The Automotive Foam Global Market Report 2023, provides comprehensive information on the automotive foam market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Automotive Foam Market’s Growth:
https://www.thebusinessresearchcompany.com/report/automotive-foam-global-market-report
As per The Business Research Company’s Automotive Foam Global Market Report 2023, the global automotive foam market size grew from $36.75 billion in 2022 to $41.88 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive foam market size is expected to grow to $65.8 billion in 2027 at a CAGR of 12.0%.
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The automotive foam market is segmented:
1) By Type: Polyurethane (PU) Foam, Polyolefin (PO) Foam, Other Types
2) By Application: Seating, Door Panels and Watershields, Instrument Panels, Bumper System, Other Applications
3) By End-User Industry: Passenger Cars, Heavy Commercial Vehicles (HCVs), Light Commercial Vehicles (LCVs)
Asia-Pacific was the largest region in the automotive foam market in 2022.
The table of contents in TBRC’s automotive foam market report includes:
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