The Foam Plastics Revolution: Understanding the Market and Its Impact

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High demand for foam plastics in packaging applications is a significant factor driving global foam plastics market revenue growth

Emergen Research’s latest document, titled ‘Global Foam Plastics Market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Foam Plastics Market. The report’s authors have offered necessary details on the latest Foam Plastics Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Foam Plastics Market industry entails useful insights into the estimated Foam Plastics Market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future.

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The global foam plastics market size is expected to reach USD 73.88 billion at a revenue CAGR of 4.5% in 2028. Steady market revenue growth can be attributed to high demand in packaging applications as the material enables high level of safety and damage avoidance during transportation along the supply chains. Other major advantages of foam plastic applications in packaging is cost-effectiveness and easy availability. Also, foam plastics can be molded into a wide variety of shapes, and is thus used in specific applications demanding custom packaging. Also, usage of polyethylene foam in electronics goods packaging ensures superior cushioning, as well as good insulation during transportation.

The report studies the impact of the COVID-19 pandemic on the Foam Plastics market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

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Segments Covered in this report are:

  • Product Type Outlook (Revenue, USD Billion; 2018–2028)

  • 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

Competitive Outlook:

The global Foam Plastics market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Foam Plastics market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Key Companies Profiled 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

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The report aims to provide a complete analysis of the global Foam Plastics market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Foam Plastics market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Highlights of Table of Contents (TOC):

Overview of Global Foam Plastics Market

Competitive analysis of the Foam Plastics market

Regional analysis of Global Foam Plastics market production and revenue

Regional analysis of Global Foam Plastics market supply, consumption, and export import

Type-based market analysis of global Foam Plastics production, revenue, and price trends

Application-based analysis of the global Foam Plastics market

Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Foam Plastics market

Global Foam Plastics market forecast (2021-2028)

Conclusion of the research report

Appendix

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