Flexible Foam Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027

The global flexible foam market was valued at $44.0 billion in 2019, and is projected to reach $61.3 billion by 2027, growing at a CAGR of 5.2% from 2020 to 2027.

Flexible foam is used for cushioning in a variety of consumer goods and commercial products such as footwear, furniture, automotive interiors, and packaging, textile, carpet cushions & underlay, and bedding. It can be created in almost any variety of shapes and firmness. It offers superior impact resistance, enhanced resilience, and high strength to weight ratio, which make it durable, supportive, and comfortable.

Flexible foams are extensively applicable in in HVAC components, seating, headrests, arm rests, interior panels & skins, headliners, car & truck fenders, truck beds, and support rings for run-flat tires, owing to their high design flexibility, superior strength, and weightlessness. Ongoing developments in polyurethane flexible foam technology has led to its increased application in the automotive industry, which is anticipated to significantly contribute toward the growth of the global market.

The need for microporous insulation materials from the oil & gas sector and the expansion of the construction and automotive industries are anticipated to drive the growth of the flexible foam market during the forecast period.

The global flexible foam market is segmented into type, application, and region. Depending on type, the market is divided into polyurethane (PU) foam, polyethylene (PE) foam, polypropylene (PP) foam, ethylene–vinyl acetate (EVA), and others. On the basis of application, it is differentiated into furniture & bedding, transportation, packaging, construction, and consumer goods. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Major players operating in the global market include BASF SE, Covestro AG, The Dow Chemical Company, Huntsman Corporation, INOAC Corporation, Sekisui Chemical Co. Ltd., Recticel NV, The Woodbridge Group, and Rogers Corporation.

IMPACT OF COVID-19
COVID-19 has uneven impact on the global flexible foam market. The hardest hit end markets due to the COVID-19 outbreak include construction, transportation, furniture, and other consumer product sectors across the globe. These sectors registered significant decrease in the demand for flexible foam and other plastics. The demand of flexible foam is expected to decline with 3% in FY2020 as compared to FY2019.

KEY BENEFITS FOR STAKEHOLDERS

The report provides an in-depth analysis of the market forecast along with the current trends and future estimations.
This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global flexible foam industry for strategy building.
A comprehensive market analysis covers factors that drive and restrain market growth.
The qualitative data about market dynamics, trends, and developments are provided in the report.

KEY MARKET SEGMENTS

By Type

Polyurethane (PU) Foam
Polyethylene (PE) Foam
Polypropylene (PP) Foam
Ethylene–Vinyl Acetate (EVA)
Others

By Application

Furniture & Bedding
Transportation
Packaging
Construction
Consumer Goods

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific- LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA

KEY MARKET PLAYERS

BASF SE
Covestro AG
Huntsman Corporation
INOAC Corporation
Recticel NV
Rogers Corporation
Sekisui Chemical Co. Ltd.
The Dow Chemical Company
The Woodbridge Group
Ube Industries, Ltd.

Frequently Asked Questions about the Global Flexible Foam Market

What is the estimated value of the Global Flexible Foam Market?

The Global Flexible Foam Market was estimated to be valued at $44 billion in 2019.

What is the growth rate of the Global Flexible Foam Market?

The growth rate of the Global Flexible Foam Market is 4.2%, with an estimated value of $61.3 billion by 2027.

What is the forecasted size of the Global Flexible Foam Market?

The Global Flexible Foam Market is estimated to be worth $61.3 billion by 2027.

Report Attribute	Details
No. of Pages	306
Published	July 2020
Forecast Period	2019 - 2027
Estimated Market Value ( USD ) in 2019	$ 44 billion
Forecasted Market Value ( USD ) by 2027	$ 61.3 billion
Compound Annual Growth Rate	4.2%
Regions Covered	Global

Chapter 1. Introduction

1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models

Chapter 2. Executive Summary

2.1. Key Findings of the Study
2.2. Key Findings
2.2.1. Top Investment Pockets
2.3. CXO Perspective

Chapter 3. Market Overview

3.1. Market Definition and Scope
3.2. Key Forces Shaping Global Flexible Foam Market
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Restraint
3.3.3. Opportunity
3.4. Value Chain Analysis
3.5. Patent Analysis
3.6. Impact of Covid-19
3.7. Impact of Government Regulations on Market

Chapter 4. Global Flexible Foam Market, by Type

4.1. Overview
4.1.1. Market Size and Forecast
4.2. Polyurethane (Pu) Foam
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Polyethylene (Pe) Foam
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.4. Polypropylene (Pp) Foam
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Analysis, by Country
4.5. Ethylene-Vinyl Acetate (Eva)
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast, by Region
4.5.3. Market Analysis, by Country
4.6. Others
4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast, by Region
4.6.3. Market Analysis, by Country

