Global Polymer Foams Market, By Type (Polyurethane (PU) Foam, Polyethylene (PE) Foam Polypropylene (PP) Foam, Ethylene-Vinyl Acetate (EVA), Others), Application (Furniture and Bedding, Transportation, Packaging, Construction, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.Global Polymer Foams Market, By Type (Polyurethane (PU) Foam, Polyethylene (PE) Foam Polypropylene (PP) Foam, Ethylene-Vinyl Acetate (EVA), Others), Application (Furniture and Bedding, Transportation, Packaging, Construction, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Polymer Foams Market
Polymer foams market will reach at an estimated value of USD 567.12 million and grow at a rate of 3.50% for the forecast period of 2021 to 2028. Rise in the growth of major end-use industries of polymer foams acts as a vital factor driving the growth of Polymer foams market.
Polymer foams are defined as extremely lightweight and highly durable, versatile, mildew resistant, and dermatologically friendly. These properties make them safe and recommendable for numerous consumer applications. Polyurethane based foams are widely used in automotive, building and construction and marine industries.
Rise in the demand for polymer foams in APAC is the vital factor escalating the market growth, also increase in the energy sustainability and energy conservation, increase in the demand of polymer foam in electronics packaging, rise in the disposable income and rise in the application of polymer foam in building and construction business are the major factors among others driving the polymer foams market. Moreover, rise in the advancements in additive manufacturing for polymer foams and increase in the research and development activities in the market will further create new opportunities for the polymer foams market in the forecast period of 2021- 2028.
However, rise in the availability of wide range of eco-friendly alternatives is the major factor among others acting as a restraint, and will further challenge the growth of polymer foams market in the forecast period mentioned above.
This polymer foams market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on polymer foams market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Polymer Foams Market Scope and Market Size
Polymer foams market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the polymer foams market is segmented into polyurethane (pu) foam, polyethylene (pe) foam polypropylene (pp) foam, ethylene-vinyl acetate (EVA) and others.
The polymer foams market is also segmented on the basis of application into furniture and bedding, transportation, packaging, construction and others.
Polymer Foams Market Country Level Analysis
Polymer foams market is analysed and market size, volume information is provided by type and application as referenced above.
The countries covered in the polymer foams market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the polymer foams market due to rise in the demand for polyurethane and polystyrene foams in building and construction as well as marine applications and PVC foam in wind energy applications in this region. Asia-Pacific is the expected region in terms of growth in polymer foams market due to increase in the energy sustainability and energy conservation and increase in the demand of polymer foam in electronics packaging in this region.
The country section of the polymer foams market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polymer Foams Market Share Analysis
Polymer foams market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polymer foams market.
The major players covered in the polymer foams market report are BASF SE, Dow, Recticel, Sealed Air, HUNTSMAN INTERNATIONAL LLC and Armacell among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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