The Polyethylene (PE) Foams Market Size was valued at USD 3.39 billion in 2022, and expected to reach USD 5.45 billion by 2030, and grow at a CAGR of 6.1 % over the forecast period 2023-2030.
By encasing pockets of gas in a liquid or solid, foam is a material or substance that is created. Hydrocarbons or halocarbons are combined with air, water, or gas to create foam. Polyethylene (PE) foam is a form of foam that is created by combining hot, liquid polyethylene (PE) foam with carbon dioxide.
-Foams-Market.png)
Get more information on Polyethylene (PE) Foams Market - Request Sample Report
The Polyethylene (PE) foam has excellent, robust properties because to the combination of gas and polyethylene. High Performance Polyethylene (HPPE) foam is simple to work with and create in comparison. Due to its strong load bearing capabilities, polyethylene (PE) foam is a preferred commodity for packaging in a variety of industries. It is expected that the polyethylene (PE) foam market would grow and register a high CAGR over the forecast period due to the expansion of industries and rise in global commerce.
Drivers:
Major End-Use Application Segments are Growing
Demand is high in APAC
Restraints:
Raw material price volatility
Opportunity:
Co2-Based Polyols are in Increasing Demand
Challenge:
Government regulations that are strict
Demand for Bio-Based Polyols is Growing
The financial and industrial sectors of travel and tourism, manufacturing, and aviation have all seen substantial economic effects from COVID-19. The World Bank and IMF predict that the worst economic downturn will occur in 2020–2021. Economic activity is waning as more nations impose and prolong lockdowns, which has an effect on the world economy.
The interconnectedness of the world economy has increased significantly in recent years. Disruptions in the global supply chain, a decline in demand for imported goods and services, and a rise in the unemployment rate are all indications of the unfavourable effects of the different actions taken to contain COVID-19. With historically low interest rates and severe drops in the prices of commodities and equities, risk aversion has intensified in the financial sector. The level of corporate and consumer confidence has also drastically declined.
By Type:
Non- XLPE
XLPE
By Density
LDPE Foam
HDPE Foam
By End-use Industry:
Automotive
Building & Construction
Footwear, Sports & Recreational
Medical
Others (aviation & aerospace, marine, refrigeration, and electrical & electronics)
-Foams-Market(1).png)
Get Customized Report as per your Business Requirement - Request For Customized Report
The market for polyethylene (PE) foams is divided into seven major geographic regions, including North America, Latin America, Western Europe, Eastern Europe, and Asia-Pacific, with the exception of Japan, Japan, and the Middle East and Africa.
Due to its relatively large value share in the global market, APEJ, among the aforementioned regions, accounts for a sizeable portion of the polyethylene (PE) foams market. The increased penetration of numerous industries, including FMCG, electronics component, automotive, auxiliary, etc., is the cause of the high demand for polyethylene (PE) foams in APEJ.
Due to the region's rapid industrial development, which creates a strong demand for polyethylene (PE) foam products, APEJ is followed in the worldwide polyethylene (PE) foam market by North America. Due to the region's strong world-class manufacturing and service sectors, Western Europe holds a sizeable volume share of the worldwide polyethylene (PE) foams market.
Over the course of the projection period, the polyethylene (PE) foams market in Eastern Europe and Japan will also contribute significantly in terms of value. Due to the expansion of sectors like logistics and online retailing, developing economies in the Middle East, Africa, and Latin America have been showing some acceptable possibility in the worldwide polyethylene (PE) foams market. The market for polyethylene (PE) foams will have favourable growth overall over the projected period.
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Wisconsin Foam Products, Inoac Corporation, Trecolan GmbH, JSP, Armacell, PAR Group, The DOW Chemical Company, Sealed Air Corporation, Thermotec, Zotefoams PLC.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 3.39 Billion |
| Market Size by 2030 | US$ 5.45 Billion |
| CAGR | CAGR of 6.1% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Non- XLPE, XLPE) • By Density (LDPE Foam, HDPE Foam) • By End-use Industry (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, Medical, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Wisconsin Foam Products, Inoac Corporation, Trecolan GmbH, JSP, Armacell, PAR Group, The DOW Chemical Company, Sealed Air Corporation, Thermotec, Zotefoams PLC |
| DRIVERS | • Major End-Use Application Segments are Growing • Demand is high in APAC |
| Restraints | • Raw material price volatility |
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: LDPE Foam and HDPE Foam are the sub-segments of by density segment
Ans: The interconnectedness of the world economy has increased significantly in recent years. Disruptions in the global supply chain, a decline in demand for imported goods and services, and a rise in the unemployment rate are all indications of the unfavourable effects of the different actions taken to contain COVID-19. With historically low interest rates and severe drops in the prices of commodities and equities, risk aversion has intensified in the financial sector. The level of corporate and consumer confidence has also drastically declined.
Ans: Major End-Use Application Segments are Growing and Demand is high in APAC are the drivers for Polyethylene (PE) Foams Market.
Ans: Polyethylene (PE) Foams Market Size was valued at USD 3.2 billion in 2021, and expected to reach USD 4.9 billion by 2028, and grow at a CAGR of 6.1 % over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Polyethylene (PE) Foams Market Segment, By Type
8.1 Non- XLPE
8.2 XLPE
9.Polyethylene (PE) Foams Market Segment, By Density
9.1 LDPE Foam
9.2 HDPE Foam
10.Polyethylene (PE) Foams Market Segment, By End-user Industry
10.1 Protective Packaging
10.2 Automotive
10.3 Building & Construction
10.4 Footwear, Sports & Recreational
10.5 Medical
10.5 Others (aviation & aerospace, marine, refrigeration, and electrical & electronics)
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profile
12.1 Wisconsin Foam Products
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Inoac Corporation
12.3 Trecolan GmbH
12.4 JSP
12.5 Armacell
12.6 PAR Group
12.7 The DOW Chemical Company
12.8 Sealed Air Corporation
12.9 Thermotec
12.10 Zotefoams PLC
13.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Geofoam Market Size was valued at USD 764.9 million in 2023 and is expected to reach USD 1466.60 million by 2032 and grow at a CAGR of 7.50% over the forecast period 2024-2032.
The Waterborne Coatings Market Size was USD 72.3 billion in 2023 and will reach to USD 119.6 billion by 2032 and grow at a CAGR of 5.1% by 2024-2032.
The Carbon Fiber Market Size was valued at USD 6.91 billion in 2023 and is expected to reach USD 13.93 billion by 2032 and grow at a CAGR of 8.10% over the forecast period 2024-2032.
The Conductive Polymers Market Size was valued at USD 5.92 Billion in 2023 and is expected to reach USD 11.88 Billion by 2032 and grow at a CAGR of 8.07% over the forecast period 2024-2032.
The Liquid Ring Compressors Market Size was USD 1.22 Billion in 2023 and will reach to USD 1.97 Billion by 2032 and grow at a CAGR of 5.6% by 2024-2032.
The Renewable Chemicals Market size was USD 117.95 billion in 2022 and is expected to Reach USD 277.75 Billion by 2030 and grow at a CAGR of 11.3 % over the forecast period of 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
