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Global Bio-Based Foam Market Size Study & Forecast, by Raw Material, Type, End-Use Industry, and Regional Forecasts 2025–2035

Published Jul 28, 2025
Length 285 Pages
SKU # BIZW20221677

Description

The Global Bio-Based Foam Market is valued at approximately USD 0.94 billion in 2024 and is projected to grow at an impressive compound annual growth rate (CAGR) of 23.10% over the forecast period 2025–2035. In the pursuit of sustainability and circular innovation, bio-based foams have emerged as a powerful alternative to petroleum-derived materials, carving out a promising trajectory across industries seeking environmental compliance and ecological efficiency. These foams, primarily produced from renewable resources like corn, sugarcane, and soy, are gaining traction for their low carbon footprint, superior insulation properties, and biodegradability, driving their proliferation across packaging, construction, and automotive applications.

With governments and corporations doubling down on eco-friendly practices and green product portfolios, the adoption of bio-based foams is witnessing exponential momentum. The packaging sector, for instance, is experiencing a paradigm shift fueled by increasing regulatory pressure against single-use plastics. This has encouraged key manufacturers to recalibrate their material strategies, integrating bio-based polyurethane and polylactic acid (PLA) foams to meet stringent environmental mandates without compromising performance. Moreover, the growing demand for lightweight and energy-efficient components in automotive and aerospace industries further bolsters the market potential of these sustainable foams.

Regionally, North America dominates the global bio-based foam market, backed by a robust policy landscape promoting bio-economy, coupled with substantial R&D investments in renewable materials. The United States remains a pivotal contributor, owing to its advanced infrastructure and strong corporate commitments toward decarbonization. Meanwhile, Europe is at the forefront of regulatory advocacy, especially with its Green Deal initiatives pushing for circular economy models, thereby amplifying the demand for bio-based insulation and cushioning materials. The Asia Pacific region, led by China and India, is poised to register the fastest growth, buoyed by escalating industrialization, government incentives for bio-based innovations, and heightened environmental awareness among consumers. Latin America and the Middle East & Africa are gradually integrating bio-foams into packaging and consumer goods as sustainability narratives gain ground.

Major market players included in this report are:
• BASF SE
• Covestro AG
• Woodbridge Foam Corporation
• Cargill Incorporated
• Recticel NV/SA
• Huntsman Corporation
• Foampartner Group
• Dow Inc.
• JSP Corporation
• FXI Holdings Inc.
• Mitsui Chemicals Inc.
• Rogers Corporation
• Arkema S.A.
• Evonik Industries AG
• Vita Group

Global Bio-Based Foam Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Raw Material:
• Corn
• Sugarcane
• Soy

By Type:
• Rigid Foam
• Flexible Foam

By End-Use Industry:
• Building & Construction
• Packaging
• Automotive
• Furniture & Bedding
• Footwear, Sports & Recreational

