Chemical & Materials Trending Elastomeric Foam Market | Page 4

Market Insights
o On the basis of type, synthetic rubber was the largest segment of the elastomeric foam market in
2017. The larger market size of synthetic rubber as compared with natural rubber is due to its
better properties for use in various applications.
o NBR is the most widely used synthetic rubber type because of its superior properties and a
relatively lower cost than the other types of synthetic rubber.
o On the basis of end-use industry, HVAC is estimated to be the largest segment of the elastomeric
foam market in 2018.
o The increasing population and stringent regulations for energy efficiency drive the demand for
HVAC systems, which in turn, increases the consumption of elastomeric foam in making new
HVAC systems.
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