Global Automotive Foam
Market Report
2024
The global automotive foam market size is USD 36.78 billion in 2024. The automotive foam market will show the strongest growth with a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031. This growth can be attributed to the rising sales of vehicles.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global automotive foam market size is USD 36.78 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive Foam Market Sales Revenue 2024 | $ 36.78 Billion |
Global Automotive Foam Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.5% |
Market Drivers:
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Market Restrains:
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Market Split by Type |
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Market Split by Application |
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Market Split by End-Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Automotive Foam industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Foam Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Automotive foam is a term used to describe a variety of foam materials that are utilized in different parts and applications of cars to improve performance, safety, and comfort. These foams are designed to fulfil certain needs, including structural integrity, noise reduction, insulation, and cushioning. Automotive foam, which provides a blend of comfort, safety, and performance advantages, is essential to contemporary car design. Because of its adaptability and variety of uses, it is a vital component in the automotive sector, meeting the changing demands of both producers and customers. The market growth is primarily driven by the increasing production of vehicles and rising product innovation drives the market growth.
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In May 2022, King Long United Automobile (SuZhou) Co., Ltd., a prominent bus manufacturer in China, worked with BASF SE to create Elastoflex CE 3651/108, a water-blown polyurethane insulating spray foam.
Top Companies Market Share in Automotive Foam Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the automotive foam market due to an increase in several factors, including technological advancement, demand for lightweight foam material, increasing product launches and the presence of major manufacturers.
Asia-Pacific stands out as the fastest-growing region in the automotive foam market due to the rising automotive production. Moreover, the increasing aftermarket sales and the rising demand for comfort among the population and rising disposable income are expected to propel the market expansion in the region.
The current report Scope analyzes Automotive Foam Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Automotive Foam Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Foam Industry growth. Automotive Foam market has been segmented with the help of its Type, Application End-Use, and others. Automotive Foam market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, Polyurethane (PU) Foam is the dominant category. The segment's revenue increase is mostly due to factors such as rising vehicle production, the demand for efficient and lightweight materials, and developments in foam technology. The need for PU foam in a variety of applications is predicted to increase as the automotive industry develops with an emphasis on comfort, safety, and sustainability. This will present substantial potential for suppliers and manufacturers operating in this market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Foam Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Automotive Foam Market.
Some of the key Application of Automotive Foam are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Automotive Foam market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
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I am a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis, I thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making. My analytical mindset, coupled with effective communication skills, allows me to bridge the gap between data analysis and practical business applications.
I served as a key player in market research and competitive analysis. I have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. Collaborating across departments, I played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives. I am committed to ongoing professional development, participating in industry conferences, workshops, and pursuing additional certifications to stay at the forefront of research methodologies.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Foam Market is witnessing significant growth in the near future.
In 2023, the Polyolefin (PO) Foam segment accounted for noticeable share of global Automotive Foam Market and is projected to experience significant growth in the near future.
The Interior segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Dow , Borealis AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Polyolefin (PO) Foam, Polyurethane (PU) Foam, Others |
Application | Interior, Exterior |
End-Use | Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV) |
List of Competitors | Dow, BASF SE, Borealis AG, Armacell, DuPont, Recticel NV, Woodbridge, Johnson Controls, Bridgestone Corporation, Saint Gobain |
This chapter will help you gain GLOBAL Market Analysis of Automotive Foam. Further deep in this chapter, you will be able to review Global Automotive Foam Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Automotive Foam Market Trends North America Automotive Foam Technological Road Map North America Automotive Foam Market Drivers North America Automotive Foam Market Restraints North America Automotive Foam Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Foam market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Polyolefin (PO) Foam have a significant impact on Automotive Foam market? |
What are the key factors affecting the Polyolefin (PO) Foam and Polyurethane (PU) Foam of Automotive Foam Market? |
What is the CAGR/Growth Rate of Interior during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Foam Market? |
Which region is expected to dominate the global Automotive Foam Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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