Flexible Foam Market Analysis

Flexible Foam Market Overview Flexible Foam Market is set to reach a valuation of USD 40,428.1 million by 2030 With The market is estimated to register a robust CAGR of 6.45% during the forecast period 2022 to 2030. The worldwide flexible foams market is benefiting from increased vehicle production and the fast usage of slab stock foam in the furniture and bedding industries. Flexible foam accounts for more than a quarter of the polyurethane industry's total revenues. Such trends suggest that the flexible foams market would increase steadily in the medium term. Flexible foams are in high demand in the industrial world, especially in industries like automotive, packaging, and construction. Furthermore, most flexible foams are recyclable, which is enough to pique the interest of a wide range of industries. One of the most significant achievements in the industry is the development of bio-based polyols. Due to its dependability in the industry, flexible foam is widely employed in a variety of industrial applications. Aside from the superior qualities, the lower cost of raw materials is a major benefit of employing these materials. Because of its versatility as a structural material, flexible foam is employed in furniture applications. Flexible foam's qualities, such as its lightweight, antimicrobial properties, and flexibility to mold into a variety of shapes, make it suitable for a variety of furniture applications, including child stools, office wall partitions, and bookshelves.

Key Players 

BASF SE, Covestro AG, DowDuPont Inc., Huntsman Corporation, JSP, Recticel, Ube Industries, Ltd., Zotefoams plc., Woodbridge Foam Corporation, Mitsui Chemicals, Inc., 3M, Sekisui Alveo AG, Flexipol Foams Pvt. Ltd.

The report includes company profiles of leading market players along with their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.

Report Overview

This MRFR report offers global flexible foams market forecast for 2022-2030. The primary objective of the report is to deliver a fair perspective towards the current growth trend of the market and identify new revenue pockets. All the pertinent factors are taken into account for analyzing growth opportunities and threats. An exhaustive analysis of major types of the flexible foams is available in the report, which include polyurethane, polyethylene, and polypropylene. Major end use industries identified for flexible foams include automotive, packaging, furniture & upholstery, construction and consumer goods.  This report on flexible foams market covers North America, Latin America, the Middle East & Africa (MEA), Asia Pacific (APAC) and Europe.

Research Methodology

Market Research Future (MRFR) employs iterative and comprehensive research methodology to make market projections with accuracy and objectivity. The extensive primary and secondary research processes include primary data mining by carrying out surveys and first-hand interviews with company executives across the value chain and verification of primary data through inputs from SEC filings, paid database, white paper references, research publications and other sources available in public domain. This collaborative approach ensures qualitative and quantitative assessment of market trends, opportunities, challenges and other market dynamics. The combination of top-down and bottom-up approaches and sophisticated data triangulation techniques provide in-depth market insights through statistical modeling of collected data, aiding businesses in accelerating value generation process.

Other Description

• Base Year- 2021


• Projection Period- From 2022 to 2030


• Currency- USD

For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for flexible foam

By Type

• Polyurethane
  
  
  
  • Slabstock
    
    
    
    • Polyether
    
    
    • Polyester
    
    
    
    
  
  
  • Molded
  
  
  • Integral
  
  
  
  


• Polyethylene


• Polypropylene


• Others

By End Use Industry

• Automotive
  
  
  
  • Automotive Seats
  
  
  • Headrest
  
  
  • Steering wheel
  
  
  • Air Filter Gaskets
  
  
  • Others
  
  
  
  


• Packaging


• Furniture & Upholstery
  
  
  
  • Residential
  
  
  • Commercial
  
  
  
  


• Construction
  
  
  
  • Flooring
  
  
  • Doors & Window Panel
  
  
  • Others
  
  
  
  


• Consumer Goods
  
  
  
  • Clothing & Footwear
    
    
    
    • Sports Shoes
    
    
    • Protective clothing
    
    
    
    
  
  
  • Household & Personal care
    
    
    
    • Cosmetic applicators
    
    
    • Household Sponge
    
    
    
    
  
  
  • Consumables
    
    
    
    • Polishing pads
    
    
    • Paint Rollers
    
    
    
    
  
  
  • Others
  
  
  
  


• Others

By Region

• North America: (US and Canada)


• Europe: (Germany, UK, Russia, France, Spain, Italy, Poland, and Rest of Europe)


• Asia-Pacific: (China, Japan, India, Australia, Indonesia, South Korea, and Rest of Asia-Pacific)


• Middle East & Africa: (Turkey, UAE, Saudi Arabia, and Rest of the Middle East & Africa)


• Latin America: (Brazil, Argentina, Mexico, and Rest of Latin America)

Intended Audience

• Flexible Foam manufacturers


• Suppliers and distributors


• Potential investors


• Raw material suppliers


• Associations


• Government


• End-Use Industries

Recent DevelopmentFlexible Foam Products Inc. has agreed to be purchased by Sleep Innovations, a specialty sleep retailer based in West Long Branch, New Jersey. The co. sleep innovations are owned by Sun Capital Partners Inc., which is a private equity firm that specializes in leveraged buyouts. The specifics of the private transaction were kept under wraps. Toray Plastics Inc. announced in June 2018 that its PEF Division in Virginia has completed a two-year, USD 40 million expansion. The PEF Division is the leading automotive supplier of blended polypropylene-polyethylene foam with consistent thickness and density in North America and Europe. As a result, PEF was able to satisfy the increasing demands of the markets it currently serves, as well as export Toraypef and ToraSoft goods to China.Industry NewsSleep Innovations, a specialist sleep retailer headquartered in West Long Branch, New Jersey, has agreed to purchase foamer Flexible Foam Products Inc. Sun Capital Partners Inc., a private equity company specialising in leveraged buyouts, owns Sleep Innovations. The confidential transaction's details were not revealed. Sun Capital has branches in New York, as well as international franchises. The company bought Sleep Innovations in 2012 and has interests in other mattress companies such as International Bedding Corp. and Mattress Business.

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