"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Foam Insulation Market Size, Share & Industry Analysis, By Material (Polystyrene, Polyisocyanurate, Polyurethane, Phenolic, Others), By Type(Rigid/Board, Flexible, Spray), By End-use Industry (Building & construction, Transportation, Consumer Appliances) Others and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102346 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Foam Insulation are the polymeric materials widely used for various insulating and proofing applications. These foams are manufactured using a variety of materials with different properties. Thermal insulation, acoustic insulation, weather proofing, etc. are some of the prominent applications of foam insulation. Reduced weight, superior moisture barrier, enhanced acoustic insulation, and more energy efficiency are amongst top benefits offered by foam insulations.


The construction industry is experiencing a healthy boost across various parts of the world, especially in the Asia-Pacific. Foam insulation is significantly used in the construction industry for various purposes. Increased commercial activities have also boosted the demand for foam insulation. Some of the prominent areas of application of foam insulation in the construction industry include unfinished walls, foundation walls, floor & ceiling, unvented low slope roofs, etc. These foams offer high insulating value for relatively little thickness. Moreover, foam insulations can even block short-circuits if installed continuously over frames. 


Key Market Driver -

The rising demand of insulation foams from construction industry is expected to drive the market.

Key Market Restraint -

Implementation of stringent environmental regulations to restrict the market growth.


However, the implementation of stringent environmental norms is expected to hamper the market growth over the forecast period. Harmful and polluting gases are released into the atmosphere during the manufacturing of foam insulations. Manufacturers have to abide with the emission norms as per national and international standards. Also, the pollution caused by the usage of these foam in the food & beverage industry has resulted in a ban. For instance, polystyrene cups, plates and other products have been banned in various parts of the world. Thus, implementing stringent environmental norms may restrict market growth.


Market Segmentation:


On the basis of material, the foam insulation market is segmented into polystyrene, polyisocyanurate, polyurethane, phenolic and others. Based on the type, the foam insulation market is classified into rigid/board, flexible and spray. On the basis of end-use industry, the market is classified as building & construction, consumer appliances and transportation.  


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.


Key Players Covered:


The global Foam Insulation market is fairly fragmented with a large number of key players operating in the market. Some of the prominent manufacturers in the global Foam Insulation market include- BASF SE, Huntsman Corporation, Kingspan Group, Covestro AG, Saint-Gobain, Armacell International SA, Recticel Group, Mitsui Chemicals & SKC Polyurethanes Co Ltd (MCNS), Asahi Kasei, Mitsui Chemicals, Inc., Eurofoam Group, Rogers Corporation, DUNA-USA Inc, Tosoh Corporation and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in Foam Insulation market

  • New Product Launches, Expansions, Key Players

  • Regulatory Landscape

  • Porters Five Forces Analysis


Regional Analysis:


On a geographical basis, the Foam Insulation market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific accounts for lion’s share in the global foam insulation market closely followed by Europe. Construction and transportation industries have strongly supported the growth in the region. Increasing commercialization has positively impacted the market demand. China, India, Taiwan, etc. are some of the fastest growing construction and foam insulation markets in the region. Europe is expected to witness steady growth in the market owing to weak movements in the regional construction industry. Also, changing trade and environmental policies in the region is expected to hamper the market growth.


To gain extensive insights into the market, Request for Customization


The lawmakers in Europe are focusing on introducing stringent environmental norms on the polymer industry which may impact the growth. The resurgent construction industry in North America is expected to create healthy growth opportunities in the region. However, increasing environmental awareness and implementation of stringent environmental norms is likely to restrict market growth over the forecast period. Middle East & Africa and Latin America are relatively small foam insulation markets. The demand in the Middle East and Africa is greatly driven the construction industry of the GCC countries. However, political turbulence in the region is expected to affect the market growth over the forecast period. Brazil & Mexico drive the foam insulation market in Latin America region. Emerging economies such as Chile is expected to provide an impetus to the market growth over the forecast period. Nonetheless, political and social unrest is a great threat to  regional stability and is most likely to confine the market growth over the foreseeable period.


Segmentation


























 ATTRIBUTE


 DETAILS

By Material




  • Polystyrene

  • Polyisocyanurate

  • Polyurethane

  • Phenolic

  • Others



By Type




  • Rigid/Board

  • Flexible

  • Spray



By End-use Industry




  • Building & construction

  • Transportation

  • Consumer Appliances



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Foam Insulation Industrial Developments



  • December 2019, – Huntsman Corporation, a manufacturer of a variety of specialty chemicals and materials, announced the acquisition of Icynene-Lapolla, a manufacturer of foam insulation headquartered in the US. This is expected to strengthen Huntsman's position the global market.

  • September 2019, – Huntsman Corporation, announced the opening of a new production facility for the production of polyurethanes in Dubai.


  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

Kpmg
uniliver
LG Chem
Mobil
UBS

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X