PU is the largest segment of Polymer Foam Market


Posted December 27, 2018 by Chemical-Research-Expert

The market size of polymer foam was USD 89.62 Billion in 2016 and is estimated to reach USD 126.08 Billion by 2022, at a CAGR of 5.86% between 2017 and 2022.

 
The report "Polymer Foam Market by Type (PU, PS, PO, PVC, Phenolic, Melamine), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region - Global Forecast to 2022", The market size of polymer foam is projected to grow from USD 94.86 Billion in 2017 to USD 126.08 Billion by 2022, at a CAGR of 5.86% from 2017 to 2022. It is driven by its wide range of end-use industries, namely, building & construction, furniture & bedding, packaging, automotive and others. In addition, the high demand from the automotive industry, especially in gaskets, headliners, cushioning, and cables applications, is expected to drive the market.

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Top-down and bottom-up approaches have been used to estimate and validate the size of the global market and various other dependent submarkets in the overall polymer foam market. The research study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, Polyurethane Foam Association (PFA), European Association of Flexible Polyurethane Foam (EUROPUR), and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the polymer foam market.

Scope of the Report:
This research report categorizes the polymer foam market on the basis of type, end-use industry, and region.
On the basis of Type:
• Polyurethane (PU)
• Polystyrene (PS)
• PVC
• Phenolic
• Polyolefin (PO)
• Melamine
• Others
On the basis of End-use Industry:
• Packaging
• Building & construction
• Furniture & bedding
• Automotive
• Footwear, sports & recreational
• Others
On the basis of Region:
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America

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Polymer foams are manufactured from various raw materials such as polymeric resins, pentane, methylene diphenyl diisocyanate (MDI), toluene diisocyanate (TDI), naphthol, polyol, and other additives. The raw materials available in the market are supplied by major companies such as BASF (Germany), JSP (Japan), Armacell (Germany), Borealis (Austria), SABIC (Saudi Arabia), and others.
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Issued By marketsandmarkets
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Categories Blogging
Tags polymer foam industry , chemical , polymer foam , polymer foam market
Last Updated December 27, 2018