Global Technical Foam Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Technical Foam Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Technical Foam has a comprehensive range of technical foams can be cut from a block, sheet and moulded foam to create all manner of shapes. Open and closed cell foams in a vast range of colours are available. Foam has become an indispensable industrial material due to its versatility and flexibility.

Market Overview:

The latest research study on the global Technical Foam market finds that the global Technical Foam market reached a value of USD 19364.04 million in 2022. It’s expected that the market will achieve USD 25566.48 million by 2028, exhibiting a CAGR of 4.74% during the forecast period.

Strength

Mature technology

Wide range of product applications

Downstream demand rises

Weakness

Material cannot be recycled

Restrictions of laws and regulations

Opportunity

Rapid growth in related industries such as the automotive industry

The emergence of merging industries Technological innovation

Threat

Increased environmental pollution

Increase in population demand

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

FXI is one of the major players operating in the Technical Foam market, holding a share of 7.64% in 2018.

FXI is a leading producer of foam innovation for the Home, Healthcare, Electronics, Industrial, Personal Care and Transportation Markets. Their products include finished goods, sub-assemblies, services and raw materials for OEMs, fabricators and retailers. Customers will find FXI's foam innovations inside, around and under themselves in countless applications. They protect automobile passengers on the highway and fragile electronic components in shipment. They help consumers sleep sounder and furniture manufacturers create comfort. They provide for sharper images in digital printers and copiers and help consumers keep their homes clean. They provide critical components for filters, dispensers, gaskets and seals in everything from blood oxygenators to computer disk drives.

Carpenter Co. is the world's largest producer of comfort cushioning products. They may not be well recognized, but customer come in contact with their products every day. They help make customers’ carpet cushier, customers’ furniture cozier, and customers’ bedding plusher. They bring comfort to customers’ life. ® Their guiding principles of continuous improvement, innovation, customer service, and integrity are as important now as they were at their founding in 1948. Their commitment to these principles drives everything they do, every day, for every customer, and has made Carpenter Co. a worldwide leader in their industry, the industries they serve, and the products they deliver. Urethane Foam, Molded Foam, Carpet Cushion, Furniture Cushioning Foam and Fiber Application, Fiber, Bedding, Nonwovens, Consumer Products, EPS, In Place Packaging Foam, Chemicals and Chemical Systems, Tirefill.

Segmentation Overview:

Among different product types, Polyurethane Foam segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Automotive segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Technical Foam market covered in Chapter 3:

Polyfoam Corporation
Carpenter
ACH Foam Technologies
NMC
Changzhou Tiansheng New Materials Co., Ltd.
FXI
INOAC
Sonoco Products
Pregis Corporation
Plymouth Foam
Foam Fabricators
Wm. T. Burnett & Co.
Tucson Container Corporation
Sealed Air Corporation
FoamPartner
Rogers Foam Corporation
Vita

In Chapter 4 and Chapter 14.2, on the basis of types, the Technical Foam market from 2018 to 2029 is primarily split into:

Expanded Polystyrene
Polyurethane Foam
Expanded Polyethylene
Expanded Polypropylene
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Technical Foam market from 2018 to 2029 covers:

Acoustic Foam
Automotive
Medical
Consumer Products
Hygiene Products
Packaging
RV
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)