#Automotive Armrest Market growth

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Polyurethane Foam 2024 Industry – Challenges, Drivers, Outlook, Segmentation - Analysis to 2030

Polyurethane Foam Industry Overview

The global polyurethane foam market size was estimated at USD 43.70 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030.

Factors such as increasing demand from various industries, including automotive, construction, and furniture. Polyurethane (PU) foam's demand is driven by its versatility and excellent insulation properties, thus making it an ideal material for ensuring the comfort, safety, and energy efficiency of using products. In addition, the market is driven by consumer preference for eco-friendly and sustainable materials, as PU foam can be manufactured using bio-based materials, reducing the environmental impact. Moreover, advancements in technology and manufacturing processes have made PU foam more cost-effective, further fueling its adoption across multiple sectors. As these driving factors continue to shape the industry landscape, the global PU foam market is projected to experience steady growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Polyurethane Foam Market

Market growth of polyurethane (PU) foam has been closely linked to several key trends in recent times. The burgeoning automotive industry has significantly increased its usage of PU foam for various applications, such as seat cushions, headrests, and interior trims, as automakers seek to improve vehicle comfort and fuel efficiency. Moreover, the construction sector's continuous expansion has driven demand for PU foam insulation in buildings to reduce energy consumption and meet sustainability requirements. In addition, the furniture industry has embraced PU foam due to its lightweight nature and excellent cushioning properties, which enhance comfort and durability of sofas, mattresses, and other upholstered products. Growing awareness about environmental concerns has propelled manufacturers to develop bio-based PU foam, tapping into eco-friendly niche markets. These driving factors, combined with ongoing technological advancements and increasing adoption across various industries, promise a positive outlook for the global market in the foreseeable future.

The U.S. plays a significant role in global market, exhibiting its strong presence and influence. With a robust manufacturing sector and a technologically advanced market, the U.S. has emerged as one of the leading consumers and producers of PU foam products worldwide. Country's construction, automotive, and furniture industries have been major drivers of PU foam demand, fueling its widespread adoption across various applications.

PU foam has a widespread application in the construction sector as a thermal and acoustic insulation for buildings. The U.S. is experiencing a significant rise in demand for PU foam as energy efficiency has become a major concern. The automotive industry extensively utilizes PU foam for seat cushions, headrests, armrests, and interior panels due to its lightweight, durability, and comfort. Moreover, the furniture industry relies on PU foam for manufacturing comfortable mattresses, cushions, and upholstery materials, catering to a growing demand for aesthetically pleasing and durable home and office furniture.

The U.S. has a strong presence of PU foam manufacturers, suppliers, and distributors, which further drives market growth. Several prominent American companies are engaged in the production of PU foam and its related products, leveraging advanced technologies and innovative manufacturing processes. This allows the U.S. to cater to both domestic and international demand, exporting PU foam to various countries globally. The country's involvement in the global market is expected to remain robust due to its industrial prowess, technological advancements, and continuous growth of key end-use industries.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

• The global nylon monofilament market size was valued at USD 1.33 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030.

• The global laminated labels market was valued at USD 89.9 million in 2023 and is projected to grow at a CAGR of 8.4% from 2024 to 2030.

Global Polyurethane Foam Market Report Segmentation

This report forecasts revenue and volume growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global polyurethane foam market report based on product, application, and region.

Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

Rigid Foam

Flexible Foam

Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

Bedding & Furniture

Transportation

Packaging

Construction

Electronics

Footwear

Others

Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

Italy

France

Spain

Netherlands

Poland

Asia Pacific

China

India

Japan

South Korea

Australia

Thailand

Indonesia

Central & South America

Brazil

Argentina

Middle East & Africa

UAE

Saudi Arabia

Key Companies & Market Share Insights

The market has been characterized by the presence of key players along with a few medium and small regional players. Major players are continuously working on developing polymers for production of polyurethane (PU) foam owing to rising demand for bedding & furniture.

This is a highly competitive market due to the presence of major industries across globe as these companies are comparatively concentrated and fiercely competitive along with acquisitions, mergers, and collaborations. For Instance, in June 2023, Sheela Foam, one of renowned manufacturers of foam-based products, planned to acquire Kurlon Enterprise with a capital investment of USD 395.51 million. This strategic move represents a significant step forward for Sheela Foam as it expands its market presence and product portfolio. By acquiring Kurlon Enterprise, Sheela Foam gains access to a strong brand, an extensive distribution network, and a diverse customer base. This acquisition not only reinforces Sheela Foam's position as a dominant player in the industry but also opens new avenues for growth and innovation. With this bold investment, Sheela Foam is well-poised to offer a comprehensive range of high-quality foam and bedding solutions, further cementing its reputation as a trusted name in the market.

Huntsman Corporation

The Dow Chemical Company

BASF SE

Sekisui Chemical Co., Ltd.

Trelleborg AG

Future Foam, Inc

Elliott Co. of Indianapolis, Inc.

Recticel S.A.

Foamcraft, Inc.

UFP Technologies, Inc.

Rogers Corporation

Wanhua Chemical Group Co., Ltd.

Saint-Gobain S.A.

Order a free sample PDF of the Polyurethane Foam Market Intelligence Study, published by Grand View Research.

[robertsteven65]

Expanded Polypropylene Foam: High-Density Segment Sees Surge in Automotive and Packaging Uses

Overview : 

Expanded Polypropylene Foam Market was valued at USD 1,186.6 million and is expected to reach USD 2581.9 million in 2032. This market is estimated to register a CAGR of 8.3% between 2023 and 2032. 

