Engineered Foam Market Worth 122.30 Billion USD by 2026

PUNE, India, December 1, 2016 /PRNewswire/ --

The report "Engineered Foam Market by Material Type (Polyurethane, Polystyrene, Polyolefin), Form (Flexible, Rigid, Spray), End User (Aerospace & Defense, Medical & Healthcare, Transportation, Manufacturing & Construction), Region - Global Forecast to 2026", Published by MarketsandMarkets, the market is estimated at USD 57.30 Billion in 2016, and is expected to reach USD 122.30 Billion by 2026, at a CAGR of 7.9% from 2016 to 2026.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 103 market data Tables and 84 Figures spread through 190 Pages and in-depth TOC on "Engineered Foam Market"

http://www.marketsandmarkets.com/Market-Reports/engineered-foam-market-171499038.html

Early buyers will receive 10% customization on this report.

Major growth drivers for the market include increased expenditure in space research activities and growth in the airline industry of emerging regions, such Asia-Pacific, Latin America, and the Middle East & Africa. High transition along with shorter product life cycles in end-use industries is another factor expected to drive the engineered foam market. Increase in the number of developments in the construction, sports & leisure, and automotive industries is also expected to further boost this market.

Flexible foam is the largest form segment of the engineered foam market 

Flexible foam is the largest form segment of the global engineered foam market. However, the spray foam segment is expected to grow at the highest CAGR during the forecast period. Spray foams have been increasingly used in the coating applications along with quick repairs in exiting insulations and cushioning. One major advantage of spray foam over the other types of foams is, it is ready to use and does not require any additional molding cost that may be required in case of rigid and flexible foams. This high growth in demand for spray foam is due to its increasing applications in insulation, such as light-density open-cell spray foam insulation and medium-density closed-cell spray foam insulation.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=171499038

Polyurethane is the largest material type segment of engineered foam market

The polyurethane segment contributed the largest share to the global engineered foam market among various types of engineered foam. Polyurethanes are among the most versatile construction materials that can be used for number of applications by end users. They can be strong elastomers or rigid plastics, and they can be processed using extrusion, injection molding, film blowing, solution dipping, and two-part liquid molding. Owing to its unique physical characteristics, this foam is steadily replacing traditional plastic components and metals.

Asia-Pacific is the largest market for engineered foam, globally 

Asia-Pacific was the largest market for engineered foam in 2015, and is projected to remain the same in the coming years. The continuous rise in manufacturing & construction materials for domestic use as well as exports drive the demand for engineered foam in the region.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=171499038

Key players operational in the Engineered Foam Market include The DoW Chemical Company (U.S.), BASF SE (Germany), Bayer AG (Germany), Sekisui Chemical Ltd. (Japan), Huntsman Corporation (U.S.), Trelleborg AB (Sweden), Inoac Corporation (Japan), Recticel NV/SA (Belgium), Vita (Lux III) S.à r.l. (U.K.), Armacell GmbH (Luxembourg), Foamcraft Inc. (U.S.), FoamPartner Group (Switzerland), Future Foam Inc. (U.S.), UFP Technologies Inc. (U.S.), and Rogers Corporation (U.S.).

Browse Related Reports:

Structural Foam Market by Material (Polyethylene, Polypropylene, Polystyrene, Polyurethane & Others), by Application (Material Handling, Building & Construction, Automotive, Electrical & Electronics, & Others) and by Region - Trends and Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/structural-foam-market-215477914.html

High Heat Foam Market by Type (Silicone, Polyimide, Melamine, Polyethylene, & Others) and by Application (Automotive, Railway, Industrial, Aerospace & Others) - Global Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/high-heat-foam-market-259165428.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

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.

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle
WA 98101, United States
Tel: +1-888-600-6441Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets