Press release
Flexible Foam Market Top Key Industry Players: BASF, Bayer, JSP, DOW Chemical Company, Huntsman, UBE, Rogers, The Woodbridge, Recticel and Sekisui
Global Market Insights, Inc.
Growing focus on bio-based flexible foams production is one of the key trends behind the market growth. The vendors are adopting organic products to minimize the harmful effects of chemicals on environment. Also, vendors are substituting their manufacturing techniques with sustainable methods for enhancing their product portfolio with green commodities and are continuously investing in research & development activity.
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Some other key driving indicators for fuelling the flexible foam market is its wide range of applications in several industries which include transportation, furniture, packaging, bedding and textiles. The product is used widely owing to its excellent handling strength, energy absorption, resiliency and durability properties. Upsurge in demand for this product as cushioning material for distinct commercial and consumer products will boost the industry growth.
Further, applications in automotive component engineering, packaging material development, furniture manufacturing and footwear production will enhance the market. Rise in demand of mattresses, bedding, seating, carpet underlay and pillows in both office and home furniture will have a positive impact on flexible foam market. Also, booming textile industries in several regions will propel the industry growth.
Polypropylene, polyethylene and polyurethane foams are the different product types. Among them, flexible polyurethane foams are further available in integral, molded and slab-stock skin. They are structured, flexible and non-reactive to high temperatures and chemicals which makes them appropriate in producing furniture, apparels, automotive, packaging and footwear applications. They are environmental friendly as they can be recycled and reused.
North America dominates the flexible foam market owing to increasing government interventions on energy savings coupled with lowering greenhouse emissions and eco-friendly products. After the crisis, construction industry is maturing with time which will have a positive outlook on the industry. Latin America will also observe a high rise in flexible foam market with increasing automobile and construction industries in several emerging economies including Mexico and Brazil.
Europe flexible foam market is expected to surge due to increasing bio-based PU foam in various applications. Also, the demand for product in engineering and automobile sector is going to rise with growing safety concern and urge for using lightweight vehicles among consumers will impel the industry dynamics.
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MEA flexible foam market will grow significantly owing to various environmental laws promoting usage of eco-friendly products in construction industry. Rapid industrialization and urbanization will further fuel this industry in the region.
Global flexible foam market is highly consolidated and competitive in nature due to presence of several multinational companies. Some of the prominent players are BASF, Bayer, JSP, DOW Chemical Company, Huntsman, UBE, Rogers, The Woodbridge, Recticel and Sekisui.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
Web: https://www.gminsights.com
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