Rising Scope of High Heat Foam Application in Automotive Industry to Attract New Investments, Opines Fact.MR

June 23, 2022

Rising Construction Activities in Emerging Economies Such As India and China Are Expected To Drive High Demand for High Heat Foam in These Countries

/EIN News/ -- United States, Rockville MD, June 23, 2022 (GLOBE NEWSWIRE) -- As of 2022, the high heat foam market stands at a value of US$ 10.77 billion and is expected to climb to US$ 23.26 billion by the end of 2032. This new analysis by Fact.MR, a market research and competitive intelligence provider, suggests that the high heat foam market will expand at a high CAGR of 8.1% from 2022 to 2032.

High heat foam are insulation materials that are capable of capturing heat and preventing its dissipation into the environment. Rising focus on sustainability and environment conservation has led to the increased adoption of high heat foam across industry verticals. Prominently, the construction and automotive industries are exhibiting high demand for high heat foam due to their excellent fire-resistant and heat-resistant properties.

For Critical Insights on High Heat Foam Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=7496

However, the volatile nature of petrochemicals and other raw materials used to manufacture high heat foam is expected to have a hindering effect on overall market growth to some extent.

Why is Heat-Resistant Silicone Foam So Popular?

“Excellent Fire-resistant Properties Driving Demand for Silicone Foam”

High temperature silicone foam is anticipated to witness the highest demand among any other foam type owing to its excellent fire-resistant properties. High heat silicone foam is anticipated to see high adoption in the construction industry as it prevents the spread of smoke and fire across rooms, and thereby improves the safety of the overall structure.

Silicone high heat foam is anticipated to witness an increase in demand at a CAGR of 9.3% throughout the forecast period and account for a major market share of 30.5% by the end of 2032.

Based on type, the high heat foam market is segmented into silicone, polyamide, melamine, polyethylene, and other types. Shipments of high heat polyamide foam currently account for a value of US$ 2.76 billion in 2022 and are projected to increase at a CAGR of 9.4% throughout the forecast period.

To learn more about High Heat Foam Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=7496

Key Segments Covered in the High Heat Foam Industry Survey

Competitive Landscape

Key high heat foam manufacturers are anticipated to maintain their dominant market shares and keep the market in a consolidated state.

New entrants are expected to have a hard time cracking the market as established players have already created a prominent market presence. However, innovative products and strategies could be used by new entrants to penetrate the market successfully and gain a significant market share.

Get Customization on High Heat Foam Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7496

Key players in the High Heat Foam Market

Key Takeaways from High Heat Foam Market Study

Fact.MR’s Domain Expertise in Chemicals and Materials Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemicals and materials team at Fact.MR helps clients from across the globe with their unique business intelligence needs.

With a repertoire of over thousand reports and 1 million-plus data points, the team has analysed the chemicals and materials division across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

Explore Fact.MR's Coverage on the Chemicals and Materials Domain-

Hyaluronic Acid Market- Sales of hyaluronic acid are predicted to increase at a CAGR of 7.9% from 2022 to 2032, at present, the global hyaluronic acid market stands at a valuation of US$ 11.31 billion and is estimated to rake in revenue worth US$ 24.11 billion by the end of 2032.

Europe Alkyl Polyglucoside Market- During the projected period, the Europe alkyl polyglucoside market is predicted to grow at a CAGR of 5% across the 2022-2032 period of assessment. By the end of the said forecast duration, a market valuation worth US$ 700 Million is projected. As of 2021, the market was valued at US$ 430 Million, which is expected to rise to US$ 450 Million by 2022-end, reflecting a Y-o-Y increase of 4.6%.

Europe High Temperature Coatings Market- Consumption of high temperature coatings across Europe is estimated to reach a value of US$ 2.15 billion by the end of 2032, up from US$ 1.46 billion at present, expanding at a CAGR of 3.9% during the forecast years of 2022-2032.

Bioinspired Materials Market- The global sales of the Bioinspired Materials in 2021 was held at US$ 40.1 Bn. With 5.7%, the projected market growth during 2022 - 2032 is expected to be slightly lower than the historical growth. Revenue through Medical application is expected to be the highest revenue generator, with a projected CAGR of over 7% during 2022 – 2032.

Chameleon Inspired Polymers Market- The global sales of the Chameleon-inspired Polymers in 2021 were held at US$ 850 Million. With 12%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth. The Shape Memory Polymers is expected to be the highest revenue-generating category, projected to register an absolute dollar opportunity of US$ 1.6 Billion during 2022 – 2032.

Europe Ductile Iron Pipes Market- The ductile iron pipes market in Europe has reached a valuation of US$ 1.16 billion in 2022. Projections are that ductile iron pipe sales across the region will increase at a CAGR of 3.4% to push the market to US$ 1.63 billion by the end of 2032.

Coupling Agents Market- The global sales of Coupling Agents in 2021 was held at US$ 519.4 Million and is projected to reach US$ 812.1 Million by the end of 2032. With 4.2%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth.

Diesel Oxidation Catalysts Market- The global market for Diesel Oxidation Catalysts, which was anticipated to be worth US$ 1.4 Bn in 2022, is expected to rise to US$ 2.8 Bn by 2032, at a CAGR of 2.9% throughout the analysed period.

Glutathione Agarose Resin Market- The global Glutathione Agarose Resin market is estimated at US$ 332.6 Mn in 2022 and is projected to reach a valuation of US$ 1.3 Bn by 2032, expanding at a CAGR of 7% through the forecast period of 2022-2032.

Oleate Esters Market- Newly-released Oleate Esters Market analysis report by Fact.MR shows that global sales of Oleate Esters Market in 2021 were held at US$ 1.8 Bn. Oleate Esters Market is projected to reach valuation of US$ 3.3 Bn, expanding at a CAGR of 5.8% by 2032.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter