Structural Foam Market worth $31.9 Billion by 2020

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MarketsandMarkets Presents
Structural Foam Market by Material, Application
by Region - Trends and Forecasts to 2020
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Structural Foam Market worth 31.9 Billion by
2020
The report Structural Foam Market by Material
(Polyethylene, Polypropylene, Polystyrene,
Polyurethane Others), by Application (Material
Handling, Building Construction, Automotive,
Electrical Electronics, Others) and by Region
- Trends and Forecasts to 2020 defines and
segments the structural foam market with analysis
and forecast of the market size.
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Structural Foam Market worth 31.9 Billion by
2020
Browse gtgt 137 data tables
60 figures
185 pages and in-depth TOC on Structural Foam
Market This is a Premium Report Priced at US
4650 for single user. Early buyers will receive
10 customization on this report. The
structural foam market is projected to reach
31.9 Billion by 2020, signifying firm annualized
growth of 6 between 2015 and 2020.
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Structural Foam Market worth 31.9 Billion by
2020
North America The biggest market for
structural foam North America dominates the
global structural foam market. The technology for
structural foam molding emerged in this region,
and it was initially developed and adopted by
Uniloy Milacron, one of the leading providers of
blow molding and structural foam molding
solutions. The North America structural foam
market is expected to register a steady growth,
as there is uninterrupted demand from material
handling, automotive, and building and
construction sector. Accounting for 50 of the
global market, North America is the biggest
market for structural foam, with the U.S.
contributing to about 80 of the overall market
demand in this region, in 2014. Being a pioneer,
structural foam molding has been well-established
in the U.S. over the past few years. Many
manufacturers based in the U.S. are investing
more on expanding their structural foam business
in Mexico, which is one of the fastest-growing
regions in the global structural foam market.
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Structural Foam Market worth 31.9 Billion by
2020
Polyethylene structural foam The
fastest-growing segment in various
applications Polyethylene structural foam is the
largest and fastest-growing structural foam
segment in the global structural foam market.
Asia-Pacific and North America are currently the
largest consumers of polyethylene structural
foam, and accounted for a share of 75 of the
total market size in 2014. Polyethylene offers
impressive mechanical properties, flexibility,
high impact resistance, and is made available at
low costs. The major applications of polyethylene
structural foam are manufacturing of material
handling products and various components for
automobiles. Polyethylene structural foam has a
long life span with superior corrosion
resistance, and can also be recycled easily.
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Structural Foam Market worth 31.9 Billion by
2020
Material handling industry The largest market
for structural foam The material handling
industry is the largest end-user industry of
structural foam, and it is expected to dominate
the global structural foam market, by end-user.
The material handling application segment
accounts for 50.9 of the total structural foam
market. In North America, the material handling
industry occupies the highest share of 55.1 in
the overall structural foam market. The U.S. is
the most dominant region in the material handling
application segment, followed by China, Canada,
and Mexico. Some of the fast-growing markets of
structural foam in the material handling industry
are Japan, Spain, and Taiwan.
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Structural Foam Market worth 31.9 Billion by
2020
The U.S. and China are at the forefront of
structural foam consumption, while Canada,
Mexico, Japan, the U.K., and Spain are other key
markets for structural foam. China is the key
market in Asia-Pacific region, consuming more
than half of the overall demand for structural
foam, followed by Japan, Taiwan, and Indonesia,
where consumption is growing at a steady rate.
This growth is mainly attributed to the rapid
industrialization that is currently taking place
in this region. Purchase a Copy of this Report
Today !
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