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Polymer Foam Market - Global Industry Analysis

Polymer Foam Market by Type (Polystyrene Foam, Phenolic Foam, Melamine Foam, PVC Foam, Polyurethane Foam, and Polyolefin Foam) By Application (Building & Construction, Packaging, Automotive, Furniture & Bedding,): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 30-Jun-2021 Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-161 Status : Published

The global Polymer Foam market accounted for USD 111.4 billion in 2020 and is expected to reach USD 161.5 billion by 2028, growing at a CAGR of around 4.6% between 2021 and 2028.

Description

Market Overview                    

The global Polymer Foam market accounted for USD 111.4 billion in 2020 and is expected to reach USD 161.5 billion by 2028, growing at a CAGR of around 4.6% between 2021 and 2028.            

Polymer foam are also called as plastic foams, foamed plastics which consist of a solid and gaseous phase. These polymers are widely used as polyurethane foams, owing to its low density and thermal conductivity. Different types of polymer foams include polyurethane (PU), polystyrene (PS), polyolefin (PO), phenolic, and others. Such materials are majorly used in disposable packaging of fast-food, the cushioning of furniture and joint filler in various construction projects.

The entrance of new players in the polymer foam market is also set to propel the market growth. For example, in March 2019, Sika AG, a specialty manufacturer of materials of automotive and construction industries, acquired Belineco LLC, a Belarus-based producer of polyurethane foams systems. This acquisition strengthen its technology to manufacturer polyurethane foams.

COVID-19 Impact Analysis:

The restrictions imposed by various nations to contain COVID had stopped the demand and supply resulting in a disruption across the whole supply chain. However, the global markets are slowly opening to their full potential and theirs a surge in demand. The market would remain bullish in upcoming year. The polymer form market has been severely impacted by Covid-19 pandemic. This is attributed to stringent regulation of economies across the globe to maintain lockdown, and due to social distancing norms, manufacturer are unable to operate at full strength which has led to decrease in production supply.

Growth Factors

Massive product penetration in automotive and construction sectors is anticipated to enhance the revenue of polymer foam market over the next few years. Apart from this, the rapidly emerging packaging sector is likely to drive the demand for polymer foams over the coming years. Eco-friendly features of the product such as high sustainability and recyclability are forecast to impel the polymer foam market growth in the forthcoming years.

Consumers across the metro cities are showing interest in purchasing new electronics devices, such as new smart phones; LED TV, thus, influencing the market growth. Furthermore, such types of polymer foams can be easily assembled for arm rests, head rests, hospital beds, and cushioned instrument panel. Such wide range of applications of polymer foams is expected to garner significant market growth.

Report Scope:  

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview  

On the basis of type, polymer foam market has been divided as Polystyrene Foam, Phenolic Foam, Melamine Foam, PVC Foam, Polyurethane Foam and Polyolefin Foam. Polyurethane Foam held the major share in the market and is likely to remain dominant throughout the forecast period. This is attributed to growing application of polyurethane in transport, furniture and construction applications.

Based on Application, packaging application accounted for the largest share in the market. This is attributed to rising demand for lightweight polymers in various industries, which will indirectly influenced the market growth.

Key Market Players & Competitive Landscape

The major players operating Polymer Foam market are BASF, SE, the DOW Chemical Company, Armacell International S.A., Stepan Company, JSP Corp, INEOS Group, Adeplast S.A., Woodbridge Foam Partner and amongst others.

 The global polymer foam market is segmented as follows:

By Type

  • Polystyrene Foam
  • Phenolic Foam
  • Melamine Foam
  • PVC Foam
  • Polyurethane Foams
  • Polyolefin Foams

