Dublin, Oct. 31, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/r9m36p/polymer_foam) has announced the addition of the "Polymer Foam Market by Types, Applications & Geography - Global Trends & Forecasts to 2018" report to their offering.
The global polymer foams market's revenue was estimated to be worth $82.6 billion in 2012, which is expected to reach $131.1 billion by 2018, growing at a CAGR of 7.7% from 2013 to 2018.
Polymer foams are used in various consumer products that provide
durability, comfort, support, and safety. These polymer foams are
lightweight and less costly compared to other substitutes such as
metallic foams or fiberglass. Their growing demand reflects their
versatile nature against other competitive materials. Polymer foams
are generally foamed plastics of polymer resins. Flexible
polyurethane foam is one of the most versatile materials as it is
used in furniture, bedding, carpet cushion, automotive, and
The global polymer foams market is driven by its diverse range of applications. There is huge demand from the automotive sector which finds its usefulness in a myriad of applications such as gaskets, headliners, cushioning and cables. Environmental regulations from different industry sectors such as plastic, automotive, building and construction, furniture and bedding, packaging and other sectors facilitates the growth of foams. The growing polyolefin foams demand from the automotive and packaging markets is notable in key countries at global levels. New technology and innovations emerge commercially and would be very effective for the growth of foams in future. The APAC region foam market demands for higher consumption due to its larger population needs and their growing activities across constructions and other industries.
The APAC region dominated the global polymer foams market, bestowing 36.5% of the total revenue in 2012. China and US shared 40.0% of the total polymer foam consumption in 2012. The Brazilian polymer foam is one of the fastest amongst major consuming countries
Key market players concentrate on launching new products proving to be the predominant strategic initiative. Following this dominant strategy helped expand their geographical reach for success and increased production capacities. The market witnessed agreements and collaborations, mergers and acquisitions that target developing economies.
The polymer foam market focuses on high research activities to improve the adaptability of the foams to use them in a variety of end-use applications. Environmental regulations, unsuitable in a specific environment, side-effects on usage, such as corrosion of metal surfaces and high prices are some of the major challenges faced by the market. The report analyzes the market on the basis of product types, penetration of each type of polymer foam in each major region and every end-user market. It also covers the market behavior of leading producers, key developments, and strategies implemented to sustain and succeed in the market.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Polymer Foams Overview
5 Raw Materials And Polymer Foam Price Analysis
6 Global Polymer Foams Market Assessment
7 Market Assessment By Foam Type
8 Market Assessment By Application
9 Market Assessment By Geography
10 Competitive Landscape & Strategies
11 Burning Issues & Winning Strategies
12 Patent And Regulations In Global Polymer Foam Industry
13 Porter Five Forces Analysis
14 Company Profiles
For more information visit http://www.researchandmarkets.com/research/r9m36p/polymer_foam