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robertsteven65 · 3 months ago

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Expanded Polypropylene Foam: High-Density Segment Sees Surge in Automotive and Packaging Uses

Overview :

Expanded Polypropylene Foam Market was valued at USD 1,186.6 million and is expected to reach USD 2581.9 million in 2032. This market is estimated to register a CAGR of 8.3% between 2023 and 2032.

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Expanded polypropylene (EPP) foam is a versatile material known for its excellent impact resistance and lightweight properties. It is widely used in various industries due to its durability and cushioning ability. In consumer goods, EPP foam provides protection for sensitive electronics like computer equipment and circuit boards, where its shock-absorbing qualities help prevent damage during transport and use. Additionally, EPP foam's insulating properties make it valuable in packaging, building, and construction, where it contributes to energy efficiency and structural integrity.

Looking ahead, the demand for EPP foam is expected to grow, particularly in the toy and sports equipment sectors. As consumers become more health-conscious and seek products that offer better protection and safety, EPP foam's role in these areas is likely to expand. Its use in toys can provide safer play experiences for children, while in sporting goods, it can enhance comfort and injury prevention. This increasing awareness and preference for quality and safety are driving factors that will likely boost the global market for expanded polypropylene foam.

Key Market Segments

Based on Product

High Density

Low Density

Medium Density

Based on Application

Bumpers

Roof Pillars

Seat Bracing

Armrests

Other Applications

Based on End-User

Automotive

Packaging

Consumer goods

Appliances

Oil & Gas

Other End-Users

By Product Analysis:

The expanded polypropylene (EPP) foam market is segmented into high density, low density, and medium density, with high-density foams leading the market. In 2022, high-density EPP foams commanded over 42.0% of the market share, largely due to their use in automotive safety components and packaging.

By Application Analysis:

In terms of application, bumpers emerged as the leading segment, capturing over 42.0% of the market share in 2022. The increasing need for high-impact-resistant packaging for vehicle components drives this dominance, as EPP foam bumpers provide crucial safety features and impact absorption in automotive interiors and exteriors.

By End-Users Analysis:

The automotive sector is the primary end-user of expanded polypropylene foam, driven by its cost-effectiveness, mechanical strength, and moldability. EPP foam contributes to weight reduction in vehicles, enhancing fuel efficiency by up to 7% and lowering VOC emissions from interior components.

Key Players

JSP

BASF SE

Kaneka Corporation

DS Smith

Furukawa Electric Co., Ltd.

Hanwha Group

Sonoco Products

Knauf Industries

Izoblok

Dongshin Industry Incorporated

Clark Foam Products Corporation

Paracoat Products Ltd.

Molan-Pino South Africa

Signode Industrial Group LLC

Armacel

Furukawa Electric Co., Ltd.

Other Market Players

Drivers:

The expanding automotive industry is a major driver for the expanded polypropylene (EPP) foam market, as its lightweight and impact-resistant properties are ideal for components like bumpers and panels. Additionally, the growth of e-commerce and the increasing demand for sustainable packaging solutions are boosting the use of EPP foam in the packaging sector.

Restraints:

The high cost and price volatility of polypropylene, a key raw material, can impact profitability and increase finished product costs. EPP foam also faces competition from cheaper alternatives like expanded polystyrene (EPS) and may encounter challenges from emerging materials and technologies.

Opportunities:

There is significant growth potential in the automotive and packaging sectors, with emerging applications in building insulation and cushioning. The development of new uses, such as in toys and sports equipment, and advancements in manufacturing technology could reduce costs and broaden the material’s market reach.

Challenges:

Despite its advantages, EPP foam's market growth may be hampered by the development of new materials that could replace it in certain applications. Limited availability and higher costs associated with its recycling could also affect its overall market adoption and sustainability.

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pranalipawargis · 7 months ago

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Interior Innovation: Automotive Plastic Interior Trims Market Analysis | Global Insight Services

Automotive plastic interior trims are the decorative and protective finishing touches to the interior of a vehicle. They are made from a variety of materials, including ABS plastic, PVC, and polycarbonate. Automotive plastic interior trims can be found on the dashboard, door panels, center console, and other areas of the vehicle interior. They are available in a wide range of colors and finishes, and can be customized to match the specific style of the vehicle.

Key Trends

There are several key trends in automotive plastic interior trims technology.

One is the use of high-strength plastics that can withstand high temperatures and harsh chemicals. This enables manufacturers to create trims that are more durable and resistant to wear and tear.

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Another trend is the use of recycled plastics in interior trims. This helps to reduce the environmental impact of manufacturing and disposal of plastic trims.

Finally, there is a trend towards the use of more environmentally friendly plastics that are biodegradable or recyclable.

Key Drivers

There are a few key drivers of the automotive plastic interior trims market.

Firstly, plastic is a lightweight material, which helps to reduce the overall weight of the vehicle. This, in turn, helps to improve fuel efficiency.

Secondly, plastic is a durable material, which means that it can withstand a lot of wear and tear. This makes it an ideal material for use in the interior of a vehicle.

Thirdly, plastic is a relatively inexpensive material, which makes it an attractive option for use in the interior of a vehicle.

Finally, plastic is a recyclable material, which means that it can be reused or recycled, making it an environmentally-friendly option.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segments

The Automotive Plastic Interior Trims Market is segmented by vehicle type, application, sales channel and region. By vehicle type, the market is divided into commercial vehicles and passenger cars. Based on application, it is bifurcated into pillar trims, door trims, instrument panels, armrests, seat backs and others. On the basis of sales channel, it is classified into OEM and after market. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Automotive Plastic Interior Trims Market includes players such as Trinseo, Dassault Systèmes, CIE Automotive, Gronbach, TS TECH Co., Ltd., Neaton Auto Products Manufacturing, Inc., Sage Automotive Interior Trim, ITG Company, Covestro AG, and KASAI KOGYO CO., LTD.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Infographic excel data pack, easy to analyze big data

Robust and transparent research methodology

Unmatched data quality and after sales service

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david843346 · 1 year ago

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Polyurethane Foam Market Global Demand Analysis & Opportunity Outlook 2035

research analysis on “Polyurethane Foam Market : Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global polyurethane foam market in terms of market segmentation by product type, density, application, end-use industry, and by region.

Surge in the Use of Polyurethane Foam in Straps to Boost the Growth of Global Polyurethane Foam Market

The global market for polyurethane foam is set to grow on account of surge in use of polyurethane foam in straps. Polyurethane straps can be used in a wide variety of situations. Due to its overall strength and elasticity, polyurethane is the ideal material for products like watch straps since it meets the needs of the wearer in terms of convenience and adaptability. The strength of polyurethane compounds found in bungee cords can be demonstrated by the fact that a very thin, very long cord can support the weight of rather heavy things.

Additionally, the development of PU spray foam technology has also revolutionized the construction industry by allowing foam sprays to easily and sustainably replace conventional building materials. These materials offer better insulation than traditional building materials, which reduces energy costs. Furthermore, PU has been developed with better characteristics for a number of industrial applications thanks to ground-breaking production techniques.

Some of the major growth factors and challenges that are associated with the growth of the global polyurethane foam market are:

Growth Drivers:

Rise in the Production of Footwear

Growth in the Production of Furniture

Challenges:

Polyurethane is a versatile material with several applications and end uses. In some situations, the product is outperformed by alternatives on the market. For instance, linseed oil is used in place of hazardous compounds to cure wood in the furniture industry. Polysiloxane coatings are used instead of PUR coatings (based on isocyanates) in maritime applications. Polysiloxane coatings are also a great substitute for PUR coatings since they provide the right durability and weather resistance for maritime applications. This would prevent the market from growing.

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By end-use industry, the market for polyurethane foam is segmented into furniture & bedding, construction, electronics, packaging, footwear, and automotive. Out of these segments, the construction segment is anticipated to capture the highest share of about 30% over the forecast period. However, furniture & bedding segment is also projected to grow. Flexible polyurethane foam (FPF) is often used in commercial furniture, particularly that found in businesses (including home offices), classrooms, hotels, and dining establishments. Upholstery parts including seat cushions, armrests, backs, leg rests, and others use foam as their primary material.

By region, the market for polyurethane foam in Europe is estimated to grow over the forecast period. The promotion of environmental consciousness throughout the region is the key factor enabling the growth of the regional market. Additionally, a beneficial impact on the expansion of the regional market is anticipated from the expanding per capita disposable income. Germany is the country in the region that contributes to growth the most and generates the most money. However, during the following years, the U.K. polyurethane foam industry is predicted to develop at the highest rate.

This report also provides the existing competitive scenario of some of the key players of the global polyurethane foam market which includes company profiling of The Dow Chemical Company, BASF SE, Future Foam, Vita Holdings Limited, Covestro AG, Saint-Gobain SA, CRS Holdings LLC, Rogers Corporation, FXI, UFP Technologies, Inc., and others.

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#Polyurethane Foam Market

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meghanester · 1 year ago

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Polyurethane Foam Market Size Growth with a CAGR of ~8% During 2023-2035 and Attain ~USD 100 Billion by 2035

Research Nester’s recent market research analysis on “Polyurethane Foam Market : Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global polyurethane foam market in terms of market segmentation by product type, density, application, end-use industry, and by region.

Surge in the Use of Polyurethane Foam in Straps to Boost the Growth of Global Polyurethane Foam Market

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Some of the major growth factors and challenges that are associated with the growth of the global polyurethane foam market are:

Growth Drivers:

Rise in the Production of Footwear

Growth in the Production of Furniture

Challenges:

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About Us

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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#Polyurethane Foam Market

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efrost · 1 year ago

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Automotive Interiors Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis

Latest study released by AMA Research on Global Automotive Interiors Market research focuses on latest market trend, opportunities and various future aspects so you can get a variety of ways to maximize your profits. Automotive Interiors Market predicted until 2027*. Basics of automotive interior are automotive navigation system, backup camera, power steering, airbag, armrest, remote key less system, power door lock, child safety lock, air conditioning, car phone, seat belt, automobile accessory power, gear stick and others.

Automotive interior market is expected to grow potentially over forecast period owing to growing automotive industry globally, passenger and electric vehicle segment and increasing demand for self-running/ automatic vehicles

Some of Key Players included in Automotive Interiors Market are

Lear Corporation (United States)

Magna International, Inc. (Canada)

Continental AG (Germany)

Calsonic Kansei Corporation (Japan)

Delphi Automotive PLC (United Kingdom)

Panasonic Corporation (Japan)

Hyundai Mobis Co. Ltd. (South Korea)

Toyota Boshoku Corporation (Japan)

Tachi-S Co. Ltd. (Japan)

Aisin Seiki Ltd (Japan)

Calsonic Kansei Corporation (Japan)

Continental AG (Germany)

Delphi Automotive PLC (Ireland)

Faurecia S.A. (France)

Gentex Corporation (United States)

International Automotive Components Group S.A. (Luxembourg)

Johnson Controls Inc. (United States)

Kongsberg Automotive (Japan)

Magna International Inc. (Canada)

Nippon Seiki (Japan)

Pioneer Corp (Japan)

Market Trends: Growing Adoption for Interior Designing

Drivers: Growing Automobile Industry

Escalating Passenger Car and Electric Vehicle

Challenges: Intense Competition

Opportunities: Rising Demand of Self-ruling Vehicles

The titled segments and Market Data are Break Down by Type (Perfume, Neck Pillow, Hanging Drop, Foot Pad, Steering Wheel Cover, Others), Vehicle (PV, LCV, HCV), Distribution Channel (Online Retail, Offline Retail)

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AMA Research & Media LLP

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researchvishal · 2 years ago

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Automotive Foams Market Latest Advancements And Business Opportunities up to 2032

Global Automotive Foams Market Size is projected to be worth US$ 42,300.0 million in 2022 and to increase at a CAGR of 11.2% to US$ 122,289.2 million from 2022 to 2032. The global automotive industry, which has been expanding and has in some places reached pre-recession economic levels, is expected to be the automotive foam market's main driver.

Key Takeaways:

With regard to automotive foams, Europe commands the largest automotive foam market share. The region is projected to grow at a rate of over 24.5%.

Automotive Foams are predicted to experience rapid automotive foam market growth in North America, where they are projected to account for 21.6% of global sales in 2022.

With lucrative growth prospects, Asia-Pacific is anticipated to grow and account for a sizeable 16.4% of the global automotive foams market by 2022.

The automotive foam market is anticipated to experience significant growth in the Middle East & Africa region, which is projected to account for 9.2% of global market share in 2022.

Automotive foams are specialized materials used in various components of a vehicle, such as seats, headliners, door panels, dashboard, and insulation. These foams are designed to provide a range of benefits, including comfort, noise reduction, vibration dampening, and impact resistance. There are different types of automotive foams used in the automotive industry

Polyurethane foam: This is the most commonly used foam in the automotive industry. It is lightweight, durable, and has excellent vibration dampening and insulation properties. Polyurethane foam is used in car seats, headrests, armrests, and door panels.

Start-up Ecosystem:

Numerous well-known market participants, including Sarva Foam Industries Pvt. Ltd., Alpha Foam Ltd., Goldcoin Foam Pvt. Ltd., IRE-TEX Premier India Pvt. Ltd., Premratan Concast Pvt Ltd., and Royal EPE Foam Private Limited, among others, are collaborating to deliver the best-in-class Acrylic BoxCleaes for enhancing the global scene. However, there are numerous international start-ups in the automotive foams market who are moving forward to meet the demands of the automotive foams domain.

Sarva Foam Industries Private Limited

Unlisted private company Sarva Foam Industries Private Limited was established on October 8, 2018. It is situated in Bhopal, Madhya Pradesh, and is categorised as a private limited company. EPE foams are the area of expertise for Sarva Foam.

IreTex Premier India Pvt. Ltd.

One of the top producers and exporters of EPE foam and air bubbles since its establishment in 2007, IreTex Premier India Pvt. Ltd. IreTex Premier is dedicated to offering a broad selection of EPE foams and air bubble products for packaging needs that are of the highest quality and offered at affordable prices.

The demand for cars is anticipated to increase as a result of rising disposable income and purchasing power parity in emerging economies from the Asia Pacific. This factor is anticipated to be positive for automotive foam market demand. The primary factors anticipated to accelerate the automotive foam market's growth are the rising OEM preference for foam products in commercial vehicle applications and the rising demand for foam in developing nations.

For more information: https://www.futuremarketinsights.com/reports/automotive-foams-market

On the other hand, the slowdown in the economy, proper disposal, and recycling practises are some of the main factors limiting growth in the automotive foam market and are anticipated to do so over the course of the forecast period.

Electric vehicles are anticipated to present significant growth opportunities in the region, which will cause the Europe region to experience automotive foam market growth over the course of the forecast period. Additionally, as a result of the UK's steady economic growth, the number of vehicles in use has grown over time.

Over the course of the forecast period, it is anticipated that the presence of significant auto manufacturers in the area, which are continually increasing their production capacity, will have an effect on regional product demand for automotive foam.

Within a short period of time, the Tesla Cybertruck has received more than 250,000 orders. By the end of 2021, it's anticipated that production of these trucks will begin. Over the forecast period, Europe is also anticipated to experience modest automotive foam market growth.

Competitive Landscape:

In the global automotive foams market, some of the major players include Bridgestone Corporation, Johnson Controls, Evonik Industries AG, BASF SE, Rogers Corporation, FoamPartner, ARMACELL LLC, Woodbridge, Lear Corporation, Toray Plastics (America), Inc., The Dow Chemical Company, Recticel, Fostek Corporation, Trocellen, and Zotefoams Plc.

The automotive foam market is extremely competitive, which can be attributed to the large number of participants. A number of regional level players are also active across key growth regions, particularly in Europe, even though global players with significant automotive foam market share include Bridgestone Corporation, Johnson Controls, Evonik Industries AG, BASF SE, and Rogers Corporation.

Key Segments Profiled in the Automotive Foams Industry Survey

Automotive Foams Market by Foam Type:

Polyurethane Automotive Foam

Polyolefin Automotive Foam

Other Automotive Foam Types

Automotive Foams Market by Application:

Automotive Foams for Seating

Automotive Foams for Door Panels & Water shields

Automotive Foams for Instrument Panels

Automotive Foams for Bumper System

Automotive Foams for Other Applications

Automotive Foams Market by End Use:

Automotive Foams for Passenger Vehicles

Automotive Foams for Light Commercial Vehicles (LCV)

Automotive Foams for Heavy Commercial Vehicles (HCV)

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imrmarketresearch20 · 2 years ago

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Automotive Armrest Market

Global Automotive Armrest Market was valued at USD 1.99 billion in 2021 and is expected to reach USD 2.07 billion by the year 2028, at a CAGR of 0.59%.

An automotive armrest is a feature in vehicles where the occupants can rest their hands. The armrest is also used to keep essential things in them so as to easily access it while driving. The armrest features include a cup stand, storage and also comprises of some controlling functions of the vehicle. The armrests on the rear seats are foldable and can be used as a seat for a third person or as a hand rest. This feature is provided in some mid-range cars and all luxury vehicles. Almost every car comprises of an armrest on the door which can be used to rest your hands or hold the door when you open the door. Armrests are adjustable and fully foldable which provide comfort while driving regardless of the position of the seat or the height of the occupant.

Besides, armrest with features such as such as wireless charging, portability and soft materials such as leather, fabric, or vinyl enhances the aesthetics which are gaining more popularity among the consumers. The rising production and sales of vehicles are thus increasing the demand for armrest in the global market. Moreover, the increasing focus on the aesthetics of the cars and growing car rental market is expected to boost the growth of the automotive armrest market during the forecast period.

