Global Shock Absorbing Material Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 2.7 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The shock absorbing material market has witnessed significant growth in recent years, driven by the rising demand for protective solutions across various industries such as automotive, construction, and sports equipment. These materials are essential for reducing impact forces and preventing damage to products, people, and structures. The global market for shock-absorbing materials is expanding due to technological advancements, increased awareness about safety, and the need for more durable, lightweight materials.
Automotive manufacturers have particularly benefited from innovations in shock-absorbing materials, as they are used in car bumpers, seat cushions, and airbags to protect passengers in case of accidents. As the demand for electric vehicles (EVs) grows, the need for these materials is further amplified, as EVs require lightweight materials to improve efficiency and safety. Additionally, the construction industry uses shock-absorbing materials to reduce vibrations in buildings and infrastructure, particularly in areas prone to seismic activity.
In the sports sector, shock-absorbing materials are used in protective gear such as helmets, knee pads, and gloves. These materials not only provide comfort but also enhance performance by reducing fatigue and preventing injury. The growing interest in fitness and sports has resulted in an increased demand for these materials, driving market growth.
The global market is also witnessing a surge in demand for eco-friendly and sustainable materials. Manufacturers are focusing on producing shock-absorbing materials made from natural or recycled resources, aligning with environmental regulations and consumer preferences for green products. Companies are also exploring new innovations, such as nanotechnology, to improve the efficiency and effectiveness of these materials.
With the increasing demand for safety and protection in various industries, the shock-absorbing material market is set for continued growth. Manufacturers are focusing on developing materials that are not only effective at absorbing impact but also cost-efficient and sustainable.
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EVA GLORY Industrial Co.
Ltd
Nam Liong Global Corporatio
Chin Li Plastic Industrial Co.
Ltd
Chi Meng Industry Co
Ltd.
Sorbothane
Inc.
General Plastics
Trelleborg
Rogers
Taica Corporation
SEKISUI POLYMATECH CO.
LTD.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Shock Absorbing Material Market
Sports and Leisure
Aerospace
Medical
Other
Based on Types the Market is categorized into Below types that held the largest Shock Absorbing Material market share In 2023.
Gel Sheet
Foam
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Shock Absorbing Material Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Shock Absorbing Material Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Shock Absorbing Material Market, By Type
6. Global Shock Absorbing Material Market, By Application
7. Global Shock Absorbing Material Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Shock Absorbing Material Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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