The global flexible elastomeric foam market is projected to grow from USD 2.8 billion in 2024 to USD 3.6 billion by 2029, at a CAGR of 4.8% during the forecast period. The growing market of flexible elastomeric foams is fueled by the increased demand for sustainable and energy-efficient HVAC systems. These materials help to minimize energy loss and are capable of providing good thermal as well as acoustic insulation.
Companies such as ARMACELL (Luxembourg), Hira Industries LLC (UAE), L’ISOLANTE K-FLEX S.p.A. (Italy), JINAN RETEK INDUSTRIES INC(JINAN BESTAR INC) (China), and Boyd (US) fall under the winners’ category. These are leading players in the Flexible elastomeric foam industry globally. These players have adopted the strategies of acquisitions, expansions, partnerships, and investments to increase their market shares.
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ARMACELL
ARMACELL is one of the leading manufacturers of engineered foams and flexible foams that are used to insulate equipment. The company develops insulation material suitable for technical equipment, high-performance foams for acoustic and lightweight applications, next-generation aerogel technology and passive fire protection systems, and recycled PET products.
The company operates through two business segments, including Engineered Foams and Advanced Insulation. It provides its products and services under the brand names ARMAFLEX, ARMAGEL, ARMAPET, ARMAPROTECT, ARMACOMP, ARMACOMFORT, ARMASOUND, ARMACLAD, and ARMAFIX.
The company marks its global presence through its 25 manufacturing facilities in 19 countries located across APAC, the Americas, Europe, and Middle East & Africa.
L’ISOLANTE K-FLEX S.p.A.
L’ISOLANTE K-FLEX S.p.A. deals in the production of acoustic and thermal flexible elastomeric insulation materials. The company operates in a wide range of business domains including Heating, Air Conditioning, Plumbing, Refrigeration, Oil & Gas, Solar Energy, Public Transport, Railways, Shipbuilding, Firestopping, Acoustics, Technical Foam, and Beverage.
It also has a wide product portfolio that can be summarized as flexible elastomeric foam insulation products, halogen-free insulation products, FEF high temperature insulation products, cladding and jacketing systems, acoustic insulation products, passive fire protection, technical foams, accessories, insulation service for multilayer pipes, beverage dispensing equipment, OEM customized solutions, and MW, PE and PU insulation products. It marks its global presence through its 25 sales offices and over 63 distribution areas in 63 countries located across North America, Europe, Asia, Middle East, and Africa.
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JINAN RETEK INDUSTRIES INC(JINAN BESTAR INC)
JINAN RETEK INDUSTRIES INC(JINAN BESTAR INC) has an experience of 20 years in producing and supplying refrigerator parts. The company owns three factories to produce different kinds of refrigerator parts, out which the first one deals in the production of evaporators and condensers, the second one deals in the production of accumulators, access valves, and copper filter driers, and lastly the third factory deals in the production of insulation tube.
The company produces a wide variety of products that can be summarized as insulation materials, wire tube condenser, roll-bound evaporators, air unit coolers, copper heat exchanger, air conditioner parts, refrigerator parts, and refrigerant (gas). The company marks its global presence by providing its products and services in over 85 countries located across North America, South America, Europe, Africa, and Asia.
Boyd
Boyd started out as an industrial fabricator, and it currently specializes in thermal solutions and engineered materials. The company serves various industries including eMobility Industry, Cloud Industry, Medical Industry, Semiconductor Industry, Industrial Technology Industry, 5G Industry, Mobile Industry, Aerospace Industry, And Defense Industry.
The company operates through three major business segments including Thermal, Engineered Materials, and Material Science segment. It provides solid foam products under the Material Science segment. The company marks its global presence by providing its products and services in various countries located across North America, Europe, and APAC.
Hira Industries LLC
Hira Industries LLC was formerly known as Hira Traders LLC. The company has experience of over forty years and is involved in the manufacturing of rubber products, adhesive tapes, thermal insulation foams, and HVAC solutions for the building industry. The company specializes in ventilation products, pipe supports, ducting accessories, rubber products, rubber insulation, and polyethylene foam insulation.
It provides its products and services through seven brands including Aerofoam, Aeroduct, Diamond Walraven, Diamond Tapes, Rubtech, Maico, and FlexiCell. It provides flexible elastomeric foams under the brand name Aerofoam. The company marks its global presence through its 14 manufacturing facilities and over 30 sales offices in 40 countries located across APAC, North America, Europe, and Middle East & Africa.
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