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Particle Foam Molding Machines Market Trends
- Report ID: GMI5730
- Published Date: May 2023
- Report Format: PDF
Particle Foam Molding Machines Market Trends
A rise in residential construction across countries such as the U.S. driven by rapid urbanization and a growing population will support the particle foam molding machines industry growth. Additionally, several favorable initiatives and policies introduced by the U.S. government are offering owners affordable housing costs and encouraging large-scale residential construction.
Frequently Asked Questions (FAQ) :
The market size of particle foam molding machines was worth over USD 1.5 billion in 2022 and will grow at 9.5% CAGR from 2023 to 2032.
The automatic particle foam molding machines market size will grow at 10% CAGR from 2023 to 2032 driven by advancements in next-generation AI-based smart molding technologies.
Asia Pacific particle foam molding machines industry reached USD 732 million in 2022 due to growing demand for HVAC insulation materials such as EPP.
Jakcom, Kerv Wearables, NFC Ring, Ringly, Logbar, Mota, Vinaya, Nimb, Oura, and TheTouch X are some of the leading manufacturers of particle foam molding machines.
Particle Foam Molding Machines Market Scope
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