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Foam Insulation Market by Product Type (Polystyrene, Polyurethane & Polyisocyanurate, Polyolefin, Elastomeric, and Phenolic), End-use Industry (Building & Construction, Transportation, and Consumer Appliances), and Region - Global Forecast to 2021

Foam Insulation Market: Global Forecast until 2021

  • April 2017
  • 138 pages
  • ID: 4823019
In this report:
The market size in this segment is expected to grow from ##,##.## kilotons in 2015 to ##,##.## kilotons by 2021, at a CAGR of ##.##% between 2016 and 2021.
According to the Global Construction Perspectives and Oxford Economics, the construction output will grow by ##% to USD ##.## trillion worldwide by 2030.

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"Growing construction and transportation sectors to drive the foam insulation market"

The foam insulation market was estimated at ~$17.6B in 2016 and is projected to extend ~$22.4B by 2021, at a compound annual growth rate of ~4.9 percent from 2016 to 2021. The foam insulation market is mainly influenced by the increasing construction and transportation end-use markets. The increase of the construction industry is assigned to growing population and quick industrialization in developing countries, including India, China (CN), Russian Federation, South Africa (ZA), Indonesia (ID), and Brazil (BR), among others. Because, the market demand for foam insulation in the transportation sector is influenced by the growing demand for perishable food items, where foam insulation is used in refrigerated containers for the transportation of temperature-sensitive food items.

"The elastomeric segment is forecasted to be the second-fastest increasing product type segment, in terms of quantity, from 2016 to 2021"

Elastomeric foam exhibits properties including low thermal conductivity and high resistance to water vapor transmission, and is fire resistant in nature. Elastomeric foam is manufactured without using chlorofluorocarbons, hydrochlorofluorocarbons, or hydrofluorocarbons, which makes them environmentally friendly. The industry demand for elastomeric foam is growing due to its rising use in different applications, including refrigeration piping, HVAC components, interior & exterior duct systems, and chillers, among others.

"EU to lead the sector during the outlook period in terms of value importance"

The increasing demand for green energy buildings in the european area is driving the industry for foam insulation in the area. The growing concern for greenhouse gas emissions and the different stringent building codes for construction of new residential and commercial buildings in the territory have also led to the high demand for foam insulation in the building and construction end-use market. Germany (DE) recorded for the biggest share of the European foam insulation market, succeeded by France (FR), Italy (IT), and the United Kingdom

In the process of finding out and checking the market value for the different segments and sub-segments collected by secondary research, extensive primary audit sessions were conducted as follows:

• By Company category: Tier 1 (31.0 percent), Tier 2 (46.0 percent), and Tier 3 (23.0 percent)

• By Description: C-suite (46.0 percent), D-level (27.0 percent), and Others (27.0 percent)

• By Area: Asia Pacific (APAC) (60.0 percent), North America continent (25.0 percent), Europe (EU) (10.0 percent), South America region (4.0 percent), and Middle East (ME) & African continent (1.0 percent)

The top players decribed in the study contain BASF SE, Covestro (ETR:1COV), Huntsman International LLC, Kingspan Group PLC, Lapolla Sectors, Incorporated, Owens Corning (NYSE:OC), Recticel Group, Saint-Gobain, the Dow Chemical Company, Armacell International S.A., and Johns Manville.

Segment Research

This study breaks down the market for foam insulation into product class, end-use sector, and area, and offers the estimations for the global value of the market and the sub-segments across several areas. An in-depth study of the top industry actors has been conducted to provide industry insights into their business overviews, products & services, top strategies, latest product launches, acquisitions, strategic agreements, joint ventures (JV), and latest developments combined with the sector for foam insulation.

Why acquiring this study can help you:

This market research highlights on several levels of analyses - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the global views on the competitive landscape; coming out and high-growth segments of the foam insulation market; high-growth areas; and sector drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on foam insulation products provided by the top actors in the overall foam insulation market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the foam insulation market

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the industries for foam insulation across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall foam insulation market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the foam insulation market

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