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Expanded polypropylene (EPP) foam is a versatile material known for its excellent impact resistance and lightweight properties. It is widely used in various industries due to its durability and cushioning ability. In consumer goods, EPP foam provides protection for sensitive electronics like computer equipment and circuit boards, where its shock-absorbing qualities help prevent damage during transport and use. Additionally, EPP foam's insulating properties make it valuable in packaging, building, and construction, where it contributes to energy efficiency and structural integrity.

Looking ahead, the demand for EPP foam is expected to grow, particularly in the toy and sports equipment sectors. As consumers become more health-conscious and seek products that offer better protection and safety, EPP foam's role in these areas is likely to expand. Its use in toys can provide safer play experiences for children, while in sporting goods, it can enhance comfort and injury prevention. This increasing awareness and preference for quality and safety are driving factors that will likely boost the global market for expanded polypropylene foam.

Key Market Segments

Based on Product

High Density

Low Density

Medium Density

Based on Application

Bumpers

Roof Pillars

Seat Bracing

Armrests

Other Applications

Based on End-User

Automotive

Packaging

Consumer goods

Appliances

Oil & Gas

Other End-Users

By Product Analysis: 

The expanded polypropylene (EPP) foam market is segmented into high density, low density, and medium density, with high-density foams leading the market. In 2022, high-density EPP foams commanded over 42.0% of the market share, largely due to their use in automotive safety components and packaging.

By Application Analysis:

 In terms of application, bumpers emerged as the leading segment, capturing over 42.0% of the market share in 2022. The increasing need for high-impact-resistant packaging for vehicle components drives this dominance, as EPP foam bumpers provide crucial safety features and impact absorption in automotive interiors and exteriors.

By End-Users Analysis: 

The automotive sector is the primary end-user of expanded polypropylene foam, driven by its cost-effectiveness, mechanical strength, and moldability. EPP foam contributes to weight reduction in vehicles, enhancing fuel efficiency by up to 7% and lowering VOC emissions from interior components. 

Key Players

JSP

BASF SE

Kaneka Corporation

DS Smith

Furukawa Electric Co., Ltd.

Hanwha Group

Sonoco Products

Knauf Industries

Izoblok

Dongshin Industry Incorporated

Clark Foam Products Corporation

Paracoat Products Ltd.

Molan-Pino South Africa

Signode Industrial Group LLC

Armacel

Furukawa Electric Co., Ltd.

Other Market Players

Drivers: 

The expanding automotive industry is a major driver for the expanded polypropylene (EPP) foam market, as its lightweight and impact-resistant properties are ideal for components like bumpers and panels. Additionally, the growth of e-commerce and the increasing demand for sustainable packaging solutions are boosting the use of EPP foam in the packaging sector.

Restraints: 

The high cost and price volatility of polypropylene, a key raw material, can impact profitability and increase finished product costs. EPP foam also faces competition from cheaper alternatives like expanded polystyrene (EPS) and may encounter challenges from emerging materials and technologies. 

Opportunities: 

There is significant growth potential in the automotive and packaging sectors, with emerging applications in building insulation and cushioning. The development of new uses, such as in toys and sports equipment, and advancements in manufacturing technology could reduce costs and broaden the material’s market reach.

Challenges: 

Despite its advantages, EPP foam's market growth may be hampered by the development of new materials that could replace it in certain applications. Limited availability and higher costs associated with its recycling could also affect its overall market adoption and sustainability.

[singhallnduspvtltd]

Discover Superior Versatility with TPU Film: Ideal for Automotive, Textile, and Medical Industries

Thermoplastic polyurethane (TPU) film has emerged as a standout material across various industries, thanks to its exceptional versatility, durability, and adaptability. Its unique properties make it an ideal choice for applications in the automotive, textile, and medical sectors. As TPU film gains prominence, it's essential to explore its benefits, applications, and the thriving market for TPU film suppliers in India, particularly those in Gujarat and Kolkata.

Understanding TPU Film

TPU film is a flexible, transparent material known for its elasticity, abrasion resistance, and high tensile strength. These characteristics stem from its unique molecular structure, which combines the best properties of rubber and plastic. TPU film is available in various hardness levels, allowing it to be customized for specific applications. This adaptability makes it a preferred choice in industries requiring materials that can withstand harsh conditions while maintaining performance.

Automotive Applications

The automotive industry is one of the largest consumers of TPU film, utilizing it for numerous applications due to its outstanding properties. TPU film is widely used in automotive interiors for seat covers, dashboards, and armrests. Its durability and resistance to wear and tear ensure that these components remain in good condition despite constant use. Moreover, TPU film's ability to withstand extreme temperatures makes it suitable for both hot and cold climates, enhancing the longevity of automotive parts.

Additionally, TPU film is used in automotive exteriors for protective coatings and paint protection films. These films act as a shield against scratches, dents, and UV radiation, preserving the vehicle's appearance and value. The self-healing properties of TPU film allow minor scratches to disappear over time, maintaining a pristine surface.

Textile Industry Applications

In the textile industry, TPU film is celebrated for its flexibility, breathability, and water resistance. It is commonly used in the production of outdoor clothing, sportswear, and footwear. TPU film laminates are applied to fabrics to create waterproof yet breathable garments, ideal for outdoor activities such as hiking, skiing, and cycling. The film's elasticity allows for a comfortable fit, enhancing the wearer's mobility.

