|By PR Newswire||
|April 3, 2014 07:01 PM EDT||
DUBLIN, April 4, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/hgn7fr/polymer_foam) has announced the addition of the "Polymer Foam Market by Types, Applications & Geography - Global Trends & Forecasts to 2018" report to their offering.
Polymer foams are used in various consumer products that provide durability, comfort, support, and safety. These polymer foams are lightweight and less costly compared to other substitutes such as metallic foams or fiberglass. Their growing demand reflects their versatile nature against other competitive materials. Polymer foams are generally foamed plastics of polymer resins. Flexible polyurethane foam is one of the most versatile materials as it is used in furniture, bedding, carpet cushion, automotive, and packaging applications. There are seven major types of polymer foams available commercially: Polyurethane (PU), Polystyrene (EPS & XPS), Polyolefin (PE & PP), Polyvinyl Chloride (PVC), Phenolic, Melamine, and others.
The global polymer foams market is driven by its diverse range of applications. There is huge demand from the automotive sector which finds its usefulness in a myriad of applications such as gaskets, headliners, cushioning and cables. Environmental regulations from different industry sectors such as plastic, automotive, building and construction, furniture and bedding, packaging and other sectors facilitates the growth of foams. The growing polyolefin foams demand from the automotive and packaging markets is notable in key countries at global levels. New technology and innovations emerge commercially and would be very effective for the growth of foams in future. The APAC region foam market demands for higher consumption due to its larger population needs and their growing activities across constructions and other industries.
The global polymer foams market's revenue was estimated to be worth $82.6 billion in 2012, which is expected to reach $131.1 billion by 2018, growing at a CAGR of 7.7% from 2013 to 2018. The APAC region dominated the global polymer foams market, bestowing 36.5% of the total revenue in 2012. China and US shared 40.0% of the total polymer foam consumption in 2012. The Brazilian polymer foam is one of the fastest amongst major consuming countries
Key market players concentrate on launching new products proving to be the predominant strategic initiative. Following this dominant strategy helped expand their geographical reach for success and increased production capacities. The market witnessed agreements and collaborations, mergers and acquisitions that target developing economies.
The polymer foam market focuses on high research activities to improve the adaptability of the foams to use them in a variety of end-use applications. Environmental regulations, unsuitable in a specific environment, side-effects on usage, such as corrosion of metal surfaces and high prices are some of the major challenges faced by the market.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Polymer Foam Overview
5 Raw Materials And Polymer Foam Price Analysis
6 Global Polymer Foam Market Assessment
7 Market Assessment By Foam Type
8 Market Assessment By Application
9 Market Assessment By Geography
10 Competitive Landscape & Strategies
11 Burning Issues & Winning Strategies
12 Patent And Regulations In Global Polymer Foam Industry
13 Porter Five Forces Analysis
14 Company Profiles
- Armacell LIC
- Borealis AG
- Carpenter Co
- Foampartner Group
- Ineos Styrenics
- JSP Corporation
- Ming Dih Industry Co Ltd
- Nitto Denko Corporation
- Rogers Corporation
- Sealed Air
- Sekisui Alveo AG
- St Gobain Performance Plastics
- The Vita Group
- Woodbridge Foam Corporation
- Zotefoams PLC
For more information visit http://www.researchandmarkets.com/research/hgn7fr/polymer_foam
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets