PVC Foam Sheet Market: By Key Players, Deployment Type, Applications, Vertical, and Forecast: 2022-2031
Shibuya-ku, Tokyo, Japan, Japan, Mar 24, 2022, 06:23 /Comserve / -- PVC Foam Sheet Market :Global Size, Share, Trends, Forecast, Growth, Key Players, Market Segments & Regional Analysis (Latin America, North America, Asia Pacific, Europe, Middle East)
'The report on PVC Foam Sheet Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter's five forces.
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PVC Foam Sheet Market for Structural Composites: Overview
- PVC foam sheet is extensively used in a wide range of structural composite applications, owing to its excellent strength, strength-to-weight ratio, fire resistance, lightweight, and low absorptivity. PVC foam sheet is primarily made of PVC resin, blowing agent (CO2), stabilizer & lubricant, conditioner, and pigment.
- Based on application, the global PVC foam sheet market for structural composites has been segmented into transportation, wind energy, marine, building & construction, and others. The transportation segment held a major share of the global PVC foam sheet market for structural composites in 2019. The segment is anticipated to expand at a rapid pace during the forecast period, led by the rise in demand for PVC foam sheets in the production of various automotive parts. PVC foam sheets are primarily used in the production of supporting structures, interior parts, floors, and dividing walls. PVC foam sheets for structural composites are employed in the manufacture of structural base plates, roof panels, and front & rear end cap of rails in the locomotive or rail sector. Furthermore, PVC foam sheets are used in the formulation of interior parts of aircraft cabins, cockpit doors, interior panels, sport aircraft fuselage & wings, rotor blades, etc.
- The wind energy segment of the PVC foam sheet market for structural composites is expected to expand at a faster pace by the end of the forecast period. PVC foam sheets for structural composites possess properties such as excellent heat & fire resistance, anti-corrosiveness, fire prevention, resistance to smoke, high rigidity, and excellent strength-to-weight ratio. This is likely to drive the demand for PVC foam sheets in the manufacture of various wind turbine parts.
Key Growth Drivers of PVC Foam Sheet Market for Structural Composites
- Properties of PVC foam sheet for structural composites such as its low resin uptake ability, low weight, and resistance to fatigue & chemicals are expected to boost the demand for PVC foam sheets in a wide range of applications. Prominent applications of PVC foam sheet for structural composites include wind power generation, rail transit, shipping, aerospace, and building energy conservation. Applications of PVC foam sheet for structural composites in the construction sector include residential furniture, office furniture, wall cladding, partition & paneling, signature & display panels, and corrosive linings. PVC foam sheets are primarily used as composite materials in turbine blades, covers, generator casings, hulls, decks, bulkheads, superstructures, and interior fittings in wind energy and marine sectors.
Restraining Factors of PVC Foam Sheet Market for Structural Composites
- Major substitutes for PVC foam sheets include PET foam, balsa, SAN, PUR, and honeycomb core materials. PET foams have the potential to replace PVC foams, owing to high performance, environment friendliness, and ability to work at high temperature range. Furthermore, PET foams possess characteristics such as high capacity for recycling, excellent fatigue performance, thermo-formability, and high energy absorption. This has led to a shift toward the usage of PET foams in core sandwich structures for rotor blade applications.
Asia Pacific to Dominate PVC Foam Sheet Market for Structural Composites
- Asia Pacific held a key share of the global PVC foam sheet market for structural composites in 2019 . The demand for PVC foam sheet for structural composites is projected to rise at a rapid pace in the region, owing to the presence of diverse consumer base across the region. Advancement of new technologies and increase in research & development activities in developing regions of Asia Pacific is expected to revolutionize the wind energy field over the next few years. Additionally, rise in government funding in developing countries, such as India and China, is likely to fuel the wind energy industry in these countries in the near future. For instance, GE Renewable Energy received an order from the EDF Renewables/SITAC Group joint venture for the installation of 112 units of 2.7 MW wind turbines at the Sitac Kabini wind farm based in Gujarat, India. The 112 units are most likely to be commissioned by early 2021 and are expected to produce green energy in order to cater to the rising demand for electricity across the country. PVC foam sheets are primarily used in fabrication of turbine blades, nacelle covers, and generator casings due to their excellent rigidity, lightweight, and strength-to-weight ratio. This, in turn, is expected to increase the demand for these sheets across the region.
