Skip to main content

Polymer Foam Market Growth and Regional Forecast till 2024

Rising demand from automotive and building and construction industries is likely to drive the market growth. Polymer foams are widely utilized in combination with other materials in various composite constructions, high-resilience foam seating, rigid insulation panels, automotive components, carpet underlays, upholstery stuffing, packaging, and other such applications.

The Global Polymer Foam Market size is expected to reach USD 207.9 billion by 2024, according to a new report by Grand View Research, Inc. It is projected to expand at a 6.6% CAGR over the forecast period.


Polymer foam is widely used in building and construction, furniture and bedding, packaging and automotive among other applications. Rigid foams are used primarily as an insulation material in construction and refrigeration applications. This foam is energy-efficient and helps in cutting energy costs. Flexible foams are used mainly as a cushioning material in transportation, furniture, bedding, carpet underlay, and packaging among others.

Rising focus on development of biodegradable foams owing to stringent environmental regulations across the globe has opened new market opportunities for manufacturers. Manufacturing cost of these biodegradable foams is still higher than petroleum-based chemicals. Therefore, it will take a couple of years for manufacturers to completely adopt this variant.

To Know More About Polymer Foam Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polymer-foam-market

The polymer foam market is segmented on the basis of type into polyurethane (PU) foam, polystyrene foam, polyvinyl chloride (PVC) foam, phenolic foam,polyolefin foam, melamine foam, and others. Polyurethane foam was the largest segment and accounted for 22.9% of the global volume. High consumer demand for comfortable mattresses, pillows, upholstery, and other furniture in an increasingly image-conscious market has influenced buying patterns and is expected to be a key growth driver.

Top Players of Polymer Foam Market:

Key players include BASF SE, Woodbridge Foam Corporation, Sekisui Alveo AG, Sealed Air Corporation, Zotefoams PL, Ineos Styrenics International SA, and Recticel Group.

Market segmentation of Polymer Foam Market:

The Global Polymer Foam Market segmented on the basis of Type, Application, and Region.

By Type:

    Polyurethane Foam
    Polystyrene Foam
    PVC Foam
    Phenolic Foam
    Polyolefin Foam
    Melamine Foam

By Application:

    Packaging
    Building & Construction
    Furniture & Bedding
    Automotive

Inquire about Polymer Foam Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1320
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Point of Entry Water Treatment Systems Market Competitive Landscape by 2025

Growing public awareness towards healthy lifestyle along with increasing water pollution is projected to drive the market over the forecast period. The Global Point of Entry Water Treatment Systems Market is estimated to be valued at USD 9.95 billion by 2025, according to a new report by Grand View Research, Inc. Exponential growth in the global population has exerted considerable pressure on the existing water resources available for human consumption, in turn augmenting the dependence on groundwater owing to its easy availability. However, improper disposal of wastewater generated in agricultural and industrial areas has led to largescale contamination of groundwater in urban areas, enhancing the global point of entry water treatment systems market by 2025. Favorable government regulations to ensure the supply of healthy drinking water is predicted to boost market growth over the forecast period. The growing investments towards development of efficient point of entry water t...
Post a Comment
Read more

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...
Post a Comment
Read more