Market Synopsis:
Polymers are manufactured by incorporating gas into a solid phase resulting into smooth, fluid like material. The final product has polymer matrix with air tunnels acting like a porous structure. In the recent years, polymer foams resume to grow at rapid pace owing to their light weight, strength to weight ratio, excellent thermal and acoustic insulation capabilities, nullifying the impulsive impacts by absorbing energy, and cushioning features. These features have wide applications in the construction and transportation industry.

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Regional Insight:
The Global Polymer Foam Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow with the highest CAGR during the review period, 2017 to 2023 on account of expanding construction industry. The demand for Polymer Foam is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to high adoption rate by the crude oil producers. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to reduce the raw material demand gap for Polymer Foams and propel the growth of the market.

Market Categorization:
The Global Polymer Foam Market is categorized on the basis of type, product type, end user industry, and region. On the basis of type, the market is bifurcated into flexible and rigid. On the basis of product type, the market is segmented into polyurethane (PU), polystyrene (PS), polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC) and others. On the basis of end user industry, the polymer foam market is categorized into construction, transportation, furniture, packaging, textiles, and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Top Global Players:
Some of the prominent players operating in the Global Polymer Foam Market are, The Dow Chemical Company (U.S.), Recticel NV (Belgium), Rogers Corporation (U.S.), BASF SE (Germany), TORAY INDUSTRIES, INC. (Japan), Arkema S.A. (France), Total S.A. (U.S.), SABIC (Saudi Arabia), Synthos S.A. (Poland), and Zotefoams plc (U.K) among others.

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