- Armacell International S.A., 3A Composites, Gurit, Diab, Maricell S.r.l., and Brett Martin Plastic Sheets are some of the major manufacturers of PVC foam sheet for structural composites applications in Europe. These producers engage in new product development in order to increase their share in the global market.
- The PVC foam sheet market for structural composites in Latin America is projected to expand at a sluggish pace in the near future, owing to the presence of a few producers across the region. Furthermore, Latin America relies on import of PVC foam sheet for structural composites from other countries.
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Leading Players in PVC Foam Sheet Market for Structural Composites
- Major players operating in the global PVC foam sheet market for structural composites include
- 3A Composites,
- Diab
- Gurit
- Armacell International S.A.
- CoreLite, Inc.
- Changzhou Tiansheng New Materials CO., LTD.
- POTENTECH (GUANGDONG) LIMITED
- Maricell S.r.l.
- Novagard Solutions, Inc.
- CHANGZHOU UTEK COMPOSITE CO., LTD
- FOAMTECH Ltd
- Deqing Sanhe Rubber & Plastic Co., Ltd
- Ludlow Composites, Corp.
- Brett Martin Plastic Sheets
- Producers of PVC foam sheet for structural composites are engaged in increasing their product offerings and expanding their footprint in the global market. For instance, in September 2019, Diab signed a five-year core material supply contract with Vestas Wind Systems A/S, one of the leading suppliers of wind turbines in the world. The contract comprises supply of Divinycell HP (PVC-based) and Divinycell PY (PET-based) materials to Vestas Wind Systems A/S.
PVC Foam Sheet Market for Structural Composites – Scope of the Report
The latest study collated and published analyzes the historical and present-day scenario of the global PVC foam sheet market for structural composites to accurately gauge its potential development. The study presents detailed information about the important growth factors, restraints, and key trends that are creating the landscape for the future growth of the PVC foam sheet market for structural composites, to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the PVC foam sheet market for structural composites will progress during the forecast period of 2020 to 2030.
The report offers intricate dynamics about the different aspects of the PVC foam sheet market for structural composites that aids companies operating in the market in making strategic development decisions. The study also elaborates on the significant changes that are highly anticipated to configure the growth of the PVC foam sheet market for structural composites during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the PVC foam sheet market for structural composites, and estimate statistics related to the market progress in terms of value (US$ Thousand) and volume (Tons).
The report mentions the company profiles of key players that are currently dominating the PVC foam sheet market for structural composites, wherein various development, expansion, and winning strategies practiced and executed by leading players have been presented in detail.
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Key Questions Answered in the Report on PVC Foam Sheet Market for Structural Composites
The report provides detailed information about the PVC foam sheet market for structural composites on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the PVC foam sheet for structural composites industry, so as to help them make successful strategies and take target-driven decisions.
- Which application is the major consumer of PVC foam sheet for structural composites?
- How much revenue is the PVC foam sheet market for structural composites expected to generate by the end of the forecast period?
- How are key market players successfully earning revenue out of the advantages of PVC foam sheet for structural composites?
- Which companies operate across the globe?
- Which regions are likely to provide profitable scope of opportunities for PVC foam sheet market for structural composites competitors?
Research Methodology – PVC Foam Sheet Market for Structural Composites
The research methodology adopted by analysts for combining the PVC foam sheet market for structural composites report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the PVC foam sheet market for structural composites.
During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through the interviews of genuine resources, analysts have emphasized the changing scenario of the PVC foam sheet market for structural composites.
For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the PVC foam sheet market for structural composites.
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Table of Content
1. Executive Summary
1.1. Market Snapshot: Global PVC Foam Sheet Market for Structural Composites
1.2. Key Trends
1.3. Global PVC Foam Sheet Market for Structural Composites Volume Share Analysis, by Application, 2019
2. Market Overview
2.1. Product Overview
2.2. Market Indicators
2.3. Drivers and Restraints Snapshot Analysis
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Threat of Substitutes
2.4.2. Bargaining Power of Buyers
2.4.3. Bargaining Power of Suppliers
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Regulatory Scenario
2.6. Value Chain Analysis
2.7. List of Potential Customers
3. COVID-19 Impact Analysis
4. Production Output Analysis
5. Pricing Analysis
5.1. Global PVC Foam Sheet Market for Structural Composites Pricing Analysis (US$/Ton), by Application, 2022-2031
5.2. Global PVC Foam Sheet Market for Structural Composites Pricing Analysis (US$/Ton), by Region, 2022-2031
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