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North America Flexible Foam Market Share

Report ID: GMI5234
Published Date: Nov 2024
Report Format: PDF

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North America Flexible Foam Market Share

In 2023, key companies like BASF, Dow, VPC Group, Covestro and Rogers Foam held a combined market share of 20%-25%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Many companies invest heavily in R&D to create innovative foam products for industries like automotive, bedding, packaging, and construction. There's high demand for customized foam solutions that offer superior comfort, acoustic performance, thermal insulation, and lightweight properties. Manufacturers provide tailored products for specialized uses, such as automotive seating, soundproofing, and temperature control. Additionally, many companies form strategic partnerships with end-user industries to strengthen their market position.

North America Flexible Foam Market Companies

Major players operating in the North America flexible foam industry are:

American Excelsior
BASF
Covestro
Dow
Foam Creations
Foamco
General Plastics
Heubach
Huntsman
Poly Labs
Recticel
Rogers Foam
Saint-Gobain
VPC Group
Wisconsin Foam Products

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The North America flexible foam market was reached USD 8.3 billion in 2023 and is projected to grow at a 5.8% CAGR from 2024 to 2032, driven by rising demand for comfort-oriented products.

The polyurethane segment accounted for approximately USD 4.1 billion in revenue in 2023 and is expected to grow at a 6.1% CAGR from 2024 to 2032, owing to its versatility and cost-effectiveness.

The U.S. flexible foam market reached over USD 6.7 billion in 2023 and is expected to grow at a CAGR of 5.8% from 2024 to 2032, driven by increasing demand in furniture, bedding, automotive, and transportation.

Major players in the North America flexible foam market include American Excelsior, BASF, Covestro, Dow, Foam Creations, Foamco, General Plastics, Heubach, Huntsman, Poly Labs, Recticel, Rogers Foam, Saint-Gobain, VPC Group, and Wisconsin Foam Products.