Asia Automotive Foam Market Production, Market Major Players, Market Growth - Ken Research

Evolution in Asia’s Automobile Sector and Demand for Polyurethane Foam to Boost Automotive Foam Industry: Ken Research

Automotive foams are polymer foams manufactured by combining two phases, gas phase and solid phase to develop foams. This process results in development of foam incorporated with either air bubbles or air tunnels which are either closed cell structure or open cell structure. Foams with open cells are flexible while foams with closed cells are rigid. Chemical or physical gas is used as a blowing agent in the manufacturing of automotive foams. All the polymer foams are produced using various methods such as extrusion, slab-stock and moulding. Polymer foams are used in automotive industry, packaging industry, construction, furniture and other industries. Asia automotive foams market is categorized based on type of material such as polyurethane, polyolefin, styrenic, polyvinyl chloride, phenolic, melamine, starch foams, biodegradable foams and others. Automotive foams are utilized in manufacturing industries such as instrument panels, seating, door panels, headliners, water shields, gaskets, seals, Noise-Vibration and Harshness (NVH) solutions and others. Automotive foams are used in automobiles such as compact passenger cars, mid-sized passenger cars, premium passenger cars, luxury passenger cars, light commercial vehicles, heavy commercial vehicles, and two-wheeler.

The major factors driving Asian automotive foams market are low density foam products, weight reduction characteristics and cost effectiveness. Automotive foams are used as optimal insulators with low heat transfer properties; flexibility and softness in automotive foams provide extra comfort to the passengers, growing consumer preference for polymer foams in vehicles and manufacturer’s approval towards automotive foam products in commercial vehicle are the other factors driving the demand for automotive foams in Asia.

According to the study “Asia Automotive Foam Industry Situation and Prospects Research report”, Asian automotive foams market faces major market challenges such as waste disposal, flammability, recyclability and adverse effects of blowing agents on the environment which are directly hampering the growth of the market. The leading players in automotive foams in Asia are Woodbridge Foam Corp, Dow Chemical Co., Adient Plc., Recticel, Caligen Foam, Saint-Gobain SA, BASF SE, Lear Corp, Zotefoams Plc, and Bridgestone Corp. Various other applications of automotive foams in Asia are calendering process resin, seating, door panels, headliners, water shields and others industries. Geographically, Asian automotive foams market is spread across China, India, Japan, Korea, Saudi Arabia and other regions.

The increasing consumer’s disposable income and urbanization in Asia has witnessed a significant growth in automobile industry and automotive foam products. China is the leading consumer of automotive foams in Asia due to the rapid growth in the manufacture of heavy commercial vehicle and passenger cars in the automotive industry. An automobile per household has become a necessity and status symbol in the society due to modernization which is driving the automobile market coupled with automotive foam market. Majority of the polyurethane foams are used for seats in the automobiles due to their excellent features such as ease of installation, minimal weight, fire resistance, thermal resistance, and low cost. It was observed that there is a huge demand for polyurethane foam in Asia compared to the other variants of foams and polyurethane foam is expected to remain on the top over the next few years.

To know more click on the link below:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/asia-automotive-foam-industry-situation-and-prospects-research-report/145678-100.html

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