According to study, “World Polyethylene foam(PE) Foam
Market Research Report
2024(covering USA, EU, China, South East Asia, Japan and etc” the key companies
operating in the world polyethylene foam (PE) foam market are Rogers
Corporation, Orlando Products, Armacell International, All Foam Products Co.,
Inc., Northern Products Company, Quality Foam Packaging, Inc., Williams Foam, MBK
Tape Solutions, Sing Home, Wisconsin Foam Products, QIHONG, Sansheng Industry, MOYUAN,
JINGKE SHIYE,RUNSHENG, CYG TEFA, ZhjiangJiaolian, ZhangqiuJicheng, HengshiJucheng
Rubber, Hubei Yuanxiang, Great Wall Rubber, Zhejiang Wanli, Runyang Technology,
Zhejiang Runyang, Fullchance Rubber Sheet, HengshuiYongsheng, Sanhe Plastic
Rubber, HuzhouHuaming, Hengshui Rubber Company Limited. Key vendors are
investing considerably in research & development (R&D) to develop
bio-based, advanced, and recyclable PE foams which aim to increase the awareness
about recycling process and manufacturing of efficient eco-friendly PE foams.
Furthermore, vendors are also working on increasing the shock absorbency &
elasticity of PE foams to provide excellent safety to the packed products for
packaging & shipping.
Polyethylene foam (PE) is a resilient, strong, closed-cell
type of foam. Its structure is made of lots of tiny bubbles, sealed off from
each other. It is used for packaging fragile goods owing to its excellent
vibration dampening and insulation properties. It offers high resistance to
chemicals & moisture. Some essential characteristics are closed-cell, easy
to fabricate, lightweight, superb strength & tear resistance, non-abrasive,
flexibility, non-dusting, impervious to mildew, mold, rot, and bacteria, excellent
shock absorption & vibration dampening properties, CFC free, resistant to
water, chemicals, solvents & grease, excellent buoyancy, odorless,
excellent thermal insulation properties and cost-effective.
Based on form type, polyethylene foam market is
segmented into XLPE foam and non XLPE foam. Non-XLPE foam is slightly abrasive,
requires more fabrication, relatively expensive, and resistant to tearing,
cracking, and crumbling. Based on distribution channel, market is segmented
into business to customer (B2C), business to business (B2B) and online
retailing. Based on application, market is segmented into cushioning,
packaging, laminating and others. In addition, based on end-user, market is
segmented into automotive, protective packaging, medical, building &
construction, foot wear and others. Automotive industry is
further-sub-segmented into child seat, shock absorber, tool boxes,side impact
and under carpet. Protective packaging segment includes tableware, cap liners, food
trays, electric products, heat-resistant packaging, fruit trays, groceries and fish
containers. Additionally, building & construction industry is anticipated
to witness highest growth during the forecast period, due to huge investments
in new infrastructure developments, renovation of non-residential buildings and
new housing projects.
The polyethylene foam market is driven by rise in the
construction business in both commercial and residential properties sector,
followed by surge in investment by individuals towards home ownership in
several countries, rapid urbanization,low cost of production,easy availability
of raw materials, energy sustainable & energy conservative material, rise
in demand from automotive sector and increase in income levels of individuals.
However, toxic properties of PE foams and volatility in the prices of raw
materials may impact the market.
Based on geography, China country holds major share
in polyethylene foam market owing to relatively
high-value share and rise in penetration of various industries in the country.
The EU and USA are expected to witness higher growth rate due to presence of
strong world class manufacturing as well as a service industry over the
forecast period.
For more information on the research
report, refer to below link:
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