The Market Size Of Polymer Foam Was Estimated At USD 94.86 Billion In 2017 And Is Projected To Reach USD 126.08 Billion By 2022, At A CAGR Of 5.86% From 2017 To 2022

November 21, 2017 | By forimmediaterele | Filed in: Press Releases.

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Building & construction the largest end-use industry of polymer foam market
Polymer foams are used in various end-use industries such as packaging, building & construction, furniture & bedding, automotive, footwear, sports & recreational, and others. However, building & construction is the most dominant end-use industry, which is driven by huge investments in new infrastructure development, new housing projects, and renovation of non-residential buildings in the U.S., China, India, and Brazil.

Rising demand from Asia-Pacific is the major driver for polymer foam market
In 2016, Asia-Pacific accounted for the largest market share, in terms of volume and value. It is projected to register the highest CAGR of 6.81% between 2017 and 2022 in terms of value. The Asia-Pacific polymer foam market is driven by high economic growth and heavy investments in the industries such as automotive, marine, building & construction, and manufacturing. The growing industrialization, middle-class population, increasing infrastructure development, and rise in purchasing power of consumers have led to the growth in manufacturing of polymer foam in the region.

Extensive primary interviews have been conducted and information has been gathered from secondary research to determine and verify the market size of several segments and subsegments.
Breakup of primary interviews:

  • By Company Type – Tier 1 – 50%, Tier 2 – 25%, and Tier 3 – 25%
  • By Designation – D Level – 42%, C Level – 16%, and Others – 42%
  • By Region – North America – 28%, Europe – 22%, Asia-Pacific – 20%, South America -13%, and Middle East & Africa – 17%

The key companies profiled in this report are Sealed Air (U.S.), Arkema (France), Armacell (Germany), BASF (Germany), Borealis (Austria), Total (France), JSP (Japan), Kaneka (Japan), Recticel (Belgium), Rogers (U.S.), Sekisui Alveo (Switzerland), Synthos (Poland), Woodbridge (Canada), and Zotefoams (U.K.).

Research Coverage:
The polymer foam market report covers segmentation by type (PU, PS, PO, PVC, phenolic, melamine and others), by end-use industry (building & construction, packaging, automotive, furniture & bedding, footwear, sports & recreational, and others), and region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The end-use industry segment is further analyzed for each country in the respective regions.

Reasons to buy the Report
From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value-chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on polymer foams offered by top players in the polymer foam market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the polymer foam market
  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for polymer foam across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the polymer foam market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the polymer foam market

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