Market Overview
The global polyolefin foam market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 5.20% during the forecast period (2023-2030).
Most passenger automobile seat cushions, armrests and padded instrument panels are polyolefin foam. Seat coverings, airbags, headrests and gasket seals are crucial in the car industry. Since olefin is employed in manufacturing the aforementioned products, polyolefin foam finds extensive applications in the automotive industry. Polyolefin foams are also in demand for industrial packaging, building and construction and consumer products.

Market Dynamics
Increased demand for polyolefin foam due to its thermal, electrical and acoustic insulation properties
The production of electric vehicles is estimated to increase in the upcoming years due to growing environmental awareness regarding climate change. Therefore, the extensive growth of the automotive industry with the growing production of electric vehicles is a major factor that boosts the polyolefin foam industry as the requirement for polyolefin foam in the automotive industry will be increased.
The high cost of polyolefin foams
One of the main reasons for the high cost of polyolefin foam is the high cost of raw materials. Polyolefin is a petrochemical-based material manufactured from crude oil. The price of raw crude oil and natural gas is susceptible to significant fluctuations, making it difficult to predict and control the cost of production. Additionally, the cost of transportation, storage and distribution of the above raw materials can affect the final cost of the polyolefin foam products.
Another reason for the high cost of polyolefin foam is the cost of manufacturing. The production process of polyolefin foam is complex and requires specialized equipment and skilled labor, which can increase the product’s overall cost. The cost of research and development in polyolefin foam production is also high, affecting the product’s final cost. To suffice, the exorbitant price point of polyolefins in comparison to alternatives hinders the market’s growth potential and therefore is recognized as a major market restraint.

COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis
The global polyolefin foam market is segmented based on type, process, application and region.
The excellent thermal and acoustic properties increase the automotive application of polyolefin foams
The advantage of polyolefin foam in the automotive industry is its excellent acoustic insulation properties. Polyolefin foam has a good sound absorption coefficient, which makes it an ideal material for reducing noise transmission in automotive applications such as engine compartments, exhaust systems and interiors, thus helping to improve the safety and comfort of drivers and passengers. Polyolefin foam also offers good chemical resistance and durability, which makes it suitable for use in harsh environments such as underbody, engine compartments and exhaust systems. The respective properties make it a good option for automotive applications where the parts are exposed to high temperatures, chemicals and mechanical stress.

Geographical Analysis
The growing end-user sectors’ demand for polyolefin foam and the presence of key players in Asia-Pacific
Polyolefin foam has excellent thermal insulation properties, which makes it an ideal material for insulation in automotive applications such as engine compartments, exhaust systems and underbody components. The respective fact helps to reduce heat loss, improve energy efficiency and reduce the carbon emissions of vehicles which are particularly relevant in the Asia-Pacific, where there is a growing focus on reducing fossil fuel dependence and emissions.
Further, Asia-Pacific is the industry leader in terms of geographical market share for polyolefin foam. Due to the region’s rising use of polyolefin foam, it holds the greatest market share. Companies that create polyolefin foams on a global scale are headquartered in China, Japan, India and Singapore. Some major global manufacturers of goods and automobiles are found in China and India.

Competitive Landscape
The major global players in the market include Furukawa Electric Co.Ltd., Knauf Industries, Dongshin Industry Inc., BASF, JSP Corporation, Kaneka Corporation, SSW Pearl Foam GmbH, Sonoco Products Company, Baker Hughes and Clark Foam.
Why Purchase the Report?

  • To visualize the global polyolefin foam market segmentation based on type, process, application and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development.
  • Excel data sheet with numerous polyolefin foam market-level data points with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as excel consisting of key products of all the major players.


The global polyolefin foam market report would provide approximately 61 tables, 61 figures and 187 Pages.
Target Audience 2023

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies