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According to Fact.MR – a market research and competitive intelligence provider, global one component foam industry analysis reveals that the market was valued at US$3 billion in 2020 and is expected to grow at a CAGR of 6% over the period 2021- Forecast period 2031.

The one-component formulation of polyurethane foam, which is made by reacting polyols and diisocyanates, is called one-component foam. One-component foam is widely used in several end-use industries such as building and construction, fire retardants, and consumer goods. One-component foam is also used to fill gaps in exterior pipes and vents. It is widely used to prevent the passage of air in a small space.

Rising demand for premium adhesives with insulating properties in the construction industry and growing popularity of self-curing and self-expanding sealants are expected to drive the demand for one-component foam in the coming years.

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Key segments of the one-component foam industry research

  • Product

    • MDI (Methylene Diphenyl Diisocyanate)
    • Polyether polyols
    • Polyester polyols
  • Application

    • Adhesives
    • Insulation
    • Sealing
    • Filling
  • End use

    • Monocomponent foam for partitions
    • One-component foam for water pipes
    • One-component foam for door and window jambs
    • One-component foam for ceiling and floor joints

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APEJ will be a lucrative region for one-component foam market players

The study reveals that the Asia-Pacific ex-Japan (APEJ) region is the fastest growing market for one-component foam, with a significant hold of emerging economies in the region on recent developments. The APEJ region alone accounts for more than a third of global single-component foam sales, and it will continue to be the largest market for single-component foam in the years to come, according to the study.

China and India are among the most attractive countries for one component foam market players owing to the availability of raw materials and high consumption of one component foam, which is attributed to the increasing growth of end user industries. The rapid growth of polyurethane production in the region, particularly in China, is increasing the availability of raw materials and allowing manufacturers to launch one-component foams at competitive prices.

Sealants and Adhesives – Most Popular Applications of One-Component Foam

The Fact.MR study provides a holistic assessment of the single component foam market growth across its various segments. Analyzing the increase in the number of one-component foam applications in various industrial sectors, the study reveals that one-component foam sealants and adhesives are experiencing the highest demand. One-component foam sealants and adhesives together accounted for nearly 75% volume share of the one-component foam market in 2018.

One-component foam sealants and adhesives are in huge demand due to their simplicity and safety in use, as well as cost effectiveness. These sealants and adhesives are more widely used in the construction industry, which has been growing rapidly in recent years. As a single-component foam sealant, foam sealants can significantly reduce construction airtightness, which can help industrial end-users mitigate CO2 emissions in their operations. of construction. Growing awareness of the extraordinary benefits of using one-component foam sealants and adhesives is contributing to their growing popularity in several end-use sectors.

However, the Fact.MR study reveals that the demand for one-component foam insulation and filling applications is likely to increase, which will lead to a substantial change in the dynamics of the one-component foam market. With recent developments in residential as well as industrial and commercial infrastructure, end users are experimenting with one-component foam applications to benefit from the unique properties of one-component polyurethane foam.

The Fact.MR report analyzes various trends and other micro-economic factors that may influence the growth prospects of the Single Component Foam market in the coming years. Based on in-depth analysis, the study predicts that the one-component foam market will grow at a healthy CAGR of 5.2% during the period 2019-2027.

Full access to this exclusive report is available at https://www.factmr.com/checkout/2797

Key Question Answered in the One Component Foam Market Report Survey:

  • One-Component Foam Sales and Demand
  • One-component foam market growth
  • One component foam market analysis
  • Single component foam market overview
  • Key factors impacting the one-component foam market
  • What are the key drivers impacted by the one component foam market
  • Constraints shaping the growth of the market
  • One Component Foam Market Research

For more information – https://www.einpresswire.com/article/556509410/demand-from-personal-care-cosmetic-products-to-drive-the-growth-of-solid-sericin-in-skincare

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Lee J. Murillo