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Polyethylene (PE) Foam Market by Application, Type, and Geography - Forecast and Analysis 2023-2027

  • Published: Jan 2023
  • Pages: 166
  • SKU: IRTNTR45581
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The polyethylene (PE) foam market is estimated to grow at a CAGR of 6.16% between 2022 and 2027. The size of the market is forecast to increase by USD 2,519.85. The growth of the market depends on serval factors, including growing demand from emerging economies, increasing use of PE foam insulation in the construction industry, and strong demand from the automotive industry.

This report extensively covers market segmentation by application (packaging, automotive, building and construction, footwear, and others), type (XLPE foam and non-XLPE foam), and geography (APAC, Europe, North America, Middle East and Africa, and South America).  It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Polyethylene (PE) Foam Market During the Forecast Period?

Polyethylene (PE) Foam Market Size

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Parent Market Analysis

The reports categorize the global polyethylene (PE) foam market as a part of the global commodity chemicals market within the global chemicals market. The global commodity chemicals market covers companies that primarily produce industrial and basic chemicals, including, but not limited to, plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Polyethylene (PE) Foam Market: Key Drivers, Trends, Challenges, and Customer Landscape

The strong demand from the automotive industry is notably driving the market growth, although factors such as volatility in raw material prices may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Polyethylene (PE) Foam Market Driver

The strong demand from the automotive industry is notably driving market growth. PE foams are used in the automotive industry in various applications such as thermal insulation; noise and vibration reduction; sealing against air, water, and dust; carrier function for adhesive allowing positioning of objects on uneven surfaces; and sound reflection.

The increase in the demand for PE foams from the automotive industry is a major driver contributing to the growth of the global PE foam market. Thus, the growth in the automotive industries, coupled with their increasing suppliers, is a significant pointer toward the rise in the demand for PE foams globally during the forecast period.

Significant Polyethylene (PE) Foam Market Trend

Augmented investment in the R&D of PE foams is the primary trend in the market. The demand for PE foams from various end-users, such as the automotive industry, is expected to increase during the forecast period. Therefore, vendors in the market are investing substantially in research and development (R&D) to develop advanced, bio-based, and recyclable PE foams. Major manufacturers are investing heavily in order to study PE foam packaging of any type, using modern and efficient technologies for development.

Vendors are also working on increasing the shock absorbency and elasticity of PE foams to provide excellent protection to the packed products for packaging and shipping. In addition, investments in R&D are expected to provide new applications of PE, opening new opportunities. Thus, such R&D activities will augment the growth of the global PE foam market during the forecast period.

Major Polyethylene (PE) Foam Market Challenge

Volatility in raw material prices is the major challenge impeding market growth. There have been volatile demands owing to the uncertainty in the economic activities in the raw material market. The economic scenario plays a vital role in having a broader outlook on the performance of the market. If there is a positive outlook for the market, the demand fluctuations observed are less, leading to many opportunities for the growth of PE foams sales and, in turn, sales of the products offered by the end-use industries.

Raw material costs in the global PE foam market differ for many reasons, some of these being the consumption of the raw material in a particular market and the pricing structure of the concerned raw material. Different regions have different pricing structures based on the exports or imports by raw material-producing countries. This entails differential costs around the globe. The volatility in the prices of raw materials impacts the margins of the PE foam manufacturers, acting as one of the roadblocks to the growth of the global PE foam market during the forecast period.

Key Polyethylene (PE) Foam Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Polyethylene (PE) Foam Market Share by Geography

Global Polyethylene (PE) Foam Market Customer Landscape

Who are the Major Polyethylene (PE) Foam Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Wisconsin Foam Products - The company offers flexible closed-cell polyethylene foams which are water and chemical resistant, thus available in varying densities along with different colors. Under this segment, the company is involved in offering original equipment manufacturing flexible foam product solutions such as finished foam products, components, assemblies, and packaging.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • FoamPartner Switzerland AG
  • Hira Industries LLC
  • INOAC Corp.
  • Johnson Foam Industry
  • JSP Corp.
  • Mitsui Chemicals Inc.
  • Orlando Products Inc.
  • Palziv Inc.
  • PAR Group Ltd.
  • Pregis LLC
  • PTI Rubber and Gaskets Inc.
  • Rogers Foam Corp.
  • Sanwa Kako Co. Ltd.
  • Sealed Air Corp.
  • Zotefoams Plc

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Polyethylene (PE) Foam Market?

The market share growth of the packaging segment will be significant during the forecast period. PE foams are extensively used in protective packaging. They have a soft feel and are flexible, durable, lightweight, and resilient. They also have a closed-cell structure. They are primarily used for protective packaging of furniture, electronics, automotive parts, and other products. PE foams are shock-sensitive, waterproof, mechanically resistant, chemically resistant, and fully recyclable. These factors will facilitate market growth during the forecast period. 

Polyethylene (PE) Foam Market Size

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The packaging segment was valued at USD 1.821.57 million in 2017 and continued to grow until 2021The demand for recyclable packaging is increasing. This industry is leading in manufactured waste recovery and recycling. At present, approximately 90% of manufactured waste PE foam is recovered for the use of alternative packaging. The expanding demand for PE foam in the growing packaging industry due to its superior packaging properties will drive this market during the forecast period.

Which are the Key Regions for the Polyethylene (PE) Foam Market?

Polyethylene (PE) Foam Market Share by Geography

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APAC is estimated to contribute 49% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Population growth, economic growth, and the rise in disposable incomes of individuals in India and the Philippines are the prime factors fostering the growth of many applications of PE foams in APAC. The growth is expected to gain pace during the forecast period.

Urbanization and industrialization, along with the need for energy-efficient buildings, are enhancing the need for insulation. Some countries in APAC are facing power shortages, forcing domestic and commercial entities to explore ways of conserving energy. Energy efficiency provided by PE foam insulation will be one of the primary drivers for market growth in APAC. One of the factors influencing the market growth in the region is the increasing number of construction activities. For instance, in December 2022, Sunway Healthcare announced an investment of approximately USD 70 million to set up the Sunway Medical Centre Penang (SMCP), its first hospital outside of the Klang Valley in Malaysia. In January 2020, Samsung announced its investment plan to construct a new smartphone display plant in India.

The PE foam market in the region witnessed certain challenges due to the COVID-19 outbreak. However,  the recommencement of operations in end-user industries such as automobile and construction augmented the demand for PE foam. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Packaging
    • Automotive
    • Building and Construction
    • Footwear
    • Others
  • Type Outlook (USD Million, 2017 - 2027)
    • XLPE foam
    • Non-XLPE foam
  • Region Outlook (USD Million, 2017 - 2027)
    • APAC
      • China
      • India
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • North America
      • The U.S.
      • Canada
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina

Polyethylene (PE) Foam Market Scope

Report Coverage

Details

Page number

166

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.16%

Market growth 2023-2027

USD 2,519.85 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.89

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 49%

Key countries

US, United Arab Emirates, China, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

