Polymer Foam Market Report 2019-2029
Forecasts by Type (Polyurethane Foam, Polystyrene Foam, PVC Foam, Phenolic Foam, Polyolefin Foam, Melamine Foam and Others), Application (Packaging, Building & Constructions, Furniture & Bedding, Automotive, Rail, Wind, Marine and Others). Plus, Leading Companies
The global market for polymer foam is projected to grow at a CAGR of nearly 4.3% over the estimated period of time.
Polymer foam is a combination of a polymer’s solid phases with the gas phases. The polymer matrix is created during the manufacturing of polymer foams with air bubbles or air tunnels which produce a structure known as closed or open cell foam. Closed foams provide such characteristics as stiffness and less permeability. In turn, this leads to better isolation. Closed-cell foams are also great sound absorbers, and have elevated thermal flow strength, also referred to as R-values. Flexible foams are open-cell polymer spumes. They work as noise obstacles and better absorption in normal noise frequency ranges.
The polymer foam industry is growing moderately worldwide due to increased end user demand. Asia-Pacific is the leading polymer foam region, with more demand for end customers and strategic trends, such as product launches, increasing R&D, development and acquisitions in automobile, construction and other sectors, being continued in Europe, North America and elsewhere. The use of polymer foams by the automotive, construction & packaging industry, infrastructure developments, urbanization and many other significant variables in the polymer foam industry is increasing. Concentration to expand on the bio-based product development may provide the polymer foam industry with a growth chance. However, the market growth is to be curbed by variables such as currency changes and strict public regulations.
Due to the increasing application of polymer foam for insulation reasons, flooring, piping, molding and for wire and wires, construction and construction were the biggest segment. The second biggest segment is furniture and bedding due to growing apps such as padding, fiber, chair padding, mattress padding and furnishings. Due to increased use in several car parts such as seats, dashboards, energy trains and suspension covers, automotive is expected to be one of the fastest growing sectors during the forecast era.
The market dominated by polyurethane foam in 2018 and its dominance is anticipated to continue over the entire prediction era. The product is used in different applications, such as furnishings, covers and tapestries. Due to its high capacity as lightweight, low heat and sound transfer, high energy dispersion and insulation, it offers a large client base. Increasing demand for residential and commercial space is also anticipated to boost product demand in building apps in Southeast Asian nations, such as Singapore, Korea and Indonesia.
Leading companies featured in the Polymer Foam Market 2019-2029 report include Covestro AG,BASF SE, Recticel NV, Sealed Air Corporation, DowDuPont Inc., Total S.A., Rogers Corporation, SABIC and Zotefoams PLC among others. Manufacturers in North America and Europe are the majority and are therefore highly competitive in those areas. The players on the market give a variety of polymer foams made of polyurethane, polyethylene and extended polystyrene and serve a wide variety of industries, including building, wind, automobiles, mass transportation, marine transport and packaging.
The comprehensive report provides market estimates and forecasts for leading domestic markets across the world for the period from 2019 to 2029. In addition, the report includes dedicated leading companies covering 10 leading polymer foam industry producers.
The report on the Polymer Foam Market 2019-2029 will appreciate anyone who wants to better understand the marketing packaging, building & construction, furniture & bedding, automotive, rail, wind, marine and other applications of polymer foam. It will be useful for companies that want to better understand the part of the market in which they are already involved or those that want to enter or expand into another regional or technical part of the polymer foam industry.
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