According to a market report by Lucintel, the future of the global elastomeric foam insulation market looks promising with opportunities in the building and construction, automotive, industrial, electrical & electronics, and healthcare markets. The global elastomeric foam insulation market is expected to reach an estimated $3 billion by 2030 from $1.7 billion in 2023, at a CAGR of 6% from 2024 to 2030. The major drivers for this market are increasing construction activities and stringent government regulation for energy efficiency, increased demand for energy-efficient building materials, and growing emphasis on sustainability in construction and industrial sectors.
A more than 150-page report to understand trends, opportunity and forecast in elastomeric foam insulation market to 2030 by product type (closed cell and open cell), application (thermal insulation, acoustic insulation, and others), end use industry (building and construction, automotive, industrial, electrical & electronics, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that building and construction is expected to witness the highest growth over the forecast period.
Within this market, closed cell is expected to witness the highest growth.
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Armacell, K-Flex, Aeroflex, Humaei, Kaimann, Zotefoams, Hira Industries are the major suppliers in the elastomeric foam insulation market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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