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Engineered Foam Market by Material Type, Form, End User, Region - Global Forecast to 2026

Engineered Foam Market: Global Forecast until 2026

  • December 2016
  • 192 pages
  • ID: 4430750
In this report:
THE POLYSTYRENE SEGMENT IN LATIN AMERICA IS EXPECTED TO GROW FROM ##.## KT IN 2015 TO ##.## KT BY 2021, AT A CAGR OF ##.##% DURING FORECAST PERIOD.
THE GLOBAL PRODUCTION VOLUME FOR ENGINEERED FOAMS WAS ##,##.## KT IN 2015, AND IS PROJECTED TO REACH ##,##.## KT BY 2021, AT CAGR OF ##.##% BETWEEN 2016 AND 2021.

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"The overall engineered foam market size is projected to extend ~$122.3B by 2026"

The overall engineered foam market was estimated at ~$57.3B in 2016, and is forecasted to reach ~$122.3B by 2026, at a compound annual growth rate (CAGR) of 7.90 percent from 2016 to 2026. The main key factors presumed to drive the increase of the market contain high transition together with shorter product life cycles in end-use industries along with increased space research activities. Rise in the number of developments in the construction, sports & leisure, and automotive markets is also anticipated to further boost this market.

"Polyurethane: the biggest segment of the market, established on material type"

Established on category, the engineered foam market was broken down into polyurethane, polystyrene, polyvinyl chloride, polyolefin and others. Polyurethane was the most important segment of the overall engineered foam market in 2015. Polyurethanes are among the most versatile construction materials that can be formulated for several insulation and cushioning applications. They can be strong elastomers or rigid plastics, and they can be processed using extrusion, injection molding, film blowing, solution dipping, and two-part liquid molding. According to its unique physical characteristics, this foam is steadily replacing traditional plastic components and metals. Polyurethane foams are widely used in different end-use sectors, including aerospace & defense, medical & healthcare, transportation, manufacturing & construction, and others.

"Aerospace & Defense: the biggest end-user"

Aerospace & defense sector controled the overall engineered foam market in 2015 and is anticipated to dominate the sector during the estimate period. This high increase is assigned to the use of high-power engines with higher calorific value fuels for better combustion. Engineered foams are primarily used as materials for sealants, gaskets, insulations, and dampers. Growing space research activities is another factor that is predicted to push the demand in this market during the outlook period.

"APAC: the quickest-rising regional market for engineered foam"

Asia-Pac is anticipated to be the quickest developing market for engineered foam. The continuous increase in manufacturing activities for domestic use as well as exports drive the industry demand for engineered foam.

Key players' distribution profiles:

- By Company Type: Tier 1 - 11.0 percent, Tier 2 - 33.0 percent, and 1/3 3 - 56.0 percent

- By Designation: Director Level - 10.0 percent, C Level - 20.0 percent Others - 70.0 percent

- By area: Europe - 33.0 percent North America - 25.0 percent, Asia-Pacific - 25.0 percent, RoW - 17.0 percent

As a part of qualitative analysis, the study offers a comprehensive review of main market drivers, market restraints, alternatives, and opportunities. It also considers competitive landscape approved by various market players, including The DoW Chemical Company, BASF SE, Bayer (ETR:BAYN), Sekisui Chemical Ltd., Huntsman (NYSE:UN), Trelleborg AB, Inoac Corporation, Recticel NV/SA, Vita S.à r.l. , Armacell GmbH, Foamcraft Inc., FoamPartner Group, Future Foam Inc., UFP Technologies Inc., and Rogers Corporation.

Segment Research

The analysis offers the study of the engineered foam market across different areas. It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including form, end-use sector, and category. Moreover, the market research also comprises a detailed competitive analysis of the top players in the industry together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Why acquiring this study can help you:

This industry report includes the following main aspects:

- What will be the market value by 2021 and what will be the increase rate?

- What are the top market trends?

- What are the top factors projected to drive the sector?

- What are the opportunities that impact market increase?

- Who are the top actors in this sector?

The overall report includes key regions, like North America, Europe (EU), Asia Pacific (APAC), Latin America area, and the Middle East (ME) & African continent, together with country-level review.

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