logo

Flexible Elastomeric Foam Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The market is segmented by Type (Natural Rubber/Latex, Nitrile Butadiene Rubber/Polyvinyl Chloride, Ethylene-Propylene Dine Monomer, Ethylene-Propylene Dine Monomer, Chloroprene, and Others), Function (Thermal Insulation and Acoustic Insulation), Application (HVAC, Automotive, Transportation, Solar Installations, Refrigeration Systems, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Home Market Analysis Chemicals & Materials Research Plastics, Polymers, and Elastomers Research Plastics and Polymers Research Polymer Foam Research Flexible Elastomeric Foam Research Flexible Elastomeric Foam Market

Flexible Elastomeric Foam Market Size

Flexible Elastomeric Foam Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Flexible Elastomeric Foam Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Flexible Elastomeric Foam Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Flexible Elastomeric Foam Market Analysis

The market is expected to register a CAGR of about 5% during the forecast period. One of the major factors driving the market is the increasing demand for flexible elastomeric foam with growing HVAC systems in major economies of the world. However, lack of awareness about the benefits of insulation using elastomeric foams in the emerging economies is expected to hinder the growth of the market studied.

The growing demand of elastomeric foam in the Healthcare Industry is likely to act as an opportunity for the market studied in the coming years.

By application, demand for flexible elastomeric foam in HVAC systems is expected to grow further during the forecast period.

Asia-Pacific dominated the market globally, with the largest consumption from countries, such as China, Japan, and India.

Flexible Elastomeric Foam Market Trends

This section covers the major market trends shaping the Flexible Elastomeric Foam Market according to our research experts:

Increasing Demand for Flexible Elastomeric foam in HVAC Systems

  • Elastomeric foams are mainly used in the HVAC and refrigeration operations as an active barrier against the entry of the vapor and moisture into the systems. These are used as a substitute for the natural insulating materials, such as cork.
  • The manufacturing method of the elastomeric foam does not include hydrochlorofluorocarbons (HCFCs), chlorofluorocarbons (CFCs), or hydrofluorocarbons (HFCs), which makes them environment-friendly which in turn boosts the flexible elastomeric market.
  • The demand for HVAC equipment is rapidly increasing, owing to growing spending in the construction sector and rising disposable incomes across major economies globally.
  • Heating, ventilation, and air conditioning (HVAC) units add to the aesthetic value of residential and commercial places. Companies are heavily investing in R&D to manufacture innovative products such as hybrid HVAC equipment that uses multiple sources of energy for heating and cooling applications.
  • Owing to the aforementioned factors, the application of flexible elastomeric foam is expected to increase during the forecast period
Flexible Elastomeric Foam Market Trends

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific dominated the global market owing to the robust demand from developing nations including China, India, and Japan. The region is a manufacturing hub for HVAC and the cryogenic systems are of the propelling factor for the flexible elastomeric foam market growth in the region.
  • The largest producers of the flexible elastomeric foam market are based in the Asia-Pacific region. Some of the leading companies in the production of flexible elastomeric foam markets are Era Polymers Pty Ltd, Armacell, Kaimann GmbH, AEROFLEX USA, INC, and Hira Industries LLC among others.
  • The Asia Pacific is projected to be the fastest-growing region for in near future on account of increasing acceptance of better thermal and acoustic insulation for end-user applications in countries like India and China.
  • The rapid growth in economies and increasing per capita income among consumers in developing countries in the Asia Pacific region are increasing the demand for packaging. This, in turn, is increasing the demand for flexible elastomeric foam.
  • Owing to the above-mentioned factors, the market for flexible elastomeric foam in the Asia-Pacific region is projected to grow significantly during the study period.
Flexible Elastomeric Foam Market Analysis

Flexible Elastomeric Foam Industry Overview

The Global flexible elastomeric foam market is partially consolidated in nature with only a few major players dominating the market. Some of the major companies are Era Polymers Pty Ltd, Armacell, Kaimann GmbH, Aeroflex USA Inc., and Hira Industries LLC, among others.

