Elastomeric Foam Market Size and Share Analysis by Key Players, 2023-2033
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The global elastomeric foam market is estimated to grow majorly on account of increasing use in HVAC systems. HVAC stands for heating, ventilation and air conditioning. About 88% of American households use air conditioning, according to the 2020 Residential Energy Consumption Survey by the U.S. Energy Information Administration, and hence the usage of elastomeric foam pipes is ubiquitous and expanding. Also, two-thirds of American houses utilize a central air conditioner or heat pump as their main air conditioning system.
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Elastomeric Foam Market Size and Share Analysis by Key Players, 2023-2033
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