Global Polyolefin Foam Market Overview:
Polyolefin Foam is a Lightweight & Flexible Foam that offers characteristics such as Thermal Insulation, Impact Resistance, Thermal Resistance, & Flame Resistance. It has Various Applications, due to its Relatively Low Cost, & Wide Range of Properties like Good Balance of Toughness, Flexibility & Resistance to Chemicals & Abrasion. They are Easier to Cut, Punch & Press Molds, in Comparison with Other Materials
Growth Drivers
- Growth in the Construction of Energy Efficient Buildings Owing to Rapid Increase in the Population Coupled with the Rise in the Disposable Income
- Rise in Automotive Sector using Polyolefin Foam for Applications such as Cushioning Material for Head Liners, Trunk Mats, & Door Trim
Roadblocks
- Presence of other Types of Insulating Foams like Polyurethane Foams, Phenolic Foams & Glass Fibre Foams
Opportunities
- There Are Rising Prospects for Utilising the Applications of Polyolefin Foam for Growing Commercial & Household Air Conditioning Industry owing to its Characteristics like Low Water Vapour Permeance, Low Water Absorption, & Low Thermal Conductivity
- There is an Increased Opportunity for the Usage of Polyolefin Foam in Industries like Aviation & Railways owing to the Characteristics of the Polyolefin Foams like High Chemical Resistance, Durability, & Mechanical Strength
Challenges
- The Problems Associated with the Disposal & Waste Treatment for Polyolefin Foam may pose a Challenge
Competitive Landscape:
The Market for the Polyolefin Foam is Fragmented with the Presence of many Global as well as Regional Players. Leading Players can Adopt Strategies like a Merger, Acquisition, Expansion, New Product Launches, in Order to Gain Share Within the Market. Owing to Booming Industrialization, there are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are Sekisui Chemical Co., Ltd (Japan), Toray Industries, Inc. (Japan), Asahi Kasei Corporation (Japan), Dow (United States), Zotefoams Plc (United Kingdom), Chiyoda Rubber Co Ltd (Japan), Trocellen Gmbh (Germany), Armacell International Holding Gmbh (Germany), Zhuhai Newcean Technology Co. Ltd (China), Sekisui Voltek, Llc (Germany), Polytag (Italy), TC Shielding Ltd (United Kingdom) and LSP Products Group (United States). Considering Market by Thickness, the sub-segment i.e. More Than 3 Inches will boost the Polyolefin Foam market. Considering Market by Shape, the sub-segment i.e. Square will boost the Polyolefin Foam market. Considering Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Polyolefin Foam market.
In February 2019, Walton, Zotefoams, a Leading Manufacturer of Closed-Cell Cross-Linked Polyolefin Block Foams, Announced its Project to Double the Capacity for its Azote® Polyolefin Foams Range in the United States, with the Commissioning of a Second Vessel
What Can be Explored with the Polyolefin Foam Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Polyolefin Foam Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Polyolefin Foam
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Polyolefin Foam market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Polyolefin Foam market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Polyolefin Foam, Distributors/Traders, Importers/Exporters, Investors, Regulatory & Government Bodies, Downstream Vendors, Upstream Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.