Press release
Massive Growth Of Automotive Foam Market By 2025 | Competitive Outlook By Saint-Gobain, Lear Corporation, Johnson Controls, The Dow Chemical Company, Armacell, Bridgestone, BASF
Massive Growth Of Automotive Foam Market By 2025
Global Automotive Foam Market is expected to reach USD 60.83 billion by 2025, from USD 38.35 billion in 2017 growing at a CAGR of 13.5% forecast to 2025
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The automotive foam market is growing at a significant CAGR during the forecast period. The automotive foams are manufactured from polyurethane, polyvinyl chloride (PVC), polyolefins, and other petroleum derivatives. They are produced by the methods of extrusion, slab-stock, and other molding methods. The automobile industry is growing on the backdrop of technological advancement and innovations in various products and also government and private sector investment in the R&D sector.
Competitive Landscape: Automotive Foam Market
Saint-Gobain,
Lear Corporation,
Johnson Controls,
The Dow Chemical Company,
Armacell,
Bridgestone,
BASF,
Recticel,
Vitafoam,
Adient,
Woodbridge Foam Corp,
Rogers Foam Corporation,
ZOTEFOAMS,
UFP Technologies, Inc.,
Grand Rapids Foam Technologies,
Foam Supplies, Inc.,
Eurofoam Hungary Kft,
Caligen Foam,
Vitafoam Nigeria Plc and others
Asia Pacific was the leading segment in 2017 in terms of revenue, and is expected to continue its dominance over the forecast period. Automobile industry in the region is expected to be fueled by the rise in spending capacity.
Europe held a significant market share in 2017, attributed to the growing automotive industry in U.K. and Germany.
North America led by the U.S. is anticipated to drive the automotive foam market by 2024 due to vehicle safety norms and need for efficient braking. Technological advancement coupled with extensive R&D to improve design and better operations in manufacturing will augmenting the automotive foam market growth in future. Asia Pacific is estimated to be the most lucrative market for the product due to the emerging economies in automobile sector such as South Korea, Japan and China. Government support and increased vehicle production will also spur the product market size in forecast time span.
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Market Segmentation: Global Automotive Foam Market
Based on end user application the market is classified
passenger cars,
light commercial vehicles,
heavy commercial vehicles
Based on geography the global automotive foams market report covers data points for 28 countries across multiple geographies namely
North America & South America,
Europe,
Asia-Pacific and,
Middle East & Africa
Some of the major countries covered in this report are U.S, Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Based on type the market is segmented polyurethane, polyolefin, styrenic, polyvinyl chloride, phenolic, melamine, & others.
On the basis of application the market is
classified heavy commercial vehicles,
light commercial vehicles, and
passenger cars and other automotive foam
By Region:
North America
o North America, by Country
o US
o Canada
o Mexico
Western Europe
o Western Europe, by Country
o Germany
o UK
o France
o Italy
o Spain
o The Netherlands
o Rest of Western Europe
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Middle East
o Middle East, by Country
o UAE
o Saudi Arabia
o Qatar
o Iran
o Rest of Middle East
Asia Pacific
o Asia Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
Eastern Europe
o Eastern Europe, by Country
o Russia
o Turkey
o Rest of Eastern Europe
Rest of the World
o Rest of the World, by Country
o South America
o Africa
o Rest of the World
TOC: Global Automotive Foam Market
Sections 1. Industry Synopsis of Global Automotive Foam Market.
Sections 2. Automotive Foam Market Size by Type and Application.
Sections 3. Automotive Foam Market Organization Producers analysis and Profiles.?
Sections 4. Global Automotive Foam Market Analysis by key traders.
Sections 5. Development Status and Outlook of Automotive Foam Market in the United States.
Sections 6. Europe Automotive Foam Industry Report Development Status and Outlook.
Sections 7. Japan Automotive Foam Industry Report Development Status and Outlook.
Sections 8. China Automotive Foam Market Report Development Status and Outlook.
Sections 9. India Automotive Foam Market Development Status and Outlook.
Sections 10. Southeast Asia Automotive Foam Market Improvement Status and Outlook.
Sections 11. Automotive Foam Market Figure by Areas, Applications, and Sorts
Sections 12. Automotive Foam Market Dynamics.
Sections 13. Automotive Foam Market Factors Analysis
Sections 14. Research Findings and Conclusions of Automotive Foam Market.
Sections 15. Appendix.
Scope (TOC ) Is Instantly Available For Free at https://databridgemarketresearch.com/toc/?dbmr=global-automotive-foam-market
Competitive Analysis: Global Automotive Foam Market
The global automotive foams market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive foams market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers & Market Restraint: Global Automotive Foam Market
Versatility and unique physical properties
Economic slowdown
Growth in end-user industries in emerging nations
Proper disposal & recycling technique
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