#Indonesia Plastic Pipes Sales Value in USD Million
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1,6 Hexanediol Market – Industry Trends and Forecast to 2026
Market Analysis: 1,6 Hexanediol Market
Global 1,6 hexanediol market is estimated to reach USD 1525.16 million with a substantial CAGR of 7.5% by the end of 2026. This rise in market value can be attributed due to wide applications of end products, growth in wind energy sector.
Market Definition: 1,6 Hexanediol Market
1,6 hexanediol is a colorless crystalline solid with high affinity towards water. The 1,6 hexanediol has made a significant progress with the end-use industries which is helped by the fact that 1,6 hexanediol can be customized in order to suit the standards and safety requirements of the final product. The latest trend in this market is high demand for 1,6 hexanediol in Asia-Pacific from the wind energy sector. Manufacturing of end products such as polyurethanes, coatings, acrylates, adhesives, polyester resins, and plasticizers have witnessed an increase in demand for 1,6 hexanediol, which is expected to be the major driver over the forecast period.
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Market Drivers:
· Swift Growth for 1,6-Hexanediol in the Asia-Pacific region
· Growing demand from the wind energy sector is driving the market growth
· Base for manufacturing of other chemical compounds such as polyurethanes, coatings, acrylates, adhesives is driving the market
Market Restraints:
· Volatility in raw material prices is acting as restraint for the market
· Availability of substitutes such as butendiol and pentanediol is one of the restraints of the market
· Transportation and storage is one of the restraints for the market
Segmentation: Global 1,6 Hexanediol Market
By Ingredients
· Cyclohexane
· Adipid Acid
By Application
· Polyurethanes
o Foam
o Elastomers
o Paint and Coatings
· Coatings
o Building and Construction
· Acrylates
o Paints and Coatings
· Plasticizers
o Automotives
o Food Packaging
o Packaging & Materials
o Medical Device
o Wire & Cables
· Adhesives
o Paints
o Ceramic and Leather
o Adhesives & Sealants
o Flocculants
· Polyster Resins
o Architects
o Builders
o Marine
o Automotive & Transportation
o Pipe & Tanks
o Eletrical & Electronics
o Wind Energy
· By Geography
· North America
o US
o Canada
o Mexico
· South America
o Brazil
o Argentina
o Rest of South America
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Rest of Europe
· Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Malaysia
o Indonesia
o Thailand
o Philippines
o Rest of Asia-Pacific
· Middle East and Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East and Africa
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Key Developments in the Market:
· In June 2017, BASF increased the prices of its products such as 1,6 hexanediol in response to increase in demand which eliminated many small Chinese players from the market
· In April 2017, Lanxess plans to expand its production facility of 1,6 Hexanediol at Krefeld-Uerdingen site to meet global market demand
Competitive Analysis: Global 1,6 Hexanediol Market
Global 1,6 Hexanediol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of 1,6 Hexanediol market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global 1,6 Hexanediol Market
Few of the major competitors currently working in the 1,6 Hexanediol market are BASF SE, UBE Industries Ltd, Perstop, Fushun Tianfu Chemicals Co., Ltd., Laxness, Lishui Nanming Chemical Co., Ltd, Prasol Chemicals Pvt. Ltd, TCI Chemicals Pvt. Ltd, Shandong Yuanli Science And Technology Co., Ltd, Parchem Fine & Speciality Chemicals, Lok Chemicals Private Ltd, Leo Chemo Plast Pvt Ltd, Better international chemical Ltd, BSM Chemical Co., Ltd, Vapoor Chemicals, The Chemicals Company, Molychem, Atomaxchem, Leputech and others.
