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TECHNICAL FOAM MARKET: IN-DEPTH ANALYSIS, DEMAND STATISTICS & COMPETITIVE OUTLOOK 2021-2026

Jan 17, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Technical Foam Market.

It was estimated prior to this unanticipated outbreak that the Technical Foam Market is likely to witness an impressive CAGR of 11.5% during the forecast period. Increasing demand for technical foam from the automotive & transportation industry and the growing demand for acoustic solutions to deal with noise pollution are the major factors fueling the growth of the technical foam market during the forecast period.

Technical foams offer excellent properties such as resistance from heat & fire, noise dampening, and provide ease and acoustic and fire insulation. These foams are of different types such as flexible, rigid, and spray foams, and are used in various end-use sectors such as automotive & transportation, commercial buildings, medical, office equipment, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Segment Analysis

Based on the form type, the market is segmented as flexible foam, rigid foam, and spray foam. Flexible foam is expected to be the largest segment of the market during the forecast period, owing to its suitableness for the production of automotive seat cushioning, office equipment, and furniture for comfort and support. These foams are less expensive as compared to spray and rigid foam, and they also offer absorbing capacity due to which, they are preferably used in the packaging of electrical devices and medical wipes & swabs, driving the growth of the market.

Based on the material type, the technical foam market is segmented as polyurethane, elastomeric, polyethylene, expanded foam, and others. The polyurethane segment held the largest share of the market in the year 2019, owing to its favorable properties such as low weight, absorption of sound, heat preservation, and excellent cushioning. Technical polyurethane foams are primarily used in the automotive & transportation and commercial building segments. As compared to other materials, these foams are highly used due to their low heat conduction coefficient, low density, relatively good mechanical strength, low water absorption, and insulating properties.

Based on the end-use type, the market is segmented as automotive & transportation, commercial buildings, electrical & electronics, office equipment, medical, and others. The automotive & transportation segment is estimated to account for the largest share of the market over the forecast period. Technical foams are of low weight and durable for high-temperature insulating solutions, and offer various properties such as heat & fire resistance, noise dampening for boats & ships, and these foams also provide comfort, and acoustic and fire insulation. The major factors fueling the growth of the automotive & transportation end use of technical foam are the increase in demand for better vehicle operational and environmental efficiency, control of temperature, excellent dielectric insulation qualities, and thermal conductivity of various materials, which make the technical foam best suited for a wide range of specialist applications of the automotive industry.

In terms of regions, Asia-Pacific is expected to be the largest as well as the fastest-growing market for technical foams during the forecast period, with China being the center of attraction for major consumers of technical foams in APAC. Factors such as the industrial development and improving economic conditions in the region are driving the growth of the market in APAC.  Furthermore, to establish the presence in the region, various foreign players are adopting inorganic growth strategies, which in turn, is estimated to trigger further growth opportunities to the Asia-Pacific’s technical foam market during the forecast period. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

 Key Players:

Key players operating in the global Technical Foam market are-

  • BASF SE, DOW INC.
  • FOAMPARTNER GROUP
  • FXI HOLDINGS, INC.
  • HUNTSMAN CORPORATION
  • INOAC CORPORATION
  • RECTICEL
  • SEKISUI CHEMICAL CO., LTD.
  • TRELLEBORG AB
  • UFP TECHNOLOGIES, INC.

 Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Technical Foam analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

Need a detailed report? Get in touch with us: 

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

0 Tovább

What is the future of Technical Foam Market? Know Covid Impact on Size, Share & Forecasts

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Technical Foam Market.

