Polyurethane Foams Market 2019 Industry Trend and Forecast 2030 - Huntsman Corporation, Covestro AG, the Dow Chemical Company, BASF

Polyurethane foams are widely used forms of flexible foam. It is popular foam used domestic purposes in home furnishings, carpet underlay, bedding, and more. Polyurethane, as a cushioning material is ideal for the padded furniture like sofa. Flexible polyurethane foam also plays a major role to make furniture durable, supportive, and comfortable. Besides flexible foams, the rigid foams also hold significant share of the market comprising multiple uses. Rigid foam is used between metal, plastic sheets of freezers and refrigerators, or other in others surfaces like thermal insulation in construction. The use of polyurethane is growing in textile industry, especially in the bras. The material has also found applications in moldings like balusters, pediments, window headers, door frames, rosettes, and medallions.

Polyurethane foams (PUFs) are the most vital class of polymeric foams. It accounts for more than 65% of the global polyurethane consumption. High demand of polyurethane foams from the construction and bedding & furniture industry is the major factor driving the market growth. Moreover, rising demand from automotive and electronic industries is bolstering the growth of the market. However, fluctuating prices of raw materials and stringent government regulations are the factors curbing the market growth.

Major Key Players of the Polyurethane Foams Market are:Huntsman Corporation, Covestro AG, The Dow Chemical Company, BASF SE, Trelleborg AB and Recticel NV. Some of the other players present in this market are Chemtura Corporation, Sekisui Chemical Co. Ltd, Rogers Corporation and Fxi-Foamex Innovations among others.

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