How big is the Polyurethane Foam Market | Size & Forecast 2025

Code: MTA8618 Publication Date: Sep 2025

What is the size of Polyurethane Foam Market?

According to 6Wresearch internal database and industry insights, the Global Polyurethane Foam Market was valued at USD 60.2 Billion in 2024 and is expected to reach USD 84.5 Billion by 2031, growing at a compound annual growth rate of 6.10% during the forecast period (2025-2031).

The polyurethane foam market is progressing, as users are increasingly turning to lightweight, flexible, and energy-efficient materials. Concurrent developments in flexible and rigid foam-based innovations have also enabled advancements in thermal performance and durability across various industrial and commercial applications.

Growth Factors for Polyurethane Foam Market

  • Expanding market demand for energy-efficient insulation materials in the construction market.
  • Increase in automotive applications resulting in lower weight and more durable seating.
  • Increase in use of polyurethane foam in furniture and bedding for comfort, durability, and sustainability.
  • The shift towards sustainable foams that lessen environmental impact.
  • Increased growth in packaging applications result in shock absorption and protection through polyurethane foams.

Polyurethane Foam Market Trends

The trends in the polyurethane foam industry reveal undeniable patterns towards sustainable, recyclable foams to meet environmental legislation. The construction industry remains a key factor influencing demand. Polyurethane foam continues to be a dominant product in insulation, sealing, and structural support because of the excellent energy-efficient and cost-effective benefits it provides. Emerging applications in healthcare and bedding industries, along with advancements in technology for flexible foams, are beginning to reinforce the long-term growth expectations for the market.

Emerging Developments in the Polyurethane Foam Market

The polyurethane foam market developments include innovations in bio-based foams derived from renewable raw materials, reducing reliance on petroleum-based inputs. Manufacturers are concentrated on high-performance foams that have greater fire resistance, thermal stability, and recyclability. Further developments involve the greater adoption of manufacturing technologies to improve foam uniformity and performance. Manufacturers are also solidifying their supply chains for flexible, rigid, and spray polyurethane foams to meet the needs of various products in multiple applications, including furniture, automotive, refrigeration, and building insulation.

List of Leading Companies in the Polyurethane Foam Market

Some of the leading companies include:

  • BASF SE
  • Bayer MaterialScience
  • The Dow Chemical Company
  • Huntsman Corporation
  • Wanhua Chemical Group Co., Ltd.
  • Covestro AG
  • Recticel NV
  • Carpenter Co.
  • FXI Inc.
  • Mitsui Chemicals, Inc.

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