The new report by Expert Market Research titled, ‘Global Polyethylene Foam Market Price, Share, Size, Growth, Trends, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global polyethylene foam market, assessing the market based on its segments like type, end use, density, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2020): USD 3.42 billion
- Forecast CAGR (2023-2028): 6.13%
- Forecast Market Size (2026): USD 4.86 billion
The growth of the global market for polyethylene foam is being driven by the increasing demand from construction industry. The growing application of polyethylene foams in various infrastructural projects owing to its physical properties such as moisture resistance, thermal insulation, and sound absorption, among others are anticipated to propel the demand over the forecast period.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/polyethylene-foam-market/requestsample
Additionally, factors such as inflating disposable incomes, increasing urbanisation and industrialisation, rising construction and renovation activities globally are likely to bolster the demand of polyethylene foam. However, looking forward the negative impact of polyethylene foams on environment may hinder the market growth in the coming years.
Polyethylene Foam Industry Definition and Major Segments
Polyethylene foam refers to a durable, lightweight closed-cell foam which provides water resistance. Polyethylene foam is obtained by various polymer compounds and finds application across various end use industries.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/polyethylene-foam-market
The market, based on type, can be segmented into:
- XLPE Foam
- Non-XLPE Foam
On the basis of density, the market can be categorised into:
- High-Density Polyethylene
- Low-Density Polyethylene
- Linear Low-Density Polyethylene
Based on end-user, the market can be divided into:
- Automotive
- Building and Construction
- Fast-Moving Consumer Goods (FMCG)
- Pharmaceutical
- Others
The regional markets for polyethylene foam include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Polyethylene Foam Market Trends
Regionally, the Asia Pacific is anticipated to witness the fast growth rate and dominate the global market for polyethylene foams. This can be attributed to rapid urbanisation and industrialisation in emerging economies such as India and China.
Additionally, factors such as availability of cheap raw materials, low-cost labour, and various government initiatives such as Make in India, by Indian government, are likely to boost the local production of polyethylene foams. Moreover, rising shift production bases of global players in North America and Europe to Asia Pacific due to less stringent regulations is further anticipated to bolster the regional growth over the forecast period.
Key Market Players
The major players in the market are Wisconsin Foam Products, Armacell International S.A., Hira Industries LLC, Zotefoams Plc, Pregis LLC, and a few others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read Related Reports :
Lead Acid Battery for Energy Storage Market: https://www.marketwatch.com/press-release/global-lead-acid-battery-for-energy-storage-market-size-to-grow-at-a-cagr-of-33-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline
Light Detection and Ranging (LiDAR) Market: https://www.marketwatch.com/press-release/global-light-detection-and-ranging-lidar-market-size-to-grow-at-a-cagr-of-97-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline
Server Operating System Market: https://www.marketwatch.com/press-release/global-server-operating-system-market-size-to-grow-at-a-cagr-of-121-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline
Space Propulsion Systems Market: https://www.marketwatch.com/press-release/global-space-propulsion-systems-market-size-to-grow-at-a-cagr-of-141-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline
Video Laryngoscope Market: https://www.marketwatch.com/press-release/global-video-laryngoscope-market-size-to-grow-at-a-cagr-of-184-in-the-forecast-period-of-2023-2028-2023-03-13?mod=search_headline
About Us :
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact :
Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
