From GlobeNewswire: 2024-07-10 10:23:00

Exactitude Consultancy, a division of Ameliorate Digital Consultancy Private Limited, has released the final detailed research report on the Engineered Foam Market. The report offers valuable insights for business strategists, including growth analysis, historical data, and future revenue projections. The global engineered foam market is expected to grow at a CAGR of 8.9% from 2020 to 2029, reaching above USD 158.5 billion by 2029.

Engineered foam is used in various industries like automotive, construction, aerospace, packaging, and electronics. As these industries expand, the demand for foam materials with specific properties and performance characteristics is increasing. Engineered foam offers advantages like lightweight nature, insulation properties, durability, and versatility compared to traditional materials.

Leading companies in the global Engineered Foam market include BASF SE, The DOW Chemical Company, Bayer AG, and Huntsman Corporation. Recent developments include DuPont’s agreement to acquire Spectrum Plastics Group and Huntsman’s unveiling of revolutionary materials for electric vehicles at The Battery Show. The market is segmented by type (polyurethane, polystyrene, PVC, etc.) and application (aerospace, medical, construction, etc.).

The Engineered Foam market report provides in-depth insights on market growth, key regions driving development, and industry trends. It also analyzes the impact of COVID-19 on the industry, historical data, and future projections up to 2030. The report is a valuable resource for industry managers, consultants, analysts, and others seeking key industry data in easily accessible formats.

Exactitudeconsultancy offers customization options on the Engineered Foam market report, including a PDF and Excel format, free customization up to 20%, and access to analyst insights for one year. The report covers industry dynamics, market size, segmentation, competition, and future growth opportunities. The Engineered Foam Market report is an essential resource for businesses seeking to accelerate their growth and stay competitive in the market.

Read more at GlobeNewswire: Engineered Foam Market is expected to grow at 8.9 % CAGR