Polymer Foam Market 2024-2028
The polymer foam market is forecasted to grow by USD 26.2 bn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the polymer foam market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in bedding and furniture industry, growth in building and construction industry, and accelerating demand for rigid foams.
Technavio's polymer foam market is segmented as below:
- By Type
- PU
- PS
- PVC
- Phenolic
- Others
- By Application
- Packaging
- Building and construction
- Furniture and bedding
- Transportation
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the augmented investment in research and development of pu foams as one of the prime reasons driving the polymer foam market growth during the next few years. Also, advances in insulation technologies and increasing number of manufacturers in apac will lead to sizable demand in the market.
The report on the polymer foam market covers the following areas:
- Polymer foam market sizing
- Polymer foam market forecast
- Polymer foam market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polymer foam market vendors that include Arkema SA, Armacell International SA, BASF SE, Borealis AG, Boyd Corp., Dow Inc., FXI, Huntsman Corp., Lanxess AG, Mitsubishi Gas Chemical Co. Inc., Mitsui Chemicals Inc., Polymer Technologies Inc., RAG Stiftung, Recticel Group, Rogers Foam Corp., Saudi Basic Industries Corp., Toray Industries Inc., Tosoh Corp., Woodbridge Foam Corp., and Zotefoams plc. Also, the polymer foam market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.