Polymer Foam Market is
projected to grow from USD 90.7 billion in 2020 to USD 114.8 billion by 2025,
at a CAGR of 4.8%. Polymer foam is largely used in the building &
construction, packaging, and furniture & bedding.
Browse 119
market data Tables and 41 Figures spread through 203 Pages and
in-depth TOC on "Polymer Foam Market”.
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Footwear, sports & recreational
is the fastest-growing segment of the overall polymer foam market.
The footwear, sports &
recreational segment is projected to be the fastest-growing end-use industry of
polymer foam. The properties offered by polymer foams, such as good
thermoforming capacity and creep resistance, make it suitable for use in many
sporting goods such as skis, hockey sticks, snowboards, surfboards, and racing
bicycle wheels. Using polymer foams in sporting goods make the final products
lightweight and durable with high mechanical properties
APAC is the largest polymer foam
market during the forecast period.
APAC is the leading market for
polymer foam. The growth in the region is fueled by the booming economies of
China, India, Indonesia, and Vietnam. Pu resin is a preferred choice in the
building & construction industry in APAC. It is in high demand, as it is a
low-cost material that provides low heat conduction coefficient, low density,
low water absorption, relatively good mechanical strength, and good insulating
properties.
APAC is a rapidly developing region
with growth opportunities for companies willing to invest in high-growth
markets.
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The key players profiled in the polymer foam market report are BASF SE
(Germany), Rogers Corporation (US), The Dow Chemical Company (US), Recticel
NV/SA (Belgium), Sealed Air Corporation (US), Huntsman International LLC (US),
and Armacell International S.A. (Germany).
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sales@marketsandmarkets.com
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