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Structural Foam Industry Survey with Topmost Players and 2025 Future Outlook

The Global Structural Foam Market is expected to reach USD 42.2 billion by 2025, according to a new report by Grand View Research, Inc. The Global Structural Foam Market is expected to witness growth at 5.8%CAGR owing to Increasing infrastructure spending, particularly on residential & commercial buildings, has been a key factor driving the market growth. Moreover, the rising demand from material handling, automobile, and electrical & electronics, is also likely to contribute to the product demand over the forecast period. Increasing construction spending, particularly in emerging markets of Brazil, China, India, Mexico, Russia, and South Africa is expected to drive injection molded structural foam demand in these regions. Besides, positive outlook of the global automotive and packaging industries coupled with versatile properties of structural foams including better heat and pressure resistance increases their application scope in various industries. However, volatili...