+1-888-308-5802     
News Contact Us

Structural Foam Market 2019 Outlook | Recent Market Developments to 2025

Author : Rahul Varpe | Published Date : 2019-07-02 

Construction, automotive, packaging, and electronics are some of the end-users of this product. Automotive sector is a significant end-user in the structural foam market as it uses the product for various applications including acoustic insulation, vehicle interiors, etc. Increasing demand for light weight vehicles to improve fuel efficiency would also augment the demand for structural foams in the coming years. The electronics segment is expected to increase at a significant rate due to its usage as substrates in various end-products.

The structural foam market has been segregated based on material, application, and region. Various materials used for manufacturing structural foams are polypropylene (PP), polyurethane (PU), polystyrene (PS), polyethylene (PE), and others which include polyvinyl chloride (PVC), acrylonitrile-butadiene-styrene (ABS), etc. PE occupies a significant share in the structural foam market due to its unique thermal and mechanical properties. PP foams are increasingly used in various applications due to its light weight and versatility.

Request for table of contents of this report @ https://www.gminsights.com/request-toc/upcoming/3565

The Structural Foam Market portrays an upward trend in its growth trajectory owing to its rising demand from various industries. Structural foam is a thermoplastic constituent which is manufactured by injection molding process. Asia Pacific is expected to account for about 60% of the total global construction spending by 2025. Increasing growth in this regional construction market would augment the demand for structural foam.

The product finds extensive usage in building and construction as it is capable to reinforce structural load and provides insulation. It is used for thermal floor reinforcement, tank vessel isolation protection, canopy support, perimeter fall protection, etc. Also, the product is increasingly used as a substitute for wood, owing to its robust strength and thermal resistant features. Increasing construction projects, especially in the emerging markets, would augment the market growth in the coming years.

Get More Details @ https://www.gminsights.com/industry-analysis/structural-foam-market

Structural forms are significantly used in the automotive industry as well. It enhances the vehicle design, improves its safety, provides structural strength and comfort. It is majorly used in applications where cavity sealing is required. Structural foams are used in various parts of the vehicle such as body side joints, lateral rails, door panels, longitudinal structures, engine cradle, pillars, sills, underbody car structure, frame rails, etc.

It offers increased complexity of part design due to its features such as exceptional flowability and improved compression-set properties. The global production of vehicles has increase from 84.2 million units in 2012 to 95.6 million units in 2018. Such rising trend in the automotive production would propel the product demand for in the coming years.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3565

Asia Pacific market is estimated to grow at a significant rate in the coming years. This progress is attributed towards the rising developments in the regional construction industry. Rising urbanization, growing population and government regulations promoting smart city development are certain factors which would drive the construction industry. 

Some of the key market participants of structural foam market, which include SABIC, Armacell International S.A., The Dow Chemical Company, Evonik Industries, One Plastic Group, PSI Molded Plastics, Diab International AB and Polycel Structural Foam, Inc.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]    
Web: https://www.gminsights.com

 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Performance Elastomers Market to depict an upward growth trend over 2019 - 2024

Published Date: 2019-08-22         Author: Rahul Varpe

The growth of the performance elastomers market in Europe and North America has been forecast to be slightly moderate as compared to its growth in Asia and Latin America, not only due to the shifting base of manufacturing units, but also due to cheaper labor and relaxed governmental restrictions on ... Read More

Lubricant Packaging Market to register extensive growth from automobile applications by 2024

Published Date: 2019-08-22         Author: Rahul Varpe

Exponentially growing automotive domain is one of principal end-use sectors that would considerably influence the revenue graph of lubricant packaging market, subject to the increasing deployment of lubricants for enhancing engine performance. According to CalRecycle, in 2010, the consumption of lub... Read More

2019 – 2025 | Industrial Cooling System Market to procure substantial revenue from food and beverages sector

Published Date: 2019-08-22         Author: Rahul Varpe

With the establishment of many foreign manufacturing and production units in the developing nations, the demand for industrial cooling systems is rising steadily. Moreover, favorable government regulations coupled with ever-expanding application domain would increase the product demand. Many compani... Read More

© 2019 Fractovia. All Rights Reserved