Global Medical Foams Industry

Abstract:

What’s New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year

Global Medical Foams Market to Reach $42.6 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Medical Foams estimated at US$30.3 Billion in the year 2020, is projected to reach a revised size of US$42.6 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027. Polymers, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$22.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Latex segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 7.6% CAGR

The Medical Foams market in the U.S. is estimated at US$8.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.8 Billion by the year 2027 trailing a CAGR of 7.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.7 Billion by the year 2027.

Metals Segment to Record 3.8% CAGR

In the global Metals segment, USA, Canada, Japan, China and Europe will drive the 3.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.2 Billion in the year 2020 will reach a projected size of US$6.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.8% CAGR through the analysis period.

Select Competitors (Total 84 Featured) -
3M Company
Absolute Packaging
Allied Aerofoam Products, LLC
Amatech, Inc.
Amcon American Converters, Inc.
American Excelsior Company
American Flexible Products, Inc.
American Foam Products
American Foam Technologies, Inc.
Armacell GmbH
Avery Dennison Corporation
BASF SE
Bayer AG
Clark Foam Products Corporation
DowDuPont
Flextech, Inc.
Foam Products, Inc.
Foam Sciences
Foam Techniques Ltd.
Foamcraft, Inc.
FoamPartner (Fritz Nauer AG)
Foamtec Medical
Future Foam, Inc.
FXI - Foamex Innovations
General Plastics Manufacturing Co., Inc.
Grand Rapids Foam Technologies
Heubach Corporation
Huntsman Corporation
INOAC Corporation
Intec Foams Ltd.
Parafix Tapes & Conversions Ltd.
Polyformes Ltd.
Recticel NV
Reilly Foam Corporation
Rempac Foam, LLC
Rogers Corporation
Rogers Foam Corporation
Rynel, Inc.
Sekisui Chemical Co., Ltd.
Technical Foam Services
The Woodbridge Group®
Trelleborg AB
UFP Technologies, Inc.
Value Foam, Inc.
Vitacare Medical Products
Wisconsin Foam Products