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Global 1,6 Hexanediol Market Size, Status and Forecast 2018 – 2025
· 1 Market Overview
· 2 Manufacturers Profiles
· 3 Global 1,6 Hexanediol Sales, Revenue, Market Share and Competition by Manufacturer
· 4 Global 1,6 Hexanediol Market Analysis by Regions
· 5 North America Global 1,6 Hexanediol by Countries
· 6 Europe Global 1,6 Hexanediol by Countries
· 7 Asia-Pacific Global 1,6 Hexanediol by Countries
· 8 South America Global 1,6 Hexanediol by Countries
· 9 Middle East and Africa Global 1,6 Hexanediol by Countries
· 10 Global 1,6 Hexanediol Market Segment by Type
· 11 Global 1,6 Hexanediol Market Segment by Application
· 12 Global 1,6 Hexanediol Market Forecast
· 13 Sales Channel, Distributors, Traders and Dealers
· 14 Research Findings and Conclusion
· 15 Appendixes
Research Methodology: Global 1,6 Hexanediol Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
· Complete and distinct analysis of the market drivers and restraints
· Key Market players involved in this industry
· Detailed analysis of the Market Segmentation
· Competitive analysis of the key players involved
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Sodium Format Market
Alum and Calcium Salts Market
Chlorides Market
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Dryer Vents Market to Make Great Impact in Near Future 2016-2025
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Dryer Vents Market ” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The research provides a complete understanding of the “Dryer Vents Market “ in terms of revenue.
The market research report demonstrates market dynamics which includes growth drivers, restraining factors and opportunities and trends spearheading current Product Type and future status of this market. Our general approach is to target several individuals with specific questions that we believed would satisfy our research objective. Further, to speed up the data collection process, we employed an online survey, delivered via email. The research team analyzed the results to identify potential opportunities and risks for the market.
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In addition, the report offers recent industry activities and value chain analysis for the Dryer Vents Market. Moreover, Porter’s Five Forces analysis demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in Dryer Vents Market. Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.
Global Dryer Vents Market Size & Forecast:
Global Dryer Vents market witnessed a market value of USD XX Million in 2018 and is estimated to reach USD XX million in 2025, registering a compound annual growth rate (CAGR) of XX% between 2018 and 2025. The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the geographies are fragmented into the country and regional groupings:
- North America (U.S. & Canada) - Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) - Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) - Latin America (Brazil, Mexico, Argentina and Rest of Latin America) - Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Global Dryer Vents Market Segmentation:
The research offers a comprehensive analysis of global Dryer Vents market with respect to following sub-markets:
Based on Component Type:- Caps, Hoods, Duct, Pipe & Elbows, Other Accessories
Based on Product Type:- Rigid, Semi Rigid, Flexible
Based on Material Type:- Plastic, Aluminum, Steel
Based on End-use:- Residential, Commercial, Laundromat, Hotel, Hospital, Dormitory, Others
Based on Sales Channel:- Direct Sales, Retail Sales
Global Dryer Vents Market: Competitive Landscape
The report also highlights the competitive landscape of the global Dryer Vents market, market share and positioning of all the major players in the industry. The competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as company overview, financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, Type development, research & development and other market activities).
The report includes profiles of leading companies in the global Dryer Vents market.
Some of the key players profiled include:
- Lambro Industries, Inc. - Dundas Jafine Inc. - Builder’s Best, Inc. - Imperial Manufacturing Group - M&M Manufacturing - Deflecto, LLC - Hy-C Company LLC - Whirlpool - Primex Manufacturing Ltd. - Other Major & Niche Key Players
Timeline Considered for Analysis:
- 2016 to 2017 – Historical Year - 2018 – Base Year - 2019 – Estimated Year - 2020 to 2025 – Forecasted Year
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Dryer Vents Industry Report:
- What is the overall market size in 2018? What will be the market growth during the forecast period i.e. 2019-2025? - Which region would have high demand for product in the upcoming years? - What are the factors driving the growth of the market? - Which sub-market will make the most significant contribution to the market? - What are the market opportunities for existing and entry-level players? - What are various long-term and short-term strategies adopted by the market players?
