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POLYMER FOAM MARKET FORECAST Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part.

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Presentation on theme: "POLYMER FOAM MARKET FORECAST Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part."— Presentation transcript:

1 POLYMER FOAM MARKET FORECAST 2018 - 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 POLYMER FOAM MARKET FORECAST 2018 - 2023 Outlook: The global Polymer Foam Industry growth include rapid increase in construction activities owing to the Global Construction Industry is expected to grow at a faster pace than world GDP over the next decade. Additionally, as Asian economies continue to industrialize and the U.S. recovers from a sharp downturn during the global financial crisis, rising demand for cushioning in automobile industry, and increasing expenditure on research activities pave way for the industry growth. Moreover, the demand for Polymer Foam is predicted to witness a significant growth over the assessment period due to surging furniture industry. Rising crude oil production across the globe is anticipated to be an important driver for Polymer Foam industry as it bridges the demand gap for introductory Polymer Foam raw materials during the review period. Increasing automobile production and sales along with rising consumption of polymer foam based cushioning materials is estimated to fuel the growth of the industry. Furthermore, rapid urbanization coupled with increasing disposable income in the emerging economies is predicted to propel the growth of the industry, polymer foam based textiles for sports purposes industry during the assessment period, 2017 to 2023. Recently, researchers found that polyurethane foams are showing signs of biodegradation in the presence of fungus, which is expected to rise the industry growth of polymer foams. Polymer Foam Market : Outlook, Regional Analysis, Categorization, Top Global Players And Forecasts to 2023

3 www.marketresearchfuture.com3 POLYMER FOAM MARKET FORECAST 2018 - 2023 The Global Polymer Foam Market Share by Application/ End User, (2016) (%): Source: MRFR Analysis

4 www.marketresearchfuture.com 4 POLYMER FOAM MARKET FORECAST 2018 - 2023 Regional Analysis: Geographically, Polymer Foam Industry is spanned across Five Regions in the world namely: Asia Pacific, North America, Europe, Latin America, Middle East & Africa. Asia Pacific Polymer Foam Industry is predicted to grow with the moderate CAGR due to developing crude oil processing and expanding petroleum refineries in India and China. Moreover, continuous growth of automotive sector in various economies of Asia Pacific such as China, India, Malaysia, Thailand, and Japan is expected to raise the demand for Polymer Foam based cushioning materials which in turn is predicted to fuel the demand for Polymer Foam over the forecast period, 2017 to 2023. The demand for Polymer Foam is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to high adoption rate by the crude oil producers. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to reduce the raw material demand gap for Polymer Foams and propel the growth of the Industry.

5 www.marketresearchfuture.com5 North American polymer foam industry is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. As of 2016, the U.S accounts for the largest industry share and is estimated to grow with the moderate CAGR on account of growth in furniture industry. In Europe, the demand for Polymer Foam is predicted to grow in various countries such as Italy, Germany, Spain, U.K, France, and Russia on account of increasing expenditure in innovation and growing purchasing power of consumers. Moreover, presence of major automobile manufacturers specifically in Germany is expected to give a momentum to the Industry growth. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness substantial decline in polymer foam industry owing to ongoing slow recovery from recession hit back in 2008-2009. POLYMER FOAM MARKET FORECAST 2018 - 2023

6 www.marketresearchfuture.com6 POLYMER FOAM MARKET FORECAST 2018 - 2023 Categorization: The Global Polymer Foam Industry is categorized on the basis of type, product type, end user industry, and region. On the basis of type, the industry is bifurcated into flexible and rigid. On the basis of product type, the industry is segmented into polyurethane (PU), polystyrene (PS), polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC) and others. On the basis of end user industry, the polymer foam industry is categorized into construction, transportation, furniture, packaging, textiles, and others. On the basis of region, the industry is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

7 www.marketresearchfuture.com7 POLYMER FOAM MARKET FORECAST 2018 - 2023 Top Global Players: Some of the Top Global Players functioning in the Global Polymer Foam Industry are: BASF SE (Germany), TORAY INDUSTRIES, INC. (Japan), The Dow Chemical Company (U.S.), Recticel NV (Belgium), Rogers Corporation (U.S.), Arkema S.A. (France), Total S.A. (U.S.), SABIC (Saudi Arabia), Synthos S.A. (Poland), Zotefoams plc (U.K)

8 www.marketresearchfuture.com8 ABOUT US MARKET RESEARCH FUTURE: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

9 www.marketresearchfuture.com9 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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