Pune, India -- (SBWire) -- 01/19/2018 --Global Flexible Foam Market Analysis with figures as recent as 2017 and forecasts up to 2024 provides an overview of the industry including its definition, size, share, growth, applications and manufacturing technology.
The Global Flexible Foam Market accounted for USD 35.87 billion in 2016 and is projected to grow at a CAGR of 5.80% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Flexible Foam Market by Type (PU {Polyester, Polyether} PP, PE), Application (Transportation, Packaging, Furniture & Bedding), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Top Competitors:
- BASF SE
- JSP
- Dow Chemical Company
- Huntsman Corporation
- Covestro AG
- Bayer AG
- Zotefoams PLC FXI
- SEKISUI ALVEO AG
- Rogers Corporation
- Woodbridge Foam Corporation
- UBE INDUSTRIES LTD
- Recticel and Vita Group Limited
- among others.
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Market Definition:
Flexible form comes in an open cell foams, can be a water absorbent if it is submerged into the water for a long duration. Therefore it is not recommended for floatation. These come in different types and sizes such as polyurethane, polypropylene, polyethylene and others and also be used at transportation, furniture and packaging.
Major Market Drivers and Restraint:
- Rise in the population leads to the increase in the household equipment
- R & D in the bio based flexible foam
- Helps in automobiles and packaging due to its light weight
- Not recommended for bedding due to its floatation nature
Competitive Analysis:
The Global Flexible Foam Market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Market Segmentation:
On the basis of type:- Polyurethane (PU), Polypropylene (PP), Polyethylene (PE) and others. Polyurethane (PU) is sub segmented into polyester foam and polyether foam.
On the basis of application:- Transportation, packaging, furniture and bedding. Transportation is sub segmented into Automotive, Railway and Aerospace.
On the basis of geography:- Global flexible foam market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Some of the major countries covered in this report are :-
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Key Questions Answered in Global Flexible Foam Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Flexible Foam Market in 2024?
What are the key factors driving, Analysis by Applications and Global Flexible Foam Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Flexible Foam Market?
Who are Opportunities, Risk and Driving Force of Global Flexible Foam Market?
Who are the opportunities and threats faced by the vendors in Global Flexible Foam Market?
What are the Global Flexible Foam Market?
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Flexible Foam Market 2017 Global Industry Analysis, Technologies, Drugs, Growth Economies Forecasts to 2024 with Top Vendors Analysis BASF SE, JSP, Dow Chemical Company
Global Flexible Foam Market by Type (PU {Polyester, Polyether} PP, PE), Application (Transportation, Packaging, Furniture & Bedding), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends, share, size and Forecast to 2024