Few materials serve as many industries as rigid foam does. The Rigid Foam Market Growth outlook is firm, with value moving from US$ 73,786.7 million in 2018 to US$ 131,558.9 million by 2027. The expected CAGR between 2019 and 2027 is 6.7%.
What Is Driving the Market?
Rigid foams offer a useful mix of properties. They are waterproof, anti-static, anti-vibration and anti-skid. They resist oils, detergents, cleaners, water, snow and many corrosive chemicals. On floors, they protect concrete surfaces and extend the life of the concrete below.
Building and construction is the biggest pull. Foam sheathing works as insulation. It helps control indoor temperature and cuts the energy a building needs for heating and cooling. Rigid foams made from expanded polystyrene, extruded polystyrene and polyisocyanurate are valued for thermal insulation, durability and moisture control.
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Looks matter as well. Rigid foam systems come in many colors, shades and textures. Metallic pigments and vinyl color flakes can create surfaces with a rich finish. This visual appeal is expected to lift demand, and these foams are increasingly used in new housing projects and in the renovation of older homes.
Lightweight packaging and vehicle use add further demand, and the report names both as support for the United States market.
Which Segment Leads?
The report splits the market by type and by end-use industry. Types are polyurethane foam, polystyrene foam, polypropylene foam, polyethylene foam, polyvinyl chloride foam and others. End-use industries are building and construction, appliances, packaging, automotive and others.
Polyurethane foam leads by type, with a CAGR of 6.6%. Rigid polyurethane foam is widely used in refrigeration, construction and packaging. It offers superior insulation and good dimensional stability.
Building and construction holds the largest share by end use. Foam used in houses, shops and offices reduces the energy needed to heat and cool them.
Which Region Leads?
Asia Pacific leads the market. The region held a 44.4% share in 2018. The report credits the presence of major foam makers and rising production activity. China accounted for the largest revenue share within the region.
Rapid industrialization, urbanization and a fast-growing car market, with China producing the most vehicles, lift demand. The United States is named as a key market in North America. The report also covers Europe, South and Central America, and the Middle East and Africa.
Which Companies Are Prominent?
The report profiles these market leaders:
What Is Changing in the Market?
Sustainability is the clearest shift. Polymer output keeps rising, and so does plastic waste. New environmental rules push makers to find ways to treat that waste or switch to biodegradable plastics. Polylactide is one of the preferred bioplastics.
The report points to a promising idea. Waste from polylactide can be turned into rigid polyurethane-polyisocyanurate foams. In the formulation, it can partly replace petrochemical polyol. This helps manage scarce resources, puts waste to use and gives buyers an environment-friendly choice.
What Are the Investment Opportunities?
Green building offers a major opening. Growth in energy-efficient construction should raise demand for insulating foams. Suppliers with strong polyurethane and polyisocyanurate lines are well placed.
Eco-friendly packaging is another opportunity, as buyers want lighter, more sustainable materials.
The report estimates an addressable market of about US$ 931.39 billion across 2019 to 2027. With a CAGR of 6.7%, the market gives manufacturers and investors a firm base to plan around.
FAQs
Related Reading / Reports
Explore additional research from The Insight Partners covering related foam and plastics markets:
If you have any queries about this report, or need more details as of now, please get in touch with us.
Phone: +1-646-491-9876
E-mail: sales@theinsightpartners.com
Also Available in : Korean | German | Japanese | French | Chinese | Italian | Spanish
What Is Driving the Market?
Rigid foams offer a useful mix of properties. They are waterproof, anti-static, anti-vibration and anti-skid. They resist oils, detergents, cleaners, water, snow and many corrosive chemicals. On floors, they protect concrete surfaces and extend the life of the concrete below.
Building and construction is the biggest pull. Foam sheathing works as insulation. It helps control indoor temperature and cuts the energy a building needs for heating and cooling. Rigid foams made from expanded polystyrene, extruded polystyrene and polyisocyanurate are valued for thermal insulation, durability and moisture control.
Get a Sample Report https://www.theinsightpartners.com/sample/TIPRE00005351
Looks matter as well. Rigid foam systems come in many colors, shades and textures. Metallic pigments and vinyl color flakes can create surfaces with a rich finish. This visual appeal is expected to lift demand, and these foams are increasingly used in new housing projects and in the renovation of older homes.
Lightweight packaging and vehicle use add further demand, and the report names both as support for the United States market.
Which Segment Leads?
The report splits the market by type and by end-use industry. Types are polyurethane foam, polystyrene foam, polypropylene foam, polyethylene foam, polyvinyl chloride foam and others. End-use industries are building and construction, appliances, packaging, automotive and others.
Polyurethane foam leads by type, with a CAGR of 6.6%. Rigid polyurethane foam is widely used in refrigeration, construction and packaging. It offers superior insulation and good dimensional stability.
Building and construction holds the largest share by end use. Foam used in houses, shops and offices reduces the energy needed to heat and cool them.
Which Region Leads?
Asia Pacific leads the market. The region held a 44.4% share in 2018. The report credits the presence of major foam makers and rising production activity. China accounted for the largest revenue share within the region.
Rapid industrialization, urbanization and a fast-growing car market, with China producing the most vehicles, lift demand. The United States is named as a key market in North America. The report also covers Europe, South and Central America, and the Middle East and Africa.
Which Companies Are Prominent?
The report profiles these market leaders:
- ARMACELL INTERNATIONAL HOLDING GMBH
- BOREALIS AG
- COMPAGNIE DE SAINT-GOBAIN S.A.
- Covestro AG
- Dow Chemical Corporation
- Huntsman International LLC
- JSP
- BASF SE
- SEKISUI CHEMICAL CO., LTD.
- ZoteFoams Plc
What Is Changing in the Market?
Sustainability is the clearest shift. Polymer output keeps rising, and so does plastic waste. New environmental rules push makers to find ways to treat that waste or switch to biodegradable plastics. Polylactide is one of the preferred bioplastics.
The report points to a promising idea. Waste from polylactide can be turned into rigid polyurethane-polyisocyanurate foams. In the formulation, it can partly replace petrochemical polyol. This helps manage scarce resources, puts waste to use and gives buyers an environment-friendly choice.
What Are the Investment Opportunities?
Green building offers a major opening. Growth in energy-efficient construction should raise demand for insulating foams. Suppliers with strong polyurethane and polyisocyanurate lines are well placed.
Eco-friendly packaging is another opportunity, as buyers want lighter, more sustainable materials.
The report estimates an addressable market of about US$ 931.39 billion across 2019 to 2027. With a CAGR of 6.7%, the market gives manufacturers and investors a firm base to plan around.
FAQs
- What is the size of the Rigid Foam Market?
- What is the expected growth rate of the market?
- Which region holds the largest share?
- Which type of rigid foam leads the market?
Related Reading / Reports
Explore additional research from The Insight Partners covering related foam and plastics markets:
- One-Component Polyurethane Foam Market — covers a widely used polyurethane foam format.
- Plastic Pipes Market — looks at plastics used in building and infrastructure.
- Plastic Fencing Market — covers plastic products used in construction.
- Masterbatch Market — tracks additive concentrates used in plastics.
If you have any queries about this report, or need more details as of now, please get in touch with us.
Phone: +1-646-491-9876
E-mail: sales@theinsightpartners.com
Also Available in : Korean | German | Japanese | French | Chinese | Italian | Spanish