In the first quarter of 2022, the high prosperity of the new energy vehicle industry will continue. With the accelerated launch of new domestic models, the continuous promotion of European policies, and the expected improvement of electric vehicles in the United States, at the same time, production and sales are expected to recover after the partial epidemic eases. We judge that the global new energy vehicles are expected to continue their high growth in 2022. It is estimated that the global sales of new energy vehicles will reach 9.76 million in 2022.
From a global perspective, China’s electrification supply chain is developing rapidly and is the most complete, leading The company has already supplied overseas, and its value as a global high-quality manufacturing asset is highlighted. According to data from the China Association of Automobile Manufacturers, in March 2022, the production and sales of new energy vehicles will be 465,000 and 484,000 respectively, an average increase of 1.1 times year-on-year. In the first quarter of 2022, the production and sales of new energy vehicles will be 1.293 million and 1.257 million respectively, a year-on-year increase of 1.4 times. The market share reached 19.3%.
Lightweight has always been an important direction of automobile development trend, and it is also the solution to the battery life of new energy vehicles. A major factor in mileage, the use of plastic to replace steel has made important progress in the lightweight of automobiles. When new trends such as electrification and intelligence are intensifying, organic foam materials are expected to be applied in automobiles at an unprecedented speed and play an increasingly important role. Automotive Foam Materials Market Generally By Type (Polyurethane (PU) Foam, Polyolefin (PO) Foam, Others), Application (Seats, Door Panels, Bumper Systems, Others), End Use (Automotive, Light Commercial Vehicle, Heavy Duty commercial vehicles) classification. According to the comprehensive research report of Market Research Future (MRFR), the compound annual growth rate of automotive foam materials in 2021-2028 is 10.23%. The market will be worth $38.61 billion in 2021 and $80.27 billion in 2028.
Common automotive foam materials mainly include PU foam, EPP foam, PE foam, EPDM foam, CR foam and other types.
PU (polyurethane) foam The materials are divided into four categories: soft polyurethane foam, rigid polyurethane foam, semi-rigid polyurethane foam and self-skinned polyurethane foam. They are characterized by light weight, heat insulation, good resilience, good comfort, good low temperature performance, durability and safety. , good vibration absorption and other characteristics, widely used in the automotive field
Soft polyurethane foam has Good toughness, small compression set, fast rebound and so on. Generally used in car sound insulation pads, ceiling linings, carpet backings, seat cushions, backrests, headrests, etc. In recent years, dual-hardness or multi-hardness foams formed by multi-head extrusion dies or MDI cold molding processes have been favored as automotive seat cushion materials to better improve the comfort of seat cushions.
Semi-rigid polyurethane foam With high compression load and outstanding shock absorption performance, it is very suitable for the manufacture of protective cushion materials for automobile dashboards, armrests, door posts and other components. Among them, the instrument panel of semi-rigid polyurethane foam + skin replaces the traditional rigid PP instrument panel, which has better safety and comfort, and is more popular.
Rigid polyurethane foam has Excellent heat insulation performance, high strength, good flame retardancy, dimensional stability, chemical resistance and other properties, used as insulation materials for engine hoods, luxury passenger cars and refrigerated truck compartments.
Self-skin polyurethane foam Also known as integral skin molded foam, it relies on the foaming components to form the surface material and the foam core material at one time, and has good physical and mechanical properties. Widely used in steering wheel, armrest, headrest, door handle, etc.
From the perspective of the region, the car The fastest growing market for foamed materials is the Asia Pacific region. Expanding production and sales of electric vehicles in developing economies, especially China, India, and Southeast Asia, is expected to significantly increase the demand for automotive foams in the coming years. The Chinese government’s incentives and subsidies for electric vehicle makers and buyers have increased demand for the auto bubble to meet its target of around 35 million electric vehicles by 2025. And the exhibition platform dedicated to gathering China’s foaming industry chain and promoting industrial upgrading and reshaping — FOAM EXPO China International Foaming Technology (Shenzhen) Exhibition will surely contribute to the realization of this goal and the lightweight, low-carbon and IntelligentContribute to its own strength and provide further opportunities for the development of the industry.
in the Middle East and Africa , the retail and tourism industries in the UAE and Saudi Arabia are expected to grow significantly, thereby increasing the demand for light and heavy commercial trucks used for product transportation. In Latin America, the main producers and exporters of vehicles and parts are Brazil and Mexico. Economic stability and increasing modernization in the region is fueling the growth of the automotive industry, thereby driving the growth of the regional market. Increased research and development efforts in various automotive materials to improve fuel efficiency is driving the North American automotive foam materials market. It is worth mentioning that the origin of the FOAM EXPO brand started in North America five years ago, and FOAM EXPO North America has now become the world’s leading exhibition and conference in the industrial foam industry. The fifth FOAM EXPO North America will also be held in Michigan, USA on June 28-30, 2022.