The global elastomeric foam market size is projected to reach USD 4,462.1 million by the end of 2027. The presence of several large-scale companies will contribute to the growth of the market in the coming years. the market was worth USD 2,648.6 million and will exhibit a CAGR of 6.8% during the forecast period, 2020-2027.
source:
https://www.fortunebusines...
Elastomeric foam is widely used in the electronics and electrical industry for a wide range of applications among which insulations stands out as a primary use.