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The polyethylene foams market is projected to grow from USD 3.3 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 6.1% between 2020 and 2025.
The market is propelled by the growth of various end-use industries. Increasing investments in use for polyethylene foams in protective packaging, infrastructure, new housing projects, and renovation of non-residential buildings in China, India, and Brazil have also boosted the market growth.
Medical is the fastest growing end-use application in polyethylene market, in terms of volume. XLPE foams are unique, closed-cell materials used widely to create medical packaging solutions. Certain grades of XLPE foams are expanded in a natural process, using nitrogen verses chemical expansion. The XLPE foam is hypoallergenic, non-toxic, and latex-free and can come in contact with skin and can also be used in operating rooms. It has a cushion-like feeling, it is water r
Global Polyethylene (PE) Foams Market (2020 to 2025) - Growing Demand for Co2-Based Polyols Presents Opportunities
January 18, 2021 05:38 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
ResearchAndMarkets.com s offering.
The polyethylene foams market is projected to grow from USD 3.3 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 6.1% between 2020 and 2025. The market is propelled by the growth of various end-use industries. Increasing investments in use for polyethylene foams in protective packaging, infrastructure, new housing projects, and renovation of non-residential buildings in China, India, and Brazil have also boosted the market growth.
Medical is the fastest growing end-use application in polyethylene market, in terms of volume. XLPE foams are unique, closed-cell materials used widely to create medical packaging solutions. Certain grades of XLPE foams are expanded in a natural process