Global Structural Foam Market to Witness 6% Growth Rate to 2020
(PRWEB) July 30, 2015 -- The structural foams market is projected to reach $31.9 Billion by 2020 at a CAGR of 6% from 2015 to 2020. Structural foams are defined as thermoplastic products, which have a foamed cellular core with a solid skin surrounding the core. It is generally developed through a form of injection molding, by using molten plastic/polymer mixed with a chemical blowing agent or inert gas. Other processes such as reaction injection molding (RIM), high pressure expansion, and co-injection are also used for manufacturing structural foam. Structural foam is used for various applications, as it possesses characteristics such as high mechanical strength, chemical resistance, thermal insulating property, and high strength-to-weight ratio. The complete report is available at http://www.reportsnreports.com/reports/405898-structural-foam-market-by-material-polyethylene-polypropylene-polystyrene-polyurethane-others-by-application-material-handling-building-construction-automotive-electrical-electronics-others-and-by-region-trends-and-forecasts-to-2020.html .
The highest consumption of structural foam can be seen in North America and it is expected to continue till 2020. An increase in the consumption of structural foam has been observed in the Asia-Pacific region, due to rapid industrialization and subsequent growth of the building and construction sector. Polyethylene is the major thermoplastic material used for the production of structural foam. Polyethylene structural foam is the most preferred structural foam due to its affordable price and other unique properties. Another major application of structural foam using polyethylene resin is manufacturing of containers and pallets, used in material handling and internal panels in automobiles.
The companies profiled in structural foam market report are Evonik Industries, Sabic, GI Plastek, Mitsubishi Engineering-Plastics Corporation, Changzhou Tiansheng New Materials Co. Ltd., Oneplastics Group, Season Group International Co. Ltd., Armacell International S.A., BASF SE, The DOW Chemical Company, Bayer Material Science, Diab Group, and Gurit Holding AG. Order a copy of this latest research report at http://www.reportsnreports.com/purchase.aspx?name=405898 .
Key highlights of “Structural Foam Market by Material (Polyethylene, Polypropylene, Polystyrene, Polyurethane & Others), by Application (Material Handling, Building & Construction, Automotive, Electrical & Electronics, & Others) and by Region - Trends and Forecasts to 2020” Report are as below:
• Market Size Estimation
• Market Share Estimation
• Attractive Market Opportunities in the Structural Foam Market
• Lifecycle Analysis
• Market Segmentation
• Market Dynamics
• Supply Chain Analysis
• Porter’s Five Forces Analysis
• Competitive Situations & Trends
• New Product Launches/Developments
• Mergers & Acquisitions
• Joint Ventures
• Expansions
• Partnerships
• Agreements
• Key Companies Profile
Inquire for discount on ‘Structural Foam Market’ research report @ http://www.reportsnreports.com/contacts/Discount.aspx?name=405898 . (Priced at US$ 4650 for single user PDF license).
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