Global Rigid Foam Market is Driven by Increasing Growth of Automobile and Packaging Industry

Rigid Foam Market is estimated to grow at 8.1% CAGR for 2017-2024 with factor such as lack of awareness among the people regarding the importance of product which will hamper the growth of the market in emerging economies.

Rigid foam market has shown an exceptional penetration in developing economies in Asia-Pacific. Rising demand of technological advanced and high quality product along with surging level of investment for the development of infrastructure which will help in driving the growth of the market.

Rigid Foam Market Scenario

According to Data Bridge Market Research the rigid foam market is witnessing a significant growth in developing economies during the forecast period of 2017-2024 due to factors such as increasing regulations by the government against greenhouse gas emission, growth of packaging and automotive industry, technological advancement which will help in boosting the growth of the market.

Now the question is which are the other regions that rigid foam market is targeting? Data Bridge Market Research has estimated a large growth in North America rigid foam market in the forecast period of 2017-2024. The Data bridge market research new reports highlight the major growth factors and opportunities in the rigid foam market.

For more analysis on the rigid foam market request for a briefing with our analysts

Rigid Foam Market Development in 2020

  • In February 2020, Zotefoams announced the launch of polyvinylidene fluoride (PVDF) foam which expands the portfolio of high-performance product (HPP) line while used in application of aircraft interiors.

Scope of the Rigid Foam Market

Rigid foam market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the rigid foam market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into polyurethane (PU), polystyrene (PS), polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and others. The application covered for the report are building & construction, appliances, packaging, automobile, and others. 
  • Rigid foam is formed by either polyisocyanurate, extruded polystyrene; or stretched polystyrene used on the wall exteriors to sheath continuous insulation while used as a heat shield, which provides the interior walls with soundproofing. They are used in various industries such as appliances, automobile, packaging, building & construction, and others.

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Key Pointers Covered in the Rigid Foam Market Industry Trends and Forecast to 2024

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • The Dow Chemical Company
  • Huntsman Corporation
  • Covestro AG
  • JSP Corporation
  • Borealis AG
  • Sealed Air Corporation
  • Armacell International S.A
  • Nitto Denko Corporation
  • Woodbridge Foam Corporation
  • Kaneka Corporation
  • ZotefoamsPlc

Above are the key players covered in the report, to know about more and exhaustive list of Rigid Foam companies contact us

Research Methodology: Global Rigid Foam Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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