Global Automotive Foam Market trends and business development strategies forecast by 2025 - Johnson Controls, The Dow Chemical Company, Bridgestone, BASF, Recticel, Vitafoam, Armacell, Adient, Saint-Gobain, Woodbridge Foam Corp, Lear Corporation, Rogers F
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Global Automotive Foam Market is expected to reach USD 60.83 billion by 2025, from USD 38.35 billion in 2017 growing at a CAGR of 13.5% during the forecast period of 2018 to 2025.
Well known players of Global Automotive Foam Market are Johnson Controls, The Dow Chemical Company, Bridgestone, BASF, Recticel, Vitafoam, Armacell, Adient, Saint-Gobain, Woodbridge Foam Corp, Lear Corporation, Rogers Foam Corporation, ZOTEFOAMS, UFP Technologies, Inc., Grand Rapids Foam Technologies, Foam Supplies, Inc., Eurofoam Hungary Kft, Caligen Foam and others.
Based on end user application the market is classified
• passenger cars,
• light commercial vehicles,
• heavy commercial vehicles
Based on geography the global automotive foams market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Asia-Pacific and,
• Middle East & Africa
Some of the major countries covered in this report are U.S, Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Based on type the market is segmented polyurethane, polyolefin, styrenic, polyvinyl chloride, phenolic, melamine, & others.
• On the basis of application the market is
• classified heavy commercial vehicles,
• light commercial vehicles, and
• passenger cars and other automotive foam
FREE TOC is available at https://databridgemarketresearch.com/toc/?dbmr=global-automotive-foam-market
The global automotive foams market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive foams market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers & Market Restraint
• Versatility and unique physical properties
• Economic slowdown
• Growth in end-user industries in emerging nations
• Proper disposal & recycling technique
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