
- 1.4 Research Scope and Assumptions
- 1.4.1 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Outlook 2023
- 2.2 Segment Outlook
- 2.3 Competitive Landscape Snapshot
Chapter 3 Flexible Polyurethane Foam Value Chain Framework
- 3.1 Flexible PU Foam Price Trend Analysis, 2018 - 2030
- 3.2 Key Flexible PU Foam Market Participants Company Outlines
- 3.2.1 Participant's Overview
- 3.2.2 Financial Performance
- 3.2.3 Product Benchmarking
- 3.3 Strategy Mapping & Recent Developments, by Key Market Participants
- 3.4 Heatmap Analysis
- 3.4.1 Company Categorization Matrix
Chapter 4 Flexible Polyurethane (PU) Foam Market: Application Estimates & Trend Analysis
- 4.1 Market Attractiveness Index, by Application
- 4.1.1 Key Growth driving factors
- 4.2 Flexible Polyurethane (PU) Foam Market, by Application: Key Takeaways
- 4.3 Application Movement Analysis & Market Share Volume, 2024 & 2030
- 4.4 Application Movement Analysis & Market Share Revenue, 2024 & 2030
- 4.5 Flexible Polyurethane (PU) Foam Market Estimates & Forecasts, By Application (Kilotons) (USD Million)
- 4.5.1 Automotive
- 4.5.1.1 Flexible Polyurethane (PU) Foam in Automotive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5.1.2 Seats
- 4.5.1.2.1 Flexible Polyurethane (PU) Foam in Seats Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5.1.3 Headrests
- 4.5.1.3.1 Flexible Polyurethane (PU) Foam in headrests Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5.1.4 Dashboards & Door Panels (Interior)
- 4.5.1.4.1 Flexible Polyurethane (PU) Foam in Dashboards & Door Panels (Interior) Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5.1.5 Insulation
- 4.5.1.5.1 Flexible Polyurethane (PU) Foam in Insulation Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6 Aviation
- 4.6.1 Flexible Polyurethane (PU) Foam in aviation market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6.1.1 Crew & Cockpit Seating
- 4.6.1.1.1 Flexible Polyurethane (PU) Foam in Crew & Cockpit Seating Applications Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6.1.2 Passenger Seats
- 4.6.1.2.1 Flexible Polyurethane (PU) Foam in Passenger Seats Applications Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6.1.3 Crew Rest Mattresses
- 4.6.1.3.1 Flexible Polyurethane (PU) Foam in Crew Rest Mattresses Applications Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6.1.4 Insulation
- 4.6.1.4.1 Flexible Polyurethane (PU) Foam in Insulation Applications Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.7 Mass Transit
- 4.7.1 Flexible Polyurethane (PU) Foam in Mass Transit Applications Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 Flexible Polyurethane (PU) Foam Market: Application Estimates & Trend Analysis
- 5.1. Regional Outlook
- 5.2. Flexible PU Foam Market by Region: Key Takeaway
- 5.3. North America
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.3.2. U.S.
- 5.3.2.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.3.3. Canada
- 5.3.3.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.3.4. Mexico
- 5.3.4.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
- 5.4. Europe
- 5.4.1. UK
- 5.4.1.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.4.2. Germany
- 5.4.2.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.4.3. France
- 5.4.3.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.4.4. Italy
- 5.4.4.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.4.5. Spain
- 5.4.5.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.5. Asia Pacific
- 5.5.1. China
- 5.5.1.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
- 5.5.2. Japan
- 5.5.2.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons; Revenue, USD Million)
- 5.5.3. India
- 5.5.3.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
- 5.5.4. South Korea
- 5.5.4.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
- 5.6. Central & South America
- 5.6.1. Brazil
- 5.6.1.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
- 5.6.2. Argentina
- 5.6.2.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
- 5.7. MEA
- 5.7.1. Saudi Arabia
- 5.7.1.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
- 5.7.2. South Africa
- 5.7.2.1. Market estimates and forecasts, 2018 - 2030 (Volume, Kilo Tons: Revenue, USD Million)
Chapter 6. Competitive Landscape
- 6.1. Company Profiles
- 6.1.1 BASF SE
- 6.1.2 Recticel
- 6.1.3 Eurofoam S.r.l.
- 6.1.4 NMC SA
- 6.1.5 Innocor (Huebach Corporation)
- 6.1.6 Alanto Ltd.
- 6.1.7 Vita (Holdings) Limited
- 6.1.8 Foamtec International Co., Ltd.