DUBLIN, Jan. 10, 2018 /PRNewswire/ --
The "Global High Heat Foam Market 2017-2021" report has been added to Research and Markets' offering.
The global high heat foam market to grow at a CAGR of 5.34% during the period 2017-2021.
Global High Heat Foam Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is Use of high heat foams as substitute for metals. In the automotive industry, high heat foams are used as substitutes for metals, due to their lower manufacturing cost and time as compared with metals. In addition, the higher tensile strength combined with lower densities of high heat foams are the other factors contributing to their higher consumption as substitutes. High heat foams are used to achieve thinner-walled designs, which can replace thicker die-casted metal parts.
For instance, the use of high heat foams in the front rail B-pillar can reduce the weight of the vehicle by 16.4kg as compared with the metal sheets. Thus, with the growth in the automotive sector, the demand for large volumes of high heat foam as replacement of metal sheet is expected to augment during the forecast period.
The latest trend gaining momentum in the market is Increasing demand for bio-based high heat foam. The demand for natural raw materials such as polyols, soybean, and castor oil, which are derived from fruits and vegetables is increasing in the recent years. This is aimed to reduce the demand for fossil fuels and check the emission of greenhouses gases such as carbon dioxide during the manufacturing process. The demand for bio-based high heat foam is expected to increase due to the decrease in GHC emission during the manufacturing process, which will subsequently boost the growth in the global high heat foam market in the next five years.
- Increasing demand for bio-based high heat foam
- Increasing product innovations
- Increasing investments in capacity expansions
- Evonik Industries
- Rogers Corporation
Other prominent vendors
- PAR Group
- Queen City Manufacturing
- Shin-Etsu Polymer
- UBE INDUSTRIES
- Wacker Chemie
- Zhengzhou FoamTech Nano Material
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product Type
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/hvtfqr/global_high_heat?w=5
Research and Markets
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SOURCE Research and Markets