Title: Polymer Foam Market Report – Forecast (2022-2027)
1Polymer Foam MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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The Polymer Foam Market size is projected to grow
at a CAGR of 4.1 during the forecast period
2022-2027 and reach US101.8 billion by 2027. The
expansion of the polymer foam market is primarily
driven by its usage in the automotive industry.
In 2020, the surge in the COVID-19 pandemic
negatively impacted automotive production
activities, thus, temporarily affecting the
growth of the polymer foam industry. However, a
steady recovery in automotive production
activities has been witnessed since 2021, which
in turn, is driving the demand for polymer foam.
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- Key Takeaways
- Polyurethane foam type held a significant share
in the Polymer Foam Market 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 Polymer
Foam in the market. - The Building construction industry held the
largest share in the Polymer Foam Market in 2021,
owing to the increasing demand for Polymer Foam
from the building construction sector across
the world. - Asia-Pacific dominated the Polymer Foam Market in
2021, owing to the increasing demand for Polymer
Foam from the building construction sector in
the region. In 2021, the Vietnamese government
proposed around 266 residential housing projects
across the country which are scheduled to be
completed by 2025.
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By Distribution Channel- Segment
Analysis Polyurethane foam type held a
significant share of the Polymer Foam Market (a
share of over 20) in 2021, owing to the range of
characteristics and benefits it offers over other
types of polymer foam. For instance, polyurethane
foam offers better noise reduction and shock
absorption in comparison to ethylene-vinyl
acetate (EVA), polyethylene (PE), polyvinyl
chloride and other types of polymer foam. It is
comparatively lightweight and offers excellent
resistance to moisture, air and mold. Moreover,
it is quite versatile, can be easily adapted to a
range of designs and is more economical in
comparison to other types of polymer foam. Hence,
all of these properties are driving its demand
over other types of Polymer foam, which in turn,
is expected to boost market growth during the
forecast period.
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- Polymer Foam Industry Outlook
- Arkema Group
- Armacell International S.A.
- BASF SE
- Borealis AG
- Fritz Nauer AG
- Koepp Schaum GmbH
- JSP Corporation
- Polymer Technologies, Inc.
- Recticel NV
- Rogers Corporation
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Polymer Foam Market Forecast (2022 - 2027)
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oam-market.html?
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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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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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