Engineered Foam Market: Research Analysis Report and Forecast 2017 – 2025

Global Engineered Foam Market: Overview 

Engineered foam is a lightweight plastic that finds applications in a gamut of areas such as energy, automotive, wind energy, packaging, and construction sectors, among others. It is also used in the manufacture of shock absorption and waterproofing gaskets. In the domain of sports, engineered foam is used to join parts that need cushioning impact, in helmet paddings, wrestling mats, and flotation devices.

The global market for engineered foam can be segmented on the basis of end-use applications into aerospace and defense, transportation, manufacturing and construction, medical and healthcare, etc. Depending upon form, it can be categorized into spray foam, flexible foam, and rigid foam. Among them, flexible foam dominates the market with a leading share. Going forward, however, the spray foam segment would expand at maximum pace. Based on raw materials again, the market can be further divided into polyurethane, polyvinyl chloride, polystyrene, polyolefin, etc. Polyurethane, among them, leads the market on account of being a versatile construction material.

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A report by TMR Research conveys essential information on the global engineered foam market after studying the opportunities and prevalent trends in it. It sheds light on the current market size and assesses the present vendor landscape. It not just profiles the leading players operating in the market, but also highlights their strengths and weaknesses. Leveraging market-leading analytical tools, the report examines the threats and opportunities awaiting players in the market.

Global Engineered Foam Market: Trends and Opportunities

Driving growth in the global market for engineered foam is the increasing thrust and investment in space research activities and the expansion of the airline industry in the emerging economies across Latin America, Asia Pacific, and the Middle East and Africa. Swift evolution of end-use industries coupled with their short product life cycles is another major factor slated to boost the market in the near future. Further, a burgeoning construction, automotive, and sports and leisure industry is also predicted to drive growth.

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A key trend seen in the global market for engineered foam is the soaring popularity of spray foams in coating applications for quick repairs in existing insulations and cushioning. This is because, spray foams, unlike the other types of foams, is ready to use and does not entail extra molding cost which may be required for flexible and rigid foams. This has brought about a rise in its applications in insulation such as light-density open-cell spray foam insulation and medium-density closed-cell spray foam insulation.

Another noticeable trend in the global engineered foam market is the robust use of the raw material polyurethane which can be shaped into strong elastomers or rigid plastics. Because of its unique physical characteristics, polyurethane foam is gradually supplanting traditional plastic components and metals. Such foams find application in a range of end-use industries such as aerospace and defense, medical and healthcare, transportation, and manufacturing and construction, among others.

Global Engineered Foam Market: Regional Outlook

Based on geography, the key segments of the global engineered foam market are Europe, North America, Asia Pacific, and the Rest of the World. Asia Pacific, among them, is forecasted to outshine all other regions in terms of growth on account of the proliferation of manufacturing activities for domestic consumption and for exports as well.

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Companies Mentioned in Report

Some of the major participants operating in the global market for engineered foam that have been listed in the report are the DoW Chemical Company, Bayer AG, Sekisui Chemical Ltd., Huntsman Corporation, Inoac Corporation, Armacell GmbH, Foamcraft Inc., FoamPartner Group, Future Foam Inc., and Rogers Corporation.

 The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

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