Foam Plastics Market industry analysis, growth, recent trends, outlook, outlook, share and forecast 2028

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Emerging research

Plastic Foam Market Size – USD 51.76 Billion in 2020, Market Growth – at a CAGR of 4.5%, Market Trends – Building and Construction Industry Growth

VANCOUVER, BC, CANADA, Dec 30, 2021 /EINPresswire.com/ – The global Plastic Foam Market research report published by Emergen Research has been formulated by analyzing key business details and the vast geographic scope of the industry of the plastic foam market. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Plastic Foam market along with crucial statistical data about the Plastic Foam market. The research study provides historical data from 2017 to 2018 and offers an accurate estimate of the forecast to 2028. The report also profiles the established and emerging market players, covering the overview of the company, the product portfolio, strategic alliances and business expansion strategies.

According to the latest analysis from Emergen Research, the global plastic foams market size is expected to reach USD 73.88 billion at a CAGR of 4.5% in 2028. The steady growth in market revenue can be attributed to strong demand in packaging applications because the material allows a high level of safety and damage avoidance during transport along supply chains. Other major advantages of foam plastic applications in packaging are cost effectiveness and easy availability. Additionally, foam plastics can be molded into a wide variety of shapes and therefore are used in specific applications requiring custom packaging. In addition, the use of polyethylene foam in the packaging of electronic products guarantees superior padding, as well as good insulation during transport.

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Competitive landscape
SABIC,
Alchimie Ltée,
BASF SE,
Hexion inc.,
Lanxess AG,
Covestro AG,
LyondellBasell Industries Holdings BV,
Huntsman International LLC,
LG Chem Ltd., and
Tosoh Corporation.

Regional landscape
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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Segments Covered in This Report
• Product Type Outlook (Revenue, USD Billion; 2018-2028)
o Polystyrene
o Polyethylene
o Polyurethane
o Phenolic
o Polyolefin
o Silicone
o Polyvinyl chloride
o Others
• Distribution channel outlook (revenue, billion USD; 2018-2028)
o Direct
o Indirect
• Application Outlook (Revenue, USD Billion; 2018-2028)
Packaging
o Building and construction
o Automotive
o Sport
shoes
o Aeronautics
o Others

Regional Outlook (Revenue, USD Million; 2017-2028)
North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Some highlights of the report
• In July 2019, Huntington Solution announced the acquisition of Texas Foam to increase its production of heat sensitive packaging materials for products sold through e-commerce channels.
• By product type, the polystyrene segment accounted for a significantly significant share of revenue in 2020. Polystyrene based plastic foam is widely used in packaging and insulation. The material can be used according to the requirements of specific applications, due to its versatile strength. It also has high compressive strength and therefore is widely used in heavy load bearing applications. In addition, materials with lower compressive strength are widely used in void forming applications.
• By application, the building and construction segment accounted for a significantly larger revenue share than other application segments in 2020. Plastic foams are widely used in the building and construction industry for soundproofing and thermal insulation, among others. In addition, these materials are used as expansion strips and placed at vertical obstacles such as walls to provide complete insulation from the floor. Foam plastics are suitable for filling gaps, providing roof flashings, sealing eaves and acting as a barrier against water and oil. Additionally, these materials are used in expansion joints and provide noise control solutions for floor joists.
• The Asia-Pacific plastic foams market accounted for the largest revenue share in 2020 and is expected to register the fastest revenue CAGR during the forecast period. This can be attributed to the presence of companies such as SABIC and others, the constant growth of the e-commerce sector, the increase in activities in the construction industry, and industrialization and urbanization. fast.

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Contents
Chapter 1. Methodology and sources
1.1. Definition of the plastic foams market
1.2. Scope of research
1.3. Methodology
1.4. Research sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid sources
1.5. Estimation technique of the plastic foams market
Chapter 2. Executive summary
2.1. Summary overview, 2021-2028
Chapter 3. Key information
Chapter 4. Plastic Foams Market Segmentation and Impact Analysis
4.1. Foam Plastics Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of plastic foams market indicators
4.2.2. Analysis of Foam Plastics Market Drivers
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Strict government regulations on carbon emissions
4.2.2.3. Increased prevalence of respiratory diseases
4.2.2.4. Growing need to improve indoor air quality
4.2.3. Analysis of the constraints of the plastic foams market
4.2.3.1. High cost associated with the maintenance of plastic foam market products
4.2.3.2. Availability of renewable energy sources
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
Chapter 10. Competitive landscape
10.1. Foam Plastics Market Revenue Share by Manufacturers
10.2. Mergers and Acquisitions
10.3. Competitor positioning
10.4. Comparative analysis of the strategy
10.5. Supplier landscape
10.5.1. Raw material suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East and Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East and Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….

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