Mergers & acquisitions are the key development strategies adopted by the leading players in the global ceramic foams market
The global ceramic foams market is estimated to be USD 343.2 million in 2018 and is projected to reach USD 441.7 million by 2023, at a CAGR of 5.2% between 2018 and 2023.
Ceramic foams are porous substances made from ceramic materials. They are of different types depending on various applications such as alumina, silicon carbide, zirconia oxide, magnesia, etc. These materials possess a wide range...
Polyolefin Foam Market Worth $10.5 Billion By 2026 – Exclusive Research by MarketsandMarkets™
The polyolefin foam market is projected to grow from USD 8.1 billion in 2021 to USD 10.5 billion by 2026, at a CAGR of 5.2% between 2021 and 2026. Growing demand from the automotive and packaging industry is likely to boost the polyolefin foam market.
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The key market players are BASF SE...
Extruded Polypropylene (XPP) Foam Market worth $1.048.8 million by 2023
The XPP foam market is projected to grow from USD 751.0 million in 2018 to USD 1,048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. APAC is estimated to be the largest consumer of XPP foam in 2018. The demand for XPP foam is mainly driven by its properties such as recyclability and eco-friendliness in comparison to other competitive foams, such as PU and PE, and high functional characteristics...
Rigid Foam Market: Outlook, Opportunity & Future Trends Till Forecast Period 2022
The market for rigid foam has been growing rapidly due to its excellent combination of properties such as energy conservation, high mechanical strength, along with the lighter weight as compared to other foams. Rigid foam plays an important role in modern building & construction, automotive, packaging, and other industrial applications due to its efficient thermal insulation properties. Moreover,...
Increasing Demand from End-use Industries will drive the Pet Foam Market
The PET foam market is projected to grow from USD 361 million in 2022 to USD 503 million by 2027, at a CAGR of 6.9% from 2022 to 2027. PET foam is majorly used in the wind energy, marine, transportation, building & construction, and packaging end-use industry. Hence, the continuous growth of these industry would drive the PET foam market during the forecast period. Increasing use of renewable...
Futuristic Business Opportunities in Polymer Foam Market
The polymer foam market is projected to grow from USD 90.7 billion in 2020 to USD 114.8 billion by 2025, at a CAGR of 4.8% between 2020 and 2025. APAC is the largest consumer of polymer foam. The overall growth of the market is triggered by the growth of major end-use industries of polymer foams, high demand for polymer foams in APAC, and energy sustainability and energy conservation properties of...