Title: Polymer Foam Market analysis research and trends report for 2019 - 2025
1Polymer Foam Market Outlook with Industry Review
and Forecast 2019-2025
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2 Global Market Scenario of Polymer Foam Industry
- Based on type, Polymer Foam Market is bifurcated
into rigid and flexible. Flexible foam accounted
for more than half of the overall market owing to
its low cost and easy application. These are
commonly used in building construction,
footwears, sport recreations, textiles and
others. - Polymer Foam Market Size will witness a
profitable gain owing to use of product in myriad
end-user segment including furniture bedding,
building construction, automobile
transportation and others. - Polymer foams is the mixture of various polymer
resins, gas and solid phase. The commonly used
resins during the product manufacturing include
polyurethane, polyvinyl chloride (PVC), phenolic
resins, polystyrene, etc. The other raw material
includes refined petroleum solutions, inorganic
chemicals. - Polymer foams are developed by incorporation of
gas in a solid phase resulting in air
incorporated porous structure. The product market
will grow at rapid pace due to the unrivalled
properties of product such as strength to weight
ratio, light weight, outstanding acoustic and
thermal insulation, cushioning effect and high
shock absorbing capacity. Moreover, these
products are less costly than metallic foams or
fiber glass which increase the polymer foam
market demand during the forecast timeframe.
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3- Product Analysis-
- On product basis, Polymer Foam Market is
diversified into polyurethanes, polystyrene,
polyvinyl chloride, phenolic resins, polyolefins,
and melamine. The other niche product includes
micro cellulose, polyimide chloroprene, etc. - Among these, polyurethane will have largest
market share and will grow at a significant
growth rate owing to increasing construction and
renovation activities in North America. - Regional Trends-
- Asia Pacific held major chunks of the product
market share and will grow at a substantial
growth rate owing to rapid industrialization in
developing nation such as India, and China.
Various initiative by the government to increase
the manufacturing activities in their region will
bolster the product market. - For instance, Indian government has taken various
initiatives such as Make in India, Digital
India and allow FDI to increase the
manufacturing units in India. This will surge the
manufacturing activities and further spur the
polymer foam market by the end of 2024.
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5- Competitive Trends
- The major players in the Polymer Foam Market are
Armacell International, Ach Foam Technologies,
BASF, PAR Group, Roger Corporations, SABIC, The
Dow Chemical Company, Toray Industries, Total,
Foam Partner Group, Simona America, Borealis,
Dyplast Products, Polymer Technologies, Sealed
Air, and Synthos.
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