Polyurethane (PU) Foam market is anticipated to reach USD 39.68 billion in 2028, with a CAGR of 6.0%
The global Polyurethane (PU) Foam market is anticipated to reach USD 39.68 billion in 2028, with a CAGR of 6.0% during the forecast period from 2020 to 2028. Increasing demand for smart homes, growing awareness about energy conservation, growing automotive industry, and superior chemical and mechanical benefits offered by PU compared to other competing materials have made polyurethane foam market a lucrative market. Polyurethane is the most widely used and diverse family of thermosetting polymers that are widely used in a wide range of end-use applications. Polyurethane foam is manufactured by the reaction between polyols and diisocyanates, which are generally derived from crude oil.