Press release
Foam Market is expected to reach USD 143.77 Bn by 2030, as per Maximize Market Research.
Foam Market, Foam Market Scope, Foam Market Trend,
Foam Market Overview
Foams are substances created by capturing gas pockets within a liquid or solid material. Solid foams belong to a category of lightweight cellular engineering materials. Polyurethane, polystyrene, phenolic, and polyvinyl chloride are the primary chemical resins used in its manufacturing process. Foams can be broadly categorized as flexible or stiff depending on the structure of their cells, whether open or closed. They protect materials by insulating them and defending against abrasion, temperature, moisture, impact, and corrosion. Foams offer numerous benefits because they are lightweight, non-toxic, and hypoallergenic. The expansion of the foam industry in Asia Pacific is mainly fueled by the significant growth of the construction and building sector, along with the increasing foam demand in the furniture industry.
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The increasing demand for products like foam-based mattresses, pillows, and bed linens, which offer exceptional comfort by evenly distributing body weight and pressure, is being fueled by their widespread use in homes. The growing usage of foam in the packaging sector to protect fragile, costly, and delicate items is also boosting sales growth in the country. Moreover, foam is gaining popularity in the manufacturing of different car components such as seats, bumpers, and other exterior parts, contributing to enhancing the overall fuel efficiency of the vehicle. The growth of Foam Market in the APAC region is anticipated to be propelled by these factors. It is anticipated that the Foam industry in North America will experience the fastest growth rate during the forecast period. The increased utilization of foam in various sectors such as wind turbines, automobiles, and building and construction projects, especially in the U.S. and Canada, is responsible for the growth in the region.
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Foam Market Segmentation
by Resin Type
Polyurethane
Polystyrene
Polyolefin
Phenolic
PET
Others
by Type
Flexible Foam
Rigid Foam
By End-User
Building & Construction
Packaging
Automotive
Others
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Foam Market leaders
Rogers Corporation (U.S.)
Sealed Air Corporation(U.S.)
DuPont (U.S.)
The Dow Company (US)
Nova Chemicals Corp (Canada)
Alpek (Mexico)
JSP (Japan)
Kaneka Corporation (Japan)
Loyal Group (China)
Jiangsu Leasty Chemicals Co., Ltd. (China)
Wuxi Xingda New Foam Plastics Materials Co., Ltd. (China)
Taita Chemical Co., Ltd.. (Taiwan)
Reliance Industries (India)
BASF (Germany)
Armacell International S.A. (Germany)
Recticel (Belgium)
Arkema (France)
Zotefoams Plc (UK)
Synthos S.A (Poland)
Total SE (France)
Versalis S.p.A (Italy)
SABIC (Saudi Arabia)
Key questions answered in the Market are:
What was the Market size in 2023?
What is the projected demand for the Foam Market?
Which are the factors expected to drive the Market growth?
What is the future projection for the Foam Market?
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/foam-market/122498/
Key Offerings:
Past Foam Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Foam Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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