Flexible Foam Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Flexible Foam Manufacturers and it is segmented by type (polyurethane, polyethylene, and polypropylene), application (construction, consumer goods, furniture, transportation, and other applications), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The market size and revenue forecasts for flexible foam are provided in terms of millions of dollars for all the above segments.

Flexible Foam Market Size

Flexible Foam Market Summary

Flexible Foam Market Analysis

The Flexible Foam Market is expected to register a CAGR of greater than 7% during the forecast period.

COVID-19 hurt the market for flexible foam because there was a big drop in demand from the construction, furniture, and auto industries.The lockdown hurt the building industry because many projects were put on hold, which led to less demand for furniture in homes and offices.However, the market gained pace in 2021 and is expected to grow at a healthy rate during the forecast period.

  • The packaging industry's growing need for flexible foam material is the main thing that will drive the market studied over the next few years.Also, more carpet cushions are being made with flexible foam, which is expected to increase demand for the market studied.
  • But the process of making flexible foam materials, which is expensive, is likely to slow the growth of the market studied.
  • During the time frame of the forecast, the market is likely to benefit from the growing demand for cushion seats in electric vehicles.
  • The Asia-Pacific region is expected to dominate the market globally, with the most consumption coming from countries such as China, India, and Japan.

Flexible Foam Industry Overview

The flexible foam market is partially fragmented, with only a few major players dominating the market. Some of the major companies are BASF SE, Rogers Corporation, Huntsman International LLC, Inoac Corporation, and Recticel NV/SA, among others (not in any particular order).

Flexible Foam Market Leaders

  1. BASF SE

  2. Recticel NV/SA

  3. Huntsman International LLC

  4. Rogers Corporation

  5. Inoac Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Flexible Foam Market Concentration
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Flexible Foam Market News

  • July 2022: William T. Burnett & Co. acquired Flex Foam, the first polyurethane foam manufacturer in Arizona, which will help them in growing Flex Foam's existing business and also in expanding their own ability to produce specialty urethane foams in Phoenix that would meet exacting technical specifications for use in a wide range of industries.
  • May 2022: Hunstman International LLC collaborated with BRUGG pipes in which they have developed a next-generation polyurethane foam system with excellent insulation properties that can be used to create highly flexible, thermally efficient, pre-insulated pipes for connecting ground source heat pumps and local heating units to domestic and commercial buildings.
  • March 2022: Carpenter Co. acquired the assets of Recticel N.V.'s Engineered Foams Division. the merger would represent a unique opportunity for Carpenter to expand its footprint in Europe. The merger would create the world's largest vertically integrated manufacturer of polyurethane foams and specialty polymer products. This transaction between the two companies will involve multiple production facilities and offices not only in Europe but also in the United States and Asia.

Flexible Foam Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand of Flexible Foam in Packaging
    • 4.1.2 Increasing Demand for Flexible Foam in Carpet Cushion
    • 4.1.3 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Environmental Degradation while Fabrication
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition
  • 4.5 Raw Material Analysis

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Type
    • 5.1.1 Polyurethane
    • 5.1.1.1 Polyester
    • 5.1.1.2 Polyether
    • 5.1.2 Polyethylene
    • 5.1.2.1 Cross linked
    • 5.1.2.2 Non-cross linked
    • 5.1.3 Polypropylene
  • 5.2 Application
    • 5.2.1 Construction
    • 5.2.2 Consumer Goods
    • 5.2.3 Furniture
    • 5.2.4 Transportation
    • 5.2.5 Other Applications
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%) Analysis **/ Market Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 American Excelsior Company
    • 6.4.2 BASF SE
    • 6.4.3 Carpenter Co.
    • 6.4.4 Changzhou Xingang Plastic Products Co., Ltd.
    • 6.4.5 Covestro AG
    • 6.4.6 Dow
    • 6.4.7 Greiner AG
    • 6.4.8 Huntsman International LLC
    • 6.4.9 Inoac Corporation
    • 6.4.10 KANEKA CORPORATION
    • 6.4.11 ORSA foam SpA
    • 6.4.12 Recticel NV/SA
    • 6.4.13 Rogers Corporation
    • 6.4.14 SEKISUI CHEMICAL CO., LTD.
    • 6.4.15 Sheela Foam Ltd
    • 6.4.16 Wm. T. Burnett & Co.
    • 6.4.17 Woodbridge
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Demand for Cushion Seats in the Electric Vehicles Segment
  • 7.2 Other Opportunities
**Subject to Availability
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Flexible Foam Industry Segmentation

Flexible foam is used to cushion a wide range of consumer and commercial products, such as furniture, carpet cushions, transportation, bedding, packaging, textiles, and fibers. The market is segmented by type, application, and geography. By type, the market is segmented into polyurethane, polyethylene, and polypropylene. By application, the market is segmented into construction, consumer goods, furniture, transportation, and other applications. The report also covers the market size and forecasts for the flexible foam market in 15 countries across major regions. For each segment, market sizing and forecasts have been done on the basis of revenue (USD million).

Type Polyurethane Polyester
Polyether
Polyethylene Cross linked
Non-cross linked
Polypropylene
Application Construction
Consumer Goods
Furniture
Transportation
Other Applications
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Flexible Foam Market Research FAQs

What is the current Flexible Foam Market size?

The Flexible Foam Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)

Who are the key players in Flexible Foam Market?

BASF SE, Recticel NV/SA, Huntsman International LLC, Rogers Corporation and Inoac Corporation are the major companies operating in the Flexible Foam Market.

Which is the fastest growing region in Flexible Foam Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Flexible Foam Market?

In 2025, the Asia-Pacific accounts for the largest market share in Flexible Foam Market.

What years does this Flexible Foam Market cover?

The report covers the Flexible Foam Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Flexible Foam Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Flexible Foams Industry Report

Statistics for the 2025 Flexible Foam market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Flexible Foam analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Flexible Foams Market Report Snapshots

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Flexible Foam Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)