Polyethylene (PE) Foams Market Worth 6.85 Billion USD by 2021
PUNE, India, January 12, 2017 /PRNewswire/ --
The report "Polyethylene (PE) Foams Market by Type (Non-XLPE and XLPE), End-Use Application (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, And Medical), and Region - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to grow from USD 5.14 Billion in 2016 to USD 6.85 Billion by 2021, at a CAGR of 5.9% from 2016 to 2021.
Browse 120 market data Tables and 10 Figures spread through 165 Pages and in-depth TOC on "Polyethylene (PE) Foams Market"
Early buyers will receive 10% customization on this report.
Growth in this market is mainly driven by the rising demand for PE foams in the building & construction, automotive, and protective packaging end-use applications, especially from the Asia-Pacific region.
Demand for PE foams in growing in the building & construction and automotive end-use applications
Protective packaging is one of the most significant end-use applications of PE foams. This segment accounted for the largest share of the polyethylene foams market in 2015. However, increasing demand for PE foams from the building & construction and automotive end-use applications is anticipated to surpass the protective packaging end-use application during the forecast period. In addition, rise in the number of residential and commercial buildings, and growing population in various countries such as China and India are factors driving the growth of the polyethylene foams market in the building & construction end-use application segment. PE foams are widely utilized in the manufacture of automobiles owing to their superior properties, such as lightweight and durability. The use of PE foams has resulted in significant improvement in the weight, safety, durability, and comfort of automobiles. This, in turn, has contributed to the growth of the polyethylene foams market in the automotive end-use application segment.
Ask for PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=129894004
Non-XLPE foam is the fastest-growing type segment of the polyethylene foams market
Non-XLPE foam is slightly abrasive, relatively expensive, requires more fabrication, and is resistant to tearing, cracking, and crumbling. It is moisture resistant, and is virtually unaffected by most industrial chemicals. Non-XLPE foam is widely used in packaging and building & construction end-use applications, which, in turn, has contributed to the growth of the non-XLPE segment in the polyethylene foams market.
The polyethylene foams market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period
The Asia-Pacific region accounted for the largest share of the Polyethylene Foams Market, in terms of volume and value, in 2015. The market in this region is projected to grow at the highest CAGR during the forecast period. This growth is mainly attributed to the easy availability of raw materials and increasing foreign investments. In addition, countries such as China, India, Indonesia, and Thailand have witnessed increased demand for polyethylene foams from protective packaging, building & construction, and automotive end-use applications.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=129894004
Key players profiled in the polyethylene foams market report include Armacell (Germany), JSP (Japan), Zotefoams Plc. (U.K.), The Dow Chemical Company (U.S.), Sealed Air Corporation (U.S.), INOAC Corporation (Japan), Thermotec (Australia), Wisconsin Foam Products (U.S.), Trecolan GmbH (Germany), and PAR Group (U.K.).
Browse Related Reports:
Polymer Foam Market by Type (PU, PS, PVC, Phenolic, Polyolefin, Melamine, and Other), by Application (Packaging, Building & Construction, Furniture & Bedding, Automotive, and Others), by Region (North America, Europe, Asia-Pacific, and Row) - Global Forecasts to 2021
Expanded Polypropylene (EPP) Foam Market by Type (Low Density, High Density & Porous PP), Application (Automotive, Packaging, Consumer Products), and Region (North America, Europe, Asia-Pacific) - Global Forecast to 2021
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Lisää tältä Source
Toimittajat ja Bloggaajat
Käytä PR Newswire for Journalist -palvelua, joka on luotu alan asiantuntijoille, toimittajille ja bloggareille. Voit määrittää itse minkä toimialan tiedotteita tai kuvia saat nähdä.
Hanki sisältöä sivustollesi
Paranna sivustosi tai blogisi sisältöä PR Newswire on räätälöity reaaliaikainen uutispalvelut.
Yhteystiedot PR Newswire
Lähetä meille sähköpostia email@example.com or soita +358 46 8 126 226
Ryhdy PR Newswire asiakas
Pyydä lisätietoja noin PR Newswire tuotteista ja palveluista tai soita +358 46 8 126 226