The research report presents a comprehensive assessment of the Global Elastomeric Foam Market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data.
Pune, India -- (SBWIRE) -- 08/15/2018 -- Global Elastomeric Foam Market by Market Type (Natural Rubber, Synthetic Rubber (Nitrile Butadiene Rubber, Ethylene Propylene Dine Monomer, Chloroprene And Other), End-Use Industry (HVAC, Automotive, Electrical & Electronics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa) – Industry Trends and Forecast to 2025
The global Elastomeric Foam market is expected to reach USD 1.71 billion by 2025, from USD 1.21 in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025.
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Major Market Competitors of Global Elastomeric Foam Market
The key players operating in the global elastomeric foam market are –
- Rogers Corporation
- Armacell International S.A
- Zotefoams PLC.
- L'isolante K-Flex S.P.A.
- Aeroflex USA, Inc.
The other players in the market are Rubberlite, Inc., ODE Insulation, Kingwell World Industries, Inc , Recaa Insulation Systems Sdn. Bhd., ERA Polymers , Merryweather Foam, Inc, Sekisui Plastics Co. Ltd. , China Ining Industrial Group Co., Ltd, Huamei, Kaimann GmbH, Zotefoams PLC, Jinan Retek Industries Inc among other.
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Market Segmentation of Global Elastomeric Foam Market
By Market Type (Natural Rubber, Synthetic Rubber, Nitrile Butadiene Rubber (NBR), Ethylene Propylene Dine Monomer (EPDM), Chloroprene (CR) and Others)
By End-Use Industry (HVAC, Automotive, Electrical & Electronics and Others)
By Geography
- North America,
- Europe,
- Asia-Pacific,
- South America,
- Middle East & Africa
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Competitive Landscape
The global elastomeric foam market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Elastomeric Foam market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In July, 2015 Rogers Corporation Announced that divisional name changed from high performance foam to electrometric material solution. According to company electrometric material solution better reflects the range of products, available to meet the customer needs.
Major Market Drivers and Restraints:
- Raising demand by end-use industries of elastomeric foams.
- Growing purchasing power and high economic growth in Asia-Pacific.
- Increase in construction and manufacturing industry.
- Low penetration in underdeveloped countries.
- Lack of awareness regarding installation of elastomeric foam.
Reasons to Purchase this Report
- Current and future of global elastomeric foam market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report
- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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