Elastomeric Foam Market by Function (Thermal Insulation, Acoustic Insulation), by Type (EPDM, Nitrile Rubber (NBR), by Application (HVAC, Automotive & Transportation, Electrical & Electronics, Others), by North America (By Function, By Type, By Application, By Country), by Canada (By Function), by Mexico (By Function), by Europe (By Function, By Type, By Application, By Country), by UK (By Function), by France (By Function), by Italy (By Function), by Asia Pacific (By Function, By Type, By Application, By Country), by India (By Function), by Japan (By Function), by South Korea (By Function), by Latin America (By Function, By Type, By Application, By Country), by Middle East & Africa (By Function, By Type, By Application, By Country), by South Africa (By Function) Forecast 2024-2032
The global elastomeric foam market size was valued at USD 7.8 billion in 2023 and is projected to reach a value of USD 11.5 billion by 2032, exhibiting a CAGR of 5.1% from 2023 to 2032. Elastomeric foam is synthetic rubber composed of closed cell structure. It is widely used as insulation due to its unique properties such as moisture resistance, excellent thermal insulation, sound insulation and durability. Elastomeric foam is flexible in nature which makes it less susceptible to cracking & breaking and reduces material loss as compared to rigid insulation solutions. Elastomeric foam is used for various interior as well as exterior applications such as warm & cold water lines, HVAC equipment, refrigeration piping, duct systems, marine & offshore, vehicles like truck, bus, caravan, etc. and insulation in industrial plants.
By Function:
By Type:
By Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.1% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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