Polymer Foam Market size was valued at US$ 94.81Bn in 2017 and it is expected to reach US$ 166.62Bn by 2026, at a (compound annual growth rate) CAGR of 7.30%.
Market is driven mainly by large-scale use of polymer foam in building & construction, packaging, automotive, furniture & bedding among others. Polymer foam also has high demand in automotive sector for its utilization in cushioning, gaskets, headliners and cables applications. Polymer foam manufacturers determine the cost structure of any product by considering the availability of raw material. New emerging technologies along with continuous innovations drive the demand for polymer foam in these industries.Polymer Foam MarketBased on requirements various type of polymer foam are used across end-use industries. They possess different properties that change as per the application. Polymer Foam market is divided based on their type, end-use industry and geography. On the basis of type, polymer foam market has been divided into Polyurethane (PU), Polystyrene (PS), PVC, Phenolic, Polyolefin (PO), and Melamine among others. In addition to this, building & construction, packaging, automotive, furniture & bedding, footwear and sports & recreational among others form the major end-use industries for this market.
The Scope of the Report:
Polymer Foam Market, By Type:
- Polyvinlychloride
- Phenolic
- Polyolefin
- Polyurethane
- Polystyrene
- Melamine
- Others
Polymer Foam Market, By End-use Industry:
- Furniture & bedding
- Automotive
- Footwear, sports & recreational
- Packaging
- Building & construction
- Others
Polymer Foam Market, By Geography:
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- Latin America
Key Players Operating in the Polymer Foam Market:
- BASF (Germany)
- JSP (Japan)
- Armacell (Germany)
- Borealis (Austria)
- SABIC (Saudi Arabia)
About company information-
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.