CRI Report: polyurethane-based foams in automotive market is projected to reach $19,798.3 million by 2031
The global polyurethane-based foams in automotive market is projected to reach $19,798.3 million by 2031, reveals the premium market intelligence study by Our Research Team. The study also highlights that the market is set to witness a CAGR of 5.77% during the period 2021-2031.
Polyurethane foam is a cellular-structured, porous, synthetic material made from the reaction of polyols and diisocyanates. Polyurethane structure is a composite of a solid phase and a gas phase. The solid phase is made from polyurethane elastomer, while the gas phase is air brought about by blowing agents. Some major features of polyurethane-based foam make its adoption preferable in the automotive industry, such as light in weight, durable, versatile, recycled, and excellent sound absorbing and vibration dampening qualities. Polyurethane foams are majorly used in automotive applications such as seating, bumper systems, headliners, door panels, and others.
This report will help with the following objectives:
• A dedicated section focusing on the futuristic trends adopted by the key players operating in the global polyurethane-based foams in automotive market
• Extensive competitive benchmarking of top 15 players (including producers and component providers) offering a holistic view of the global polyurethane-based foams landscape
• Qualitative and quantitative analysis of polyurethane-based foams in automotive industry at country level granularity based on region, application, end-user, and type segments
According to Shivam Priyadarshi, Principal Analyst, Our Research Team, “The global polyurethane-based foams are an important part of sustainable transportation development in automotive market. An important aspect of sustainable development applied to transportation is to optimize the use of resources and materials. Polyurethane-based foam contributes by being used at low densities in many applications, as it is a durable material, resulting in increasing demand in upcoming years.”
The global polyurethane-based foams in automotive market is majorly segmented based on application, type, end user, and region. The major categories under type include flexible foam and rigid foam. Moreover, the major applications include seating, bumper systems, headliners, door panels, and others. Based on end user, polyurethane-based foams in automotive market is segmented into light commercial vehicles, heavy commercial vehicles, passenger cars, and electric vehicles. By region, the global polyurethane-based foams in automotive market have been segmented into North America, South America, Europe, U.K., Asia-Pacific and Japan, China, and the Middle East and Africa.
Key Companies Operating in the Market
Players analyzed and profiled in the study involve polyurethane-based foam manufacturers that capture a maximum share in the polyurethane-based foams in automotive market. Moreover, a detailed competitive benchmarking of the players operating in the global polyurethane-based foams in automotive market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations would aid the reader in understanding the untapped revenue pockets in the market.
Some of the key players operating in the market, include Huntsman International LLC, Dow, Rogers Corporation, Recticel NV/SA, Foam Supplies, Inc., Huebach Corporation, Caligen Europe B.V., Vita (Holdings) Limited, Bridgestone Corporation, M/s Sheela Foam Ltd., Saint-Gobain, Greiner AG, Interplasp, UFP Technologies, Inc., and Covestro AG
Key Questions Answered in the Report
• What are the major factors and trends impacting the polyurethane-based foams in automotive market, and how has COVID-19 affected the market?
• What are the steps taken by the existing players to improve their market positioning, and is there any substitute used in the end-use industry for polyurethane-based foam?
• Which are the leading types and applications in the market, and how are they expected to perform in the coming years?
• What are the latest developments across the globe with respect to research and development, and what would be the trending technology used in the polyurethane-based foams in automotive market?
• What are the consumption patterns of polyurethane-based foam across different regions and countries? Moreover, is there any government regulation across the globe impacting the polyurethane-based foams in automotive market?
Buy the report: Polyurethane-Based Foams in Automotive Market – A Global and Regional Analysis: Focus on Type, Applications, End-User, and Country Analysis – Analysis and Forecast, 2021-2031