#Automotive Armrest Market #Automotive Armrest Market Share #Automotive Armrest Market Size #Automotive Armrest Market Growth #Automotive Armrest Market Trend #Automotive Armrest Market Opportunity

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marketresearchpp · 2 years ago

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The automotive Armrest Market

The automotive Armrest Market is anticipated to reach USD 2062.78 Million by 2027, growing at a CAGR of more than 0.59% during the forecast period.

Market Insights

Top Impacting Factors

Increase in the production & sales of vehicles, rise in the demand for rental cars, demand for aftermarket, and surge in inclination for car aesthetics drive the automotive armrest market.

However, unavailability of pre-installed armrest, and lack of interior space hinder the growth of the automotive armrest market.

On the contrary, improvement in the quality & comfort, and rise in E-commerce preference for armrest market provide growth opportunities for the automotive armrest market.

#Automotive Armrest Market #Automotive Armrest Industry Analysis #Automotive Armrest Market Size #Automotive Armrest Market Share #Automotive Armrest Market Growth #Automotive Armrest Market Trends

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severepeanutperfection · 2 years ago

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Train Seat Market Demand, Scope and Future Estimation until 2032

The global train seat market is estimated to garner US$ 3,001 Million while exhibiting a 4.5% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 1,933 Million in 2022.

With increasing urbanization and increasing investment due to the growth of financial economies like china, and India there is an increase in demand for the train seat market. Increasing government investment in the development of railways drives the growth of the market. Increasing government initiatives aiming to attract tourists and travelers and usage of high-speed trains for long routes with a luxurious interior and better services will further help in the growth of the train seat market.

The regional/intercity segment is likely to offer remunerative opportunities for the global train seat market. Several emerging economies are making significant developments in their technological sector, thereby, providing lucrative opportunities to players in the market.

Key Takeaways:

The global train seat market is estimated at USD 1850 Million in 2021

By train, the regional/intercity segment is expected to generate demand of over US$ 300.5 Million in the forecasting period

By product, the non-recliner segment accounts for the CAGR of 5% during the forecasting period.

Market in the US accounts for 3% CAGR in 2021.

Market in the Asia Pacific to procure a market share of 890.5Million during the assessment period.

“The increasing consumer inclination towards safety and security in railway transportation and high investment in train sector development by government authorities are expected to fuel the demand for train seat market over the forecast period”

Competitive Landscape

Key players in the global train seats market are Freedman Seating Co., Saira Seats, FISA Srl, Grammar AG, Franz Kiel GmbH, KTK Group, USSC Group, Transcal Ltd., Seats Incorporated, and GINYO Transport, among others

Recent updates from the industry are:

In May 2020 - Freedman Seating Introduces Passenger Protective Equipment. These new products help fight the spread of germs on public and commercial transportation. Freedman’s Passenger Protective Equipment includes a Passenger guard, grab rail cover, and Social distance seat belt.

Seats Incorporated designs, manufactures and markets seating and accessories for operators of vehicles with wheels or tracks. Seats Incorporated is now one of the most diverse seating manufacturers with products that are used in a wide variety of applications including industrial trucks, over-the-highway semi-tractors, off-highway equipment, earth moving equipment, military vehicles, and emergency vehicles.

September 2021– Grammer is expanding in the Chinese automotive market. the company opened a new production site in the economic metropolis of Shenyang. The plant manufactures high-quality centre consoles, armrests and other interior components for vehicles from a European premium manufacturer.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global train seat market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Train (Regional/Intercity, High-speed, Metro, Light), by Product (Non-recliner, Luxury/Premium, Recliner, Subway Seats, Sleeper/Couchette), by Application (OEM, Aftermarket) and Region (North America, Europe, APAC, MEA, and Latin America)

About the Automotive Division at Future Market Insights

The automotive team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analysing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

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imrmarket · 2 years ago

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Automotive Armrest industry by type ,by application and trends

Top Impacting Factors

· Increase in the production & sales of vehicles, rise in the demand for rental cars, demand for aftermarket, and surge in inclination for car aesthetics drive the automotive armrest market.

· However, unavailability of pre-installed armrest, and lack of interior space hinder the growth of the automotive armrest market.

· On the contrary, improvement in the quality & comfort, and rise in E-commerce preference for armrest market provide growth opportunities for the automotive armrest market.

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Automotive Armrest Market - Size, Competitive Landscape and Segmentation Analysis:

Automotive Armrest Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offers a thorough examination of the current market and market dynamics. This crucial understanding of the report's objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market.

The key players covered in the Automotive Armrest market report is:

· Grammer

· EFH Armrests

· Fehrer

· ABC Group

· BOS

· Master Molded Products Corporation

· Irvin Automotive Products

· Accuride

· Bentex Automotive

· Yangfeng Johnson Controls

· Intap

· Proseat

· Noco AB

Segmentation of Automotive Armrest market:

In market segmentation by Type, Automotive Armrest Market report covers:

· Passenger Vehicles

· Commercial Vehicles

In market segmentation by Material, Automotive Armrest Market report covers:

· Wood

· Plastic

· Steel

· Aluminium

Market Segment by Regions and Countries Level Analysis:

· North America (U.S., Canada, Mexico)

· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

· South America (Brazil, Argentina, Rest of South America)

Covid-19 Impact and Recovery Analysis on Industry:

We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Automotive Armrest industry. The study categories the Automotive Armrest industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.

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Automotive Armrest Market Report contains market data from 2022 to 2028, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2022to 2028. Detailed sales channels are also covered in the study.

