Polymer Foam Market

Polymer Foam Market worth $126.1 billion by 2022

The market size for Polymer Foam Market is projected to grow from USD 94.9 billion in 2017 to USD 126.1 billion by 2022, at a CAGR of 5.9% between 2017 and 2022. Building & construction, furniture & bedding, packaging, and automotive industries are the major consumers of polymer foam. The demand for polymer foam is multiplying in the automotive sector, especially in gaskets, headliners, cushioning, and cables applications.

Browse 155 market data Tables and 49 Figures spread through 168 Pages and in-depth TOC on "Polymer Foam Market by Type (PU, PS, PO, PVC, Phenolic, Melamine), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region - Global Forecast to 2022"

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PU segment accounted for the largest share of the overall polymer foam market

The PU foam segment dominates the overall polymer foam market. This foam is used mainly in furniture & bedding and building & construction industries. These two end-use industries account for more than half of the total demand for PU foam.

Major companies such as BASF and Recticel offer various PU foams for diverse applications. BASF provides these foams under brands such as Elastospray, Enertite, Pluracel Foam, Pluralux, Spraytite, Walltite, Elastopan, AutoFoam, and Elastopor. Recticel produces PU foam under brands such as Sensus, Body Foams, Frame Foams, Dryfeel Rebounce, Arcadia, Polygrow, and TryOn.

Polymer foam market is expected to witness the highest growth in the automotive industry

The polymer foam market in the automotive end-use industry is estimated to register the highest CAGR between 2017 and 2022. The high growth in this end-use industry is attributed to the increasing applications in gaskets, headliners, cushioning, and cables. The overall growth of the automotive industry also supports the growth of the market in this segment.

Asia Pacific is the largest and the fastest-growing market for polymer foam

Asia Pacific has been the largest polymer foam market. The market in the region is also projected to register the highest CAGR of 6.81%, in terms of value, between 2017 and 2022. China led the market in the region, owing to increased manufacturing and assembling of vehicles in the past 2–3 years. China is also the largest consumer of polymer foam, globally. The presence of other emerging economies such as India, Indonesia, and Thailand also supports the growth of the Asia Pacific market.

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