Global Engineered Foam Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Flexible Foam, Rigid Foam, and Spray Foam.

By Material Type;

Polyurethane, Polystyrene, Polyvinyl Chloride, Polyolefin, and Others.

By End-user Industry;

Building and Construction, Packaging, Furniture and Interiors, Automotive and Transportation, Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn227368871 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Engineered Foam Market (USD Million), 2021 - 2031

In the year 2024, the Global Engineered Foam Market was valued at USD 102,193.28 million. The size of this market is expected to increase to USD 169,543.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.5%.

The global engineered foam market is a dynamic and rapidly evolving sector, playing a pivotal role in various industries due to its versatility, lightweight properties, and superior insulation capabilities. Engineered foams, which include materials such as polyurethane, polyethylene, and polystyrene, are used extensively in applications ranging from automotive and construction to packaging and electronics. The demand for these materials is driven by their ability to provide effective thermal insulation, cushioning, and noise reduction, which are critical in enhancing product performance and energy efficiency.

In recent years, advancements in manufacturing technologies and the development of innovative foam formulations have significantly expanded the application scope of engineered foams. The automotive industry, in particular, has witnessed substantial growth in the use of these materials for seat cushioning, headliners, and other interior components, contributing to vehicle weight reduction and improved fuel efficiency. Similarly, the construction sector leverages engineered foams for insulation panels, roofing, and flooring systems, driven by the growing emphasis on energy-efficient buildings and sustainable construction practices.

The global engineered foam market is also benefiting from the increasing focus on sustainability and environmental regulations. Manufacturers are investing in research and development to create eco-friendly foams that are recyclable and have a lower environmental impact. Additionally, the rise in consumer awareness regarding the benefits of lightweight and energy-efficient materials is propelling market growth. With ongoing innovations and a broadening range of applications, the engineered foam market is poised for continued expansion, meeting the evolving needs of various industries while addressing environmental concerns.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Material Type
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Engineered Foam Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing construction industry
        2. Automotive lightweighting
        3. Rising demand for packaging
        4. Advancements in technology
      2. Restraints
        1. Volatile raw material prices
        2. Environmental regulations
        3. Limited recycling options
        4. High production costs
      3. Opportunities
        1. Sustainable foam solutions
        2. Innovations in material science
        3. Expanding applications in electronics and healthcare
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Engineered Foam Market, By Form, 2021 - 2031 (USD Million)
      1. Flexible Foam
      2. Rigid Foam
      3. Spray Foam
    2. Global Engineered Foam Market, By Material Type, 2021 - 2031 (USD Million)
      1. Polyurethane
      2. Polystyrene
      3. Polyvinyl Chloride
      4. Polyolefin
      5. Others
    3. Global Engineered Foam Market, By End Use, 2021 - 2031 (USD Million)
      1. Building and Construction
      2. Packaging
      3. Furniture and Interiors
      4. Automotive and Transportation
      5. Other
    4. Global Engineered Foam Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. The DOW Chemical Company
      3. Bayer AG
      4. Sekisui Chemical Co., Ltd.
      5. Huntsman Corporation
      6. Trelleborg AB
      7. Inoac Corporation
      8. Recticel NV/Sa
      9. Vita (Lux Iii) S.A.R.L
      10. Armacell GmbH
      11. Foamcraft, Inc.
      12. Foampartner Group
  7. Analyst Views
  8. Future Outlook of the Market