NEW YORK, Sept. 2, 2021 /PRNewswire/ --
The flexible foam market is set to grow by $ 11.49 bn, progressing at a CAGR of over 5.28% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offers an up-to-date analysis for the current global market scenario & the overall market environment
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BASF SE, Covestro AG, Dow Inc., Huntsman Corp., JSP Corp., Recticel NV, Rogers Corp., Sekisui Chemical Co. Ltd., Ube Industries Ltd., and Zotefoams Plc are some of the major market participants. Although the growth in the bedding and furniture industry driven by expanding population, and the increased demand from the construction industry in emerging economies will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Flexible Foam Market 2021-2025: Segmentation
Flexible Foam Market is segmented as below:
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Flexible Foam Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the flexible foam market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include BASF SE, Covestro AG, Dow Inc., Huntsman Corp., JSP Corp., Recticel NV, Rogers Corp., Sekisui Chemical Co. Ltd., Ube Industries Ltd., and Zotefoams Plc.
The report also covers the following areas:
Market trends such as the high demand from emerging economies is likely to emerge as one of the primary drivers of the market. However, factors such as lack of awareness of eco-friendly products may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the flexible foam market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Flexible Foam Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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