The report "High Heat Foam Market by Type (Silicone, Polyimide, Melamine, Polyethylene, & Others), by Application (Automotive, Railway, Industrial, Aerospace & Others) - Global Forecasts to 2021", The market size of high heat foam is estimated to grow from USD 7.66 Billion in 2016 to USD 11.37 Billion by 2021, at a CAGR of 8.2%.
Browse 91 market data Tables and 47 Figures spread through 139 Pages and in-depth TOC on "High Heat Foam Market by Type (Silicone, Polyimide, Melamine, Polyethylene, & Others), by Application (Automotive, Railway, Industrial, Aerospace & Others) - Global Forecasts to 2021"
Early buyers will receive 10% customization on reports.
It is driven by its energy efficiency and insulating property of foam. The market growth is estimated due to increasing demand from developing countries coupled with growing manufacturer’s preference in automotive and industrial applications. Among all regions considered, Asia-Pacific and RoW are estimated to witness high growth in the next five years. The demand across these regions is reinforced by the emerging markets, namely, China, Brazil, and India.
Automotive: The largest application of high heat foam market
High heat foams are used in various applications such as automotive, railway, industrial, aerospace, and others. These are the main applications considered in the report. In 2015, the automotive application segment accounted for the largest market share, in terms of volume. The industrial application segment is estimated to register the highest CAGR between 2016 and 2021, followed by automotive application.
Rising demand from Asia-Pacific: The major driver for high heat foam market
In 2016, Asia-Pacific is estimated to account for the largest market share, in terms of volume, and is projected to register the highest CAGR between 2016 and 2021. The high demand in Asia-Pacific is the major driver of the high heat foam market. The demand for in China is highest owing to increase in manufacturing and industrial activities in the past three to four years. It is the largest market for high heat foam globally. Other emerging economies such as Brazil, India, and Mexico are projected to have a positive future in this market.
The scope of the report covers detailed information regarding the major factors influencing the growth of the high heat foam market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the market.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE