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Wednesday, December 28, 2022

Polyurethane (PU) foam is expected to remain the largest segment in the global automotive foam market

An exciting new study from the team of Lucintel found that automotive foam market is expected to reach $XX billion by 2028 with a CAGR of 3% to 5%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/automotive-foam-market.aspx.

The automotive foam market is segmented based on product type, application, end use industry and region. In this market, polyurethane (PU) foam is expected to remain the largest product type, and passenger cars segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like increasing purchasing power of consumer leading towards investment in personal vehicles and growing production of economic models in APAC region. In addition, growing government investment in electric vehicles and introduction of sustainable and efficient materials by automotive manufacturers for fuel efficiency and environment safety are also contributing towards growing demand for automotive foam.

Growing demand for electric vehicles and rising use of bio-based material are emerging trends having impact on dynamics of the industry.

Johnson Controls, Woodbridge Foam Corporation, Lear Corporation, Bridgestone Corporation, BASF, Recticel, Vitafoams, Armacell, The Dow Chemical Company, and Rogers Corporation are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/automotive-foam-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the automotive foam market by product type (polyurethane (PU) foam, polyolefin (PO) foam, and others), application ((interior (seating, instruments panels, headliners, door panels & water shields, seals, gaskets & NVH, and others), and exterior (bumper system and others)), end use industry (passenger cars, light commercial vehicles, and heavy commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the automotive foam market?

Q.4 What are some changing demands of customers in the automotive foam market?

Q.5 What are the new developments in the automotive foam market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive foam area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive foam market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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