Urethane Foam Manufacturing in the US: Market Research Report

Staying afloat: The booming economy before the recession nearly offset recent declines in downstream industries

The past couple of years were tough for the Urethane Foam Manufacturing industry, with downstream industries including construction, furniture and motor vehicle manufacturing hit hard by the economic recession. All appear to have begun recovering, and the industry is bouncing back niceley. Industry research and development will continue to be an important factor in the development of new technology, which will result in improved product quality and increased productivity gains. Future innovations could aid expansion of industry products across many segments... purchase to read more

Despite the recent downturn in revenue, the Urethane and Other Foam Manufacturing industry is firmly entrenched as a mature industry. The industry has a dominant position in some major market segments (e.g. furniture and bed padding), where growth is largely dependent on the level of activity in end-use markets (which is cyclical). The latest decline in revenue can be directly attributed to the economic recession, as well as the industry's heavy dependence on poorly performing market segments such as the automotive and construction markets. Both industries have experienced uncharacteristically drastic reductions in demand over the past few years... purchase to read more