Global Polymer Foam Market Size, Share & Trends Analysis and Segment Forecasts, 2018-2024 - Market is Expected to Reach USD 207.9 Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “Polymer Foam Market Size, Share & Trends Analysis Report By Type (Polyurethane, Polystyrene, PVC, Phenolic, Polyolefin, Melamine), By Application, By Region, And Segment Forecasts, 2018 - 2024” report has been added to ResearchAndMarkets.com’s offering.
The global polymer foam market size is expected to reach USD 207.9 billion by 2024
It is projected to expand at a 6.6% CAGR over the forecast period. Rising demand from automotive and building and construction industries is likely to drive the market growth. Polymer foams are widely utilized in combination with other materials in various composite constructions, high-resilience foam seating, rigid insulation panels, automotive components, carpet underlays, upholstery stuffing, packaging, and other such applications.
Polymer foam is widely used in building and construction, furniture and bedding, packaging and automotive among other applications. Rigid foams are used primarily as an insulation material in construction and refrigeration applications. This foam is energy-efficient and helps in cutting energy costs. Flexible foams are used mainly as a cushioning material in transportation, furniture, bedding, carpet underlay, and packaging among others.
Rising focus on development of biodegradable foams owing to stringent environmental regulations across the globe has opened new market opportunities for manufacturers. Manufacturing cost of these biodegradable foams is still higher than petroleum-based chemicals. Therefore, it will take a couple of years for manufacturers to completely adopt this variant.
The polymer foam market is segmented on the basis of type into polyurethane (PU) foam, polystyrene foam, polyvinyl chloride (PVC) foam, phenolic foam,polyolefin foam, melamine foam, and others. Polyurethane foam was the largest segment and accounted for 22.9% of the global volume. High consumer demand for comfortable mattresses, pillows, upholstery, and other furniture in an increasingly image-conscious market has influenced buying patterns and is expected to be a key growth driver.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Polymer Foam Industry Outlook
Chapter 4. Polymer Foam Market: Type Estimates & Trends Analysis
Chapter 5. Polymer Foam Market: Application Estimates & Trends Analysis
Chapter 6. Polymer Foam Market: Regional Estimates & Trends Analysis
Chapter 7. Competitive LandscapeBASF SE Woodbridge Foam Corporation Arkema Sekisui Alveo AG Sealed Air Corporation Zotefoams PLC Synthos S.A. Ineos Styrenics International Sa Foam Partner Group Recticel Group. Rogers Corporation Armacell International S.A. The DOW Chemical Company Borealis AG JSP Corporation
For more information about this report visit https://www.researchandmarkets.com/research/wtsr8p/global_polymer?w=4
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/07/2018 05:27 AM/DISC: 11/07/2018 05:27 AM