Research Methodology – Polyurethane-Based Foams in Automotive Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Polyurethane-Based Foams in Automotive Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Polyurethane-Based Foams in Automotive Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Polyurethane-Based foams production capacities.
- Volume, quantity, and quality of polyurethane-based foams used in the automotive industry.
- Pricing trends of polyurethane-based foams.
- The rate of usage and demand for polyurethane-based foams in the automotive sector.
- Key competitors and their market shares in this sector.
- Growth rates in the automotive industry.
- Regional demand for polyurethane-based foams in the automotive sector.
- The supply chain structure in the polyurethane foam market.
2 Key Market Indicators
- Global automotive industry growth rates.
- Current economic indicators like GDP, inflation rates etc.
- Trends in vehicle production and sales.
- Government regulations related to the use of polyurethane-based foams.
- Pricing trends of raw materials used in the production of polyurethane foams.
- Trends and advancements in polyurethane-based foams technology.
- Trade policies affecting the import/export of polyurethane foams.
3 Growth Trends
- Increase in demand for enhanced comfort and safety in vehicles.
- Growth of vehicle customization, leading to increased demand for polyurethane-based foams.
- Advancement of technology leading to the creation of better quality polyurethane foams.
- Emergence of new markets in developing regions.
- Increasing focus on vehicle light-weighting is fostering the demand for polyurethane foams.
- Adoption of green technology and sustainable manufacturing practices in the production of polyurethane-based foams.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Polyurethane-Based Foams in Automotive Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Polyurethane-Based Foams in Automotive Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights