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Flexible Elastomeric Foam Market Is Presumed to Grow at a Cagr of 3.2% Between 2019 and 2025 - Qyr

Flexible Elastomeric Foam Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.

Posted: Wednesday, April 10, 2019 at 8:16 AM CDT

Los Angeles, CA -- (SBWire) -- 04/10/2019 --Flexible elastomeric foam insulation for mechanical systems including: plumbing, refrigeration, HVAC and solar applications. Elastomeric foam insulation was developed in the 1950s. The introduction of this and other polymer-based materials marked an important industry transition from the use of natural materials, such as cork, to the use of synthetic materials and chemicals. The popularity of elastomeric insulation grew quickly, primarily because it eliminated the need for any type of vapor barrier to prevent the transference of moisture.

The Asia-Pacific will take an increasing significant part in global flexible elastomeric foam market, due to the strong demand from China, India and Southeast Asian countries. Currently, Armacell, K-FLEX, NMC, Zotefoams and Kaimann are major manufacturers of this industry. Armacell is a global leader. In 2017, the sales of Invista was 99.9 k tons, and the company held a share of 34%. In most segment market, Armacell and K-FLEX have an absolute market share due to production sites located around the world. At the same time, large manufacturers continue to acquire small businesses to capture more market share.

The global Flexible Elastomeric Foam market was 1660 million US$ in 2018 and is expected to 2060 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025. This report studies the Flexible Elastomeric Foam market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Flexible Elastomeric Foam in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Armacell

K-FLEX

NMC

Zotefoams

Kaimann

Aeroflex USA

Union Foam

Thermaflex

Durkee

Huamei

By the product type, the market is primarily split into

NBR Based Elastomeric Foam

EPDM Based Elastomeric Foam

Chloroprene Based

Elastomeric Foam

By the end users/application, this report covers the following segments

HVAC

Plumbing

Refrigeration

Automotive

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