Structural Foam Market Share, Trends, Revenue and Key Consumer by End User to 2025
The Global Structural Foam Market is expected to reach USD 42.2 billion by 2025, according to a new report by Hexa Reports. The market is expected to witness growth at 5.8
The Global Structural Foam Market is expected to reach USD 42.2 billion by 2025, according to a new report by Hexa Reports. The market is expected to witness growth at 5.8
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<strong>Structural</strong> <strong>Foam</strong> <strong>Market</strong> <strong>Share</strong>, <strong>Trends</strong>, <strong>Revenue</strong> <strong>and</strong> <strong>Key</strong><br />
<strong>Consumer</strong> <strong>by</strong> <strong>End</strong> <strong>User</strong> <strong>to</strong> <strong>2025</strong><br />
“The Global <strong>Structural</strong> <strong>Foam</strong> <strong>Market</strong> is expected <strong>to</strong> reach USD 42.2 billion <strong>by</strong><br />
<strong>2025</strong>, according <strong>to</strong> a new report <strong>by</strong> Hexa Reports. The market is expected <strong>to</strong><br />
witness growth at 5.8%CAGR owing <strong>to</strong> Increasing infrastructure spending,<br />
residential & commercial buildings, has driving the market growth.”<br />
The Global <strong>Structural</strong> <strong>Foam</strong> <strong>Market</strong> is expected <strong>to</strong> reach USD 42.2 billion <strong>by</strong> <strong>2025</strong>, according <strong>to</strong> a new report<br />
<strong>by</strong> Hexa Reports. The market is expected <strong>to</strong> witness growth at 5.8%CAGR owing <strong>to</strong> Increasing infrastructure<br />
spending, particularly on residential & commercial buildings, has been a key fac<strong>to</strong>r driving the market growth.<br />
Moreover, the rising dem<strong>and</strong> from material h<strong>and</strong>ling, au<strong>to</strong>mobile, <strong>and</strong> electrical & electronics, is also likely <strong>to</strong><br />
contribute <strong>to</strong> the product dem<strong>and</strong> over the forecast period.<br />
Increasing construction spending, particularly in emerging markets of Brazil, China, India, Mexico, Russia, <strong>and</strong><br />
South Africa is expected <strong>to</strong> drive injection molded structural foam dem<strong>and</strong> in these regions. Besides, positive<br />
outlook of the global au<strong>to</strong>motive <strong>and</strong> packaging industries coupled with versatile properties of structural<br />
foams including better heat <strong>and</strong> pressure resistance increases their application scope in various industries.<br />
However, volatility in prices of essential raw materials along with the growing environmental issues<br />
concerning their disposal is anticipated <strong>to</strong> hamper the market growth during the forecast period. On account<br />
of these concerns, many of the industry participants are aiming <strong>to</strong> develop bio-based foams using the injection<br />
molding technique.<br />
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<strong>Key</strong> market players such as SABIC, One Plastic Group, <strong>and</strong> Covestro AG are among the companies involved in<br />
the production <strong>and</strong> distribution of the products <strong>and</strong> have established themselves as key market participants<br />
<strong>and</strong> have high integration throughout the value chain.<br />
Further key findings from the report suggest :<br />
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The global structural foam dem<strong>and</strong> was 4,059.0 kilo <strong>to</strong>ns in 2016 <strong>and</strong> is projected <strong>to</strong> grow at a CAGR of<br />
5.3% from 2017 <strong>to</strong> <strong>2025</strong><br />
Polyethylene foam segment was the largest product segment in 2016 <strong>and</strong> is expected <strong>to</strong> generate<br />
revenue over USD 15.62 billion <strong>by</strong> <strong>2025</strong><br />
Global structural foam in au<strong>to</strong>motive segment was valued at USD 6.81 billion in 2016 <strong>and</strong> is projected<br />
<strong>to</strong> witness a growth at a CAGR of 6.2% over the forecast period<br />
The U.S. structural foam market in building & construction was 518.8 kilo <strong>to</strong>ns in 2016 <strong>and</strong> is likely <strong>to</strong><br />
reach an overall volume of 851.6 <strong>to</strong>ns <strong>by</strong> <strong>2025</strong><br />
The market in Asia Pacific is anticipated <strong>to</strong> witness considerable growth over the next few years owing<br />
<strong>to</strong> various advances across key regions, especially in the India <strong>and</strong> China. In terms of revenue, the<br />
regional market is likely <strong>to</strong> grow at a CAGR of 6.4% from 2017 <strong>to</strong> <strong>2025</strong><br />
<strong>Key</strong> market participants include Armacell International S.A., BASF, Diab International AB, The Dow<br />
Chemical Company, SABIC, One Plastic Group, Covestro AG, Evonik Industries <strong>and</strong> others.<br />
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http://www.hexareports.com/report/structural-foam-market/request-sample<br />
Table Of Content<br />
Chapter 1 Methodology <strong>and</strong> Scope<br />
Chapter 2 Executive Summary<br />
Chapter 3 <strong>Structural</strong> foam <strong>Market</strong> Industry Outlook<br />
Chapter 4 <strong>Structural</strong> <strong>Foam</strong> <strong>Market</strong>: Product Estimates & Trend Analysis<br />
Chapter 5 <strong>Structural</strong> <strong>Foam</strong> <strong>Market</strong>: Application Estimates & Trend Analysis<br />
Chapter 6 <strong>Structural</strong> <strong>Foam</strong> Regional Estimates & Trend Analysis<br />
Chapter 7 Competitive L<strong>and</strong>scape<br />
Chapter 8 Company Profiles<br />
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