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Table of Content
Market Definition and List of Abbreviations 1. Executive Summary 2. Growth Drivers & Issues in Global Dryer Vents Market 3. Global Dryer Vents Market Trends 4. Opportunities in Global Dryer Vents Market 5. Recent Industry Activities, 2018 6. Porter's Five Forces Analysis 7. Market Value Chain and Supply Chain Analysis 8. Global Dryer Vents Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
9. Global Dryer Vents Market Segmentation Analysis, By Component Type
9.1. Introduction 9.2. Market Attractiveness, By Component Type 9.3. BPS Analysis, By Component Type 9.3.1. Caps 9.3.2. Hoods 9.3.3. Duct, Pipe & Elbows 9.3.4. Other Accessories
10. Global Dryer Vents Market Segmentation Analysis, By Product Type
10.1. Introduction 10.2. Market Attractiveness, By Product Type 10.3. BPS Analysis, By Product Type 10.3.1. Rigid 10.3.2. Semi Rigid 10.3.3. Flexible
11. Global Dryer Vents Market Segmentation Analysis, By Material Type
11.1. Introduction 11.2. Market Attractiveness, By Material Type 11.3. BPS Analysis, By Material Type 11.3.1. Plastic 11.3.2. Aluminum 11.3.3. Steel
12. Global Dryer Vents Market Segmentation Analysis, By End-use
12.1. Introduction 12.2. Market Attractiveness, By End-use 12.3. BPS Analysis, By End-use 12.3.1. Residential 12.3.2. Commercial 12.3.2.1. Laundromat 12.3.2.2. Hotel 12.3.2.3. Hospital 12.3.2.4. Dormitory 12.3.2.5. Others
13. Global Dryer Vents Market Segmentation Analysis, By Sales Channel
13.1. Introduction 13.2. Market Attractiveness, By Sales Channel 13.3. BPS Analysis, By Sales Channel 13.3.1. Direct Sales 13.3.2. Retail Sales
14. Geographical Analysis
14.1. Introduction 14.2. North America Dryer Vents Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.2.1. By Component Type 14.2.2. By Product Type 14.2.3. By Material Type 14.2.4. By End-use 14.2.5. By Sales Channel 14.2.6. By Country 14.2.6.1. Market Attractiveness, By Sales Channel 14.2.6.2. BPS Analysis, By Sales Channel 14.2.6.3. U.S. Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.2.6.4. Canada Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
14.3. Europe Dryer Vents Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.3.1. By Component Type 14.3.2. By Product Type 14.3.3. By Material Type 14.3.4. By End-use 14.3.5. By Sales Channel 14.3.6. By Country 14.3.6.1. Market Attractiveness, By Country 14.3.6.2. BPS Analysis, By Country 14.3.6.3. Germany Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.3.6.4. United Kingdom Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.3.6.5. France Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.3.6.6. Italy Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.3.6.7. Spain Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.3.6.8. Russia Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.3.6.9. Rest of Europe Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
14.4. Asia Pacific Dryer Vents Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.1. By Component Type 14.4.2. By Product Type 14.4.3. By Material Type 14.4.4. By End-use 14.4.5. By Sales Channel 14.4.6. By Country 14.4.6.1. Market Attractiveness, By Country 14.4.6.2. BPS Analysis, By Country 14.4.6.3. China Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.4. India Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.5. Japan Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.6. South Korea Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.7. Indonesia Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.8. Taiwan Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.9. Australia Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.10. New Zealand Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 14.4.6.11. Rest of Asia Pacific Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
More….
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#Dryer Vents Market size#Dryer Vents Market trends#Dryer Vents Market news#Dryer Vents Market share#Dryer Vents Market Analysis#Dryer Vents Market Forecast
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HDPE Pipes Market is anticipated to flourish at notable CAGR of 5.7 % By 2024
As per the research conducted by Fast. MR, the report titled “ HDPE Pipes Market - By Product Type (PE 80, PE 100, PE 100RC and Others), Application (Oil & Gas Pipe, Agricultural Irrigation Pipe, Water Supply Pipe, Sewage System Pipe, and Others) & Regional Analysis - Market Size, Trends, Opportunity, Forecast 2018-2024” provides current as well as future analysis of the market by evaluating the major applications, advantages, trends, and challenges. The report dives deeper to produce useful insights into HDPE Pipes Market such as major global regions and key competitors and strategies that can be used for the entry-level player too.
Global HDPE pipe market is anticipated to reach USD 22,976.8 Million by the end of 2024 from USD 15,975.2 Million in 2018. The global HDPE pipe market is expected to flourish at a CAGR of 5.7% in the terms of value during the time period i.e. 2019-2024. In the terms of volume, HDPE pipe consumption was totaled 9,282.6 thousand ton in 2018. The rise in agricultural and industrial activities and demand for pipeline infrastructure is increasing in oil & gas exploration and production activities are anticipated to drive the growth of the global HDPE pipes market over the upcoming years.
