PUNE, India, December 1, 2016 /PRNewswire/ -- The report "Engineered Foam Marketby Material Type (Polyurethane, Polystyrene, Polyolefin), Form (Flexible, Rigid, Spray), End User (Aerospace & Defense, Medical & Healthcare, Transportation, Manufacturing & Construction), Region - Global Forecast to 2026", Published by MarketsandMarkets, the market is estimated at USD 57.30 Billion in 2016, and is expected to reach USD 122.30 Billion by 2026, at a CAGR of 7.9% from 2016 to 2026. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 103market data Tables and 84 Figures spread through 190 Pages and in-depth TOC on " Engineered Foam Market"http://www.marketsandmarkets.com/Market-Reports/engineered-foam-market-171499038.html Early buyers will receive 10% customization on this report. Major growth drivers for the market include increased expenditure in space research activities and growth in the airline industry of emerging regions, such Asia-Pacific, Latin America, and the Middle East & Africa. High transition along with shorter product life cycles in end-use industries is another factor expected to drive the engineered foam market. Increase in the number of developments in the construction, sports & leisure, and automotive industries is also expected to further boost this market. Flexible foam is the largest form segment of the engineered foam market Flexible foam is the largest form segment of the global engineered foam market. However, the spray foam segment is expected to grow at the highest CAGR during the forecast period. Spray foams have been increasingly used in the coating applications along with quick repairs in exiting insulations and cushioning. One major advantage of spray foam over the other types of foams is, it is ready to use and does not require any additional molding cost that may be required in case of rigid and flexible foams. This high growth in demand for spray foam is due to its increasing applications in insulation, such as light-density open-cell spray foam insulation and medium-density closed-cell spray foam insulation.