June 16, 2021 04:15 ET | Source: ReportLinker ReportLinker

New York, June 16, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announced the release of the report "Foam Market by Type, Type, End Use Industry and Region-Global Forecast to 2026"-https://www .reportlinker .com/p06095516/?utm_source=GNW Foam is widely used in the automotive, construction and construction, packaging, footwear, sports and leisure, and furniture and bedding industries. Flexible PU foam is widely used in the automotive and construction industries. It helps automakers solve problems related to weight reduction, vibration absorption, fuel efficiency, and durability. Construction and construction are expected to become the largest end-use industry in the foam market. Driven by huge investments in new infrastructure development, new housing projects, and non-residential building renovations in major countries such as China and India, the construction industry in the Asia-Pacific region is expected to experience the highest growth rate in the next five years. The high demand for online shopping is increasing the demand for packaging; this is expected to drive the protective packaging market during the forecast period. It is expected that from 2021 to 2026, the use of foam in medical device packaging, orthopedic soft products and medical components will also promote the market development of the medical industry. Polyurethane is the largest foam type segment in the foam market. MDI, TDI, polyether polyol and polyester polyol are the main raw materials for making polyurethane foam. PU foam has an open cell structure. Typically, manufacturers make these foams by reacting polyols and diisocyanates, both of which are extracted from crude oil. The foaming agent is used to expand the cells of the foam and expand its volume to form a lightweight PU foam. Generally, TDI (toluene diisocyanate) polyol is used to produce flexible foam, which is mainly used to produce flexible slabstock foam, while MDI polyol is used to produce rigid foam. PU foam has low thermal conductivity, low density, low water absorption and good mechanical properties. High strength and good insulation performance. It has a variety of rigidity, hardness and density levels to choose from. Low-density flexible foam is used in upholstery, bedding, car and truck seats, and new inorganic plant substrates for roofs or wall gardens. It is also used for thermal insulation and RTM core material. PU foam is divided into three sub-segments-soft PU foam, rigid PU foam and spray PU foam. The Asia-Pacific region is the largest bubble market during the forecast period. The bubble market in the Asia-Pacific region is subdivided into China, India, Japan, South Korea, Malaysia, Indonesia, Thailand, and other regions in the Asia-Pacific region. The region is the fastest growing region in the bubble market, driven by rapid economic growth and massive investment in the automotive, shipbuilding, construction and manufacturing industries. The growth of the Asia-Pacific market is driven by the increasing use of foam in the construction and construction, automotive, footwear, sports and leisure, furniture and bedding, and packaging industries. The demand for high-quality products, growing population, and growing end-use industries have led to innovation and development in the market. The continuous growth of domestic product manufacturing and exports has boosted demand for foam in the region. Extensive primary interviews have been conducted and information gathered from secondary research to determine and verify the market size of multiple market segments and sub-segments. Breakdown of the main interview: • By company type: Tier 3 – 46%, Tier 2 – 36% and Tier 1 – 18% • By designation: Director – 27%, Grade C – 18% and others – 55% • By region: Asia Pacific – 55%, North America – 18%, Europe – 9%, South America – 9%, Middle East and Africa – 9% BASF SE (Germany), Armacell International SA (Germany), JSP (Japan), Kaneka Corporation (Japan), Recticel (Belgium), Rogers Corporation (U.S.), Sealed Air Corporation (U.S.), Arkema (France) and Zotefoams Plc (U.K.) are some of the major players in meeting global foam demand. Research scope: by foam type (polyurethane, polystyrene (EPS and XPS), polyolefin (PE, PP, EVA), phenolic resin, PET), type (rigid, flexible), end-use industry (construction, packaging, automotive , Furniture and bedding, footwear) and regions (Asia Pacific, Europe, North America, South America, Middle East and Africa). Reasons for buying the report From the perspective of insight, this research report focuses on different levels of analysis—industry analysis (industry trends), market share analysis of top players, and company profiles, which together constitute and discuss the competitive landscape The basic view of the market; emerging and high-growth market segments; high-growth regions; and market drivers, constraints, opportunities and challenges. The report provides insights on the following: • Market penetration: comprehensive information about bubbles provided by top market participants • Product development/innovation: detailed insights on upcoming technologies, R&D activities and new product launches in the market Market development: Comprehensive information about lucrative emerging markets-this report analyzes bubble markets in various regions • Market diversification: Detailed information on new products, undeveloped areas, recent developments and market investments • Competition assessment: market In-depth evaluation of market shares, strategies, products and manufacturing capabilities of market leaders. Read the full report: https://www.reportlinker.com/p06095516/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so that you can get all the market research you need instantly in one place. __________________________