China Automotive Foam Market Size & Outlook, 2021-2030
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China automotive foam market highlights
- The China automotive foam market generated a revenue of USD 3,160.2 million in 2021 and is expected to reach USD 6,676.6 million by 2030.
- The China market is expected to grow at a CAGR of 8.7% from 2022 to 2030.
- In terms of segment, polyurethane (pu) foam was the largest revenue generating type in 2021.
- Polyolefin (PO) Foam is the most lucrative type segment registering the fastest growth during the forecast period.
Automotive foam market data book summary
| Market revenue in 2021 | USD 3,160.2 million |
| Market revenue in 2030 | USD 6,676.6 million |
| Growth rate | 8.7% (CAGR from 2021 to 2030) |
| Largest segment | Polyurethane (pu) foam |
| Fastest growing segment | Polyolefin (PO) Foam |
| Historical data | 2019 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyurethane (PU) Foam, Polyolefin (PO) Foam |
| Key market players worldwide | Basf SE, Dow Inc, FMC Corp, OMV AG, Johnson Controls International PLC, Bridgestone Corp, Paul Bauder GmbH & Co. KG, Georg Fischer AG, Huntsman Corp, Sekisui Chemical Co Ltd, Asahi Kasei Corp, Armacell, Woodbridge, Recticel, Vita Group |
Other key industry trends
- In terms of revenue, China accounted for 10.9% of the global automotive foam market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China automotive foam market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,343.7 million by 2030.
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Automotive Foam Market Scope
Automotive Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vita Group | View profile | 1001-5000 | Plovdiv, Plovdiv, Bulgaria, Europe | http://www.thevitagroup.com/ |
| Recticel | View profile | 5001-10000 | Brussels, Brussels Hoofdstedelijk Gewest, Belgium, Europe | https://www.recticel.com |
| Woodbridge | View profile | 5001-10000 | Mississauga, Ontario, Canada, North America | https://www.woodbridgegroup.com |
| Armacell | View profile | 1001-5000 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.armacell.com |
| Georg Fischer AG | View profile | 19824 | Amsler-Laffon-Strasse 9, Schaffhausen, Switzerland, 8201 | https://www.georgfischer.com |
| Sekisui Chemical Co Ltd | View profile | 26838 | 4-4, Nishitenma 2-Chome, Kita-ku, Osaka, Japan, 530-8565 | http://www.sekisui.co.jp |
| Paul Bauder GmbH & Co. KG | View profile | 501-1000 | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://bauder.de |
| OMV AG | View profile | 21091 | Trabrennstrasse 6 - 8, Vienna, Austria, 1020 | https://www.omv.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| FMC Corp | View profile | 6600 | 2929 Walnut Street, Philadelphia, PA, United States, 19104 | https://www.fmc.com |
| Bridgestone Corp | View profile | 125199 | 1-1-3 Kyobashi, Chuo-ku, Tokyo, Japan, 104-8340 | http://www.bridgestone.co.jp |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
China automotive foam market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive foam market will help companies and investors design strategic landscapes.
Polyurethane (pu) foam was the largest segment with a revenue share of 72.28% in 2021. Horizon Databook has segmented the China automotive foam market based on polyurethane (pu) foam, polyolefin (po) foam covering the revenue growth of each sub-segment from 2019 to 2030.
- China Automotive Foam Type Outlook (Revenue, USD Million, 2019-2030)
- Polyurethane (PU) Foam
- Polyolefin (PO) Foam
- Others
- China Automotive Foam End-user Outlook (Revenue, USD Million, 2019-2030)
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Passenger Car
- China Automotive Foam Application Outlook (Revenue, USD Million, 2019-2030)
- Interior
- Door Panels & Watershields
- Others
- Seating
- Instrument Panels
- Headliners
- Seals, Gaskets & Nvh
- Exterior
- Bumper System
- Others
- Interior
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Target buyers of China automotive foam market databook
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Our clientele includes a mix of automotive foam market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China automotive foam market , including forecasts for subscribers. This country databook contains high-level insights into China automotive foam market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China automotive foam market size, by end-user, 2019-2030 (US$M)
China Automotive Foam Market Outlook Share, 2021 & 2030 (US$M)
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