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Europe Low Density Polyethylene (LDPE) Foams Market to Reach Valuation of US$ 720 Mn by 2031: Transparency Market Research

Europe Low Density Polyethylene (LDPE) Foams Market: Introduction

Transparency Market Research delivers key insights on the Europe low density polyethylene (LDPE) foams market. In terms of value, the Europe low density polyethylene (LDPE) foams market is expected to expand at a CAGR of 5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the Europe low density polyethylene (LDPE) foams market.

Low-density polyethylene (LDPE) foams are closed cell foams with semi-rigid structure. Low density polyethylene (LDPE) foams possess varying textures and appears soft akin to urethane foams or harder akin to some polystyrene foams. Expanded low density polyethylene (LDPE) foams and cross-linked low density polyethylene (LDPE) foams are the two general types of low density polyethylene (LDPE) foams. These are distinguishable by the process with which they are formed. Low density polyethylene (LDPE) foams are used in various applications, owing to their various desirable properties, including water resistance, chemical resistance, compressive strength, energy absorbance, buoyancy, and cushioning. Low density polyethylene (LDPE) foams tend to exhibit more compressive creep, i.e. low density polyethylene (LDPE) foams become less thick over time than higher-density foams. Low density polyethylene (LDPE) foams are often used in electric materials, as these foams are ideal for applications that require dielectric strength and constancy. Additionally, many applications that must perform in the presence of water depend on low density polyethylene (LDPE) foams for their high water resistance and buoyancy. Low density polyethylene (LDPE) foams are employed in the packaging industry to protect products, as these foams absorb energy and can achieve different levels of cushioning protection, depending on the exact density of the foam.

Europe Low Density Polyethylene (LDPE) Foams Market: Dynamics

The demand for sports equipment/products is increasing at a rapid pace in Europe, due to the rise in urbanization and growth in disposable income of consumers. According to the Federation of the European Sporting Goods Industry (FESI), there are more than 2,000 sporting goods manufacturers in Europe and the industry has annual turnover more than US$ 95 Bn. Foam products have broad applications in the sports & leisure industry. Flexible foams possess a range of advantageous properties such as low density, low weight, and low heat transfer. These foams are soft and flexible, offering comfort as well as functionality. This makes them suitable for various applications. Low density polyethylene (LDPE) foams are being increasingly employed in the sports industry, as they possess better physical properties such as high elasticity. Low density polyethylene (LDPE) foams also provide protection against repeated shock from relatively high stresses. The low density polyethylene (LDPE) foams market in Europe has been expanding significantly, owing to the benefits of these foams such as water resistance, chemical resistance, compressive strength, energy absorbance, buoyancy, and cushioning. Europe is one of the leading regions of the global automotive industry. The turnover generated by the automotive sector represents 7% of the EU’s total GDP. There are 290 automobile assembly and engine production plants in Europe; of these, 135 factories produce passenger cars, 37 make light commercial vehicles, 54 build heavy-duty vehicles, 58 produce buses, and 71 make engines. Low density polyethylene (LDPE) foams are largely used in the automotive industry due to their compressive strength. The automotive industry has been striving to lower the weight of the average car, and thus improve fuel consumption and performance. In line with this, manufacturers have started using low density polyethylene (LDPE) foams in commercial and small private vehicles. Low density polyethylene (LDPE) foams are being used in large quantities in buses and coaches, as they are light in weight and offer impact and vibration absorption properties (including splash resistance to oils and fuels). Low density polyethylene (LDPE) foams also offer acoustic and thermal insulation properties; buoyancy with low water absorption; and thermo-forming and thermo-molding properties. This is anticipated to drive the low density polyethylene (LDPE) foams market in Europe during the forecast period.

Europe Low Density Polyethylene (LDPE) Foams Market: Key Players

Major players operating in the low density polyethylene (LDPE) foams market in Europe are TART, Interplasp, Apollo Foam Limited, The Dow Chemical Company, Ramfoam Ltd, Abriso-Jiffy NV, Armacell, THE RUBBER COMPANY, PAR Group Ltd., and Sekisui Voltek, LLC.

Europe Low Density Polyethylene (LDPE) Foams Market: Segmentation

Europe Low Density Polyethylene (LDPE) Foams Market, by Type

  • Cross-linked Polyethylene Foams
  • Expanded Polyethylene Foams

Europe Low Density Polyethylene (LDPE) Foams Market, by End-use Industry

  • Packaging
  • Automotive
  • Building & Construction
  • Sports
  • Electrical & Electronics
  • Others (including Medical and Aerospace)

Europe Low Density Polyethylene (LDPE) Foams Market, by Region

  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Romania
    • Russia & CIS
    • Rest of Europe

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