Polymer Foam Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2027
The global polymer foam market size is expected to reach USD 153.8 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.8% over the forecast period. Rising demand from automotive and building and construction industries is likely to drive the market. Polymer foams are widely utilized in combination with other materials in various composite constructions, high-resilience foam seating, rigid insulation panels, automotive components, carpet underlays, upholstery stuffing, and packaging, among other applications. Rigid types are primarily used as an insulation material in construction and refrigeration applications. They are energy-efficient and help in cutting energy costs. Flexible types are mainly used as a cushioning material in transportation, furniture, bedding, carpet underlay, and packaging, among others. Rising focus on development of biodegradable foams owing to stringent environmental regulations across the globe has opened new market opportunities for manufacturers. Manufacturing cost of these biodegradable types is still higher than petroleum-based chemicals. Therefore, it will take a couple of years for manufacturers to completely adopt this variant. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/polymerfoam-market
Polyolefin foams, including polypropylene and polyethylene, are expected to witness significant expansion in the forthcoming years. Traditionally, low melt strength of these products, particularly polypropylene, limited the growth of this segment in the global polymer foam market. Several technologies including post-reactor radiation and compounding modifiers method have been introduced by various polyolefin manufacturers, such as Borealis and LyondellBasell Industries Holdings B.V. The aim is to improve the strength of polyolefins to meet the requirements of wind energy applications, including spar webs and shell panels, and marine applications like vibration control and cushion seats. Further key findings from the report suggest:
On the basis of type, polyolefin is estimated to emerge as one of the fastest-growing segments over the forecast period as product penetration has increased over the past few years in the flooring and automotive industries. Companies such as Sekisui Alveo AG, Armacell International S.A., and Borealis AG produce polyolefin foams in rolls and sheets that are environmentally friendly, versatile, and lightweight
Building and construction was the largest application segment in 2019 and accounted for 37.9% of the overall volume
Asia Pacific is estimated to witness the highest growth over the forecast period on account of surging demand from the manufacturing sector in countries like India, China, and Indonesia
Key players operating in the market for polymer foam include BASF SE, Woodbridge Foam Corporation, Borealis AG, Sealed Air Corporation, Zotefoams PL, Armacell International S.A., and Recticel Group.
Grand View Research has segmented the global polymer foam market on the basis of type, application, and region: Polymer Foam Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027) Polyurethane
Polystyrene
PVC
Phenolic
Polyolefin
Melamine
Others
Polymer Foam Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 2027) Packaging
Building & Constructions
Furniture & Bedding
Automotive
Rail
Wind
Marine
Others
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https://www.grandviewresearch.com/request-free-consultation/1320/rfc Polymer Foam Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027) North America
o
U.S
o
Canada
o
Mexico
Europe o
Germany
o
France
o
Italy
o
U.K.
o
Spain
o
Russia
Asia Pacific o
China
o
India
o
Japan
o
South Korea
o
Singapore
o
Indonesia
Central & South America o
Brazil
Middle East & Africa
Table of Contents Chapter 1.Methodology and Scope 1.1. Market segmentation & scope 1.2. Information procurement 1.2.1. Purchased database 1.2.2. GVR’s internal database 1.2.3. Secondary sources & third-party perspectives 1.2.4. Primary research 1.3. Information analysis 1.3.1. Data analysis models 1.4. Market formulation & data visualization 1.5. Data validation & publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segment Outlook 2.3. Competitive Insights Chapter 3 Non-Invasive Fat Reduction Market Variables, Trends & Scope 3.1. Penetration & Growth Prospect Mapping 3.2. Market Dynamics 3.2.1. Market Driver Analysis Continue……….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence
studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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