The global elastomeric foam insulation market is expected to reach an estimated $1.6 billion by 2023 with a CAGR of 4.1% from 2018 to 2023
NEW YORK, Dec. 3, 2018 /PRNewswire/ -- Trends, opportunities and forecast in elastomeric foam insulation market to 2023 by product type (closed cell and open cell), end use industry (building and construction, automotive, industrial, electrical and electronics, healthcare, and others), function (thermal insulation, acoustic insulation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Read the full report: https://www.reportlinker.com/p05638933
The future of the elastomeric foam insulation market looks promising with opportunities in the building and construction, automotive, industrial, electrical and electronics, and healthcare industries. The global elastomeric foam insulation market is expected to reach an estimated $1.6 billion by 2023 with a CAGR of 4.1% from 2018 to 2023. The major drivers for this market are construction activities and stringent government regulation for energy efficiency.
Emerging trends, which have a direct impact on the dynamics of the industry, include the development of superior thermal performance insulation for high temperature applications and UV resistant foam insulation with excellent protection from weather and mechanical abuse.
elastomeric foam insulation market by application
elastomeric foam insulation market
elastomeric foam insulation manufacturers
The study includes the elastomeric foam insulation market size and forecast for the global elastomeric foam insulation market through 2023,segmented by function, end use industry, product type, and region as follows:
Elastomeric Foam Insulation Market by End Use Industry [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
Building and construction Automotive Industrial Electrical & electronics Healthcare Others
Elastomeric Foam Insulation Market by Product Type [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
Closed Cell Open Cell
Elastomeric Foam Insulation Market by Function [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
Thermal Insulation Acoustic Insulation Others
Elastomeric Foam Insulation Market by Region [Volume (M lbs) and $M shipment analysis for 2012 – 2023]:
North America US Canada Mexico Europe Germany France United Kingdom Spain Italy Asia Pacific China Japan India The Rest of the World Brazil UAE
Armacell, K-Flex, Aeroflex, Humaei, Kaimann, Zotefoams, and Hira Industries are among the major suppliers of elastomeric foam insulation.
Lucintel forecasts that closed cell is expected to remain the largest product type and witness the highest growth over the forecast period due to its excellent thermal insulation and moisture resistance properties.
Within the elastomeric foam insulation market, building and construction will remain the largest end use industry due to rise in building and construction activities and supportive government regulations for energy efficient structures. The electrical and electronics segment is expected to witness the highest growth in the forecast period due to its increasing usage in various consumer appliances such as refrigerators and air conditioners.
Asia Pacific is expected to remain the largest market and to witness the highest growth over the forecast period supported by increasing residential construction and government regulations for energy efficiency.
Some of the features of "Elastomeric Foam Insulation Market Report: Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global elastomeric foam insulation market size estimation in terms of value ($M) and volume (MLbs.) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Global elastomeric foam insulation market size by various applications such as function, end use industry, and product type in terms of value and volume shipment.
Regional analysis: Global elastomeric foam insulation market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of elastomeric foam insulation in the global elastomeric foam insulation market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of elastomeric foam insulation in the global elastomeric foam insulation market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global elastomeric foam insulation market by product type (closed cell and open cell), end use industry (building and construction, automotive, industrial, electrical and electronics, healthcare, and others), function (thermal insulation, acoustic insulation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the elastomeric foam insulation market?
Q.5 What are the business risks and threats to the elastomeric foam insulation market?
Q.6 What are the emerging trends in this elastomeric foam insulation market and the reasons behind them?
Q.7 What are the changing demands of customers in the elastomeric foam insulation market?
Q.8 What are the new developments in the elastomeric foam insulation market? Which companies are leading these developments?
Q.9 Who are the major players in this elastomeric foam insulation market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this elastomeric foam insulation area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this elastomeric foam insulation market?
Read the full report: https://www.reportlinker.com/p05638933
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