Microcellular Plastics Market by Type (Polyvinyl Chloride (PVC), Polystyrene (PS), Polycarbonate (PC) and Polyethylene Terephthalate (PET)), Application (Aircraft, Toys, Home Decorative, and Others), and End User (Construction, Food Packaging, Electronics, Automobile and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
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A06178
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Jul 2020 |
331 Views
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Author(s) :
Eswara Prasad
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Microcellular plastics, also known as microcellular foam, are produced by gas nucleation. These consist of miniaturized pores in the polymer medium whose aperture size is not more than 100 micrometers. Microcellular plastic is a new generation plastic developed by Massachusetts Institute of Technology (MIT). They possess diminutive residual stress, short process duration, less material utilization property, and better mechanical properties when compared with other type of plastics. These are light-weight and exhibit several useful properties, such as heat insulation, discriminating light transmission & diffusion, sound insulation, and energy absorption. These plastics are explicitly manufactured to create smaller scale pores that involve three essential properties, induced thermodynamic in stability, create a gas or polymer solution, and control the growth of stable nuclei.
Rise in interest for high performance materials in different end-user industries is expected to drive the market. Proliferating demandfor microcellular plasticinthe packaging segment owing to its biodegradability and environment friendly properties is expected to drive the market growth. Moreover, rise in demand for microcellular plastics owing to its high strength-to-weight ratio and low density is expected to fuel the segment growth in aviation sector. However, due to less commercial application of microcellular plastics and its high material cost, industry players are looking for alternatives that may hinder the growth. But increase in application of environment friendly inert gas in microcellular plastics production is anticipated to target new potential customers in the upcoming years.
The microcellular plastics market is segmented into type, application, end user and region. By type, the market is categorized as polyvinyl chloride (PVC), polystyrene (PS), polycarbonate (PC) and polyethylene terephthalate (PET). By application, the market is divided into aircraft, toys, home decorative and others. Due to its high strength to weight ratio microcellular plastic is widely used in aircraft segments. By end user, the market is classified into construction, food packaging, electronics, automobiles and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa).
Some of the key players operating in the global microcellular plastics market are Ingenia Polymers Corp., Saint-Gobain,BASF SE, Lavergne Performance Compounds, General Plastics Manufacturing Company, Rogers Corporation, INOAC Corporation, Mearthane Products Corporation, and others.
Key Benefits for Stakeholders:
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size has been analyzed across four major regions.The global microcellular plastics market
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Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario for strategy building.
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The report outlines the current market trends and future scenario of the market size from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
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Major countries in each region have been mapped according to their individual revenue contribution to the regional market.
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The key drivers, restraints, opportunities, and trends along with their detailed impact analysis are elucidated in the study.
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The global microcellular plastics market analysis covers in-depth information of the major industry participants.
Scope of the Report:
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Report Metric |
Details |
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Market size available for years |
2019–2027 |
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Base year considered |
2019 |
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Forecast period |
2020–2027 |
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Forecast units |
Value (USD), Volume (Tons) |
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Segments covered |
Type, Application, End User, and Region |
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Regions covered |
North America, Europe, Asia-Pacific, and LAMEA |
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Companies covered |
Ingenia Polymers Corp., Saint-Gobain,BASF SE, Lavergne Performance Compounds, General Plastics Manufacturing Company,Rogers Corporation, INOAC Corporation, Mearthane Products Corporation, and others |
Key Market Segmentation:
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ATTRIBUTE |
DETAILS |
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By Type |
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Applications |
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End User |
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By Region |
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Questions answered in the microcellular plastics market research report:
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What is the growth rate of the market during the forecast period?
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What will be the global microcellular plastics market size from 2020 to 2027?
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Who are the leading manufacturing companies in the market?
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How the major current trends will shape the global microcellular plastics market in the future?
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What are the market threats in the market?
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What are the opportunities in the global microcellular plastics market?
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