#Automotive Armrest Market Automotive Armrest Market Size Automotive Armrest Market Share Automotive Armrest Market Growth Automotive Arm

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marketwire · 2 years ago

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Thermosets Market Size Forecast to Reach $42.5 Billion by 2026

Thermosets Market size is forecast to reach $42.5 billion by 2026, after growing at a CAGR of 4.6% during 2021-2026. The thermoset's properties include excellent strength, light weight, low specific gravity, excellent elasticity modulus, and high resistance to corrosion, and among others. Thermoset's superior properties have led to their growing applicability across a range of end-use sectors, including wind power, automobile, aerospace, building & infrastructure. Thermoset resins are very versatile materials, due to this they are used for building blocks. Also, diamines are the most common epoxy curing agent which is used in building block. Diamine along with epoxy resin to make harden the thermoset through crosslinking, hence it is also called hardeners. Thus, one of the major factors driving the growth of the thermoset market, is the rising demand for lightweight and robust substitute materials from the building & construction, aerospace, automobile, and transport industries. For instance, according to Federation of Automobile Dealers Associations (FADA), in India sales of passenger vehicles was at 2,91,001 units in November 2020, compared with 2,79,365 units in November 2019. Hence, increasing production of vehicles is expected to grow the automotive industry, in turn, increasing the demand for thermoset market.

Thermosets Market Segment Analysis – By Resin Type

The epoxy resin segment held the largest share of more than 30% in the thermoset market in 2020, because of its superior features, such as durability, resistance to scratching, resistance to abrasion, resistance to impact, strong chemical resistance, and ability to weather. The major benefit of epoxy is that nearly all substrates are suitable for bonding. In addition, epoxy resin is able to have various different properties as it is combined and cured together with various curing agents like hardeners and catalysts. They are also highly resistant to physical and chemical influences, and also have elevated long-term stability because they only have a limited tendency to slip. They can withstand continuous temperatures from 200 0F (95°C) up to 390 0F (200°C) depending on the type. These extensive epoxy resin characteristics are expected to increase thermoset demand during the forecast period.

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Thermosets Market Segment Analysis – By Molding Process

Injection Molding (RIM) process has dominated the market for thermosets market in 2020 with a share of more than 55%. Injection molding developed thermoset materials at moderate temperatures (approximately 200° F) and give a long shelf life in the barrel and react very quickly when the temperature is raised to 3500 F to 400° F as the material is forced through the sprue, runners, gates and fills the cavities. This unique development in materials helped to gain acceptance of injection molding as a reliable production process, which highly used in thermoset market.

Thermosets Market Segment Analysis - By Application

Automotive sector dominated the market for thermosets market in 2020 with a share of more than 30%, and is projected to grow at a CAGR of 4.43%. In vehicles, polyurethane thermoset material is used for the manufacture of seating and interior parts, such as armrests, headrests, headliners and dashboards. The movement towards the use of lightweight and high-performance materials in the manufacture of vehicles to increase fuel efficiency is expected to boost demand. Increased construction spending coupled with the development of vehicles, particularly in the Asia Pacific region, is likely to booster opportunities for various applications such as insulation and the production of vehicle components. According to IBEF, Indian automotive industry (including component manufacturing) is expected to reach US$ 251 to US$ 282 billion by 2026. Furthermore, in March 2020, Toyota Motor Corporation and Hino Motors, Ltd., announced plans to jointly develop a heavy-duty fuel cell truck. Heavy-duty trucks are typically used for highway transportation; therefore, they are required to have sufficient cruising range and load capacity as well as fast refueling capability. This element is expected to fuel demand for thermosets like alkyd resins, UPR, PU and epoxy resins.

Thermosets Market Segment Analysis- By Geography

Asia Pacific dominated the thermosets market share with more than 36%, in 2020. Over the next decade, Asia Pacific is expected to grow as the main market for thermoset composites. Based on its demand from various end-use industries such as manufacturing, vehicles and chemicals, Asia Pacific has become the leading area for consuming thermosets. Owing to the growth of the automotive industry coupled with growing disposable income, China and India are expected to see substantial gains over the projected period. According to IBEF, in India passenger vehicle sales was at 3,10,294 units in October 2020, compared with 2,71,737 units in October 2019, registering a 14.19% growth. Also, the Indian Government expects automobile sector to attract US$ 8 to US$10 billion in local and foreign investments by 2023. In addition, demand can be powered by continued developments in the shipping, wind power, and construction and infrastructure sectors. It will estimate that industrialization and rapid economic change would fuel business demand for thermosets.

Thermosets Market Drivers

Increasing Demand of Thermosets

Through preventing the deposition of unrecyclable polymers in landfills and unregulated areas, understanding of environmental conservation has been growing. To promote the production of recyclable thermosets, tax incentives and legislation have been implemented. In response, some novel polymers that not only have high-performance features in line with traditional thermosets, but are also recyclable have been developed by researchers. The global market for recyclable thermosets has been significantly improved by favorable research activities. The changing regulatory scenario and the increasing customer perception of the importance of decreasing the use of fossil fuels are both critical for the growth of the industry and will drive the market significantly over the forecast span of the study.

Increase in Automotive Production

In the automotive industry, thermosets curing agents or crosslinking agents (also called hardeners) are widely used for the production of automotive components such as pump parts, pulleys, pistons, carbon brush holders, electrical endplates, wheels, panels, vacuum pumps, water pump housings, pedals, and electrical encapsulation. Thermoset composites can be 30% -40% lighter than aluminum and provide very high heat tolerance and resistance to fatigue, which is expected to increase thermoset demand during the forecast period. The Chinese government expects the production of automobiles to reach 35 million units by 2025, according to the International Trade Administration (ITA). In 2017, the Australian market sold 1.2 million new passenger cars, SUVs, and commercial vehicles, an increase of 0.9 % from 2016. According to International Organization of Motor Vehicle Manufacturers (IOMVM), the production of light commercial vehicles has also increased in the APAC region by 10.2 % in 2018. Light commercial vehicle production has increased from 2,249,348 in 2018 to 2,254,153 in 2019, an increase of 0.2 % in Europe. The increasing production of automotive will therefore require more thermosets, which will act as a driver for the market for thermosets.

