At 6.0% CAGR, Europe One-Component Polyurethane Foam Market is Projected to be Worth US$ 1,415.36 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Europe one-component polyurethane foam market was valued at US$ 886.28 million in 2023 and is expected to reach US$ 1,415.36 million by 2031, registering a CAGR of 6.0% from 2023 to 2031. Rising demand for sustainable and environment-friendly foam and advancements in product technology are among the critical factors attributed to drive the Europe one-component polyurethane foam market growth.

Innovations in formulation and application techniques have significantly enhanced the performance characteristics of polyurethane foam, making it more versatile and efficient. Modern one-component polyurethane foams are engineered to offer superior adhesion, faster curing times, and improved thermal and acoustic insulation properties. These enhancements expand the foam's applicability across various industries, including construction, automotive, and packaging, driving broader market adoption. In the construction sector, technological advancements have led to the development of polyurethane foams with enhanced fire resistance and environmental sustainability. These new formulations meet stricter building codes and regulations, particularly in terms of fire safety and reduced emissions of VOCs. Such improvements make one-component polyurethane foams attractive for builders and contractors looking for reliable, compliant, and eco-friendly insulation and sealing solutions. The construction industry's shift toward sustainable building practices further amplifies the demand for advanced polyurethane foam products.

Furthermore, advancements in application technology that have improved dispensing equipment and automated application systems have streamlined the use of one-component polyurethane foam. These innovations reduce waste, enhance precision, and lower labor costs, making polyurethane foam a more cost-effective solution. The ability to apply the foam more efficiently and consistently is particularly advantageous in large-scale manufacturing and construction projects, where time and resource optimization are critical. Subsequently, the continuous technological progress in formulating and applying one-component polyurethane foam opens up new growth opportunities for the market.  

On the contrary, stringent government regulations hamper the growth of Europe one-component polyurethane foam market.

Based on raw material, the Europe one-component polyurethane foam market is divided into methylene diphenyl diisocyanate, toluene diisocyanate, polyether polyols, polyester polyols, and others. The polyether polyols segment held 38.5% market share in 2023, amassing US$ 340.87 million. It is projected to garner US$ 540.51 million by 2031 to register 5.9% CAGR during 2023–2031.

In terms of application, the Europe one-component polyurethane foam market is segmented into construction, insulation, packaging, automotive, and others. The construction segment held 31.6% share of Europe one-component polyurethane foam market in 2023, amassing US$ 279.79 million. It is anticipated to garner US$ 477.29 million by 2031 to expand at 6.9% CAGR during 2023–2031.

By end use, the Europe one-component polyurethane foam market is bifurcated into residential and commercial. The residential segment held 50.7% share of Europe one-component polyurethane foam market in 2023, amassing US$ 449.67 million. It is projected to garner US$ 685.36 million by 2031 to expand at 5.4% CAGR from 2023 to 2031.

Based on country, the Europe one-component polyurethane foam market is categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 34.4% share of Europe one-component polyurethane foam market in 2023. It was assessed at US$ 304.95 million in 2023 and is likely to hit US$ 442.44 million by 2031, registering a CAGR of 4.8% during 2023–2031.

Key players operating in the Europe one-component polyurethane foam market are Henkel AG & Co KGaA, Sika AG, The Dow Chemical Co, BASF SE, Huntsman Corp, Selena Group, BOSTIK BENELUX B.V. (Den Braven), Tremco CPG Inc., and Soudal Group, among others.

• In September 2022, Covestro offered polyether polyols using bio-circular¹ feedstock. Together with renewable1 toluene diisocyanate (TDI) and climate-neutral² methylene diphenyl diisocyanate (MDI), the company can supply both key raw material components for the production of polyurethane (polyurethane) foams based on alternative raw materials. Like TDI and MDI, the polyols are produced with the help of the mass balance approach using renewable precursors – from biowaste and residual materials – which are allocated to the products by calculation.
• In February 2022, Evonik has developed a chemical recycling process for converting flexible polyurethane foams back to the original polyol raw material. As the next phase of the development, Evonik will scale-up trials of its new hydrolysis process in partnership with The Vita Group, a provider of flexible polyurethane foam products.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com