Bulkchemicals Market Reports High Heat Foam Market Trends, 2024

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High Heat Foam Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024 | Hexa Research
" The emerging high heat foam global market is
anticipated to witness significant growth from USD
7.55 billion in 2016 to USD 14 Billion By 2024."
Global High Heat Foam Market was worth USD 7.5 billion in 2015. It is expected to grow to USD 14 billion by
2024. This can be attributed to escalating demand from aerospace and automotive sectors. Developing
countries like Brazil and India are lucrative markets for automotive and industrial applications of high heat
foam.
Usage of foam insulation lowers energy wastage. This coupled with stringent environmental regulations is
boosting its consumption across industrial sectors. High heat foam is also used in sports and leisure, particularly
in Asia Pacific.
The worldwide high heat foam market is categorized on the basis of products, applications, and regions.
Products are divided into melamine, silicone, polyimide, polyethylene, and others. Silicone dominated the
market in 2015. It accounted for 35% of the total revenues that year, and is likely to grow at a CAGR of 5.4%
from 2016 to 2024 (forecast period). Industrial applications generate most of the demand for silicone products.
Browse Details of Report @ https://www.hexaresearch.com/research-report/high-heat-foam-market
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