Market Overview:
On the basis of the product type, the global foam insulation market is
segmented into the polyurethane (PU) foam, polystyrene foam, polyolefin foam,
phenolic foam, elastomeric foam, and others. The polyurethane foam insulation
is further segmented into spray polyurethane foam (SPF), flexible PU foam, and
rigid PU foam. Polystyrene foam insulation is further segmented into expanded
polystyrene foam and extruded polystyrene foam.
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The polyurethane foam insulation accounted for the largest share of the
global foam insulation market in 2017 due to their several advantages over
other types of foam insulations such as its good thermal insulating
properties, low moisture-vapor permeability, high resistance to water
absorption, relatively high mechanical strength, low density, easy
installation, and low cost. SPF insulations held the major market share in 2017
under polyurethane foam insulation category due to their easy application and
performance efficiency and are expected to exhibit a significant demand over
the forecast period. However, extruded polystyrene foam insulation is expected
to showcase rising growth over the forecast period owing to its high R-value
retention over the long period of time.
Intended
Audience
The global
foam insulation market is segmented by product type, end-use industry, and
region.
On the basis
of the product type, the global Foam
Insulation Market Size is
segmented into the polyurethane (PU) foam, polystyrene foam, polyolefin foam,
phenolic foam, elastomeric foam, and others. The polyurethane foam insulation
is further segmented into spray polyurethane foam (SPF), flexible PU foam, and rigid
PU foam. Polystyrene foam insulation is further segmented into expanded
polystyrene foam and extruded polystyrene foam. The polyurethane foam
insulation accounted for the largest share of the global foam insulation market
in 2017 due to their several advantages over other types of foam insulations
such as its good thermal insulating properties, low moisture-vapor
permeability, high resistance to water absorption, relatively high mechanical
strength, low density, easy installation, and low cost. SPF insulations held
the major market share in 2017 under polyurethane foam insulation category due
to their easy application and performance efficiency and are expected to
exhibit a significant demand over the forecast period. However, extruded
polystyrene foam insulation is expected to showcase rising growth over the
forecast period owing to its high R-value retention over the long period of
time.
On the basis
of end-user industry, the global foam insulation market is segmented into
building & construction, transportation, consumer electronics, and others.
Building & construction industry accounted for the largest share of the
global foam insulation market in 2017 due to the strong demand for thermal
insulations in OCED countries to meet the building codes as well as in emerging
economies.
- Foam insulation
manufacturers
- Traders and distributors of
foam insulation
- Research and development
institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratory
Competitive
Analysis
Ø BASF SE
Ø Covestro AG
Ø Lapolla Industries, Inc.
Ø Huntsman International LLC
Ø DowDuPont Inc.
Ø SAFCO Foam Insulation
Ø CAJUN FOAM INSULATION.
Ø SAINT-GOBAIN
Ø EnergyGuard Foam Insulators, LP
Ø Insulation Northwest
Ø PUFF INC
Ø Pittsburgh Foam Insulation
Ø Owens Corning Commercial Insulation.
Ø Recticel NV/SA
Ø Armacell International S.A.
Ø Johns Manville.
Regional
Analysis
The global
foam insulation market is spanned across five regions namely Asia Pacific,
North America, Europe, Latin America, and the Middle East and Africa.
North America is expected to be the largest market for foam insulations,
followed by Europe. Asia Pacific is expected to be the fastest growing market
for foam insulations and is expected to show an exponential growth over the
forecast period. The Middle East & Africa and Latin America are also
expected to exhibit rising demand for foam insulation from the growing
construction industry over the forecast period.
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