Foam Market: Global Industry Analysis and Trends (2021-2027), Key Trends, Technology Trends, Market Share, Market Size.

Foam Market size was valued at US$ 89.58 Bn. in 2020 and the total revenue is expected to grow at 4.82 % through 2021 to 2027, reaching nearly US$ 124.54 Bn.

Foam Market Overview:

Foam is a solid or liquid that is created by encapsulating bubbles of gas. Foams include things like bath sponges and the head of a wineglass. The volume of gas in most foams is considerable, and the areas of gas are separated by thin coatings of liquid or solid. Suds is another name for soap foam. Foams are used in a variety of industries, including automobiles, mining and manufacturing, aviation, footwear, arts and entertainment, and furniture and mattresses. PU foam is a versatile material that can be used in both the automotive and construction industries. It assists automakers in addressing issues such as weight loss, stress cushioning, improved fuel economy, and durability. Foam Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysed specially with the impact of lockdown by region.

Foam Market Dynamics:

Forging, pipe-in-pipe, doors, roof boards, and slabs are all examples of how foam is employed in the construction sector. In both residential and commercial buildings, PU foam is frequently utilised to insulate interior walls and roofs. Crafts and architectural model construction also employ extruded polystyrene material. Because it is light but strong, with outstanding thermal insulation and high impact resistance, EPS is an ideal prefabrication material. Packaging is required for the protection and insulation of all types of commodities, particularly in the food industry and the online shopping (shippable materials) industry. The usage of foam in packing is increasing as people become more mindful of the safety, quality, and upkeep of a product's physical features. Product cost structures are determined by the price and availability of raw materials. Benzene, toluene, polyol, and phosgene are the primary raw components needed to produce foam. These are petroleum-based derivatives that are subject to price swings. Due to increased global demand, unrest, and foreign military action in the Middle East, oil prices were extremely volatile. Foam makers are always trying for sustainability in their business methods, in light of growing concerns about the use of fossil fuels and the impact of plastics on the environment. Oil price volatility has had a substantial impact on the foam industry's profitability in recent years. As a result, bio-based polyols that can be utilised to make foam were developed. Bio-based materials, such as soy-based polyols, outperform conventional polyols in terms of cost and sustainability. They're also less susceptible to hydrolysis and more thermally stable.

Global Foam Market Segment Analysis:

Based on the Type, the global Foam market is sub-segmented into Polyurethane, Polystyrene, Polyolefin, Phenolic, PET, and others. The Polyurethane segment held the largest market share of xx% in 2020. MDI, TDI, polyether polyols, and polyester polyols are the most common raw ingredients used to make polyurethane foam. In PU foam, open-cell structures can be found. These foams are commonly made with polyols and diisocyanates, both of which are derived from crude petroleum. A blowing agent is used to expand the foam's cells and increase its capacity in order to manufacture lightweight PU foam. Polyols with TDI (toluene diisocyanate) produce flexible foam, which is commonly used to make elastic slab board foam, but polyols with MDI produce stiff foam. Low heat flux coefficient, low density, low thermal expansion, strong mechanical strength, and good insulating qualities are all features of PU foam. It comes in a variety of stiffness, hardness, and density options. Upholstery, bedding, car and truck seating, and new inorganic plant substrates for roof or wall gardens all use low-density flexible foam. Foam Market by Type Based on the Applications, the global Foam market is sub-segmented into Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports, & Recreational, and others. Building and construction application segment led the foam market with a market share of around 37.1% in terms of revenue in 2020 thanks to increasing applications of foam for insulation purposes, pipe, molding, flooring, and wire and cables. Furniture and bedding are expected to be the second-largest segment attributed to growing applications, like carpet padding, mattress padding, fibers, chair cushions, and furniture. Foam Market by Application

Global Foam Market Regional Insights:

The Asia Pacific dominates the Global Foam market during the forecast period 2021-2027. The Asia Pacific held the largest market share of 39.2% in 2020. The region is the fastest-growing region in the bubble market, driven by rapid economic growth and heavy investment in automobiles, ships, construction and manufacturing, and manufacturing industries. The Asia-Pacific market is being propelled ahead by the increasing usage of foam in the architectural, automotive, apparel, sports and leisure, furniture and bedding, and manufacturing industries. The demand for high-quality products, the ever-growing population, and the ever-growing end industry have led to innovation and development of the market. The objective of the report is to present a comprehensive analysis of the global Foam Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Foam Market dynamic, structure by analyzing the market segments and project the global Foam Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Foam Market make the report investor’s guide.