TPU film is also used in the manufacturing of inflatable products such as air mattresses, life jackets, and inflatable boats. Its airtight and watertight properties ensure that these products remain inflated and functional under various conditions. Furthermore, TPU film's resistance to punctures and abrasion enhances the durability of inflatable products, making them reliable for prolonged use.

Medical Industry Applications

The medical industry demands materials that are not only durable and flexible but also safe for use in sensitive environments. TPU film meets these criteria, making it a popular choice for medical applications. It is used in the production of medical bags, wound care products, and surgical drapes. TPU film's biocompatibility ensures that it does not cause adverse reactions when in contact with human skin or tissues, making it suitable for medical devices and equipment.

Additionally, TPU film is employed in the manufacturing of medical garments such as gloves, gowns, and masks. Its barrier properties protect against pathogens and fluids, ensuring the safety of healthcare professionals and patients. The film's flexibility and comfort make it suitable for extended wear, reducing the risk of discomfort or allergic reactions.

TPU Film Market in India

India has become a significant player in the TPU film market, with numerous suppliers and manufacturers catering to domestic and international demand. The growth of this market can be attributed to the increasing applications of TPU film across various industries, coupled with advancements in manufacturing technologies.

Several TPU film suppliers in India offer a wide range of products tailored to different industrial needs. These suppliers focus on providing high-quality TPU film that meets international standards. Their offerings include TPU film with varying hardness levels, thicknesses, and surface finishes, ensuring that clients find the perfect match for their applications.

Gujarat has emerged as a hub for TPU film manufacturing, thanks to its robust industrial infrastructure and skilled workforce. TPU film manufacturer in Gujarat leverages the state-of-the-art technology to produce more high-quality films that cater to variuos industries. These manufacturers prioritize innovation, constantly exploring new formulations and production techniques to enhance the performance and versatility of TPU film.

Kolkata is another key player in the TPU film market, with several manufacturers focusing on producing top-notch films for various applications. TPU film manufacturers in Kolkata are known for their commitment to quality and customer satisfaction. They employ rigorous quality control measures to ensure that their products meet the stringent requirements of different industries, from automotive to medical.

Conclusion

TPU film has proven to be an indispensable material across various industries, including automotive, textile, and medical. Its unique combination of properties, such as durability, flexibility, and biocompatibility, makes it ideal for a wide range of applications. As the market for TPU film continues to grow, suppliers and manufacturers in India, particularly in Gujarat and Kolkata, are playing a crucial role in meeting the global demand for this versatile material. With ongoing advancements in manufacturing technologies and applications, TPU film is set to remain a vital component in many industrial sectors, driving innovation and enhancing product performance.

Frequently Asked Questions

What is TPU film, and what are its main applications? TPU film is a flexible, durable material known for its elasticity, abrasion resistance, and high tensile strength. It is used in various industries, including automotive (for interior and exterior components), textiles (for waterproof and breathable garments), and medical (for medical bags, wound care products, and surgical drapes).

Why is TPU film preferred in the automotive industry? TPU film is preferred in the automotive industry due to its durability, temperature resistance, and protective properties. It is used for seat covers, dashboards, protective coatings, and paint protection films, ensuring longevity and maintaining the vehicle's appearance.

How is TPU film used in the textile industry? In the textile industry, TPU film is used to create waterproof yet breathable garments, inflatable products, and other flexible, durable items. Its properties enhance comfort, fit, and reliability, making it ideal for outdoor clothing and gear.

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Interior Innovation: Automotive Plastic Interior Trims Market Analysis | Global Insight Services

Automotive plastic interior trims are the decorative and protective finishing touches to the interior of a vehicle. They are made from a variety of materials, including ABS plastic, PVC, and polycarbonate. Automotive plastic interior trims can be found on the dashboard, door panels, center console, and other areas of the vehicle interior. They are available in a wide range of colors and finishes, and can be customized to match the specific style of the vehicle.

Key Trends

There are several key trends in automotive plastic interior trims technology.

One is the use of high-strength plastics that can withstand high temperatures and harsh chemicals. This enables manufacturers to create trims that are more durable and resistant to wear and tear.

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Another trend is the use of recycled plastics in interior trims. This helps to reduce the environmental impact of manufacturing and disposal of plastic trims.

Finally, there is a trend towards the use of more environmentally friendly plastics that are biodegradable or recyclable.

Key Drivers

There are a few key drivers of the automotive plastic interior trims market.

Firstly, plastic is a lightweight material, which helps to reduce the overall weight of the vehicle. This, in turn, helps to improve fuel efficiency.

Secondly, plastic is a durable material, which means that it can withstand a lot of wear and tear. This makes it an ideal material for use in the interior of a vehicle.

Thirdly, plastic is a relatively inexpensive material, which makes it an attractive option for use in the interior of a vehicle.

Finally, plastic is a recyclable material, which means that it can be reused or recycled, making it an environmentally-friendly option.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segments

The Automotive Plastic Interior Trims Market is segmented by vehicle type, application, sales channel and region. By vehicle type, the market is divided into commercial vehicles and passenger cars. Based on application, it is bifurcated into pillar trims, door trims, instrument panels, armrests, seat backs and others. On the basis of sales channel, it is classified into OEM and after market. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Automotive Plastic Interior Trims Market includes players such as Trinseo, Dassault Systèmes, CIE Automotive, Gronbach, TS TECH Co., Ltd., Neaton Auto Products Manufacturing, Inc., Sage Automotive Interior Trim, ITG Company, Covestro AG, and KASAI KOGYO CO., LTD.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Infographic excel data pack, easy to analyze big data

Robust and transparent research methodology

Unmatched data quality and after sales service

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lobal Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

[david843346]

Polyurethane Foam Market Global Demand Analysis & Opportunity Outlook 2035

research analysis on “Polyurethane Foam Market : Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global polyurethane foam market in terms of market segmentation by product type, density, application, end-use industry, and by region. 

