Market Overview:
The global foam insulation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and environment-friendly products, rising awareness about the benefits of foam insulation, and growing construction activities across the globe. The polystyrene segment is expected to lead the global foam insulation market in terms of revenue during the forecast period. This can be attributed to its properties such as high thermal resistance, low thermal conductivity, and good acoustic performance. The building & construction application segment is expected to account for a major share of the global foam insulation market during the forecast period.
Product Definition:
Foam insulation is a type of insulation that uses foam as the primary insulating material. It can be made from a variety of materials, including polyurethane, polystyrene, and phenolic. Foam insulation has many benefits, including its ability to resist moisture infiltration and its ability to insulate well even in areas with high humidity.
Polystyrene:
Polystyrene is a widely used material in the packaging and automotive industries. It is a versatile, strong, lightweight material that can be processed into various shapes and sizes. Polystyrene offers high resistance to chemicals, moisture & light; it also has an excellent strength-to-weight ratio which makes it ideal for use in various end-use industries including food packaging & labeling as well as consumer goods.
Polyurethane & Polyisocyanurate:
Polyurethane & Polyisocyanurate are foams produced by the reaction of isocyanates and polyols. They have high thermal stability, low density, and excellent mechanical strength. These properties make them suitable for use in various industries such as construction, automotive, marine and furniture among others.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for over 50% of the overall market. Rapid urbanization coupled with increasing demand for housing is expected to drive foam insulation market growth in this application segment over the forecast period.
Transportation sector is also expected to witness significant growth owing to rising disposable income levels, especially in developing countries such as China and India. Moreover, growing emphasis on green buildings coupled with improving infrastructure across various regions will boost foams applications in building and construction industry thereby driving product demand globally. Increasing use of polystyrene foams for cushioning vehicles due to their lightweight properties will drive product demand from transportation sector globally.
Consumer appliances are anticipated grow at a CAGR of XX% from 2017 to 2030 owingto increasing consumer spending power on appliances that offer premium quality along with energy efficiency features at an affordable price point which further drives foam insulation market growth worldwide.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing concerns regarding energy consumption and greenhouse gas emissions. The region is characterized by strict building codes that have mandated high insulation performance of buildings from 2014, which is expected to drive product demand over the forecast period.
Asia Pacific foam insulation market is anticipated to grow at a lucrative rate over the forecast period due to rapid urbanization and increasing construction activities in emerging economies such as China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam etc. In addition, rising awareness among consumers regarding benefits of better thermal isolation in homes will propel industry growth during the projected period.
Europe accounted for 23% share of global revenue in 2017 on account of early adoption foam products mainly due to extensive R&D undertaken by manufacturers on improving their efficiency coupled with stringent building regulations implemented since 2004/2005 are some factors attributing towards its large share globally.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global Foam Insulation market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for energy-efficient and environment-friendly products.
- Rising construction spending in developing countries: The growth of the construction industry in developing countries is expected to drive the Foam Insulation market during the forecast period.
- Growing awareness about thermal insulation benefits: There has been a rise in awareness about thermal insulation benefits offered by foam insulation among consumers, which is likely to boost the demand for foam insulation products in the coming years.
- Technological advancements: The introduction of new technologies that offer better performance and efficiency is projected to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foam Insulation Market Research Report
By Type
Polystyrene, Polyurethane & Polyisocyanurate, Polyolefin, Elastomeric, Phenolic
By Application
Building & Construction, Transportation, Consumer Appliances
By Companies
BASF, COVESTRO, HUNTSMAN, KINGSPAN GROUP, LAPOLLA INDUSTRIES, OWENS CORNING, SAINT-GOBAIN, THE DOW CHEMICAL, RECTICEL, ARMACELL INTERNATIONAL, JOHNS MANVILLE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Foam Insulation Market Report Segments:
The global Foam Insulation market is segmented on the basis of:
Types
Polystyrene, Polyurethane & Polyisocyanurate, Polyolefin, Elastomeric, Phenolic
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.
