Global High Heat Foam market is expected to reach US $ 21.82 billion by 2029, thanks to growth in the automotive segment. The report analyzes market dynamics by region and end-user industries.Global High Heat Foam Market Overview:
The global high heat foam market was valued at US $12.41 Bn. in 2022, and it is expected to reach US $21.82 Bn. by 2029 with a CAGR of 8.41% during the forecast period. High heat foam is a form of insulating foam that is extensively used. Thanks to the energy-saving benefits that high heat foam provides to buildings and autos, it is mostly used in the construction and automotive industries. These two industries are currently posting record sales figures, which reflects well for the global high heat foam market.To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2018 to forecast the market through 2029. 2020 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Global High Heat Foam Market Dynamics:
Rising public awareness of the advantages to the environment. The rising awareness of the environmental benefits of using foam insulation is the key driver for the global high heat foam market. The high-temperature foam prevents heat from leaking into the environment and ambient heat from entering an insulated room. This eliminates the need for additional energy use. For example, foam insulation can assist limit the amount of heat that escapes and enters the cabin of a car. This reduces the need for further heating/cooling to generate/lose heat. Rising need from the construction and automobile industry. The global high heat foam market is being driven by rising demand from the automotive and construction industries. In the building industry, high-quality high-heat foam insulation can assist save money by lowering total energy usage. The global construction sector has benefited from sustained urbanization in developing nations like Egypt, Malaysia, India, and others and rising demand for rehabilitation and other redevelopment projects in developed regions, and it is likely to remain a prominent end-use segment of the global high heat foam market over the forecast period. Volatile petrochemicals cost. Petrochemical prices have been volatile, backed by a recovery in demand, despite disrupted petrochemical supplies caused by the COVID-19 epidemic. As petrochemicals are derivatives of crude oil, the rising trend in petrochemical pricing have been impacted by the improvement in crude oil prices. Brent crude oil prices have increased dramatically from a low of US $18.5 per barrel in April 2020 to the US $66 per barrel in March 2021 and most of these petrochemicals are used as raw materials to manufacture High Heat Foam. Thus, the volatile prices of petrochemicals leading to fluctuations in the production cost of foams in the global market is expected to challenge the market growth during the forecast period.Global High Heat Foam Market Segment Analysis:
Based on Type, the global high heat foam market is segmented into four types as follows, Silicone, Polyamide, Melamine, Polyethylene, and Others. In 2020, the silicone segment was dominant and held xx% of the overall market share. This segment is anticipated to grow at a CAGR of 6.25% during the forecast period. A silicone, often known as polysiloxane. It is a polymer composed of siloxane. Colorless oils or rubber-like compounds are the most common types of silicone. Adhesives, lubricants, sealants medications, culinary utensils, and thermal and electrical insulation all use silicones.Based on Application, the global high heat foam market is segmented into five types are as follows, Railway, Industrial, Aerospace, Automotive, and Others. In 2020, the automotive segment was dominant and held xx% of the overall market share in terms of revenue. The segment is expected to grow at a CAGR of 6.2% over the forecast period. Thanks to its energy-saving properties, high heat foam is frequently used as insulation in the automotive industry. Internal combustion engines produce greater heat during their combustion cycle. When these elements reach many heat-sensitive modules, such as batteries, starting motors, and sensors, have an adverse influence. To keep the heat from the exhaust from reaching these modules, high-temperature foams are required. To improve engine performance, high-performance cars use a lot of high-heat foams in the interiors.
