Foamed Plastics Market, By Type (Open Cell Foamed Plastics and Closed Cell Foam Plastics), By Produc

Published Date: | Report Code : MT1951337

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The foamed plastics market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as infrastructure, automotive, packaging, furniture & bedding, footwear, sports & recreational and others during the forecast period. 

Foamed plastics are synthetic resins that are changed into a sponge-like mass with an open-cell or closed-cell structure. Any structure may be rigid or flexible. Foamed plastics are lightweight and possess properties such as heat preservation, sound absorption, and quakeproof.

Segment Analysis:

Foams with open cell structures are produced by including inert gas into the resin under pressure and then releasing the mixture into the atmosphere and curing the resulting foam. Foams with closed-cell structures are produced by including a blowing agent that decomposes at the fusion point of the plastic and releasing gas bubbles that are trapped during the gelling.

Foamed plastics are used for different products such as sponges, cushioning materials, panels for buildings, furniture, air filters, toys, lightweight beams, and plastic boats. Foam plastics can also be used in walls and cold storage insulation and to make a sandwich board.

Foamed plastics are witnessing high demand from the automotive, furniture, bedding, and packaging industries. Factors such as high stiffness and strength, thermal insulating properties, low maintenance cost, and lightweight are driving the foamed plastics market.

Key Factors Impacting Market Growth:

  • Lightweight, versatile, and highly durable
  • Mildew resistant and derma-friendly
  • Demand for polyurethane foams in building & construction, automotive, and marine industries
  • Highly flammable and releases toxic gases after combustion
  • High manufacturing cost
  • Lengthy production time 

Regional Analysis:

The foamed plastics market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. North America and Western Europe are major regions for the foamed plastics market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include infrastructure, automotive, packaging, furniture & bedding, footwear, sports & recreational and others. 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 foamed plastic 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. Automotive, furniture, bedding, and packaging are some of the major industries in the region with strong potential for the foamed plastics 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 automotive, furniture, bedding, and packaging.

Companies Covered: Asahi Kasei, General Plastics, Houston Foam Plastics, INOAC, ACH Foam Technologies, American Excelsior, DAFA, UFP Technologies, Wisconsin, Free-Flow Packaging, INOAC Corporation, Pregis, Nomaco, Armacell, BASF, Bayer, Carpenter, and Chemtura Corporation

Market Segmentation:

By Type:

  • Open Cell Foamed Plastics
  • Closed Cell Foam Plastics 

By Product Type:

  • Polystyrene Foam
  • PVC Foam
  • Polyolefin Foam
  • Melamine Foam
  • Polyurethane Foam
  • Phenolic Foam
  • Others

By End-use Industry:

  • Infrastructure
  • Automotive
  • Packaging
  • Furniture & Bedding
  • Footwear
  • Sports & Recreational
  • Others

By Region:

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

 Reasons to Buy This Report:

  • Market size estimation of the global foamed plastics market on a regional and global basis
  • 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:

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