By Applications   

  • Building & Construction
  • Packaging
  • Automotive
  • Furniture & Bedding
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 : Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 : Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Pulymer Foam Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 : COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 : Pulymer Foam Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Pulystyrene Foam
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Phenulic Foam
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Melamine Foam
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. PVC Foam
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Pulyurethane Foames
      • 4.6.1. Market Size and Forecast, By Region (USD Billion)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.7. Pulyulefin Foames
      • 4.7.1. Market Size and Forecast, By Region (USD Billion)
      • 4.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 : Pulymer Foam Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Building & Construction
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Packaging
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Automotive
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Furniture & Bedding
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Others
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Pulymer Foam Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Type Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Pulymer Foam Market: Company Market Share, 2019
      • 8.1.2. Global Pulymer Foam Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Pulymer Foam Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Pulymer Foam Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. BASF, SE
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfulio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. The DOW Chemical Company
    • 9.3. Armacell International S.A
    • 9.4. Stepan Company
    • 9.5. JSP Corp
    • 9.6. INEOS Group
    • 9.7. Adeplast S.A
    • 9.8. Woodbridge Foam Partner
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodulogy
    • 11.1. Research Methodulogy
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Polymer Foam market. Zion Research has collected and analyzed key data belong to the global Polymer Foam market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Polymer Foam across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Polymer Foam industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Polymer Foam market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Different gases and solid phases are mixed together to form polymer foam. Primarily the polymer foam is obtained from chemical resins such as polyurethane, polystyrene, phenolic and polyvinyl chloride. It possesses different chemical properties such as flexibility, low density, and heat transfer capacity. It is extensively used in different industries such as food and beverages, packaging, construction, furniture and amongst others.

Global polymer foam market is primarily driven by heavy demand from automotive industry across the globe. The polymer foam has multitude uses in the automotive industry for various components of the automobile such as headlights, cables, gasket and cushioning. In addition, stringent environmental rules and regulations imposed by government are likely to facilitate the demand for polymer foam in near future years. Nevertheless, volatile prices of feedstock are likely to slow down the growth of the polymer foam market. Furthermore, growing demand for polymer foam from building and construction is likely to open new doors for the major manufacturers of polymer foam across the world over the years to come.

Global-Polymer-Foam-Market

Based on the types of foam, the global polymer foam market is segmented into different foam such as polystyrene foam, phenolic foam, melamine foam, PVC foam, polyurethane foam and polyolefin foam and others. Among all, polyurethane foam was leading segment of global polymer foam market in 2015. Further, it is also predicted to have its dominance over the entire market in coming years. This growth is attributed to robust demand coupled with the cost to performance characteristics. It comes in two distinct forms such as flexible and rigid. Whereas, rigid polyurethane foam is employed for thermal insulation and flexible polyurethane foam is utilized in cushioning purposes in various applications. Moreover, polyolefin foam is expected to experience the lucrative growth in near future owing to the mounting demand from building and construction industry.

The global polymer foam market has various applications. Out of them some of the major applicants that are included in the market are building & construction, packaging, automotive, furniture & bedding, and other applications. Building and construction were the foremost application segment of global polymer foam market in 2015. It accounted for more than 30.0% share of the total volume consumption and it is also predicted to continue this trend in coming years. Moreover, packaging was the second largest application segment for the same year. Automotive and furniture & bedding are the important outlets that are projected to have significant growth rate within the forecast period.

In terms of regions, with the significant shares of global polymer foam market, Asia Pacific held a dominating position in the market in 2015. Furthermore, it is also expected to remain dominant region for polymer foam market during the years to come owing to the rising demand from the construction industry. Countries such as China, India, Malaysia and Indonesia are expected to contribute towards the strong demand for polymer foam due to emerging automotive and construction industry in these countries. Moreover, Europe was the second largest market in the same year. North America and Latin America is also the augmenting market that will witness the exponential growth in near future.

Some of the key players of global polymer foam include BASF, SE, the DOW Chemical Company, Armacell International S.A., Stepan Company, JSP Corp, INEOS Group, Adeplast S.A., Woodbridge Foam Partner and amongst others.


Frequently Asked Questions

The global Polymer Foam Market was valued at USD 111.4 Billion in 2020.

The global Polymer Foam Market is expected to reach USD 161.5 Billion by 2028, growing at a CAGR of 4.8% between 2021 to 2028.

Some of the key factors driving the global Polymer Foam Market growth are Growing application of polymer foam in building and construction business, Increase in disposable income, and Rise in demand of polymer foam in electronics packaging.

Asia Pacific ruled the Polymer Foam market with over 30% share and has a sturdy attendance in the market. Owing to the massive demand in construction and packaging industries. The emerging economies in Asia-pacific are procuring various foreign equipment; thus, improving the production efficiency. In addition, industry players adopted various business expansion strategies, which further improved the overall production capacity in Asia-pacific.

Some of the major players of global Polymer Foam market BASF, SE, the DOW Chemical Company, Armacell International S.A., Stepan Company, JSP Corp, INEOS Group, Adeplast S.A., Woodbridge Foam Partner and amongst others.

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