Jan 21, 2020
WiseGuyReports.com adds “Global Automotive Foam Market Size study, Type, Application, End-Use Industry and Regional Forecasts 2019-2026” reports to its database.
Pune, India - January 22, 2020 /MarketersMedia/ —
Automotive Foam Market:
Global Automotive Foam market is valued approximately at USD 37.13 Billion in 2018 and is anticipated to grow with a growth rate of more than 9.97% over the forecast period 2019-2026. Automotive foam is made up of solid and gas phase mixture to form a plastic foam. The automotive foams are available in different form types that is based on raw material used, olefins, polystyrene and polyurethane etc. and are produced by the use of crude oil as feedstock. The growth in automotive industry in emerging nations such as China and India propel the growth of market over the forecast years. Also, the versatile and unique physical properties of automotive foam and increasing use of automotive foam in end use industries accelerate the growth of market over the forecast years. Automotive foam is cost effective, weight reduction and low density in nature. Automotive foam offers low heat transfer and optimal insulator properties and provide extra comfort, flexibility to the passenger and softness anticipate to the growth of market over the forecast years. Automotive foam has productive application in automotive industry and rise in growth of automotive industry propel the growth of market. For instance: According to the International Organization of Motor Vehicle Manufacturer, the global car production in 2017 was 97.2 million that is an increase of approx. 2.2 million from 2016 that is 95 million. Hence, rising growth in automotive industry across the globe and efficient application of automotive foam in automotive industry fuels the growth of market over the forecast years. Whereas, renewable feedstock for manufacturing green PU Foams is an opportunity for the growth of market. However, lack of proper disposable & recycling technique is a challenging factor that combat the growth of market over the upcoming years.
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The regional analysis of global Automotive Foam market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is accounts for largest share in the global automotive foam market due to the rise in application of automotive foam in the end use industries such as passenger and commercial vehicle. Similarly, rise in production of automobile is the factor accelerating the growth of global automotive foam market from between 2018-2026.
Market player included in this report are:
Woodbridge Foam Corporation
The DOW Chemical Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End-user Industry:
Heavy commercial vehicles (HCVs)
Light commercial vehicles (LCVs)
Table of Content
Chapter 1. Executive Summary
Chapter 2. Global Automotive Foam Market Definition and Scope
Chapter 3. Global Automotive Foam Market Dynamics
Chapter 4. Global Automotive Foam Market Industry Analysis
Chapter 5. Global Automotive Foam Market, by Application
Chapter 6. Global Automotive Foam Market, by Type
Chapter 7. Global Automotive Foam Market, by End-User Industry
Chapter 8. Global Automotive Foam Market, Regional Analysis
Chapter 9. Competitive Intelligence
Chapter 10. Research Derivatives
For further information on this report, visit - https://www.wiseguyreports.com/reports/4871073-global-automotive-foam-market-size-study-by-type
Name: NORAH TRENT
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