The global automotive foams market is expected to grow at a significant CAGR during the forecast period. Automotive foams are primarily produced using raw materials such as Toluene Diisocyanate (TDI), polyols, ethane, and propane. Automotive foams have various uses and types including flexible foam, rigid foam, semi-rigid foam, filler foam, structural foam, absorbing foam and so on. All of these have different applications according to the need. Absorbing foams are usually found in the bumper and replace the expensive, heavy systems that used massive steel bumper. Additionally, flexible foams have various applications such as blocking air movement, sealing water leaks, large voids, controlling sound by absorbing it and so on.
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Vehicles have become a necessity in every household, transitioning lifestyles and wide availability of low-end sports models has made it possible for a consumer to purchase vehicles as per their need. Additionally, vehicles are being seen as a status symbol which has increased the growth of automotive foams industry. With the easy availability of vehicles and low price, most of the people today are able to purchase a vehicle which is increasing the demand for automotive and simultaneously the automotive foam demand is on growth. Automobile Foam is developed by closed-cell foams, open-cell foams, melamine, natural fibers, and others.
The most widely used automotive foam is polyolefins these are based upon open and closed cell foams. These foams are lightweight due to which automobile manufacturers are able to lower the weight of the vehicle which leads to improved fuel efficiency. Additionally, they have exceptional fire resistance and water resistance which assist in improved vehicle safety. These foams are easily recyclable causing no environmental impact after they are abandoned. These enhanced properties are assisting in the increasing growth of automotive foams market.
Global Automotive Foam Market-Segmentation
By Material Type
- Polyurethane
- Polyolefin
- Polyvinyl Chloride (PVC)
By Application
- Seating
- Door Panels
- Bumper System
- Others
By End-User
- Commercial Vehicles
- Passenger Cars
- Two Wheelers
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