The global high heat foam market (2016–2021) is estimated to reach USD 11.37 billion by 2021 at a CAGR of 8.2%. The report covers the high heat foam market by resin type, such as silicone, polyimide, melamine, polyethylene, & others; by application, such as automotive, railway, industrial, aerospace & others; and by region, namely, North America, Europe, Asia-Pacific, and RoW. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021.
“The rise in demand for foam in applications, such as automotive and industrial, fuels the growth of the market.”
Complete report of High Heat Foam Market spread across 139 Pages, Profiling 10 Companies and Supported with 91 Tables and 47 Figures is now available at http://www.reportsnreports.com/reports/545756-high-heat-foam-market-by-type-silicone-polyimide-melamine-polyethylene-others-and-by-application-automotive-railway-industrial-aerospace-others-global-forecasts-to-2021.html .
“Industrial segment, the fastest-growing application of high heat foam market”
High heat foams are used in various applications such as automotive, railway, industrial, aerospace, and others. These are the major applications considered in the report. The industrial application is projected to be the fastest-growing segment among them in terms of volume between 2016 and 2021. This growth is driven by increasing demand of foams across all the industrial end-use applications. Furthermore, it is also supported by high public investments in infrastructure, rebound in the production output levels, and efforts from the end user market to capitalize on need of the consumers.
“Asia-Pacific, the fastest-growing market of high heat foam market”
This Research is for following Key Target Audience:
- Manufacturers of polymer resins, foam raw materials, and other feedstock chemical manufacturers
- Traders, distributors, and suppliers of high heat foam
- Regional manufacturer associations and general foam associations
- Government and regional agencies and research organizations
- Investment research firms
Sample Copy of this Research is Available Now
The Asia-Pacific region is the fastest-growing market of high heat foam, in terms of value and volume. High economic growth rate, growing manufacturing industries, cheap labor, increasing foreign investments, rising demand for foams, and a global shift in production capacity from the developed markets to the emerging markets are major factors leading to the growth of the high heat foam market in this region.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.
The break-up of primary interviews is given below.
By Company Type - Tier 1 - 56%, Tier 2 – 33% and Others - 11%
By Designation - C level - 44%, Director level - 33%, others - 22%
By Region - North America - 28%, Europe - 33%, Asia-Pacific - 26%, RoW – 13%
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Price and availability of raw materials are key factors for foam manufacturers for determining the cost structure of their products. Raw materials used by the foam industry include resins, inorganic chemicals, and refined petroleum products. Most of these raw materials are petroleum-based derivatives and are vulnerable to fluctuations in commodity prices, thus hindering the growth of the market.
The key companies profiled in this market research report are BASF SE (Germany), Rogers Corporation (U.S.), Armacell International S.A. (Luxembourg), Evonik Industries (Germany), Sinoyqx (China), Waker Chemie AG (Germany), SABIC (Riyadh), Puren GmbH (Germany), Ube Industries, Ltd. (Japan) and Intec foams (U.K.).
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