Polymer foam is mainly produced by solid and gas phase mixed together to form a polymer foam. Various type of methods are used for producing polymer foam, which includes extrusion, slab-stock by pouring, and molding. The polymer foam is divided into two types, such as thermoplastics or thermosets. These are further classified into rigid foam and flexible foam. The thermoplastic can be easily broken down and recycled. Likewise, the thermosets are harder to recycle because they are usually heavily crosslinked. The polymer foams are widely used in a variety of application due to their enhanced properties such as low density and lightweight. Some of the commercially available foam has low heat transfer, which makes them suitable for insulation.
MARKET DYNAMICS
The polymer foam market has witnessed a significant growth owing to factors such as ride range of application in building & construction, automotive, and marine industries coupled with significant industrial growth in the Asia Pacific region. Furthermore, major characteristics of polymer foam such as lightweight resistant to corrosion and vibration, and recyclable further propel the demand for polymer foam globally. However, fluctuation in availability and raw material prices are the key factors projected to hamper the polymer foam market growth over the projected period. Moreover, the major trend followed in the polymer foam market is the significant shift towards biobased polymer foam due to growing environmental concern in developed regions such as North America and Europe.
MARKET SCOPE
The "Global Polymer Foam 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 polymer foam market with detailed market segmentation by type, end user industry, and geography. The global polymer foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polymer foam market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polymer foam market is segmented on the basis of type and end user industry. On the basis of type, the polymer foam market is segmented into polyurethane, polystyrene, PVC, phenolic, polyolefin, melamine, and others. The polymer foam market on the basis of the end user industry is classified into packaging, building and construction, furniture and bedding, automotive, footwear, sports and recreational, 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 polymer foam 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 polymer foam 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 polymer foam 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 polymer foam market in these regions.
MARKET PLAYERS
The reports cover key developments in the polymer foam 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 polymer foam market are anticipated to lucrative growth opportunities in the future with the rising demand for Polymer foam in the global market. Below mentioned is the list of few companies engaged in the Polymer foam market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polymer foam 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.
- Arkema
- Armacell International S.A
- BASF SE
- Borealis AG
- JSP
- Kaneka Corporation
- Sabic
- Sealed Air
- Toray Industries, Inc.
- Total SA
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.