All Foam Products Co., Armacell International SA, Clark Foam Products Corp., Dafa AS, FoamPartner Switzerland AG, Hira Industries LLC, INOAC Corp., Johnson Foam Industry, JSP Corp., Mitsui Chemicals Inc., Orlando Products Inc., Palziv Inc., PAR Group Ltd., Pregis LLC, PTI Rubber and Gaskets Inc., Rogers Foam Corp., Sanwa Kako Co. Ltd., Sealed Air Corp., Wisconsin Foam Products, and Zotefoams Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Polyethylene (PE) Foam Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the polyethylene foam market between 2023 and 2027
  • Precise estimation of the polyethylene (pe) foam market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of polyethylene (pe) foam market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global polyethylene (PE) foam market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global polyethylene (PE) foam market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Packaging - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Packaging - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Packaging - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Packaging - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Packaging - Year-over-year growth 2022-2027 (%)
    • 6.4 Automotive - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.5 Building and construction - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Building and construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Building and construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Building and construction - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Building and construction - Year-over-year growth 2022-2027 (%)
    • 6.6 Footwear - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Footwear - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Footwear - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Footwear - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Footwear - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 55: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 56: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 57: Chart on Comparison by Type
      • Exhibit 58: Data Table on Comparison by Type
    • 7.3 XLPE foam - Market size and forecast 2022-2027
      • Exhibit 59: Chart on XLPE foam - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on XLPE foam - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on XLPE foam - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on XLPE foam - Year-over-year growth 2022-2027 (%)
    • 7.4 Non-XLPE foam - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Non-XLPE foam - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Non-XLPE foam - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Non-XLPE foam - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Non-XLPE foam - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 67: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 69: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 71: Chart on Geographic comparison
      • Exhibit 72: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 United Arab Emirates - Market size and forecast 2022-2027
      • Exhibit 109: Chart on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Data Table on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
      • Exhibit 111: Chart on United Arab Emirates - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on United Arab Emirates - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 113: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 114: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 116: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 117: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 118: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 119: Matrix on vendor position and classification
            • 12.3 All Foam Products Co.
              • Exhibit 120: All Foam Products Co. - Overview
              • Exhibit 121: All Foam Products Co. - Product / Service
              • Exhibit 122: All Foam Products Co. - Key offerings
            • 12.4 Armacell International SA
              • Exhibit 123: Armacell International SA - Overview
              • Exhibit 124: Armacell International SA - Business segments
              • Exhibit 125: Armacell International SA - Key news
              • Exhibit 126: Armacell International SA - Key offerings
              • Exhibit 127: Armacell International SA - Segment focus
            • 12.5 Clark Foam Products Corp.
              • Exhibit 128: Clark Foam Products Corp. - Overview
              • Exhibit 129: Clark Foam Products Corp. - Product / Service
              • Exhibit 130: Clark Foam Products Corp. - Key offerings
            • 12.6 Dafa AS
              • Exhibit 131: Dafa AS - Overview
              • Exhibit 132: Dafa AS - Product / Service
              • Exhibit 133: Dafa AS - Key offerings
            • 12.7 FoamPartner Switzerland AG
              • Exhibit 134: FoamPartner Switzerland AG - Overview
              • Exhibit 135: FoamPartner Switzerland AG - Product / Service
              • Exhibit 136: FoamPartner Switzerland AG - Key offerings
            • 12.8 Hira Industries LLC
              • Exhibit 137: Hira Industries LLC - Overview
              • Exhibit 138: Hira Industries LLC - Product / Service
              • Exhibit 139: Hira Industries LLC - Key offerings
            • 12.9 INOAC Corp.
              • Exhibit 140: INOAC Corp. - Overview
              • Exhibit 141: INOAC Corp. - Product / Service
              • Exhibit 142: INOAC Corp. - Key offerings
            • 12.10 Johnson Foam Industry
              • Exhibit 143: Johnson Foam Industry - Overview
              • Exhibit 144: Johnson Foam Industry - Product / Service
              • Exhibit 145: Johnson Foam Industry - Key offerings
            • 12.11 JSP Corp.
              • Exhibit 146: JSP Corp. - Overview
              • Exhibit 147: JSP Corp. - Business segments
              • Exhibit 148: JSP Corp. - Key offerings
              • Exhibit 149: JSP Corp. - Segment focus
            • 12.12 Mitsui Chemicals Inc.
              • Exhibit 150: Mitsui Chemicals Inc. - Overview
              • Exhibit 151: Mitsui Chemicals Inc. - Business segments
              • Exhibit 152: Mitsui Chemicals Inc. - Key offerings
              • Exhibit 153: Mitsui Chemicals Inc. - Segment focus
            • 12.13 Orlando Products Inc.
              • Exhibit 154: Orlando Products Inc. - Overview
              • Exhibit 155: Orlando Products Inc. - Product / Service
              • Exhibit 156: Orlando Products Inc. - Key offerings
            • 12.14 Palziv Inc.
              • Exhibit 157: Palziv Inc. - Overview
              • Exhibit 158: Palziv Inc. - Product / Service
              • Exhibit 159: Palziv Inc. - Key offerings
            • 12.15 Pregis LLC
              • Exhibit 160: Pregis LLC - Overview
              • Exhibit 161: Pregis LLC - Product / Service
              • Exhibit 162: Pregis LLC - Key offerings
            • 12.16 Wisconsin Foam Products
              • Exhibit 163: Wisconsin Foam Products - Overview
              • Exhibit 164: Wisconsin Foam Products - Product / Service
              • Exhibit 165: Wisconsin Foam Products - Key offerings
            • 12.17 Zotefoams Plc
              • Exhibit 166: Zotefoams Plc - Overview
              • Exhibit 167: Zotefoams Plc - Business segments
              • Exhibit 168: Zotefoams Plc - Key offerings
              • Exhibit 169: Zotefoams Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Polyethylene (PE) Foam market growth will increase by $2519.85 million during 2023-2027.
              The polyethylene (pe) foam market is expected to grow at a CAGR of 6.16% during 2023-2027.
              Technavio has segmented the polyethylene (pe) foam market by application (Packaging, Automotive, Building and construction, Footwear, and Others) ,type (XLPE foam, Non-XLPE foam, Building and construction, Footwear, and Others) , and geography (APAC, Europe, North America, Middle East and Africa, and South America).
              All Foam Products Co., Armacell International SA, Clark Foam Products Corp., Dafa AS, FoamPartner Switzerland AG, Hira Industries LLC, INOAC Corp., Johnson Foam Industry, JSP Corp., Mitsui Chemicals Inc., Orlando Products Inc., Palziv Inc., PAR Group Ltd., Pregis LLC, PTI Rubber and Gaskets Inc., Rogers Foam Corp., Sanwa Kako Co. Ltd., Sealed Air Corp., Wisconsin Foam Products, Zotefoams Plc are a few of the key vendors in the polyethylene (pe) foam market.
              APAC will register the highest growth rate of 49.27% among the other regions. Therefore, the polyethylene (pe) foam market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • United Arab Emirates
              • China
              • India
              • Germany
              The key factors driving the polyethylene (pe) foam market growth are:
              • Growing demand from emerging economies
              • Growth in furniture industry driven by expanding population
              The polyethylene (pe) foam market vendors should focus on grabbing business opportunities from the packaging segment as it accounted for the largest market share in the base year.
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