Elastomeric Foam Market, By Type (Natural Rubber/Latex and Synthetic Rubber), By End User (HVAC, Aut

Published Date: | Report Code : MT1951993

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The Elastomeric Foam Market growth is expected to gain high momentum during the forecast period due to growth opportunities for the market in the healthcare sector and its superior properties.

Elastomeric foam is a rubber-based insulating material with closed pores and uniform cell structures and possesses high vapor diffusion values. It is the largest type of insulating foam used in the market. The elastomeric foam contains a very low amount of volatile organic compounds. Hence, it is environment-friendly. Advancements in the manufacturing process have resulted in the production of elastomeric foams that are suitable for applications that require superior properties. moreover, elastomeric foams are used in heating, ventilation and air conditioning, plumbing, chilled water pipelines, and refrigeration systems as a barrier to the entry of moisture and vapor into the systems. The elastomeric foam is used as a replacement for natural insulating materials.

The elastomeric foam market is growing with the rising installation of HVAC systems in residential and commercial buildings, such as healthcare facilities, shopping complexes, warehouses, and supermarkets. Furthermore, the increasing use of elastomeric foam in chillers, refrigerators, duct systems, and plastic pipes is fueling the elastomeric foam market. Also, raising awareness about indoor air quality is driving the demand for elastomeric foams with antimicrobial additives in air conditioners and HVAC systems.

Key Factors Impacting Market Growth:

  • Superior properties of elastomeric foams
  • The rise in the number of end-users of elastomeric foams
  • Growth opportunities for the market in the healthcare sector
  • Strict government regulations supporting energy efficiency
  • Lack of awareness about the benefits of insulation
  • Complications in the disposal of elastomeric foams

Regional Analysis: 

The Elastomeric Foam Market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for the elastomeric foam market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include HVAC and healthcare. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for the elastomeric foam market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions. Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Electrical & electronics, automotive, healthcare are some of the major industries in the region with strong potential for the elastomeric foam market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from HVAC, automotive, electrical & electronics, healthcare, others.

Companies Covered: 

Armacell, Hira Industries, Zotefoams, L’ISOLANTE K-FLEX, Kaimann, Jinan Retek Industrie, Aeroflex USA, NMC SA, Huamei Energy-Saving Technology, Durkee, and Anavid

Market Segmentation:

By Type:

  • Natural Rubber/Latex
  • Synthetic Rubber
    • Nitrile Butadiene Rubber
    • Ethylene Propylene Diamine Monomer
    • Chloroprene
    • Others

By End User:

  • HVAC
  • Automotive
  • Electrical & Electronics
  • Healthcare
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By End-User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By End-User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By End-User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By End-User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By End-User
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By End-User

Reasons to Buy This Report:

  • Market size estimation of the global elastomeric foam market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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