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Thermosets Market Challenges

Volatility in Raw Material Prices

One of the main problems for producers is uncertainty of raw material costs for crosslinking agents. Business development is expected to be threatened by fluctuating prices of curing agents such as epoxy resins & PU, along with growing environmental issues due to increasing carbon footprints. These resins are petroleum-based product; thus, the crude oil fluctuation can hamper the market growth. For instance, according to BP static, Global oil production fell by 60,000 barrel per day was more than offset by a decline in Organization of the Petroleum Exporting Countries (OPEC) production, led by U.S, (-2 million b/d), Iran (-1.3 million b/d) Venezuela (-560,000 b/d) and Saudi Arabia (-430,000 b/d). hence, volatility of raw materials will be hampering the market growth in near future.

Thermosets Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Thermosets Market. Major players in the Thermosets Market top 10 companies are 3M, DuPont, BASF, Huntsman, Ashland and Dow Chemicals. Other prominent companies include Lanxess, DSM, AOC Resins, Performance Material Holding and Sika AG and among others.

Acquisitions/Technology Launches

In August 2019, Teijin Limited acquired Renegade Materials Corporation, a leading North American supplier of highly heat-resistant thermoset prepreg for the aerospace industry. The acquisition will expand its aerospace business to include production capabilities for high-temperature prepreg materials that are used to manufacture engine parts in next-generation aircraft.

Key Takeaways

Thermoset materials are commonly adopted in various end use industries such as automotive with demand for lightweight materials, aerospace, and military industries, due to dimensional control, as well as resistance to high temperatures and corrosive elements and improved strength-to-weight ratio.

According to the India Brand Equity Foundation (IBEF), The MRO (maintenance, repair and overhaul) aerospace industry is likely to grow over US$ 2.4 billion by 2028 from US$ 800 million in 2018. Also, the number of airplanes is expected to reach 1,100 by 2027.

Emerging developments are expected to have a more positive effect on the demand for thermoset composites, including the development of rapid cure resin systems; increased use of heat, smoke, and poisonous resin; and innovations in bio-based thermosets.

Cross-linking agent is irreversible therefore thermosets resins cannot be reprocessed or recycled in their original state, nor can they be spontaneously decomposed; environmental issues are also the key restrictions of the demand for thermoset resins.

Related Reports:

A. Thermoset Resin Market

https://www.industryarc.com/Report/16295/thermoset-resins-market.html

B. Thermoset Molding Compound Market

https://www.industryarc.com/Research/Thermoset-Molding-Compound-Market-Research-501485

For more Market related Chemicals and Materials, please click here

#Thermosets Market #Thermosets Market share #Thermosets Market size

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industryrecentdevelopment · 3 years ago

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Automotive Armrest Market - Global Industry Analysis, Size, Share, Growth

The automotive Armrest Market is anticipated to reach USD 2062.78 Million by 2027, growing at a CAGR of more than 0.59% during the forecast period.

Market Insights

Top Impacting Factors

· Increase in the production & sales of vehicles, rise in the demand for rental cars, demand for aftermarket, and surge in inclination for car aesthetics drive the automotive armrest market.

· However, unavailability of pre-installed armrest, and lack of interior space hinder the growth of the automotive armrest market.

· On the contrary, improvement in the quality & comfort, and rise in E-commerce preference for armrest market provide growth opportunities for the automotive armrest market.

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Automotive Armrest Market - Size, Competitive Landscape and Segmentation Analysis:

The key players covered in the Automotive Armrest market report is:

The global automotive armrest market is highly fragmented owing to the existence of a number .

Grammer, EFH Armrests, Feer, ABC Group, BOS, Master Molded Products Corporation, Irvin Automotive Products, Accuride, Bentex Automotive, Yangfeng Johnson Controls, Intap, Proseat, Noco AB

Segmentation of Automotive Armrest market:

In market segmentation by Type, Automotive Armrest Market report covers:

Passenger Vehicles, Commercial Vehicles

In market segmentation by Material, Automotive Armrest Market report covers:

Wood, Plastic, Steel, Aluminium

Market Segment by Regions and Countries Level Analysis:

· North America (U.S., Canada, Mexico)

· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

· South America (Brazil, Argentina, Rest of South America)

Covid-19 Impact and Recovery Analysis on Industry:

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#Automotive Armrest Market

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marketreportss · 3 years ago

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Best Car Armrest options for a comfortable drive

Automotive Armrest Market is anticipated to reach USD 2062.78 Million by 2027, growing at a CAGR of more than 0.59% during forecast period.

Market Insights

Armrest adds to the overall comfort of the car and makes the driving experience convenient for the driver. The armrest is located either in the front of the vehicle, rear of the vehicle, or both. Armrests are provided in some mid-range cars and all luxury vehicles. Although, the people who are interested to install this feature can also purchase these parts through the aftermarket. The armrest in the front also contains a storage space, which allows the driver to store belongings inside. Additionally on the back of the front armrest cup holders and air conditioning vents can be provided to enhance the comfort of passengers in the back. Furthermore, the armrest on the rear seats is foldable, which can be used as a seat for the third person or as a hand rest. This feature is available in luxury cars. In some designs where occupant safety is emphasized, including Volvo models, the armrest is doubled for the child seat with a complete adjustable seatbelt. The armrest with features such as wireless charging & portability has enhanced the aesthetics, gaining more popularity among the customers. Thus, the demand for production & sales of the vehicles, including the growth of the car rental market, is expected to boost the automotive armrest market.

Read More : https://introspectivemarketresearch.com/reports/automotive-armrest--market/

Top Impacting Factors

· Increase in the production & sales of vehicles, rise in the demand for rental cars, demand for aftermarket, and surge in inclination for car aesthetics drive the automotive armrest market.

· However, unavailability of pre-installed armrest, and lack of interior space hinder the growth of the automotive armrest market.

· On the contrary, improvement in the quality & comfort, and rise in E-commerce preference for armrest market provide growth opportunities for the automotive armrest market.

Automotive Armrest Market - Size, Competitive Landscape and Segmentation Analysis:

The key players covered in the Automotive Armrest market report is:

The global automotive armrest market is highly fragmented owing to the existence of a number .

