Market Overview:
The global lightweight foam boards market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight foam boards in various applications, such as aerospace, automotive, building and construction, commercial transportation, and industrial. PVC foam boards are expected to hold the largest share of the global lightweight foam boards market in 2018 owing to their properties such as durability and resistance against moisture and fire. Asia Pacific is projected to be the fastest-growing region during the forecast period due to rising demand for lightweight foam boards from countries such as China and India.
Product Definition:
Lightweight foam boards are a type of insulation that has been specifically designed to be lightweight and easy to work with. They are made from a variety of different materials, including polystyrene, polyurethane, and extruded polystyrene. These boards can be used in a variety of applications, including wall insulation, roofing insulation, and sheathing.
PVC Foam Boards:
Polyvinyl Chloride (PVC) foam boards are lightweight, rigid and durable foams produced by the polymerization of vinyl chloride. PVC foam is a type of polyurethane and is manufactured using chemicals that are similar to those used in the production of regular polyurethane. The major difference between them being, while conventional polyurethanes have an amorphous molecular structure; PVC foams have a crystalline structure like wood fiber or cellulose.
Expanded Polystyrene Foam Boards:
Expanded Polystyrene (EPS) foam boards and it's usage in the lightweight foam boards market. EPS is a type of polymeric material that is produced by the addition of a cross-link between two polymer molecules through an initiated chemical reaction. It has superior properties such as high strength, stiffness, energy absorption capacity, lightweight and durability among others which makes it suitable for various end-use industries including furniture & bedding; automotive; packaging & transportation; consumer goods among others.
Application Insights:
The aerospace application segment led the global lightweight foam boards market in 2017. The demand for these products is expected to increase as a result of their increasing use in aircraft interiors to reduce weight and enhance fuel efficiency. In addition, these boards are increasingly being used in aerospace applications on account of their properties such as high durability, excellent thermal insulation and impact resistance.
Automotive application segment is anticipated to witness significant growth over the forecast period owing to rising product demand from major automotive manufacturers such as Ford Motor Company, General Motors Company and Tesla Inc., for manufacturing electric vehicles (EVs). In addition, lightweight foam provides structural integrity while reducing vehicle weight which aids improved fuel efficiency leading to reduced carbon emissions. Increasing product penetration into commercial transportation including trucks & buses is likely drive the market over the forecast period due largelyto its abilityto reduce overall vehicle weight by up to 30%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from countries such as China, India, Japan, South Korea, and Taiwan. Rapid industrialization coupled with increasing investments in infrastructure development by governments of various Asia Pacific countries are likely to drive product demand in building and construction applications.
The aerospace industry is one of the key industries that extensively use lightweight foam boards for constructing aircrafts among other things owing to their light weight nature which helps them attain higher speeds easier.
North America accounted for a significant share owing mainly on account of high production volumes attained by PVC foam boards followed by expanded polystyrene ( EPS )and extruded polystyrene ( TPS ).
Growth Factors:
- Increasing demand for lightweight and durable boards in construction and transportation industries
- Rising awareness about the benefits of using lightweight foam boards over traditional materials
- Growing popularity of DIY projects and home improvement initiatives
- Technological advancements that have led to the development of more efficient manufacturing processes
- Rising disposable income levels among consumers, which has resulted in an increase in spending on home improvement products
Scope Of The Report
Report Attributes
Report Details
Report Title
Lightweight Foam Boards Market Research Report
By Type
PVC Foam Boards, Expanded Polystyrene Foam Boards, Extruded Polystyrene Foam Boards
By Application
Aerospace, Automotive, Building and Construction, Commercial Transportation, Industrial
By Companies
3A Composites, Stadur, Armacell, Regal Plastics, R.L. Adams Plastics, Gilman Brothers Company, Biopac India Corporation Ltd., Hartman HartBoard
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Lightweight Foam Boards Market Report Segments:
The global Lightweight Foam Boards market is segmented on the basis of:
Types
PVC Foam Boards, Expanded Polystyrene Foam Boards, Extruded Polystyrene Foam Boards
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
Aerospace, Automotive, Building and Construction, Commercial Transportation, Industrial
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:
- 3A Composites
- Stadur
- Armacell
- Regal Plastics
- R.L. Adams Plastics
- Gilman Brothers Company
- Biopac India Corporation Ltd.
- Hartman HartBoard
Highlights of The Lightweight Foam Boards 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:
- PVC Foam Boards
- Expanded Polystyrene Foam Boards
- Extruded Polystyrene Foam Boards
- By Application:
- Aerospace
- Automotive
- Building and Construction
- Commercial Transportation
- Industrial
- 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 Lightweight Foam Boards 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?
Lightweight foam boards are made from a lightweight, porous material that is compressed into a thin sheet. They are often used as insulation or soundproofing materials and can be cut to any size or shape.
Some of the major companies in the lightweight foam boards market are 3A Composites, Stadur, Armacell, Regal Plastics, R.L. Adams Plastics, Gilman Brothers Company, Biopac India Corporation Ltd., Hartman HartBoard.
The lightweight foam boards market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lightweight Foam Boards 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. Lightweight Foam Boards Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lightweight Foam Boards Market - Supply Chain
4.5. Global Lightweight Foam Boards Market Forecast
4.5.1. Lightweight Foam Boards Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lightweight Foam Boards Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lightweight Foam Boards Market Absolute $ Opportunity
5. Global Lightweight Foam Boards 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. Lightweight Foam Boards Market Size and Volume Forecast by Type
5.3.1. PVC Foam Boards
5.3.2. Expanded Polystyrene Foam Boards
5.3.3. Extruded Polystyrene Foam Boards
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lightweight Foam Boards 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. Lightweight Foam Boards Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Automotive
6.3.3. Building and Construction
6.3.4. Commercial Transportation
6.3.5. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lightweight Foam Boards 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. Lightweight Foam Boards 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 Lightweight Foam Boards 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. Lightweight Foam Boards 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 Lightweight Foam Boards Demand Share Forecast, 2019-2029
9. North America Lightweight Foam Boards 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 Lightweight Foam Boards 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 Lightweight Foam Boards Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Automotive
9.4.3. Building and Construction
9.4.4. Commercial Transportation
9.4.5. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lightweight Foam Boards Market Size and Volume Forecast by Type
9.7.1. PVC Foam Boards
9.7.2. Expanded Polystyrene Foam Boards
9.7.3. Extruded Polystyrene Foam Boards
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 Lightweight Foam Boards Demand Share Forecast, 2019-2029
10. Latin America Lightweight Foam Boards 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 Lightweight Foam Boards 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 Lightweight Foam Boards Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Automotive
10.4.3. Building and Construction
10.4.4. Commercial Transportation
10.4.5. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lightweight Foam Boards Market Size and Volume Forecast by Type
10.7.1. PVC Foam Boards
10.7.2. Expanded Polystyrene Foam Boards
10.7.3. Extruded Polystyrene Foam Boards
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 Lightweight Foam Boards Demand Share Forecast, 2019-2029
11. Europe Lightweight Foam Boards 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 Lightweight Foam Boards 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 Lightweight Foam Boards Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Automotive
11.4.3. Building and Construction
11.4.4. Commercial Transportation
11.4.5. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lightweight Foam Boards Market Size and Volume Forecast by Type
11.7.1. PVC Foam Boards
11.7.2. Expanded Polystyrene Foam Boards
11.7.3. Extruded Polystyrene Foam Boards
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 Lightweight Foam Boards Demand Share, 2019-2029
12. Asia Pacific Lightweight Foam Boards 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 Lightweight Foam Boards 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 Lightweight Foam Boards Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Automotive
12.4.3. Building and Construction
12.4.4. Commercial Transportation
12.4.5. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lightweight Foam Boards Market Size and Volume Forecast by Type
12.7.1. PVC Foam Boards
12.7.2. Expanded Polystyrene Foam Boards
12.7.3. Extruded Polystyrene Foam Boards
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 Lightweight Foam Boards Demand Share, 2019-2029
13. Middle East & Africa Lightweight Foam Boards 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 Lightweight Foam Boards 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 Lightweight Foam Boards Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Automotive
13.4.3. Building and Construction
13.4.4. Commercial Transportation
13.4.5. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lightweight Foam Boards Market Size and Volume Forecast by Type
13.7.1. PVC Foam Boards
13.7.2. Expanded Polystyrene Foam Boards
13.7.3. Extruded Polystyrene Foam Boards
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 Lightweight Foam Boards Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Lightweight Foam Boards Market: Market Share Analysis
14.2. Lightweight Foam Boards Distributors and Customers
14.3. Lightweight Foam Boards Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3A Composites
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stadur
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Armacell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Regal Plastics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. R.L. Adams Plastics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gilman Brothers Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Biopac India Corporation Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hartman HartBoard
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
