Global Automotive Foam Market: Growing End-User Industry is Accelerating the Demand for Automotive Foams

Global Automotive Foam Market

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.

Access Full Report at https://www.databridgemarketresearch.com/reports/global-automotive-foam-market

Some factors responsible for the growth of this market are:

  • Versatility and unique physical properties: Today many different types of foam are used in the car so they can provide the rider and passenger with protection, comfort and energy conservation. Polyurethane is one of the most preferred by manufacturer and is usually used in headrests, armrests, seats among others. They have the ability to decrease the stress and fatigue while driving. There insulation properties also provide protection against noise and heat of the engine which make them an ideal choice. Overall weight of the car is also decreased because of their strong and light nature which also helps in better efficiency and improved environmental performance
  • Growth in end-user industries: Automotive foam can be widely used in passenger cars, heavy commercial vehicles and light commercial vehicle. Increasing urbanization and changing lifestyle of the people is the major factor for this market to grow. Today, people are demanding for personal cars so they can get more comfort and for easy travelling. Increasing globalization and rising demand for different international products among population have positively affected light commercial vehicle market. Light Commercial Vehicle means a commercial motor vehicle whose gross weight does not exceed 7500 kg, wholly or primarily built or modified for the carriage of goods.

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:

  • In March 2019, Sika announced the acquisition of Belineco LLC. This acquisition will help the company to develop polyurethane foams and enhance their position in the East European Market. It will also increase the product offering of Sika and boost the competitiveness of the company and will strengthen their market position
  • In September 2015, The Woodbridge Group is presenting the new automotive seating concept to the European Automotive Engineers with the launch of their AdaptiPedic. This comfort and orthopedic support technology provides composite seat cushioning system that offers automatically personalized comfort and optimal lumbar posture. The company has combined adaptive comfort foam with high- supportive foams

 “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.