Polyethylene (PE) Foams Market worth $4.8 billion by 2026 - Exclusive Report by MarketsandMarkets™

Polyethylene (PE) Foams Market worth $4.8 billion by 2026 - Exclusive Report by MarketsandMarkets™

PR Newswire

CHICAGO, Nov. 23, 2021

CHICAGO, Nov. 23, 2021 /PRNewswire/ -- According to the report "Polyethylene (PE) Foams Market by Type (Non-XLPE and XLPE), Density (LDPE,HDPE), End-Use Application (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, Medical), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Polyethylene Foams Market is projected to grow from USD 3.6 billion in 2021 and is projected to reach USD 4.8 billion by 2026, at a CAGR of 6.0%, between 2021 and 2026 period. The driving factor for the polyethylene foams market is growth in end-use industries and high growth in APAC.

MarketsandMarkets Logo

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129894004

Browse in-depth TOC on "Polyethylene (PE) Foams Market"

272 – Tables
40 – Figures
241 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/polyethylene-foam-market-129894004.html

Protective packaging is the largest end-use industry of Polyethylene foams market.

Protective packaging is used in a wide variety of applications, including fruits & vegetables, automotive, aerospace, appliance, electronics, and pharmaceuticals. It is used for safeguarding and shielding a core product from damages during transportation or storage. The aggressive growth of e-commerce, along with technological improvements in material options, is changing the way how most companies are picking their protective packaging solutions. Economic growth and demographic change are major factors driving the packaging industry. Incomes are expected to rise, which will lead to an increase in consumer spending on packaged goods as well as strengthening the middle-class population to engage in global brands and shopping habits. Another driving factor for the packaging industry is the increase in the demand for pharmaceutical products due to rising life expectancy, especially in developed markets, for instance, Japan.

Medical is the fastest-growing end use application of the polyethylene foams market.

Medical is the fastest-growing end-use application segment of the polyethylene foams market, in terms of volume. In the medical industry, all products need to be handled with intensive care. XLPE foams are unique, closed-cell materials used widely to create medical packaging solutions. The XLPE foam is hypoallergenic, non-toxic, and latex-free and can also be used in operating rooms. It has a cushion-like feeling, is water-resistant, and has the capability of being gamma-sterilized to be used with medical devices. It is extensively used in the medical device industry to package and protect surgical instruments, implants, and other surgical devices, and in both inside and outside of a sterile barrier system.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=129894004

APAC is the largest Polyethylene foams market globally.

APAC is projected to lead the polyethylene foams market and this dominance is expected to continue till 2026. The market in the region is witnessing high growth in protective packaging, automotive and medical. The key markets in the region include China, India, Japan and South Korea. India, China, and Indonesia are investing heavily in various end-use industries, which is likely to influence market growth.

The key players profiled in the polyethylene foams market report are Armacell (Luxembourg), JSP (Japan), Sealed Air (US), Zotefoams PLC (UK), and Recticel NV (Belgium).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=129894004

Browse Adjacent Market: Chemicals Market Research Reports & Consulting

Related Reports:

Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry and Region - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/composite-market-200051282.html

Unsaturated Polyester Resins Market by Type (Orthophthalic, Isophthalic & DCPD), End-Use Industry (Building & Construction, Marine, Transportation, Pipes & Tanks, Artificial Stone, Wind Energy, Electrical & Electronics), By Region - Global Forecast to 2026

https://www.marketsandmarkets.com/Market-Reports/unsaturated-polyester-resin-upr-market-891.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com 
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/polyethylene-foam-market.asp 
Visit Our Website: https://www.marketsandmarkets.com/ 
Content Source: https://www.marketsandmarkets.com/PressReleases/polyethylene-foam.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Voltar noticias em Inglês