The global automotive foams market was valued at $27.4 billion in 2018. Foam in automotive sector is gaining huge momentum since it performs several functions such as controlling noise harshness and vibration. Moreover, foams are used for reducing the level of wind noise in areas where the flow of air becomes robust. Furthermore, foams are used at places where unwanted road noises are created from vibration of panels and parts.
Foams also help the automotive domain to protect the part of vehicles from the ruggedness of environment and roadways. The foams are used to keep the roadway chemicals and water away from entering to avoided areas and also prevent metal from shattering at a premature stage such as areas of door hinge. Besides foams are reusable and can be repaired as per the requirement of the manufacturers as a result to which foams are gaining rampant popularity from across the globe and thereby strengthening the growth of global automotive foams market at rapid pace.
Swelling manufacturing activities undertaken in automotive domain and prospective growth of this industry is the key factor driving the growth of the global automotive foams market. The automotive domain is growing at an expansive rate and global sales of car are growing exponentially every year. According to a report, in order to satisfy the ever-increasing needs of their customers there are several original equipment manufacturers (OEM) that are shifting to Silicone valley in order to exploit latest technologies in automotive sector.
Furthermore, ever increasing population globally, increasing disposable income and increasing demand for vehicles are enabling the automobile manufacturers and designers to develop seating that can be disassembled, assemble and recycled with ease. Additionally, foams are further utilised by the automobile manufacturers to retain the firmness and performance specifications without adding weight to components. Thus the increasing acceptance of foams is thereby escalating the growth of global automotive foams market considerably. However, volatile prices of raw material are the key factor hindering the growth of global automotive foams market.
Automotive foams market forecast 2019 – 2029 estimates the historical market size in terms of consumption as well as revenue generated by the industry players across the globe. It offers the opportunity analysis along the value chain for the automotive foams manufacturers. Also, the report offers the vendor analysis along with price trend which provides an edge to the stakeholders especially manufacturers to create a better understanding of the market. Automotive industry players benefit from the product benchmarking and matrix helping them to take right decision in choosing the right product with optimum prices suited for their end use applications.
The reports provide the analysis based on product, application, and end user segment. On the basis of product, the global automotive foams market is categorized into polyolefin (PO) foam, polyurethane (PU) foam, and others. Among these segments, polyurethane category holds the largest share in the global market in 2018 due to expansion in demand for cars globally. The advantages for utilising polyurethane are prolonged and automobile manufacturers are extensively employing these products. Lightweight, durability, recyclability, versatility for design and noise reduction are few benefits offered by polyurethane to the automobile manufacturers that is further fuelling the growth of the category in the global automotive foams market.
On the basis of application, the global automotive foams market is segmented into door panels, seating, bumper system, and others. Of all, automotive foams market finds its largest application in seating category in terms of revenue. The foams used in seats of cars makes it more comfortable to sit and travel long journeys, thus fuelling the demand of automotive foams for seating application. Additionally, increasing disposable income along with increasing standard of living is thereby enhancing the demand for luxury cars which further enable manufacturers to develop seats that are more comfortable and cosier which thereby propel the global demand for foams and strengthen the growth of the global automotive foams market.
Based on end user, the global automotive foams market is classified into LCV, cars, and HCV. Among all these segments, the cars category holds the largest share in the global market in 2018 owing to the increasing demand for cars worldwide. The ever-increasing population along with increasing disposable income and increasing number of working populations in Asia-Pacific is thereby enhancing the demand for global automotive foams market. Moreover, increasing concerns pertaining to the environment, technological upgradation and extensive demand observed for low emission vehicles is thereby contributing towards the growth of the global automotive foams market.
Moreover, LCV is anticipated to witness fastest growth during the forecast period since LCV are produced with lower operating cost, used for intra-city, developed ruggedly and provide effective fuel-efficient engines to the vehicles. Moreover, increasing demand for minibuses, delivery vans and pickup trucks are thereby escalating the growth of the global automotive foams market.
The automotive foams market in North America is anticipated to generate largest revenue throughout the estimated period. The region is considered to be major foam based manufacturer that are implementing UFP technology which have wide access to large variety of foams. Furthermore, increasing demand for vintage cars in this region is thereby escalating the demand for developing comfortable seating developed using foams which is further driving the growth of automotive foams market in this region.
Moreover, automotive foams market in Asia-Pacific is anticipated to witness fastest growth during the forecast period. The growth of this market in this region is attributed towards extensive demand for vehicles, large number of population and increasing disposable income of the citizens. Additionally, increased regulations implemented by government authorities in countries such as India and China pertaining to manufacturing of fuel-efficient cars that is further aggravating the research & development activities in this region further accentuating the growth of automotive foams market in this region.
