Press release
Foam End Cap Market Prominent Companies with Revenue and Growth in the market | Key Players: XPAC Technologies, Protective Foam Packaging, Plastifoam, Technifoam, Quality Foam Packaging
Foam end caps made of Ethafoam or Stratocell are the most efficient and cost-effective way to cover large quantities of delicate or costly materials.End caps made of foam have a cushion around the item's sides, suspending it in the Centre of the corrugated cardboard outer packaging. So, whether you're using inefficient void fill packaging, want to cut packaging prices, or just want to boost transit safety, foam end caps may aid.
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PE Protective Foams are used to make foam end caps, which are precisely manufactured to stabilise the product by encasing the two ends in protective foam. This principle ensures that every end cap design is protected to the fullest extent possible. The foam end caps are then applied to the product's ends before being put in a corrugated box. The Air Cell, which is the empty space between the product, box, and foam, allows the product to move freely while the PE Protective Foam compresses and absorbs all of the shock while in transit. Foam End Caps are available in three different types, depending on the commodity, the material, and the level of protection required.
Growth Drivers that Support the Global Foam End Cap Market:
• Packaging is in high demand in the food industry and in online shopping (shippable materials). The use of polyethylene foams in packaging is increasing as people become more aware of the protection, consistency, and maintenance of a product's physical properties.
• Headliners, door panels & water shields, seat liners, mirror seals, dashboard insulation, air conditioning ducts, and trunk liners are some of the applications for polyethylene foams in the automotive industry. Automobile manufacturers are constantly attempting to reduce the average car's weight in order to increase fuel efficiency and performance. As a result, polyethylene foam is used to make this product.
• The fastest-growing market is APAC, which is driven by strong economic growth and significant investments in the packaging, automotive, construction, and manufacturing industries. Its rising middle-class population is a major driver of numerous industries, resulting in industrialization and the production of a variety of goods that require PE foam. With the rise of the middle class in the area, there is a greater demand for premium and higher-quality goods.
• The coronavirus first appeared in China in early January 2020. The spread of the virus to other Asian countries such as Japan, South Korea, and Thailand in a short period of time culminated in a pandemic, with rapid positive cases and deaths. As a result of this situation, national governments across APAC have announced lockdowns, which have resulted in a reduction in traffic, construction and mining operations, manufacturing industries, and so on.
• Increased use of polyethylene foams in protective packaging, infrastructure, new housing schemes, and non-residential building renovations in China, India, and Brazil has also boosted market growth.
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Major companies functioning in the global Foam End Cap Market are Protective Foam Packaging, XPAC Technologies, Plastifoam, Quality Foam Packaging, and Technifoam
Market Segmentation: By Type:
• Polyethylene (PE) Foam End Cap
• Polyurethane (PU) Foam End Cap
• Others
By Application:
• Food and Beverage Industry
• Chemical Industry
• Automotive Industry, Others
By Region:
• North America
◦ North America, by Country
▪ US
▪ Canada
▪ Mexico
◦ North America, by Type
◦ North America, by Application
• Western Europe
◦ Western Europe, by Country
▪ Germany
▪ UK
▪ France
▪ Italy
▪ Spain
▪ The Netherlands
▪ Rest of Western Europe
◦ Western Europe, by Type
◦ Western Europe, by Application
• Asia Pacific
◦ Asia Pacific, by Country
▪ China
▪ India
▪ Japan
▪ South Korea
▪ Australia
▪ Indonesia
▪ Rest of Asia Pacific
◦ Asia Pacific, by Type
◦ Asia Pacific, by Application
• Eastern Europe
◦ Eastern Europe, by Country
▪ Russia
▪ Turkey
▪ Rest of Eastern Europe
◦ Eastern Europe, by Type
◦ Eastern Europe, by Application
• Middle East
◦ Middle East, by Country
▪ UAE
▪ Saudi Arabia
▪ Qatar
▪ Iran
▪ Rest of Middle East
◦ Middle East, by Type
◦ Middle East, by Application
• Rest of the World
◦ Rest of the World, by Country
▪ South America
▪ Africa
◦ Rest of the World, by Type
Rest of the World, by Application
Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 1444 39 0986
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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