Surge in the Use of Polyurethane Foam in Straps to Boost the Growth of Global Polyurethane Foam Market

The global market for polyurethane foam is set to grow on account of surge in use of polyurethane foam in straps. Polyurethane straps can be used in a wide variety of situations. Due to its overall strength and elasticity, polyurethane is the ideal material for products like watch straps since it meets the needs of the wearer in terms of convenience and adaptability. The strength of polyurethane compounds found in bungee cords can be demonstrated by the fact that a very thin, very long cord can support the weight of rather heavy things.

Additionally, the development of PU spray foam technology has also revolutionized the construction industry by allowing foam sprays to easily and sustainably replace conventional building materials. These materials offer better insulation than traditional building materials, which reduces energy costs. Furthermore, PU has been developed with better characteristics for a number of industrial applications thanks to ground-breaking production techniques.

Some of the major growth factors and challenges that are associated with the growth of the global polyurethane foam market are:

Growth Drivers:

Rise in the Production of Footwear

Growth in the Production of Furniture

Challenges:

Polyurethane is a versatile material with several applications and end uses. In some situations, the product is outperformed by alternatives on the market. For instance, linseed oil is used in place of hazardous compounds to cure wood in the furniture industry. Polysiloxane coatings are used instead of PUR coatings (based on isocyanates) in maritime applications. Polysiloxane coatings are also a great substitute for PUR coatings since they provide the right durability and weather resistance for maritime applications. This would prevent the market from growing.

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By end-use industry, the market for polyurethane foam is segmented into furniture & bedding, construction, electronics, packaging, footwear, and automotive. Out of these segments, the construction segment is anticipated to capture the highest share of about 30% over the forecast period. However, furniture & bedding segment is also projected to grow. Flexible polyurethane foam (FPF) is often used in commercial furniture, particularly that found in businesses (including home offices), classrooms, hotels, and dining establishments. Upholstery parts including seat cushions, armrests, backs, leg rests, and others use foam as their primary material.

By region, the market for polyurethane foam in Europe is estimated to grow over the forecast period. The promotion of environmental consciousness throughout the region is the key factor enabling the growth of the regional market. Additionally, a beneficial impact on the expansion of the regional market is anticipated from the expanding per capita disposable income. Germany is the country in the region that contributes to growth the most and generates the most money. However, during the following years, the U.K. polyurethane foam industry is predicted to develop at the highest rate.

This report also provides the existing competitive scenario of some of the key players of the global polyurethane foam market which includes company profiling of The Dow Chemical Company, BASF SE, Future Foam, Vita Holdings Limited, Covestro AG, Saint-Gobain SA, CRS Holdings LLC, Rogers Corporation, FXI, UFP Technologies, Inc., and others.

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[meghanester]

Polyurethane Foam Market Size Growth with a CAGR of ~8% During 2023-2035 and Attain ~USD 100 Billion by 2035

Research Nester’s recent market research analysis on “Polyurethane Foam Market : Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global polyurethane foam market in terms of market segmentation by product type, density, application, end-use industry, and by region. 

Surge in the Use of Polyurethane Foam in Straps to Boost the Growth of Global Polyurethane Foam Market

The global market for polyurethane foam is set to grow on account of surge in use of polyurethane foam in straps. Polyurethane straps can be used in a wide variety of situations. Due to its overall strength and elasticity, polyurethane is the ideal material for products like watch straps since it meets the needs of the wearer in terms of convenience and adaptability. The strength of polyurethane compounds found in bungee cords can be demonstrated by the fact that a very thin, very long cord can support the weight of rather heavy things.

Additionally, the development of PU spray foam technology has also revolutionized the construction industry by allowing foam sprays to easily and sustainably replace conventional building materials. These materials offer better insulation than traditional building materials, which reduces energy costs. Furthermore, PU has been developed with better characteristics for a number of industrial applications thanks to ground-breaking production techniques.

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Some of the major growth factors and challenges that are associated with the growth of the global polyurethane foam market are:

Growth Drivers:

Rise in the Production of Footwear

Growth in the Production of Furniture

Challenges:

Polyurethane is a versatile material with several applications and end uses. In some situations, the product is outperformed by alternatives on the market. For instance, linseed oil is used in place of hazardous compounds to cure wood in the furniture industry. Polysiloxane coatings are used instead of PUR coatings (based on isocyanates) in maritime applications. Polysiloxane coatings are also a great substitute for PUR coatings since they provide the right durability and weather resistance for maritime applications. This would prevent the market from growing.

By end-use industry, the market for polyurethane foam is segmented into furniture & bedding, construction, electronics, packaging, footwear, and automotive. Out of these segments, the construction segment is anticipated to capture the highest share of about 30% over the forecast period. However, furniture & bedding segment is also projected to grow. Flexible polyurethane foam (FPF) is often used in commercial furniture, particularly that found in businesses (including home offices), classrooms, hotels, and dining establishments. Upholstery parts including seat cushions, armrests, backs, leg rests, and others use foam as their primary material.

