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December 18, 2020

PVC Foams Market 2019| Key Development To Be Observed Industry States And Outlook Across By 2025

The Global PVC Foam Market is expected to register a CAGR of around 3.8%, reaching a value of around USD 22.1 billion by the end of 2027.

PVC foam is lightweight, compressed foam board. It exhibits superior properties such as water resistance, corrosion resistance, fire resistance, high strength, durability, and cost-effectiveness. PVC foam is used as a substitute of wood and is an ideal choice of material for advertising, indoor & outdoor decoration, wall cladding, etc.

PVC Foam Market: Drivers & Opportunity

Market Driver:

Growing Demand for PVC Foam in Building & Construction Industry

PVC Foam are widely used to manufacture doors, furniture, outdoor advertising boards, shelves, kitchen cabinets, among others in the construction industry. Growth of the construction industry is attributed to the rapid industrialization and urbanization across the globe. PVC foams are inherently low-moisture absorbing, heat resistant, and sound absorbing, which makes them materials of choice for products such as seals, insulation, and HVAC applications.

Rise in urbanization is attributed to the migration of population to the urban areas, which is further driving the construction chemicals market. For instance, the Indian real estate sector is expected to reach a market size of USD 180 billion by 2020 and USD 1 trillion by 2030. It is contribution to the country’s GDP is expected to be approximately 13%.

Moreover, the rising infrastructural development in developed economies is expected to duel the demand for PVC foams. According to the US Census Bureau, the construction spending in December 2019 was USD 1,327.7 billion, out of which, the spending on private construction was around USD 1,000 billion.

Thus, growing building & construction industry is projected to propel the demand for PVC foams during the review period.

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Use of PVC Foam in Automotive Industry

PVC foam is used in automotive application such as NVH (noise, vibration, & harshness) seals, gaskets, pads, closure strips, pillar stuffers, chassis, and others. It provides excellent acoustic/sound control and cushioning in and around windshields, door panels, instrument panels, headliners, and more.

PVC foam is lightweight, moisture, chemicals, and corrosion resistant, and has low water absorption. Moreover, it is flame retardant and self-extinguishing. Additionally, it is ideal substitute for aluminum, wood, and other composites, which is further driving the global demand for PVC foam in automotive industry. The total automobile production in 2018 stood at 95.6 million, with countries such as Russia, Indonesia, Malaysia, and Romania showing a double digit percentage change in automobile production.

Therefore, the demand for lightweight and fuel-efficient vehicles is driving the demand for PVC foam in automotive industry.

Market Restraint:

Fluctuating Raw Material Prices

Petroleum products, resins, and inorganic chemicals are used in the manufacturing of PVC foam. Ethylene is used to produce vinyl chloride monomer, further used to manufacture PVC. The fluctuating price of ethylene due to supply demand gap of crude oil is a key restraining factor.

Furthermore, harmful effects of petroleum-based raw materials on environment and human health act as a hampering factor.

PVC Foam Market: Key Segments

  • Segmentation based on type: Rigid and Flexible.
  • Segmentation based on application: Construction, Automotive, Aerospace, Packaging, Marine, and Others.
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

PVC Foam Market: Report Scope

The report on the PVC Foam Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the PVC Foam Market include:

  • ARMACELL (Germany) (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • 3A Composites GmbH (Switzerland)
  • Palram Industries Ltd.(Israel)
  • CoreLite (US)
  • Stadur Produktions GmbH & Co.KG (Germany)
  • POTENTECH (GUANGDONG) LIMITED (China)
  • Gurit (Switzerland)
  • DERFLEX (China)
  • Ecoste (India)
  • Composites One (US)
  • Kemron Wood Plast Private Limited (India)
  • Sun Acrylam Private Limited (India)
  • Biopac India Corporation Ltd. (India)
  • Other Key Companies

PVC Foam Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

PVC Foam Market, by Type

  • Rigid
  • Flexible

PVC Foam Market, by Application

  • Construction
  • Automotive
  • Aerospace
  • Packaging
  • Marine
  • Others

Consult with an Analyst @ https://www.forencisresearch.com/pvc-foams-market-consult-with-an-analyst/

PVC Foam Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Growing Demand for PVC Foam in Building & Construction Industry
      2. Use of PVC Foam in Automotive Industry
    3. Restraint
      1. Fluctuating Raw Material Prices
      2. Availability of Substitutes
    4. Opportunities
      1. Increasing Demand for Bio-based PVC Foams
    5. Challenges
      1. Environmental Regulations
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL PVC FOAMS MARKET BY TYPE, Market Size in USD Million and Million Sq. Meter (2019-2027)
    1. Introduction
    2. Rigid
    3. Flexible
  7. GLOBAL PVC FOAMS MARKET BY APPLICATION, Market Size in USD Million and Million Sq. Meter (2019-2027)
    1. Introduction
    2. Construction
    3. Automotive
    4. Aerospace
    5. Packaging
    6. Marine
    7. Others
  8. GLOBAL PVC FOAMS MARKET BY REGION, Market Size in USD Million and Million Sq. Meter (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Italy
      5. Russia
      6. Spain
      7. Belgium
      8. The Netherlands
      9. Poland
      10. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Thailand
      6. Australia & New Zealand
      7. Indonesia
      8. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Israel
      4. South Africa
      5. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    1. ARMACELL (Germany)
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. 3A Composites GmbH (Switzerland)
    3. Palram Industries Ltd.(Israel)
    4. CoreLite (US)
    5. Stadur Produktions GmbH & Co.KG (Germany)
    6. POTENTECH (GUANGDONG) LIMITED (China)
    7. Gurit (Switzerland)
    8. DERFLEX (China)
    9. Ecoste (India)
    10. Composites One (US)
    11. Kemron Wood Plast Private Limited (India)
    12. Sun Acrylam Private Limited (India)
    13. Biopac India Corporation Ltd. (India)
    14. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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December 18, 2020, 11:44
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