As per this study the Global Polymer Foams Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Polymer foams are the combination of solid and gas phase produced by the dispersion of gas. This process happens by combining the two phases too fast for the system to respond in a smooth fashion. This processed foam has a polymer atmosphere with each air bubbles or air channels integrated with it, which is known as either closed-cell or open-cell structure. It has excellent such as superior acoustic absorption, cost-effectiveness, strength-to-weight ratio, low density, thermal insulators, and flexibility which enables their application in constructions, electronics, transportation, automotive, and furnishing.
Some of the market trends that have been observed in the polymer foams are increased use of polymer foam in automotive, construction, infrastructure development, and others. Also, the growth in the R&D activities along with the rising demand for carbon-based polyols and the development of bio-based polyols are projected to offer new opportunity growth to the market. On the other side, fluctuating price of raw material and stringent government rules and regulations is likely to hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of polymer foams.
The broad polymer foams market has been sub-grouped into product, resin type and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Resin Type
- Closed Cell Foams
- Open Cell Foams
- Polyurethane Foam
- Polystyrene Foam
- Polyvinyl Chloride Foam
- Phenolic Foam
- Polyolefin Foam
- Melamine Foam
- Building & Construction
- Furniture & Bedding
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for polymer foams in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Polymer Foams Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the polymer foams market includes Arkema, Armacell International S.A., BASF SE, Borealis AG, Foam Partner Group, Ineos Styrenics International Sa, JSP Corporation, Recticel Group, Rogers Corporatio, Sealed Air Corporation, Sekisui Alveo AG, Synthos S.A., The DOW Chemical Company, Woodbridge Foam Corporation, and Zotefoams PLC. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.