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Global Flexible Foams Market 2017-2021

Global Flexible Foams Market 2017-2021

About Flexible Foams

Polymer foams are broadly classified under thermosets or thermoplastics, which are further segmented into flexible and rigid foams. Thermoplastics can be broken down and recycled, whereas thermosets are hard to recycle owing to their heavily crosslinked structure. Flexible foams are primarily of three types: polyurethane, polyethylene, and polypropylene. Various other types of flexible foams are also used such as polyvinyl chloride foams, polystyrene foams, and polyolefin foams. Flexible foams are increasingly used as insulators because they are cost effective and restrict the transfer of heat.

Technavio’s analysts forecast the global flexible foams market to grow at a CAGR of 5.78% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global flexible foams market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of flexible foam.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Flexible Foams Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Dow Chemical
  • Covestro
  • Huntsman
  • JSP
Other prominent vendors
  • FXI
  • Rogers Corporation
  • Recticel
  • Woodbridge Foam Corporation (The Woodbridge Group)
  • Ube Industries
  • Vita Group
  • Zotefoams
Market driver
  • Growth in bedding and furniture industry driven by expanding population
  • For a full, detailed list, view our report
Market challenge
  • Environmental hazards in manufacture and application of flexible foams
  • For a full, detailed list, view our report
Market trend
  • Growing focus on the production of bio-based flexible foams
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Flexible Foams Market 2017-2021

Technavio recognizes the following companies as the key players in the global flexible foams market: BASF, Dow Chemical, Covestro, Huntsman, and JSP

Other Prominent Vendors in the market are: FXI, Rogers Corporation, Recticel, Woodbridge Foam Corporation (The Woodbridge Group), Ube Industries, Vita Group, and Zotefoams

Commenting on the report, an analyst from Technavio’s team said: “Low supply constraints in Europe, following the establishment of new flexible foam production facilities in China, will likely restrict the rising costs of production, thereby reducing the cost of the product. Established manufacturers in APAC provide high capacity utilization to cater to the growing demand from South America and Europe. This region is the largest consumer of flexible foam and accounted for 43.3% of the global flexible foam consumption in 2016. However, the consumption of flexible foam in the other regions is also likely to increase during 2017-2021.”

According to the report, despite the volatile growth in the real estate sector in China, the rapid development of rail and road infrastructure by the government to sustain fast-growing industrial sectors has resulted in significant growth of the construction industry in recent years. The construction industry in China is dominated by state-owned enterprises. The increased spending by the government on construction propelled the country to the forefront in the global scenario. Even the volatile real estate sector had shown great promise during the second half of the last decade, and currently, accounts for nearly one-third of the overall share in the global construction industry.

Further, the report states that raw materials such as polyol and diisocyanates (TDI and MDI) are the major cost items in the production of flexible foams especially polyurethane flexible foams. Several chemicals that are used in manufacturing foams are derived from crude oil. Thus, volatility in crude oil prices has been a key factor that is hampering the market growth for flexible foam. In 2016, Dow Polyurethanes Europe, Middle East & Africa and India announced the rise in prices for all its polyol, MDI, and TDI products in Europe, the Middle East, Africa, and India, which was effective from May 1, 2016. Therefore, fluctuations in raw material prices are negatively affecting the financial performance of vendors in the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-flexible-foams-market-2017-2021

Companies Mentioned

BASF, Dow Chemical, Covestro, Huntsman, JSP, FXI, Rogers Corporation, Recticel, Woodbridge Foam Corporation (The Woodbridge Group), Ube Industries, Vita Group, and Zotefoams

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Outlook
  • Market landscape
    • Market size and forecast
      • Table Global flexible foams market 2016 and 2021 ($ billions)
      • Table Market forecast: Global flexible foams market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global flexible foams market by type
      • Table Global flexible foams market by type 201 (% revenue)
      • Table Global flexible foams market by type 2021 (% revenue)
    • Global polyurethane flexible foams market
      • Table Global polyurethane flexible foams market 2016 and 2021 ($ billions)
      • Table Market forecast: Global polyurethane flexible foams market 2016-2021
      • Table Types of polyurethane flexible foam and its applications
    • Global polyethylene flexible foams market
      • Table Global polyethylene flexible foams market 2016 and 2021 ($ billions)
      • Table Market forecast: Global polyethylene flexible foams market 2016-2021
    • Global polypropylene flexible foams market
      • Table Global polypropylene flexible foams market 2016 and 2021 ($ billions)
      • Table Market forecast: Global polypropylene flexible foams market 2016-2021
    • Global flexible foams market by other flexible foams
      • Table Global flexible foams market by other flexible foams 2016 and 2021 ($ billions)
      • Table Market forecast: Global flexible foams market by other flexible foams 2016-2021
  • Market segmentation by application
    • Global flexible foams market by application
      • Table Global flexible foams market by application 2016 (% revenue)
      • Table Global flexible foams market by application 2021 (% revenue)
    • Global flexible foams market in furniture and bedding applications
      • Table Global flexible foams market in furniture and bedding applications 2016 and 2021 ($ billions)
      • Table Market forecast: Global flexible foams market in furniture and bedding applications 2016-2021
    • Global flexible foams market in transportation applications
      • Table Global flexible foams market in transportation applications 2016 and 2021 ($ billions)
      • Table Market forecast: Global flexible foams market in transportation applications 2016-2021
    • Global flexible foams market in packaging applications
      • Table Global flexible foams market in packaging applications 2016 and 2021 ($ billions)
      • Table Market forecast: Global flexible foams market in packaging applications 2016-2021
    • Global flexible foams market in other applications
      • Table Global flexible foams market in other applications 2016 and 2021 ($ billions)
      • Table Market forecast: Global flexible foams market in other applications 2016-2021
  • Geographical segmentation
    • Global flexible foams market by region
      • Table Global flexible foams market by region 2016 (% revenue)
      • Table Global flexible foams market by region 2021 (% revenue)
    • Flexible foams market in APAC
      • Table Flexible foams market in APAC 2016 and 2021 ($ billions)
      • Table Market forecast: Flexible foams market in APAC 2016-2021
    • Flexible foams market in Europe
      • Table Flexible foams market in Europe 2016 and 2021 ($ billions)
      • Table Market forecast: Flexible foams market in Europe 2016-2021
    • Flexible foams market in North America
      • Table Flexible foams market in North America 2016 and 2021 ($ billions)
      • Table Market forecast: Flexible foams market in North America 2016-2021
    • Flexible foams market in ROW
      • Table Flexible foams market in ROW 2016 and 2021 ($ billions)
      • Table Market forecast: Flexible foams market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers on key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key regions
      • Table Impact of challenges
  • Market trends
    • Growth in construction industry
    • Augmented investment in R&D
    • Increasing number of manufacturers in APAC
    • Growing focus on the production of bio-based flexible foams
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Global flexible foams market: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • BASF
      • Table BASF: Business segment by revenue 2016
      • Table BASF: Geographical segment by revenue 2016
    • Covestro
      • Table Covestro: Business segment by revenue 2016
      • Table Covestro: Geographical segment by revenue 2016
    • Dow Chemical
      • Table Dow Chemical: Business segmentation by revenue 2015
      • Table Dow Chemical: Geographical segmentation by revenue 2015
    • Huntsman
      • Table Huntsman: Business segmentation by revenue 2015
      • Table Huntsman: Geographical segmentation by revenue 2015
      • Table Huntsman: Product offerings 2015
    • JSP
      • Table JSP: Business segment by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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