North America Flexible Foam Market Share, Industry Outlook - 2022-2028

1. North America Flexible Foam Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2028

2. North America flexible foam market is anticipated to register substantial growth in the forthcoming years. The rise can be credited to the increasing participation of various companies in trade conferences. These steps are being taken for securing a strong foothold in the industry. • An instance of the same is Saint Gobain Tape Solutions, which announced plans to exhibit at the Michigan-held Foam Expo North America 2022. With its array of solutions, the company disclosed the availability of representatives for addressing queries associated with product demonstrations and high-performance technical foam products. • Some of the major players operating in the North America Flexible Foam Market are BASF, Covestro, DOW Chemical, Huntsman, Rogers Corp, The Woodbridge, INOAC Corp, Carpenter, Kaneka, and American Excelsior Company. • A rise in the organization of similar events and rising participation by industry players is slated to drive the regional landscape over the ensuing years. As per the latest research conducted by Global Market Insights Inc., North America flexible foam market value is anticipated to cross USD 11 billion until 2028. • Some of the major trends that are anticipated to drive the industry expansion have been enlisted below:

3. Several companies from across the globe are entering agreements and partnerships with U.S.-based firms, driving revenue growth. Citing an instance, in December 2021, Recticel inked a binding agreement for the sale of its Engineered Foams business line to the U.S.-headquartered Carpenter Company. • Under the agreement, the lineup was set to be sold for an enterprise valuation of EUR 656 million. A rise in the launch of similar agreements is anticipated to impel industry expansion in the U.S. • Numerous flexible foam manufacturers are focusing on the rollout of various products for consolidating their market presence. The solutions by some firms can be deployed across a range of applications across various industries. • An instance of the same is Huntsman Polyurethanes. As claimed by the company, its solutions find application in the creation of rigid and flexible foams, adhesives, thermoplastic urethanes, elastomers, as well as coatings. • Along with product developments, many industry participants are engaging in research activities for the rollout of superior solutions including flexible foam sheets. • Many industry players are centered on the rollout of websites for driving business growth through the forthcoming years. Quoting an example, in January 2022, Woodbridge INOAC Technical Products, a JV between INOAC and Woodbridge, shared plans for the launch of a redesigned website.

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