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New York, December 29, 2021 /PRNewswire/– Global polyurethane foam market size It is estimated that between 2020 and 2025, it will increase by 5.44 million tons, which will grow at a compound annual growth rate of 7.05% during the forecast period. The market is fragmented, and the degree of fragmentation is expected to increase further.
Technavio identifies the growing demand for PU foam China As one of the main factors driving market growth. In recent years, the growth of various industries such as consumer goods, automobiles, construction, furniture and bedding, electrical and electronics, sports equipment, and healthcare has significantly increased the country’s demand for polyurethane foam. The country has also witnessed strong growth in the construction industry, which has increased the use of PU foam in various applications such as carpets, insulation materials, sealants and roofing. Many of these factors are contributing to the growth of the global polyurethane foam market. In addition, this study determined that the demand for PU foam for furniture and bedding is increasing, which is one of the main reasons driving the growth of the polyurethane foam market in the next few years.
However, the increasing demand for PU foam substitutes, regulations on the use of foaming agents and the health hazards of using TDI and MDI as raw materials to produce PU foam will challenge the growth of the global polyurethane foam market. Forecast period.
Download our free samples Focus on other factors affecting market growth.
2021-2025 Polyurethane Foam Market: Segmentation
The polyurethane foam market segmentation is as follows:
- type
- Elastic polyurethane foam
- Rigid polyurethane foam
- Molded PU foam
- application
- Furniture and bedding
- Building and construction
- transportation
- Home appliances
- other
- geography…
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