Northbrook, IL 60062 -- (SBWire) -- 03/28/2022 --The report "Polyolefin Foam Market by Resin Type (Polyethylene, Polypropylene, Ethylene-Vinyl Acetate), End-use Industry (Protective Packaging, Automotive, Building & Construction, Footwear), and Region - Global Forecast to 2026" The global polyolefin foam market size will grow to USD 10.5 billion by 2026 from USD 8.1 billion in 2021, at a CAGR of 5.2% during the 2021-2026 period. The use of polyolefin foam in Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, Medical, and others is expected to increase in APAC in the next five years.
Browse 210 market data Tables and 65 Figures spread through 218 Pages and in-depth TOC on "Polyolefin Foam Market by Resin Type (Polyethylene, Polypropylene, Ethylene-Vinyl Acetate), End-use Industry (Protective Packaging, Automotive, Building & Construction, Footwear), and Region - Global Forecast to 2026"
Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255644564
Polyethylene is projected to be the largest resin type of the polyolefin foam market.
Epoxy is the largest resin type in polyolefin foam market in terms of volume. Polyethylene (PE) is the most commonly used type of plastic and is made up of ethylene monomers linked together. When the monomers are polymerized, they are bonded together, creating a stable thermoplastic. Polyethylene foams offer lightweight, durable, closed-cell characteristics that are useful for packaging fragile electronics and providing comfort and support for sporting goods. They combine excellent insulation and vibration dampening properties with high resistance to chemicals and moisture.
APAC is the largest polyolefin foam market globally.
APAC is projected to lead the polyolefin foam market and this dominance is expected to continue till 2026. China is the key market in the region. The region is seen as a lucrative market for the growth of polyolefin foam. Increasing foreign investments increases the overall demand for polyolefin foam. Apart from major countries such as China, India, Japan, and South Korea, countries like Taiwan and Thailand are gathering attention and are growing at a brisk pace.
The key players profiled in the polyolefin foam market report are BASF SE(Germany), JSP Corporation(Japan), Kaneka Corporation(Japan), Hanwha Total.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" 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.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Automotive and Packaging Were Leading Segments in Overall Polyolefin Foam Market