High-Density Polymer Foam Market worth 3.6% CAGR by 2028
High-density polymer foam is widely being used owing to its efficiency in various applications. Polymer foams are soft and flexible, which make them apt to be utilized in furniture and bedding; and they are also used as insulators owing to their property of very low heat transfer.
Among the end-users, building and construction is dominating the high-density polymer foam market. The next major end-user segment contributing toward the market growth is the “others” segment that includes automotive, packaging, and furniture and bedding. The packaging segment is expected to proliferate with a high CAGR. Overall, with the growth of these end-user industries, the demand for high-density polymer foam will also increase.
In terms of the analysis of major types, polyurethane is contributing heavily toward the market growth. The polyurethane segment is expected to grow at a rapid pace during the forecast period. The major trend impacting the market positively is the increasing demand from end-use sectors. Specifically, the increased demand for packaging and automotive in various geographies is accelerating the global high-density polymer foam market.
The High-Density Polymer Foam Market research report titled as “High-density Polymer Foam Market – Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2028”
The top notch companies of the recycled plastics market are BASF, Huntsman, DuPont, Saint-Gobain, and SABIC.
Emerging economies are witnessing rapid industrialization and urbanization, leading to an increased demand for high-density polymer foams for infrastructure development and construction activities. In addition, the increasing environmental concerns and regulations have led to a growing emphasis on sustainable materials. High-density polymer foams that are recyclable and have reduced environmental impact are gaining popularity in the market.
The report consists of —- Tables 88 and charts 48 depicting the in-depth market study and the impact analysis of COVID-19 by Vendor name. View detailed TOC here.
Key Insights of the Report Include:
High-Density Polymer Foam Market by Types:
- Polyurethane
- Polystyrene
- PVC
- Phenolic
- Polyolefin
- Others
High-Density Polymer Foam Market by End-users:
- Building and Construction
- Automotive
- Packaging
- Furniture and Bedding
- Others
High-Density Polymer Foam Market by Geography:
- Asia Pacific
- North America
- Europe
- Rest of the World
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