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By region, the market for polyurethane foam in Europe is estimated to grow over the forecast period. The promotion of environmental consciousness throughout the region is the key factor enabling the growth of the regional market. Additionally, a beneficial impact on the expansion of the regional market is anticipated from the expanding per capita disposable income. Germany is the country in the region that contributes to growth the most and generates the most money. However, during the following years, the U.K. polyurethane foam industry is predicted to develop at the highest rate.

This report also provides the existing competitive scenario of some of the key players of the global polyurethane foam market which includes company profiling of The Dow Chemical Company, BASF SE, Future Foam, Vita Holdings Limited, Covestro AG, Saint-Gobain SA, CRS Holdings LLC, Rogers Corporation, FXI, UFP Technologies, Inc., and others.

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[efrost]

Automotive Interiors Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis

Latest study released by AMA Research on Global Automotive Interiors Market research focuses on latest market trend, opportunities and various future aspects so you can get a variety of ways to maximize your profits. Automotive Interiors Market predicted until 2027*. Basics of automotive interior are automotive navigation system, backup camera, power steering, airbag, armrest, remote key less system, power door lock, child safety lock, air conditioning, car phone, seat belt, automobile accessory power, gear stick and others.

Automotive interior market is expected to grow potentially over forecast period owing to growing automotive industry globally, passenger and electric vehicle segment and increasing demand for self-running/ automatic vehicles

Some of Key Players included in Automotive Interiors Market are

Lear Corporation (United States)

Magna International, Inc. (Canada)

Continental AG (Germany)

Calsonic Kansei Corporation (Japan)

Delphi Automotive PLC (United Kingdom)

Panasonic Corporation (Japan)

Hyundai Mobis Co. Ltd. (South Korea)

Toyota Boshoku Corporation (Japan)

Tachi-S Co. Ltd. (Japan)

Aisin Seiki Ltd (Japan)

Calsonic Kansei Corporation (Japan)

Continental AG (Germany)

Delphi Automotive PLC (Ireland)

Faurecia S.A. (France)

Gentex Corporation (United States)

International Automotive Components Group S.A. (Luxembourg)

Johnson Controls Inc. (United States)

Kongsberg Automotive (Japan)

Magna International Inc. (Canada)

Nippon Seiki (Japan)

Pioneer Corp (Japan)

Market Trends: Growing Adoption for Interior Designing

Drivers: Growing Automobile Industry

Escalating Passenger Car and Electric Vehicle 

Challenges: Intense Competition

Opportunities: Rising Demand of Self-ruling Vehicles

The titled segments and Market Data are Break Down by Type (Perfume, Neck Pillow, Hanging Drop, Foot Pad, Steering Wheel Cover, Others), Vehicle (PV, LCV, HCV), Distribution Channel (Online Retail, Offline Retail)

Presented By

AMA Research & Media LLP

[chemicalresearchupdates]

Green And Bio Polyols Market Regional Size and Share Forecast

The green and bio polyols market refers to the industry that focuses on the production and distribution of polyols derived from renewable resources, such as plant-based materials, biomass, or recycled materials. Polyols are a key component in the manufacturing of polyurethane foams, coatings, adhesives, sealants, and elastomers. Green and bio polyols are considered environmentally friendly alternatives to traditional petroleum-based polyols because they help reduce dependence on fossil fuels, decrease greenhouse gas emissions, and contribute to a more sustainable future. They offer several advantages, including lower carbon footprint, reduced toxicity, and improved biodegradability.

Here is some comprehensive information about the green and bio polyols market:

Market Growth and Trends:

The green and bio polyols market has experienced significant growth in recent years due to the increasing demand for sustainable and eco-friendly products across various industries.

The market is driven by strict environmental regulations and the growing awareness of the adverse effects of traditional petrochemical-based products on the environment and human health.

Advancements in technology and manufacturing processes have also contributed to the market growth by improving the quality and performance of green and bio polyols.

Product Types:

The green and bio polyols market offers a range of product types, including soy-based polyols, castor oil-based polyols, palm oil-based polyols, corn-based polyols, and others.

Soy-based polyols are the most widely used type and have gained popularity due to their abundance, versatility, and favorable properties.

Other types, such as castor oil-based polyols and palm oil-based polyols, are also gaining traction in the market.

Applications:

Green and bio polyols find applications in various industries, including construction, automotive, furniture, bedding, packaging, and more.

In the construction sector, green and bio polyols are used in insulation foams, sealants, and adhesives to enhance energy efficiency and reduce carbon emissions.

The automotive industry utilizes green and bio polyols in seat cushions, headrests, armrests, and interior panels to meet sustainability goals and improve comfort.

The furniture and bedding sectors use green and bio polyols in the production of mattresses, pillows, upholstery, and other foam-based products to meet consumer demand for eco-friendly options.

Regional Market:

The green and bio polyols market is globally distributed, with key regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

North America and Europe are the leading markets due to stringent environmental regulations and growing consumer awareness regarding sustainable products.

Asia Pacific is expected to witness significant growth in the green and bio polyols market due to rapid industrialization, increasing construction activities, and rising environmental concerns in countries like China and India.

Key Players:

The market consists of numerous companies operating in the green and bio polyols sector.

Some of the prominent players include Cargill Incorporated, DowDuPont Inc., BASF SE, Bayer AG, Emery Oleochemicals, Jayant Agro-Organics Ltd., Arkema SA, Huntsman Corporation, Stepan Company, and BioBased Technologies LLC, among others.

