Global Foam Compounds market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period.
This study categorizes the global Foam Compounds breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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This report focuses on the top manufacturers' Foam Compounds capacity, production, value, price and market share of Foam Compounds in global market.
The following manufacturers are covered in this report:
Foam Compounds Breakdown Data by Type
The worldwide market for double coated foam tape is set to foresee an anticipating expansion all through an eight-year assessment period 2018-2026, at a 5.5% CAGR. The global market is projected to gain a revenue worth of about US$ 1.1.8 Billion towards the end of the forecast period. The prominent fuelling aspect propelling the requirement for double coated foam tape worldwide are the attributes of the double coated foam tape, for instance, mounting, noise reduction and sound & vibration dampening.
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Geographically, the Asia Pacific double coated foam tapes market is projected to foresee a robust expansion all through the conjecture time frame. The quick expansion of the manufacturing infrastructure, technological progressions as well as trouble-free accessibility of raw materials direct towards promising expansion in the region. China, the top double coated foam tape producer, is pegged to foresee remarkable growth all through the conjecture time frame as well as will probably witness expansion at a CAGR of higher than 7% towards the end of the forecast year. Europe is in addition projected to exhibit remarkable expansion all over the period of assessment. Conversely, in North America, the US is considered to continue to stay a prominent double coated foam tape producer all over the world and is estimated to reflect robust expansion all through the projection tenure.
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In terms of the material type, the global market includes Polyvinyl Chloride (PVC), Polyurethane Resins (PUR), Polyethylene (PE) and Others (PET, PP etc.).The polyethylene captures the maximum shares since it introduces sought-after physical transformation in the double coated foam tapes. In terms of the application, the global market includes mounting, glass glazing, sound dampening, bonding and high-temperature applications. The high temperature and mounting applications category jointly capture higher than 60% of the overall market share in the worldwide market for double coated foam tape towards the end of the assessment period. In terms of the adhesive type, the worldwide market includes silicon-based, rubber-based and acrylic-based.On the basis of the end use, the worldwide market includes building & construction, automotive, electrical & electronics and household. Of these, the automotive category is projected to hold close to 38% of the overall market share in the worldwide market for double coated foam tape towards the end of the assessment period.
The major market player manufacturing in the worldwide market are 3M Company, Parafix Tapes & Conversions Ltd., V. Himark (USA) Inc., Saint-Gobain Performance Plastics Corporation,Guangzhou Broadya Adhesive Products Co., Ltd, Adhere Industrial Tapes, Nitto Denko Corp, Lamatek Inc, S Gergonne Industrie SAS, Adhesive Applications Inc., Avery Dennison Corporation, Tesa SE Group, Intertape Polymer Group Inc., Scapa Group plc., Berry Global Group, Inc., Bow Tape Co., Ltd, Shanghai Yongguan Adhesive Products Corp.,Ltd., J R Tape Products Pvt. Ltd., Essentra plc. and Others.
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COVID-19 Impact Analysis on Polystyrene Foam Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Polystyrene Foam Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/polystyrene-foam-market/download-sampleMarket DynamicsThe market is driven by the rising prominence of insulation property in the construction industry of developed regions, including China and India, which is expected to aid the usage of high-quality polymers.
Further, growing demand for cold chain packaging in the pharmaceutical sector to increase product safety, lifespan and maintain the freshness of products in the food and beverage sector during transportation is expected to boost the growth of the market.
Also, an advancement in the frozen food industry in developed countries is expected to increase EPS' scope in the packaging sector over the forecast period.
Moreover, an increase in population and urbanization in emerging economies, including Brazil, India, and China, has increased the government spending in the manufacturing sector of packaging, construction, and automotive industries.