Global High Heat Foam Market Regional Insights:
In 2020, Asia Pacific was dominant and held 63.32% of the overall market share in terms of revenue. In terms of demand, it is anticipated to remain the leading regional market in the near future. Other important factors contributing to the growth of the market in this region include increased foreign investment, expanding production facilities, a strong industrial foundation for the construction, packaging, and automotive sectors, and rising standard of living. The high heat foam market in this area is developing because of the rising demand for energy-efficient, a good insulators, and recyclable foam in industries such as automotive, railway, industrial, aerospace, and others. In 2020, Europe held the second-highest revenue share of xx% in terms of revenue followed by the markets in North America. The existence of prominent competitors in the market, as well as rising demand for lightweight vehicles that can improve fuel efficiency in automobiles are primary factors driving growth in the European market throughout the forecast period. Over the forecast period, the high heat foam market is expected to grow at a modest rate of xx% in South America and the Middle East, and Africa. The objective of the report is to present a comprehensive analysis of the global 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 have 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 report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global 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 market makes the report investor's guide.Global High Heat Foam Market Scope: Inquire before buying
High Heat Foam Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 12.41 Bn. Forecast Period 2023 to 2029 CAGR: 8.4% Market Size in 2029: US $ 21.82 Bn. Segments Covered: by Type Silicone Polyamide Melamine Polyethylene Others by Application Railway Industrial Aerospace Automotive Others Global High Heat Foam Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global High Heat Foam Market Key Players
1. BASF SE 2. Intec Foams 3. Sabic 4. UBE Industries Ltd. 5. Sinoyqx 6. Armacell International S.A. 7. Evonik Industries 8. Puren Gmbh 9. Wacker Chemie AG 10.Rogers Corporation 11.Rath Group 12.Morgan Advanced Materials 13.Luyang Energy Savings Materials Co. Ltd. 14.Knauf Insulation 15.Nutec 16.Clark Foam 17.Acoustafoam 18.OthersFrequently Asked Questions:
1. What is the forecast period considered for the High Heat Foam market report? Ans. The considered forecast period for the high heat foam market is 2023-2029. 2. Which key factors are hindering the growth of the High Heat Foam market? Ans. As some of the petrochemicals are used as raw materials for the production of high heat foam. Thus, the volatile prices of petrochemicals are the key factor expected to hinder the growth of the market during the forecast period. 3. What is the compound annual growth rate (CAGR) of the High Heat Foam market for the next 6 years? Ans. The global high heat foam market is expected to grow at a CAGR of 8.4% during the forecast period (2022-2029). 4. What are the key factors driving the growth of the High Heat Foam market? Ans. The increasing environmental awareness about the benefits of using High Heat Foam and the growing automobile and construction industry are the key factors expected to drive the growth of the high heat foam market during the forecast period. 5. Which are the worldwide major key players covered for the High Heat Foam market report? Ans. BASF SE, Intec Foams, Sabic, UBE Industries Ltd., Sinoyqx, Armacell International S.A., Evonik Industries, Puren Gmbh, Wacker Chemie AG, Rogers Corporation., Rath Group, Morgan Advanced Materials, Luyang Energy Savings Materials Co. Ltd., Knauf Insulation, Nutec, Clark Foam, Acoustafoam, and Others.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global High Heat Foam Market Size, by Market Value (US $Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the High Heat Foam Market 3.4. Geographical Snapshot of the High Heat Foam Market, By Manufacturer share 4. Global High Heat Foam Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global High Heat Foam Market 5. Supply Side and Demand Side Indicators 6. Global High Heat Foam Market Analysis and Forecast, 2022-2029 6.1. Global High Heat Foam Products Market Size & Y-o-Y Growth Analysis. 7. Global High Heat Foam Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Silicone 7.1.2. Polyamide 7.1.3. Melamine 7.1.4. Polyethylene 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Railway 7.2.2. Industrial 7.2.3. Aerospace 7.2.4. Automotive 7.2.5. Others 8. Global High Heat Foam Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America High Heat Foam Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Silicone 9.1.2. Polyamide 9.1.3. Melamine 9.1.4. Polyethylene 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Railway 9.2.2. Industrial 9.2.3. Aerospace 9.2.4. Automotive 9.2.5. Others 10. North America High Heat Foam Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. High Heat Foam Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada High Heat Foam Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico High Heat Foam Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe High Heat Foam Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe High Heat Foam Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. High Heat Foam Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France High Heat Foam Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany High Heat Foam Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy High Heat Foam Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain High Heat Foam Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden High Heat Foam Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries High Heat Foam Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe High Heat Foam Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific High Heat Foam Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific High Heat Foam Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China High Heat Foam Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India High Heat Foam Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan High Heat Foam Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea High Heat Foam Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Fungicide Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN High Heat Foam Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific High Heat Foam Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa High Heat Foam Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa High Heat Foam Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa High Heat Foam Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries High Heat Foam Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt High Heat Foam Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria High Heat Foam Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A High Heat Foam Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America High Heat Foam Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America High Heat Foam Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil High Heat Foam Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina High Heat Foam Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America High Heat Foam Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global High Heat Foam Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Application, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. BASF SE 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Intec Foams 45.3.3. Sabic 45.3.4. Ube Industries Ltd. 45.3.5. Sinoyqx 45.3.6. Armacell International S.A. 45.3.7. Evonik Industries 45.3.8. Puren GmbH 45.3.9. Wacker Chemie AG 45.3.10. Rogers Corporation 45.3.11. Rath Group 45.3.12. Morgan Advanced Materials 45.3.13. Luyang Energy Savings Material Co. Ltd. 45.3.14. Knauf Insulation 45.3.15. Nutec 45.3.16. Clark Foam 45.3.17. Acoustafoam 45.3.18. Others 46. Primary Key Insights