Forecasts in the Automotive Foam Market

Global Trends & Forecasts in the Automotive Foam Market

11 February 2020
Automotive
Automotive Foam Market

As one of today’s leading automotive market research firms, the team from Visiongain has made it a commitment to keep their finger on the pulse of the automotive industry. In the coming years, one of the most rapidly expanding sectors is going to be the automotive foam market.

We’ve collected some of the most exciting global trends and market insight for you below so you can compete in the automotive foam market.

Uses of Automotive Foams

With the ever-increasing demand for more rugged and functional vehicles, the automotive foam market is seeing significant growth in many applications. Research shows that this is due in large part to its use in reducing areas of wind noise, as well as vibrations from the roadway. Automotive foam is also used to help prevent roadway chemicals and water from entering more vulnerable areas of the vehicle, such as doors, and damaging important metal components.

Asia-Pacific Region Driving Up Sales

One of the most notable trends in the automotive foam market is taking place in the Asia-Pacific region, with the area quickly becoming one of the fastest-growing global markets. This is due to several reasons, the first being that the call for increased passenger and commercial vehicle production has made foam production a hot commodity in the area. Additionally, due to existing government policies between Europe and the Asian-Pacific region and a demand-supply gap, stakeholders in the region have more opportunities for expansion. Other positive factors include the wealth of manpower in the region, as well as a favorable government outlook.

Major Applications for Automotive Foam

As far as some of the major applications on the foam market go, automotive foam market research shows that seating is the largest growing sector, accounting for nearly half of the market share. Other highly-lucrative applications include instrument and door panels, seals and gaskets, bumper systems, headliners, and water shields.

Contact us for in-depth automotive foam market research!

Our Automotive Foams Market Report 2019-2029 provides stakeholders with a global forecast of this more than $27.4 billion-dollar-a-year industry, including detailed information about market segmentation, key companies, product breakdowns, and frequently asked questions. It’s also broken down by region, industry participant, and company type to make it easier to find the exact information you need.

For more than 20 years, companies and industry experts around the world have been relying on the team from Visiongain to provide the facts they need to make key decisions in the future. With more than 1,500 reports available from over 18 market verticals, we’ve become a global market research leader.

To learn more about what we do, contact us online today or call +44 (0) 20 7549 9987.

Recent News

Visiongain Publishes Automotive Chips Market Report 2021-2031

The US is ahead of the global automotive chips adoption and application in terms of automakers and vehicle owners approaching the chip manufacturing companies for different components. Many US companies, semiconductor suppliers are concentrated in North America which allows for low shipping costs and thus lower unit prices and also ensures a high level of awareness among vehicle owners.

07 January 2021

Read

Visiongain Publishes 3D Concrete Printing Market Report 2021-2031

With the construction company’s ongoing efforts to bring 3D concrete printing into mainstream construction, it is projected that the global 3D concrete printing market will gain significant momentum in the coming years.

16 December 2020

Read

Visiongain Publishes Automotive Plastics Market Report 2021-2031

The global automotive plastics market is driven by factors such as increasing demand of automotive vehicles across the globe, growing demand of lightweight materials to reduce the overall weight of the vehicles to obtain better fuel efficiency, strict government regulations to lower the emission and increase fuel efficiency, excellent properties of plastics as compared to the conventional metals.

15 December 2020

Read

Visiongain Publishes Automotive Fuse Market Report 2020-2030

Increase in demand for high battery capacity and vehicle power, stringent government regulations regarding vehicle safety, growing vehicle electrification, consumer preference for safety and comfort in vehicles, and increase in demand for high voltage vehicles are the key factors which drive the growth of automotive fuse market during the forecast period.

09 November 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever