Global Elastomeric Foam Market is segmented by Type (Natural Rubber/ Latex ,Synthetic Rubber ,Nitrile Butadiene Rubber, Ethylene Propylene Dine Monomer ,Chloroprene Others), End-Use Industry (HVAC, Automotive ,Electrical & Electronics, Others) ,and Region (North America, South America, Asia Pacific, Europe and Middle East & Africa) Global Elastomeric Foam Market valued at US$XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period.
Growing demand from end-use industry like HVAC and automotive & transportation is projected to fuel the development of the flexible global elastomeric foams market. However, the lack of awareness about the benefits of insulation is projected to restrain the growth of the market during the forecast period.
Type is leading segment of elastomeric foam market, synthetic rubber is expected to hold largest market share during forecasting period. The larger market size of synthetic rubber as compared with natural rubber is because of its better properties for use in various applications. NBR is the usually synthetic rubber type because of its superior properties and a relatively lower cost than the other types of synthetic rubber.
APAC is projected to hold largest market share during forecast period. The market in the region is driven by the growing population and economic growth. Both residential and non-residential sectors are expected to grow in China and India during the forecast period, which, in turn, will drive the HVAC industry, thereby, growing the demand for flexible elastomeric foam in this industry.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such Armacell International S.A., Hira Industries, Zotefoams PLC., L’isolante K-Flex S.P.A., Kaimann GmbH, Huamei Energy-Saving Technology Group Co.Ltd,Jinan Retek Industries Inc,Aeroflex USA, Inc., NMC SA ,Anavid, Roka Yalitim, Rubberlite, Inc., Rogers Foam Corporation, Rogers Corporation, ODE Insulation, Kingwell World Industries, Inc, Recaa Insulation Systems Sdn. Bhd., ERA Polymers, Merryweather Foam, Inc.,Grando, Sekisui Plastics Co. Ltd., China Ining Industrial Group Co., Ltd. A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.