Flexible Elastomeric Foam Market Leaders

  1. Era Polymers Pty Ltd

  2. Armacell

  3. Kaimann GmbH

  4. AEROFLEX USA, INC

  5. Hira Industries LLC

*Disclaimer: Major Players sorted in no particular order

Era Polymers Pty Ltd, Armacell, Kaimann GmbH, Aeroflex USA Inc., and Hira Industries LLC
Need More Details on Market Players and Competitors?
Download PDF

Flexible Elastomeric Foam Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand for Flexible Elastomeric Foam with Growing HVAC Systems

      2. 4.1.2 Growing Demand for Flexible Elastomeric Foam from Automotive Industry

      3. 4.1.3 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Lack of Awareness About the Benefits of Insulation Using Elastomeric foams in the Emerging Economies

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Function

      1. 5.1.1 Thermal Insulation

      2. 5.1.2 Acoustic Insulation

    2. 5.2 Type

      1. 5.2.1 Natural Rubber/Latex

      2. 5.2.2 Nitrile Butadiene Rubber/Polyvinyl chloride

      3. 5.2.3 Ethylene Propylene Dine Monomer

      4. 5.2.4 Chloroprene

      5. 5.2.5 Other Types

    3. 5.3 Application

      1. 5.3.1 HVAC

      2. 5.3.2 Automotive

      3. 5.3.3 Transportation

      4. 5.3.4 Solar Installations

      5. 5.3.5 Refrigeration Systems

      6. 5.3.6 Other Applications

    4. 5.4 Geography

      1. 5.4.1 Asia-Pacific

        1. 5.4.1.1 China

        2. 5.4.1.2 India

        3. 5.4.1.3 Japan

        4. 5.4.1.4 South Korea

        5. 5.4.1.5 Rest of Asia-Pacific

      2. 5.4.2 North America

        1. 5.4.2.1 United States

        2. 5.4.2.2 Canada

        3. 5.4.2.3 Mexico

      3. 5.4.3 Europe

        1. 5.4.3.1 Germany

        2. 5.4.3.2 United Kingdom

        3. 5.4.3.3 France

        4. 5.4.3.4 Italy

        5. 5.4.3.5 Rest of Europe

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Armacell India Private Ltd

      2. 6.4.2 Era Polymers Pty Ltd

      3. 6.4.3 DuPont de Nemours Inc.

      4. 6.4.4 Aeroflex USA Inc.

      5. 6.4.5 Kaimann GmbH

      6. 6.4.6 Hira Industries LLC

      7. 6.4.7 L'Isolante K-Flex SpA

      8. 6.4.8 Rubberlite Inc.

      9. 6.4.9 Zotefoams PLC

      10. 6.4.10 Huamei Energy-saving Technology Group Co. Ltd

      11. 6.4.11 Merryweather Foam Inc.

      12. 6.4.12 Kingwell World Industries Inc.

      13. 6.4.13 Jinan Retek Industries Inc.

      14. 6.4.14 Rogers Corporation

      15. 6.4.15 NMC SA

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Growing Demand of Elastomeric Foam in Medical and Healthcare Industry

    2. 7.2 Other Opportunities

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Flexible Elastomeric Foam Industry Segmentation

The report on flexible elastomeric foam market includes:

Function
Thermal Insulation
Acoustic Insulation
Type
Natural Rubber/Latex
Nitrile Butadiene Rubber/Polyvinyl chloride
Ethylene Propylene Dine Monomer
Chloroprene
Other Types
Application
HVAC
Automotive
Transportation
Solar Installations
Refrigeration Systems
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Flexible Elastomeric Foam Market Research FAQs

The Flexible Elastomeric Foam Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Era Polymers Pty Ltd, Armacell, Kaimann GmbH, AEROFLEX USA, INC and Hira Industries LLC are the major companies operating in the Flexible Elastomeric Foam Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Flexible Elastomeric Foam Market.

The report covers the Flexible Elastomeric Foam Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Flexible Elastomeric Foam Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Flexible Elastomeric Foam Industry Report

Statistics for the 2024 Flexible Elastomeric Foam market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Flexible Elastomeric Foam analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Flexible Elastomeric Foam Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Flexible Elastomeric Foam Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)