New Report on Plastic Foams Industry 2017 1. Plastic Foams to 2017
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Freedonia Group
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2. Plastic Foams to 2017
The collection of ‘Plastics’ market research reports has a new addition of “Plastic
Foams to 2017” on RnRMarketResearch.com . This study analyzes the US foamed
plastics industry. It presents historical demand data for 2002, 2007 and 2012, and
forecasts for 2017 and 2022 by market (e.g., construction, packaging, household
products, motor vehicles) and resin (e.g., polyurethane, polystyrene, vinyl,
engineering plastics, polypropylene, HDPE, LDPE). The study also considers market
environment factors, details industry structure, evaluates company market share and
profiles industry players.
US demand to reach 8.6 billion pounds in 2017
US demand for plastic foams is forecast to reach 8.6 billion pounds in 2017,
mounting a healthy recovery from the declines posted during the recession
impacted 2007-2012 periods. The construction market is anticipated to enjoy
particularly robust growth prospects, as renewed strength in construction activity
generates significant opportunities for foam insulation products. Increased new
housing activity, along with heightened consumer spending levels, will bode well for
foams used in household products such as bedding, furniture, and appliances.
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3. Plastic Foams to 2017
Gains in this market will also be aided by the expanding popularity of memory foam
mattresses. In the motor vehicle market, advances will be promoted by rising vehicle
output and efforts to enhance safety and comfort.
Packaging to remain leading outlet for plastic foams
Packaging will remain the leading outlet for plastic foams through 2017, accounting
for over 30 percent of total volume. While this sector tends to be less cyclical than
other industries due to the significance of nondurable goods such as food, the
market is mature and will post steady but below average advances through the
forecast period. Gains will be constrained by ongoing environmental concerns
regarding the disposal of packaging foams, which have resulted in the establishment
of bans against foam foodservice containers in certain localities. Nevertheless,
demand will continue to be supported by the cost and performance advantages of
plastic foams over alternative materials, and by opportunities for foam used to
protect delicate items. Moreover, efforts to promote sustainability will generate
more interest in biodegradable packaging foams.
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4. Plastic Foams to 2017
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