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.
The global lignin market value is expected to reach around US$ 907.1 million by 2026 and forecasted to grow at a CAGR of 2% over the time frame 2019 to 2026. The report provides analysis of global lignin market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Insights The worldwide lignin industry is evolving at a good pace, with a favorable develop
The global graphene market is forecasted to grow at a CAGR around 38.2% over the forecast time frame 2019 to 2026 and reach around US$ 552.6 million by 2026. The report provides analysis of global Graphene market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Insights Increasing demand for lightweight and durable products for different parts, incl
The global acetic acid market size is expected to worth around US$ 16.4 billion by 2026 and forecasted to grow at striking CAGR around 6.2% over the forecast time frame 2019 to 2026, According to Acumen Research and Consulting. The report provides analysis of global acetic acid market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Insights Also re
According to Acumen Research and Consulting, the global hydrogen peroxide market size is expected to reach around US$ 6.3 billion by 2026 and forecasted to grow at a CAGR of 5.2 % over forecast period 2019 to 2026. Hydrogen peroxide or H2O2 was identified in 1818 as a chemical compound. It is a transparent liquid that is used mainly in diverse sectors because of its superior bleaching properties. This chemical compound is marginally more viscous than wate
According to Acumen Research and Consulting, the global chondroitin sulfate market size is anticipated to worth around US$ 1.5 billion by 2026 and growing at a CAGR of 3.3 % over the forecast time period 2019 to 2026. Chondroitin sulfate is also regarded as glycosaminoglycan sulfated glucose (GAG). Chondroitin sulfate comprises a large alternating sugar chain including glucuronic acid and N-acetylgalactosamine. Chondroitin sulfate is a chemical compound d
Introduction According to Acumen Research and Consulting, the global biological seed treatment market size is expected to worth around US$ 2 billion by 2026 and to grow at striking CAGR around 11.2 % from 2019 to 2026. The report provides analysis of global Biological Seed Treatment market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Ins