The report emphasizes the demands and ongoing trends of the global Foam Plastics market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers acquisitions, joint ventures, partnerships collaborations, new product launches, and brand promotions.
It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report studies the Foam Plastics market according to the impact of the pandemic and offers a present and future impact assessment.
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The report also studies the key companies of the Foam Plastics market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
SABIC, Alchemie Ltd., BASF SE, Hexion Inc., Lanxess AG, Covestro AG, LyondellBasell Industries Holdings BV, Huntsman International LLC, LG Chem Ltd., and Tosoh Corporation.
Foam Plastics Market Segmentation
Emergen Research has segmented the global foam plastics market on the basis of product type, distribution channel, application, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Polystyrene
Polyethylene
Polyurethane
Phenolic
Polyolefin
Silicone
Polyvinyl Chloride
Others
Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
Direct
Indirect
Application Outlook (Revenue, USD Billion; 2018–2028)
Packaging
Building Construction
Automotive
Sports
Footwear
Aerospace
Others
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Some Key Highlights from the Report
In July 2019, Huntington Solution announced acquisition of Texas Foam to increase its production of temperature-sensitive packaging materials for goods sold via e-Commerce channels.
By product type, polystyrene segment accounted for significantly large revenue share in 2020. Polystyrene-based foam plastic material is widely used in packaging and insulation. The material can be used as per requirement of specific applications, owing to its versatile strength. It also has high compressive strength and hence is widely used in heavy load bearing applications. In addition, lower compressive strength materials are extensively used in void forming applications.
By application, building construction segment accounted for significantly larger revenue share than other application segments in 2020. Foam plastics find extensive use in the building construction sector for soundproofing and heat insulation, among others. Also, these materials are used as dilatation tapes and placed at vertical obstacles such as walls to provide complete flooring insulation. Foam plastics are appropriate for filling gaps, provide roof flashing, eave sealing, and acts as a barrier against water and oil. In addition, these materials are used in expansion joints and offer noise control solutions for floor joists.
Key points covered in the report:
A detailed outlook of the market with essential data beneficial for business
Market segmentation based on product types, applications, and end-users. For further understanding, the key segments are further divided into sub-segments
Growth factors, driving and restraining factors, product trends, and technological advancements are extensively discussed
Latest product developments, incorporation of new techniques and profiles of major competitors
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Regional Segmentation:
Based on the geographical spread, the Foam Plastics industry is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis of the Foam Plastics market provides an insight into the regions expected to hold the largest share in the market. Additionally, the report provides valuable data about distribution, production, consumption patterns, export/import, and demand and supply ratio.
In conclusion, the report provides a qualitative and quantitative analysis of the Global Heavy EVs and Industrial Equipment Charging market, including the global and regional analysis of the market. The study covers critical information and factual data about the Heavy EVs and Industrial Equipment Charging market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Heavy EVs and Industrial Equipment Charging market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Heavy EVs and Industrial Equipment Charging market industry.
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