From GlobeNewswire: 2024-11-14 08:28:00

The Global One-Component Polyurethane Foam Market is experiencing significant growth, driven by the booming residential construction sector. The market is expected to reach $6.15 billion by 2031, with a CAGR of 6.4%. Key industries driving demand include automotive and packaging, with Asia Pacific leading in revenue share.

Notable players in the market include Henkel, Sika, Dow Chemical, BASF, and Huntsman. Trends such as Low-GWP Formulations, HVAC System Insulation, and VOC Reduction Initiatives are gaining traction. The market is evolving with new product technologies and geographical expansions, especially in APAC.

Innovations in formulation and application techniques are enhancing polyurethane foam’s performance, making it versatile and efficient. The market faces challenges like fluctuating raw material costs and regulatory pressures. Companies are investing in R&D for low-emission, eco-friendly foam products to align with stricter environmental standards and cater to green construction trends.

For more detailed insights and market analysis on One-Component Polyurethane Foam, visit The Insight Partners website. The market is poised for continuous growth, driven by increasing demand for sustainable building solutions and innovations in foam technology across various industries.



Read more at GlobeNewswire: One-Component Polyurethane foam Market Size to Surpass USD