As per the recently published report by MarketsandMarkets™, The “Reticulated Foam Market by Type (Reticulated Polyether Foam And Reticulated Polyester Foam ), Porosity (High, Moderate, Less), Application (Filtration, Sound Absorption, Fluid Management, Cleaning Products, Others), and Region – Global Forecast to 2028″, size is projected to grow from USD 506 million in 2023 and reach USD 683 million by 2028, at a CAGR of 6.2% from 2023 to 2028. The growing emphasis on air quality and the rising demand for durable outdoor furnishings are key drivers propelling the reticulated foam market. With its filtration capabilities and durability, Reticulated foam is increasingly sought after for applications such as outdoor furniture, where it contributes to both comfort and longevity, meeting the evolving consumer preferences for quality outdoor living experiences. Additionally, its role in enhancing air quality in various settings further boosts its market demand.
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- 249 Market data Tables
- 36 Figures
- 186 Pages and in-depth TOC on “Reticulated Foam Market – Global Forecast to 2028”
This report also provides a comprehensive analysis of the companies listed below:
Key players operating in the reticulated foam market include companies such as Rogers Foam Corporation (US), Sheela Foam (India), WinFun Foam (China), Woodbridge Foam Corporation (Canada), Carpenter Co. (US), Neveon (Austria), Polymer Technologies, Inc. (US), and FXI (US). The companies have widespread manufacturing facilities, an established portfolio of reticulated foams, a robust market presence, and strong business strategies. These factors are attributed to their progression in the reticulated foam market.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the reticulated foam market.
Recent Developments in Reticulated Foam Market Industry
- In March 2019, FXI and Innocor, leading players in polyurethane foam products, agreed to merge their business. The company will function under the name of FXI and offer its products, such as bedding, furniture, healthcare, filtration, transportation, and acoustics, to markets. The company will continue to sell Innocor’s Novaform and Sleep Innovations mattress brands. The company has increased its customer base and product portfolio with this merger.
- In April 2022, Worldwide Foam completed the construction of a 140,000 sq. ft. warehouse in Indiana, US, enhancing its capabilities in the reticulated foam market. This facility enables the company to expand its inventory, offering a broader range of products. Simultaneously, it provides an opportunity to enhance value-added services in other facilities, reflecting a strategic move to meet growing market demands and improve overall operational efficiency.