PUNE,India, November 28, 2016 /PRNewswire/ --
The report "Medical Foam Market by Material Type (Polyurethane, Polystyrene, Polyolefin), Form (Flexible, Rigid, Spray), Application (Medical Packaging, Medical Devices & Components, Prosthetics & Wound Care), and Region - Global Forecast to 2026", published by MarketsandMarkets, the global market is projected to grow from USD 14.06 Billion in 2016 to USD 30.89 Billion by 2026, at a CAGR of 8.2%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 97 market data Tables and 85 Figures spread through 176 Pages and in-depth TOC on "Medical Foam Market"
http://www.marketsandmarkets.com/Market-Reports/medical-foam-market-176803616.html
Early buyers will receive 10% customization on this report.
High demand for the production of sterilized medical packaging materials, an increase in the aging population providing a high customer base for medical foams, government funding and grants for the development of advanced medical foam products, are expected to drive the global medical foam market.
Spray foam is the fastest growing market segment of the medical foam market
The flexible foam segment was the largest form segment of the global medical foam market. However, the spray foam segment is expected to grow at the highest CAGR during the forecast period. Spray foams have been increasingly used in the wound care market in instant bandages. One major advantage of spray foam over the other types of foams is, it is ready to use and does not require any additional molding which may be required in case of rigid and flexible foams, thus, saving cost. Spray foams can be used in instant bandages, in areas where standard bandages and other wound care products cannot be used directly.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=176803616
Polyurethane is the largest material type segment of the global medical foam market
The polyurethane segment had the largest share in the global Medical Foam Market among various types of medical foam. Polyurethanes are among the most versatile materials that can be used for medical devices. They can be strong elastomers or rigid plastics, and can be processed using extrusion, injection molding, film blowing, solution dipping, and two-part liquid molding. Owing to its unique physical characteristics, this foam is steadily replacing traditional plastic components, and metals. Polyurethane foams are widely used in various medical applications, such as packaging, medical devices & components, prosthetic and wound care, and others
Asia-Pacific is the largest market for medical foam, globally
The Asia-Pacific region was the largest market for medical foam in 2015. This region is a high growth end-use market, and the trend is expected to continue for the forecast period. The high growth in the manufacture of pharmaceutical products and medical instruments for domestic use as well as exports, drives the medical foam market. The increasing demand for high-quality products, growing population, and end-use industries have led to innovations and developments in the medical foam industry.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=176803616
Key players operational in the medical foam market include, The DOW Chemical Company (U.S.), BASF SE (Germany), Bayer AG (Germany), Sekisui Chemical Co., Ltd. (Japan), Huntsman Corporation (U.S.), Trelleborg AB (Sweden), Inoac Corporation (Japan), Recticel NV (Belgium), Vita (Lux III) S.à r.l. (U.K.), Armacell International, SA (Luxembourg), Foamcraft Inc. (U.S.), FoamPartner Group (Switzerland), Future Foam Inc. (U.S.), UFP Technologies Inc. (U.S.), and Rogers Corporation (U.S.).
Browse Related Reports:
High Heat Foam Market by Type (Silicone, Polyimide, Melamine, Polyethylene, & Others) and by Application (Automotive, Railway, Industrial, Aerospace & Others) - Global Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/high-heat-foam-market-259165428.html
Structural Foam Market by Material (Polyethylene, Polypropylene, Polystyrene, Polyurethane & Others), by Application (Material Handling, Building & Construction, Automotive, Electrical & Electronics, & Others) and by Region - Trends and Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/structural-foam-market-215477914.html
Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
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.
Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article