Steady Expansion Forecast for Automotive Foam Market, Projected to Reach $76.46 Billion by 2029
The automotive foam market, valued at $44.79 billion in 2024, is projected to reach $49.57 billion by 2025 and further grow to $76.46 billion by 2029, with a CAGR of 11.4%. Growth drivers include rising safety and comfort demands, customization, insulation needs, urbanization, and sustainable mobility. Key trends shaping the future of the market include smart foams, 3D molded solutions, and eco-friendly, multifunctional materials.
Source: OpenPR