The global market for polymer foam is expected to grow from 20.1 million tons in 2014 to 21.0 million tons in 2015 at a year-on-year (YOY) growth rate of 4.6%. In addition, the market is expected to grow at a five-year CAGR (2015 to 2020) of 5.1%, to reach 26.9 million tons in 2020.
This market research report explains current market for polymer foam both in terms of value and volume. The report also highlights the major drivers and challenges, including their profiles related to polymer foam market.
The global market for polymer foam has been growing at a CAGR (2015 to 2020) of 5.1% driven by growing building and construction; transportation; furniture and bedding; medical application; and packaging industries.