Polymer Foam Market Size to Worth Around US$ 165.21 Bn by 2030
March 05, 2021 19:00 ET
| Source:
Precedence Research
Precedence Research
Pune, INDIA
Recently Published Report on “Polymer Foam Market Size, Share, Growth, Trends Analysis, Revenue, Segmentation, Regional Outlook and Forecasts, 2021 - 2030”.
OTTAWA, March 05, 2021 (GLOBE NEWSWIRE) -- The global
polymer foams market was valued at US$ 115.54 billion in 2020 and expected to be worth around US$ 165.21 billion by 2030, growing with a CAGR of 4.3% during the forecast period 2021 to 2030.
Polymer foams consists of a gas and solid phase assorted together to form a foam. This usually happens by compounding the 2 phases so quick for the system to respond in a smooth way. The subsequent foam has a polymer matrix with air tunnels or air bubbles that is acknowledged as open-cell or closed-cell structure. Polymer foams possesses better heat insulation, less density, decent sound insulation effects, more corrosion resistance, more specific strength, and are extensively employed in industrial and civil applications.