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Consumer Foam Market worth $50.9 billion by 2026 - Exclusive Report by MarketsandMarkets™
https://www.marketsandmarkets.com/Market-Reports/consumer-foam-market-236355194.html
By type, polyurethane foam is estimated to dominate the consumer foam market, globally, in terms of value. PU Foam has properties such as low heat conduction coefficient, low density, low water absorption, relatively good mechanical strength, and good insulating properties. It is available in a wide range of rigidity, hardness, and density levels. Low-density flexible foam is used in upholstery, bedding, automotive and truck seating, and novel inorganic plant substrates for roof or wall gardens. Flexible PU foam is widely used in the automotive and electronics industries and are expected to propel the demand for Polyurethane foam in global consumer foam market.
By end-use industry, consumer electronics & appliances segment is projected to record the highest growth in the global consumer foam market, during the forecast period. The high growth of the consumer electronics & appliances end-use industry segment is majorly attributed to the surge in demand for sealing and insulation applications for electronics, which in -turn encourages the use of consumer foam in this segment.
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The Consumer Foam market in the Asia Pacific region is accounted for the largest share in 2020. China , India , Japan , and South Korea are key countries contributing to the high demand for Consumer foam in this region. Innovation, price deflation, and rising household incomes, especially in emerging Asian markets, have resulted in the high demand for consumer electronic products, thereby contributing to the growth of the Consumer foam market in this region.
Covestro AG ( Germany ), BASF SE ( Germany ), Dow Inc. (US), Huntsman Corporation (US), Sekisui Chemical Co., Ltd. ( Japan ), Saint-Gobain ( France ), Chemtura Corporation (Lanxess) (US), Recticel NV/SA ( Belgium ), Rogers Corporation (US), Trelleborg AB ( Sweden ), FoamPartner Group ( Switzerland ), Eurofoam Group ( Austria ), Woodbridge Foam Corporation ( Canada ), Tosoh Corporation ( Japan ), Foamcraft, Inc. (US), Loyal Group( China ), JSP Corporation( Japan ), and Sealed Air Corporation (US). are the key players in consumer foam market.
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