US plastic foam demand is forecast to see 1.4% annual growth in volume terms through 2022, according to Plastic Foams: United States, a report recently released by Freedonia Focus Reports. Advances will reflect expanding production of plastic packaging, building products, mattresses, and motor vehicles.
More information about the report is available at:
Demand for polyurethane foam, the largest and fastest-growing resin segment, is projected to rise 1.8% per annum to 2022. Bedding will continue to present opportunities based on expanding consumer acceptance of memory foam mattresses, toppers, and pillows. In particular, foam suppliers will benefit from growth in the bed-in-a-box industry.
These and other key insights are featured in Plastic Foams: United States. This report forecasts to 2022 US plastic foam demand in pounds. Total demand is segmented by resin in terms of:
- polyurethane (PU)
- polystyrene (PS)
- other resins such as high-density polyethylene (HDPE), polypropylene (PP), and vinyl
Total demand is also segmented by market as follows:
- household products
- motor vehicles
- other markets such as industrial and heating, ventilation, and air conditioning (HVAC); transport equipment other than motor vehicles; and electrical and electronic products
To illustrate historical trends, total demand is provided in annual series from 2007 to 2017; the various segments are reported for 2007, 2012, and 2017