Market Overview

Growing Usage of Elastomeric Foam in the Healthcare Industry Will Boost the Elastomeric Foam Market in the Forecast Period


Growing Usage of Elastomeric Foam in the Healthcare Industry Will Boost the Elastomeric Foam Market in the Forecast Period

PR Newswire

PUNE, India, July 12, 2018 /PRNewswire/ --

The report "Elastomeric Foam Market by Type (Natural Rubber/Latex, Synthetic Rubber (Nitrile-Butadiene Rubber, Ethylene-Propylene Diamine Monomer, Chloroprene)), End-Use Industry (HVAC, Automotive, Electrical & Electronics), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the global market is estimated at USD 1.28 billion in 2018 and projected to reach USD 1.75 billion by 2023, at a CAGR of 6.5% between 2018 and 2023.

     (Logo: )

Browse 71 market data Tables and 40 Figures spread through 119 Pages and in-depth TOC on "Elastomeric Foam Market"

Early buyers will receive 10% customization on this report

The market is witnessing growth due to higher use of elastomeric foam as an insulation material over other insulation materials due to its superior properties. Moreover, as the growth of the HVAC industry, which is a major end-use industry of elastomeric foam, supported by the strong demand for HVAC systems from the building & construction industry is further driving the demand for elastomeric foam.

Get PDF Brochure @

Nitrile-Butadiene Rubber (NBR): The fastest-growing segment of the Elastomeric Foam Market, by type 

Nitrile butadiene rubber (NBR) is projected to be the fastest-growing type segment of the Elastomeric Foam Market during the forecast period (2018-2023). The NBR segment is expected to register the highest growth, as NBR is suitable for many applications in several end-use industries of elastomeric foams and has a relatively lower price than the other types of elastomeric foam.

HVAC: The largest end-use industry of elastomeric foam in 2018 

HVAC was the largest end-use industry of elastomeric foam in 2017. This can be attributed to the growing use of elastomeric foam in the HVAC systems as a result of increased regulations for energy efficiency. There is an increased demand for HVAC systems as there is a growing focus on the construction of energy-efficient buildings.

APAC: The largest Elastomeric Foam Market in 2018 

The APAC region was the largest market for elastomeric foam, in terms of value and volume, in 2017. This growth is backed by the increasing industrialization in the region leading to the increasing demand from the growing end-use industries of elastomeric foam such as HVAC, automotive, and electrical & electronics in the region.

The major elastomeric foam manufacturers, such as Armacell (Germany), Hira Industries (UAE), Zotefoams (UK), LISOLANTE K-FLEX. (Italy), Kaimann (Germany), Huamei Energy-saving Technology Group (China), Jinan Retek Industries (China), Aeroflex USA, (US), NMC SA (Belgium), and Anavid (Israel) have been profiled in the report.

Know more about Elastomeric Foam Market Research Report:

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441


Research Insight:

Connect with us on LinkedIn:

SOURCE MarketsandMarkets

View Comments and Join the Discussion!