North America Molded Foam Market Forecast to 2030

North America Molded Foam Market Forecast to 2030

North America Molded Foam Market Forecast to 2030 – Regional Analysis – by Type (Closed Cell Foam, High Resilience Foam, Integral Skins Foam, Memory Foam, and Others), Form (Rigid Foam and Flexible Foam), Material (Expanded Polystyrene, Polyurethane Foam, Expanded Polyethylene, Expanded Polypropylene, and Others), and Application (Seating and Furniture, Automotive Interior, Bedding and Mattresses, Footwear, and Others)

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Description

The North America molded foam market was valued at US$ 3,717.29 million in 2022 and is expected to reach US$ 5,998.58 million by 2030; it is estimated to grow at a CAGR of 6.2% from 2022 to 2030.

Robust Growth of Automotive Industry Fuels the North America Molded Foam Market

The automotive industry is growing in various countries across the world due to factors such as transition toward electric vehicles, economic growth, increasing population, government support for automotive production, and rising investments in the industry. According to the International Organization of Motor Vehicle Manufacturers, the global sales of passenger cars increased from 53.92 million in 2020 to 57.49 million in 2022. In the automotive industry, molded foams are used to create automotive interior components. They provide many advantages from the perspective of companies specializing in automotive part and vehicle production. Molded foams are used to make products with complex designs as they can take various shapes. Therefore, the strong growth of the automotive industry in various countries across the world is driving the demand for molded foams.

North America Molded Foam Market Overview

The North America molded foam market is segmented into the US, Canada, and Mexico. The North America molded foam market growth in the region is driven by the increasing demand for molded foam products in various industries such as automotive, packaging, furniture, and construction. The automotive industry is one of the major end-users of molded foam products in North America. The use of molded foam in automotive seats, headrests, armrests, and other interior parts provides comfort and durability to the passengers. In addition, the rising demand for lightweight materials in the automotive industry is also driving the growth of the North America molded foam market in North America. The packaging industry is another major end-user of molded foam products in North America. The use of molded foam in packaging products, such as protective packaging, insulation packaging, and food packaging, provides excellent cushioning and protection to the products. Moreover, the increasing demand for eco-friendly packaging materials is also driving the growth of the molded foam market in North America. The furniture industry is also a significant end-user of molded foam products in North America. The use of molded foam in furniture cushions, mattresses, and pillows provides excellent comfort and support to the users. Further, the increased demand for customized furniture also drives the demand for molded foam in the region.

North America Molded Foam Market Revenue and Forecast to 2030 (US$ Million)

North America Molded Foam Market Segmentation

The North America molded foam market is segmented into type, form, material, application, and country.

Based on type, the North America molded foam market is segmented into closed cell foam, high resilience foam, integral skins foam, memory foam, and others. The closed cell foam market segment held the largest share in 2022.

In terms of form, the North America molded foam market is categorized into rigid foam and flexible foam. The flexible foam segment held a larger share in 2022.

Based on material, the North America molded foam market is divided into expanded polystyrene, polyurethane foam, expanded polyethylene, expanded polypropylene, and others. The polyurethane foam segment held the largest share in 2022.

By application, the North America molded foam market is segmented into seating and furniture, automotive interior, bedding and mattresses, footwear, and others. The bedding and mattresses segment held the largest share in 2022.

Based on country, the North America molded foam market is segmented the US, Canada, and Mexico. The US dominated the North America molded foam market in 2022.

Carpenter Co, Intex Technologies LLC, Pomona Quality Foam LLC, Sinomax Group Ltd, and Woodbridge Foam Corp are some of the leading companies operating in the North America molded foam market.

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At 6.2% CAGR, the North America Molded Foam Market is Speculated to be Worth US$ 5,998.58 million by 2030, says the Research Team

According to the Research Team’ research, the North America molded foam market was valued at US$ 3,717.29 million in 2022 and is expected to reach US$ 5,998.58 million by 2030, registering a CAGR of 6.2% from 2022 to 2030. Focus on developing sustainable solutions and increasing demand for furniture products are among the critical factors attributed to the North America molded foam market expansion.

Players operating in the North America molded foam market focus on creating sustainable solutions to reduce their environmental impacts. In April 2022, Woodbridge, a Canadian polyurethane foam manufacturer, developed a CO2-neutral car seat foam. The company claims that the new product, TrimVisibl BIO, reportedly reduces the carbon dioxide footprint of seat foam from cradle to door without compromising material properties, performance, and comfort. According to the news released in May 2021, Kaneka Corporation has been developing a technology for turning KANEKA Biodegradable Polymer Green Planet into a molded foam material. KANEKA Biodegradable Polymer Green Planet is a 100% plant-derived biodegradable polymer made by integrating fermentation and macromolecule technologies. Also, the product has excellent biodegradability in a wide range of environments. Further, in 2021, INOAC CORPORATION announced a successful domestic development of plant-based polyurethane foam with a biomass of 50% or higher, named ECOLOCEL BEH. The company stated that the newly developed product will reduce CO2 emissions and has less reliance on fossil resources. Also, it has a wide range of applications in mattresses, pillows, clothing pads, etc. Thus, the rising focus of manufacturers on developing sustainable solutions is expected to boost the North America molded foam market growth during the forecast period.

