Consumer foam market is anticipated to grow at a CAGR of 4.6% during the forecast period. The growing adoption of consumer foam across end-user industries such as bedding and furniture, electronics, automotive, and packaging, in emerging economies such as India, China, and others is a key factor driving the growth of the global consumer foam market. In July 2022, NCFI Polyurethanes announced to showcase their CoolRest line of performance bedding foams. The CoolRest Hybrid combines the properties of memory and high resilience foams, providing pressure relief without sinking. It can be used as either a comfort layer or a transition layer. CoolRest Breeze is a super soft, high airflow foam designed to provide pressure relief and maximum cooling properties. It can be used as either a comfort layer or a transition layer. Finally, CoolRest Bounce is latex-like polyurethane with super high resiliency- in excess of 65.0%. This foam is ideally suited for a transition or support layer where the goal is to keep the sleeper on top of the comfort layer. All three foams are CertiPUR-US certified. Such market developments are anticipated to drive the global consumer foam market.
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COVID-19 pandemic has negatively impacted the consumer foam market as the lockdown stopped many operations. There was a certain pause in manufacturing activities, causing interference in the production of raw materials across the globe due to the COVID- 19 pandemic, which negatively affected the market. The cancellation or delay of purchase deals lead to a decrease in demand for consumer foam thus affected the market demand. In the European region, weak demand for consumer foams from the automotive sector is a key factor for the declining demand for the consumer foam market in Europe.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Consumer Foam Market, By Type
- Rigid Foam
- Flexible Foam
Global Consumer Foam Market, By End-User Industry
- Bedding & Furniture
- Automotive
- Electronics
- Footwear
- Packaging
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- BASF SE
- BCI Holding SA
- Covestro AG
- DIC Corp.
- Dow Inc.
- DSM N.V.
- Evonik Industries AG
- Huntsman Corp.
- INOAC Corp.
- Kuwait Polyurethane Industries WLL
- Lanxess
- Mitsui Chemicals Inc.
- Recticel NV
- Rogers Corp.
- Saint-Gobain S.A.
- Sekisui Chemical Co., Ltd.
- Sheela Foam Ltd.
- Wanhua Chemical Group Co., Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global consumer foam market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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