One Component Foam Market: Global Outlook and Forecast Based on Upcoming Trends Analysis through 2018-2027

Posted on 2019-09-30 by Mark Hub in Chemicals // 0 Comments

The report studies the one component foam market worldwide, especially in North America, Europe, Southeast Asia, India and Other Regions with production, size, growth, revenue, consumption, import and export in these regions. In order to study the various trends and patterns prevailing in the concerned market, Fact.MR has included a new report on one component foam market to its wide online database including upcoming trends and market growth factors through 2027. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants.

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Notable Developments in the One Component Foam Market

Polypag AG, Switzerland-based manufacturer of one component foam, recently announced that Sika AG, a specialty chemical company headquartered in Baar, Switzerland, has agreed to acquire the company. With this acquisition, Sika AG aims to expand its product portfolio and expertise in the area of polyurethane foam development, which can improve the market penetration of its polyurethane foam-based products. On completing this acquisition, Sika may emerge as one of the leading players in the one component foam market in the upcoming years.
The Dow Chemical Company (Dow), a U.S.-based leading manufacturer in the one component foam market, has declared its plans to expand its production facility for polyurethane foam to be in-line with its strategies to invest more in polyurethanes market in the Asia Pacific region. The company recently opened a world-class polyol plant in Rayong, Thailand, to increase the company’s manufacturing capacities to deliver high-quality rigid polyurethane foam.
Another manufacturing company with a significant share in the one component foam market revenue, Henkel Ag & Co. is focusing on expanding its product portfolio of a wide range of adhesives targeted at the healthcare industry. The company aims to deliver new LED curing adhesives manufactured using thermoplastic polyurethanes (TPU) and thermoplastic elastomers (TPE) for flexible medical devices to capitalize on the recent developments in next-gen smart health devices for the profitable growth of its adhesives business.

The report conducts a thorough research on the recent activities of several one component foam market players including Aerosol-Service A.S., Akkim Construction Chemicals, Castelein Sealants, Dap Products, Den Braven Sealants, Dow Chemical Company, Foshan Gunuo Silicone Co., Hanno-Werk Austria, Henkel Ag & Co., Krimelte OÜ, Larsen Building Products, Matadorfix Bohemia, Mccoy Soudal Sealants Adhesives & Foams, Polypag, and Profflex Mounting Foams.

Vendor landscape Remains Highly Splintered in One Component Foam Market

Tier I companies in the one component foam market hold the revenue share of around 35-40% and Tier II & III stakeholders account for 25-30% and 30-35% revenue shares, respectively. The one component foam market is expected to remain highly fragmented with the presence of a large number of stakeholders in the market in several regions.

Frontrunners have adopted strategies to grow inorganically in the one component foam market, by acquiring local market players and through partnerships and joint ventures. The presence of top-tiered market players and needs for high initial investments create barriers to entry for Tier II & III stakeholders. However, they are paving their way in the market by introducing application-specific features of one component foams to target a wide range of end-users.

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The revival of the construction industry in developed regions such as North America and Europe, and recent infrastructural developments in emerging countries has spurred the rise of the one component foam market. One component foam manufacturers are focusing on improving characteristics and features to suit specific needs of end-users from the construction industry to bolster sales with exponentially growing construction industry. Additionally, the recent trend of sandwich paneling has provided a boost to the use of one component foam as a construction sealant. Thereby, innovations in the construction industry are likely to diversify the applications of one component foam, which will influence growth prospects of the one component foam market in the upcoming years.

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