{"id":690909,"date":"2024-03-08T17:28:01","date_gmt":"2024-03-08T17:28:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=690909"},"modified":"2024-03-08T17:28:01","modified_gmt":"2024-03-08T17:28:01","slug":"biobased-foam-marketanalysis-trends-opportunities-graph-segmentations-regional-growth-and-key-players-to-2027","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/biobased-foam-marketanalysis-trends-opportunities-graph-segmentations-regional-growth-and-key-players-to-2027_690909.html","title":{"rendered":"Bio-Based Foam Market\u00a0Analysis, Trends, Opportunities, Graph, Segmentations, Regional Growth, and Key Players to 2027"},"content":{"rendered":"
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\"Bio-Based<\/a><\/div>\n
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Browse 223 market data Tables and 35 Figures spread through 208 Pages and in-depth TOC on “Bio-Based Foam Market”<\/div>\n<\/div>\n<\/div>\n
Bio-Based Foam Market by Raw Material (Corn, Sugarcane, Soy), Type, End-Use Industry (Building & Construction; Packaging; Automotive; Furniture & Bedding; and Footwear, Sports & Recreational), and Region – Global Forecast to 2027<\/div>\n

The bio-based foam market<\/a> <\/strong>is projected to grow from USD 102 million in 2022 to USD 229 million by 2027, at a CAGR of 23.1% during the forecast period. The growth of the market is driven by the increasing demand from various end-use industries such as automotive, building & construction, and packaging industries.<\/p>\n

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Companies such as BASF SE (Germany), Huntsman Corporation (US), Cargill, Incorporated (US), Stora Enso (Finland), and Braskem (US) fall under the winners’ category. These are leading players in the bio-based foam market, globally. These players have adopted the strategies of partnership, agreement, joint venture, expansion, divestment, and acquisitions to fulfil the rising demand for bio-based foam on the regional as well as global levels.<\/p>\n

Huntsman Corporation operates in business segment such as polyurethanes, performance products, advanced materials, and textile effects. In polyurethane segment Huntsman Corporation manufactures various products including bio-based foam. The company has regional presence majorly in countries such as US, China, Germany, and India. In February 2022, Huntsman Corporation partnered with KEEN, Inc for the development of a line of shoes with plant-based soles. Huntsman Corporation will supply a bio-based polyurethane solution to KEEN, Inc<\/p>\n

Sealed Air Corporation has global presence in North America, Europe, Middle East & Africa, Asia Pacific, and South America. The company operates in two business segment such as food and protective. The company manufactures bio-based PU foam for packaging application. In February 2022, Sealed Air Corporation has acquired Foxpack Flexibles Limited, a leading packaging company.<\/p>\n

Cargill, Incorporated manufactures bio-based PU foam for end-use application such as automotive, bedding & furniture, among others. The company has regional presence in North America, South America, Asia Pacific, Europe, Middle East & Africa. In September 2021, Cargill, Incorporated has entered into an agreement with Arkema, a specialty chemical company. The aim of this agreement is to improve capabilities of Cargill, Incorporated in bio-based plasticizers and polyols.<\/p>\n

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Europe leads as the largest market for bio-based foam and is expected to experience the fastest growth throughout the forecast period. The surge in manufacturing industries across the region propels the demand for bio-based products. Several European countries are emerging as manufacturing hubs for diverse global industries.<\/p>\n

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Browse 223 market data Tables and 35 Figures spread through 208 Pages and in-depth TOC on “Bio-Based Foam Market” Bio-Based Foam Market by Raw Material (Corn, Sugarcane, Soy), Type, End-Use Industry (Building & Construction; Packaging; Automotive; Furniture & Bedding; and … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,435,410,403,404],"tags":[],"class_list":["post-690909","post","type-post","status-publish","format-standard","hentry","category-Business","category-Europe","category-Manufacturing-Industry","category-UK","category-US"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/690909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=690909"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/690909\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=690909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=690909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=690909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}