San Francisco, California, August 31, 2018: “Flexible Foam Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” is the title of a recent report added to TMR Research’s vast repository. Flexible foam, as the name suggests, is highly flexible and has enhanced mechanical and physical properties. Those help it provide better heat and sound insulation. Such USPs have served to stoke the global flexible foam market.
Because of their ability to absorb energy, flexible foams are increasingly supplanting polymers in packaging and cushioning. The flexible foams can be molded into any shape and form such as boards, blocks, slabs, and others. All these advantages are driving sales in the global flexible foam market too.
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End use sectors pushing up demand in the global flexible foam market are automotive, construction, and furniture. This is because of their impressive strength to weight ratio, lighter weight, and enhanced thermal and insulating properties. One headwind, nevertheless, the global flexible foam market has to contend with is the surging cost of different types of polymers used to manufacture flexible foams. Notwithstanding such setbacks, the market is set to grow because of the increasing disposable incomes of people and growing urbanization.
The global flexible foam market can be segmented on the basis of type into polyurethane (PU) foam, polypropylene (PP) foam, and polyethylene (PE) foam, among others. The products find application across a range of industries, namely packaging, transportation, bedding, furniture and others.
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Geographically, Asia Pacific is the fastest growing flexible foam market because of the surging automobile sales and manufacture in the nations of South Korea, India, and China.
Some of the key players in the global flexible foam market that have been profiled in the report are Bayer Material Science, ASF SE, Huntsman Corporation, Ube Industries, Rogers Corporation, Ltd, Recticel, and Zotefoams Plc.