Market Size

The global polyolefin foam market size was valued at USD 8.1 billion in 2020 and is estimated to reach a value of USD xx billion in 2027. The Polyolefin Foam market analysis shows that it will grow with a CAGR of 5.2% over the forecast period of 2021 to 2027.

Market Driver

The polyolefin foam market is expected to grow in APAC due to rising demand from the automotive and packaging industries. Polyolefin foam is used for flooring and insulation in the aerospace, packaging, and infrastructure industries. Several of them are subjected to changes in the atmosphere or include the use of harsh materials. As a consequence, the structure of the machinery deteriorates or the productivity of the procedure decreases, causing the factory to shut down or the total operations to halt. To meet appropriate requirements, additives and modifiers may be added to polyethylene foam to improve its properties. They're tough and can withstand moisture, abrasion, water, acid, alkali, and seawater.

COVID-19 Impact

The epidemic of COVID-19 has caused a halt in the processing of raw materials used in the production of polyolefin foam. Asia's polyolefin foam production centers, including India, China, Japan, Singapore, and Thailand, are major suppliers of these raw materials. Additionally, the novel coronavirus epidemic in APAC has disrupted the availability of these raw materials. The demand of polyolefin foam products has been limited due to a shortage of raw materials. Both private structures and construction sites, government constructions, and refinish car industries will be severely impacted in April 2020.

Regional Outlook

APAC has established itself as a major manufacturer and user of polyolefin foam. Because of the low cost of labor and the cheap supply of soil, APAC is a hotbed of foreign investment and booming manufacturing sectors. The rising packaging, manufacturing, and automotive industries are all contributing to increased demand for polyolefin foam. APAC's rising automobile industry is expected to fuel demand for polyolefin foam. The coronavirus first appeared in China in early January 2020. The spread of the virus to other Asian countries such as Japan, South Korea, and Thailand culminated in a pandemic of many positive cases and deaths in a short span of time.

Segment Outlook

On the basis of resin type, the market segmentation is  Polyethylene, Polypropylene, Ethylene-Vinyl Acetate, and Others. The Polyethylene resin segment is estimated to be the largest segment over the forecast period.  Based on end-use, the market is segmented into Protective Packaging, Automotive, Building & Construction, Footwear, and Others. The Protective Packaging application segment is estimated to be the largest segment over the forecast period.

Regional Outlook

The Polyolefin Foam market research report provides an in-depth analysis of the industry, incorporating quantitative and qualitative data. It includes historical, present, and forecast data of the global market for polyolefin foam by segment. Furthermore, it provides market size and forecast estimates for five regions, namely Asia Pacific, North America, Europe, Central & South America, Middle East, and Africa from 2015 to 2027. The market for Polyolefin Foam is segmented by region and then by country and segment. Asia Pacific was accounted for largest market share in global polyolefin foam market in 2020. The key countries in this market include U.S., Italy, Germany, France, China, India, and Japan. The report analyzes supply and demand-side factors affecting Polyolefin Foam market and then evaluates market dynamics affecting the market in coming years. Qualitative insight available in this report are opportunities, drivers, restraints, and future trends.

Company Profile Outlook

Key companies profiled in this market are BASF SE, Hanwha Total, JSP Corporation, Kaneka Corporation, Sealed Air, Zotefoams Plc, Furukawa Electric Co., Ltd, Ds Smith Plc, Sonoco Products Company, Recticel NV. However, we have also considered other companies for detailed primary interviews.

Research Methodology

Polyolefin Foam market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts, channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Polyolefin Foam Market Size and Outlook by Resin Type

• Polypropylene
  • Expanded Polypropylene
  • Extruded Polypropylene
• Polyethylene
  • XLPE
  • NON-XLPE
• Ethylene-Vinyl Acetate

Polyolefin Foam Market Size and Outlook by Application

• Automotive
• Packaging
• Construction
• Others

Polyolefin Foam Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• SEALED AIR
• ZOTEFOAMS PLC
• JSP CORPORATION
• KANEKA CORPORATION
• HANWHA TOTAL PETROCHEMICAL
• BASF SE
• FURUKAWA ELECTRIC CO., LTD
• DS SMITH PLC
• SONOCO PRODUCTS COMPANY
• RECTICEL NV

Actionable Outcomes

Our Polyolefin Foam Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will grow in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Polyolefin Foam market size
• Polyolefin Foam market size, drifts, drivers and opportunities
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Polyolefin Foam market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected Polyolefin Foam market size from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Polyolefin Foam market share
• Measures to consider for Polyolefin Foam market