Applications
Building & Construction, Transportation, Consumer Appliances
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:
- BASF
- COVESTRO
- HUNTSMAN
- KINGSPAN GROUP
- LAPOLLA INDUSTRIES
- OWENS CORNING
- SAINT-GOBAIN
- THE DOW CHEMICAL
- RECTICEL
- ARMACELL INTERNATIONAL
- JOHNS MANVILLE
Highlights of The Foam Insulation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polystyrene
- Polyurethane & Polyisocyanurate
- Polyolefin
- Elastomeric
- Phenolic
- By Application:
- Building & Construction
- Transportation
- Consumer Appliances
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foam Insulation 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.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foam insulation is a type of thermal insulation that is made from compressed air, foam, and other materials. Foam insulation provides good thermal protection for buildings and can be used in place of other types of thermal insulation such as fiberglass or cellulose.
Some of the key players operating in the foam insulation market are BASF, COVESTRO, HUNTSMAN, KINGSPAN GROUP, LAPOLLA INDUSTRIES, OWENS CORNING, SAINT-GOBAIN, THE DOW CHEMICAL, RECTICEL, ARMACELL INTERNATIONAL, JOHNS MANVILLE.
The foam insulation market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Foam Insulation 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 Insulation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Foam Insulation Market - Supply Chain
4.5. Global Foam Insulation Market Forecast
4.5.1. Foam Insulation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Foam Insulation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Foam Insulation Market Absolute $ Opportunity
5. Global Foam Insulation 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 Insulation Market Size and Volume Forecast by Type
5.3.1. Polystyrene
5.3.2. Polyurethane & Polyisocyanurate
5.3.3. Polyolefin
5.3.4. Elastomeric
5.3.5. Phenolic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Foam Insulation 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 Insulation Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Transportation
6.3.3. Consumer Appliances
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Foam Insulation 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 Insulation 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 Insulation 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 Insulation 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 Insulation Demand Share Forecast, 2019-2029
9. North America Foam Insulation 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 Insulation 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 Insulation Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Transportation
9.4.3. Consumer Appliances
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Foam Insulation Market Size and Volume Forecast by Type
9.7.1. Polystyrene
9.7.2. Polyurethane & Polyisocyanurate
9.7.3. Polyolefin
9.7.4. Elastomeric
9.7.5. Phenolic
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 Insulation Demand Share Forecast, 2019-2029
10. Latin America Foam Insulation 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 Insulation 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 Insulation Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Transportation
10.4.3. Consumer Appliances
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Foam Insulation Market Size and Volume Forecast by Type
10.7.1. Polystyrene
10.7.2. Polyurethane & Polyisocyanurate
10.7.3. Polyolefin
10.7.4. Elastomeric
10.7.5. Phenolic
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 Insulation Demand Share Forecast, 2019-2029
11. Europe Foam Insulation 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 Insulation 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 Insulation Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Transportation
11.4.3. Consumer Appliances
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Foam Insulation Market Size and Volume Forecast by Type
11.7.1. Polystyrene
11.7.2. Polyurethane & Polyisocyanurate
11.7.3. Polyolefin
11.7.4. Elastomeric
11.7.5. Phenolic
11.8. Basis Point Share (BPS) Analysi 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 Insulation Demand Share, 2019-2029
12. Asia Pacific Foam Insulation 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 Insulation 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 Insulation Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Transportation
12.4.3. Consumer Appliances
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Foam Insulation Market Size and Volume Forecast by Type
12.7.1. Polystyrene
12.7.2. Polyurethane & Polyisocyanurate
12.7.3. Polyolefin
12.7.4. Elastomeric
12.7.5. Phenolic
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 Insulation Demand Share, 2019-2029
13. Middle East & Africa Foam Insulation 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 Insulation 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 Insulation Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Transportation
13.4.3. Consumer Appliances
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Foam Insulation Market Size and Volume Forecast by Type
13.7.1. Polystyrene
13.7.2. Polyurethane & Polyisocyanurate
13.7.3. Polyolefin
13.7.4. Elastomeric
13.7.5. Phenolic
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 Insulation Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Foam Insulation Market: Market Share Analysis
14.2. Foam Insulation Distributors and Customers
14.3. Foam Insulation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. COVESTRO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HUNTSMAN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KINGSPAN GROUP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LAPOLLA INDUSTRIES
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. OWENS CORNING
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SAINT-GOBAIN
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. THE DOW CHEMICAL
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RECTICEL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ARMACELL INTERNATIONAL
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JOHNS MANVILLE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook