Global Polyethylene (PE) Foams Market, By Type (XLPE Foam, Non XLPE Foam), Product Type (Ethafoam Synergy Fine Cell Polyethylene Foams, Flame-Resistant Polyethylene Foams, Medium and High Density Foams, Military Grade and Recycled Content Foam), Density (Low Density Polyethylene (LDPE) Foam, High Density Polyethylene (LDPE) Foam), End Use Application (Protective Packaging, Automotive, Void Fill, Agriculture, Archery, Building and Construction, Medical, Foot Wear, Sports and Recreational, Military, Blocking and Bracing, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
ThepPolyethylene (PE) foams market size is expected to grow at a compound annual growth rate of 6.60% for the forecast period of 2021 to 2028. Data Bridge Market Research report on polyethylene (PE) foams market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Polyethylene foam is a type of a durable and lightweight material often used for in the packaging of delicate goods owing to its excellent vibration and insulation properties. It also offers high confrontation to chemicals and moisture.
The high growth of major end-use application segments is expected to influence the growth of the polyethylene (PE) foams market. In line with this, the rise in income levels and modern attitudes toward home ownership in several emerging countries are also anticipated to act as key determinants favoring the growth of the polyethylene (PE) foams market over the forecast period of 2021 to 2028. Also the, major growth of the global construction sector and rise in expenditure on commercial and luxury vehicles in emerging economies are also expected to positively impact the growth of the polyethylene (PE) foams market. The major factor accountable for the growth of the market is the rise in consumer spending on packaged goods.
However, the volatile raw material pricing and strict government regulations are likely to act as key restraints towards polyethylene (PE) foams market growth rate in the forecast period of 2021 to 2028, whereas the high demand for bio-based polyols can challenge the growth of the polyethylene (PE) foams market in the above mentioned forecast period.
Furthermore, the high demand for CO2-based polyols and the rise in residential and commercial construction activities caused by rapid urbanization are expected to offer a variety of growth opportunities for the polyethylene (PE) foams market in the above mentioned forecast period.
This polyethylene (PE) foams market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the polyethylene (PE) foams market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Polyethylene (PE) Foams Market Scope and Market Size
The polyethylene (PE) foams market is segmented on the basis of type, product type, density and end use application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the polyethylene (PE) foams market is segmented into XLPE foam and Non XLPE foam.
- On the basis of product type, the polyethylene (PE) foams market is segmented into ethafoam synergy fine cell polyethylene foams, flame-resistant polyethylene foams, medium and high density foams, military grade and recycled content foam.
- Based on density, the polyethylene (PE) foams market is segmented into low density polyethylene (LDPE) foam and high density polyethylene (HDPE) foam.
- The end use application for polyethylene (PE) foams market is segmented into protective packaging, automotive, void fill, agriculture, archery, building and construction, medical, foot wear, sports and recreational, military, blocking and bracing and others.
Polyethylene (PE) Foams Market Country Level Analysis
The polyethylene (PE) foams market is analyzed and market size, volume information is provided by country, type, product type, density and end use application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the polyethylene (PE) foams market because of the easy availability of inexpensive raw materials, low cost of production and high demand for premium and better quality products. North America is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to rise in expenditure on commercial and luxury vehicles.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyethylene (PE) Foams Market Share Analysis
The polyethylene (PE) foams market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyethylene (PE) foams market.
The major players covered in the polyethylene (PE) foams market report are JSP, Armacell, Dow, Zotefoams Plc, Sealed Air, Recticel NV/SA, BASF SE, INOAC CORPORATION, Thermotec, Wisconsin Foam Products, DAFA A/S, Palziv, Trecolan GmbH, Protac Inc., Pregis LLC, MITSUI CHEMICALS AMERICA, INC., Hira Industries LLC, SANWA KAKO CO., LTD MEDICAL, KANEKA CORPORATION and TORAY INDUSTRIES, INC., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.