The global polymer foam market size is anticipated to around USD 154.3 billion by 2026, this market is anticipated to grow with 4.3% CAGR during the forecast time period. The market is driven by rising applications in businesses, for instance automotive, packaging, furniture and bedding.
Emerging applications in end- industries, for example, automotive, furniture and bedding, and packaging, are relied upon to drive the market over the forthcoming years. Polymer foam are to a great degree lightweight and adaptable, exceptionally solid, build-up safe, and dermatologically-accommodating. These properties make them sheltered and recommendable for various buyer applications.
Among different kinds of polymer foam, Polyurethane (PU)- based foam are broadly utilized in various applications as they are recyclable, lightweight, flexible, sturdy, and impervious to erosion and vibration. In any case, a few governments and bureaucratic offices are progressively raising concerns with respect to unfavourable wellbeing impacts of isocyanates used in polyurethane generation.
The market is segmented based on type into Polyurethane (PU) foam, polystyrene foam, Polyvinyl Chloride (PVC) foam, phenolic foam, polyolefin foam, melamine foam, and others. Polystyrene foam was the biggest section and represented 32.2% of the worldwide income previously. Extended polystyrene-based items have fantastic stun retaining properties and are favored in putting away, bundling, and transporting of electrical gear, cooked sustenance, and short-lived merchandise. It is additionally favored in a few marine floatation applications including development of skimming docks, surfboards, and vessel stands.
Market By Type
Market By Application
Market By Geography
Asia Pacific was the biggest area and represented 39.38% of the worldwide income share in 2017. Uplifting standpoint for assembling industry in light of developing spotlight on innovative work combined with ideal government activities to draw in speculations is relied upon to result in local market extension. Quickly extending vehicle and bundling businesses in developing economies, for example, India and China, are additionally expected to drive regional development. Rising remote direct venture is likewise expected to contribute toward the market advancement.
The U.S. regional market was driven by the developing demand for PU and polystyrene foam in building and development and marine applications and PVC foam in wind vitality applications. As indicated by the U.S. Division of Housing and Urban Development, the new private lodging culminations expanded from roughly 900 thousand units in 2014 to 1,200 thousand units in 2018. This consistent increment in private units had driven the demand for PU foam in the building and development division.
Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with the Woodbridge Foam Corporation, BASF SE, Zotefoams PL, JSP Corporation, Sealed Air Corporation, Borealis AG, Recticel Group and Armacell International S.A.
Introduction Oil spill is a general term used for contamination of sea, soil or land by oil or release by accident or mistake. Oil sources are spread throughout the world and are drilled both onshore and offshore. Since oil is a key source of energy, it is important that oil be consistently distributed and shipped. Oil is mainly transported by sea vessels and land pipelines. The ve
Introduction Nylon is a lightweight, tough synthetic polymer that is capable of producing as a molded, filamented and sheet object, and has a chemical structure. It is a thermoplastic, silky material that after melting process can be converted into films, fibers and forms. Two synthetic polymers are nylons 6 and 66 known to be polyamides used in the automotive, plastic and textile
In 2017, the global Vanadium market was approximately 86.47 Kilotons and is expected to grow at the CAGR of 6.6% during the forecasted period 2019-2026. Vanadium is a chemical element discovered by Andrés Manuel del Río and atomic number 23. Owing to its various properties such as ductile and malleable transition metal it has found a wide array of application in vario
Personal care are the products used for daily tasks for bathing, showering, dressing and toileting, applying creams and lotions, all in the comfort of the home. During last few years, there is a significant increase in the demand for the organic products which has ultimately boosted the market for the organic personal care. Wide arrays of organic products are available in the market which includes hair care, skin care, oral care, cosm
Emulsion polymers are obtained through combination of monomer, surfactants, and water. Oil and water based are most commonly used emulsion polymers. Emulsion polymers are majorly used for paints & coatings, automotive applications as they exhibit low VOC. Regulations such as REACH and clean air act are the major factors driving the emulsion polymer market. The market research study on &
Automotive wrap films are vinyl based graphic used on the paint of the vehicle for the purpose of enhancing the vehicle’s appearance. Automotive wrap films are also used to protect vehicle’s original paint from environmental hazards such as corrosion and dust. Average shelf life of an automotive wrap film is reported to be approximately five years, thereby making it cost effective. As they are affordable, hence they are al