Market Overview:
The global foam board 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 construction materials. Foam board insulation is made up of polyurethane, EPS, or XPS and finds application in both commercial and residential buildings. It helps in reducing heat transfer through walls, roofs, and floors by trapping air bubbles within the insulating material. This reduces the amount of energy required for heating or cooling a building, thereby leading to cost savings over time.
Product Definition:
Foam Board Insulation is a rigid insulation made of polystyrene foam. It is used in walls, roofs and foundations to keep buildings warm in the winter and cool in the summer.
EPS Foam Board:
Expanded Polystyrene (EPS) foam board is a type of polystyrene foam, which is extruded as a single- or multi-layered sheet. It can be used in various applications including insulation and packaging. EPS foams are produced by the chemical reaction between styrene and expanded polyethylene; hence it contains properties of both polystyrene (PS) and expanded polyethylene (EPE).
XPS Foam Board:
XPS foam board is a closed-cell foam made from cross-linked polyurethane. It has high thermal conductivity, low density, and exhibits superior mechanical strength. The product is widely used in the insulation of roofing foils owing to its ability to provide efficient thermal performance coupled with high durability and easy installation.
Application Insights:
The commercial building segment accounted for the largest share in 2015 and is projected to continue its dominance over the forecast period. The rising demand for high-quality construction materials that are lightweight, yet highly durable is expected to drive the product demand in this application segment.
The residential building segment accounted fo ra significant market share and was valued at USD 391.6 million in 2015 owing to increasing use of foam board insulation products within walls, ceilings, roofs and attics of residential buildings across the globe. Foam boards offer thermal resistance against heat as well as sound; they are also easy to install with no need for nails or screws making them a preferred choice among DIY enthusiasts across all age groups.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to growing product demand for use as an exterior insulation and interior decoration solution in commercial and residential buildings, owing to its excellent characteristics such as lightweight, high thermal resistance, low moisture absorption and superior soundproofing properties.
The Asia Pacific regional market is expected to witness significant growth over the forecast period owing to rising construction activities mainly due to increasing population coupled with rapid urbanization across countries like China & India will drive product demand majorly for XPS foam board application which offers maximum flexibility for design modifications while building owners are free to change designs or remodel their existing structures at a later stage without having any modification costs involved.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for foam board insulation is expected to grow as the demand for energy-efficient buildings increases. Buildings that are well insulated can save up to 30% of the energy used for heating and cooling.
- Rising awareness about the benefits of foam board insulation: As people become more aware of the benefits of foam board insulation, they are increasingly choosing to install it in their homes and businesses. These benefits include improved comfort, reduced noise levels, and lower energy bills.
- Growing popularity of green building practices: Foam board insulation is a green building product, meaning it helps conserve natural resources and reduces greenhouse gas emissions. As more people adopt green building practices, the market for foam board insulation is expected to grow further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foam Board Insulation Market Research Report
By Type
EPS Foam Board, XPS Foam Board, Polyurethane Foam Board
By Application
Commercial Building, Residential Building, Industrial Building
By Companies
Owens Corning, Foamex, JM, Kingspan Insulation, Homann Group, Recticel, Celotex, Cabot, Austrotherm, Knauf Insulation, Owens Corning
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Foam Board Insulation Market Report Segments:
The global Foam Board Insulation market is segmented on the basis of:
Types
EPS Foam Board, XPS Foam Board, Polyurethane Foam Board
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
Commercial Building, Residential Building, Industrial Building
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:
- Owens Corning
- Foamex
- JM
- Kingspan Insulation
- Homann Group
- Recticel
- Celotex
- Cabot
- Austrotherm
- Knauf Insulation
- Owens Corning
Highlights of The Foam Board 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:
- EPS Foam Board
- XPS Foam Board
- Polyurethane Foam Board
- By Application:
- Commercial Building
- Residential Building
- Industrial Building
- 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 Board 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.
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
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 board insulation is a type of thermal insulation that is made from compressed air and foam. Foam board insulation is typically used in walls, ceilings, and floors to provide thermal protection.
Some of the key players operating in the foam board insulation market are Owens Corning, Foamex, JM, Kingspan Insulation, Homann Group, Recticel, Celotex, Cabot, Austrotherm, Knauf Insulation, Owens Corning.
The foam board insulation market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foam Board Insulation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Foam Board Insulation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foam Board Insulation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Foam Board Insulation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Foam Board Insulation Market Size & Forecast, 2020-2028
4.5.1 Foam Board Insulation Market Size and Y-o-Y Growth
4.5.2 Foam Board Insulation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 EPS Foam Board
5.2.2 XPS Foam Board
5.2.3 Polyurethane Foam Board
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Building
6.2.2 Residential Building
6.2.3 Industrial Building
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foam Board Insulation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Foam Board Insulation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 EPS Foam Board
9.6.2 XPS Foam Board
9.6.3 Polyurethane Foam Board
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Building
9.10.2 Residential Building
9.10.3 Industrial Building
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 EPS Foam Board
10.6.2 XPS Foam Board
10.6.3 Polyurethane Foam Board
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Building
10.10.2 Residential Building
10.10.3 Industrial Building
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 EPS Foam Board
11.6.2 XPS Foam Board
11.6.3 Polyurethane Foam Board
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Building
11.10.2 Residential Building
11.10.3 Industrial Building
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 EPS Foam Board
12.6.2 XPS Foam Board
12.6.3 Polyurethane Foam Board
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Building
12.10.2 Residential Building
12.10.3 Industrial Building
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 EPS Foam Board
13.6.2 XPS Foam Board
13.6.3 Polyurethane Foam Board
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Building
13.10.2 Residential Building
13.10.3 Industrial Building
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Foam Board Insulation Market: Competitive Dashboard
14.2 Global Foam Board Insulation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Owens Corning
14.3.2 Foamex
14.3.3 JM
14.3.4 Kingspan Insulation
14.3.5 Homann Group
14.3.6 Recticel
14.3.7 Celotex
14.3.8 Cabot
14.3.9 Austrotherm
14.3.10 Knauf Insulation
14.3.11 Owens Corning
