The global elastomeric foam market size is projected to reach USD 4,462.1 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, the market was worth USD 2,648.6 million and will exhibit a CAGR of 6.8% during the forecast period, 2020-2027.
Information source:
https://www.fortunebusinessinsights.com/elastomeric-foam-market-104004
Elastomeric foam is widely used in the electronics and electrical industry for a wide range of applications among which insulations stands out as a primary use. The product possesses the properties of rubber on the physical front, including ‘flexibility’ and ‘elasticity’. The massive investments in the research and development of efficient products will have a massive impact on the growth of the overall market in the coming years.
The global elastomeric foam market size is projected to reach USD 4,462.1 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. According to a report published by Fortune Business Insights, the market was worth USD 2,648.6 million and will exhibit a CAGR of 6.8% during the forecast period, 2020-2027. Information source: https://www.fortunebusinessinsights.com/elastomeric-foam-market-104004 Elastomeric foam is widely used in the electronics and electrical industry for a wide range of applications among which insulations stands out as a primary use. The product possesses the properties of rubber on the physical front, including ‘flexibility’ and ‘elasticity’. The massive investments in the research and development of efficient products will have a massive impact on the growth of the overall market in the coming years.
WWW.FORTUNEBUSINESSINSIGHTS.COM
Elastomeric Foam Market Size, Share, Trends | Forecast, 2027
The global elastomeric foam market size was $2,648.6 million in 2019 & is projected to reach $4,462.1 million by 2027, at a CAGR of 6.8% in forecast period
0 Comments 0 Shares 134 Views