The report also offers the insights for the European, Latin American, and Middle East and African Market. A detail analysis of historic and forecast consumption data, revenue in the market and competitive analysis for major competitors in each region is also provided.
The global automotive foams market is witnessing fragmented market structure and extensively undertaking research & development activities in order to expand their product offerings and gain significant market share. Some of the eminent players having prominent presence in the global automotive foams market include Bridgestone Corporation, Armacell International S.A., The Dow Chemical Company, Recticel NV, Fritz Nauer AG, Saint-Gobain, Borealis AG, The Woodbridge Group, BASF SE, and Rogers Corporation.
Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6
Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com
1. Research Overview
1.1. Objective
1.2. Global Automotive Foams Market Overview
1.3. Market Segmentation
1.3.1. By Product
1.3.2. By Application
1.3.3. By End User
1.4. Benefits to Stakeholders
1.5. Key Questions Answered by the Report
1.6. Frequently Asked Questions
2. Research Methodology
2.1.1. Secondary Research
2.1.1.1. Key secondary research sources
2.1.2. Primary Research
2.1.2.1. Split of primary research respondents
2.1.2.1.1. By industry participant
2.1.2.1.2. By region
2.1.2.1.3. By company type
2.1.3. Market Estimation and Forecast Methodology
2.1.4. Data Exploration and Validation
2.1.5. Limitations and Assumptions for the Study
3. Introduction to the Automotive Foams Market
3.1. Market Definition
3.2. By Product
3.2.1. Polyolefin (PO) Foam
3.2.2. Polyurethane (PU) Foam
3.2.3. Others
3.3. By Application
3.3.1. Door Panels
3.3.2. Seating
3.3.3. Bumper System
3.3.4. Others
3.4. By End User
3.4.1. LCV
3.4.2. Cars
3.4.3. HCV
4. Automotive Foams Market Analysis
4.1. Industry Outlook
4.2. Value Chain Analysis
4.3. Technology Overview
4.4. Regulatory Framework
4.5. PESTEL Analysis
4.6. Opportunity Analysis
4.7. Supply Chain Analysis
4.8. Porter’s Five Forces Analysis
4.9. Market Dynamics
4.9.1. Drivers
4.9.1.1. Unique properties of foams
4.9.1.2. Increasing population
4.9.1.3. Increasing manufacturing activities in automotive sector
4.9.1.4. Increasing disposable income
4.9.2. Restraints
4.9.2.1. Volatile raw material prices
4.9.3. Trends
4.9.3.1. Technology advancement and product innovation
4.9.4. Opportunities
4.9.4.1. Renewable feedstock for manufacturing green PU foams
4.10. SWOT Analysis of the Automotive Foams Market
4.10.1. Strength
4.10.2. Weakness
4.10.3. Opportunity
4.10.4. Threat
5. Automotive Foams: Global Market
5.1. Global Automotive Foams Market Forecast 2019 – 2029
5.2. Global Automotive Foams Market Forecast, by Product, 2019 – 2029
5.3. Global Automotive Foams Market Forecast, by Application, 2019 – 2029
5.4. Global Automotive Foams Market Forecast, by End User, 2019 – 2029
5.5. Global Automotive Foams Market Forecast, by Region, 2019 – 2029
5.5.1. Asia-Pacific
5.5.2. Europe
5.5.3. North America
5.5.4. Latin America
5.5.5. Middle East & Africa
6. Automotive Foams: Asia-Pacific Market
6.1. China Automotive Foams Market
6.1.1. China Automotive Foams Market, by Product Forecast, 2019 – 2029
6.1.2. China Automotive Foams Market, by Application Forecast, 2019 – 2029
6.1.3. China Automotive Foams Market, by End User Forecast, 2019 – 2029
6.2. Japan Automotive Foams Market
6.2.1. Japan Automotive Foams Market, by Product Forecast, 2019 – 2029
6.2.2. Japan Automotive Foams Market, by Application Forecast, 2019 – 2029
6.2.3. Japan Automotive Foams Market, by End User Forecast, 2019 – 2029
6.3. India Automotive Foams Market
6.3.1. India Automotive Foams Market, by Product Forecast, 2019 – 2029
6.3.2. India Automotive Foams Market, by Application Forecast, 2019 – 2029
6.3.3. India Automotive Foams Market, by End User Forecast, 2019 – 2029
6.4. Australia Automotive Foams Market
6.4.1. Australia Automotive Foams Market, by Product Forecast, 2019 – 2029
6.4.2. Australia Automotive Foams Market, by Application Forecast, 2019 – 2029
