Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Foam Coatings Market by Type (Water based, Solvent Based, Powder Based), By Application (Building & Construction, Oil & Gas, Transportation, Consumer Electronics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Foam Coatings Market by Type (Water based, Solvent Based, Powder Based), By Application (Building & Construction, Oil & Gas, Transportation, Consumer Electronics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137307 3300 Chemical & Material 377 231 Pages 4.6 (31)

Market Overview:

The global foam coatings market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for foam coatings from various end-use industries such as building & construction, oil & gas, transportation, consumer electronics and others. In terms of type, water based foam coatings are expected to dominate the market during the forecast period owing to its properties such as low toxicity and environmental friendliness.

Global Foam Coatings Industry Outlook

Product Definition:

A foam coating is a type of insulation that is sprayed on to surfaces in order to prevent the loss of heat or cold. Foam coatings are typically made up of polyurethane, which is a type of plastic. They are often used on buildings and homes in order to keep the temperature inside regulated.

Water based:

Water-based coatings are thin films that are applied to various substrates or surfaces. These coatings can be made using a variety of raw materials such as polyurethanes, acrylics, epoxies, and silicones among others.

Solvent Based:

Solvent-based foam coatings are water-based or solvent-free formulations that are applied to a variety of substrates and used for insulation, soundproofing, cushioning, and dampening. They can be either thermosetting or thermoplastics in nature depending upon the type of raw materials used for their production. Solvent based foam coatings have high thermal resistance owing to which they find applications in roof top decks where temperatures often exceed 50oC.

Application Insights:

Building and construction was the largest application segment in 2016, accounting for over 50% of the overall demand. Rapidly rising urbanization coupled with increasing spending on infrastructure development is expected to drive product demand in this application segment over the forecast period.

Increasing use of foams as packaging materials for consumer goods is expected to drive industry growth over the coming years. The oil and gas sector has emerged as one of the key consumers owing to its requirement for protective foam coatings that help extend equipment life & reduce maintenance costs. Other applications include medical & hygiene products, electronics assembly, furniture assembly and mattress padding among others. Increasing disposable income levels coupled with a growing preference towards premium comfort is likely to fuel product demand across these applications during future periods.

Regional Analysis:

North America was the largest regional market in 2017 owing to growing construction and transportation sectors. The U.S., being a developed economy, has witnessed high product demand from consumer electronics, building & construction, and oil & gas industries over the past few years.

Asia Pacific is projected to be one of the fastest-growing regions during the forecast period on account of rapid industrialization along with increasing foreign investments in China and India's energy sector which resulted into increased demand for insulation materials such as spray foam insulation products. In addition, rising awareness among consumers regarding fire safety while constructing buildings or vehicles is likely to propel industry growth over next eight years.

Growth Factors:

  • Increasing demand from construction and automotive industries
  • Rising awareness about the benefits of foam coatings over traditional coatings
  • Growing popularity of lightweight and eco-friendly products
  • Technological advancements in foam coating formulations
  • Rising demand from emerging markets

Scope Of The Report

Report Attributes

Report Details

Report Title

Foam Coatings Market Research Report

By Type

Water based, Solvent Based, Powder Based

By Application

Building & Construction, Oil & Gas, Transportation, Consumer Electronics, Others

By Companies

SCG Building Materials, SK KAKEN CO., LTD., Vista Paints Corporation, BASF Coatings GmbH, Diamond Vogel Paints, Kelly-Moore Paints, Indigo Paints Pvt Ltd, ...

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Foam Coatings Market Report Segments:

The global Foam Coatings market is segmented on the basis of:


Water based, Solvent Based, Powder Based

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Building & Construction, Oil & Gas, Transportation, Consumer Electronics, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. SCG Building Materials
  3. Vista Paints Corporation
  4. BASF Coatings GmbH
  5. Diamond Vogel Paints
  6. Kelly-Moore Paints
  7. Indigo Paints Pvt Ltd
  8. ...

Global Foam Coatings Market Overview

Highlights of The Foam Coatings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Water based
    2. Solvent Based
    3. Powder Based
  1. By Application:

    1. Building & Construction
    2. Oil & Gas
    3. Transportation
    4. Consumer Electronics
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Foam Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Foam Coatings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Foam coatings are a type of coating that is applied to metal surfaces to protect them from corrosion. Foam coatings are made up of small bubbles that form when the coating is applied to the metal. The bubbles create a protective layer on the surface of the metal that helps prevent corrosion.

