Selbyville, Delaware, Feb. 06, 2019 (GLOBE NEWSWIRE) --
The flexible foam market is expected to grow from USD 35 billion in 2018 to USD 65 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Strong outlook with versatile end-user applications including furniture & upholstery, packaging, construction, consumer goods, bedding, pillows, mattresses, carpet cushion, automotive interiors etc., are among key factors driving the market growth.
Features such as lightweight, high resiliency, durability, and improved safety & comfort will enhance the product scope in end-use applications. Shifting focus of the manufacturers towards development of products using bio-based materials will further stimulate the flexible foam market growth.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1735
Increasing disposable income along with rising inclination of consumers towards the purchase of luxurious interiors will propel the flexible foam market demand. Growing demand for memory and viscoelastic foam in bedding and mattress products along with rapid expansion in the flexible packaging industry owing to the enhanced protection against vibration during shipping will propel the industry growth. Also, increasing focus of manufacturers towards developing lightweight and fuel-efficient vehicles provides a positive outlook for the industry growth.
Growing demand for the product in furniture and upholstery applications to provide improved cushioning, low water absorption, good mechanical strength and absorption of static stress will enhance the flexible foam market penetration. Favourable regulations provided by government bodies regarding the use of thermal insulation materials in the construction sector globally will fuel the industry expansion.
Polyurethane dominated the flexible foam market and accounted for over 60% of the overall demand in 2018. Polyurethane is widely used in numerous applications such as automotive interior components, lightweight automotive parts, cushioning in beddings and upholstery and as thermal insulation products in buildings etc. Features such as enhanced cushioning, lightweight, durability, lower installation time, increased shelf life and high resiliency are among key properties expected to drive the flexible polyurethane foam demand.
Browse key industry insights spread across 450 pages with 418 market data tables & 19 charts & figures from the report, “Flexible Foam Market Size By Type (Polyurethane[Polyester, Polyether], Polyethylene[Cross linked, Non-cross linked], Polypropylene, Silicone, Ethylene-Vinyl Acetate (EVA), Melamine, Polyvinylidene Fluoride (PVDF)), By End-Use (Furniture & upholstery, Packaging, Construction, Consumer goods [Clothing & footwear, Household & personal care], Transportation [Automotive, Railway, Aerospace]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, Italy, France, UK, Russia, Poland, China, India, Japan, South Korea, Malaysia, Indonesia, Australia, Brazil, Argentina, Mexico, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/flexible-foam-market
Furniture & upholstery end-use segment accounted for over USD 10 billion in 2018. Increasing number of restaurants with improved cushioning and comfort requirement supported by high consumer spending on luxurious interiors will positively influence the flexible foam market revenues. Technological advancements in flexible foam materials have fueled the applications scope in the past few years. Recent product developments in the flexible foam products have enabled the manufacturers to develop smart memory or viscoelastic products that provide better durability, longer product life and protection against allergens and microorganisms.
Asia Pacific dominated the flexible foam market and accounted for over 30% of the overall demand in 2018. Surging consumer spending on luxurious products and consumer goods coupled with the rising demand for memory foams in beddings and mattresses will proliferate the regional industry growth. Significant growth in the regional construction industry owing to an increasing disposable income, and favourable FDI policies are propelling the regional growth during the forecasted timeframe. Growing hospitality industry, particularly in South-East Asian countries including Malaysia, Thailand, Indonesia, Vietnam, and Singapore owing to favourable FDI policies, will stimulate the market development.
BASF, Covestro AG, Huntsman International, Dow Chemical Company and Recticel are among major flexible foam manufacturers. Global flexible foam market share is highly fragmented with the presence of multinational and regional players. The manufacturers are involved in production capacity expansions, mergers & acquisitions, and new product launches, to gain a competitive share.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1735
Browse Related Reports:
Automotive Part Cleaners & Degreasers Market Size By Product (Cleaners [Brake Cleaners, Engine Flush Cleaners, Carburetor Cleaners, Catalytic Converter Cleaners], Degreasers [Engine Degreasers, Transmission Degreasers, Exhaust Parts Degreasers]), By Type (Water-Based, Solvent-Based), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Two Wheelers), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Poland, Czech Republic, China, India, Japan, South Korea, Thailand, Indonesia, Malaysia, Australia, Brazil, Iran, Egypt, Morocco, Algeria, Tunisia, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 - 2024
https://www.gminsights.com/industry-analysis/automotive-part-cleaners-and-degreasers-market
Bio-based and Synthetic Dimethyl Ether (DME) Market Size By Raw Material (Fossil Fuel Based, Bio-based), By Application (LPG Blending, Aerosol Propellants, Transportation Fuel, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, Trinidad & Tobago, South Africa, Saudi Arabia, UAE, Iran, Qatar), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
https://www.gminsights.com/industry-analysis/dimethyl-ether-dme-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.