NEW YORK, Feb. 6, 2023 /PRNewswire/ --
In-depth analysis provided in the report includes:
- Current and future market trends to highlight market conditions
- Comparative analysis of the market and its segments for the historic period of 2017 - 2021
- Market drivers and market impediments and their impact on market growth
- Positioning of market players and their business strategy analysis
- Download a sample now!
Foam insulation market size & segmentation analysis
The foam insulation market is estimated to grow at a CAGR of 8.84% between 2022 and 2027. The size of the market is forecasted to increase by USD 14,586.38 million. The foam insulation market is segmented based on end-user, type, and geography.
- Based on end-user, the foam insulation market is segmented into building, construction, and others.
- Based on type, the market is segmented into polystyrene foam, polyurethane and polyisocyanurate foam, phenolic foam, polyolefin foam, and elastomeric foam.
- Based on geography, the foam insulation market is segmented into APAC, Europe, North America, Middle East and Africa, and South America.
- For insights on the market contribution of each segment, buy the report!
Foam insulation market: Country-level analysis
The countries covered in the foam insulation market report are the US and Canada (North America); the UK, Germany, France, Rest of Europe (Europe); China and India (APAC); Saudi Arabia, South Africa, and Rest of the Middle East & Africa (Middle East & Africa); and Chile, Brazil, and Argentina (South America).
- APAC is estimated to account for 38% of the growth of the global market during the forecast period. The growth in APAC can be attributed to several factors, including the growing population, rapid urbanization, increasing demand for consumer appliances, increasing investments in the construction and healthcare industries, the growing automotive manufacturing hubs, and the growing e-commerce industry.
- Moreover, investments by vendors in countries such as China will boost regional market growth. These factors will fuel the growth of the market in APAC during the forecast period.
The geographic landscape of the report also provides market-impacting factors and changes that impact current and future trends. For detailed information, request a sample!
Foam insulation market: Dynamics & insights
Technavio's research report on foam insulation market provides analysis and insights about various drivers, along with key challenges, that impact the market throughout the forecast period.
The increasing demand for foam insulation is notably driving the market growth. In the automotive industry, foam insulation is extensively used to manufacture different automotive parts such as side skirts, wiper cowls, roll pans, and bumpers. In the construction industry, polyurethane foams are also used as weatherproof sealants. They form a seamless layer of insulation and cover irregular and hard-to-insulate shapes. Therefore, such factors will fuel the global market growth during the forecast period.
However, fluctuation in crude oil prices is challenging the market growth. A wide range of raw materials, such as diisocyanate, are used to produce polyurethane foams. Diisocyanate is a key reactive material required to produce polyurethane foam. Some of the most widely used isocyanates for polyurethane foam production include toluene diisocyanate (TDI) and polymeric isocyanate. These isocyanates are produced from benzene and its derivatives, which are manufactured from crude oil. However, the volatility in crude oil prices adversely affects the cost of these raw materials, which, in turn, impacts the manufacturing cost. As a result, vendors adopt various cost-cutting measures. These factors will hinder the growth of the global market during the forecast period.
Foam insulation market: Competitive landscape and vendor analysis
Technavio's report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Some of the major players operating in the foam insulation market are Alaska PUF Industries, Alpers Insulation, Armacell International SA, Asahi Kasei Corp., BASF SE, Berkshire Hathaway Inc., Compagnie de Saint Gobain SA, Covestro AG, DuPont de Nemours Inc., Elastochem Specialty Chemicals Inc., Green Insulation Technologies, Huntsman Corp., Isothane Ltd., Kingspan Group Plc, Owens Corning, Paulsen Insulation Co. LLC, Profoam Corp., Puff Inc., Ravago, Southern Foam Insulation, TN International, and Williams Insulation Inc., among others. For insights on the vendor offerings, download a PDF sample!
Related Reports:
The low foam surfactants market is estimated to grow at a CAGR of 6.21% between 2022 and 2027. The size of the market is forecasted to increase by USD 5,844.49 million. This report extensively covers market segmentation by application (home and personal care, industrial and institutional cleaning, food and dairy cleaning, and others), type (non-ionic, cationic, and amphoteric), and geography (APAC, Europe, North America, Middle East and Africa, and South America).
