The Global Engineered Foam Market will register a 4.6% cagr in terms of revenue, the global market size will reach us$ 120.56 million by 2027.
The global market for engineered foam can be divided into polyurethane (PUR), polystyrene (PS), polyethylene (PE), and polypropylene (PP) based on the kind of polymer utilised (PP). The interaction between polyols and polyisocynates produces polyurethane. Refrigerators, insulated structures, water heaters, and thermosets all use rigid PUR foam in various applications. PUR is a flexible material that is used to cushion furniture, packaging, and transportation. PUR is also used in automobiles for sound insulation and vibration dampening. Because of its heat insulating characteristics, polystyrene foam is often used to make white polystyrene cups, which are suitable for serving hot beverages. The engineered foam market can also be divided into rigid and flexible structures based on structure.
The Engineered Foam market is primarily driven by rising demand in the industrial process as a result of product and machine damage, wear, and tear during manufacture and transportation. Every day, new applications emerge that demand Engineered Foam due to its qualities like as form resistance, heat and cold resistance, moisture resistance, high tensile strength, and many more.
Who are the major players in Engineered Foam Market?
Top key players in the Engineered Foam market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Engineered Foam market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include DoW Chemical Company (U.S.), BASF SE (Germany), Bayer AG (Germany), Sekisui Chemical Ltd. (Japan), Huntsman Corporation (U.S.), Trelleborg AB (Sweden), Inoac Corporation (Japan), Recticel NV/SA (Belgium), Vita (Lux III), Armacell GmbH (Luxembourg), Foamcraft Inc. (U.S.), FoamPartner Group (Switzerland), Future Foam Inc. (U.S.) and other.
Industry news;
BASF introduces Integral Skin foam that meets EPA SNAP requirements
October 18, 2016 – BASF announced today that its SNAP (Significant New Alternatives Policy) compliant formulation of flexible polyurethane integral skin (iSkin) foam is now available. The innovative iSkin system, Elastofoam® 38610R/3120T, uses a low global warming potential (GWP) blowing agent. This replaces hydrofluorocarbon (HFC) blowing agents that will be placed under restriction by the EPA’s SNAP program because of their higher global warming potential. For integral skin foam, the EPA restrictions begin
Market is segmented based on the type, applications, companies and regions.
By type, Engineered Foam Market has been segmented into
The end user’s industry application on Engineered Foam Market is,
Because of increased demand from countries such as India and China, the Asia-Pacific region is likely to dominate the engineering foams market over the forecast period. Engineered foam can be found in a variety of places, including beds, couches, chairs, seats, and shoes. Memory foam materials give excellent pressure alleviation and support. One of the most appealing features of memory foam is that it conforms to the shape of the body using body heat and pressure. Engineered foam is frequently utilised in the aerospace industry to provide exceptional travel comfort. Engineered foam is used in defence to create protective cases that give more cushioning for fragile equipment while also protecting it from damage. China has set aside USD 177.61 billion for the military and defence industries in 2019.
North america
The Engineered Foam market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Engineered Foam market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report attributes | Report details |
Report title | Engineered Foam Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: DoW Chemical Company (U.S.), BASF SE (Germany), Bayer AG (Germany), Sekisui Chemical Ltd. (Japan), Huntsman Corporation (U.S.) |
Forecast period 2022 to 2028 cagr | Cagr of 4.6% over the forecast period (2022-2027) |
By type |
|
By application |
|
By companies | DoW Chemical Company (U.S.), BASF SE (Germany), Bayer AG (Germany), Sekisui Chemical Ltd. (Japan), Huntsman Corporation (U.S.), Trelleborg AB (Sweden), Inoac Corporation (Japan), Recticel NV/SA (Belgium), Vita (Lux III), Armacell GmbH (Luxembourg), Foamcraft Inc. (U.S.), FoamPartner Group (Switzerland), Future Foam Inc. (U.S.) |
Regions covered |
|
Countries covered |
|
Base year | 2022 |
Historical year | 2017 to 2021 |
Forecast year | 2022 to 2027 |
Number of pages | 121 |
Customization available | Yes, the report can be customized as per your needs |
What is the study period of this Market?
The Engineered Foam market is studied from 2017 - 2027.
What is the growth rate of the Engineered Foam Market?
The Engineered Foam market is growing at a cagr of 4.6% over the next 5 years.
Who are the key players in the Engineered Foam Market?
DoW Chemical Company (U.S.), BASF SE (Germany), Bayer AG (Germany), Sekisui Chemical Ltd. (Japan), Huntsman Corporation (U.S.), Trelleborg AB (Sweden), Inoac Corporation (Japan), Recticel NV/SA (Belgium), Vita (Lux III), Armacell GmbH (Luxembourg), Foamcraft Inc. (U.S.), FoamPartner Group (Switzerland), Future Foam Inc. (U.S.)
What regions does this Engineered Foam Market report covers?
North america (the united states, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of Engineered Foam Market?
Flexible, Rigid, Spray
What are the major end-use applications of the Engineered Foam Market?
Aerospace & Defense, Medical & Healthcare, Transportation, Manufacturing & Construction
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.