CHICAGO, November 21, 2022 /PRNewswire/ — The “biobased foam market is expected to grow from $102 million in 2022 at $229 million by 2027, at a CAGR of 23.1% over the forecast period.” Major factors driving the growth of bio-based foam include the increasing adoption of bio-based materials by various end-use industries.
PDF download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=109520048
Browse In-Depth TOC on “Bio-Based Foam Market”
223 – Market Data Tables
35 – Numbers
208 – Pages
By feedstock, the sugarcane-based segment accounted for the highest share of bio-based foam market from 2022 to 2027.
By feedstock, the sugarcane-based segment accounted for the highest share of the bio-based foam market. A sugarcane-based foam is widely used in various end-use applications. Many large shoe manufacturing companies are increasingly using sugar cane-based foam in the soles of their shoes.
By type, the flexible segment accounted for the highest share of bio-based foam market from 2022 to 2027.
By type, the flexible segment accounted for the highest share of the bio-based foam market. Flexible bio-based materials find application mainly in the automotive, furniture and bedding sectors. The flexible bio-based foam meets the technical requirements of commercial-scale manufacturing processes, including packaging and mattresses.
By end-use industry, the automotive segment accounted for the highest share of bio-based foam market from 2022 to 2027.
By end-use industry, the automotive segment accounted for the highest share of the bio-based foam market. Automotive is one of the fastest growing industries which has led to an increase in demand for various raw materials including bio-based foam. Many major car manufacturers have started using bio-based foam for car interior upholstery and insulation.
Sample pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=109520048
Europe is the largest and fastest growing region in the bio-based foam market.
Europe represented as the largest bio-based foam market and is expected to show the fastest growth during the forecast period. The market for bio-based products is driven by the growing manufacturing industries in the region. Many countries in Europe are becoming the manufacturing hub of various global industries.
BASF SE (Germany), Huntsman Corporation (USA), Cargill, Incorporated (USA), Stora Enso (Finland), Braskem (United States), Woodbridge Foam Corporation (Canada), Bewi Group (Sweden), INOAC Company (Japan), Trocellen GmbH (Germany), Sealed Air Corporation (USA), RAMPF Group (Germany), Sinomax UNITED STATES (US), DomFoam (Canada), Ecoglobal Manufacturing (US) and Nomaco (US) are the major players in the bio-based foam market.
Get 10% free customization on this report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=109520048
Browse the adjacent market: Foam and Insulation Market Research Reports and advice
Related reports:
polyurethane foam market by Type (Rigid Foam, Flexible Foam, Spray Foam), End-Use Industry (Building & Construction, Bedding & Furniture, Automotive, Electronics, Footwear & Packaging) & Region – Global Forecast to 2026
https://www.marketsandmarkets.com/Market-Reports/polyurethane-foams-market-1251.html
foam market by type (polyurethane, polystyrene (EPS and XPS), polyolefin (PE, PP, EVA), phenolic, PET), type (rigid, flexible), end-use industry (construction, packaging, automotive, furniture and bedding, footwear ) and Region – Global Forecast to 2026
https://www.marketsandmarkets.com/Market-Reports/foam-market-81495607.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats that will impact 70%-80% of global business revenue. Currently serving 7,500 customers worldwide, including 80% of global Fortune 1000 companies as customers. Nearly 75,000 senior executives from eight industries around the world approach MarketsandMarkets™ for their revenue decision issues.
Our 850 full-time analysts and MarketsandMarkets™ SMEs track global high-growth markets by following the “Growth Engagement Model – GEM”. The GEM aims for proactive collaboration with customers to identify new opportunities, identify most important customers, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets™ now offers 1,500 MicroQuadrants (positioning top performers among Leaders, Emerging Companies, Innovators and Strategic Players) each year in high-growth emerging segments. MarketsandMarkets™ is determined to benefit over 10,000 companies this year for their revenue planning and help them bring their innovations/disruptions to market by providing research ahead of the curve.
MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store”, connects over 200,000 markets and entire value chains for a deeper understanding of unmet information, as well as market sizing and niche market forecasts.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Roads
Office 430
Northbrook, IL 60062
UNITED STATES: 1-888-600-6441
E-mail: [email protected]
Visit our website: https://www.marketsandmarkets.com/
Source of content: https://www.marketsandmarkets.com/PressReleases/bio-based-foam.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/bio-based-foam-market.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
SOURCE Markets and Markets
