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Polymer Foam Market Report | Covid-19 Impact Analysis
The Polymer Foam Market is Segmented by Structure Type (Closed Cell Foams, Open Cell Foams), by Foam Type (Flexible Foam, Rigid Foam), by Resin Type (Polyurethane Foam, Polystyrene Foam, PVC Foam, Phenolic Foam, Polyolefin Foam, Melamine Foam, and Others) , by End-Use Industry Type <...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Polymer foam market is likely to witness a healthy CAGR of 5.6% during the forecast period. The growing demand for polymer foams in various end-use industries is likely to drive the growth of the polymer foams market during the forecast period.
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Polymer Foam Market – Snapshot |
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Growth |
5.6% for the next five years |
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Major Resin Type |
Polyurethane Foam |
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Fastest Growing End- Use Industry Type |
Automotive |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Arkema, Armacell International, BASF, Borealis, JSP, Recticel, Rogers Corporation, Sealed Air, The Dow Chemical Company, and Zotefoams. |
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Based on the resin type, the polymer foam market is segmented as polyurethane foam, polystyrene foam, PVC foam, phenolic foam, polyolefin foam, melamine foam, and other foams. The polyurethane foam leads the market owing to its high demand from building & construction and furniture & bedding industries.
Based on the end-use industry type, the market is segmented as packaging, building & construction, furniture & bedding, automotive, footwear, sports & recreational, others. The automobile industry is expected to grow at the fastest rate during the forecast period due to increasing usage of polymer foams in applications such as cushioning, gaskets, cables, and headliners, and the high growth of the automotive industry.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing polymer foams market during the forecast period, with China, Japan, India, Indonesia, and Thailand being the major countries offering substantial growth opportunities. The growth of the region is owing to the growing building & construction, automotive, and packaging industries in developing economies and the easy availability of raw materials.
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Some of the major polymer foam manufacturers are-
Polymer foams are also known as expanded polymers. They are complex gases/solid-structured materials, consisting of a multitude of gas cells inside a solidified polymer matrix. They are majorly used for in a wide variety of applications such as disposable packaging of fast-food, cushioning of furniture and as insulation material.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Polymer Foam Market Research Report - Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The polymer foam market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The polymer foam market is expected to witness an impressive growth of 5.6% CAGR in the foreseeable future.
Arkema, Armacell International, BASF, Borealis, JSP, Recticel, Rogers Corporation, Sealed Air, The Dow Chemical Company, and Zotefoams are among the key players in the polymer foam market.
The automobile industry is expected to grow at the fastest rate in the polymer foam market in the coming years.
Asia-Pacific is expected to remain the largest market for polymer foams during the next five years.
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