Global market for polymer foam 2016-2021

31 May 2016

According to a report by MarketsandMarkets (M&M), the global polymer foam market is estimated to grow from USD 105.37 Billion in 2016 to USD 171.96 Billion by 2021, at a CAGR of 8.5%.
It is driven by its diverse range of applications namely building & construction, furniture & bedding and packaging. Furthermore, the high demand comes from the automotive sector which finds its usefulness in a myriad of applications. In 2015, the building & construction application segment accounted for the largest market share, in terms of volume. The automotive application segment is estimated to register the highest CAGR between 2016 and 2021, followed by packaging (Press Release M&M, 11 May 2016).
Click here for the press release.
Click here for more information about the report.

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