Grammer, EFH Armrests, Feer, ABC Group, BOS, Master Molded Products Corporation, Irvin Automotive Products, Accuride, Bentex Automotive, Yangfeng Johnson Controls, Intap, Proseat, Noco AB

Segmentation of Automotive Armrest market:

In market segmentation by Type, Automotive Armrest Market report covers:

Passenger Vehicles, Commercial Vehicles

In market segmentation by Material, Automotive Armrest Market report covers:

Wood, Plastic, Steel, Aluminium

Market Segment by Regions and Countries Level Analysis:

· North America (U.S., Canada, Mexico)

· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

· South America (Brazil, Argentina, Rest of South America)

Covid-19 Impact and Recovery Analysis on Industry:

Share your Queries: https://introspectivemarketresearch.com/inquiry/11282

#Automotive Armrest Market #Automotive Armrest Market share #Automotive Armrest Market size #Automotive Armrest Market growth

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sandlerresearch · 3 years ago

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Automotive Plastics Market for Passenger Cars by Product Type (PP, PU, PVC, PA), Application (Interior, Exterior, Under Bonnet), Vehicle Type (Conventional Cars, Electric Cars), and Geography - Global Forecast to 2026 published on

https://www.sandlerresearch.org/automotive-plastics-market-for-passenger-cars-by-product-type-pp-pu-pvc-pa-application-interior-exterior-under-bonnet-vehicle-type-conventional-cars-electric-cars-and-geography-global.html

“The automotive plastics market for passenger cars is projected to grow at a CAGR of 7.9% from 2021 to 2026, in terms of value.”

The global automotive plastics market for passenger cars size cars is estimated at USD 21.1 billion in 2021 and is projected to reach USD 30.8 billion by 2026, at a CAGR of 7.9%. during the forecast period 2021 to 2026. The increasing demand for passengers cars owing to an increase in disposable income, changing lifestyles, and growing population in emerging economies are some of the drivers for the automotive plastics market for passenger cars to grow.

“The under bonnet application segment is projected to grow at the highest CAGR during the forecast period.”

Based on application, the under bonnet application is the fastest-growing segment of the automotive plastics market for passenger cars. with the increasing demand for passenger cars, the demand for plastic powertrain components such as housing and electric motor casing is likely to increase. Also, other factors responsible for the market growth include battery thermal management systems that require high-quality polymer casing and the deployment of lightweight components for electric motor. New plastic innovations in the electric powertrain such as adoption of polymer in the cooling concept of electric motor housing material are likely to result in the growth of advanced plastics used for under bonnet components.

“The PU product type segment is the largest market in 2020”

PU is the largest product type segment in the automotive plastics market for passenger cars. PU is a strong and light material that helps designers and manufacturers design seating and other components that can be assembled, disassembled, and recycled. They are available in a wide range of stiffness, hardness, and densities, and are used in seats, steering wheels, automotive suspension bushings, carpet backing, seat overlays, head & armrests, airbag covers, acoustic insulations and insulation panels. Polyurethane is the most durable and can be recycled, thereby finding plenty of applications in automotive plastics for passenger cars. Polyurethanes help in improving the quality, safety, and cost-effectiveness of modern cars. The developing economies of APAC, such as China and India, are driving the demand for polyurethanes owing to the increase in car production in these countries.

“Asia Pacific is projected to grow the highest CAGR in the automotive plastics market for passenger cars during the forecast period.”

Asia Pacific is the largest and fastest-growing market in the automotive plastics market for passenger cars. It is the largest market because of the increased use of plastics in the vehicles produced in China, Japan and India. The vehicle production in these countries is growing at a rapid rate because of the presence of major automotive players such as Honda, Toyota, Hyundai, Maruti Suzuki and Nissan. Manufacturers such as BMW and Volkswagen have already set up manufacturing units in these countries. In terms of geography, Asia has the highest sales of automotive, making it the largest market for plastic for passenger cars. Such factors are expected to fuel the growth of the automotive plastics market for passenger cars in the region.

Profile break-up of primary participants for the report:

By Company Type: Tier 1 – 30%, Tier 2 – 43%, and Tier 3 – 27%

By Designation: C-level Executives – 21%, Directors – 23%, and Others – 56%

By Region: Asia Pacific – 41%, Europe – 30%, North America – 18%, and South America, Middle East & Africa – 11%,

Furthermore, as a part of the qualitative analysis of the automotive plastics market for passenger cars, the research provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the growth of the market across the globe. It also discusses competitive strategies adopted by the leading market players such as BASF SE (Germany), SABIC (Saudi Arabia), LyondellBasell Industries Holdings BV (Netherlands), LG Chem (South Korea), DuPont (US), Covestro AG (Germany), Evonik Industries AG (Germany), Solvay (Belgium), Arkema SA (France), Borealis AG (Austria), LANXESS (Germany), DSM (Netherlands), Toray Industries Inc. (Japan), Mitsui Chemicals (Japan), Celanese Corporation (US), Toyota Boshoku Corporation (Japan), Faurecia SA (France), TOYODA GOSEI Co., Ltd. (Japan), INEOS (UK) Sumitomo Chemicals Co. (Japan), Ltd., UBE Industries (Japan), Mitsubishi Engineering Plastics Corporation (Japan), Formosa Plastics Corporation (Taiwan), EMI Chemi Holdings (China), and Momentive Performance Materials (US), AGC Chemicals Americas Inc (US), Chevron Phillips Chemicals (US), BRASKEM (US), PTT Global Chemical (Thailand), Hanwha Chemical (Thailand), Stratasys (Israel), APPL Industries Ltd (India), KRAIBURG Holding GmbH & Co. Kg (Germany), Saint-Gobain Group (France), AG Industries Pvt Ltd (India) are the key players in the automotive plastics market.

Research Coverage:

The report defines, segments, and projects the size of the automotive plastics market for passenger cars based on product type, vehicle type, application, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments such as new product launches, joint ventures, acquisitions, partnerships and expansions undertaken by them in the market.