6.4.3. Australia Automotive Foams Market, by End User Forecast, 2019 – 2029
6.5. South Korea Automotive Foams Market
6.5.1. South Korea Automotive Foams Market, by Product Forecast, 2019 – 2029
6.5.2. South Korea Automotive Foams Market, by Application Forecast, 2019 – 2029
6.5.3. South Korea Automotive Foams Market, by End User Forecast, 2019 – 2029
6.6. Taiwan Automotive Foams Market
6.6.1. Taiwan Automotive Foams Market, by Product Forecast, 2019 – 2029
6.6.2. Taiwan Automotive Foams Market, by Application Forecast, 2019 – 2029
6.6.3. Taiwan Automotive Foams Market, by End User Forecast, 2019 – 2029
6.7. Rest of Asia-Pacific Automotive Foams Market
6.7.1. Rest of Asia-Pacific Automotive Foams Market, by Product Forecast, 2019 – 2029
6.7.2. Rest of Asia-Pacific Automotive Foams Market, by Application Forecast, 2019 – 2029
6.7.3. Rest of Asia-Pacific Automotive Foams Market, by End User Forecast, 2019 – 2029
7. Automotive Foams: European Market
7.1. Germany Automotive Foams Market
7.1.1. Germany Automotive Foams Market, by Product Forecast, 2019 – 2029
7.1.2. Germany Automotive Foams Market, by Application Forecast, 2019 – 2029
7.1.3. Germany Automotive Foams Market, by End User Forecast, 2019 – 2029
7.2. U.K. Automotive Foams Market
7.2.1. U.K. Automotive Foams Market, by Product Forecast, 2019 – 2029
7.2.2. U.K. Automotive Foams Market, by Application Forecast, 2019 – 2029
7.2.3. U.K. Automotive Foams Market, by End User Forecast, 2019 – 2029
7.3. France Automotive Foams Market
7.3.1. France Automotive Foams Market, by Product Forecast, 2019 – 2029
7.3.2. France Automotive Foams Market, by Application Forecast, 2019 – 2029
7.3.3. France Automotive Foams Market, by End User Forecast, 2019 – 2029
7.4. Spain Automotive Foams Market
7.4.1. Spain Automotive Foams Market, by Product Forecast, 2019 – 2029
7.4.2. Spain Automotive Foams Market, by Application Forecast, 2019 – 2029
7.4.3. Spain Automotive Foams Market, by End User Forecast, 2019 – 2029
7.5. Italy Automotive Foams Market
7.5.1. Italy Automotive Foams Market, by Product Forecast, 2019 – 2029
7.5.2. Italy Automotive Foams Market, by Application Forecast, 2019 – 2029
7.5.3. Italy Automotive Foams Market, by End User Forecast, 2019 – 2029
7.6. Russia Automotive Foams Market
7.6.1. Russia Automotive Foams Market, by Product Forecast, 2019 – 2029
7.6.2. Russia Automotive Foams Market, by Application Forecast, 2019 – 2029
7.6.3. Russia Automotive Foams Market, by End User Forecast, 2019 – 2029
7.7. Rest of Europe Automotive Foams Market
7.7.1. Rest of Europe Automotive Foams Market, by Product Forecast, 2019 – 2029
7.7.2. Rest of Europe Automotive Foams Market, by Application Forecast, 2019 – 2029
7.7.3. Rest of Europe Automotive Foams Market, by End User Forecast, 2019 – 2029
8. Automotive Foams: North American Market
8.1. U.S. Automotive Foams Market
8.1.1. U.S. Automotive Foams Market, by Product Forecast, 2019 – 2029
8.1.2. U.S. Automotive Foams Market, by Application Forecast, 2019 – 2029
8.1.3. U.S. Automotive Foams Market, by End User Forecast, 2019 – 2029
8.2. Canada Automotive Foams Market
8.2.1. Canada Automotive Foams Market, by Product Forecast, 2019 – 2029
8.2.2. Canada Automotive Foams Market, by Application Forecast, 2019 – 2029
8.2.3. Canada Automotive Foams Market, by End User Forecast, 2019 – 2029
9. Automotive Foams: Latin American Market
9.1. Brazil Automotive Foams Market
9.1.1. Brazil Automotive Foams Market, by Product Forecast, 2019 – 2029
9.1.2. Brazil Automotive Foams Market, by Application Forecast, 2019 – 2029
9.1.3. Brazil Automotive Foams Market, by End User Forecast, 2019 – 2029
9.2. Mexico Automotive Foams Market
9.2.1. Mexico Automotive Foams Market, by Product Forecast, 2019 – 2029
9.2.2. Mexico Automotive Foams Market, by Application Forecast, 2019 – 2029
9.2.3. Mexico Automotive Foams Market, by End User Forecast, 2019 – 2029
9.3. Argentina Automotive Foams Market
9.3.1. Argentina Automotive Foams Market, by Product Forecast, 2019 – 2029
9.3.2. Argentina Automotive Foams Market, by Application Forecast, 2019 – 2029