Chapter 5. Global Flexible Foam Market, by Application

5.1. Overview
5.1.1. Market Size and Forecast
5.2. Furniture & Bedding
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Transportation
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Packaging
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
5.5. Construction
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis, by Country
5.6. Consumer Goods
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Analysis, by Country

Chapter 6. Flexible Foam Market, by Region

6.1. Overview
6.1.1. Market Size and Forecast
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Type
6.2.3. Market Size and Forecast, by Application
6.2.4. Market Size and Forecast, by Country
6.2.5. U.S.
6.2.5.1. Market Size and Forecast, by Type
6.2.5.2. Market Size and Forecast, by Application
6.2.6. Canada
6.2.6.1. Market Size and Forecast, by Type
6.2.6.2. Market Size and Forecast, by Application
6.2.7. Mexico
6.2.7.1. Market Size and Forecast, by Type
6.2.7.2. Market Size and Forecast, by Application
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Type
6.3.3. Market Size and Forecast, by Application
6.3.4. Market Size and Forecast, by Country
6.3.5. UK
6.3.5.1. Market Size and Forecast, by Type
6.3.5.2. Market Size and Forecast, by Application
6.3.6. Germany
6.3.6.1. Market Size and Forecast, by Type
6.3.6.2. Market Size and Forecast, by Application
6.3.7. France
6.3.7.1. Market Size and Forecast, by Type
6.3.7.2. Market Size and Forecast, by Application
6.3.8. Spain
6.3.8.1. Market Size and Forecast, by Type
6.3.8.2. Market Size and Forecast, by Application
6.3.9. Italy
6.3.9.1. Market Size and Forecast, by Type
6.3.9.2. Market Size and Forecast, by Application
6.3.10. Rest of Europe
6.3.10.1. Market Size and Forecast, by Type
6.3.10.2. Market Size and Forecast, by Application
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Type
6.4.3. Market Size and Forecast, by Application
6.4.4. Market Size and Forecast, by Country
6.4.5. China
6.4.5.1. Market Size and Forecast, by Type
6.4.5.2. Market Size and Forecast, by Application
6.4.6. India
6.4.6.1. Market Size and Forecast, by Type
6.4.6.2. Market Size and Forecast, by Application
6.4.7. Japan
6.4.7.1. Market Size and Forecast, by Type
6.4.7.2. Market Size and Forecast, by Application
6.4.8. South Korea
6.4.8.1. Market Size and Forecast, by Type
6.4.8.2. Market Size and Forecast, by Application
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast, by Type
6.4.9.2. Market Size and Forecast, by Application
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Type
6.5.3. Market Size and Forecast, by Application
6.5.4. Market Size and Forecast, by Country
6.5.5. Brazil
6.5.5.1. Market Size and Forecast, by Type
6.5.5.2. Market Size and Forecast, by Application
6.5.6. Saudi Arabia
6.5.6.1. Market Size and Forecast, by Type
6.5.6.2. Market Size and Forecast, by Application
6.5.7. South Africa
6.5.7.1. Market Size and Forecast, by Type
6.5.7.2. Market Size and Forecast, by Application
6.5.8. Rest of LAMEA
6.5.8.1. Market Size and Forecast, by Type
6.5.8.2. Market Size and Forecast, by Application

Chapter 7. Competitive Landscape

7.1. Introduction
7.1.1. Market Player Positioning, 2019
7.2. Top Winning Strategies
7.2.1. Top Winning Strategies, by Year
7.2.2. Top Winning Strategies, by Development
7.2.3. Top Winning Strategies, by Company
7.3. Product Mapping of Top 10 Player
7.4. Competitive Heatmap
7.5. Key Developments
7.5.1. New Product Launches
7.5.2. Expansions
7.5.3. Other Developments

Chapter 8. Company Profiles:

8.1. Basf Se
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.1.5. Business Performance
8.2. Covestro AG
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.2.5. Business Performance
8.2.6. Key Strategic Moves and Developments
8.3. Huntsman Corporation
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Product Portfolio
8.3.5. Business Performance
8.3.6. Key Strategic Moves and Developments
8.4. Inoac Corporation
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.5. Recticel Nv
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Product Portfolio
8.5.5. Business Performance
8.5.6. Key Strategic Moves and Developments
8.6. Rogers Corporation
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Product Portfolio
8.6.5. Business Performance
8.6.6. Key Strategic Moves and Development
8.7. Sekisui Chemical Co. Ltd.
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Product Portfolio
8.7.5. Business Performance
8.7.6. Key Strategic Moves and Development
8.8. The Dow Chemical Company
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.9. The Woodbridge Group
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Product Portfolio
8.9.5. Business Performance
8.9.6. Key Strategic Moves and Developments
8.10. Ube Industries, Ltd
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Product Portfolio
8.11. Other Players

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic news articles and other related releases for market evaluation
Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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