Market Overview:
The global rigid foam insulation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and environment-friendly buildings, rising awareness about the benefits of rigid foam insulation among consumers, and growing construction activities across the globe. The global rigid foam insulation market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into expanded polystyrene (EPS), extruded polystyrene (XPS), polyisocyanurate (PIR), and others. EPS held a major share in 2017 owing to its low thermal conductivity and high R-value properties. On the basis of application, building & construction accounted for a major share in 2017 as it offers thermal resistance against heat flow in both residential and nonresidential buildings.
Product Definition:
Rigid foam insulation is a type of insulation that is made from polystyrene, polyurethane, or other foams. It is often used in walls and ceilings to provide thermal insulation and soundproofing. Rigid foam insulation can be very important for homes because it can help keep the home warm in the winter and cool in the summer.
Expanded Polystyrene (EPS):
Expanded Polystyrene (EPS) is a widely used rigid foam insulation material in the building and construction industry. It offers superior thermal insulation, sound absorption, and protection from extreme temperatures. EPS is lightweight; it can be easily cut to size with a knife or scissors and can be formed into any shape by compressing or expanding at will.
Extruded Polystyrene (XPS):
Extruded polystyrene is a type of synthetic material that is manufactured using styrene and other plastic-type compounds. It has high durability, low thermal conductivity, and sound absorption properties. The product can be used in various industries including building & construction, automotive & transportation, consumer goods packaging among others.
Application Insights:
Building & 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 the segment growth over the forecast period. Rigid foam insulation provides thermal resistance and protection against extreme cold and heat, thus is widely used in residential as well as commercial structures including walls, roofs, basements and pipes.
Rigid foams are also used extensively in transportation applications such as buses & trucks due to its excellent impact strength and high durability. It can be molded into various shapes which helps reduce wind resistance thereby improving fuel efficiency by reducing vehicle drag. In addition, it reduces CO2 emissions significantly by improving aerodynamics on account of superior gas permeability properties exhibited by these products during testing done by authorities such as ULCA (Uruguay) or IEA (International Energy Agency).
Regional Analysis:
Europe Rigid Foam Insulation Market accounted for the largest revenue share in 2017. The growth is attributed to rising product demand from the building and construction sector, which is one of the key sectors driving industrial development across Europe. Moreover, stringent regulatory scenario coupled with increasing consumer awareness regarding energy conservation will drive industry expansion over the forecast period.
Asia Pacific market was valued at USD X million in 2017 and is expected to witness significant growth over the forecast period owing to rapid urbanization resulting into increased construction activities especially in developing countries such as China, India, Indonesia among others are anticipated to propel industry expansion over next eight years time frame.
The Asia Pacific region comprises emerging economies such as China and India that have been experiencing strong economic growth along with growing population; thereby leading towards an increase in residential.
Growth Factors:
- Increasing demand for energy-efficient and green buildings: The global market for rigid foam insulation is expected to benefit from the increasing demand for energy-efficient and green buildings. Rigid foam insulation helps in reducing the amount of energy used for heating or cooling a building, thereby making it more environmentally friendly.
- Rising awareness about the benefits of using rigid foam insulation: There has been a rise in awareness about the benefits of using rigid foam insulation in recent years, which is likely to drive its market growth over the forecast period. Some of these benefits include improved thermal performance, reduced noise levels, and protection against moisture infiltration.
- Growing popularity of spray polyurethane foam (SPF): Spray polyurethane foam (SPF) is becoming increasingly popular as a method of installing rigid foam insulation due to its ability to quickly cover large areas with minimal labor requirements. This is likely to boost demand for SPF products over the forecast period.
- owing to rapid urbanization and rising disposable income levels around the world .This would create opportunities for players operating in the global Rigid Foam Insulation market . 5 Increased use of composites in various industries: Composites are being increasingly used in various industries such as automotive, aerospace & defense, wind turbines etc., owing to their superior properties such as
Scope Of The Report
Report Attributes
Report Details
Report Title
Rigid Foam Insulation Market Research Report
By Type
Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), Polyisocyanurate, Others
By Application
Building & Construction, Transportation, Consumer Appliances, Industrial Insulation, Others
By Companies
PolyOne Corporation, DoW Chemicals, K-Flex, BASF, Covestro, Huntsman International, ...
