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Polyethylene (PE) Foams Market

Polyethylene (PE) Foams Market, Size and Segment By Type (Non- XLPE, XLPE) By Density (LDPE Foam, HDPE Foam) By End-use Industry (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, Medical, Others), by Regions and Global Forecast 2023-2030

Report Id: SNS/C&M/2021 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Polyethylene (PE) Foams Market Size was valued at USD 3.39 billion in 2022, and expected to reach USD 5.45 billion by 2030, and grow at a CAGR of 6.1 % over the forecast period 2023-2030.

By encasing pockets of gas in a liquid or solid, foam is a material or substance that is created. Hydrocarbons or halocarbons are combined with air, water, or gas to create foam. Polyethylene (PE) foam is a form of foam that is created by combining hot, liquid polyethylene (PE) foam with carbon dioxide.

Polyethylene (PE) Foams Market Revenue Graph

The Polyethylene (PE) foam has excellent, robust properties because to the combination of gas and polyethylene. High Performance Polyethylene (HPPE) foam is simple to work with and create in comparison. Due to its strong load bearing capabilities, polyethylene (PE) foam is a preferred commodity for packaging in a variety of industries. It is expected that the polyethylene (PE) foam market would grow and register a high CAGR over the forecast period due to the expansion of industries and rise in global commerce.

Market Dynamics:

Drivers:

  • Major End-Use Application Segments are Growing

  • Demand is high in APAC

Restraints:

  • Raw material price volatility

Opportunity:

  • Co2-Based Polyols are in Increasing Demand

Challenge:

  • Government regulations that are strict

  • Demand for Bio-Based Polyols is Growing

Impact of Covid-19:

The financial and industrial sectors of travel and tourism, manufacturing, and aviation have all seen substantial economic effects from COVID-19. The World Bank and IMF predict that the worst economic downturn will occur in 2020–2021. Economic activity is waning as more nations impose and prolong lockdowns, which has an effect on the world economy.

The interconnectedness of the world economy has increased significantly in recent years. Disruptions in the global supply chain, a decline in demand for imported goods and services, and a rise in the unemployment rate are all indications of the unfavourable effects of the different actions taken to contain COVID-19. With historically low interest rates and severe drops in the prices of commodities and equities, risk aversion has intensified in the financial sector. The level of corporate and consumer confidence has also drastically declined.

Key Players:

Wisconsin Foam Products, Inoac Corporation, Trecolan GmbH, JSP, Armacell, PAR Group, The DOW Chemical Company, Sealed Air Corporation, Thermotec, Zotefoams PLC

Market Segment:

By Type:

  • Non- XLPE

  • XLPE

By Density

  • LDPE Foam

  • HDPE Foam

By End-use Industry:

  • Protective Packaging

  • Automotive

  • Building & Construction

  • Footwear, Sports & Recreational

  • Medical

  • Others (aviation & aerospace, marine, refrigeration, and electrical & electronics)

Polyethylene (PE) Foams Market Segment Pie Chart

Regional Analysis:

The market for polyethylene (PE) foams is divided into seven major geographic regions, including North America, Latin America, Western Europe, Eastern Europe, and Asia-Pacific, with the exception of Japan, Japan, and the Middle East and Africa.

Due to its relatively large value share in the global market, APEJ, among the aforementioned regions, accounts for a sizeable portion of the polyethylene (PE) foams market. The increased penetration of numerous industries, including FMCG, electronics component, automotive, auxiliary, etc., is the cause of the high demand for polyethylene (PE) foams in APEJ.

Due to the region's rapid industrial development, which creates a strong demand for polyethylene (PE) foam products, APEJ is followed in the worldwide polyethylene (PE) foam market by North America. Due to the region's strong world-class manufacturing and service sectors, Western Europe holds a sizeable volume share of the worldwide polyethylene (PE) foams market.

Over the course of the projection period, the polyethylene (PE) foams market in Eastern Europe and Japan will also contribute significantly in terms of value. Due to the expansion of sectors like logistics and online retailing, developing economies in the Middle East, Africa, and Latin America have been showing some acceptable possibility in the worldwide polyethylene (PE) foams market. The market for polyethylene (PE) foams will have favourable growth overall over the projected period.

REGIONAL COVEREGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Polyethylene (PE) Foams Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 3.39 Billion
Market Size by 2030 US$ 5.45 Billion
CAGR CAGR of 6.1% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Non- XLPE, XLPE)
• By Density (LDPE Foam, HDPE Foam)
• By End-use Industry (Protective Packaging, Automotive, Building & Construction, Footwear, Sports & Recreational, Medical, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Wisconsin Foam Products, Inoac Corporation, Trecolan GmbH, JSP, Armacell, PAR Group, The DOW Chemical Company, Sealed Air Corporation, Thermotec, Zotefoams PLC
DRIVERS • Major End-Use Application Segments are Growing
• Demand is high in APAC
Restraints • Raw material price volatility


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: LDPE Foam and HDPE Foam are the sub-segments of by density segment

Ans: The interconnectedness of the world economy has increased significantly in recent years. Disruptions in the global supply chain, a decline in demand for imported goods and services, and a rise in the unemployment rate are all indications of the unfavourable effects of the different actions taken to contain COVID-19. With historically low interest rates and severe drops in the prices of commodities and equities, risk aversion has intensified in the financial sector. The level of corporate and consumer confidence has also drastically declined.

Ans: Major End-Use Application Segments are Growing and Demand is high in APAC are the drivers for Polyethylene (PE) Foams Market.

 

Ans: Polyethylene (PE) Foams Market Size was valued at USD 3.2 billion in 2021, and expected to reach USD 4.9 billion by 2028, and grow at a CAGR of 6.1 % over the forecast period 2022-2028.

 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Polyethylene (PE) Foams Market Segment, By Type

8.1 Non- XLPE

8.2 XLPE

 

9.Polyethylene (PE) Foams Market Segment, By Density

9.1 LDPE Foam

9.2 HDPE Foam

 

10.Polyethylene (PE) Foams Market Segment, By End-user Industry

10.1 Protective Packaging

10.2 Automotive

10.3 Building & Construction

10.4 Footwear, Sports & Recreational

10.5 Medical

10.5 Others (aviation & aerospace, marine, refrigeration, and electrical & electronics)

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profile

12.1 Wisconsin Foam Products

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Inoac Corporation

12.3 Trecolan GmbH

12.4 JSP

12.5 Armacell

12.6 PAR Group

12.7 The DOW Chemical Company

12.8 Sealed Air Corporation

12.9 Thermotec

12.10 Zotefoams PLC

 

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

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Secondary Research

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