Market Analysis Report High Heat Foam Market | Page 2
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Applications comprise industrial, automotive, locomotive, aerospace, and others. Automotive, with 33%
of the market volumes, was the largest consumer in 2015. It should grow at a CAGR of 5.4% over the
next eight years. High heat foams are extensively used in the interiors of high performance cars to
improve their engines’ capabilities. Aerospace applications accounted for USD 1.2 billion in 2015.
North America, Asia Pacific, Europe, Central & South America, and MEA (the Middle East & Africa)
constitute the regional segments. Asia Pacific reigned in 2015, with over 39% volumes. Demand in
North America exceeded 250 kilo tons in 2015. However, this region’s growth would be stagnant till
2024.
Key competitors in the global high heat foam market include Armacell International S.A., Wacker
Chemie AG, UBE Industries Ltd., Evonik Industries, and Rogers Corporation. They focus on
development of new products to gain market share.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals-
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