Consumer foam market is anticipated to grow at a CAGR of 4.6% during the forecast period. The growing adoption of consumer foam across end-user industries such as bedding and furniture, electronics, automotive, and packaging, in emerging economies such as India, China, and others is a key factor driving the growth of the global consumer foam market. In July 2022, NCFI Polyurethanes announced to showcase their CoolRest line of performance bedding foams. The CoolRest Hybrid combines the properties of memory and high resilience foams, providing pressure relief without sinking. It can be used as either a comfort layer or a transition layer. CoolRest Breeze is a super soft, high airflow foam designed to provide pressure relief and maximum cooling properties. It can be used as either a comfort layer or a transition layer. Finally, CoolRest Bounce is latex-like polyurethane with super high resiliency- in excess of 65.0%. This foam is ideally suited for a transition or support layer where the goal is to keep the sleeper on top of the comfort layer. All three foams are CertiPUR-US certified. Such market developments are anticipated to drive the global consumer foam market.
Get Sample Copy of this Report at
https://www.omrglobal.com/request-sample/consumer-foam-market
By Type (Rigid Foam and Flexible Foam),
By End-User Industry (Bedding and Furniture, Automotive, Electronics, Footwear, Packaging, and Others),
Impact of COVID-19 Pandemic on the Global Consumer Foam Market
COVID-19 pandemic has negatively impacted the consumer foam market as the lockdown stopped many operations. There was a certain pause in manufacturing activities, causing interference in the production of raw materials across the globe due to the COVID- 19 pandemic, which negatively affected the market. The cancellation or delay of purchase deals lead to a decrease in demand for consumer foam thus affected the market demand. In the European region, weak demand for consumer foams from the automotive sector is a key factor for the declining demand for the consumer foam market in Europe.
full report of available
https://www.omrglobal.com/industry-reports/consumer-foam-market
Market Players Outlook
The major companies serving the global consumer foam market include Covestro AG, BASF SE, and Huntsman Corp. among others. The companies are focusing on product innovation, mergers and acquisitions, and finding a new market or innovation in their core competency to expand individual market share. For instance, in December 2021, Covestro AG planned to increase production capacity by establishing new plants for thermoplastic polyurethanes in the Shanghai site. The plant is due to be completed in 2023.
The Report Covers
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global consumer foam market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization
https://www.omrglobal.com/report-customization/consumer-foam-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 780-304-0404