Urethane Foam Manufacturing in the US - Industry Market Research Report

Urethane Foam Manufacturing in the US - Industry Market Research Report

  • September 2020 •
  • 55 pages •
  • Report ID: 499359 •
  • Format: PDF
No vibrations: The value of construction is forecast to grow, boosting sales of urethane products

Abstract

Urethane Foam Manufacturing in the US
Over the five years to 2019, the Urethane Foam Manufacturing industry has experienced healthy growth, as favorable economic conditions have driven rising demand for industry products. The construction and furniture manufacturing markets, in particular, have expanded greatly over the past five years, driving sales of flexible and rigid urethane foam products. This industry experiences a low level of import competition. Much of downstream demand is satisfied by domestic operators, who are better equipped to produce specialized, high value-added products needed by these markets. As demand for specialized products increased during the period, coupled with increased revenue, new players were enticed to enter the industry. Over the five years to 2024, industry revenue is anticipated to continue growing, albeit at a slower pace. As with the previous five-year period, growth will be strongly tied to the overall health of the economy and, subsequently, the level of demand from various downstream industries. Over the next five years, the value of construction is forecast to continue growing, boosting sales of urethane products used in insulation and buoying industry revenue.

This industry manufactures plastic foam products (except polystyrene). These products are used to insulate objects or reduce shock in bedding, packaging, seat cushioning, carpet cushioning, car interiors, fluid filtration systems, antinoise and vibration systems in aircraft, medical devices and several consumer applications, such as sponges, mops, paint brushes and cosmetic applicators.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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