On the contrary, harmful impact of raw materials on environment hamper the growth North America molded foam market.

Based on type, the North America molded foam market is segmented into closed cell foam, high resilience foam, integral skins foam, memory foam, and others. The closed cell foam segment held 34.5% share of the North America molded foam market in 2022, amassing US$ 1,283.87 million. It is projected to garner US$ 2,198.68 million by 2030 to expand at 7.0% CAGR during 2022-2030.

By form, the North America molded foam market is categorized into rigid foam and flexible foam. The flexible foam segment held 53.3% share of North America molded foam market in 2022, amassing US$ 1,979.50 million. It is projected to garner US$ 3,233.68 million by 2030 to expand at 6.3% CAGR during 2022-2030.

Based on material, the North America molded foam market is divided into expanded polystyrene, polyurethane foam, expanded polyethylene, expanded polypropylene, and others. The polyurethane foam segment held 42.4% share of North America molded foam market in 2022, amassing US$ 1,576.41 million. It is projected to garner US$ 2,467.72 million by 2030 to expand at 5.8% CAGR during 2022-2030.

Based on application, the North America molded foam market is segmented into seating and furniture, automotive interior, bedding and mattresses, footwear, and others. The bedding and mattresses segment held 37.8% share of North America molded foam market in 2022, amassing US$ 1,405.86 million. It is projected to garner US$ 2,418.08 million by 2030 to expand at 7.0% CAGR during 2022-2030.

Based on country, the North America molded foam market is categorized into the US, Canada, and Mexico. The US held 68.9% share of North America molded foam market in 2022, amassing US$ 2,562.45 million. It is projected to garner US$ 4,231.78 million by 2030 to expand at 6.5% CAGR during 2022-2030.

Key players operating in the North America molded foam market are Carpenter Co, Intex Technologies LLC, Pomona Quality Foam LLC, Sinomax Group Ltd, and Woodbridge Foam Corp, among others.

– June 2023: Carpenter Co completed the acquisition of Recticel N.V.’s Engineered Foams Division, which included the former Foam Partner and Otto Bock operations.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America molded foam market .
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America molded foam market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Molded Foam Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. North America Molded Foam Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Robust Growth of Automotive Industry
5.1.2 Increasing Demand for Furniture Products
5.2 Market Restraints
5.2.1 Harmful Impact of Raw Materials on Environment
5.3 Market Opportunities
5.3.1 Growing Footwear Industry
5.4 Future Trends
5.4.1 Focus on Developing Sustainable Solutions
5.5 Impact Analysis
6. Molded Foam Market – North America Market Analysis
6.1 Overview
6.2 North America Molded Foam Market Volume (Kilo Tons)
6.3 North America Molded Foam Market Revenue (US$ Million)
6.4 North America Molded Foam Market Forecast and Analysis
7. North America Molded Foam Market Analysis – Type
7.1 Closed Cell Foam
7.1.1 Overview
7.1.2 Closed Cell Foam Market Revenue and Forecast to 2030 (US$ Million)
7.2 High Resilience Foam
7.2.1 Overview
7.2.2 High Resilience Foam Market Revenue and Forecast to 2030 (US$ Million)
7.3 Integral Skins Foam
7.3.1 Overview
7.3.2 Integral Skins Foam Market Revenue and Forecast to 2030 (US$ Million)
7.4 Memory Foam
7.4.1 Overview
7.4.2 Memory Foam Market Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. North America Molded Foam Market Analysis – Form
8.1 Rigid Foam
8.1.1 Overview
8.1.2 Rigid Foam Market Revenue and Forecast to 2030 (US$ Million)
8.2 Flexible Foam
8.2.1 Overview
8.2.2 Flexible Foam Market Revenue and Forecast to 2030 (US$ Million)
9. North America Molded Foam Market Analysis – Material
9.1 Expanded Polystyrene
9.1.1 Overview
9.1.2 Expanded Polystyrene Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
9.2 Polyurethane Foam
9.2.1 Overview
9.2.2 Polyurethane Foam Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
9.3 Expanded Polyethylene
9.3.1 Overview
9.3.2 Expanded Polyethylene Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
9.4 Expanded Polypropylene
9.4.1 Overview
9.4.2 Expanded Polypropylene Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
10. North America Molded Foam Market Analysis – Application
10.1 Seating and Furniture
10.1.1 Overview
10.1.2 Seating and Furniture Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Automotive Interior
10.2.1 Overview
10.2.2 Automotive Interior Market Revenue and Forecast to 2030 (US$ Million)
10.3 Bedding and Mattresses
10.3.1 Overview
10.3.2 Bedding and Mattresses Market Revenue and Forecast to 2030 (US$ Million)
10.4 Footwear
10.4.1 Overview
10.4.2 Footwear Market Revenue and Forecast to 2030 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
11. North America Molded Foam Market – Country Analysis
11.1 North America Molded Foam Market, by Key Country- Revenue (2022) (US$ Million)
11.1.1 North America Molded Foam Market Revenue and Forecasts and Analysis – By Countries
11.1.1.1 North America Molded Foam Market Breakdown by Country
11.1.1.2 US Molded Foam Market Volume and Forecasts to 2030 (Kilo Tons)
11.1.1.3 US Molded Foam Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.3.1 US Molded Foam Market Breakdown by Type
11.1.1.3.2 US Molded Foam Market Breakdown by Form
11.1.1.3.3 US Molded Foam Market Breakdown by Material
11.1.1.3.4 US Molded Foam Market Breakdown by Material
11.1.1.3.5 US Molded Foam Market Breakdown by Application
11.1.1.4 Canada Molded Foam Market Volume and Forecasts to 2030 (Kilo Tons)
11.1.1.5 Canada Molded Foam Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.5.1 Canada Molded Foam Market Breakdown by Type
11.1.1.5.2 Canada Molded Foam Market Breakdown by Form
11.1.1.5.3 Canada Molded Foam Market Breakdown by Material
11.1.1.5.4 Canada Molded Foam Market Breakdown by Material
11.1.1.5.5 Canada Molded Foam Market Breakdown by Application
11.1.1.6 Mexico Molded Foam Market Volume and Forecasts to 2030 (Kilo Tons)
11.1.1.7 Mexico Molded Foam Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.7.1 Mexico Molded Foam Market Breakdown by Type
11.1.1.7.2 Mexico Molded Foam Market Breakdown by Form
11.1.1.7.3 Mexico Molded Foam Market Breakdown by Material
11.1.1.7.4 Mexico Molded Foam Market Breakdown by Material
11.1.1.7.5 Mexico Molded Foam Market Breakdown by Application
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 Carpenter Co
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Intex Technologies LLC
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Sinomax Group Ltd
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Pomona Quality Foam LLC
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Woodbridge Foam Corp
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix

