HOME Research Insight Two Major Players in the Polyethylene Foams Market are, Armacell (Germany), and Sealed Air Corporation (U.S.)



Two Major Players in the Polyethylene Foams Market are, Armacell (Germany), and Sealed Air Corporation (U.S.)


New product launches was the key strategy adopted by the market players to achieve growth in the polyethylene foams market. This strategy accounted for the largest share of all the development strategies adopted by the market players to expand their global presence and increase their market shares in the polyethylene foams market between 2009 and 2016. The current demand in end-use applications such as, building & construction, automotive, and protective packaging is driving the polyethylene foams market. The demand from end-use industries encouraged companies to adopt various growth strategies in the polyethylene foams market. Some of the leading polyethylene foam manufacturers are, Armacell (Germany), JSP (Japan), Zotefoams Plc. (U.K), The Dow Chemical Company (U.S.), and Sealed Air Corporation (U.S.), among others. These companies adopted various organic and inorganic growth strategies to improve their businesses and maintain their market shares, globally.

Companies adopted strategies such as investments & expansions, new product launches, mergers & acquisitions, and partnerships, agreements, contracts & joint ventures to increase their market shares and expand their distribution networks, globally. These strategies accounted for a significant share of the total number of growth strategies adopted by players in the polyethylene foams market between 2009 and 2016.

Key companies such as, Armacell (Germany), JSP (Japan), Zotefoams Plc. (U.K), The Dow Chemical Company (U.S.), Sealed Air Corporation (U.S.), INOAC Corporation (Japan), Thermotec (Australia), Wisconsin Foam Products, Inc. (U.S.), Trecolan GmbH (Germany), and PAR Group (U.K), among others are profiled in this report.

Two major players in the polyethylene foams market are, Armacell (Germany), and Sealed Air Corporation (U.S.). In the past two years, Armacell (Germany) and Sealed Air Corporation (U.S.) adopted new product launches and mergers & acquisitions as their major strategies for growth. 

In October 2016, Armacell acquired PoliPex Ltda (Brazil), which is a leading Brazilian manufacturer of extruded polyethylene insulation foam. This transaction significantly strengthens Armacellīs product portfolio in Latin America and increases the domestic customer service levels, as well as, the support for regional OEMs.

Similarly, in July 2015, in response to customer demands for more versatile, low-cost foam-in-bag solutions, Sealed Air launched its new product, Instapak-Simple foam, which simplifies the reproduction of Instapak foam cushions for lower volume operations, while reducing investment costs and conserving energy.

Related Reports:

Polyethylene (PE) Foams Market by Type (Non-XLPE and XLPE), End-Use Application (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, And Medical), and Region - Global Forecast to 2021

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