IRVING, Texas, Nov. 8, 2016 /PRNewswire/ -- The future of the global foam core materials market looks good with opportunities in the wind energy, marine, construction, and transportation industries. The global foam core materials market is expected to reach an estimated $783 million by 2021 and is forecast to grow at a CAGR of 6.2% from 2016 to 2021. The major driver for the growth of this market is increasing demand for composite materials in the end use industries.
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Within foam core materials market, PVC foam core is expected to remain the largest product type over the forecast period due to its growing demand in wind and marine industries.
Asia Pacific is expected to remain the largest market due to the increasing wind turbine capacity installations in this region.
ROW is expected to witness the highest growth over the forecast period due to growth of end use industries.
Emerging trends which have a direct impact on the dynamics of the industry include the development of recyclable core materials. DIAB, 3A Composites, Gurit are among the major suppliers of foam core material.
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The study includes a forecast for the growth opportunities in the global foam core materials market by end use application, product type, and region, as follows:
By end-use application [Volume (M lbs) and Value ($ million) from 2010 to 2021]:
- Wind Energy
By product type [Volume (M lbs) and Value ($ million) from 2010 to 2021]:
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Styrene Acrylonitrile (SAN)
- Others (PU, PEEK, PMI ,and PPSU)
This 118-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/global_foam_core_materials_market_2016_2021.aspx or email@example.com.
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