High Performance Foam Market 2021 Analysis by Type, End Use Industry (Construction, Transportation, Electronics), Top Companies, Trends & Covid-19 Impact, Forecasts 2025
Global high performance foam market is anticipated to value at USD 3.26 billion by 2025, growing at a significant CAGR over the forecast period of 2019 to 2025.
Dallas, United States – May 18, 2021 /MarketersMedia/ —
High-performance foams have the excellent fire-resistant capability, emit low smoke, and are less toxic to the environment as well as the users. Besides, the high-performance foam has a consistent cell size and structure with thermal and chemical resistant abilities, has high strength & durability, and most importantly is temperature resistant and it suits the most challenging environments. High-performance foam is manufactured from materials like fluoropolymers and elastomers. High-performance foams are extensively used in the packaging and building segment. These segments use foams because they are light in weight, can absorb energy easily, and have excellent insulation properties. Owing to the aforementioned factors the High Performance Foams Market is likely to witness a positive growth.
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They are also greatly used in industrial sectors and automotive sectors.
Temperature resistance and other mechanical attributions continue to encourage adoption of high-performance foams in diverse industrial applications. Their usage is also in the areas like lightweight construction, air conditioning, aviation, and manufacturing protective equipment. The wide number of benefits offered by the foams in multiple industries has increased the demand for high-performance foams thereby propelling the High-Performance Foams Market.
The need for manufacturing reduced weight materials in the transport, aeronautics, and automotive industries is leading to wider use of high-performance foams thereby stirring the high-performance foams market growth. The challenging functional properties provided by the foams such as resistance to solvents and flame resistant have driven the high performance foams market.
The top vendors leading the high performance foams market and that are expected to sustain considerable growth in the future are Saint-Gobain, SABIC, DuPont, BASF SE, and Evonik Industries AG among others. Among all the leading manufacturers of automobiles in the market, China-based companies are the largest manufacturers. Thus, China is the strongest destination for high-performance foams. Moreover, the APAC-based countries are also anticipated to dominate the market.
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Some Major Points from TOC:
Chapter 1Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 High Performance Foam Market by Type
Chapter 6 High Performance Foam Market by Application
Chapter 7 High Performance Foam Market by Region
Chapter 8 Company Profiles
8.1 Rogers Corporation
8.2 JSP Corportion
8.3 Evonik Corportion
8.4 BASF S.E.
8.5 The Dow Chemical Company
8.6 Armacell
8.7 Zotefoams PLC
8.8 Trocellan
8.9 Sekisui Alveo
8.10 Saint Gobain
Chapter 9 Competitive Landscape
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