Jul 28, 2020   SOURCE: BusinessWire

Global Elastomeric Foam Market Study, 2020-2027 - ResearchAndMarkets.com

The "Elastomeric Foam - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to this 8th edition of the report. The 275-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Elastomeric Foam Market to Reach $1.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Elastomeric Foam estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 5.3% over the period 2020-2027.

Natural Rubber/Latex, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$711.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Synthetic Rubber segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $358.8 Million, While China is Forecast to Grow at 8.2% CAGR

The Elastomeric Foam market in the U.S. is estimated at US$358.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$394.6 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Competitors identified in this market include, among others:

  • Aeroflex USA, Inc.
  • Armacell GmbH
  • Era Polymers Pty. Ltd.
  • Grando SA
  • Huamei Energy-Saving Technology Group Co. Ltd.
  • Jinan Retek Industries Inc.
  • Kaimann GmbH
  • L'ISOLANTE K-FLEX S.p.A.
  • Merryweather Foam, Inc.
  • NMC SA
  • Recaa Insulation Systems Sdn. Bhd.
  • Rogers Corporation
  • Rogers Foam Corporation
  • Roka Yalitim
  • Rubberlite Incorporated
  • Zotefoams PLC

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Rising Need for Energy Saving Products in Various Industries Bodes Well for Elastomeric Foam Market
  • Competition
  • Global Elastomeric Foam Insulation Market: Percentage Breakdown of Value Sales by Leading Players for the Year 2019
  • Global Competitor Market Shares
  • Elastomeric Foam Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Superior Thermal and Mechanical Properties of Elastomeric Foams Makes it an Attractive Market
  • HVAC: The Largest End-use Industry for Elastomeric Foam
  • Emergence of New Housing Units and Renovation of Existing Buildings with the Aim to Ensure Energy Cost Savings Drive Demand for Elastomeric Foam Market
  • Global Construction Market: Breakdown of Output in US$ Trillion for the Years 2018, 2020, 2022 and 2024
  • Global Construction Market: Spending in US$ Billion per Annum by Sector for the Years 2015, 2017 and 2019
  • Rising Trend Towards Home Automation for Ensuring Energy Saving and Temperature Control
  • Global Home Automation Market: Breakdown of Revenues in US$ Millionfor the Years 2016, 2018, 2020, 2022 and 2024
  • Automotive Industry: Another Major End-User Market for Elastomeric Foam
  • Total Number of Automobiles Produced in Million During the Period 2012 to 2020
  • Global Electric Vehicles Market: Breakdown of Sales in Million for the Years 2020, 2025, 2030 & 2040
  • Growing Usage of Elastomeric Foam in the Healthcare Industry Boosts Elastomeric Foam Market
  • Stringent Government Regulations Encouraging Energy Efficiency Favors Growth of Elastomeric Foam
  • Adverse Effects of Elastomeric Foams - A Major Restraint
  • Innovations and Advancements
  • Armacell Unveils Next Generation Aerogel Blanket
  • Huntsman Introduces New Hot-Cast Elastomer Machine
  • SONGWON Releases New Antioxidant for Polyurethane Slabstock Foams, Elastomers and Hot Melt Adhesives
  • Huntsman Tecnoelastomeri Launches New Engineering Urethane Elastomers
  • Product Overview
  • Elastomer: An Introduction
  • Elastomeric Foam: Definition, History and Developments
  • Elastomeric Foam by Type
  • Natural Rubber/Latex
  • Synthetic Rubber
  • Synthetic Rubber by Type
  • Nitrile Butadiene Rubber (NBR)
  • Ethylene Propylene Diamine Monomer (EPDM)
  • Chloroprene (CR)
  • Elastomeric Foam by End-use Applications

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 38

For more information about this report visit https://www.researchandmarkets.com/r/2ci3y9