LIST OF TABLES

Table 1. North America Molded Foam Market Segmentation
Table 2. List of Raw Material Suppliers
Table 3. List of Manufacturers
Table 4. North America Molded Foam Market Volume and Forecasts To 2030 (Kilo Tons)
Table 5. North America Molded Foam Market Revenue and Forecasts To 2030 (US$ Million)
Table 6. North America Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 7. North America Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 8. North America Molded Foam Market Volume and Forecasts To 2030 (Kilo Tons) – Material
Table 9. North America Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – Material
Table 10. North America Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 11. US Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 12. US Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 13. US Molded Foam Market Volume and Forecasts To 2030 (Kilo Tons) – By Material
Table 14. US Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 15. US Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 16. Canada Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 17. Canada Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 18. Canada Molded Foam Market Volume and Forecasts To 2030 (Kilo Tons) – By Material
Table 19. Canada Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 20. Canada Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 21. Mexico Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 22. Mexico Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 23. Mexico Molded Foam Market Volume and Forecasts To 2030 (Kilo Tons) – By Material
Table 24. Mexico Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 25. Mexico Molded Foam Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 26. Company Positioning & Concentration

LIST OF FIGURES

Figure 1. North America Molded Foam Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Molded Foam Market
Figure 4. Market Dynamics: North America Molded Foam Market
Figure 5. North America Molded Foam Market Impact Analysis of Drivers and Restraints
Figure 6. North America Molded Foam Market Volume (Kilo Tons), 2020 – 2030
Figure 7. North America Molded Foam Market Revenue (US$ Million), 2020 – 2030
Figure 8. North America Molded Foam Market Share (%) – Type, 2022 and 2030
Figure 9. Closed Cell Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. High Resilience Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Integral Skins Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Memory Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. North America North America Molded Foam Market Share (%) – Form, 2022 and 2030
Figure 15. Rigid Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Flexible Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. North America North America Molded Foam Market Share (%) – Material, 2022 and 2030
Figure 18. Expanded Polystyrene Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 19. Expanded Polystyrene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Polyurethane Foam Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 21. Polyurethane Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Expanded Polyethylene Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 23. Expanded Polyethylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Expanded Polypropylene Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 25. Expanded Polypropylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 27. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. North America North America Molded Foam Market Share (%) – Application, 2022 and 2030
Figure 29. Seating and Furniture Market Revenue and Forecasts To 2030 (US$ Million)
Figure 30. Automotive Interior Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. Bedding and Mattresses Market Revenue and Forecasts To 2030 (US$ Million)
Figure 32. Footwear Market Revenue and Forecasts To 2030 (US$ Million)
Figure 33. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 34. North America Molded Foam Market, by Key Country- Revenue (2022) (US$ Million)
Figure 35. North America Molded Foam Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 36. US Molded Foam Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 37. US Molded Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 38. Canada Molded Foam Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 39. Canada Molded Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 40. Mexico Molded Foam Market Revenue and Forecasts To 2030 (Kilo Tons)
Figure 41. Mexico Molded Foam Market Revenue and Forecasts To 2030 (US$ Million)

The List of Companies – North America Molded Foam Market

1. Carpenter Co
2. Intex Technologies LLC
3. Pomona Quality Foam LLC
4. Sinomax Group Ltd
5. Woodbridge Foam Corp

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