Flexible Foam Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2025
Category: #business  By Partha Ray  Date: 2019-07-12
  • share
  • Twitter
  • Facebook
  • LinkedIn

Flexible Foam Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2025

MarketStudyReport.com Adds New Flexible Foam Market 2019 – 2025 research report providing information and data By Type, By End-Use, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 450 Pages with table and figures in it.  

Asia Pacific flexible foam market will grow significantly owing to the increasing presence of online platforms to provide a wide range of products will augment the regional growth. Shifting consumer interests for home interior products are boosting the demand for different flexible foam types in the industry.  Expansion of prominent furniture brands in the region to provide superior quality and low-cost furniture and upholsteries will steer the flexible foam market growth. For instance, in September 2017, IKEA, Swedish-furniture manufacturer, and retailer announced to open its first distribution center in India to enhance their industry share.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1689410/                

Increasing focus of manufacturers towards developing lightweight and fuel-efficient vehicles provides a positive outlook for the industry growth. Surging demand for the product from the packaging industry owing to the lightweight and excellent shock absorbing capability of the product will deliver propitious growth opportunity during the forecasted timeframe. Growing demand for flexible foams in building insulation to meet energy-saving requirements will create new windows of opportunities for industry participants.

Growing consumers spending on luxury beddings and consumer goods coupled with buoyant demand for the product in several end-use industries including furniture & upholstery, transportation, packaging, consumer goods, and construction will propel the flexible foam market growth. Increasing demand for safety and comfort in automotive and furniture industry will provide lucrative opportunities for the industry participants.

Technological advancements in the e-commerce industry have enabled the online retailing companies to adopt diversified channels will create notable gains up to 2025. Growing internet penetration in Asia has significantly improved the product demand. For instance, internet penetration in China was over 45% in the year 2015. Development of viscoelastic flexible foams providing enhanced comfort and moisture resistance will foster the product demand in the automotive & furniture industry.

Industry participants are focusing on expanding their regional presence through strategic mergers & acquisition to cater to the growing consumer requirements. For instance, In May 2012, INOAC and Rogers entered into a joint venture to open a new polyurethane production line in Suzhou, China. The deal is expected to aid the companies in strengthening their foothold the region as well as enable them to ensure a steady source of raw material supply to aid their operations in the Asia Pacific.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1689410/                                            

Polyurethane segment dominated the flexible foam market and accounted for over 50% of the overall demand in 2018. It is easily available in form of sheets, molded parts, blocks etc. and can withstand high & low temperatures thus making the product suitable for numerous end-use applications. Polyurethane is majorly used as insulating material in the electronics, building & construction, consumer goods and transportation industry.

Key players in the flexible foam industry includes Covestro AG, BASF, Dow Chemical Company, Recticel, and Huntsman International. New product launches and technological developments are among the key strategies observed in the industry. For instance, in April 2018, SINOYQX launched its melamine flexible foam, YQX TG with enhanced thermal insulation, sound absorption, and chemical & fire-resistant properties that it provides to automotive & marine engine parts.

Furniture & upholstery end-use segment dominated the flexible foam market registering over 6% CAGR up to 2025. Surging consumer spending capacity for premium cushion technology in developing economies including India, South Africa, and the UAE will provide a strong business outlook for the furniture end use. Recent technological developments in the flexible foam industry have enabled the manufacturers to develop viscoelastic products that provide excellent protection against microorganisms and allergens, better durability and longer product life.

Table of content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Flexible Foam Industry Insights

Chapter 4 Flexible Foam Market, By Type

Chapter 5 Flexible Foam Market, By End use

Chapter 6 Flexible Foam Market, By Region

Chapter 7 Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/flexible-foam-market                                           

Related Report:

Flexible Packaging Market [By Type (Bags, Pouches, Wraps, Others) By Material (Paper, Plastic, Flexible Foam, Aluminum Foil, Bioplastics, Others) By End-User (Food and Beverage, Healthcare, Retail, Consumer Goods, Others), By Regions]: Market Size & Forecast, 2018 ? 2026

Numerous key players have adopted partnership and acquisition strategies to increase their market share in the global flexible packaging market. For instance, In December 2015, Mondi Group signed an agreement for the acquisition of 95% of the outstanding share capital in KSP, Co. KSP is a flexible packaging company based in South Korea with strong focus on production of high-quality spouted and retort stand-up pouches for food, pet food and beverage industries. The acquisition of KSP compliments Mondi?s stand-up pouch operations in Korneuburg, Austria and Jackson, US while expanding its presence in U.S. and Asia. In July 2016, Mondi Group also signed an agreement to acquire Uralplastic. Uralplastic manufactures a range of consumer flexible packaging products for food, hygiene, homecare and other applications. The acquisition of Uralplastic supports the development of Mondi?s consumer packaging business, strengthens its presence in the Russian consumer packaging market, and expands its offerings in the flexible packaging market.

https://www.marketstudyreport.com/reports/flexible-packaging-market-by-type-bags-pouches-wraps-others-by-material-paper-plastic-flexible-foam-aluminum-foil-bioplastics-others-by-end-user-food-and-beverage-healthcare-retail-consumer-goods-others-by-regions-market-size-forecast-2018-2026/?utm_source=RR-PSR

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

...

Read More

More News By Partha Ray

Stone Veneer Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts to 2024
Stone Veneer Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts to 2024
By Partha Ray

The ' Stone Veneer market' study added by Market Study Report, LLC, exhibits a comprehensive analysis of the growth trends present in the global business scenario. The study further presents conclusive data referring to the commercialization ...

Thidiazuron Market Global Outlook on Key Growth Trends, Factors
Thidiazuron Market Global Outlook on Key Growth Trends, Factors
By Partha Ray

The research report on ' Thidiazuron market' now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market siz...

Photovoltaic Solar Panel Market Analysis & Technological Innovation by Leading Key Players
Photovoltaic Solar Panel Market Analysis & Technological Innovation by Leading Key Players
By Partha Ray

This report Added by Market Study Report, LLC, focuses on factors influencing the present scenario of the ' Photovoltaic Solar Panel market'. The research report also offers concise analysis referring to commercialization aspects, profit esti...