The global flexible foam market size reached US$ 45.6 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 61.4 Billion by 2028, exhibiting a CAGR of 5.08% during 2022-2028.
Flexible foam is a polymer with an open cell structure produced from the reaction of polyols and isocyanates. It has sound absorption properties on account of the cavities, channels, or interstices present in its structure. It also exhibits load-bearing properties as flexible foam can recover from compression once the load is removed and it consequently finds extensive applications as a shock absorber. Besides this, as it is lightweight and durable, flexible foam is employed in the packaging industry across the globe.
Flexible foam is a polymer with an open cell structure produced from the reaction of polyols and isocyanates. It has sound absorption properties on account of the cavities, channels, or interstices present in its structure. It also exhibits load-bearing properties as flexible foam can recover from compression once the load is removed and it consequently finds extensive applications as a shock absorber. Besides this, as it is lightweight and durable, flexible foam is employed in the packaging industry across the globe.
Flexible Foam Market Trends:
Flexible foams are used in the automotive industry for the manufacturing of headliners, car seats, head and arm rests, automotive trim, sun visors, motorcycle saddles, interior panels and skins, car and truck fenders, truck beds, energy-absorbing bumpers, and support rings for run-flat tires. They are also used for cushioning in upholstered furniture, mattresses, pillows, sofas, balls, figurines, theatre seat cushions, office chairs, carpet underlay, and shoe soling. This, in confluence with increasing building and construction activities around the world, represents one of the key factors stimulating the growth of the market. Moreover, polyol, a raw material used in the production of flexible foam, is mainly derived from petroleum, which is a non-renewable resource. However, vegetable oil-based polyols are nowadays increasingly being used as potential substitutes for petrochemical polyols on account of their sustainability. Besides this, they are readily available and offer easy processing, chemical functionality, and relatively low cost. This, coupled with rising technological advancements, is positively influencing the market. Furthermore, significant growth in the automotive industry and increasing research and development (R&D) activities are anticipated to facilitate the growth of the market in the coming years.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global flexible foam market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.Breakup by Type:
- Polyurethane (PU) Foam
- Polyethylene (PE) Foam
- Polypropylene (PP) Foam
- Ethylene-Vinyl Acetate (EVA)
- Others
Breakup by Application:
- Furniture and Bedding
- Transportation
- Packaging
- Construction
- Consumer Goods
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Excelsior Company, BASF SE, Covestro AG, Dow Inc., Huntsman Corporation, INOAC Corporation, Kaneka Corporation, Recticel, Sekisui Chemical Co. Ltd., UBE Corporation, Woodbridge and Zotefoams PLC.Key Questions Answered in This Report:
- How has the global flexible foam market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global flexible foam market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global flexible foam market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Flexible Foam Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Polyurethane (PU) Foam
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Polyethylene (PE) Foam
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Polypropylene (PP) Foam
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Ethylene-Vinyl Acetate (EVA)
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Furniture and Bedding
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Transportation
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Packaging
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Construction
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Consumer Goods
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 American Excelsior Company
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 BASF SE
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Covestro AG
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Dow Inc.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.5 Huntsman Corporation
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 INOAC Corporation
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Kaneka Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Recticel
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 Sekisui Chemical Co. Ltd.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.10 UBE Corporation
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11 Woodbridge
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Zotefoams PLC
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
List of Figures
Figure 1: Global: Flexible Foam Market: Major Drivers and Challenges
Figure 2: Global: Flexible Foam Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Flexible Foam Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Flexible Foam Market: Breakup by Type (in %), 2022
Figure 5: Global: Flexible Foam Market: Breakup by Application (in %), 2022
Figure 6: Global: Flexible Foam Market: Breakup by Region (in %), 2022
Figure 7: Global: Flexible Foam (Polyurethane (PU) Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Flexible Foam (Polyurethane (PU) Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Flexible Foam (Polyethylene (PE) Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Flexible Foam (Polyethylene (PE) Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Flexible Foam (Polypropylene (PP) Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Flexible Foam (Polypropylene (PP) Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Flexible Foam (Ethylene-Vinyl Acetate (EVA)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Flexible Foam (Ethylene-Vinyl Acetate (EVA)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Flexible Foam (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Flexible Foam (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Flexible Foam (Furniture and Bedding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Flexible Foam (Furniture and Bedding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Flexible Foam (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Flexible Foam (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Flexible Foam (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Flexible Foam (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Flexible Foam (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Flexible Foam (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Flexible Foam (Consumer Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Flexible Foam (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: North America: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United States: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United States: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Canada: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Canada: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Asia-Pacific: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Asia-Pacific: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: China: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: China: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Japan: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Japan: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: India: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: India: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: South Korea: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: South Korea: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Australia: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Australia: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Indonesia: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Indonesia: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Others: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Others: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Europe: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Europe: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Germany: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Germany: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: France: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: France: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: United Kingdom: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: United Kingdom: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Italy: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Italy: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Spain: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Spain: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Russia: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Russia: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Latin America: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Latin America: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Brazil: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Brazil: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Mexico: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Mexico: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Middle East and Africa: Flexible Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Middle East and Africa: Flexible Foam Market: Breakup by Country (in %), 2022
Figure 75: Middle East and Africa: Flexible Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Global: Flexible Foam Industry: SWOT Analysis
Figure 77: Global: Flexible Foam Industry: Value Chain Analysis
Figure 78: Global: Flexible Foam Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Flexible Foam Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Flexible Foam Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Flexible Foam Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Flexible Foam Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Flexible Foam Market: Competitive Structure
Table 6: Global: Flexible Foam Market: Key Players
Companies Mentioned
- American Excelsior Company
- BASF SE
- Covestro AG
- Dow Inc.
- Huntsman Corporation
- INOAC Corporation
- Kaneka Corporation
- Recticel
- Sekisui Chemical Co. Ltd.
- UBE Corporation
- Woodbridge
- Zotefoams PLC.
Methodology
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