Global High Heat Foam Market Forecast to 2021 Published by Research Team

MarketResearchNest.com adds “Global High Heat Foam Market 2017-2021” new report to its research database. The report spread across 71 pages with table and figures in it.
Research analysts forecast the global high heat foam market to grow at a CAGR of 5.34% during the period 2017-2021.

About High Heat Foam
High heat foams are also commonly called high insulation foams have the highest R-values ranging from R-10 to R-45. High heat foams are used as cushions, insulators, and absorbents. They are manufactured using various polymers such as silicone, polyimide, melamine, and polyethylene. They can withstand elevated temperatures and acts as insulators. High heat foams are used in the transportation industry in automobiles, commercial and military aircraft. They are also used in the building and construction and packaging industries. These insulation foams are classified as a closed cell or open cell depending on the cell structure. Closed cell foams are rigid and have isolated cells. They also offer lower permeability which facilitates good insulation properties and higher absorption of high bass sounds. Open cell foams are softer with interlinked cell structure. Open cell foams offer good absorption properties and offer enhanced sound barrier.

Covered in this report
The report covers the present scenario and the growth prospects of the global high heat foam market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of high heat foam.

Browse full table of contents and data tables at https://www.marketresearchnest.com/global-high-heat-foam-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global High Heat Foam Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global high heat foam market: Armacell, BASF, Evonik Industries, Rogers Corporation, and SINOYQX

Other Prominent Vendors in the market are: Intecfoams, PAR Group, Queen City Manufacturing, SABIC, Shin-Etsu Polymer, UBE INDUSTRIES, Wacker Chemie, and Zhengzhou FoamTech Nano Material.

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Increasing demand for bio-based high heat foam. The demand for natural raw materials such as polyols, soybean, and castor oil, which are derived from fruits and vegetables is increasing in the recent years. This is aimed to reduce the demand for fossil fuels and check the emission of greenhouses gases such as carbon dioxide during the manufacturing process. The demand for bio-based high heat foam is expected to increase due to the decrease in GHC emission during the manufacturing process, which will subsequently boost the growth in the global high heat foam market in the next five years.

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According to the report, one of the major drivers for this market is Use of high heat foams as substitute for metals. In the automotive industry, high heat foams are used as substitutes for metals, due to their lower manufacturing cost and time as compared with metals. In addition, the higher tensile strength combined with lower densities of high heat foams are the other factors contributing to their higher consumption as substitutes. High heat foams are used to achieve thinner-walled designs, which can replace thicker die-casted metal parts. For instance, the use of high heat foams in the front rail B-pillar can reduce the weight of the vehicle by 16.4kg as compared with the metal sheets. Thus, with the growth in the automotive sector, the demand for large volumes of high heat foam as replacement of metal sheet is expected to augment during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is Increasing macroeconomic obstacles globally. Macroeconomic hurdles, such as GDP and inflation, are expected to hamper the demand for high heat foam indirectly. For instance, the impact of global economic recession along with the uncertain nature of Brexit and Trump presidency in the US are expected to negatively affect the growth in the global high heat foam market. Owing to such uncertainties the market is expected to experience a significant decline in investment from the manufacturing industries. This is attributed to new policies and uncertain Return on Investment (ROI). Furthermore, European countries are still recovering from the Eurozone crisis in 2011, which has resulted in low investments in the manufacturing sector due to financial constraints. Also, post-Brexit, several changes are expected in the trade agreements between countries in the European Union (EU) and the UK. Therefore, these macroeconomic hurdles are expected to continue and affect the global high heat foam market during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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