The Global Flexible Foam Market is forecast to grow by $15.06 bn during 2022-2027, accelerating at a CAGR of 6.2% during the forecast period
NEW YORK, Feb. 21, 2023 /PRNewswire/ -- Global Flexible Foam Market 2023-2027
The analyst has been monitoring the flexible foam market and is forecast to grow by $15.06 bn during 2022-2027, accelerating at a CAGR of 6.2% during the forecast period. Our report on the flexible foam market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Read the full report: https://www.reportlinker.com/p04838990/?utm_source=PRN
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in bedding and furniture industry driven by expanding population, high demand from emerging economies, and increased demand from construction industry in emerging economies.
The flexible foam market is segmented as below:
By Application
- Furnishings
- Transportation
- Packaging
- Others
By Type
- Polyurethane flexible foams
- Polyethylene flexible foams
- Polypropylene flexible foams
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the expansions of production capacity by vendors as one of the prime reasons driving the flexible foam market growth during the next few years. Also, augmented investment in R&D and growing focus on the production of bio-based flexible foams will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the flexible foam market covers the following areas:
- Flexible foam market sizing
- Flexible foam market forecast
- Flexible foam market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flexible foam market vendors that include American Excelsior Inc., BASF SE, Covestro AG, Dow Inc., FXI, Greiner AG, Huntsman Corp., INOAC Corp., Kaneka Corp., Mitsubishi Gas Chemical Co. Inc., ORSA foam Spa, Recticel NV, Rogers Corp., Sekisui Chemical Co. Ltd., Sheela Foam Ltd., Technomak, Ube Corp., Wisconsin Foam Products, Woodbridge Foam Corp., and Zotefoams Plc. Also, the flexible foam market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report: https://www.reportlinker.com/p04838990/?utm_source=PRN
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