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Market Dynamics
Growth Drivers – HDPE pipe Market
Aging Water Infrastructure
The HDPE (High-Density Polyethylene) pipes are used as a medium for supplying drinking water. Various countries in America are facing the problem with the water which is affecting the individual household and communities. In the past few months, the United States Environmental Protection Agency (EPA) also announced the availability of more than USD 95 Million in new funds to help the State of Michigan, such government initiatives to improve the drinking water and wastewater infrastructure is expected to drive the growth of HDPE pipes market in the North America region. The United States totally depends upon the underground pipes for their water supply, but the network of these underground pipes has reached the end of their useful life, which is resulting in various health problems. Further, increasing spending on the water infrastructure and wastewater treatment is believed to impetus the growth of the HDPE pipes market over the upcoming years
Sewage Disposal Infrastructure
Due to the continuous infrastructure development of sewage systems in the developing countries, the demand for plastic pipes has increased exponentially, on the back of which the demand for high-density polyethylene (HDPE) pipes is also increasing. The HDPE pipes offer various functional advantages such as sustainability, durability, and flexibility along with superior resistance to corrosion and abrasion which are needed in the sewage water treatment. Apart from this, the HDPE piping systems also provide long service life, excellent joint performance, and offer leak-free protection. Further, the growth of the sewage disposal infrastructure is anticipated to positively impact the growth of HDPE pipes market.
HDPE Pipes in Oil & Gas Industry
In the oil & gas industry, the companies are trying to adopt high-density polyethylene (HDPE) pipes as an alternative of steel pipes due to the cost-effectiveness of the HDPE pipes. Also, the HDPE pipes offer advantages such as chemical and corrosion resistance, lightweight and these pipes also can be used in moderate temperatures. Apart from this, in the oil & gas industry, the high-density polyethylene (HDPE) pipes are also used in the fracking (a process of injecting liquid at high pressure) for the collection and transportation of hydrocarbons, as well as the transportation and collection of water which is used in this process. The major reason behind using the HDPE pipes in this process is its excellent impact resistance, high tensile strength, low moisture absorption, and ease-of-handling. Further, these advantages are increasing the use of HDPE pipes in the oil & gas industry which is expected to drive the growth of the HDPE pipes market over the forecast period.
Segmentation
By Product Type
- PE80
- PE100
- PE100RC
- Others
By Application
- Oil & Gas Pipe
- Agricultural Irrigation Pipe
- Water Supply Pipe
- Sewage System Pipe
- Others
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
- JM Eagle Inc.
- WL Plastics
- POLYPLASTIC Group
- Lane Enterprises, Inc.
- Prinsco, Inc.
- Uponor Oyj
- Mexichem
- United Poly Systems
- Blue Diamond Industries, LLC
- Radius Systems Ltd.
- Other Major & Niche Players
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Our report covers current market status, opportunities available in the market, growth plans, and emerging trends in order to cater to the evolving needs of the customers. We help businesses around the globe with operational improvements, technologies, emerging market trends which in-depth boost the company’s growth in the future. The reports prepared by us are customized according to the client’s needs. We inculcate high morale and ethics while preparing our report which helps in building long term relationships with our clients.
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#HDPE Pipes Market#HDPE Pipes Market size#HDPE Pipes Market share#HDPE Pipes Market News#HDPE Pipes Market forecast#HDPE Pipes Market future#HDPE Pipes Market Growth
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Asia Pacific Automotive Plastics Market growing significantly during the Forecast timeframe 2018-2024
Graphical Research: Asia Pacific Automotive Plastics Market analysis based on Application, Product, Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024, Estimated to reach USD 2.5 billion by 2024.
Shifting trends towards more fuel-efficient vehicles and increase in usage of plastic & polymer composites in lightweight vehicles may boost automotive plastics market demand in the region. Growing environmental concerns due to GHG emission has stimulated automotive manufacturers to focus on fuel efficient and lightweight vehicles manufacturing. Lightweight vehicles may control emission systems, integrate electronic systems without increasing the overall weight of the vehicle which indicates tremendous growth potential for regional market growth.
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India polycarbonates based automotive plastics market was valued at over USD 20 million in 2017. These products are commonly used in security screens, aircraft panels, bumpers, spectacle lens and headlamp lenses on account of their excellent weather and UV resistance which may stimulate market growth.
Japan PVC based automotive plastics market demand may witness gains at over 9.5% in the predicted timeframe. These products find usage in various applications such as door panels seating, dashboard, arm rest and exterior parts. Moreover, these products act as sealant and protect underbody parts from humidity which is likely to boost industry growth.
