The foam market is projected to register a CAGR of 7% during the forecast period 2021 to 2026. Some of the key drivers behind the expansion include greater attention to environmental stability and energy conversion and the growing demand for use-specific foams. By leveraging some of the new technologies, many innovations are being pursued in the industry. For example, manufacturers are increasingly focusing on developing lightweight foaming for use in the automotive industry for achieving higher fuel efficiency. Building constructions targeting improved energy-efficient solutions with demand for memory foam in bedding and mattress products is expanding the market in developing and developed nations. Innovations in manufacturing technology such as 3D printing and artificial intelligence-enabled manufacturing offer smart and lightweight, protective equipment for sports, military, law enforcement, and first responders. Foam technology is advancing for aerospace use wherein the lightweight foam is being used compared to bulky ones used previously, reducing significant costs.
Keeping in mind all these technological innovations and advancements, we have compiled this issue of Manufacturing Outlook comprising a list of some prominent foam technology solution providers. The edition also includes insights from industry leaders for aspiring CXOs.
We present to you Manufacturing Outlook’s “Top 10 Foam Technology Solution Providers - 2021.”