It was estimated prior to this unanticipated outbreak that the Technical Foam Market was expected to grow at a CAGR of 11.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Technical foams offer excellent properties such as resistance from heat & fire, noise dampening, and provide ease and acoustic and fire insulation. These foams are of different types such as flexible, rigid, and spray foams, and are used in various end-use sectors such as automotive & transportation, commercial buildings, medical, office equipment, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the form type, the market is segmented as flexible foam, rigid foam, and spray foam. Flexible foam is expected to be the largest segment of the market during the forecast period, owing to its suitableness for the production of automotive seat cushioning, office equipment, and furniture for comfort and support. These foams are less expensive as compared to spray and rigid foam, and they also offer absorbing capacity due to which, they are preferably used in the packaging of electrical devices and medical wipes & swabs, driving the growth of the market.

Based on the material type, the technical foam market is segmented as polyurethane, elastomeric, polyethylene, expanded foam, and others. The polyurethane segment held the largest share of the market in the year 2019, owing to its favorable properties such as low weight, absorption of sound, heat preservation, and excellent cushioning. Technical polyurethane foams are primarily used in the automotive & transportation and commercial building segments. As compared to other materials, these foams are highly used due to their low heat conduction coefficient, low density, relatively good mechanical strength, low water absorption, and insulating properties.

Based on the end-use type, the market is segmented as automotive & transportation, commercial buildings, electrical & electronics, office equipment, medical, and others. The automotive & transportation segment is estimated to account for the largest share of the market over the forecast period. Technical foams are of low weight and durable for high-temperature insulating solutions, and offer various properties such as heat & fire resistance, noise dampening for boats & ships, and these foams also provide comfort, and acoustic and fire insulation. The major factors fueling the growth of the automotive & transportation end use of technical foam are the increase in demand for better vehicle operational and environmental efficiency, control of temperature, excellent dielectric insulation qualities, and thermal conductivity of various materials, which make the technical foam best suited for a wide range of specialist applications of the automotive industry.

In terms of regions, Asia-Pacific is expected to be the largest as well as the fastest-growing market for technical foams during the forecast period, with China being the center of attraction for major consumers of technical foams in APAC. Factors such as the industrial development and improving economic conditions in the region are driving the growth of the market in APAC.  Furthermore, to establish the presence in the region, various foreign players are adopting inorganic growth strategies, which in turn, is estimated to trigger further growth opportunities to the Asia-Pacific’s technical foam market during the forecast period. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Some of the key players in the technical foam market are-

  • BASF SE, DOW INC.
  • FOAMPARTNER GROUP
  • FXI HOLDINGS, INC.
  • HUNTSMAN CORPORATION
  • INOAC CORPORATION
  • RECTICEL
  • SEKISUI CHEMICAL CO., LTD.
  • TRELLEBORG AB
  • UFP TECHNOLOGIES, INC.

0 Tovább

Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

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The one-stoThe unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Veterinary Vaccines Market. Veterinary Vaccines Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. The Veterinary Vaccines Market is projected to grow from USD 8.24 billion in 2020 to USD 12.81 billion by 2026 at a CAGR of over 7.6% during the forecast period. Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1702/veterinary-vaccines-market.html#form Segment Analysis By technology, the veterinary vaccines market has been segmented into attenuated live vaccines, inactivated vaccines, toxoid vaccines, recombinant vaccines, and others. • Under these, the attenuated live vaccines segment held the highest market share in 2020 and is likely to register a substantial CAGR during the review period. • Live attenuation is the oldest vaccination method that is used in the veterinary field. • This method is also under trial for the development of additional applications. By region, North America accounted for the highest market share in 2020 and is projected to grow at a steady CAGR during the assessment period. • This is mainly ascribed to the increasing incidence of canine disorders, which, in turn, adoption of vaccination for the same coupled with the rising pet population in the U.S. is one of the key factors contributing to the expansion of the market share of the region. Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. The Veterinary Vaccine Market analysis report discusses the following heads in great detail: • Market structure: Overview, industry life cycle analysis, supply chain analysis • COVID-19 Impact Assessment • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis • Market trend and forecast analysis • Market segment trend and forecast • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities • Emerging trends • Strategic growth opportunities for the existing and new players • Key success factors About Stratview Research Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Contact: Stratview Research E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176 p blog for all the major updates from across different industries

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