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Showing posts with the label High Heat Foam Industry

Latest Trends in the High Heat Foam Market with Topmost Players by 2024

Rising demand for high heat foams in automotive and aerospace industries is anticipated to drive the market over the forecast period. Growing automotive industry coupled with rising need for lightweight vehicles is expected to fuel industry growth over the forecast period. Need for fuel-efficient vehicles along with government regulations regarding automotive pollution is expected to further drive the market in near future. The Global High Heat Foam Market is expected to reach USD 13.89 billion by 2024, according to a new report by Grand View Research, Inc. Growing aerospace industry is anticipated to fuel high heat foams demand over the forecast period. The surge in demand for high heat foams in sports and leisure applications, especially in the Asia Pacific, is also expected to impel high heat foams demand over the next eight years. Automotive was the leading consumer and accounted for 32.5% of global demand in 2015. Increasing automotive production in China, India, Thailand