North America Flexible Foam Market

1. North America Flexible Foam Market Surveys, Opportunity, Growth and Forecast by End-use Industry 2022-2028

2. Global Market Scenario of North America Flexible Foam Industry North America Flexible Foam Market is projected to surpass USD 11 billion by 2028. Product developments by manufacturers adhering to stringent environmental regulations will create new growth opportunities in the flexible foam market. Increasing focus on energy conservation accompanied by developing green building norms will fuel product adoption in the construction sector. Key aspects including acoustic insulation & sound dampening will proliferate the industry share. The growing furniture & upholstery sector supported by increasing income levels is also escalating the market growth. Some major findings of the North America flexible foam market report include: Enhanced energy absorption capacity, superior energy distribution capability, and higher variability in the degree of firmness will surge flexible foam adoption in diverse end-use segments.

3. Continue:- Ability to handle lightweight units owing to higher impact absorption and scratch resistance will fuel the PU flexible foam industry share in packaging applications. Higher tensile strength along with improved thermal resistance are among the key factors propelling PE flexible foam adoption for cushioning heavier or sharp objects. PVDF is a closed-cell foam and poses significant ability to capture the market. Advanced chemical resistance and low thermal conductivity are among the key features escalating the PVDF flexible foam market growth. Positive outlook toward the vehicle demand positively influences the North America flexible foam market size. In 2020, the automobile sales across the globe were approximately 34.32 million units that crossed 44.40 million units in 2021.

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5. 360° Industry Analysis Request for customization:https://www.gminsights.com/roc/5234 Flexible foams find applications in the packaging of highly sensitive equipment, such as printed circuit boards, glass products, electronics, delicate consumer goods, jewelry etc., which require extra protection during transportation. Growth in construction industry along with increasing consumer awareness towards energy conservation will steer the utilization of thermal insulation in the construction industry. North America construction spending was over USD 1.68 trillion in 2022 and is expected to grow with a CAGR of 3.9%. Developed countries including Canada and U.S. will drive construction market growth. Flexible foam finds valuable applications in the construction market within walls, roofs, and thermal insulation panels of buildings.

6. Competitive Analysis: Ethylene vinyl acetate will witness over 4.5% CAGR. It is the copolymer of ethylene & vinyl acetate that produces rubber-like flexible and soft material. Major features such as resilience, toughness, flexibility, transparency, and resistance are fueling the product demand in the flexible foam market. The product is non-toxic in nature and is applicable to a wide range of semi-finished goods and end-segment. Additionally, the surging demand from numerous sectors including packaging, agriculture, foam, and footwear industry will propel the overall business growth. Top players in the North America flexible foam market are BASF, Covestro, DOW Chemical, Huntsman, Rogers Corp, The Woodbridge, INOAC Corp, Carpenter, Kaneka, and American Excelsior Company.

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