Dec 8, 2017   SOURCE: BusinessWire

Global Polymer Foam Market Forecasts to 2022 - Volatility in Raw Material Prices - Research and Markets

The "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" report has been added to Research and Markets' offering.

The market size of polymer foam was estimated at USD 94.86 billion in 2017 and is projected to reach USD 126.08 billion by 2022, at a CAGR of 5.86% from 2017 to 2022.

In 2016, Asia-Pacific accounted for the largest market share, in terms of volume and value. It is projected to register the highest CAGR of 6.81% between 2017 and 2022 in terms of value.

The Asia-Pacific polymer foam market is driven by high economic growth and heavy investments in the industries such as automotive, marine, building & construction, and manufacturing.

The growing industrialization, middle-class population, increasing infrastructure development, and rise in purchasing power of consumers have led to the growth in manufacturing of polymer foam in the region.

Drivers

  • High Demand for Polymer Foams in End-Use Industries
  • High Demand for Polymer Foams in Asia-Pacific
  • Energy Sustainability And Energy Conservation

Restraints

  • Volatility in Raw Material Prices

Opportunities

  • Growing Demand for Bio-Based Polyols
  • Growing Demand for Co2-Based Polyols

Challenges

  • High Pricing Pressure
  • Stringent Regulations

Growing demand for polymer foam in the automotive, building & construction, and packaging industries drive the market. On the other hand, volatility in raw material prices, government regulations, and economic slowdown negatively affect the market.

Price and availability of raw materials are key factors for foam manufacturers for determining the cost structure of their products. Raw materials used by the foam industry include resins, inorganic chemicals, and refined petroleum products. Most of these raw materials are petroleum-based derivatives and are vulnerable to fluctuations in commodity prices.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Polymer Foam Market, By Type

7 Polymer Foam Market, By End-Use Industry

8 Polymer Foam Market, By Region

9 Competitive Landscape

10 Company Profiles

  • Ach Foam Technologies
  • Arkema
  • Armacell International
  • Basf
  • Borealis
  • Dyplast Products
  • Foam Partner Group
  • Jsp
  • Kaneka Corporation
  • Par Group
  • Polymer Technologies
  • Recticel
  • Rogers Corporation
  • Sabic
  • Sealed Air
  • Sekisui Alveo
  • Simona America
  • Synthos
  • the Dow Chemical Company
  • Thermotec
  • Toray Industries
  • Total
  • Trecolan
  • Woodbridge Technical Products
  • Zotefoams

For more information about this report visit https://www.researchandmarkets.com/research/gd85w6/polymer_foam