![Technical Foam Market Size, Share, Forecast 2024-2032 Technical Foam Market Size, Share, Forecast 2024-2032](https://www.101bookmark.com/wp-content/themes/covertsocialpress/images/default.jpg)
The global technical foam market size reached US$ 32.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 48.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032. Technical foam relies on rubber and polymer blends developed for different industrial and commercial applications, such as filtering, sealing and sound insulation. It is lightweight, durable, robust, mildew resistant, and skin-friendly and offers resistance against heat. As a result, it is employed in the electronics, aviation, marine, and packaging industries. At present, there is a significant increase in the investments made by homeowners to maintain their floors, roofs, and walls, which is catalyzing the demand for technical foam across the globe.
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