The spray polyurethane foam market is estimated to grow at a CAGR of 9.04% between 2022 and 2027. The size of the market is forecasted to increase by USD 1,312.48 million. This report extensively covers market segmentation by application (residential, commercial, and industrial), type (open cell and closed cell), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
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Foam Insulation Market Scope |
|
Report Coverage |
Details |
Page number |
172 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.84% |
Market growth 2023-2027 |
USD 14,586.38 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
8.6 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 38% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
Key companies profiled |
Alaska PUF Industries, Alpers Insulation, Armacell International SA, Asahi Kasei Corp., BASF SE, Berkshire Hathaway Inc., Compagnie de Saint Gobain SA, Covestro AG, DuPont de Nemours Inc., Elastochem Specialty Chemicals Inc., Green Insulation Technologies, Huntsman Corp., Isothane Ltd., Kingspan Group Plc, Owens Corning, Paulsen Insulation Co. LLC, Profoam Corp., Puff Inc., Ravago, Southern Foam Insulation, TN International, and Williams Insulation Inc. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio's materials market reports
Table of Content:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global foam insulation market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global foam insulation market 2017 - 2021 ($ million)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Building and Construction - Market size and forecast 2022-2027
- Exhibit 34: Chart on Building and Construction - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Building and Construction - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Building and Construction - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Building and Construction - Year-over-year growth 2022-2027 (%)
- 6.4 Others - Market size and forecast 2022-2027
- Exhibit 38: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by End-user
- Exhibit 42: Market opportunity by End-user ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 43: Chart on Type - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 45: Chart on Comparison by Type
- Exhibit 46: Data Table on Comparison by Type
- 7.3 Polystyrene foam - Market size and forecast 2022-2027
- Exhibit 47: Chart on Polystyrene foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Polystyrene foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Polystyrene foam - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Polystyrene foam - Year-over-year growth 2022-2027 (%)
- 7.4 Polyurethane and polyisocyanurate foam - Market size and forecast 2022-2027
- Exhibit 51: Chart on Polyurethane and polyisocyanurate foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Polyurethane and polyisocyanurate foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Polyurethane and polyisocyanurate foam - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Polyurethane and polyisocyanurate foam - Year-over-year growth 2022-2027 (%)
- 7.5 Phenolic foam - Market size and forecast 2022-2027
- Exhibit 55: Chart on Phenolic foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Phenolic foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Phenolic foam - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Phenolic foam - Year-over-year growth 2022-2027 (%)
- 7.6 Polyolefin foam - Market size and forecast 2022-2027
- Exhibit 59: Chart on Polyolefin foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Polyolefin foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Polyolefin foam - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Polyolefin foam - Year-over-year growth 2022-2027 (%)
- 7.7 Elastomeric foam - Market size and forecast 2022-2027
- Exhibit 63: Chart on Elastomeric foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Elastomeric foam - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Elastomeric foam - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Elastomeric foam - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by Type
- Exhibit 67: Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 China - Market size and forecast 2022-2027
- Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.9 US - Market size and forecast 2022-2027
- Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 113: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 114: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 116: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 117: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 118: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 119: Matrix on vendor position and classification
- 12.3 Alaska PUF Industries
- Exhibit 120: Alaska PUF Industries - Overview
- Exhibit 121: Alaska PUF Industries - Product / Service
- Exhibit 122: Alaska PUF Industries - Key offerings
- 12.4 Alpers Insulation
- Exhibit 123: Alpers Insulation - Overview
- Exhibit 124: Alpers Insulation - Product / Service
- Exhibit 125: Alpers Insulation - Key offerings
- 12.5 Armacell International SA
- Exhibit 126: Armacell International SA - Overview
- Exhibit 127: Armacell International SA - Business segments
- Exhibit 128: Armacell International SA - Key news
- Exhibit 129: Armacell International SA - Key offerings
- Exhibit 130: Armacell International SA - Segment focus
- 12.6 Asahi Kasei Corp.
