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Polymer Foam Market is expected to witness significant gains during 2019 – 2025 | Key players are Armacell International, BASF, SABIC, The Dow Chemical Company, Borealis, Sealed Air, and Synthos

12-03-2019 10:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Polymer Foam Market

Polymer Foam Market

Based on type, polymer foam market is bifurcated into rigid and flexible. Flexible foam accounted for more than half of the overall market owing to its low cost and easy application. These are commonly used in building & construction, footwears, sport & recreations, textiles and others.

On product basis, Polymer Foam Market is diversified into polyurethanes, polystyrene, polyvinyl chloride, phenolic resins, polyolefins, and melamine. The other niche product includes micro cellulose, polyimide chloroprene, etc. Among these, polyurethane will have largest market share and will grow at a significant growth rate owing to increasing construction and renovation activities in North America.

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Polymer Foam Market Size will witness a profitable gain owing to use of product in myriad end-user segment including furniture & bedding, building & construction, automobile & transportation and others.

Polymer foams is the mixture of various polymer resins, gas and solid phase. The commonly used resins during the product manufacturing include polyurethane, polyvinyl chloride (PVC), phenolic resins, polystyrene, etc. The other raw material includes refined petroleum solutions, inorganic chemicals. Polymer foams are developed by incorporation of gas in a solid phase resulting in air incorporated porous structure.

The product market will grow at rapid pace due to the unrivalled properties of product such as strength to weight ratio, light weight, outstanding acoustic and thermal insulation, cushioning effect and high shock absorbing capacity. Moreover, these products are less costly than metallic foams or fiber glass which increase the polymer foam market demand during the forecast timeframe.

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Asia Pacific held major chunks of the product market share and will grow at a substantial growth rate owing to rapid industrialization in developing nation such as India, and China. Various initiative by the government to increase the manufacturing activities in their region will bolster the product market.

The major players in the Polymer Foam Market are Armacell International, Ach Foam Technologies, BASF, PAR Group, Roger Corporations, SABIC, The Dow Chemical Company, Toray Industries, Total, Foam Partner Group, Simona America, Borealis, Dyplast Products, Polymer Technologies, Sealed Air, and Synthos.

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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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