Polymer Foam Market to Set Phenomenal Growth by 2025

Polymer Foam Market is projected to grow from USD 90.7 billion in 2020 to USD 114.8 billion by 2025, at a CAGR of 4.8%. Polymer foam is largely used in the building & construction, packaging, and furniture & bedding.  Browse 119 market data Tables and 41 Figures spread through 203 Pages and in-depth TOC on “Polymer Foam Market by Resin Type (PU, PS, PO, Phenolic), Foam Type (Rigid, Flexible),…

Polymer Foam Market is projected to grow from USD 90.7 billion in 2020 to USD 114.8 billion by 2025, at a CAGR of 4.8%. Polymer foam is largely used in the building & construction, packaging, and furniture & bedding. 

Browse 119 market data Tables and 41 Figures spread through 203 Pages and in-depth TOC on "Polymer Foam Market”.

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Polyurethane resin segment is projected to be the largest segment of the polymer foam market.

PU foam is available in a wide range of rigidity, hardness, and density levels. Low-density flexible foams are used in upholstery, bedding, automotive and truck seating, and novel inorganic plant substrates for roof or wall gardens. PU foams are mainly used in furniture & bedding and building & construction sectors. It is produced by many leading manufacturers. In addition, PU foam is a good choice for insulation and helps in reducing CO2 emissions. It is a versatile substance, in terms of properties, and is, therefore, suitable for use in construction and automotive industries. As the construction industry is growing rapidly in APAC, PU plays a dominant role in the growth of the overall polymer foam market in the region.

Recent Developments

In March 2019,     BASF enhanced its regional innovation capabilities with new facilities at     the Innovation Campus Shanghai to further strengthen collaboration with     the automotive industry and to offer new process catalysts to the chemical     industry. With an investment of approximately USD 38.0 million, the new     5,000-square-meter facilities include the Automotive Application Center     and the Process Catalysis Research & Development (R&D) Center. One     of the innovations include polyurethane (PU) integral foam solutions with     an open cell structure offering unique performance, which are     light-weight, with excellent sound insulation and flame resistance.

In November     2018, The Dow Chemical Company announced the opening of a polyol (a raw     material for polymer foam) plant for rigid PU foam in Rayong, Thailand.     This facility is expected to increase the company's capacity to offer     high-quality insulation products and solutions.

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The key players profiled in the polymer foam market report are BASF SE (Germany), Rogers Corporation (US), The Dow Chemical Company (US), Recticel NV/SA (Belgium), Sealed Air Corporation (US), Huntsman International LLC (US), and Armacell International S.A. (Germany).

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The report on the Global Polymer Foam Market presents a comprehensive analysis of the Polymer Foam Market in terms of market size by value and volume, segmentation breakdown, by manufacturers, regions, types, and applications. The report considers 2017-2018 as historical years, 2019 as the base year, and the forecast timeline 2020-2027. The report analyses the key segments of the market based on the current and emerging trends in the global Polymer Foam market scenario. The report also offers insightful data on future trends, market drivers, opportunities and challenges, risks, limitations, and growth prospects. It also offers strategic recommendations to novice players to overcome the entry-level barriers in the industry and gain a robust footing in the market.

Market Size – USD 113.40 Billion in 2019, Market Growth – CAGR of 3.5%, Market Trends – The increasing demand from end-use industries.

The report covers the current market dynamics of the Polymer Foam industry on a global scale. The COVID-19 pandemic has impacted the overall economy of the world. The impact of the COVID-19 pandemic is increasing step by step and is influencing the production and manufacturing processes of various industries. The report on the Global Polymer Foam Market offers the impact analysis of the COVID-19 crisis on numerous industrial segments and regional markets. The report also covers the current market trends and forecast to provide a better understanding of the impact of the COVID-19 pandemic on the overall market.

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The Polymer Foam market report is an investigative study encompassing industry insights along with crucial market data such as facts and figures, technological and product advancements, and analysis of key segments. The important data is gathered through rigorous primary and secondary research, and the information is further validated and verified by industry experts and professionals. The report offers a panoramic view of the industry with a particular focus on global and regional segments. The report covers the technological developments, product advancements, production and consumption ratio, and demand trends in the key regions of the industry.

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Key Players Analyzed in the Report:

BASF SE, Woodbridge Foam Corporation, Borealis AG, Sealed Air Corporation, Zotefoams PL, Armacell International S.A., Arkema Group, Fritz Nauer AG, and Recticel Group, among others.

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape. The study also covers the market analysis, and an in-depth analysis of the application segment is offered based on their market size, rate of growth, and trends.

Type Outlook (Revenue, USD Billion; 2017-2027)

Polystyrene Foam

Polyurethane foam

Pvc Foam

Phenolic Foam

Polyolefin Foam

Melamine Foam

Others

Foam Type Outlook (Revenue, USD Billion; 2017-2027)

Rigid

Flexible

Application Outlook (Revenue, USD Billion; 2017-2027)

Packaging

Building & Construction

Furniture & Bedding

Automotive

Rail Wind

Marine

Others

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Regional Outlook of Polymer Foam Market:

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Polymer Foam market is analyzed on the basis of key geographical regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report analyzes the key geographies in detail, along with their prime countries and regions.

The regional analysis covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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