Polyurethane Foam Market by Type (Rigid PU Foam, Flexible PU Foam, and Spray Foam), by Application (Transport and Automotive, Sports and Leisure, Consumer Goods, Construction, Others), and by Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast 2017 to 2024

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Polyurethane Foam Market: Summary

The Global Polyurethane Foam Market is estimated to reach USD 77 Billion by 2024 at a CAGR of 7.1 %.

Polyurethane is referred to as the special class of polymers which are obtained through a synthetic blend of organic compounds. Polyurethane foams are the foams which are obtained through a reaction between the polyol and diisocyanate through continuous reaction process or batch process. These foams are known for their versatility and thus are used in car cushioning and automotive interiors, mattresses, bedding and furniture, carpet, medical dressings, soundproofing systems, thermal insulation, clothing and many more application areas.

Polyurethane Foam Market


Polyurethane Foam Market: Drivers & Restraints

Market Drivers:

  • Growing Demand from Construction and Automotive Application

The polyurethane foam market is growing on the grounds of rising demand for the polyurethane foam from the end-user industries especially from the building and construction and automotive sector. Rising spending on construction activities owing to higher demand for a residential apartment, increasing per capita income, and ongoing urbanization are expected to fuel the growth of the product market. Shifting consumer taste towards comfortable, light and better mattress and automotive seats are factors projected to spur the market demand higher.

  • Emergence of Bio-based Polyurethane Foam

Bio-based polyurethane foams are produced from the Natural oil polyols (NOPs) and sugars, which possess similar characteristics and properties that of conventional polyurethane foam. Due to this, it is used in automotive, consumer goods, construction and other applications, which is anticipated to boost the growth of PU foam market. Additionally, favorable government support is also boosting the market growth. 

Market Restraints:

  • Stringent Emission Standards Imposed On PU Foams Production

The PU foam market is experiencing growth at a remarkable pace, however, the strict emission regulation imposed by the regulatory authorities is anticipated to hinder the market growth. Regulatory authorities such as National Emission Standards for Hazardous Air Pollutants (NESHAP) regulated the use of methylene chloride in order to reduce air pollution. Methylene chloride is extensively used as an auxiliary blowing agent in the production of PU foams and regulation on methylene chloride usage is likely to impact market growth.

Polyurethane Foam Market: Key Segments

  • On the basis of Type, the market is segmented into: Rigid PU Foam, Flexible PU Foam, and Spray Foam
  • On the basis of Application, the market is segmented into: Transport and Automotive, Sports and Leisure, Consumer Goods, Construction, Healthcare, Electronics, Packaging, and Others
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Polyurethane Foam Market: Report Scope

The report on the polyurethane foam market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features


Historical/Estimated/Forecasted Market Size Years


Base Year for Market Calculation


Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million), Volume (Kilotons)

Segments Included

Type, Application

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, and South America

Key Companies Covered

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Dow Inc.
  • Covestro AG
  • E. I. Du Pont De Nemours
  • Arkema S.A
  • NMC Group
  • Armacell GmbH
  • Nitto Denko Corporation
  • Lanxess AG
  • Bayer AG
  • Other Key Companies

Polyurethane Foam Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Polyurethane Foam Market, by Type

  • Rigid PU Foam
  • Flexible PU Foam
  • Spray Foam

Polyurethane Foam Market, by Application

  • Transport and Automotive
  • Sports and Leisure
  • Consumer Goods
  • Construction
  • Healthcare
  • Electronics
  • Packaging
  • Others

Polyurethane Foam Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Polyurethane foam Market Providers
  • Polyurethane foam Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Polyurethane Foam Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms



1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations


2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation



4.1       Introduction

4.2       Drivers

                                 4.2.1.    Growing Demand from Construction and Automotive Application

                                 4.2.2.    Higher Demand for PU Foam from Asia Pacific Region

4.3       Restraints

                                  4.3.1    Stringent Emission Regulation Imposed On PU Foams

                                  4.3.2    High Cost of the Raw Materials

4.4       Opportunities

                                 4.4.1.    Emergence of Bio-Based Polyurethane Foam

4.5       Challenges

                                  4.5.1    Short Life of PU Foams


5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      POLYURETHANE FOAM MARKET BY TYPE, Market Size in USD Million and Kilotons (2017—2024)

6.1       Introduction

6.2       Rigid PU Foam

6.3       Flexible PU Foam

6.4       Spray Foam

7      POLYURETHANE FOAM MARKET BY APPLICATION, Market Size in USD Million and Kilotons (2017—2024)

7.1       Introduction

7.2       Transport and Automotive

7.3       Sports and Leisure

7.4       Consumer Goods

7.5       Construction

7.6       Healthcare

7.7       Electronics

7.8       Packaging

7.9       Others (Cosmetics)

8      POLYURETHANE FOAM MARKET BY REGION, Market Size in USD Million and Kilotons (2017—2024)

8.1       North America

                                 8.1.1.    US

                                 8.1.2.    Canada

                                 8.1.3.    Mexico

8.2       Europe

                                 8.2.1.    Germany

                                 8.2.2.    France

                                 8.2.3.    Italy

                                 8.2.4.    UK

                                 8.2.5.    Spain

                                 8.2.6.    The Netherlands

                                 8.2.7.    Rest of Europe

8.3       Asia-Pacific

                                 8.3.1.    China

                                 8.3.2.    Japan

                                 8.3.3.    India

                                 8.3.4.    South Korea

                                 8.3.5.    Taiwan

                                 8.3.6.    Rest of Asia-Pacific

8.4       Middle East & Africa

                                 8.4.1.    Saudi Arabia

                                 8.4.2.    UAE

                                 8.4.3.    Rest of Middle East

8.5       South America

                                 8.5.1.    Brazil

                                 8.5.2.    Argentina

                                 8.5.3.    Rest of South America


9.1       Introduction

9.2       Market Ranking/Share Analysis of Key Companies

9.3       Company Benchmarking


10.1     BASF SE

                                10.1.1    Company Overview

                                10.1.2    Financial Overview

                                10.1.3    Products/Solutions/Services Offered

                                10.1.4    Key Developments

                                10.1.5    SWOT Analysis

10.2     Dow Inc.

10.3     Covestro AG

10.4     E. I. Du Pont De Nemours

10.5     Arkema S.A

10.6     NMC Group

10.7     Armacell GmbH

10.8     Nitto Denko Corporation

10.9     Lanxess AG

10.10  Bayer AG

10.11  Other Key Companies


11.1     Key Industry Expert Insights

11.2     Primary Discussion Guide

11.3   Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain




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Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

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Key Questions Answered by the Report

  • Major factors impacting the market and its growth
  • Evolving Types of the various products in the Market
  • Evolving Application of the various products in the Market
  • Growing countries in the Global Market
  • Effects of the developments in the market on the industry and on the market players
  • Key market developments undertaken by the leading players

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