DUBLIN--(BUSINESS WIRE)--The "Polymer foam Market By Type By End Users and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The growing usage of polymer foam in construction and building applications is fostering the market growth of polymer foam. The companies are indulged in R&D activities to innovate and develop new products, which can open new paths of applications.
Key Market Insights
The increasing awareness across the globe, especially developed regions along with increasing demand from end user industries is accelerating the growth of polymer foam. On the other hand, growing economies and increasing per capita income along with technological innovations to bring down the prices are making polymer foam more affordable & efficient.
The increased innovation and R&D is helping in expansion of polymer foam application areas providing additional growth opportunities to the market.
Increasing demand for polymer foam from the automotive, packaging, and building and construction industries is driving the polymer foam market globally. Asia Pacific is dominating the market of polymer foam during the forecast period, followed by North America and Europe. Polymer foam is used in various applications.
The growth of the end-user industries is likely to drive the growth of the polymer foam market during the forecast period. The companies working in the manufacturing of polymer foam are actively participating to increase their product ranges along with improvements in supply networks and thus enhancing their positions in the polymer foam market.
Few of the prominent companies operating in the polymer foam market are BASF, LANXESS, Huntsman, DowDuPont and SABIC.
Some of the major customers are FIAT, UFP Technologies, VINCI, Volkswagen Group, and Sika AG.
Market Dynamics
Drivers
- Growing automotive and packaging industry
- Increased demand from Asia Pacific
Restraints
- Increasingly stringent regulations by regulatory bodies
- Fluctuations in raw material prices
Opportunities
- Growing end-use industry manufacturers in Asia Pacific
- Large untapped market in developing and underdeveloped countries
DRO - Impact Analysis
Patent Analysis
Key Topics Covered:
1 Executive Summary
2 Market Positioning
3 Market Outlook
4 Market Characteristics
5 Polymer Foam, By Type
6 Polymer Foam, By End Users
7 Polymer Foam, By Geography
8 Competitive Landscape
9 Vendor Profiles
10 Customers Profile
11 Companies to Watch for
Companies Mentioned
- BASF
- DowDuPont
- Fiat
- Huntsman
- Lanxess
- SABIC
- Sika AG
- UFP Technologies
- VINCI
- Volkswagen Group
For more information about this report visit https://www.researchandmarkets.com/research/3frwx7/polymer_foam?w=4
