San Francisco, California, May 24, 2017 : The global flexible foam market is prophesied to witness a booming advancement in its growth due to the availability of a gamut of potential applications and attractive features such as versatility and superior quality. Authoring a comprehensive market intelligence report on the global flexible foam market, TMR Research prognosticates a high demand on account of the uniqueness of the material and extensive usage in a variety of industries. The report is titled, “Flexible Foam Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”
Some of the popular applications that could be available for players to cash in on in the world flexible foam market are bedding, furniture, packaging, and transportation. Types such as polyethylene (PE) foam, polyurethane (PU) foam, and polypropylene (PP) foam are expected to make their individual contribution to the world flexible foam market. In the coming years, the usage of flexible foam is predicted to increase excessively in the automotive and packaging sectors. Automotive manufacturers could engage flexible foam for curbing the weight of vehicles. However, in the packaging sector, flexible foam is not only utilized to reduce the weight of packaging materials but also leverage its shock absorption and cushioning properties for offering the required safety to the products packed.
The analysts envisage flexible PU foam to attract a lot of attention from end users due to its non-reactive property on the part of high temperatures and certain chemicals. Moreover, PU foam is environment friendly, which facilitates the production of recyclable and reusable products. Its flexibility and structure are other factors that could be responsible for its heavy usage. Commercially, integral skin, molded, and slabstock PU foams are available in the international flexible foam market.
Apart from weight reduction, automobile manufacturers could employ flexible foam in combination with metals for the purpose of reducing the dampening of vehicles, minimizing vibration, and increasing shock absorption. Other transportation industries such as railway and aerospace are envisioned to strengthen the growth of the international flexible foam market by drawing a decent demand.
Of all the other regions deemed important for the worldwide flexible foam market, Asia Pacific could record a robust growth in respect of both value and volume. Several countries in Southeast Asia and South Korea, China, and India are foretold to witness the establishment of an increasing count of production bases of various industries. With a view to secure a larger share in Asia Pacific, competitors could look to offer high-quality and technologically-advanced products to consumers in India and China.
The report foresees Ube Industries, Ltd., Rogers Corporation, Huntsman Corporation, Bayer Material Science, and BASF SE as key players in the worldwide flexible foam market.