PUNE, India, January 11, 2017 /PRNewswire/ --
The report "Flexible Foam Market by Type (Polyurethane, Polyethylene, Polypropylene), Application (Furniture & Bedding, Transportation, Packaging), Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) - Global Forecast to 2026", published by MarketsandMarkets, the market is projected to grow from USD 35.86 Billion in 2016 to USD 64.14 Billion by 2026, at a CAGR of 5.99% from 2016 to 2026.
Browse 94 market data Tables and 33 Figures spread through 192 Pages and in-depth TOC on "Flexible Foam Market"
Early buyers will receive 10% customization on this report.
The market is mainly driven by the growing use of flexible foams in furniture & bedding, automobiles, and packaging applications. In the automobile application, use of flexible foams results in reduced weight of vehicles, while in the packaging application, these foams not only ensure light weight of packages, but also offer cushioning and shock absorption properties.
Polyurethane (PU) foam is the largest type in the flexible foam market
Flexible polyurethane foams are commercially available in different forms such as slabstock, molded, and integral skin. These foams are flexible, structured, and non-reactive to chemicals and high temperatures, which makes them suitable for a wide variety of applications such as furniture & bedding, packaging, automotive, apparels, footwear, and other niche applications. PU foam also has environmental benefits; for instance, product made from polyurethane foam can be recycled and reused. Hence, the flexible foam market is expected to grow at a significant pace during the forecasted period.
Ask for PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=162971324
Transportation is the fastest growing application segment in the flexible foam market
Transportation application includes automobile, railways and aerospace. But automobile is the dominating industry in transportation application. The automobile industry is focusing on the weight reduction of vehicles. Companies are finding innovative ways to make use of materials to reduce the weight of the vehicles, which results in increasing efficiency. Flexible foam when combined with metals, helps to decrease weight, increases shock absorption and reduces vibration and dampening of the automobile. Hence, automobile manufacturers are focusing on increasing the use of flexible foam in the automobile.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=162971324
Asia-Pacific has been the fastest-growing market for flexible foam
In 2015, Asia-Pacific was the fastest-growing segment for Flexible Foam Market, in terms of both, volume and value, and is projected to continue the same during the forecast period. Emerging markets in Asia-Pacific such as China, India, South Korea, and the Southeast Asian countries are attracting global players to establish their manufacturing bases in this region. Manufacturers are vying to reach the wide customer base in countries such as China and India, to provide technologically advanced and quality products. Increased investments in various technological, infrastructural, and R&D sectors are driving the flexible foam market in the Asia-Pacific region.
The players profiled in the flexible foam market report are BASF SE (Germany), Bayer Material Science (U.S.), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.) Rogers Corporation (U.S.), Ube Industries, Ltd (Japan), Recticel (Belgium), Zotefoams Plc (U.K.), The Woodbridge Group (Canada), and Sekisui Alveo AG (Switzerland).
Browse Related Reports:
Polypropylene Foams Market by Application (Automotive, Packaging, Consumer Products & Others), by Type (Expanded Polypropylene Foams and Extruded Polypropylene Foams) & Geography - Trends and Forecasts to 2018
Polymer Foam Market by Type (PU, PS, PVC, Phenolic, Polyolefin, Melamine, and Other), by Application (Packaging, Building & Construction, Furniture & Bedding, Automotive, and Others), by Region (North America, Europe, Asia-Pacific, and Row) - Global Forecasts to 2021
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.
M&M's flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441Email: firstname.lastname@example.org
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets