Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Increasing investment in construction is expected to trigger the technical foam market in Mexico





    (Transportation-News.com, December 13, 2021 ) The report "Technical Foam Market by Form (Flexible, Rigid, Spray), Material (Elastomeric, PU, PE, Expanded Foam), End Use (Electricals & Electronics, Automotive & Transportation, Commercial Buildings, Office Equipment, Medical), and Region - Global Forecast to 2025" The global technical foam market size is projected to grow from USD 9.1 billion in 2020 and reach USD 15.7 billion by 2025, at a CAGR of 11.6% from 2020 to 2025. The growth of this market can be attributed to the increase in demand from automotive & transportation end uses and the rising demand for acoustic solutions in commercial buildings.

    Browse 122 market data tables and 53 figures spread through 164 pages and in-depth TOC on "Technical Foam Market by Form (Flexible, Rigid, Spray), Material (Elastomeric, PU, PE, Expanded Foam), End Use (Electricals & Electronics, Automotive & Transportation, Commercial Buildings, Office Equipment, Medical), and Region - Global Forecast to 2025"

    Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55658044

    Flexible foam segment to lead the technical foam market during 2020-2025

    Flexible foam is the most widely consumed since it is soft, flexible, and resilient. The growth of this segment can be attributed to its lower cost compared to rigid and spray foam. It can also be attributed to the consumption of these foams for manufacturing automotive, commercial building insulation, office equipment, and others due to their softness, moisture resistance, and high impact & mechanical properties. Moreover, flexible foams regain their original shape even after being deformed. Hence, the consumption of flexible foam is higher in such end uses.

    Elastomeric segment is expected to grow at highest CAGR in technical foam market during the forecast period

    Based on material, the elastomeric segment is expected to be the largest of the technical foam market. Elastomeric foams are rubber-based and are used as thermal and acoustic solutions in commercial buildings and heavy equipment, among others. They are moisture-resistant and help in dampening sound vibrations. Resistance to wear & tear, chemicals, and high voltage and performance in extreme conditions of high vibration, high humidity, high temperature, and abrasion are some of their other advantages.

    Automotive & transport segment is expected to register the fastest growth during the forecast period

    Automotive & transport segment is expected to register the fastest growth in the global technical foam market during the forecast period. The growth rate can be attributed to the increasing application areas of technical foam and its ability to perform in adverse environments, which has led to an increase in its consumption in the automotive & transportation sector. Increasing demand for better vehicle operational & environmental efficiency, temperature control, superior dielectric insulation qualities, and thermal conductivity of various materials make technical foam suited for a broad range of specialist automotive applications.

    Request Sample Pages https://www.marketsandmarkets.com/requestsampleNew.asp?id=55658044

    Asia Pacific to lead the global technical foam market during the forecast period

    Asia Pacific is estimated to account for the largest share of the global technical foam market in 2020. The market here is anticipated to grow at the highest CAGR between 2020 and 2025. The Asia Pacific region is an emerging and lucrative market for technical foam, owing to the demographic changes, increasing industrial development, and improving economic conditions. This region constitutes approximately 60% of the worlds population, resulting in the wide-scale adoption of technical foam in electricals & electronics, automotive & transportation, commercial buildings, and medical end uses.

    Some of the leading manufacturers of technical foam profiled in this report are BASF SE (Germany), Dow Inc. (US), SEKISUI CHEMICAL CO., LTD (Japan), Huntsman Corporation (US), Armacell International S.A. (Germany), LANXESS AG (Germany), Trelleborg AB (Sweden), Recticel NV/SA (Belgium), INOAC Corporation (Japan), UFP Technologies, Inc. (US), Wanhua Chemical Group Co., Ltd. (China), and The Woodbridge Group (US).

    About MarketsandMarkets

    MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

    Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

    MarketsandMarketss flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

    Contact:
    Mr. Aashish Mehra
    MarketsandMarkets INC.
    630 Dundee Road
    Suite 430
    Northbrook, IL 60062
    USA : 1-888-600-6441
    sales@marketsandmarkets.com

    MarketsandMarkets

    Mr. Aashish Mehra

    1-888-600-6441

    raviraj.tak@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC