Global Polymer Foam Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global polymer foam market in its upcoming report titled, “Global Polymer Foam Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global polymer foam market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The polymer foam market report has been segmented on the basis of product, application, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Polymer foams are made of solid and gas phase mixed together to form a foam. Polymeric foams are expanded rubbers or cellular elastomers or sponges. The physical and mechanical properties of foam change according to the nature of solid matrix material. Foams are manufactured through slab-stock by pouring, extrusion, and molding.

On the basis of product, the polyurethane segment is expected to hold major revenue share in the global polymer foam market. Polyurethane foam is used in various applications including furniture, carpets, and cushions. Properties of polyurethane such as lightweight, low heat and sound transfer, and insulation are expected to be major factors diving segment growth over the forecast period. Growing residential construction activities in developing economies such as India, Indonesia, and Malaysia is anticipated to fuel segment growth.

On the basis of application, building & construction segment is estimated to hold major revenue share in the global polymer foam market and is expected to maintain its dominance over the forecast period. In building & construction, polymers foam is used for insulation purposes, molding, pipe, flooring, and in wire and cables. Growing construction activities is anticipated to fuel segment growth over the forecast period.

Asia Pacific market is estimated to hold major revenue share in the global polymer foam market, in 2017 and is expected to maintain its dominance over the forecast period. Growing automobile, pharmaceutical, and manufacturing industry in emerging economies in the region such as India and China are expected to drive Asia Pacific polymer foam market. Increasing population coupled with changing lifestyle of the people in the region is expected to drive the region growth over the forecast period. The Asia Pacific accounts for the largest revenue share contribution of the target market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively. Moreover, the presence of major automotive manufacturers in the region is expected to fuel Asia Pacific polymer foam market growth over the forecast period.

Market segmentation and key players operating in the global polymer foam market:

By product:

• Polyurethane foam
• Polystyrene foam
• PVC foam
• Polyolefin foam
• Phenolic foam
• Melamine foam
• Others (Silicone and PVDF)

By Application:

• Packaging
• Building & Construction
• Furniture & Bedding
• Automotive
• Aerospace
• Others (Footwear, Wind energy, Medical, Marine, and Refrigerator)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa