市場調查報告書
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1611004
全球模壓泡棉零件市場 2024-2031Global Molded Foam Component Market 2024-2031 |
模塑泡棉零件市場規模、佔有率和趨勢分析報告(按類型(發泡聚苯乙烯、聚氨酯泡沫、發泡聚乙烯、發泡聚丙烯等)和應用(座椅和家具、汽車內飾、床上用品和床墊、鞋類、消費品和其他)預測期(2024-2031)
預計在預測期內(2024-2031 年),模塑泡棉零件市場將以 8.2% 的複合年成長率顯著成長。市場成長歸因於關鍵因素,例如包裝行業利用模塑泡棉組件作為保護性包裝解決方案,以及床上用品和家具行業對模塑泡棉組件的需求不斷增加。汽車產業是聚氨酯泡沫的重要終端用戶,佔超過30.0%的市場。
Molded Foam Component Market Size, Share & Trends Analysis Report by Type (Expanded Polystyrene, Polyurethane Foam, Expanded Polyethylene, Expanded Polypropylene, and Other), and Application (Seating and Furniture, Automotive Interior, Bedding and Mattresses, Footwear, Consumer Goods, and Others) Forecast Period (2024-2031)
The molded foam component market is anticipated to grow at a significant CAGR of 8.2% during the forecast period (2024-2031). The market growth is attributed to pivotal factors such as the packaging industry utilizing molded foam components for protective packaging solutions and increasing demand for molded foam components in the bedding and furniture industry. The automotive industry is a significant end-user of polyurethane foam, accounting for over 30.0% of the market share.
Market Dynamics
Growing Demand for Lightweighting Material in Automotive and Aerospace
The automotive and aerospace sectors make extensive use of molded foam components, which are typically composed of Expanded Polypropylene (EPP) or Expanded Polystyrene (EPS). As foam molds come in so many shapes, it is simple to manufacture products with intricate designs. As compared to producing components from conventional materials, the automotive and aerospace industries have a lot more options when using molded foam. As it is lightweight, the molded foam component is more appealing as a sustainable material as it lowers transportation costs and emissions. Expanded polypropylene, or EPP, is a versatile substance that is subtly changing the environment. It is used in everything from energy-efficient building insulation to lightweight automotive parts. Growing worries about sustainability are bringing even more attention to EPP's environmentally friendly credentials.
Increasing Advancements in Foam Technology
The development of foams with improved qualities, such as increased impact resistance, greater acoustic qualities, and better thermal insulation, is being facilitated by technological improvements. The range of applications for molded foam components is being expanded by these advancements. Polystyrene, polypropylene, PE, and other polymers are frequently used in the packaging of consumer goods and electronics. Polymeric foams are utilized as packaging materials for their lightweight, toughness, and chemical resistance. Low-Density Polyethylene (LDPE) foams are welded, to create bubble wrap sheets. The most common foam technologies include mold compression foaming, film foaming, batch foaming, foam injection molding, and foam extrusion molding.
Market Segmentation
Polyurethane Foam Segment is projected to hold the Largest Market Share
The primary factors supporting the growth include strong impact resistance in protective automobile and industrial packaging. Dispensing the liquid reaction mixture into a mold-which defines the shape of the foamed article-produces molded flexible Polyurethane (PU) foam. Water is the most commonly used chemical blowing agent for flexible molded foam. One well-known method for producing PU foams discontinuously is in-mold foaming. Numerous foam attributes, such as foam density, hardness, and damping qualities, can be adjusted to match specific requirements for the foam to the large availability of raw materials and other parameters. Market players provide an extensive range of raw materials for the manufacture of flexible foams that are molded. Covestro AG offers flexible polyurethane (PU) foams that can be produced in a mold to create high-quality foams with complex geometries for furniture, automotive, and other applications. The company offers both polyols and isocyanates as well as several key additives for the production of flexible molded foams.
Automotive Interior to Hold a Considerable Market Share
The factors supporting segment growth include molded foam pieces, such as energy-absorbing elements, interior components, and structural reinforcements in cars that are specially made for use in automobile interior applications. Armrests, headrests, seat inserts, baggage compartment accessories, floor components, and interior elements are among the items made of molded foam that are employed in the automobile industry. The automotive sector uses a lot of molded foam, which is typically composed of polyurethane (PU). As foam molds are so versatile, creating goods with intricate designs is easy. Producers of molded polyurethane foam require a wide range of raw ingredients, continuous innovation, and high-quality products, to meet the demanding demands of original equipment manufacturers. For instance, BASF SE offers molded flexible foam to the automotive industry. In the automotive seating, molded flexible polyurethane foam is an essential component of user experience in modern vehicles. Molded polyurethane foam not only provides comfort to consumers. It also contributes to vehicle safety and ergonomics, enables advanced features in-seat systems, and provides opportunities to foster brand image. In addition, molded polyurethane foam is a core element of the durability of automotive interiors.
The global molded foam component market is further segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Demand for Molded Foam Components in North America
The regional growth is attributed to the adaptability, toughness, and insulating qualities, polyurethane molded foam has been a mainstay in many sectors. The market for molded foam is expanding significantly in North America owing to rising customer demand for environmentally friendly and sustainable products. This foam offers a cleaner option than conventional petroleum-based foams as it is made from renewable resources including castor oil, soybean oil, and other plant-based components. For instance, Polymer Technologies, Inc. offers POLYFORM(R) High-Density Molded Foam - Integral Skin (PHDM-IS), POLYFORM(R) High-Density Molded Foam - Non-Skinned (PHDM-NS), and POLYFORM(R) Low-Density Molded Foam - High Resilient (PLDM-HR). The high-density skin provides excellent abrasion resistance, high tear strength, good elongation, and low water absorption properties.
Asia-Pacific Holds Major Market Share
Asia-Pacific holds a significant share owing to the presence of molded foam component offering companies such as JSP Corp., Sekisui Chemical Co., Ltd., Wanhua Chemical Group Co., Ltd., and others. The market growth is attributed to the increasing adoption in the automotive industry with the continuous demand for strong, lightweight parts to increase vehicle efficiency and passenger comfort. Additionally, the demand for molded foam components is rising in the packaging industry owing to the necessity for lightweight, protective packaging solutions, particularly for sensitive products. Another important factor is the growing usage of molded foam in the construction sector for soundproofing and insulation in both residential and commercial structures. Further driving market expansion is the furniture industry's need for cozy, long-lasting foam in bedding and upholstery items. For instance, JSP Corp. offers ARPRO/P-BLOCK, STYRODIA, and FOAMCORE products that have exceptional insulation efficiency and shock absorption characteristics. It has a wide range of applications including packaging for consumer electronics, hot and cold food containers, construction insulation, and use within other civil engineering materials.
The major companies serving the molded foam component market include BASF SE, Covestro AG, Dow Inc., Huntsman Corp., and JSP Corp. among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.