Global Polymeric Foams Market to Reach 20.5 Million Metric Tons by 2010, According to a New Report by Global Industry Analysts, Inc.

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High-density cellular plastics are widely used in furniture, transportation, and building products while low-density foams find use in shock absorption, insulation, and rigid packaging. The foam industry is expected to witness steady growth since cellular materials offer unique advantages over traditional materials. The global polymeric foams market is projected to reach 20.5 million metric tons by 2010, at a compounded annual growth rate of more than 3.5% during the 2000-2010 period.

Polymeric Foams: A Global Strategic Business Report

Asia-Pacific, the largest and the fastest growing polymeric foams market is projected to cross 6.5 million metric tons by 2010, at a CAGR of more than 4% over the 2000-2010 period. China, with an annual growth of about 7% in demand for polystyrene foam, accounts for around 20% of the worldwide polystyrene consumption. China is also a major regional consumer of polystyrene foam. In the construction industry, foam plastics hold immense potential for enhancing consumer properties and improving the efficacies of production techniques.

Polyurethane foams market, with an estimated share of about 55% for 2007, constitutes the largest product segment in the global polymeric foams market. The segment is also expected to register the fastest CAGR of about 4% over the period 2000-2010. Demand for polyolefin foams is driven primarily by increasing use of cross-linked polyethylene in emerging applications such as sports and leisure goods. Flexible foams are used primarily for cushioning while rigid foams find widespread use in thermal insulation.

New and fast growing markets for polymer foams are emerging such as foamed PVC for windows/doors, house siding and construction shapes. Polymers are foamed for performance and cost advantages. Foamed plastics are less heavy than non-foamed items generated from the same resin and hence require less resin. Public perception and environmental issues have mainly driven these markets and have brought about many changes. Environmental issues include recycling and solid waste disposal, an ongoing political and public issue since the 1990s, issues regarding consumer safety, varying from flammability and fire resistance to apprehension regarding the application of plastics

The report titled "Polymeric Foams: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a review of market scenario, product overview, product introductions/innovations, and recent industry activity. The study also analyzes market data and analytics in volume sales for regions such as United States, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World by the following product segments - Polyolefin Foams, Polystyrene Foams, Polyurethane Foams, PVC Foams, and Other Polymeric Foams.

Key players dominating the global polymeric foams market include American Excelsior Company, Armacell LLC, Bubble and Foam Industries N.V., BASF Plastics, Bayer MaterialScience Polyurethanes, British Vita, Carpenter Co., Celotex Limited, Fagerdala World Foams AB, Foamex International, Huntsman Corporation, Inspec Foams, Recticel, Rogers Corporation, Sealed Air Corporation, Sekisui Alveo AG, Tegrant Corporation, Tekni-Plex, The Dow Chemical Company, and The Woodbridge Group.

For more details about this research report, please visit http://www.strategyr.com/Polymeric_Foams_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press@StrategyR.com
Web Site http://www.StrategyR.com

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