Key Benefits of Buying the Report:

The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the automotive plastics market for passenger cars and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

#Chemicals

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priyankachavan · 3 years ago

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Acute Growth of Automotive Armrest Market Opportunity Assessments 2021-2025

Automotive Armrest Industry Outlook 2021

The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global

Automotive Armrest Market

is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.

Staying on top of market trends & drivers is crucial for decision-makers to hold this emerging opportunity. The study provides information on market trends and development, drivers, capacities, technologies, and the changing investment structure of the Automotive Armrest market. The development scope, feasibility study, Automotive Armrest market concentration, and maturity analysis is elaborated in this report. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments.

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The report concludes with the profiles of major players in the Automotive Armrest market are:

Grammer,EFH Armrests,Fehrer,ABC Group,BOS,Master Molded Products Corporation,Irvin Automotive Products,Accuride,Bentex Automotive,Yangfeng Johnson Controls,Intap,Proseat,Noco AB

Type Segmentation:

Front,Back

Industry Segmentation:

Application 1,Application 2,Other

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Important Features that are under offering & key highlights of the report:

– Detailed overview of COVID-19 Automotive Armrest market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of COVID-19 Automotive Armrest market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

– A neutral perspective towards COVID-19 Automotive Armrest market performance

– Market players information to sustain and enhance their footprint

This study mainly helps understand which market segments or Region or Country they should focus in coming years to conduct their efforts and investments to maximize growth and profitability. Market competitive landscape and consistent in-depth analysis of the major vendor/key players in the industry along with the impact of economic slowdown due to COVID are included in this report.

Regional Analysis for Automotive Armrest Market:

• North America (the USA and Canada)

• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

• Latin America (Brazil, Mexico and Rest of Latin America)

• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

In this study, the years considered to estimate the market size of Automotive Armrest Market:

History Year: 2015 – 2020

Base Year: 2020

Estimated Year: 2021

Forecast Year: 2021 – 2025

Free Customization on the basis of client requirements on Immediate purchase:

1- Free country-level breakdown of any 5 countries of your interest.

2- Competitive breakdown of segment revenue by market players.

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How will this report benefit potential stakeholders?

It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for Automotive Armrest market to figure out and study the market’s needs, market size, and competition.

Thinking One Step Ahead

In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, union & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction.

In conclusion, the Automotive Armrest Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and Porters Five analysis is also incorporated in the report.

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#Automotive Armrest Automotive Armrest MarketAutomotive Armrest Market ManufactureAutomotive Armrest Market Research Report Automotive Armres

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reports-and-data · 3 years ago

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Polymer Foam Market Size worth USD 146.91 Billion By 2027

The global Polymer Foam market is forecast to reach USD 146.91 Billion by 2027, according to a new report by Reports and Data. The industry is expected to be driven by growing demand from the automobile, manufacturing, and building industries. Polymer foams are commonly used in a range of structural constructions in combination with other materials, high strength foam furniture, rigid insulation sheets, vehicle frames, fabric underlays, upholstery padding, and wrapping, among others.

Polymer foams are incredibly lightweight and flexible; they are highly durable, resilient to mildew, and dermatologically safe. Such features make them safe and acceptable for many consumer applications. Polyurethane (PU) foams are robust, lightweight, flexible, and corrosion and friction resistant, recyclable, and provide a high degree of geometric design flexibility. PU is widely used for the development of lightweight, fuel-efficient, and robust systems in various passenger vehicle seat cushions, gasket seals, armrests, headrests, cushioned control panels, airbags, and other parts. The low melting strength of such products, especially polypropylene, has generally restricted this segment 's expansion on the global market.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1300

The report includes insights into the key players of the market along with their company profiles, market position, financial standing, product portfolio, and strategic business expansion. The report offers a clear understanding of the competitive scenario with a detailed study about the latest mergers & acquisitions, partnerships, collaborations, R&D activities, joint ventures, licensing agreements, along with brand promotions and product launches. The report also covers SWOT analysis and Porter’s Five Forces analysis to offer crucial insights about each market player.

The key companies operating in the industry include

BASF SE, Woodbridge Foam Corporation, Borealis AG, Sealed Air Corporation, Zotefoams PL, Armacell International S.A., Arkema Group, Fritz Nauer AG, and Recticel Group, among others.

The report further segments the market into product types and key applications along with a thorough regional analysis to impart a better understanding of the market spread, production and consumption patterns, key trends, manufacturing facilities, profit margins, and others in each region. The report also assesses the presence of prominent players in each key geographical region.

Type Outlook (Revenue, USD Billion; 2017-2027)

Polystyrene Foam

Polyurethane foam

Pvc Foam

Phenolic Foam

Polyolefin Foam

Melamine Foam

Others

Foam Type Outlook (Revenue, USD Billion; 2017-2027)

Rigid

Flexible

Application Outlook (Revenue, USD Billion; 2017-2027)

Packaging

Building & Construction

Furniture & Bedding

Automotive

Rail Wind

Marine

Others

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1300

The report on the global Polymer Foam market provides a comprehensive analysis of the market opportunities, market share, market size, global landscape, market dynamics, industrial chain analysis, market growth, revenue growth, and current and emerging market trends. It also covers a comprehensive analysis of the market drivers and restraining factors, opportunities, growth prospects, and technological advancements in the market.

The regional analysis offers a better understanding of the market’s scope in key geographical regions of the world. It presents valuable and actionable insights about the production and consumption pattern, supply and demand ratio, sales, market share and size, and the presence of the key players in each region. The report covers key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It also sheds light on the regions expected to show lucrative growth in the projected timeframe.

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/polymer-foams-market

The Polymer Foam market report is an investigative study that provides insights into opportunities, limitations, and barriers faced by the companies that influence or hinder the growth of the industry. It also offers critical insights to the novice players and established companies to overcome the barriers and hurdles of the market. Overall the report provides valuable information and an overview of the market scenario to gain a better understanding of the market.

Thank you for reading our report. For further queries, please connect with us to know more about the report and its customization. Our team will ensure the report is customized accurately to meet your requirements.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Power and Energy, and Chemicals. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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#market #trends #analysis #growth

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