The report "Polyethylene (PE) Foams Market by Type (Non-XLPE and XLPE), End-Use Application (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, and Medical), and Region - Global Forecast to 2021", The polyethylene foams market is projected to grow from USD 2.74 Billion in 2016 to USD 3.64 Billion by 2021, at a CAGR of 5.8% from 2016 to 2021. Growth in this market is mainly driven by the rising demand for PE foams in the medical, building & construction, automotive, and protective packaging end-use applications, especially from the Asia-Pacific region.
Browse 120 Market Data Tables and 10 Figures spread through 165 Pages and in-depth TOC on "Polyethylene (PE) Foams Market by Type (Non-XLPE and XLPE), End-Use Application (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, and Medical), and Region - Global Forecast to 2021" https://www.marketsandmarkets.com/Market-Reports/polyethylene-foam-market129894004.html Early buyers will receive 10% customization on this report. Protective packaging is one of the most significant end-use applications of PE foams. This segment accounted for the largest share of the polyethylene foams market in 2015. However, increasing demand for PE foams from the building & construction and medical end-use applications is anticipated to surpass the protective packaging end-use application during the forecast period. In addition, rise in the number of residential and commercial buildings, and growing population in various countries such as China and India are factors driving the growth of the polyethylene foams market in the building & construction end-use application segment. PE foams are widely utilized in the in medical device packaging, orthopedic soft goods, and medical components. This, in turn, has contributed to the growth of the polyethylene foams market in the medical end-use application segment.