Polyurethane (PU) Foam Market Size & Forecast
Report, 2014 - 2024
Global Polyurethane Foam Market is expected to reach USD 91.96 billion by 2024. Polyurethane (PU) is
a most adaptable plastic material formed by reacting a polyol with a polymeric isocyanate or di-
isocyanate in presence of additives and catalyst. It is also termed as polycarbamates. Polyurethanes foam
is also termed as PUR foam. It is formed by the reaction of addition, cyclotrimerization or condensation.
The Polyurethane (PU) Foam Market is estimated to grow at a significant CAGR of 3.3% over the forecast
period as the scope and its applications are rising enormously across the globe.
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High demand for polyurethane foam from end users like building & construction and bedding & furniture,
growing investment in renovation in non-residential buildings and new infrastructure development in
Brazil, the United States, India, and China are documented as major factors of Polyurethane (PU) Foam
Market that are estimated to enhance the growth in the years to come. Polyurethane Foam industry is
segmented based on type, end user, and region.
Spray foam, flexible foam, and rigid foam are the types that could be explored in Polyurethane (PU) Foam
in the forecast period. Flexible foam sector accounted for the substantial market share of polyurethane
foam and is estimated to lead the overall market in the coming years. This may be because of high
demand from automotive industries. The market may be categorized based on end users like footwear,
building & construction, packaging, bedding & furniture, automotive, electronics, and others that may be
explored in the forecast period.
Globally, Asia Pacific accounted for the substantial market share of Polyurethane (PU) Foam and is
estimated to lead the overall market in the coming years. The reason behind the overall market growth
could be high demand for