The green and bio polyols market is expected to continue growing as more industries and consumers shift towards sustainable alternatives. Advancements in technology and increasing investments in research and development will further drive the market, leading to a wider range of bio-based polyol options and improved performance characteristics.

[chemicalsmaterialsnews]

Silencing the Ride: Investigating the Global Automotive NVH Materials Market and Its Impact on Noise, Vibration, and Harshness Reduction in Vehicles

Agents or substances capable of blocking or reducing the noise, vibrations, and harshness (NVH) originating from automobile parts, such as brake and accelerator pedals, engine boxes, armrests, and steering wheels, are known as automotive NVH materials. NVH is usually sensed at the engine box, steering wheel, armrests, pedals, and floor of the vehicle. At present, bio-based-polyurethane is gaining traction as an NVH material due to the surging focus of the automobile industry on pollution control and environment preservation.

Currently, NVH material manufacturers, such as Exxon Mobil Corporation, DowDuPont Inc., Sumitomo Chemical Company Ltd., Borgers SE & Co. KGaA, BASF SE, Huntsman Corporation, Mitsui Chemicals Inc., Covestro AG, Lanxess AG, and 3M Company, are providing rubber, cork, felt, foam, metal sheets, resins, fiberglass, and polyvinyl chloride (PVC) to automakers. The automobile industry prefers rubber over other NVH materials as it exhibits vibration damping and noise absorption properties owing to its high consistency and density.

The application segment of the automotive NVH materials market is classified into insulation, vibration damping, and sound absorption. Under this segment, the sound absorption category is expected to demonstrate the fastest growth throughout the forecast period due to the soaring number of complaints of unwanted noise from vehicle parts. For instance, according to the European Union (EU), approximately 40% of the EU populace is exposed to road traffic noise at levels exceeding 55 decibels.

In contemporary times, automakers have been integrating the highest volume of NVH materials in passenger cars due to the increasing compliance with the stringent vehicle safety regulations. Governments across the world are implementing strict laws to develop safer and quieter cars. Thus, the burgeoning demand for passenger cars will augment the usage of such substances globally. Additionally, automobile manufacturers incorporate such materials in heavy commercial vehicles (HCVs) and light commercial vehicles (LCVs).

According to P&S Intelligence, Asia-Pacific (APAC) dominated the automotive NVH materials market during the historical period (2013–2017) owing to the rising automobile production and sale in developing countries, such as China and India. Whereas, North America held the second position in the market in 2017 owing to the soaring disposable income of people and mounting investments being made in the automotive sector of the region. Automobile manufacturers in this region are largely focusing on improving the overall ride quality and reducing NVH.

Browse Full Report Automotive NVH Materials Market Trends and Drivers

[rohitinkwood]

Synthetic Leather Market: Popular Applications | Specialty Chemicals

Leather-making is an art practiced for over 7,000 years. During ancient times, fresh skins were dried in the sun, softened by pounding in animal brains and fats, and preserved by smoking and salting. However, with the changing times, easy to manufacture, maintain, cost-effective, and the vegan option of animal-based leather has increased in demand globally. As a result, synthetic leather has gained traction in industries, including footwear, clothing, furniture, and automotive. There is increasing use of synthetic leather in jackets, coats, handbags, purses, belts, etc. Moreover, there is also a high demand for synthetic leather in the footwear industry. According to Inkwood Research, the global synthetic leather market is anticipated to propel with a 7.11% CAGR in terms of revenue and 6.89% CAGR in terms of volume during the assessment years 2023-2032.

Genuine/Real Leather vs. Synthetic Leather

Synthetic leather resembles real leather, whereas genuine leather is a strong and durable material obtained from tanning or chemical treatment of animal skins and hide. Manufacturers obtain real leather from the skins of animals like buffaloes, cattle, pigs, sheep, goats, seals, and alligators. Leather is useful in producing clothing, handbags, footwear, sports equipment, and furniture.

On the other hand, synthetic leather is not as strong, durable, or flexible as real leather. However, the manufacturing process of synthetic leather is much simpler and tends to be less expensive than leather. Also, products made with synthetic leather are usually much easier to care for as they are usually made from plastics, especially polyurethane (PU), polyvinyl chloride (PVC), and epoxy resins.

Synthetic Leather Market: Popular Applications

Bags & Wallets

Briefcases, athletic bags, duffel bags, shoulder bags, purses and wallets, coin purses, business card holders, commuter pass holders, cigarette cases, and fashion bags are all made of synthetic leather. Companies like Baggit, Solo, Zara, Lavie, and Reaction Kenneth Cole��utilize synthetic leather to meet the demands for elegant bags with synthetic leather. The demand for synthetic leather in bags and wallets is mostly driven by shifting lifestyles, recreational habits, and increased urbanization. The demand for the product in this application is further boosted by expanding commercial operations and increasing travel and tourism. The growing popularity of gym and other casual bags among students and working professionals alike are also anticipated to drive the segment over the forecast period.

Automotive

Businesses, including Mazda and Honda, use synthetic leather for seat backs, head restraints, and side bolsters. Nissan’s armrests are covered in synthetic leather. The Hyundai Motor Company, Kia Motor Corporation, Jaguar Land Rover Limited, General Motors Company, Toyota Motor Corporation, and various other luxury car brands frequently use synthetic leather in their more affordable automobile models. The growth of the automotive segment is attributed to rising economic conditions and the need for a comfortable commute. With the appreciating market for passenger vehicles, the usage of synthetic leather for the automotive seat is bound to increase.

