Press release
Polymer Foam Global Market Worth 133.69 Billion at a CAGR of 5.5% By 2027 | Key Players: Arkema Group, Borealis AG, Zotefoams plc, Synthos S A, BASF SE
Polymer Foam Market
The Business Research Company's Polymer Foam Global Market Report 2023 identifies the growth of building and construction activities is expected to propel the polymer foam market going forward. Building and construction refer to the manufacturing and trade related to building, repairing, renovating, and maintaining infrastructures.
The global polymer foam market size is expected to grow from $101.86 billion in 2022 to $107.86 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global polymer foam market size is expected to reach 133.69 billion in 2027 at a CAGR of 5.5%.
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Major players in the polymer foam market are Sealed Air Corporation, Arkema Group, Armacell International SA, Borealis AG, Polymer Technologies Inc., Zotefoams plc, Synthos S A, BASF SE, TotalEnergies SE, KANEKA CORPORATION, Toray Industries Inc., Saudi Basic Industries Corporation, Huntsman International LLC, SEKISUI ALVEO AG, Covestro AG, Fritz Nauer AG, Koepp Schaum GmbH, and JSP Corporation.
Product innovations are a key trend gaining popularity in the polymer foam market. Major companies operating in the polymer foam market are focused on developing newly programmable and expandable polymer foam such as products made of electron beam cross-linking, recycled products, and others to strengthen their position.
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The Polymer Foam market is segmented -
1) By Type: Polyurethane Foam, Polystyrene Foam, PVC Foam, Phenolic Foam, Polyolefin Foam, Melamine Foam, Other Types
2) By Form: Flexible Foam, Rigid Foam
3) By Application: Packaging, Building And Construction, Furniture And Bedding, Automotive, Rail, Wind, Marine, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Polymer Foam market.
The Business Research Company's "Global Polymer Foam Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Polymer Foam Market Include:
1. Executive Summary
2. Polymer Foam Market Characteristics
3. Polymer Foam Market Trends And Strategies
4. Polymer Foam Market - Macro Economic Scenario
5. Polymer Foam Market Size And Growth
……
27. Polymer Foam Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polymer Foam Market
29. Polymer Foam Market Future Outlook and Potential Analysis
30. Appendix
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