Luton, Bedfordshire, United Kingdom, July 10, 2024 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Engineered Foam Market
“Global Engineered Foam Market Research Report 2024-2030” is a valuable source of insightful data for business strategists. It provides an industry overview with growth analysis and historical and future cost, revenue, demand and supply data (if applicable). Research analysts provide detailed explanations of value chain and retailer analysis. This Engineered Foam market study provides comprehensive data that enhances the understanding, scope and application of this report. This report also provides an analysis of the impact of the COVID-19 pandemic on the industry.
The global engineered foam market is expected to grow at 8.9 % CAGR from 2020 to 2029. It is expected to reach above USD 158.5 billion by 2029 from USD 75.3 billion in 2020.
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Engineered foam finds application across various industries, including automotive, construction, aerospace, packaging, and electronics. As these industries continue to expand, the demand for foam materials with specific properties and performance characteristics also increases. For example, the growing automotive sector requires lightweight foam materials for interior components and improved energy absorption for safety features. Engineered foam offers numerous advantages over traditional materials such as wood, metal, or conventional plastics. These advantages include lightweight nature, excellent insulation properties, durability, versatility, and customizable characteristics. As industries seek to enhance performance, reduce weight, improve energy efficiency, and meet stringent regulations, they are turning to engineered foam as a viable alternative. Ongoing advancements in foam manufacturing technologies and processes have enabled the production of engineered foams with enhanced properties and improved performance
Top leading companies in the global Engineered Foam market includes:
BASF SE, The DOW Chemical Company, Bayer AG, Sekisui Chemical Co., Ltd., Huntsman Corporation, Trelleborg AB, Inoac Corporation, Recticel NV/Sa, Vita (Lux Iii) S.A.R.L, Armacell GmbH, Foamcraft, Inc., Foampartner Group, Future Foam, Inc., Fxi-Foamex Innovations, Rogers Corporation, UFP Technologies, Inc., The Woodbridge Group.
Recent Development:
May 02, 2023 – A formal agreement was signed by DuPont and AEA Investors for the purchase of Spectrum Plastics Group. Existing cash balances would be used to cover the acquisition price.
May 23, 2023 – At The Battery Show, Huntsman revealed the development of revolutionary polyurethane, carbon nanotube, and epoxy materials, all of which are intended to aid in the integration of batteries into electric vehicles and increase their protection and performance.
Engineered Foam Market segmentation:
Market segment by Type:
Polyurethane
Polystyrene
Polyvinyl Chloride
Polyolefin
Others
Market segment by Application:
Aerospace & Defense
Medical & Healthcare
Medical Packaging
Manufacturing & Construction
Other End-Users
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Investigator Observers Strong Growth in Specific Regions:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa).
Some key questions answered in the Engineered Foam market report:
– What is the Engineered Foam market growth, sales, production, consumption, import and export, trends, latest developments, etc. of each region/country?
– Which key regions or Engineered Foam market segments will drive market development in the near future?
– The short-term and long-term factors affecting the industry due to COVID-19.
– Historical, current and future market development, growth and market size during the forecast period.
– The detailed qualitative analysis and quantitative insights provided in the report contribute to future growth.
– Comprehensive mapping of key players and the latest strategies adopted by industry players, Manufacturer behaviors analysis.
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Important functions under the reported products and main highlights:
– Detailed overview of the Engineered Foam Market
– Changes in industry market dynamics
– History, current and projected market size in terms of volume and value
– Detailed Engineered Foam market segmentation by type, application, etc.
– Recent industry trends and developments
– Competition Situation The high-frequency inductor market
– key company and product strategies
– shows promising growth potential and niche segments/regions
The research includes historical data from 2019 to 2024 and forecasts to 2030, making the reports an invaluable resource for industry managers, marketing, sales, and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clearly presented tables and graphs.
Finally, the Engineered Foam Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Engineered Foam industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We offer customization on Engineered Foam market report based on specific client requirement:
1: Market Report in PDF and Excel format.
2: Access to 20% free customization.
3: Access to our analyst’s facts for the following 1 year.
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