According to a market report by Lucintel, the future of the high heat foam market looks promising with opportunities in the automotive, railway, industrial, and aerospace, industries. The high heat foam market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are growing demand from end use industries, rising awareness of environment friendly, and energy conservation benefits of high heat foam.
In this market, silicone, polyimide, melamine, and polyethylene are the major polymers used to manufacture high heat foam. Silicone is the largest polymer type of the high heat foam market.
Within the high heat foam market, automotive, railway, industrial, aerospace, and others are the major end use industries. Automotive is the largest end use segment for high heat foam.
Asia Pacific will remain the largest market over the forecast period due to increasing demand from end use industries.
BASF SE, Rogers Corporation, Evonik Industries, UBE Industries, Ltd., Wacker Chemie AG, Sabic, Armacell International S.A., Sinoyqx, Puren Gmbh, and Intec Foams are among the major manufacturers of high heat foam.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the high heat foam market by polymer type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled "High Heat Foam Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the high heat foam market by polymer type, end use industry, and region as follows:
By Polymer Type [$M shipment analysis for 2013 – 2024]:
By End Use Industry [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
• North America
− United Kingdom
• Asia Pacific
− South Korea
• Rest of the World
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the high heat foam market by polymer type (silicone, polyimide, melamine, polyethylene, and others), end use industry (automotive, railway, industrial, aerospace, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the high heat foam market?
Q.5 What are the business risks and threats to the high heat foam market?
Q.6 What are emerging trends in this high heat foam market and the reasons behind them?
Q.7 What are some changing demands of customers in the high heat foam market?
Q.8 What are the new developments in the high heat foam market? Which companies are leading these developments?
Q.9 Who are the major players in this high heat foam market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this high heat foam area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in this, high heat foam market?