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global Bio-Based Foam Market Report Scope & Methodology
1.1. Research Objective
1.2. Research Methodology
1.2.1. Forecast Model
1.2.2. Desk Research
1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
1.4.1. Market Definition
1.4.2. Market Segmentation
1.5. Research Assumption
1.5.1. Inclusion & Exclusion
1.5.2. Limitations
1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings
Chapter 3. Global Bio-Based Foam Market Forces Analysis
3.1. Market Forces Shaping The Global Bio-Based Foam Market (2024–2035)
3.2. Drivers
3.2.1. Surge in demand for sustainable and eco-friendly materials
3.2.2. Government regulations against petrochemical-based foams
3.3. Restraints
3.3.1. High production cost of bio-based raw materials
3.3.2. Limited performance compatibility in some industrial applications
3.4. Opportunities
3.4.1. Growing applications across packaging and automotive sectors
3.4.2. Rising R&D investments in biodegradable material innovations
Chapter 4. Global Bio-Based Foam Industry Analysis
4.1. Porter’s 5 Forces Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Forecast Model (2024–2035)
4.3. PESTEL Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024–2025)
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Bio-Based Foam Market Size & Forecasts by Raw Material 2025–2035
5.1. Market Overview
5.2. Global Bio-Based Foam Market Performance – Potential Analysis (2025)
5.3. Corn
5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
5.3.2. Market Size Analysis, by Region, 2025–2035
5.4. Sugarcane
5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
5.4.2. Market Size Analysis, by Region, 2025–2035
5.5. Soy
5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
5.5.2. Market Size Analysis, by Region, 2025–2035
Chapter 6. Global Bio-Based Foam Market Size & Forecasts by Type 2025–2035
6.1. Market Overview
6.2. Global Bio-Based Foam Market Performance – Potential Analysis (2025)
6.3. Rigid Foam
6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
6.3.2. Market Size Analysis, by Region, 2025–2035
6.4. Flexible Foam
6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
6.4.2. Market Size Analysis, by Region, 2025–2035
Chapter 7. Global Bio-Based Foam Market Size & Forecasts by End-Use Industry 2025–2035
7.1. Market Overview
7.2. Building & Construction
7.3. Packaging
7.4. Automotive
7.5. Furniture & Bedding
7.6. Footwear, Sports & Recreational
Chapter 8. Global Bio-Based Foam Market Size & Forecasts by Region 2025–2035
8.1. Global Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Bio-Based Foam Market
8.3.1. U.S.
8.3.2. Canada
8.4. Europe Bio-Based Foam Market
8.4.1. UK
8.4.2. Germany
8.4.3. France
8.4.4. Spain
8.4.5. Italy
8.4.6. Rest of Europe
8.5. Asia Pacific Bio-Based Foam Market
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. Australia
8.5.5. South Korea
8.5.6. Rest of Asia Pacific
8.6. Latin America Bio-Based Foam Market
8.6.1. Brazil
8.6.2. Mexico
8.7. Middle East & Africa Bio-Based Foam Market
8.7.1. UAE
8.7.2. Saudi Arabia
8.7.3. South Africa
8.7.4. Rest of Middle East & Africa
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. BASF SE
Company Overview
Key Executives
Company Snapshot
Financial Performance (Subject to Data Availability)
Product/Services Port
Recent Development
Market Strategies
SWOT Analysis
9.3. Covestro AG
9.4. Woodbridge Foam Corporation
9.5. Cargill Incorporated
9.6. Recticel NV/SA
9.7. Huntsman Corporation
9.8. Foampartner Group
9.9. Dow Inc.
9.10. JSP Corporation
9.11. FXI Holdings Inc.
9.12. Mitsui Chemicals Inc.
9.13. Rogers Corporation
9.14. Arkema S.A.
9.15. Evonik Industries AG
9.16. Vita Group
List of Tables
Table 1. Global Bio-Based Foam Market, Report Scope
Table 2. Global Bio-Based Foam Market Estimates & Forecasts by Region 2024–2035
Table 3. Global Bio-Based Foam Market Estimates & Forecasts by Raw Material 2024–2035
Table 4. Global Bio-Based Foam Market Estimates & Forecasts by Type 2024–2035
Table 5. Global Bio-Based Foam Market Estimates & Forecasts by End-Use Industry 2024–2035
Table 6. U.S. Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 7. Canada Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 8. UK Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 9. Germany Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 10. France Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 11. Spain Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 12. Italy Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 13. Rest of Europe Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 14. China Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 15. India Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 16. Japan Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 17. Australia Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 18. South Korea Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 19. Rest of Asia Pacific Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 20. Brazil Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 21. Mexico Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 22. UAE Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 23. Saudi Arabia Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 24. South Africa Bio-Based Foam Market Estimates & Forecasts, 2024–2035
Table 25. Rest of Middle East & Africa Bio-Based Foam Market Estimates & Forecasts, 2024–2035
List of Figures
Figure 1. Global Bio-Based Foam Market, Research Methodology
Figure 2. Global Bio-Based Foam Market, Market Estimation Techniques
Figure 3. Global Market Size Estimates & Forecast Methods
Figure 4. Global Bio-Based Foam Market, Key Trends 2025
Figure 5. Global Bio-Based Foam Market, Growth Prospects 2024–2035
Figure 6. Global Bio-Based Foam Market, Porter’s Five Forces Model
Figure 7. Global Bio-Based Foam Market, PESTEL Analysis
Figure 8. Global Bio-Based Foam Market, Value Chain Analysis
Figure 9. Bio-Based Foam Market by Raw Material, 2025 & 2035
Figure 10. Bio-Based Foam Market by Type, 2025 & 2035
Figure 11. Bio-Based Foam Market by End-Use Industry, 2025 & 2035
Figure 12. North America Bio-Based Foam Market, 2025 & 2035
Figure 13. Europe Bio-Based Foam Market, 2025 & 2035
Figure 14. Asia Pacific Bio-Based Foam Market, 2025 & 2035
Figure 15. Latin America Bio-Based Foam Market, 2025 & 2035
Figure 16. Middle East & Africa Bio-Based Foam Market, 2025 & 2035
Figure 17. Global Bio-Based Foam Market, Company Market Share Analysis (2025)
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