The market for automotive foams is anticipated to be worth US$ 42,300.0 million in 2022 and to rise to US$ 122,289.2 million between 2022 and 2032 at a CAGR of 11.2%. Growth in developing nations is attributed to increasing purchasing power parity and discretionary income.
To create a foam, gas and solid phases must be combined too quickly for the system to react smoothly. Automotive foams are often polymer foams and are made up of these two phases. Air bubbles or air tunnels, also known as closed cell structures or open cell structures, are added to the final foam. While closed-cell foams are often rigid, open-cell foams are typically flexible.
Chemical blowing agents are those gases that participate in the chemical reaction and afterward break down to release chemicals during the foaming process, whereas physical blowing agents are those gases that are not directly involved in the chemical reaction and are therefore inert. Extrusion, slab-stock by pouring, and other molding techniques are just a few of the ways polymer foams can be made. There are several different kinds of polymer foams, including polyurethane, starch foams, and biodegradable foams. Polymer foams are used in a variety of industries, including the automotive, packaging, building and construction, furniture, and bedding industries. Molding and slapstick are the two main ways that automotive foams are made.
Segmentation of the global automotive foams market
The kinds, applications, and end-use industries of the automotive foams market may all be divided into submarkets. The market for automotive foams can be divided into categories based on type, including polyurethane, starch foams, biodegradable foams, and others. The instrument panels, seating, door panels, headliners, water shields, gaskets, seals, Noise-Vibration and Harshness (NVH) solutions, and others make up the application-based segments of the global automotive foams market. The global automotive foams market can be divided into passenger automobiles, light commercial vehicles (LCV), and heavy commercial vehicles based on the end-use industry (HCV).
Key Players
Woodbridge Foam Corporation, Bridgestone Corporation, Johnson Controls, The Dow Chemical Company, BASF Chemical Company, Lear Corporation, Vitafoams, Saint-Gobain, Armacell, and Recticel among others.
