Automotive foams are usually polymer foams which consist of gas and solid phase blended together to create a foam that is produced by mixing the two phases too stiffly to respond smoothly to the process. The foam which is combined with the air bubbles is also known as closed or open cell culture. The closed cell culture is usually rigid while open cell culture is flexible in nature. They are usually made of different raw materials such as polystyrene, polyurethane, olefins and other. These automotive foam provides optimal insulator characteristics and low heat transfer. They also have the ability to provide softness, comfortability and softness to passenger. Automotive foams are widely used in application such as seating, bumper system, panels and others.
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Some factors responsible for the growth of this market are:
The global automotive foam market is segmented into type as polyurethane, polyolefin, styrenic, polyvinyl chloride, phenolic, melamine, & others; application is classified as heavy commercial vehicles, light commercial vehicles, and passenger cars and other automotive foam; end user application as passenger cars, light commercial vehicles, heavy commercial vehicles.
Some of the launches and acquisition in the market are:
“According to Data Bridge Market Research, global automotive foam market is set to witness a healthy CAGR of 13.5% in the forecast period of 2019-2026”
Some of the major players operating in market are Johnson Controls, Woodbridge Foam Corporation, Lear Corporation, Bridgestone Corporation, BASF, Recticel, Vitafoams, Armacell, The Dow Chemical Company, Rogers, and Saint-Gobain among others.
Increasing awareness about the properties of the automotive foam such as weight reduction, low density and others are the factors driving the market growth. They are also optimal insulators with less heat transferring characteristics which is also positively affecting the market. There is also increasing demand for this foam in commercial vehicle which is further creating new opportunities for this market in the forecast period.
Global Automotive Foam Market - Industry Trends and Forecast to 2027