Global Polymer Foams Market

The GMI Research forecasts that the Polymer Foams Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the remarkable increase in the demand from different industry verticals such as furniture, construction, and automotive.

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Introduction of the Polymer Foams Market

Polymer foams or foamed plastics, consist of a solid and gaseous phase formed from polymers. One of the extensively used polymer foams is polyurethane foams, owing to its low density and thermal conductivity. They are manufactured in many different ways like slab-stock by pouring, extrusion and different forms of molding.

Key Players of the Global Polymer Foams Market:

• Arkema Group
• Recticel NV
• BASF SE
• Armacell International S.A.
• Koepp Schaum GmbH
• Polymer Technologies, Inc.
• Borealis AG
• Rogers Corporation
• Fritz Nauer AG
• JSP Corporation

Polymer Foams Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The major driver responsible for the growth of the global polymer foams market includes its wide usage across a different range of products, which include pipe covers, roll coverings, facades, and food packaging. In addition, the ongoing technical advancements like the launch of bio-based polyols and non-toxic isocyanates and strategic innovations by existent and new market players to enhance their production process and earn higher margins will further strengthen the polymer foams market size. Leading multinationals such as Bayer and Dow Chemical Company have established innovative manufacturing processes and raw materials to restrict the reliability of traditional fossil-fuel-based resources and escalate their production yield. The growing influence of sustainable building materials and the robust demand from key application areas are some other factors contributing to the enlargement of the market.

Furthermore, the widespread outbreak of the coronavirus pandemic has negatively influenced market growth by disrupting the production process and supply chain throughout the world. These products are increasingly used across these sectors. Thus their decreasing operational capacity will hinder the polymer foams market share. Also, as per the polymer foams market outlook, the aggravating apprehension concerned with their sustainability will hinder the market growth.

Polymer Foams Market Segmentation:

Segmentation by Type

• Polyurethane Foam
• Polystyrene Foam
• Pvc Foam
• Phenolic Foam
• Polyolefin Foam
• Melamine Foam
• Others

Segmentation by Application

• Packaging
• Building Construction
• Furniture Bedding
• Automotive and Transportation
• Wind
• Others

Segmentation by Region:

• North America
  • United States of America
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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