Global PVC Foam Market: Key Highlights
Global PVC Foam Market: Key Market Dynamics
Global PVC Foam Market: Regional Overview
North America is expected to hold significant share in the global PVC Foam market, on account of the rising spending in infrastructural development. The US Census Bureau states that the construction spending in the US in December 2019 was USD 1,327.7 billion.
Asia-Pacific emerged as the fastest-growing region for the PVC Foam market, owing to the ever-expanding industrial base in the region. Major contributors to the market growth include China, India, and Japan, among others. With government initiatives such as Net Zero Imports and Make in India are expected to result in rapid industrial development, thus resulting in construction activities, further driving the PVC foam market.
Global PVC Foam Market: Key Players Overview
CoreLite is a global manufacturer of advanced foam & balsa core materials. It has 4 manufacturing facilities across the globe and sells its products in more than 40 countries.
In December 2018, the company entered in partnership with Biesterfeld Spezialchemie to sell its CoreLite core materials in Germany, UK, and the Baltic States. The CoreLite product range includes BALSASUD Core, CoreLite PET, CoreLite PVC foams, and CoreLite Board.
ARMACELL is a leading provider of engineered foams and develops innovative and safe thermal, acoustic, and mechanical solutions. In October 2017, the company acquired Danmat, Ølstykke, Denmar and integrated insulation cladding products based on PVC and polyurethane.
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