Elastomeric Foam Market Size Estimation, Global Industry Share Focus on Company Profile, Top Manufactures Analysis and Opportunity Assessment 2023

Global Elastomeric Foam Market: Information by Type (Natural Rubber and Synthetic Rubber), End-Use Industry (HVAC, Automotive, Electrical and Electronics, and Others), and Region (Asia-Pacific, North America, Europe, and Others)—Forecast till 2023

Pune, India - April 24, 2019 /MarketersMedia/ —

The Global Elastomeric Foam Market is the subject for the latest research report from Market Research Future (MRFR). The Global Elastomeric Foam Market is studied in the report with regard to the major drivers and restraints affecting the market’s movement, the major segments holding a dominant share in the market, and the leading players operating in the Global Elastomeric Foam Market.

Elastomeric foam is a rubber-based insulator with closed pores and a uniform cell structure. The use of Elastomeric Foam is rife in insulation applications in the HVAC, automotive, and electronics industries, among others. The growing demand for HVAC devices in emerging regions is likely to be a major driver for the Global Elastomeric Foam Market over the forecast period. The demand for HVAC devices has been driven by the growing demand for air conditioning equipment in residential and commercial establishments in developing regions. As air conditioning is not a widely occurring phenomenon in emerging regions such as the Middle East, Asia Pacific, and Latin America, the demand for HVAC equipment is growing rapidly in these regions. This is likely to be a major driver for the Elastomeric Foam Market over the forecast period.

The rapid development of modern shopping channels such as super/hypermarkets in these emerging regions is also likely to be a major driver for the Global Elastomeric Foam Market over the forecast period.

Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/6374

The growing automotive industry in emerging regions is also likely to play a key role in the development of the Elastomeric Foam Market over the forecast period. Elastomeric Foam is used in a number of applications in the automotive industry to achieve solid thermal and electrical insulation, which is likely to drive its demand over the forecast period. The growing demand for premium automobiles from the newly minted populace in the developing regions of the world is likely to drive the Global Elastomeric Foam Market at a handsome pace over the forecast period.

Competitive Analysis:

Leading players in the Global Elastomeric Foam Market include Armacell International SA, Zotefoams PLC, Huamei, Jinan Retek Industries Inc., Grando, Rogers Foam Corporation, Sekisui Plastics Co. Ltd., NMC SA, Kaimann GmbH, L’isolante K-Flex SpA, and Hira Industries LLC.

Acquisitions, especially pertaining to companies in emerging regions, are likely to remain a favored strategy for players looking to increase their global presence. For instance, in May 2018, Armacell International SA, acquired Guangdong De Xu Insulation Materials Co. Ltd. The latter is a leading Elastomeric Foam producer in China and is likely to enhance Armacell’s prospects in the highly lucrative Asia Pacific market over the forecast period and beyond.

Segmentation:

The Global Elastomeric Foam Market has been segmented by Type, Application and Region.

On the Basis of Type, the market has been segmented into natural rubber and synthetic rubber, which includes nitrile butadiene rubber, ethylene propylene diene monomer (EPDM), chloroprene, and others. Nitrile butadiene rubber held the dominant share in the Global Elastomeric Foam Market in 2017 and is likely to remain the leading product segment of the market over the forecast period due to its widespread use in HVAC equipment and automotive design.

Based on End-Use Industry, the Elastomeric Foam Market has been segmented into HVAC, automotive, electrical and electronics, and others. The HVAC industry accounted for the largest share of 45% in the Global Elastomeric Foam Market in 2017 and is likely to remain the dominant end user of Elastomeric Foam products over the forecast period due to the growing demand for HVAC equipment in residential as well as commercial establishments in developing countries.

Regional Analysis:

Asia Pacific holds the major share in the Global Elastomeric Foam Market and is likely to remain the leading revenue generator over the forecast period due to the growing scope of the automotive and construction industries in the region, which has driven the need for Elastomeric Foam in insulation as well as HVAC applications. The growing disposable income of consumers in urban centers in Asia Pacific is likely to result in a growing demand for residential HVAC units, which is likely to drive the demand from the Elastomeric Foam Market in Asia Pacific over the forecast period.

Get Complete Report @ https://www.marketresearchfuture.com/reports/elastomeric-foam-market-6374

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Abhishek Savant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/elastomeric-foam-market-6374

Source URL: https://marketersmedia.com/elastomeric-foam-market-size-estimation-global-industry-share-focus-on-company-profile-top-manufactures-analysis-and-opportunity-assessment-2023/506076

Source: MarketersMedia

Release ID: 506076

More News From Technology - In The Headline

Trump: Administration to review Pentagon computer contract

Jul 21, 2019

WASHINGTON — President Donald Trump says the administration will "take a very long look" at a massive multibillion-dollar contract the Pentagon is about to award for a cloud computing system. Amazon Web Services Inc., a division of Amazon, and Microsoft Corp. are finalists for the contract estimated to be worth as much as $10 billion over a decade. Trump says Thursday at the White House that he's been hearing "tremendous complaints" from other companies that the contract was not competitively bid, among other issues. Some Republican lawmakers also took their concerns about the Pentagon's handling of the contract directly to...

AP Exclusive: New election systems use vulnerable software

Jul 21, 2019

WASHINGTON — Pennsylvania's message was clear: The state was taking a big step to keep its elections from being hacked in 2020. Last April, its top election official told counties they had to update their systems. So far, nearly 60% have taken action, with $14.15 million of mostly federal funds helping counties buy brand-new electoral systems. But there's a problem: Many of these new systems still run on old software that will soon be outdated and more vulnerable to hackers. An Associated Press analysis has found that like many counties in Pennsylvania, the vast majority of 10,000 election jurisdictions nationwide...

VW, Ford team up to make autonomous, electric vehicles

Jul 21, 2019

NEW YORK — Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as the automakers who were once rivals deepen their partnership to develop driverless and electric vehicles in an ultra-competitive landscape. The two automakers will become equal owners of Argo AI, and they plan to put autonomous vehicles on the roads in the U.S. and Europe as early as 2021, the companies said Friday. The deal also includes a plan for Ford to use VW's electric vehicle platform to build zero-emissions cars for the European market starting in 2023. Auto companies have...

The moon landing was a giant leap for movies, too

Jul 21, 2019

NEW YORK — In 1964, Stanley Kubrick, on the recommendation of the science-fiction author Arthur C. Clarke, bought a telescope. "He got this Questar and he attached one of his cameras to it," remembers Katharina Kubrick, the filmmaker's stepdaughter. "On a night where there was a lunar eclipse, he dragged us all out onto the balcony and we were able to see the moon like a big rubber ball. I don't think I've seen it as clearly since. He loved that thing. He looked at it all the time." Space exploration was then an exciting possibility, but one far from...

The Latest: Experts like what they see in Ford, VW tie-up

Jul 21, 2019

NEW YORK — The Latest on Ford's alliance with Volkswagen (all times local): 9:25 a.m. Auto industry watchers say Ford and Volkswagen have the right idea with their new partnership to develop autonomous and electronic vehicle technology. The companies on Friday announced Friday that Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford. Jessica Caldwell, executive director industry insights for the Edmunds.com auto pricing site, says the deal should help both companies and is an example of what's needed in the business to share enormous capital costs. She says both automakers are facing...

Sign up now!

About Us

In The Headline sought to bring professionalism back into journalism, bringing you only the most exclusive and the most impactive news from all over the globe.

Contact us: sales[at]intheheadline.com