Global Polymer Foam Market

Polymer Foam Market Size, Share, Growth Analysis, By Type (Polyurethane, Polystyrene), By Application (Furniture, Transportation), By Region - Industry Forecast 2025-2032

Report ID: SQMIG15E2539 | Region: Global | Published Date: November, 2024
Pages: 157 | Tables: 69 | Figures: 75

Polymer Foam Market News

  • In June 2022, Desktop Metal (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today unveiled FreeFoam™, a new family of photopolymer resins that produces durable and dimensionally accurate closed cell foam parts without tooling – delivering all-new benefits for the automotive, furnishing, footwear, sporting goods, health care and other industries.
  • In June 2022, E3D, a leading supplier of hotends, nozzles and extruders for 3D printing, has announced the acquisition of ZODIAC. Through this deal, E3D has acquired all the assets and IP of the nozzle and aftermarket FDM solutions provider.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Polymer Foam Market size was valued at USD 123.4 billion in 2022 and is poised to grow from USD 128 billion in 2023 to USD 170.1 billion by 2031, growing at a CAGR of 3.6% in the forecast period (2024-2031)

The Global Polymer Foam market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Arkema Group ', 'Armacell International S.A. ', 'BASF SE ', 'Borealis AG ', 'Fritz Nauer AG ', 'Koepp Schaum GmbH ', 'JSP Corporation ', 'Polymer Technologies, Inc. ', 'Recticel NV ', 'Rogers Corporation ', 'SEKISUI ALVEO AG ', 'Synthos S.A. ', 'DuPont, Inc. ', 'Trelleborg AB ', 'Zotefoams plc ', 'Woodbridge Foam Corporation ', 'Sealed Air Corporation ', 'Dow Chemical Company ', 'Huntsman Corporation ', 'Foam Partner Group '

The global polymer foam market is driven by the significant growth that the plastic packaging sector has witnessed. The food and beverage sector has a particularly high demand for packaging on a global scale. Food and beverage delivery, catering, and retail all require packaging. As a result, it is necessary to package food and beverages in sachets, containers, pouches, and plastic bags, which serve as the main outlets for polyethylene.

Since continual developments in chemistry and polymer architecture, polyethylene foams are currently utilised more frequently because they can meet sustainability norms. It is expected that the amount of resources that have been removed through drilling, such oil, would steadily decrease. Furthermore, CO2-based polyols may eventually completely replace products made from petroleum because CO2 is more economical than raw materials derived from petroleum. Natural oil-based polymers require more acreage to manufacture than those with a petroleum foundation, but they consume less drilling oil than those with a petroleum foundation. This is a key component in the switch to CO2-based polyols from conventional polyols.

Asia-Pacific is the global polymer foam market leader. The region has the biggest market share, owing to key rising markets like China, India, Malaysia, and Indonesia, as well as developed countries like Taiwan, Japan, and South Korea. This region is home to some of the largest polymer foam producers and users. Followed by China, with the theme of innovation and green development, the polyurethane sector has reached a new stage. Polyurethane downstream product output, including as construction materials, spandex, synthetic leather, and automobiles, currently ranks first in the world. The country is aggressively marketing water-based coatings, enacting new building energy conservation rules, and developing new energy vehicles, all of which provide significant market potential for the polyurethane industry. China's proposed "dual-carbon" target will accelerate the growth of building energy-saving and clean energy industries, as well as provide new development opportunities for polyurethane insulating materials, coatings, composite materials, adhesives, and elastomers.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Polyurethane Foam Market
Buy Now GET FREE SAMPLE
Aerospace Foam Market
Buy Now GET FREE SAMPLE
Foam Insulation Market
Buy Now GET FREE SAMPLE
Automotive Foam Market
Buy Now GET FREE SAMPLE
Polymer Market
Buy Now GET FREE SAMPLE
Foam Glass Market
Buy Now GET FREE SAMPLE
Medical Foam Market
Buy Now GET FREE SAMPLE
Packaging Foams Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Polymer Foam Market

Report ID: SQMIG15E2539

$5,300
BUY NOW GET FREE SAMPLE