Global Foam Market Scope: Inquire before buying

Global Foam Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 89.58 Bn.
Forecast Period 2021 to 2027 CAGR: 4.82% Market Size in 2027: US $ 124.54 Bn.
Segments Covered: by Product • Flexible Foam • Rigid Foam
by Type • Polyurethane • Polystyrene • Polyolefin • Phenolic • PET • Others
by Application • Building & Construction • Packaging • Automotive • Furniture & Bedding • Footwear, Sports, & Recreational • Others

Global Foam Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Foam Market Key Players

• BASF SE • Covestro AG • Wanhua Chemical Group Co., Ltd. • Bayer Material Science • Ube Industries, Ltd • Rogers Corporation • The Dow Chemical Company • Recticel NV/SA • Sealed Air Corporation • Huntsman International LLC • Zotefoams Plc. • The Woodbridge Group • Sekisui Alveo AG • Armacell International S.A.

Frequently Asked Questions:

1] What segments are covered in Foam Market report? Ans. The segments covered in Foam Market report are based on Product Type, Type and Applications. 2] Which region is expected to hold the highest share in the global Foam Market? Ans. Asia Pacific is expected to hold the highest share in the global Foam Market. 3] What is the market size of global Foam Market by 2027? Ans. The market size of global Foam Market by 2027 is US $ 124.54 Bn. 4] Who are the top key players in the global Foam Market? Ans. BASF SE, Covestro AG, Wanhua Chemical Group Co., Ltd., Bayer Material Science, and Ube Industries, Ltd are the top key players in the global Foam Market. 5] What was the market size of global Foam Market in 2020? Ans. The market size of global Foam Market in 2020 was US $ 89.58 Bn.
1. Global Foam Market: Research Methodology 2. Global Foam Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Foam Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Foam Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Foam Market Segmentation 4.1 Global Foam Market, by Product Type (2020-2027) • Flexible Foam • Rigid Foam 4.2 Global Foam Market, by Type (2020-2027) • Polyurethane • Polystyrene • Polyolefin • Phenolic • PET • Others 4.3 Global Foam Market, by Applications (2020-2027) • Building & Construction • Packaging • Automotive • Furniture & Bedding • Footwear, Sports, & Recreational • Others 5. North America Foam Market(2020-2027) 5.1 Global Foam Market, by Product Type (2020-2027) • Flexible Foam • Rigid Foam 5.2 Global Foam Market, by Type (2020-2027) • Polyurethane • Polystyrene • Polyolefin • Phenolic • PET • Others 5.3 Global Foam Market, by Applications (2020-2027) • Building & Construction • Packaging • Automotive • Furniture & Bedding • Footwear, Sports, & Recreational • Others 5.4 North America Foam Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Foam Market (2020-2027) 6.1. Asia Pacific Foam Market, by Product Type (2020-2027) 6.2. Asia Pacific Foam Market, by Type (2020-2027) 6.3. Asia Pacific Foam Market, by Applications (2020-2027) 6.4. Asia Pacific Foam Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Foam Market (2020-2027) 7.1 Middle East and Africa Foam Market, by Product Type (2020-2027) 7.2. Middle East and Africa Foam Market, by Type (2020-2027) 7.3. Middle East and Africa Foam Market, by Applications (2020-2027) 7.4. Middle East and Africa Foam Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Foam Market (2020-2027) 8.1. Latin America Foam Market, by Product Type (2020-2027) 8.2. Latin America Foam Market, by Type (2020-2027) 8.3. Latin America Foam Market, by Applications (2020-2027) 8.4 Latin America Foam Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Foam Market (2020-2027) 9.1. European Foam Market, by Product Type (2020-2027) 9.2. European Foam Market, by Type (2020-2027) 9.3. European Foam Market, by Applications (2020-2027) 9.4. European Foam Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. BASE SF 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Covestro AG 10.3. Wanhua Chemical Group Co., Ltd. 10.4. Bayer Material Science 10.5. Ube Industries, Ltd 10.6. Rogers Corporation 10.7. The Dow Chemical Company 10.8. Recticel NV/SA 10.9. Sealed Air Corporation 10.10. Huntsman International LLC 10.11. Zotefoams Plc. 10.12. The Woodbridge Group 10.13. Sekisui Alveo AG 10.14. Armacell International S.A.

About This Report

Report ID 122498
Category Material & Chemical
Published Date Jun 2021
Updated Date Nov 2021
Contact Us