Clothing

Synthetic leather is used in various garments, including jackets, skirts, belts, lingerie, costumes, tops, and bottoms. The market for imitation leather clothes is rising as the vegan population grows worldwide, especially in affluent nations like the United States, Japan, Germany, Poland, the United Kingdom, Israel, Italy, Sweden, Spain, and Finland. With more consumers converting to vegan products, the market for synthetic leather clothing has enormous development potential in the upcoming years. However, the market for PVC leather clothes may be constrained by the material’s propensity for tearing quickly. Major retailers, including Zara, Matt & Nat, Wilby, and Beyond Skin, sell a variety of garments manufactured from synthetic leather.

Furnishing

One of the main industries using synthetic leather now is the furniture sector. Upholstery for massage chairs, dental chairs, boats, stools, bean bags, couches, and cushion coverings employs synthetic leather. It is employed for both interior and external decorating. The increased demand for synthetic leather in furnishing applications is mostly due to its affordability and the similarities between its qualities and those of genuine leather. Synthetic leather is offered based on color, texture, and fabric appearance to meet the various needs in furnishing applications.

Is Synthetic Leather an Ideal Environmental Choice?

Manufacturing synthetic and real leather use chemically intensive processes. Synthetic plastic-based fibers and leather degrade like other plastics and can also shed microplastics during use, not just after they are discarded. Therefore, it cannot be assumed that synthetic materials cause less environmental harm and have not used potentially damaging chemical processes.

However, synthetic leather made from bio-based materials has no harmful consequences. As a result, manufacturers focus more on synthetic leather from natural fibers like corn, palm, cotton, flax, soybean, and other plants. These fibers have robust and flexible fibers that are perfect for use in manufacturing various products with multiple applications. Several companies use new and innovative technologies to produce synthetic leather for various applications. For instance, BASF produces thermoplastic polyurethane (TPU) Elastollan, which is extruded onto the fabric directly with the help of non-solvent-based technology. Elastollan provides wear resistance to synthetic leather used in car seats.

All in All

Several products employ synthetic leather because of its adaptability. It is used for many different purposes, including diary covers, stationery, and sports equipment like various balls, gloves, and pads. It gives some special advantages, such as pricey leather at a lower price. Compared to real leather, the product is more low-maintenance, trendy, and durable. Manufacturers offer a variety of luxury items created from synthetic leather to satisfy the requests made by high-income groups. This is anticipated to produce profitable chances for the global synthetic leather market expansion in the upcoming years.

By Sukanya Mukherjee

FAQs:

Who are the leading players operating in the global synthetic leather market?

Kuraray Co Ltd, Alfatex Italia SRL, Achilles USA Inc, and BASF SE are some leading players operating in the global synthetic leather market.

Which country is leading the global synthetic leather market?

Vietnam is leading the global synthetic leather market.

[researchvishal]

Automotive Foams Market Latest Advancements And Business Opportunities up to 2032

Global Automotive Foams Market Size is projected to be worth US$ 42,300.0 million in 2022 and to increase at a CAGR of 11.2% to US$ 122,289.2 million from 2022 to 2032. The global automotive industry, which has been expanding and has in some places reached pre-recession economic levels, is expected to be the automotive foam market's main driver.

Key Takeaways:

With regard to automotive foams, Europe commands the largest automotive foam market share. The region is projected to grow at a rate of over 24.5%.

Automotive Foams are predicted to experience rapid automotive foam market growth in North America, where they are projected to account for 21.6% of global sales in 2022.

With lucrative growth prospects, Asia-Pacific is anticipated to grow and account for a sizeable 16.4% of the global automotive foams market by 2022.

The automotive foam market is anticipated to experience significant growth in the Middle East & Africa region, which is projected to account for 9.2% of global market share in 2022.

Automotive foams are specialized materials used in various components of a vehicle, such as seats, headliners, door panels, dashboard, and insulation. These foams are designed to provide a range of benefits, including comfort, noise reduction, vibration dampening, and impact resistance. There are different types of automotive foams used in the automotive industry

Polyurethane foam: This is the most commonly used foam in the automotive industry. It is lightweight, durable, and has excellent vibration dampening and insulation properties. Polyurethane foam is used in car seats, headrests, armrests, and door panels.

Start-up Ecosystem:

Numerous well-known market participants, including Sarva Foam Industries Pvt. Ltd., Alpha Foam Ltd., Goldcoin Foam Pvt. Ltd., IRE-TEX Premier India Pvt. Ltd., Premratan Concast Pvt Ltd., and Royal EPE Foam Private Limited, among others, are collaborating to deliver the best-in-class Acrylic BoxCleaes for enhancing the global scene. However, there are numerous international start-ups in the automotive foams market who are moving forward to meet the demands of the automotive foams domain.

Sarva Foam Industries Private Limited

Unlisted private company Sarva Foam Industries Private Limited was established on October 8, 2018. It is situated in Bhopal, Madhya Pradesh, and is categorised as a private limited company. EPE foams are the area of expertise for Sarva Foam.

IreTex Premier India Pvt. Ltd.

One of the top producers and exporters of EPE foam and air bubbles since its establishment in 2007, IreTex Premier India Pvt. Ltd. IreTex Premier is dedicated to offering a broad selection of EPE foams and air bubble products for packaging needs that are of the highest quality and offered at affordable prices.