Indonesia automotive plastics market size from power train applications may show significant gains exceeding 12% in the forecast period. These products help to reduce the number of parts needed to assemble complex components and are increasingly used to manufacture seal rings, transmission oil pans, air intake manifolds, air ducts, & suction pipes.
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https://www.graphicalresearch.com/industry-insights/1043/asia-pacific-automotive-plastics-market
The requirement of non-renewable raw materials such as natural gas and petroleum along with energy-intensive production techniques & the lack of product standardization may hamper Asia Pacific automotive plastics market growth.
Adient, BASF, Bayer, Borealis and Celanese are some prominent manufacturers in the competitive market of Asia Pacific automotive plastics. Companies are focusing on acquisitions to expand their product portfolio & market share market share along with indulging in production capacity expansions in order to meet rising product demand.
Segments We Cover:
APAC Automotive Plastics Market Forecast, By Product
ABS PP PU PVC PE PC PMMA PA Others
Asia Pacific Automotive Plastics Market Demand, By Application
Power Train Electrical Components Interior and Exterior Furnishings Under the hood Chassis Others
The above information is provided for the following country’s:
China India Japan South Korea Indonesia Thailand
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Related Reports:
1. Automotive Plastics Market Size By Application (Electrical Components, Power Train, Under the Hood, Chassis, Interior & Exterior Furnishings), By Product (Polyurethane, PVC, Polyethylene, Polypropylene, ABS, Polycarbonate, Polyamide, PMMA), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024
https://www.graphicalresearch.com/industry-insights/1081/automotive-plastics-market
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Polymer Foam Market Quantitative Analysis by Market size, Estimates, and Forecast from 2013 to 2024
The Global Polymer Foam Market is expected to reach USD 207.9 Billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for polymer foam from two core industries which include automotive and building & construction is expected to be a principal factor in stimulating growth over the forecast period.
Increasing penetration of the product in the automotive industry in various automotive components such as interior panels, upholstery and seating arrangements in the car is expected to be a crucial factor in promoting an expansion of the product. The automotive sector accounted for 14.6% of the global volume share in 2015. Growing demand from automotive industries from emerging economies such as India, Japan, and China will result in improving demand for the product over the forecast period.
Building & construction and packaging are some of the essential applications for polymer foams. They are increasingly being used in the building & construction industry in various areas including insulation, flooring, pipes and windows. This will help in contributing towards the growth of the overall polymer foam industry.
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Further key findings from the report suggest:
North American polymer foam market is expected to grow at a CAGR of 5.1% from 2016 to 2024 in terms of volume on account of rising construction sector in countries which such as Mexico and Canada. Construction and packaging sectors have witnessed a significant rise in the penetration of polymer foam in the region on account of their superior material characteristics which has resulted in improving market dynamics of the product in the region.
Asia Pacific is expected to witness the fastest growth over the projected period. Rising automotive sector and industrial sector in emerging economies such as India and China are likely to propel expansion of the product over the next eight years. The market is predicted to reach a value of USD 93.9 billion by 2024. Adoption of cost-effective methods for manufacturing will play an important role in improving the market conditions of polymer foams. This will result in a positive impact on overall demand for polymer foam.
The demand for polymer foam in the packaging sector was 4,417.37 kilo tons in 2015. Various government policies including FDI and “Make in India’’ is expected to drive the industrial sector in India. Rising industrial and automotive sectors in different countries including India, China, and the U.S. will play a significant role in influencing growth over the forecast period.
Key industry players include BASF SE, Recticel S.A., Woodbridge Foam Partner, INEOS Styrenics, British Vita Foams Plc, Carpenter Company, Rogers Corp, Adeplast S.A, Armacell LLC and JSP Corp. Companies in this sector are increasing their production volumes to expand their business presence and gain market share.
View all Related Reports from same Category: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins Grand View Research has segmented the global polymer foam market on the basis of type, application, and region:
Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
Polyurethane Foam
Polystyrene Foam
PVC Foam
Phenolic Foam
Polyolefin Foam
Melamine Foam
Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
Packaging
Building & Construction
Furniture & Bedding
Automotive
Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
North America
U.S.
Canada
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