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Transportation is the fastest growing application segment in the flexible foam market

Flexible foams are used as cushioning material in the different end use products such as beds, mattresses, chairs, garden furniture pillows, carpet cushions, automobile parts (seats, arm rest, headrests, and others), and others. Flexible Foam consist of different types of foam which are used for cushioning purpose.

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Transportation is the fastest growing application segment in the flexible foam market

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  1. Flexible Foam Market Flexible Foam Market worth 64.14 Billion USD by 2026 View Full Report @ https://bit.ly/2FTWO6t

  2. Introduction • The report “PET Foam Market by Grade (Low-Density & High-Density), and by Application (Wind Energy, Transportation, Marine, Packaging, Building & Construction & Others), & by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and RoW - Forecast to 2020”, analyzes the global PET foam market with respect to market drivers, restraints, opportunities, and challenges in different regions. View Full Report @ https://bit.ly/2FTWO6t

  3. Drivers • The drivers of the PET foam industry include recovery in the marine market, promising wind energy market, and growing penetration in the end-user industries due to increase in demand for energy and other products from the increasing population along with their purchasing ability in emerging countries such as China, India, and Brazil. • Market data for all the applications of PET foam is given in the study with respect to volume as well as value. • The data is based on the demand for all the application. Asia-Pacific accounted for the largest share of the market. • An upsurge in sales of end products due to large demand and spending by growing population will be the key influencing factor for the global market. View Full Report @ https://bit.ly/2FTWO6t

  4. Industry Insights • The wind energy application accounted for the major share of the total PET foam market in 2014. • The wind energy, transportation, marine, packaging, and building & construction applications are projected to be growing applications in the market. • Asia-Pacific accounted for the largest share of the market. • This study basically aims to estimate the global market of PET foams for 2015 and to project its demand by 2020. It provides a detailed qualitative and quantitative analysis of the global market. • Various secondary sources such as directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study. • The primary sources that include industry experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market. View Full Report @ https://bit.ly/2FTWO6t

  5. Regional Insights • Currently, Asia-Pacific is the largest PET foam market which is estimated to register the highest CAGR. • Countries such as China and India are projected to lead the market in Asia-Pacific, with China accounting for the largest share in terms of volume. • The market size by volume of PET foams is comparatively low in the Middle East & African and RoW regions, but the estimated growth for the regions is second- and third-highest after Asia-Pacific, respectively. • Asia-Pacific, Europe, and North America are the most active markets in terms of strategic initiatives, owing to their market demands. View Full Report @ https://bit.ly/2FTWO6t

  6. Key Players • The important PET foams manufacturers include Armacell International S.A. (Luxembourg), 3A Composites (Switzerland), Gurit Holding (Switzerland), DIAB Group (Sweden), BASF SE (Germany), Changzhou Tiansheng New Materials Co. Ltd. (China), Sekisui Plastics (Japan), Petro Polymer Shargh (Iran), Carbon-Core Corp. (U.S.), and other regional players. View Full Report @ https://bit.ly/2FTWO6t

  7. About Us • MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging 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 Markets and Markets™ for their pain points around revenues decisions. • MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" 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. View Full Report @ https://bit.ly/2FTWO6t

  8. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. View Full Report @ https://bit.ly/2FTWO6t

  9. Thank You Contact Us Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com View Full Report @ https://bit.ly/2FTWO6t

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