Elastomeric Foam Market 2019 | Global Size, Segments, Growth and Trends by Forecast to 2023 - PowerPoint PPT Presentation

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Elastomeric Foam Market 2019 | Global Size, Segments, Growth and Trends by Forecast to 2023

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Global Elastomeric Foam Market: Information by Type (Natural Rubber and Synthetic Rubber), End-Use Industry (HVAC, Automotive, Electrical and Electronics, and Others), and Region (Asia-Pacific, North America, Europe, and Others)—Forecast till 2023 – PowerPoint PPT presentation

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Title: Elastomeric Foam Market 2019 | Global Size, Segments, Growth and Trends by Forecast to 2023


1
Elastomeric Foam Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Elastomeric Foam Market Research Report- Forecast
to 2023
Elastomeric Foam Market - Overview
The Global Elastomeric Foam Market is the subject
for the latest research report from Market
Research Future (MRFR). The Global Elastomeric
Foam Market is studied in the report with regard
to the major drivers and restraints affecting the
markets movement, the major segments holding a
dominant share in the market, and the leading
players operating in the Global Elastomeric Foam
Market. Elastomeric Foam is a rubber-based
insulator with closed pores and a uniform cell
structure. The use of Elastomeric Foam is rife in
insulation applications in the HVAC, automotive,
and electronics industries, among others. The
growing demand for HVAC devices in emerging
regions is likely to be a major driver for the
Global Elastomeric Foam Market over the forecast
period. The demand for HVAC devices has been
driven by the growing demand for air conditioning
equipment in residential and commercial
establishments in developing regions. As air
conditioning is not a widely occurring phenomenon
in emerging regions such as the Middle East, Asia
Pacific, and Latin America, the demand for HVAC
equipment is growing rapidly in these regions.
This is likely to be a major driver for the
Elastomeric Foam Market over the forecast period.
The rapid development of modern shopping
channels such as super/hypermarkets in these
emerging regions is also likely to be a major
driver for the Global Elastomeric Foam Market
over the forecast period. The growing automotive
industry in emerging regions is also likely to
play a key role in the development of the
Elastomeric Foam Market over the forecast period.
Elastomeric foam is used in a number of
applications in the automotive industry to
achieve solid thermal and electrical insulation,
which is likely to drive its demand over the
forecast period. The growing demand for premium
automobiles from the newly minted populace in the
developing regions of the world is likely to
drive the Global Elastomeric Foam Market at a
handsome pace over the forecast period.
3
Elastomeric Foam Market Research Report- Forecast
to 2023
Segmental Analysis
The Global Elastomeric Foam Market has been
segmented by Type, Application and Region. On the
Basis of Type, the market has been divided into
natural rubber and synthetic rubber, which
includes nitrile butadiene rubber, ethylene
propylene diene monomer (EPDM), chloroprene, and
others. The nitrile butadiene rubber segment
accounted for the largest share of the Global
Elastomeric Foam Market in 2017 and is expected
to grow at a considerable CAGR during the review
period. This market growth can be attributed to
the increasing use of nitrile rubber in numerous
applications such as HVAC, refrigerators, plastic
pipes, gaskets, and sealing due to its superior
properties such as high moisture resistance, low
thermal conductivity, high elasticity, and
resistance to grease. EPDM is the fastest-growing
segment of the Global Elastomeric Foam Market
the increasing use of EPDM in solar installations
and oil gas applications due to its resistance
to water and weather is expected to boost the
growth of the EPDM segment during the forecast
period. Based on End-Use Industry, the market has
been categorized as HVAC, automotive, electrical
and electronics, and others. The HVAC segment
accounted for the largest market share in 2017and
is expected to register a significant growth rate
during the review period. This growth is largely
influenced by the increasing demand for HVAC
systems, chillers, and duct systems in healthcare
facilities, shopping complexes, supermarkets, and
industrial applications, among others. Increasing
automotive production is driving the demand for
Elastomeric Foam in gaskets and sealings, which
is expected to propel the growth of the market
during the review period. View Full Press
Release _at_ https//www.marketresearchfuture.com/rep
orts/elastomeric-foam-market-6374
4
Elastomeric Foam Market Research Report- Forecast
to 2023
Regional Outlook
Based on Region, the Global Elastomeric Foam
Market has been segregated into North America,
Europe, Asia-Pacific, Latin America, and the
Middle East Africa. The market in Asia-Pacific
was the largest in 2017 due to the presence of a
large number of end-use industries in developing
nations such as India and China. The expanding
construction industry as a result of rapid
urbanization and industrialization is expected to
propel the demand for Elastomeric Foam in the
region. North America is a prominent market for
Elastomeric Foam owing to its increasing use in
the automotive and aerospace industries. The
European market for Elastomeric Foam is expected
to grow as a result of rising demand in major
end-use industries such as HVAC and automotive.
The markets in Latin America and the Middle East
Africa are expected to exhibit considerable
growth during the review period due to the
expanding automotive and construction industries
in the region.
5
Elastomeric Foam Market Research Report- Forecast
to 2023
Major Players in this Research
  • Elastomeric Foam Market Prominent Players
  • Armacell International SA (Luxembourg)
  • Hira Industries LLC (UAE)
  • Zotefoams PLC (UK)
  • L'isolante K-Flex SpA (Italy)
  • Huamei (China)
  • Kaimann GmbH (Germany)
  • Jinan Retek Industries Inc. (China)
  • NMC SA (Belgium)
  • Grando (Belgium)
  • Sekisui Plastics Co., Ltd (Japan)
  • Rogers Foam Corporation (US)

Get Free Sample Copy _at_ https//www.marketresearchf
uture.com/sample_request/6374
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
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