Title: Automotive Foam Market - Forecast, 2022-2027
1Automotive Foam Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- The Automotive Foam Market size is projected to
grow at a CAGR of 9.0 during the forecast period
2022-2027 and reach US 51.7 billion by 2027.
Automotive foams can be categorized into various
types which include polyolefin, styrene,
polyvinyl chloride, phenolic, melamine,
polyurethane foam and more. They are used in a
wide range of automotive applications such as car
trunk systems, dashboard fillers, seating
elements, door panels, shock-absorbing components
and other similar applications. The expansion of
automotive foam is primarily driven by its usage
in the automotive industry. In 2020, the surge in
the COVID-19 pandemic negatively impacted the
automotive production activities as a result of
the country-wise shutdown of automotive sites,
shortage of labor and the decline of supply and
demand chain all over the world,
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- Key Takeaways
- The polyurethane foam type in Automotive Foam
Market held a significant share in 2021. Its wide
range of characteristics, along with excellent
impact resistance and stain resistance made it
stand out in comparison to other types of
automotive foam available in the market. - Passenger car segment held the largest share in
Automotive Foam Market in 2021, owing to the
increasing demand for automotive foam from the
passenger car sector across the world. The
ability of automotive foams such as sound
absorption, vibration or shock absorption and
insulation makes them ideal for use in multiple
components within passenger cars. -
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By Distribution Channel- Segment Analysis The
passenger car segment held the largest Automotive
Foam Market share of over 25 in 2021, owing to
the increasing production of passenger cars
across the world. For instance, recent insights
from the European Automobile Manufacturers'
Association (ACEA) state that total passenger car
production during the fourth quarter of 2020
reached around 34 million in Asia-Pacific, 14
million in Europe, 1.3 million in the Middle
East/Africa, 1.7 million in South America and 9.6
million in North America respectively. Moreover,
according to the International Organization of
Motor Vehicle Manufacturers (OICA), the total
production of passenger cars in South America,
Asia-Pacific and Africa increased by 11, 7 and
8 respectively in 2021 as compared to 2020.
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- Automotive Foam Market
Outlook - Johnson Controls
- Woodbridge Foam Corporation
- Lear Corporation
- Bridgestone Corporation
- BASF SE
- Armacell
- Rogers Communications
- Vitafoam Nig. Plc
- Saint-Gobain
- The Dow Chemical Company
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Automotive Foam Market -
Forecast, 2022-2027 Learn More About the Report
_at_ https//www.industryarc.com/Research/Automotiv
e-Foam-Market-Research-500380
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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