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North America Flexible Foam Market Trends

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

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North America Flexible Foam Market Trends

Low processing costs and the use of up to 100% recycled materials make non-crosslinked physically foamed PE/PP ideal for various applications. These include noise insulation for inter floor ceilings, thermal insulation in elevated temperatures, insulation for aluminium window profiles, foam food trays, and heat and sound insulation in the automotive and aviation industries.

In November 2023, IFC and a partner evaluated a new product made from partially cross-linked physically foamed polyethylene, using carbon dioxide (CO2) as a blowing agent. This foam, created with a special grafted LDPE and a cross-linked catalyst, can withstand temperatures up to 95-100°C. It offers a partial replacement for traditional chemically cross-linked foamed PE, opening new market opportunities and supporting a “closed loop” economy.

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.