One Component Foam Market: Growth Remains Upheld by Resurgent Construction Activities || Key Players: Castelein Sealants, Dap Products, Den Braven Sealants, Dow Chemical Company, Foshan Gunuo Silicone Co.,, Hanno-Werk Aus
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Vendor landscape Remains Highly Splintered in One Component Foam Market
Tier I companies in the one component foam market hold the revenue share of around 35-40% and Tier II & III stakeholders account for 25-30% and 30-35% revenue shares, respectively. The one component foam market is expected to remain highly fragmented with the presence of a large number of stakeholders in the market in several regions.
The study finds Asia Pacific region excluding Japan (APEJ) to be the fastest growing market for one component foam, with significant hold of emerging economies in the region on recent developments. The APEJ region alone accounts for over one third of the global sales of one component foam, and it will continue to be the largest market for one component foam in the upcoming years, according to the study.
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The Fact.MR report divides the one component foam market into its five broad sub-segments – applications, end uses, end-use sectors, sales channels, and regions.
Based on the applications of one component foams, the one component foam market is segmented into four categories – adhesives, insulation, sealing, and filling. Based on the end uses of one component foam, the one component foam market is segmented into doors & windows jams, water pipes, outdoor vents, soffits & roof construction, and walls & ceilings.
The Fact.MR study finds that demand for insulation and filling applications of one component foam are likely to rise, which will make a substantial change in dynamics of the one component foam market. With the recent developments in residential as well as industrial and commercial infrastructures, end-users are experimenting with the applications of one component foam to benefit from unique properties of one component polyurethane foam.
The Fact.MR study features insightful information about critical dynamics of the one component foam market to help readers to fathom future prospects and current growth parameters of the one component foam market. This study is a seamless presentation of unique insights on how the one component foam market will expand across the globe during 2018-2027. The report includes the exclusive predictions about market growth in terms of market size (US$ million) and market volume (tons) during the forecast period.
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