Market Overview:
The global structural foam 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 lightweight and durable materials across different industries. In terms of type, the polyethylene segment is expected to lead the global structural foam market during the forecast period. This can be attributed to its properties such as high strength-to-weight ratio, chemical resistance, and thermal insulation. In terms of application, material handling is expected to hold the largest share in the global structural foam market during 2018–2030 owing to its growing demand from end-use industries such as automotive and construction.
Product Definition:
Structural foam is a type of foam used in the manufacturing of products such as furniture, appliances, and vehicles. Structural foam is made from polyurethane and has a higher density than other types of foams. This makes it stronger and more durable, which is why it is often used for products that need to be able to withstand heavy use.
Polyethylene:
Polyethylene is a widely used polymer in the foam industry. It is a soft and lightweight material, which offers high strength and chemical resistance. The demand for polyethylene has been growing on account of its increasing usage in packaging applications such as food & beverages, consumer goods, chemicals and pharmaceuticals among others. Polyethylene foams are produced by the thermal decomposition of ethylene oxide; hence it is also known as oxo-polymer or oxophane.
Polypropylene:
Polypropylene is a thermoplastic polymer and is used in the manufacturing of various products such as insulation foams, films, fibers, pipes & tanks among others. It has high demand in the global market owing to properties such as excellent chemical resistance and good mechanical strength. Polypropylene can be easily recycled making it an eco-friendly option which further propels its demand in the market.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for over 60.0% share of the overall revenue. The product is widely used in residential as well as non-residential buildings due to its lightweight characteristics, high strength and resistance to impact and compression. It is also used in foundations, grade slabs, floorings underlayment for carpet laying as well as subflooring systems among other applications such as carpentry & joinery or industrial storage facilities.
The automotive sector emerged as another key application area over the past few years owing to increasing demand from various end-use industries including commercial spaces such a shopping malls or hospitals along with growing consumer preference towards vehicles with enhanced fuel efficiency coupled with low maintenance cost involved during vehicle lifespan reduction of Structural Foam Systems (SFS).
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for over 30% of the global revenue share. The region is expected to continue its dominance over the forecast period owing to increasing demand from various application sectors, such as material handling, building & construction, automotive and others.
The growth of major countries in Europe including Germany, U.K., France and Italy is attributed to high industrial output coupled with government support for innovation through research activities. Structural foam has been used widely across industries such as aerospace & defense; automotive; consumer goods; energy & power; healthcare etc., which are likely to drive product demand further.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast years on account of rapid urbanization along with growing infrastructure sector mainly in India China Japan South Korea Indonesia Malaysia Thailand Vietnam Philippines China Pakistan Sri Lanka Bangladesh etc.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and aerospace industries
- Growing demand for insulation in construction industry
- Rising awareness about the benefits of structural foam over traditional materials
- Technological advancements that have led to the development of new applications for structural foam
- Growing popularity of composite structures made from structural foam
Scope Of The Report
Report Attributes
Report Details
Report Title
Structural Foam Market Research Report
By Type
Polyethylene, Polypropylene, Polystyrene, Polyurethane, Others
By Application
Material Handling, Building & Construction, Automotive, Electrical & Electronics, Others
By Companies
Evonik, Sabic, GI Plastek, Oneplastics, Armacell, BASF, DOW, Diab Group, Gurit, M-ep, Evonik, Season Group
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Structural Foam Market Report Segments:
The global Structural Foam market is segmented on the basis of:
Types
Polyethylene, Polypropylene, Polystyrene, Polyurethane, Others
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
Material Handling, Building & Construction, Automotive, Electrical & 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:
- Evonik
- Sabic
- GI Plastek
- Oneplastics
- Armacell
- BASF
- DOW
- Diab Group
- Gurit
- M-ep
- Evonik
- Season Group
Highlights of The Structural Foam 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:
- Polyethylene
- Polypropylene
- Polystyrene
- Polyurethane
- Others
- By Application:
- Material Handling
- Building & Construction
- Automotive
- Electrical & Electronics
- Others
- 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 Structural Foam 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?
Structural foam is a type of insulation that is made from compressed polyurethane foam. It's most commonly used in the construction and automotive industries, where it's used to insulate buildings, cars, and other structures. Structural foam can also be used as an acoustic barrier or soundproofing material.
Some of the major companies in the structural foam market are Evonik, Sabic, GI Plastek, Oneplastics, Armacell, BASF, DOW, Diab Group, Gurit, M-ep, Evonik, Season Group.
The structural foam market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Structural Foam 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 Structural Foam Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Structural Foam 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 Structural Foam 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 Structural Foam Market Size & Forecast, 2020-2028
4.5.1 Structural Foam Market Size and Y-o-Y Growth
4.5.2 Structural Foam 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 Polyethylene
5.2.2 Polypropylene
5.2.3 Polystyrene
5.2.4 Polyurethane
5.2.5 Others
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 Material Handling
6.2.2 Building & Construction
6.2.3 Automotive
6.2.4 Electrical & Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Structural Foam 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 Structural Foam 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 Polyethylene
9.6.2 Polypropylene
9.6.3 Polystyrene
9.6.4 Polyurethane
9.6.5 Others
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 Material Handling
9.10.2 Building & Construction
9.10.3 Automotive
9.10.4 Electrical & Electronics
9.10.5 Others
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 Polyethylene
10.6.2 Polypropylene
10.6.3 Polystyrene
10.6.4 Polyurethane
10.6.5 Others
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 Material Handling
10.10.2 Building & Construction
10.10.3 Automotive
10.10.4 Electrical & Electronics
10.10.5 Others
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 Polyethylene
11.6.2 Polypropylene
11.6.3 Polystyrene
11.6.4 Polyurethane
11.6.5 Others
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 Material Handling
11.10.2 Building & Construction
11.10.3 Automotive
11.10.4 Electrical & Electronics
11.10.5 Others
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 Polyethylene
12.6.2 Polypropylene
12.6.3 Polystyrene
12.6.4 Polyurethane
12.6.5 Others
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 Material Handling
12.10.2 Building & Construction
12.10.3 Automotive
12.10.4 Electrical & Electronics
12.10.5 Others
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 Polyethylene
13.6.2 Polypropylene
13.6.3 Polystyrene
13.6.4 Polyurethane
13.6.5 Others
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 Material Handling
13.10.2 Building & Construction
13.10.3 Automotive
13.10.4 Electrical & Electronics
13.10.5 Others
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 Structural Foam Market: Competitive Dashboard
14.2 Global Structural Foam Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 Sabic
14.3.3 GI Plastek
14.3.4 Oneplastics
14.3.5 Armacell
14.3.6 BASF
14.3.7 DOW
14.3.8 Diab Group
14.3.9 Gurit
14.3.10 M-ep
14.3.11 Evonik
14.3.12 Season Group
