Foam Plastics Market Is Projected to Reach $65.4 Billion, At A CAGR of 4.8% According To Global Forecast To 2025
Foam plastics are resins used in manufacturing polymer foams, which are used in various end-use industries such as building & construction, furniture & bedding, packaging, and automotive among others. The market size for Foam plastics is projected to grow from USD 51.6 billion in 2020 to USD 65.4 billion by 2025, at a CAGR of 4.8%. Foam plastics are largely used in building & construction, packaging, and furniture & bedding. The polyurethane segment is estimated to account for the largest share of the overall market due to its properties such as low heat conduction coefficient, low density, low water absorption, relatively good mechanical strength, and good insulating properties. Browse and in-depth TOC on “Foam Plastics Market” 119 – Tables 38 – Figures 174 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=260352983 Polyurethane resin segment is projected to be the largest segment of the foam plastics market....