Press release
Global Elastomeric Foam Insulation Market Analysis - Industry Trends, Market Size, and Forecast to 2022
The automotive sector and the construction industry are the major contributors to the Global Elastomeric Foam Insulation Market owing to the high demand from developing countries and the increased foreign investment by the companies in these geographies. Regulations to limit the noise is further growing the demand of these products in the industrial and healthcare sectors. Healthcare is also one of the key growing end-users of the elastomeric foam insulation products.Elastomeric foam insulation products are those which have insulation properties. These are light weight and thus reduce the overall weight of the structure.
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Asia Pacific is a key consumer of the elastomeric foam insulation products and is expected to grow with a high growth rate during the forecast period with significant demand coming from developing countries such as China and India. China contributed a major portion of the revenue in the year 2016.
The study of the Global Elastomeric Foam Insulation Market includes the market size information and market trends along with the factors and parameters impacting it in both short- and long-term. The study entails a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future. In addition, the study helps the venture capitalists in understanding the companies better and take informed decisions.
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The economic stability in Europe and North America is expected to boost its healthcare and automotive industry, thereby increasing market opportunities for the elastomeric foam insulation market. Supportive government regulations for the implementation of building codes and the increase in disposable income are driving the market.
Report Scope:
• Application
o Acoustic Insulation
o Hybrid
o Thermal Insulation
• End-users
o Automotive
o Construction
o Electrical & Electronics
o Healthcare
o Industrial
o Others
• Regions
o Asia Pacific
o Europe
o North America
o Rest of the World
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