Pune, 12, April, 2023: Maximize Market Research, a Material & Chemical business research firm has published a report on the “Polyolefin Foam Market”. The total market opportunity for Polyolefin Foam was USD 8.11 Bn in 2021 and is expected to grow at 5.3 percent CAGR through the forecast period to reach USD 12.26 Bn by 2029.
Polyolefin Foam Market Report Scope and Research Methodology
The report includes qualitative and quantitative analysis of the Polyolefin Foam Market based on segmentation involving economic and non-economic factors. It also includes an in-depth analysis of the Polyolefin Foam industry from various perspectives by employing Porter’s five forces analysis. The report provides insight into the Polyolefin Foam Market through the value chain. The report offers historical data and forecasts revenue growth at country, regional and global levels along with an analysis of the market trends in each of the sub-segments and regions. The competitive landscape in the report includes details by competitors including company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The bottom-up approach was used to estimate the global and regional Polyolefin Foam Market size.
Polyolefin Foam Market Dynamics
The reusable and recycle properties of polyolefin foam are the primary elements driving the market growth. The Polyolefin Foam Market growth is majorly driven by the increasing use of polyolefin foam in various passenger car cushions, armrests, headrests, cushioned instrument panels, gasket seals and other components to build durable, lightweight and fuel-efficient structures. The increasing research and development activities along with technological advancement in developing economies are creating lucrative growth opportunities for the growth of Polyolefin Foam Market.
The fluctuating prices of raw materials are the major restraining factor for the growth of the market. the market growth is also expected to be hampered by stringent laws and increasing concerns about the environmental impact of small plastic beads.
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Polyolefin Foam Market Regional Insights
The Asia Pacific region dominated the global market with the largest Polyolefin Foam Market share in 2021. The region is also expected to continue its dominance during the forecast period due to increasing automotive manufacturing in countries such as China, India and Japan, which is driving the demand for polyolefin foam in the region. The growth of the regional market is mainly attributed to the growing construction, packaging and automotive industries.
Polyolefin Foam Market Segmentation
By Resin Type
- Ethylene Vinyl Acetate(EVA)
- Polyethylene(PE)
- Polypropylene(PP)
By End-Use Industry
- Automotive
- Construction
- Packaging
- Others
By Technology
- Extrusion Foaming
- Injecting Moulding Foaming
- Blown Moulding Foaming
- Beads Foaming
- Others
Polyolefin Foam Key Competitors include:
- Armacell (US)
- Polymer Technologies Inc. (US)
- Rogers Corporation (US)
- Dow Inc (US)
- Sekisui Voltek (US)
- Pregis LLC (US)
- Johnson Controls (US)
- Woodbridge Foam Corporation (Canada)
- Arkema S.A. (France)
- Knauf Industries (France)
- BASF SE (Germany)
- Covestro AG (Germany)
- Zotefoams plc (UK)
- Sekisui Alveo AG (Switzerland)
- Recticel (Belgium)
- Borealis AG (Austria)
- NMC SA (Luxembourg)
- DAFA A/S (Denmark)
- Synthos (Poland)
- JSP Corporation (Japan)
- Mitsui Chemicals (Japan)
- Toray Industries (Japan)
- Cygtefa (CTF) (China)
- Reliance Industries Limited (India)
- KK NAG Ltd. (India)
- SABIC (Saudi Arebia)
Table of Content for Polyolefin Foam Market
- Global Polyolefin Foam Market: Research Methodology
- Global Polyolefin Foam Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Polyolefin Foam Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Polyolefin Foam Market Segmentation
- Global Market, by Resin Type (2021-2029)
- Global Market, by End-Use Industry (2021-2029)
- Global Market, by Technology (2021-2029)
- Regional Polyolefin Foam Market (2021-2029)
- Regional Market, by Resin Type (2021-2029)
- Regional Market, by End-Use Industry (2021-2029)
- Regional Market, by Technology (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key questions answered in the Polyolefin Foam Market report are:
- What is Polyolefin Foam?
- What are the Polyolefin Foam Market segments?
- Which Polyolefin Foam Market segment is expected to grow at a high rate during the forecast period?
- Which segment held the largest Polyolefin Foam Market in 2021?
- What are the global trends in the Polyolefin Foam Market?
- What are the upcoming industry applications and trends for the Polyolefin Foam Market?
- What growth strategies are the players considering to increase their presence in Polyolefin Foam Market?
- Who are the leading players in the Polyolefin Foam industry?
- What are the major challenges that the Polyolefin Foam Market could face in the future?
- Which region held the largest Polyolefin Foam market share in 2021?
- Which regional Polyolefin Foam market is expected to grow at a high rate during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Resin Type, End-Use Industry, Technology and Region
- Competitive Landscape – Profiles of selected key players by region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:
Polymer Foam Market – The market size is expected to reach USD 137.12 billion by 2029 at a CAGR of 4.7 percent during the forecast period. The increasing demand for polymers in the healthcare sector is expected to drive the market.
Foam Market – The market size is expected to reach USD 137.17 billion by 2029 at a CAGR of 4.81 percent during the forecast period. The market is expected to be driven by increasing demand for polyurethane foam in building insulation for energy conservation.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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