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 Rigid Foam Insulation Market Report Segments:
The global Rigid Foam Insulation market is segmented on the basis of:
Types
Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), Polyisocyanurate, 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
Building & Construction, Transportation, Consumer Appliances, Industrial Insulation, 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:
- PolyOne Corporation
- DoW Chemicals
- K-Flex
- BASF
- Covestro
- Huntsman International
- ...
Highlights of The Rigid 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:
- Expanded Polystyrene (EPS)
- Extruded Polystyrene (XPS)
- Polyisocyanurate
- Others
- By Application:
- Building & Construction
- Transportation
- Consumer Appliances
- Industrial Insulation
- 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 Rigid 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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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?
Rigid foam insulation is a type of insulation that is made from polyurethane. It is often used in place of traditional fiberglass insulation because it is more rigid and doesn't allow moisture or air to pass through it. This makes it an ideal option for areas such as the attic, crawlspace, and basement where moisture and air infiltration can be a problem.
Some of the major companies in the rigid foam insulation market are PolyOne Corporation, DoW Chemicals, K-Flex, BASF, Covestro, Huntsman International.
The rigid foam insulation market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rigid 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. Rigid 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. Rigid Foam Insulation Market - Supply Chain
4.5. Global Rigid Foam Insulation Market Forecast
4.5.1. Rigid Foam Insulation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rigid Foam Insulation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rigid Foam Insulation Market Absolute $ Opportunity
5. Global Rigid 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. Rigid Foam Insulation Market Size and Volume Forecast by Type
5.3.1. Expanded Polystyrene (EPS)
5.3.2. Extruded Polystyrene (XPS)
5.3.3. Polyisocyanurate
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rigid 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. Rigid Foam Insulation Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Transportation
6.3.3. Consumer Appliances
6.3.4. Industrial Insulation
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rigid 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. Rigid 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 Rigid 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. Rigid 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 Rigid Foam Insulation Demand Share Forecast, 2019-2029
9. North America Rigid 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 Rigid 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 Rigid Foam Insulation Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Transportation
9.4.3. Consumer Appliances
9.4.4. Industrial Insulation
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 Rigid Foam Insulation Market Size and Volume Forecast by Type
9.7.1. Expanded Polystyrene (EPS)
9.7.2. Extruded Polystyrene (XPS)
9.7.3. Polyisocyanurate
9.7.4. Others
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 Rigid Foam Insulation Demand Share Forecast, 2019-2029
10. Latin America Rigid 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 Rigid 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 Rigid Foam Insulation Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Transportation
10.4.3. Consumer Appliances
10.4.4. Industrial Insulation
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 Rigid Foam Insulation Market Size and Volume Forecast by Type
10.7.1. Expanded Polystyrene (EPS)
10.7.2. Extruded Polystyrene (XPS)
10.7.3. Polyisocyanurate
10.7.4. Others
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 Rigid Foam Insulation Demand Share Forecast, 2019-2029
11. Europe Rigid 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 Rigid 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 Rigid Foam Insulation Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Transportation
11.4.3. Consumer Appliances
11.4.4. Industrial Insulation
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 Rigid Foam Insulation Market Size and Volume Forecast by Type
11.7.1. Expanded Polystyrene (EPS)
11.7.2. Extruded Polysyrene (XPS)
11.7.3. Polyisocyanurate
11.7.4. Others
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 Rigid Foam Insulation Demand Share, 2019-2029
12. Asia Pacific Rigid 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 Rigid 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 Rigid Foam Insulation Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Transportation
12.4.3. Consumer Appliances
12.4.4. Industrial Insulation
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 Rigid Foam Insulation Market Size and Volume Forecast by Type
12.7.1. Expanded Polystyrene (EPS)
12.7.2. Extruded Polystyrene (XPS)
12.7.3. Polyisocyanurate
12.7.4. Others
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 Rigid Foam Insulation Demand Share, 2019-2029
13. Middle East & Africa Rigid 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 Rigid 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 Rigid Foam Insulation Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Transportation
13.4.3. Consumer Appliances
13.4.4. Industrial Insulation
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 Rigid Foam Insulation Market Size and Volume Forecast by Type
13.7.1. Expanded Polystyrene (EPS)
13.7.2. Extruded Polystyrene (XPS)
13.7.3. Polyisocyanurate
13.7.4. Others
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 Rigid Foam Insulation Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Rigid Foam Insulation Market: Market Share Analysis
14.2. Rigid Foam Insulation Distributors and Customers
14.3. Rigid Foam Insulation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PolyOne Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DoW Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. K-Flex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Covestro
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huntsman International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
