Global Automotive Foam market is valued approximately at USD 37.13 Billion in 2018 and is anticipated to grow with a growth rate of more than 9.97% over the forecast period 2019-2026. Automotive foam is made up of solid and gas phase mixture to form a plastic foam. The automotive foams are available in different form types that is based on raw material used, olefins, polystyrene and polyurethane etc. and are produced by the use of crude oil as feedstock.
The growth in automotive industry in emerging nations such as China and India propel the growth of market over the forecast years. Also, the versatile and unique physical properties of automotive foam and increasing use of automotive foam in end use industries accelerate the growth of market over the forecast years. Automotive foam is cost effective, weight reduction and low density in nature. Automotive foam offers low heat transfer and optimal insulator properties and provide extra comfort, flexibility to the passenger and softness anticipate to the growth of market over the forecast years.
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw304
Automotive foam has productive application in automotive industry and rise in growth of automotive industry propel the growth of market. For instance: According to the International Organization of Motor Vehicle Manufacturer, the global car production in 2017 was 97.2 million that is an increase of approx. 2.2 million from 2016 that is 95 million. Hence, rising growth in automotive industry across the globe and efficient application of automotive foam in automotive industry fuels the growth of market over the forecast years. Whereas, renewable feedstock for manufacturing green PU Foams is an opportunity for the growth of market. However, lack of proper disposable & recycling technique is a challenging factor that combat the growth of market over the upcoming years.
The regional analysis of global Automotive Foam market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is accounts for largest share in the global automotive foam market due to the rise in application of automotive foam in the end use industries such as passenger and commercial vehicle. Similarly, rise in production of automobile is the factor accelerating the growth of global automotive foam market from between 2018-2026.
Market player included in this report are:
Armacell
BASF SE
Johnson Controls
Woodbridge Foam Corporation
The DOW Chemical Company
Lear Corporation
Bridgestone Corporation
Recticel
Vitafoam
Saint-Gobain
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Download Free Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw304
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Interior application
Exterior application
By Type:
Polyurethane (PU)Foam
Polyolefin (PO)Foam
Other Foam
By End-user Industry:
Passenger cars
Heavy commercial vehicles (HCVs)
Light commercial vehicles (LCVs)
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Request Full Report – https://reportocean.com/industry-verticals/sample-request?report_id=bw304
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1 888 212 3539 (US – TOLL FREE)
Website: https://reportocean.com