Press release
Elastomeric Foam Market Analysis, Trends and Industry Forecast 2023 - Armacell International SA, Hira Industries LLC, Zotefoams PLC, Huamei, Kaimann GmbH, Jinan Retek Industries Inc., NMC SA, Grando, Sekisui Plastics Co. and Rogers Foam Corporation
Increasing use of Elastomeric Foam in HVAC systems is likely to augment market growth during the forecast period
The Global Elastomeric Foam Market has been segmented by Type, Application and Region.
On the Basis of Type, the market has been divided into natural rubber and synthetic rubber, which includes nitrile butadiene rubber, ethylene propylene diene monomer (EPDM), chloroprene, and others. The nitrile butadiene rubber segment accounted for the largest share of the Global Elastomeric Foam Market in 2017 and is expected to grow at a considerable CAGR during the review period. This market growth can be attributed to the increasing use of nitrile rubber in numerous applications such as HVAC, refrigerators, plastic pipes, gaskets, and sealing due to its superior properties such as high moisture resistance, low thermal conductivity, high elasticity, and resistance to grease. EPDM is the fastest-growing segment of the Global Elastomeric Foam Market; the increasing use of EPDM in solar installations and oil & gas applications due to its resistance to water and weather is expected to boost the growth of the EPDM segment during the forecast period.
Get Exclusive Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/6374
Based on End-Use Industry, the market has been categorized as HVAC, automotive, electrical and electronics, and others. The HVAC segment accounted for the largest market share in 2017and is expected to register a significant growth rate during the review period. This growth is largely influenced by the increasing demand for HVAC systems, chillers, and duct systems in healthcare facilities, shopping complexes, supermarkets, and industrial applications, among others. Increasing automotive production is driving the demand for Elastomeric Foam in gaskets and sealings, which is expected to propel the growth of the market during the review period.
Competitive Analysis
Some of the key players in the Global Elastomeric Foam are Armacell International SA (Luxembourg), Zotefoams PLC (UK), Grando (Belgium), L’isolante K-Flex SpA (Italy), Sekisui Plastics Co., Ltd (Japan), Kaimann GmbH (Germany), Jinan Retek Industries Inc (China), Hira Industries LLC (UAE), Huamei (China), NMC SA (Belgium), and Rogers Foam Corporation (US).
Regional Analysis
Based on Region, the Global Elastomeric Foam Market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The market in Asia-Pacific was the largest in 2017 due to the presence of a large number of end-use industries in developing nations such as India and China. The expanding construction industry as a result of rapid urbanization and industrialization is expected to propel the demand for Elastomeric Foam in the region.
North America is a prominent market for Elastomeric Foam owing to its increasing use in the automotive and aerospace industries. The European market for elastomeric foam is expected to grow as a result of rising demand in major end-use industries such as HVAC and automotive. The markets in Latin America and the Middle East & Africa are expected to exhibit considerable growth during the review period due to the expanding automotive and construction industries in the region.
View Complete TOC with Tables and Figures at: https://www.marketresearchfuture.com/reports/elastomeric-foam-market-6374
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Elastomeric Foam Market Analysis, Trends and Industry Forecast 2023 - Armacell International SA, Hira Industries LLC, Zotefoams PLC, Huamei, Kaimann GmbH, Jinan Retek Industries Inc., NMC SA, Grando, Sekisui Plastics Co. and Rogers Foam Corporation here
News-ID: 1683468 • Views: …
More Releases from Market Research Future
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034).
The global small boat industry is witnessing significant growth, driven…
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034).
The automotive industry is witnessing a significant transformation in vehicle…
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035).
With the global automotive industry focused on precision,…
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034).
Valet parking technology is emerging as a transformative…
More Releases for Foam
Foam Concentrate Market: High-growth Regions to Expand Geographic Footprint | Ch …
"This research study presents a comprehensive compilation of insightful findings concerning key aspects of the global Foam Concentrate industry, impacting its growth trajectory over the forecast period from 2023 to 2029. The report sheds light on the evolving sales trends of various tech products across different regions and countries, highlighting both growth and decline. A detailed regional analysis is a crucial part of this Foam Concentrate report, offering a meticulous…
Packaging Foams Market Report with Forecast 2020-2025 | Top Key Players: BASF, A …
Global Packaging Foams market would thus note a steady growth over the forecast period of 2020 - 2025. The robust CAGR (Compound Annual Rate Growth) will chart an upward growth curve and create lucrative growth opportunities in the global Packaging Foams market. In, turn, this will lead to improvement in market worth.
Request a PDF sample of this report: https://www.adroitmarketresearch.com/contacts/request-sample/1415
Global Packaging Foams Market: Notable Development
Global Packaging Foams market is set to…
Technical Foam Services Develops Innovative New Scaffold Foam
Northamptonshire, United Kingdom (8th February, 2013) - Technical Foam Services Ltd, a leading independent engineer-based manufacturer and foam producer, announces the creation of a new scaffold foam.
Technical Foam Services Ltd and their strategic construction partner have been working in unison to develop the Closed Cell PE Scaffold Foam, which uses high density polyethylene foam to offer protection against work equipment damage to decorated surfaces. The scaffold foam also uses a…
Technical Foam Services Creates Foam Inserts for Rak Ceramics
Northamptonshire, United Kingdom (18th February, 2013) - Technical Foam Services Ltd, a leading independent engineering-based manufacturer and foam producer, earlier this month secured a contract with leading ceramic tile design and manufacturer Rak Ceramics.
Rak Ceramics specialises in offering a range of high-quality ceramic tiles, distributing their products to DIY retailers and kitchen designers nationwide.
Sales representatives from the company were becoming increasingly concerned with the loss and damage of these tiles…
Technical Foam Services Manufactures Cancer Prevention Foam
Northamptonshire, United Kingdom (17 June, 2011) - Technical Foam Services, a leading independent engineering-based manufacturer and foam producer, is proud to have been part of an exciting new development in the world of cancer prevention.
A far cheaper and more patient-friendly method has been developed by the UK Medical Research Council, which involves the use of a reticulated foam sponge encapsulated within a pill. Once the pill is swallowed, it dissolves…
Technical Foam Services Expand Range of Foam Insert Fabrics
Northamptonshire, United Kingdom (19th May, 2011) – Technical Foam Services, a leading independent engineering-biased manufacturer and foam producer, has expanded their range of fabrics to be used with foam inserts.
Technical Foam Services have long been recognised as the UK’s leading supplier of foam inserts, producing them for a wide variety of applications, such as large suitcase inserts suitable for holding ceramics and glassware through to small inserts used…
