Foamed plastics are the new type with the properties of heat preservation, lightweight, sound absorption, and quakeproof. This type of material can be used in the cold storage and wall insulation, and can also be used to make the sandwich board. Foamed plastic, synthetic resin can be converted into a spongelike mass with an open-cell structure or closed-cell, either of which may be rigid or flexible, and can be used for a wide range of products such as air filters, cushioning materials, furniture, and others.
MARKET DYNAMICS
The foam plastics market has witnessed significant growth owing to the growth of major end-use industries of foam plastics. Moreover, the energy sustainability and energy conservation initiatives are known to boost the foam plastics market in the coming years. The growth potential in low regulated regions provides a vast market opportunity for the key players operating in the foam plastics market.
MARKET SCOPE
The Global Foam Plastics Market Analysis to 2028? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Foam plastics market with detailed market segmentation by type, end-use industry, and geography. The global foam plastics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Foam plastics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global foam plastics market is segmented on the basis of type and end-use industry. Based on type, the global foam plastics market is segmented into polyurethane (PU), polystyrene (PS), polyolefin (PO), phenolic, and others. On the basis of end-use industry, the global foam plasctics market is segmented into building & construction, packaging, automotive, furniture & bedding, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Foam plastics market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Foam plastics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Foam plastics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Foam plastics market in these regions.
MARKET PLAYERS
The reports cover key developments in the Foam plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Foam plastics market are anticipated to lucrative growth opportunities in the future with the rising demand for Foam plastics in the global market. Below mentioned is the list of few companies engaged in the Foam plastics market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Foam plastics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alchemie Ltd.
- BASF SE
- Covestro
- DOW
- Hexion Inc.
- Huntsman International Llc
- SABIC
- Shell International B.V.
- Total S.A.
- Wanhua Chemical Group Co., ltd.