Polyethylene (Pe) Foams Market - Global Forecast To 2025

The polyethylene foams market is projected to grow from USD 3.3 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 6.1% between 2020 and 2025. PE foams are widely used in protective packaging, automotive, building & construction, sports, footwear & recreational industries. Non-XLPE is an important type of PE foam. It is extensively used in protective packaging, automotive, and building & construction industries.

The key players operating in the market are Armacell LLC (Luxembourg), JSP (Japan), Zotefoams PLC (UK), Sealed Air (US), and Recticel N.V. (Belgium). These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, and partnership & agreement to grow in the market. Investment & expansion was the key strategy adopted by the major players between 2016 and 2020. This strategy helped companies increase their geographic presence.

Download PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129894004

Sealed Air (US) brings together packaging materials, services, equipment, and automation to provide essential protection for products. The company operates in two main business segments—food care and product care. Their products are used in a wide range of industries such as meat, poultry, seafood, e-commerce, food retail & service, industrial & transportation, consumer goods & retail, electronics, and healthcare & pharmaceuticals. The company serves about 124 countries around the world, along with 95 manufacturing facilities and 56 research facilities. In May 2019, Sealed Air Corporation announced that it had signed a definitive agreement to acquire Automated Packaging Systems, Inc. (APS), a leading manufacturer of high-reliability, automated bagging systems, for a purchase price of USD 510 million on a cash and debt-free basis.

Zotefoams PLC is one of the largest manufacturer of lightweight crosslinked polyolefin block foams, sell and licenses high-performance products and materials technology. The company has three business segments: polyolefin foams, HPP (High-Performance Products), and MEL (MuCell Extrusion LLC). Their products are used across extensive range of markets including aerospace, automotive, industrial parts, product protection, marine, military, building & construction, medical, leisure, and sports. In May 2019, Zotefoams boosts product protection foams line-up with two new Plastazote grades. Plastazote, a low-density polyethylene foam range in AZOTE family, has set the standard for protection of products in transit, long-term storage and conversation applications due to its light weight, aesthetic qualities, excellent impact resistance and compatibility with wide range of processing techniques.

Sample Request: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129894004

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/polyethylene-foam.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/polyethylene-foam-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.