US specialty foams demand to reach $1.3 billion in 2007.
Specialty polyurethane foam demand will increase to $440 million in 2007 as a result of opportunities in air and liquid filtration, gaskets, structural reinforcement, fire protection, acoustical insulation and various other uses. Particularly good growth is expected for hydrophilic (water absorbing) foam in areas such as wound dressings and as delivery vehicles for inks, cleansers and antimicrobials. Ceramic and metal foams will experience the fastest growth due to advancing catalyst substrate, metal filtration and other applications. In the metal category, nascent materials such as aluminum foam also have significant potential in areas such as energy absorption (e.g., crumple zones for automotive safety) and filters (e.g., diesel particulate). Good growth is also expected for foam glass in thermal insulation applications.
Industrial markets for specialty foams will present the best opportunities and rise 7.3 percent annually to more than $340 million in 2007. Opportunities are anticipated in areas such as gaskets, seals and filters for industrial machinery, and thermal insulation for storage tanks and other vessels. Electrical and electronic markets will be constrained by intramaterial competition and growing imports of electronic products from lower cost Asian and other countries. Transportation equipment markets will be driven by safety and fuel efficiency concerns in motor vehicle, aircraft, marine and other applications.
Specialty Foams (published 08/2003, 206 pages) is available for $3,800 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail email@example.com. Information may also be obtained through www.freedoniaqroup.com.
For Immediate Release Contact: Corinne Gangloff Media Relations phone: 440.684.9600 fax: 440.646.0484 firstname.lastname@example.org
US SPECIALTY FOAM DEMAND (million dollars) % Annual Growth Item 1997 2002 2007 02/97 07/02 Specialty Foam Demand 765 990 1330 5.3 6.1 Plastic Foam 656 842 1100 5.1 5.5 Polyurethane 252 332 440 5.7 5.8 Engineered Plastic 175 215 270 4.2 4.7 Polyolefins 78 100 128 5.1 5.1 Other Plastic Foams 151 195 262 5.2 6.1 Non-Plastic Foam 109 148 230 6.3 9.2
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|Title Annotation:||Polyurethane and engineered plastic will remain the dominant plastic foams|
|Publication:||Research Studies - Freedonia Group|
|Date:||Aug 13, 2003|
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