- Exhibit 131: Asahi Kasei Corp. - Overview
- Exhibit 132: Asahi Kasei Corp. - Business segments
- Exhibit 133: Asahi Kasei Corp. - Key news
- Exhibit 134: Asahi Kasei Corp. - Key offerings
- Exhibit 135: Asahi Kasei Corp. - Segment focus
- 12.7 BASF SE
- Exhibit 136: BASF SE - Overview
- Exhibit 137: BASF SE - Business segments
- Exhibit 138: BASF SE - Key news
- Exhibit 139: BASF SE - Key offerings
- Exhibit 140: BASF SE - Segment focus
- 12.8 Berkshire Hathaway Inc.
- Exhibit 141: Berkshire Hathaway Inc. - Overview
- Exhibit 142: Berkshire Hathaway Inc. - Business segments
- Exhibit 143: Berkshire Hathaway Inc. - Key news
- Exhibit 144: Berkshire Hathaway Inc. - Key offerings
- Exhibit 145: Berkshire Hathaway Inc. - Segment focus
- 12.9 Compagnie de Saint Gobain SA
- Exhibit 146: Compagnie de Saint Gobain SA - Overview
- Exhibit 147: Compagnie de Saint Gobain SA - Business segments
- Exhibit 148: Compagnie de Saint Gobain SA - Key offerings
- Exhibit 149: Compagnie de Saint Gobain SA - Segment focus
- 12.10 Covestro AG
- Exhibit 150: Covestro AG - Overview
- Exhibit 151: Covestro AG - Business segments
- Exhibit 152: Covestro AG - Key news
- Exhibit 153: Covestro AG - Key offerings
- Exhibit 154: Covestro AG - Segment focus
- 12.11 DuPont de Nemours Inc.
- Exhibit 155: DuPont de Nemours Inc. - Overview
- Exhibit 156: DuPont de Nemours Inc. - Business segments
- Exhibit 157: DuPont de Nemours Inc. - Key news
- Exhibit 158: DuPont de Nemours Inc. - Key offerings
- Exhibit 159: DuPont de Nemours Inc. - Segment focus
- 12.12 Green Insulation Technologies
- Exhibit 160: Green Insulation Technologies - Overview
- Exhibit 161: Green Insulation Technologies - Product / Service
- Exhibit 162: Green Insulation Technologies - Key offerings
- 12.13 Huntsman Corp.
- Exhibit 163: Huntsman Corp. - Overview
- Exhibit 164: Huntsman Corp. - Business segments
- Exhibit 165: Huntsman Corp. - Key news
- Exhibit 166: Huntsman Corp. - Key offerings
- Exhibit 167: Huntsman Corp. - Segment focus
- 12.14 Isothane Ltd.
- Exhibit 168: Isothane Ltd. - Overview
- Exhibit 169: Isothane Ltd. - Product / Service
- Exhibit 170: Isothane Ltd. - Key offerings
- 12.15 Kingspan Group Plc
- Exhibit 171: Kingspan Group Plc - Overview
- Exhibit 172: Kingspan Group Plc - Business segments
- Exhibit 173: Kingspan Group Plc - Key news
- Exhibit 174: Kingspan Group Plc - Key offerings
- Exhibit 175: Kingspan Group Plc - Segment focus
- 12.16 Owens Corning
- Exhibit 176: Owens Corning - Overview
- Exhibit 177: Owens Corning - Business segments
- Exhibit 178: Owens Corning - Key news
- Exhibit 179: Owens Corning - Key offerings
- Exhibit 180: Owens Corning - Segment focus
- 12.17 Paulsen Insulation Co. LLC
- Exhibit 181: Paulsen Insulation Co. LLC - Overview
- Exhibit 182: Paulsen Insulation Co. LLC - Product / Service
- Exhibit 183: Paulsen Insulation Co. LLC - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 184: Inclusions checklist
- Exhibit 185: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 186: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 187: Research methodology
- Exhibit 188: Validation techniques employed for market sizing
- Exhibit 189: Information sources
- 13.5 List of abbreviations
- Exhibit 190: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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