Under the Radar: An inside look into a family-based elastomeric foam maker supplying to OEM customers such as Sony and Panasonic; Market for elastomeric foam to reach US$4.462b by end of 2027; Global headwinds on demand; Rising labour costs on manufacturing output in Singapore

Your Way Home with Hongbin Jeong · Mar 7, 2023 · 15m

Specialty foam, film and elastomer or elastic polymers used as insulators in electronics, cars and more. It may very well be under the radar, but hey, did you know that the global market for elastomeric foam is set to reach US$4.462 billion by the end of 2027, according to a report by Fortune Business Insights? That’s a compound annual growth rate of 6.8% during the forecast period of 2020 to 2027. So quite a bit of money in this arena. And that’s why we’re going to give you an inside look into a family-based manufacturer called Armstrong Asia, which started in 1974 and has since opened 16…