Lightweight Foam Boards Market Definition
Lightweight Foam board is a strong and lightweight material that is easily cut with a sharp craft knife or picture framing mat cutter. Foam board is easily formed into shapes that can be used for interior design and architectural models, and indoor and outdoor applications. Foam board usually consists of three layers, an inner layer of polystyrene or polyurethane foam that is clad with an outer facing on each side of either a white clay coated paper, cotton archival paper or common brown Kraft paper. Innovative graphic display board’s lightweight offers savings in both system installation and labor costs as well as reduced freight charges to ship large displays.
The market study is broken down by Type (Plain Foam Board, Adhesive Coated Foam Board and Others), by Application (Signboard/Display, Digital and Screen Printing, Crafts & Modeling, Photo Mounting, Architectural Models & Prototype and Others) and major geographies with country level splits.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Lightweight Foam Boards market throughout the predicted period.
3A Composites GmbH (Germany), Stadur GmbH (Germany), Armacell (Germany), Regal Plastics (United States), R.L. Adams Plastics (United States), Gilman Brothers Company (United States), Biopac India Corporation Ltd. (India), Ultraboard (United States), Antalis (United Kingdom) and Plastimber Impex (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Weiss Chemie + Technik GmbH & Co. KG (Germany), Straton Group (India), Crescent Print Edinburgh Ltd. (United States), Flipside Product Inc. (United States) and Pacon Corporation (United States).
AdvanceMarketAnalytics has segmented the market of Global Lightweight Foam Boards market by Type, Application and Region.
On the basis of geography, the market of Lightweight Foam Boards has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Thickness, the sub-segment i.e. 3 mm will boost the Lightweight Foam Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Building and Construction Firms will boost the Lightweight Foam Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Color, the sub-segment i.e. White will boost the Lightweight Foam Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. PVC Foam Boards will boost the Lightweight Foam Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Surface Material, the sub-segment i.e. Paper will boost the Lightweight Foam Boards market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On December 4, 2019, PAI Partners, a leading European private equity firm and KIRKBI A/S, the holding and Investment Company of the Kirk Kristiansen family, have together agreed to acquire Armacell, a global leader in flexible foam for the equipment insulation market and a leading provider of engineered foams.
On January 24, 2020, The Gilman Brothers Company has extended substrate distribution across Europe through a partnership with GPM, Ltd. General Print Materials (GPM), based in Fleckney, Leicestershire, UK, will continue to be the primary European distribution channel, in conjunction with several associated distributors managed by GPM.
United States Government has imposed a ban on single-use foam products, as many states across the United States aim to achieve zero waste status, new regulations and bans are being implemented to help them reach their goal. The EPS foam is lightweight, sturdy, insulated and inexpensive, making it a common choice for manufacturers to develop numerous products.
- Polyurethane Foam Boards owing to High Level of Stiffness and Heat-Resistance
- Aluminum Facing Foam Board for Mounting of High Gloss Photographic Prints
- Increasing uses of lightweight foam boards in different applications such as printing, mounting, and advertising and growing demand for rigid, water and UV resistant foam boards are the factors driving the demand of the market.
- Lightweight and Sturdy Construction Makes Alternative to Heavy Cork Boards
- Inexpensive, Easy to Process and Extensive Colour Range
- Rapid sales of PVC foam board for building and construction applications owing to its high usability are offering lucrative opportunities for the market.
- Advancements and Innovation in Material Technology
- Weakness and Breakdown of Structural Integrity of Foamboard owing to Solvents Used in Paints
- Fluctuation in Raw Material Prices
- Stringent Government Regulations on Plastic Uses
- Availability of Substitute Products
Key Target Audience
Lightweight Foam Boards Manufacturers, Raw Material Suppliers, Advertising and Printing Companies, Building and Construction Firms, Traders/Exporters/Importers/Distributors and Others
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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