The importance of Employing Technical Support to the small businesses Posted by pchelper on April 21st http://www.cheapfjallravensale.com , 2017
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High Heat Foam Market Size is Estimated to Value $14 Billion by 2024
by sarajames · October 15, 2018
15 October 2015 – Global聽High Heat Foam Market聽was worth USD 7.55 billion in 2016. It is expected to grow to USD 14 billion by 2024. This can be attributed to escalating demand from aerospace and automotive sectors. Developing countries like Brazil and India are lucrative markets for automotive and industrial applications of high heat foam.
Usage of foam insulation lowers energy wastage. This coupled with stringent environmental regulations is boosting its consumption across industrial sectors. High heat foam is also used in sports and leisure, particularly in Asia Pacific.
The worldwide high heat foam market is categorized on the basis of products, applications Cheap Fjallraven Bags , and regions. Products are divided into melamine, silicone, polyimide, polyethylene, and others. Silicone dominated the market in 2015. It accounted for 35% of the total revenues that year Cheap Kanken Backpack , and is likely to grow at a CAGR of 5.4% from 2016 to 2024 (forecast period). Industrial applications generate most of the demand for silicone products.