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”.
The key players operating in the market 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). These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, and partnership & agreement, to grow in the market. Investment & expansion was the key strategy adopted by the major players between 2016 and 2020. This strategy helped companies enhance their global presence.
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
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BASF SE (Germany) is a diversified chemical company. The company has five business segments: Functional Materials & Solutions, Chemicals, Performance Products, Agricultural Solutions, and Others. The company operates through six integrated production sites and 390 other production sites in Europe. It has a strong customer base and operates in many countries in Europe, North America, APAC, Africa, and the Middle East.
In March 2019, BASF enhanced its regional innovation capabilities with new facilities at the Innovation Campus Shanghai to further strengthen collaboration with the automotive industry and to offer new process catalysts to the chemical industry. With an investment of approximately USD 38.0 million, the new 5,000-square-meter facilities include the Automotive Application Center and the Process Catalysis Research & Development (R&D) Center. One of the innovations include polyurethane (PU) integral foam solutions with an open cell structure offering unique performance as they are light-weight, with excellent sound insulation and flame resistance.
The Dow Chemical Company is a diversified, global manufacturer and supplier of products which are used primarily as raw materials in the manufacture of customer products and services. It operates through three business segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings.
The company caters to numerous end-use industries such as appliances, automotive, agricultural, building and construction, chemical processing, electronic, furniture, house ware, oil & gas, packaging, paint, coating and adhesive, personal care, pharmaceutical, processed food, pulp & paper, textile and carpet, utilities, and water treatment.
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The Heat Resistant Polymers Market is projected to grow from USD 12.03 Billion in 2016 to USD 16.67 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021.Download PDF Brochure at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=237680204Transportation segment is one of the fastest-growing segment of the global heat resistant polymers market.The transportation end-use segment is estimated to account for the largest share of the heat resistant polymers market in 2016, and is projected to be the fastest-growing segment from 2016 to 2021.
This growth is mainly attributed to the increasing use of heat resistant polymers in various automotive components and increasing demand of automobiles in Asia-Pacific and North America region.Polyphenylene sulfide type is the fastest-growing segment of the global heat resistant polymers market.The polyphenylene sulfide segment is projected to be the fastest-growing type segment from 2016 to 2021.
Polyphenylene sulfide is temperature resistant.
In addition, it has superior properties as compared to other polymers, such as superior chemical resistance, flame retardancy, good electrical properties, and high dimensional stability.
These properties are expected to boost the demand for polyphenylene sulfide in the automotive and electronics & electrical industries.Asia-Pacific was the largest market for heat resistant polymers in 2016.Asia-Pacific was the largest market for heat resistant polymers in 2016.
This increased demand can be attributed to the increasing demand from the transportation end-use industry, which accounts for the largest share in the global market, and growing economies of China and India.Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=237680204Companies operating in the global heat resistant polymers market include Arkema SA (France), E. I. du Pont de Nemours And Company (U.S.), Dongyue Group Ltd. (China), DIC Corporation (Japan), Honeywell International Inc. (U.S.), Parkway Products Inc. (U.S.), Schulman AG (U.S.), Caledonian Ferguson Timpson Ltd (Scotland), Panjin Zhongrun High Performance Polymers Co. Ltd (China), Quadrant EPP Surlon India Ltd (India), Tri-Mack Plastics Manufacturing Corp. (U.S.), Huntsman Corporation (U.S.), PolyOne Corporation (U.S.), BASF SE (Germany), Evonik Industries AG (Germany), Celanese Corporation (U.S.), Solvay S.A. (Belgium), Victrex PLC (U.K.), Saudi Arabia Basic Industries Corporation (SABIC) (Saudi Arabia), Covestro (Germany), The Dow Chemical Company (U.S.), Daikin Industries, Ltd. (Japan), Kuraray Co., Ltd. (Japan), RTP Company, Inc. (U.S.), and Ensinger GmbH (U.K.).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
The global polymer foam market size is likely to rise remarkably in the forecast period on account of the increasing demand for polymer foams from the building and construction sector.
Fortune Business Insights provides a detailed analysis of the market in their report titled, “Polymer Foam Market Size, Share & Industry Analysis, By Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC), and Others), By Application (Automotive, Building & Construction, Packaging, Furniture, Appliances, Apparel, and Others), and Regional Forecast, 2019-2026”.
According to the report, the polymer foam market is anticipated to reach USD 154.08 billion by 2026 from USD 110.85 billion in 2018 with a CAGR of 4.28%, within the forecast period of 2019 to 2026.The report offers a comprehensive analysis of the polymer foam market, chiefly focusing on crucial aspects such as growth drivers, restraints, trends, and opportunities.
It also throws light on the current industry insights and key developments of the market.
Besides this, the report lists the names of significant players in the market and major strategies adopted by them in order to stay ahead of the competition.
Detailed segmentation of the market is also provided in the report including the regional segmentation.
Polymer Foam Market Information by Size, Share & Industry Analysis, By Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC) and Others), By Application (Automotive, Building & Construction, Packaging, Furniture, Appliances, Apparel and Others), and Regional Forecast, 2019-2026” List of the significant players operating in the polymer foam market include:The Global Polymer Foam Market Size is probably going to rise amazingly in the forecast period by increase in demand for polymer foams from the building and construction segment.
As indicated by the report distributed by Fortune Business Insights™, the polymer foam market showcase to reach USD 154.08 billion by 2026 from USD 110.85 billion out of 2018 with a CAGR of 4.28%, during forecast period time of 2019 to 2026.SABICKANEKA CORPORATIONBASF SESynthosPolymer Technologies, Inc.Armacell International S.ASealed AirCelanese CorporationTorayTotalSekisui AlveoZotefoams plcBorealis AGArkemaBesides this, the report lists the names of significant players in the market and major strategies adopted by them in order to stay ahead of the competition.
Detailed segmentation of the market is also provided in the report including the regional segmentation.
All information presented in the report is gathered from primary and secondary research methods.
The report is available for sale on the company’s website.As per the current polymer foam market trends, the market is segmented on the basis of type, application, and geography.
In terms of application, the building and construction segment will lead with a 49.10% share.
