Molded Foam Market to Reach $26.3 Billion, Globally, by 2033 at 4.9% CAGR: Allied Market Research

The molded foam market is driven by rising demand in automotive, packaging, and furniture industries due to its lightweight, cushioning, and thermal insulation properties. Growth in sustainable and biodegradable foams further boosts adoption. However, fluctuating raw material prices and environmental concerns over petroleum-based foams act as key restraints. Opportunities lie in increasing demand for eco-friendly alternatives, innovations in bio-based foams, and expanding applications in medical and aerospa ...