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Flexible Foam Market| Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic| Technavio

·4-min read

The global flexible foam market is expected to register an incremental growth of USD 12.36 billion, witnessing a CAGR of over 5% during 2020-2024, according to the latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the flexible foam market in optimistic, probable, and pessimistic forecast scenarios.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200918005040/en/

Technavio has announced its latest market research report titled Global Flexible Foam Market 2020-2024 (Graphic: Business Wire)

Get detailed insights on COVID-19 pandemic Crisis and Recovery analysis of the Flexible Foam market. Download free report sample

Amid the COVID-19 Crisis, the Revaluated and Updated Flexible Foam Market Report Says:

  • The flexible foam market will witness a Neutral and At par impact during the forecast period owing to the extensive rise of COVID-19 pandemic.

  • Due to the extensive spread of the virus across the globe, the Materials industry is anticipated to have Mixed and Direct impact.

  • Furthermore, as per Technavio’s pandemic-focused research highlights, the market demand will show At Par growth due to the increase in infections and reduced economic activity.

Click here to learn about the report’s detailed analysis and insights on how you can leverage them to grow your business.

Flexible Foam Market Segmentation and Competitive Analysis

The flexible Foam market is segmented by type (Polyurethane, polyethylene, polypropylene, and others), application (Furnishings, transportation, and packaging), and region (APAC, Europe, North America, MEA, and South America). Growth in the bedding and furniture industry has been an instrumental factor in influencing the growth of the flexible foam market. Other market drivers include high demand from emerging economies and increased demand from the construction industry in emerging economies.

The market is fragmented. The report analyzes the market’s competitive landscape and offers information on several market vendors, including BASF SE, Covestro AG, Huntsman Corp., JSP Corp., Recticel NV, Rogers Corp., Sekisui Chemical Co. Ltd., The Dow Chemical Co., Ube Industries Ltd., and Zotefoams Plc. Moreover, Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

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Reasons to Buy the Report:

  • Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

  • The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.

  • The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

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Methodology

Information Sources:

Primary sources

  • Manufacturers and suppliers

  • Channel partners

  • Industry experts

  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals

  • Government data

  • Financial reports of key industry players

  • Historical data

  • Press releases

Data Analysis:

Data Synthesis

  • Collation of data

  • Estimation of key figures

  • Analysis of derived insights

Data Validation

  • Triangulation with data models

  • Reference against proprietary databases

  • Corroboration with industry experts

Report Writing:

Qualitative

  • Market drivers

  • Market challenges

  • Market trends

  • Five forces analysis

Quantitative

  • Market size and forecast

  • Market segmentation

  • Geographical insights

  • Competitive landscape

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200918005040/en/

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