Polyolefin Foam Market - Forecast (2022-2027)

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Polyolefin Foam MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• The Polyolefin Foam Market size is forecast to
  reach US11.1 billion by 2027, after growing at
  a CAGR of 5.2 during 2022-2027.
• Polyolefin foams are a type of polymer that is
  made by polymerizing a simple olefin such as
  polyethylene, polypropylene and ethylene vinyl
  acetate.
• Polyolefin foams are lightweight, flexible,
  eco-friendly and adaptable robust items that are
  widely used in various sectors for automotive
  interior materials, building base materials,
  air-conditioning insulation materials, packaging
  and others owing to their flame resistance and
  thermal insulation and thermal resistance
  properties.

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• Key Takeaways
• The Asia-Pacific region dominates the Polyolefin
  Foam Market with a CAGR of 6.4 during the
  forecast period (2022-2027) owing to the rising
  growth in the automotive, construction and food
  beverages industry in emerging countries such as
  China and India.
• Rapidly rising demand for polyolefin foam in the
  food beverage industry for packaging is driving
  the growth of the polyolefin foam industry during
  the forecast period.
• The increasing demand for polyolefin foam in the
  medical healthcare sector, due to its usage in
  the production of medical devices insulation and
  other applications, has been a critical factor
  driving the growth of the polyolefin foam market
  in the upcoming years.

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• Polyolefin Foam Market Segment Analysis by
  Resin
• The polyethylene segment held the largest
  Polyolefin Foam Market share in 2021 and is
  expected to grow at a CAGR of 5.4 during
  2022-2027.
• Polyethylene based foam is a low-density,
  chemically cross-linked closed-cell material that
  helps to enhance by the addition of additives and
  modifiers to obtain the desired output.
• The rise in automotive production has exhibited
  that polyethylene makes it a preferred choice
  over the other polyolefin foam resins, which is
  driving its segmental growth.

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Polyolefin Foam Industry Outlook 1. BASF SE2.
Toray Industries, Inc,3. JSP Corporation4.
Hanwha Solutions Chemical Division Corporation5.
Armacell6. Arkema7. SABIC8. Borealis AG9.
Fritz Nauer AG10. Sealed Air
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27/polyolefin-foam-market.html
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