9.3.3. Argentina Automotive Foams Market, by End User Forecast, 2019 – 2029
9.4. Chile Automotive Foams Market
9.4.1. Chile Automotive Foams Market, by Product Forecast, 2019 – 2029
9.4.2. Chile Automotive Foams Market, by Application Forecast, 2019 – 2029
9.4.3. Chile Automotive Foams Market, by End User Forecast, 2019 – 2029
9.5. Colombia Automotive Foams Market
9.5.1. Colombia Automotive Foams Market, by Product Forecast, 2019 – 2029
9.5.2. Colombia Automotive Foams Market, by Application Forecast, 2019 – 2029
9.5.3. Colombia Automotive Foams Market, by End User Forecast, 2019 – 2029
9.6. Rest of Latin American Automotive Foams Market
9.6.1. Rest of Latin American Automotive Foams Market, by Product Forecast, 2019 – 2029
9.6.2. Rest of Latin American Automotive Foams Market, by Application Forecast, 2019 – 2029
9.6.3. Rest of Latin American Automotive Foams Market, by End User Forecast, 2019 – 2029
10. Automotive Foams: MEA Market
10.1. Saudi Arabia Automotive Foams Market
10.1.1. Saudi Arabia Automotive Foams Market, by Product Forecast, 2019 – 2029
10.1.2. Saudi Arabia Automotive Foams Market, by Application Forecast, 2019 – 2029
10.1.3. Saudi Arabia Automotive Foams Market, by End User Forecast, 2019 – 2029
10.2. South Africa Automotive Foams Market
10.2.1. South Africa Automotive Foams Market, by Product Forecast, 2019 – 2029
10.2.2. South Africa Automotive Foams Market, by Application Forecast, 2019 – 2029
10.2.3. South Africa Automotive Foams Market, by End User Forecast, 2019 – 2029
10.3. U.A.E. Automotive Foams Market
10.3.1. U.A.E. Automotive Foams Market, by Product Forecast, 2019 – 2029
10.3.2. U.A.E. Automotive Foams Market, by Application Forecast, 2019 – 2029
10.3.3. U.A.E. Automotive Foams Market, by End User Forecast, 2019 – 2029
10.4. Rest of MEA Automotive Foams Market
10.4.1. Rest of MEA Automotive Foams Market, by Product Forecast, 2019 – 2029
10.4.2. Rest of MEA Automotive Foams Market, by Application Forecast, 2019 – 2029
10.4.3. Rest of MEA Automotive Foams Market, by End User Forecast, 2019 – 2029
11. Competition in Automotive Foams Market
11.1. Production Capacity of Major Players
11.2. Price Trend Analysis
11.3. Raw Material Price Analysis
11.4. Company Share Analysis
11.5. Product and Competitive Benchmarking
11.6. Strategic Development Analysis of Major Players
11.6.1. Partnerships/Collaborations/Agreements
11.6.2. Mergers & Acquisitions
11.6.3. New Product Launches
11.6.4. Other Developments
12. Leading Companies
12.1. Bridgestone Corporation
12.1.1. Company Overview
12.1.2. Product & Services Offerings
12.1.3. Financial Overview
12.1.4. Recent Developments
12.2. Armacell International S.A.
12.2.1. Company Overview
12.2.2. Product & Services Offerings
12.2.3. Financial Overview
12.2.4. Recent Developments
12.3. The Dow Chemical Company
12.3.1. Company Overview
12.3.2. Product & Services Offerings
12.3.3. Financial Overview
12.3.4. Recent Developments
12.4. Recticel NV
12.4.1. Company Overview
12.4.2. Product & Services Offerings
12.4.3. Financial Overview
12.4.4. Recent Developments
12.5. Fritz Nauer AG
12.5.1. Company Overview
12.5.2. Product & Services Offerings
12.5.3. Financial Overview
12.5.4. Recent Developments
12.6. Saint-Gobain
12.6.1. Company Overview
12.6.2. Product & Services Offerings
12.6.3. Financial Overview
12.6.4. Recent Developments
12.7. Borealis AG
12.7.1. Company Overview
12.7.2. Product & Services Offerings
12.7.3. Financial Overview
12.7.4. Recent Developments
12.8. The Woodbridge Group
12.8.1. Company Overview
12.8.2. Product & Services Offerings
12.8.3. Financial Overview
12.8.4. Recent Developments
12.9. BASF SE
12.9.1. Company Overview
12.9.2. Product & Services Offerings
12.9.3. Financial Overview
12.9.4. Recent Developments
12.10. Rogers Corporation
12.10.1. Company Overview
12.10.2. Product & Services Offerings
12.10.3. Financial Overview
12.10.4. Recent Developments
13. Conclusion and Recommendation
13.1. Market Outlook
13.2. Recommendation
14. Glossary
Visiongain Chemicals
Visiongain Chemicals
Visiongain Chemicals