The demand for cars is anticipated to increase as a result of rising disposable income and purchasing power parity in emerging economies from the Asia Pacific. This factor is anticipated to be positive for automotive foam market demand. The primary factors anticipated to accelerate the automotive foam market's growth are the rising OEM preference for foam products in commercial vehicle applications and the rising demand for foam in developing nations.

For more information: https://www.futuremarketinsights.com/reports/automotive-foams-market

On the other hand, the slowdown in the economy, proper disposal, and recycling practises are some of the main factors limiting growth in the automotive foam market and are anticipated to do so over the course of the forecast period.

Electric vehicles are anticipated to present significant growth opportunities in the region, which will cause the Europe region to experience automotive foam market growth over the course of the forecast period. Additionally, as a result of the UK's steady economic growth, the number of vehicles in use has grown over time.

Over the course of the forecast period, it is anticipated that the presence of significant auto manufacturers in the area, which are continually increasing their production capacity, will have an effect on regional product demand for automotive foam.

Within a short period of time, the Tesla Cybertruck has received more than 250,000 orders. By the end of 2021, it's anticipated that production of these trucks will begin. Over the forecast period, Europe is also anticipated to experience modest automotive foam market growth.

Competitive Landscape:

In the global automotive foams market, some of the major players include Bridgestone Corporation, Johnson Controls, Evonik Industries AG, BASF SE, Rogers Corporation, FoamPartner, ARMACELL LLC, Woodbridge, Lear Corporation, Toray Plastics (America), Inc., The Dow Chemical Company, Recticel, Fostek Corporation, Trocellen, and Zotefoams Plc.

The automotive foam market is extremely competitive, which can be attributed to the large number of participants. A number of regional level players are also active across key growth regions, particularly in Europe, even though global players with significant automotive foam market share include Bridgestone Corporation, Johnson Controls, Evonik Industries AG, BASF SE, and Rogers Corporation.

Key Segments Profiled in the Automotive Foams Industry Survey

Automotive Foams Market by Foam Type:

Polyurethane Automotive Foam

Polyolefin Automotive Foam

Other Automotive Foam Types

Automotive Foams Market by Application:

Automotive Foams for Seating

Automotive Foams for Door Panels & Water shields

Automotive Foams for Instrument Panels

Automotive Foams for Bumper System

Automotive Foams for Other Applications

Automotive Foams Market by End Use:

Automotive Foams for Passenger Vehicles

Automotive Foams for Light Commercial Vehicles (LCV)

Automotive Foams for Heavy Commercial Vehicles (HCV)

[imrmarketresearch20]

Automotive Armrest Market

Global Automotive Armrest Market was valued at USD 1.99 billion in 2021 and is expected to reach USD 2.07 billion by the year 2028, at a CAGR of 0.59%.

 An automotive armrest is a feature in vehicles where the occupants can rest their hands. The armrest is also used to keep essential things in them so as to easily access it while driving. The armrest features include a cup stand, storage and also comprises of some controlling functions of the vehicle. The armrests on the rear seats are foldable and can be used as a seat for a third person or as a hand rest. This feature is provided in some mid-range cars and all luxury vehicles. Almost every car comprises of an armrest on the door which can be used to rest your hands or hold the door when you open the door. Armrests are adjustable and fully foldable which provide comfort while driving regardless of the position of the seat or the height of the occupant.

Besides, armrest with features such as such as wireless charging, portability and soft materials such as leather, fabric, or vinyl enhances the aesthetics which are gaining more popularity among the consumers. The rising production and sales of vehicles are thus increasing the demand for armrest in the global market. Moreover, the increasing focus on the aesthetics of the cars and growing car rental market is expected to boost the growth of the automotive armrest market during the forecast period.

[marketresearchpp]

The automotive Armrest Market

The automotive Armrest Market is anticipated to reach USD 2062.78 Million by 2027, growing at a CAGR of more than 0.59% during the forecast period.

Market Insights

An automotive armrest is a feature in vehicles where the occupants can rest their hands. The armrest is also used to keep essential things in them so as to easily access it while driving. The armrest features include a cup stand, storage and also comprises of some controlling functions of the vehicle. The armrests on the rear seats are foldable and can be used as a seat for a third person or as a hand rest. This feature is provided in some mid-range cars and all luxury vehicles. Almost every car comprises of an armrest on the door which can be used to rest your hands or hold the door when you open the door. Armrests are adjustable and fully foldable which provide comfort while driving regardless of the position of the seat or the height of the occupant.

Besides, armrest with features such as such as wireless charging, portability and soft materials such as leather, fabric, or vinyl enhances the aesthetics which are gaining more popularity among the consumers. The rising production and sales of vehicles are thus increasing the demand for armrest in the global market. Moreover, the increasing focus on the aesthetics of the cars and growing car rental market is expected to boost the growth of the automotive armrest market during the forecast period.

Top Impacting Factors

Increase in the production & sales of vehicles, rise in the demand for rental cars, demand for aftermarket, and surge in inclination for car aesthetics drive the automotive armrest market.

However, unavailability of pre-installed armrest, and lack of interior space hinder the growth of the automotive armrest market.

On the contrary, improvement in the quality & comfort, and rise in E-commerce preference for armrest market provide growth opportunities for the automotive armrest market.

[eclectictheoristkitten]

(via Automotive Armrest Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027 – The Host)