Top 5 Vendors in the Packaging Foams Market from 2017 to 2021: Technavio

September 12, 2017

LONDON–(BUSINESS WIRE)–#PlasticsandPolymers—Technavio
has announced the top five leading vendors in their recent global
packaging foams market report. This research report also
lists 12 other prominent vendors that are expected to impact the market
during the forecast period.

Flexible foams are widely used in protective packaging on account of
their soft feel and low density. They are most commonly used to pack
lightweight, fragile, and shock-sensitive products, to ensure the
protection of moving packaged items, heavy piece of equipment, and
delicate devices from damage.

Competitive vendor landscape

The global packaging
foams market is one of the growing markets consisting of major
vendors present globally. These vendors operate in a fragmented market
where products are sold for various end-user applications. Vendors focus
on manufacturing products which comply with the fluctuation of oil
prices.

“The major players have a geographical presence with production
facilities located globally and possess operational capacities through
strategic partnerships. New capacities are being set up by the vendors
to ensure proximity and easy access to the fast-growing markets, such as
China, India, and other developing countries,” says Hitesh Bhatia, a
lead plastics,
polymers, and elastomers research analyst from Technavio.

Other vendors in the market are coming up with new technologies and
ideas to compete with the major global players. Since foam blowing
agents vary with different companies, the competition is high among all
regional as well as global vendors engaged in this market.

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Top five packaging foams market vendors

Arkema

Arkema manufactures foam under the brand name Plastistrength acrylic
processing aids. Plastistrength process aids improve properties like
metal release and surface finishing. This brand of products finds wide
application in packaging, building and construction, consumer goods, and
chemicals and plastics.

BASF

BASF manufactures packaging foams under the brand name of Neopolen
(EPP/EPE), Styropor (EPP/EPE), Neopor (EPS), and E-por (EPS). For
instance, Neopolen is a polypropylene foam, which consists of expanded
closed-cell foam particles. It is supplied to molders in the form of
loose beads for processing into a wide range of foam parts on automated
processing equipment.

Borealis

Borealis introduced a new product for packaging applications called
Daploy WB140HMS, used to produce extruded polypropene (PP) foams with a
wide range of applications. This product is a long-chain-branched PP
polymer, developed for the foam extrusion process.

Sealed Air

Sealed Air is one of the leading manufacturers of low-density
polyurethane, manufactured under the brand name of Instapak. All product
base of Instapak is free of CFC and hydrochlorofluorocarbons (HCFCs).
Some of the benefits of Instapak are that it is economical, versatile,
easy to be used in packaging, has unique cushioning property, and
decreases warehouse space.

Zetofoams

Zetofoams manufactures packaging foams under the brand name AZOTE and
ZOTEK foams. These are used in protective packaging, returnable transit
packaging, military packaging, packaging in aviation and aerospace,
electronics packaging, and conservation packaging which contain regular
cell and these are highly energy absorbent making them ideal materials
for protective packaging.

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