Some of the major players in the foam coatings market are SCG Building Materials, SK KAKEN CO., LTD., Vista Paints Corporation, BASF Coatings GmbH, Diamond Vogel Paints, Kelly-Moore Paints, Indigo Paints Pvt Ltd.

The foam coatings market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Foam Coatings Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Foam Coatings Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Foam Coatings Market - Supply Chain
   4.5. Global Foam Coatings Market Forecast
      4.5.1. Foam Coatings Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Foam Coatings Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Foam Coatings Market Absolute $ Opportunity

5. Global Foam Coatings Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Foam Coatings Market Size and Volume Forecast by Type
      5.3.1. Water based
      5.3.2. Solvent Based
      5.3.3. Powder Based
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Foam Coatings Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Foam Coatings Market Size and Volume Forecast by Application
      6.3.1. Building & Construction
      6.3.2. Oil & Gas
      6.3.3. Transportation
      6.3.4. Consumer Electronics
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Foam Coatings Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Foam Coatings Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Foam Coatings Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Foam Coatings Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Foam Coatings Demand Share Forecast, 2019-2029

9. North America Foam Coatings Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Foam Coatings Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Foam Coatings Market Size and Volume Forecast by Application
      9.4.1. Building & Construction
      9.4.2. Oil & Gas
      9.4.3. Transportation
      9.4.4. Consumer Electronics
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Foam Coatings Market Size and Volume Forecast by Type
      9.7.1. Water based
      9.7.2. Solvent Based
      9.7.3. Powder Based
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Foam Coatings Demand Share Forecast, 2019-2029

10. Latin America Foam Coatings Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Foam Coatings Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Foam Coatings Market Size and Volume Forecast by Application
      10.4.1. Building & Construction
      10.4.2. Oil & Gas
      10.4.3. Transportation
      10.4.4. Consumer Electronics
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Foam Coatings Market Size and Volume Forecast by Type
      10.7.1. Water based
      10.7.2. Solvent Based
      10.7.3. Powder Based
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Foam Coatings Demand Share Forecast, 2019-2029

11. Europe Foam Coatings Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Foam Coatings Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Foam Coatings Market Size and Volume Forecast by Application
      11.4.1. Building & Construction
      11.4.2. Oil & Gas
      11.4.3. Transportation
      11.4.4. Consumer Electronics
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Foam Coatings Market Size and Volume Forecast by Type
      11.7.1. Water based
      11.7.2. Solvent Based
      11.7.3. Powder Based
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Foam Coatings Demand Share, 2019-2029

12. Asia Pacific Foam Coatings Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Foam Coatings Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Foam Coatings Market Size and Volume Forecast by Application
      12.4.1. Building & Construction
      12.4.2. Oil & Gas
      12.4.3. Transportation
      12.4.4. Consumer Electronics
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Foam Coatings Market Size and Volume Forecast by Type
      12.7.1. Water based
      12.7.2. Solvent Based
      12.7.3. Powder Based
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Foam Coatings Demand Share, 2019-2029

13. Middle East & Africa Foam Coatings Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Foam Coatings Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Foam Coatings Market Size and Volume Forecast by Application
      13.4.1. Building & Construction
      13.4.2. Oil & Gas
      13.4.3. Transportation
      13.4.4. Consumer Electronics
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Foam Coatings Market Size and Volume Forecast by Type
      13.7.1. Water based
      13.7.2. Solvent Based
      13.7.3. Powder Based
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Foam Coatings Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Foam Coatings Market: Market Share Analysis
   14.2. Foam Coatings Distributors and Customers
   14.3. Foam Coatings Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. SCG Building Materials Overview Financials Developments Strategic Outlook
      14.4.2. SK KAKEN CO., LTD. Overview Financials Developments Strategic Outlook
      14.4.3. Vista Paints Corporation Overview Financials Developments Strategic Outlook
      14.4.4. BASF Coatings GmbH Overview Financials Developments Strategic Outlook
      14.4.5. Diamond Vogel Paints Overview Financials Developments Strategic Outlook
      14.4.6. Kelly-Moore Paints Overview Financials Developments Strategic Outlook
      14.4.7. Indigo Paints Pvt Ltd Overview Financials Developments Strategic Outlook
      14.4.8. ... Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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