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The global elastomeric foam market revenue is expected to register a moderate CAGR over the forecast period. The global elastomeric foam market report has been segmented on the type, end use industry, and region.

Based on type, the global elastomeric foam market is segmented based on natural rubber/latex and synthetic rubber. The synthetic rubber segment is expected to account for major revenue share of the market over the forecast period and is expected to register a CAGR of XX.X%.

Based on end use industry, the target market is segmented based on HVAC, automotive, electrical & electronics, and others (consumer goods and industrial goods). The HVAC segment is expected to account for major revenue share of the market over the forecast period.

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Regional segmentation includes North America, Europe, Latin America, Asia Pacific and Middle East and Africa. Asia Pacific contributes major share in terms of revenue in global elastomeric foam market and is expected to maintain its dominance over the forecast period. In addition, market in Asia Pacific is expected to register highest growth rate over the forecast period. Increasing demand for elastomeric foam in countries such as the China, Japan, and India, owing to the rapidly growing automobile and electrical & electronics is in turn is expected to drive growth of market in the region over the forecast period. In addition, increasing number of manufacturing site owing to growing public and private investments in these sectors is another factor expected to boost growth of market in the region over the forecast period. North America register a CAGR of XX.X% over the forecast period.

Some prominent players in the global elastomeric foam market are Armacell International S.A., Hira Industries LLC, Zotefoams PLC., L’isolante K-Flex S.P.A., Kaimann GmbH, Huamei Energy-Saving Technology Group Co.,Ltd., Aeroflex USA, Inc., NMC S.A, and Anavid.

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