Chemical & Materials Trending Elastomeric Foam Market | Page 3

Drivers & Restrain
• The market is witnessing growth because of the use of elastomeric foam as an insulation material
for energy saving.
• The growth of the industries such as HVAC, automotive, and electrical & electronics, and the
increasing use of elastomeric foam in these industries are expected to accelerate the growth of
the elastomeric foam market further.
• The elastomeric foam market is witnessing moderate growth.
• Factors restraining and challenging the growth of the market are the lack of awareness regarding
the energy benefits provided by elastomeric foam insulation, and the difficulty faced in the
disposal of used elastomeric foams.
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