Report overview
The global Flexible Elastomeric Foam market was valued at 1688.76 Million USD in 2021 and will grow with a CAGR of 2.93% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Flexible elastomeric foam insulation for mechanical systems including: plumbing, refrigeration, HVAC and solar applications. Elastomeric foam insulation was developed in the 1950s. The introduction of this and other polymer-based materials marked an important industry transition from the use of natural materials, such as cork, to the use of synthetic materials and chemicals. The popularity of elastomeric insulation grew quickly, primarily because it eliminated the need for any type of vapor barrier to prevent the transference of moisture.Currently, Armacell, K-FLEX, NMC, Zotefoams and Aeroflex USA are major manufacturers of this industry. Armacell is a global leader. In 2018, the sales of Armacell was 162.9 k tons, and the company held a share of 41%. In most segment market, Armacell and K-FLEX have an absolute market share due to production sites located around the world. At the same time, large manufacturers continue to acquire small businesses to capture more market share.
By Market Verdors:
Armacell
K-FLEX
Aeroflex USA
NMC
Zotefoams
Kaimann
Durkee
Huamei
Union Foam
Thermaflex
By Types:
NBR Based Elastomeric Foam
EPDM Based Elastomeric Foam
Chloroprene Based Elastomeric Foam
By Applications:
HVAC
Plumbing
Refrigeration
Automotive
Oil & Gas
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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