Flexible elastomeric foam insulation for mechanical systems including: plumbing, refrigeration, HVAC and solar applications. Elastomeric foam insulation was developed in the 1950s. The introduction of this and other polymer-based materials marked an important industry transition from the use of natural materials, such as cork, to the use of synthetic materials and chemicals. The popularity of elastomeric insulation grew quickly, primarily because it eliminated the need for any type of vapor barrier to prevent the transference of moisture.
The Asia-Pacific will take an increasing significant part in global flexible elastomeric foam market, due to the strong demand from China, India and Southeast Asian countries.
Currently, Armacell, K-FLEX, NMC, Zotefoams and Kaimann are major manufacturers of this industry. Armacell is a global leader. In 2017, the sales of Invista was 99.9 k tons, and the company held a share of 34%. In most segment market, Armacell and K-FLEX have an absolute market share due to production sites located around the world. At the same time, large manufacturers continue to acquire small businesses to capture more market share.
According to this study, over the next five years the Flexible Elastomeric Foam market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 1920 million by 2024, from US$ 1660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Flexible Elastomeric Foam business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Flexible Elastomeric Foam market by product type, application, key manufacturers and key regions and countries.
This study considers the Flexible Elastomeric Foam value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
NBR Based Elastomeric Foam
EPDM Based Elastomeric Foam
Chloroprene Based
Elastomeric Foam
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
HVAC
Plumbing
Refrigeration
Automotive
Oil & Gas
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Armacell
K-FLEX
NMC
Zotefoams
Kaimann
Aeroflex USA
Union Foam
Thermaflex
Durkee
Huamei
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Flexible Elastomeric Foam consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Flexible Elastomeric Foam market by identifying its various subsegments.
Focuses on the key global Flexible Elastomeric Foam manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flexible Elastomeric Foam with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Flexible Elastomeric Foam submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Flexible Elastomeric Foam . Industry analysis & Market Report on Flexible Elastomeric Foam is a syndicated market report, published as Global Flexible Elastomeric Foam Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Flexible Elastomeric Foam market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.