• The furniture and bedding segment will account for the highest market share of polyurethane foam due to the increasing use of PU foams in mattresses due to their breathability, memory, resilience and durability. antibacterial properties.
  • Flexible foams are soft and durable and widely used in cushions, soft cores for sofas and other upholstered furniture for the home, commercial and institutional furniture such as seating for offices, theaters and stadiums. They are also used in furniture seating due to their durability, elasticity and high density.
  • The increasing demand for mattresses in bedding and furniture will lead to strong demand for PU foams during the forecast period.

Highlights of revenue generating segments and market analysis insights for the coming years –See a FREE sample

The report is that the market is segmented by type (flexible PU foams, rigid PU foams and molded PU foams) and by application (furniture and bedding, building and construction, transportation, household appliances and others).

Supplier Information

  • The global polyurethane market is very fragmented, and vendors deploy various organic and inorganic growth strategies to compete in the market.
  • The increasing competition in the market forces the suppliers to adopt various growth strategies such as promotional activities and advertising spend to improve the visibility of their products. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to stay competitive in the market.
  • For example – In april 2018, BASF SE signed an agreement for the acquisition of seeds and additional crop protection activities from Bayer. In May 2018, BASF SE inaugurated its first manufacturing plant in Burma. Likewise, in October 2018, Covestro SA decided to invest 1.5 billion euros ($ 1.71 billion) at MDI’s plant in the United States.

The report analyzes the competitive landscape of the market and offers information about several vendors of the market, including:

  • Covestro SA
  • DowDuPont
  • Huntsman International LLC
  • Recticel SA
  • Trelleborg AB

Learn more about the growth strategies adopted by vendors and their product offerings.Read a free sample report.

Geographic market analysis

  • APAC will account for the largest polyurethane foam market share of 42% throughout the forecast period.
  • Large countries, such as China, South Korea, India, and Japan, are the main consumers of PU foams in the region. Flexible PU foams are mainly used in mattresses and cushions.
  • The growing population in APAC is expected to result in strong demand for furniture and bedding, which will increase the demand for PU foams in the region during the forecast period.

Learn more about the geographic spread of this market as well as the detailed analysis of the main regions. https://www.technavio.com/report/global-polyurethane-foam-market

Key market trends and challenges:

  • The increased use of methylal and HFOs as an alternative to HFCs and HCFCs will be a key trend influencing the growth of the polyurethane foam market. Methylal and HFOs replace HCFCs and HFCs as blowing agents in the manufacture of PU foams. These alternatives are effective and have a lower GWP content than HFCs and HCFCs.
  • The ban on HCFCs in the United States and in emerging countries Europe will increase the use of methylal in these countries. HFOs are considered to be the next generation blowing agents and are widely used in the manufacture of PU foams.
  • The increasing demand for PU foams alternatives will negatively impact the global PU foams market during the forecast period. Natural latex, cotton fiber foam, organic wool, plain cotton, short fiber polyester fibers and polystyrene are used as substitutes for PU foams.
  • These products are direct substitutes for PU foams on the market and are available in large quantities. As PU foams present serious environmental problems such as ozone depletion, these alternatives are used as substitutes in various applications such as furniture and bedding and buildings and constructions.

See a free samplefor highlights on market trends and challenges affecting the Polyurethane Foam market.

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Associated reports:

Flexible Foam Market –The flexible foams market has the potential to grow by USD 11.49 billion during the period 2021-2025, and the market growth momentum will accelerate at a CAGR of 5.28%. Download a free sample now!

Spray Polyurethane Foam Market -The spray polyurethane (PU) foam market has the potential to grow by USD 727.50 million during 2021-2025, and the market growth momentum will accelerate at a CAGR of 8.96%. Download a free sample now!

Scope of Polyurethane Foam Market

Cover of the report


Page number


Year of reference


Forecast period


Growth dynamics and CAGR

Accelerate to a CAGR of over 3%

Market growth 2018-2023

US $ 1.93 million ton

Market structure

Very fragmented

Annual growth (%)


Efficient contribution to the market

42% APAC

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

BASF SE, Covestro AG, DowDuPont, Huntsman International LLC, Recticel NV and Trelleborg AB.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization overview

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us:

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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