Product Code: 978-1-68038-932-6
Polymer Foam Market Growth & Trends:
The global polymer foam market size is anticipated to reach USD 588.99 billion by 2030 and is anticipated to expand at a CAGR of 23.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Polymer foams are often lightweight, have high energy absorption, a high strength-to-weight ratio, and provide comfort due to their flexibility and softness. Growing population in the emerging economies of Asia Pacific, rising disposable income, and increase in purchasing power parity are the factors expected to propel the demand for automobiles over the forecast period.
Furthermore, various factors such as foam density, tensile strength, elongation, hardness, and vibration dampening are considered while designing the car seat. Providing comfort to an individual is also one of the key factors considered by automotive seat manufacturers. Polyurethane (PU) foams are durable, lightweight, versatile, resistant to corrosion & vibration, and recyclable and offer a high level of freedom in terms of geometric design.
Moreover, the growing global elderly population, particularly in Japan and Germany, has increased demand for memory foam-based bedding products including mattresses and pillows. Mattresses manufactured from these foams support the entire body and assist to relieve pain. Additionally, the growing influence of sustainable building materials is driving up demand for building materials that contribute to building energy efficiency. Polyurethane foams can assist in reducing the carbon emissions that lead to global warming by providing insulation to buildings. Some of the common application areas of polyurethane foams in buildings include pipes, roofs, cavity walls, and floors.
Polymer Foam Market Report Highlights:
- Polystyrene foam type dominated the source segment with more than 88.0% share in 2023. The growth in the construction sector, including residential, commercial, and infrastructure projects, drives the demand for expanded polystyrene foam foams due to their excellent thermal insulation properties.
- The polyurethane foam type segment is expected to grow at a significant CAGR over the forecast period.
- The building & construction application segment held the largest market share of 37.12% in 2023. Building & construction is expected to be the most important industry for polymer foam products owing to their various beneficial characteristics including excellent sound & thermal insulation, strength to weight ratio, load bearing capacity, and chemical resistance.
- The robust growth of building & construction and automotive industries coupled with ambitious wind energy capacity addition targets set by China, India, Germany, and the UK is expected to boost the demand for polymer foam across several end-use industries.
- Asia Pacific dominated the market owing to the substantial industrial growth and urbanization, which has resulted in an increase in demand for lightweight materials such as polymer foams in a variety of industries such as construction, automotive, packaging, and electronics. In addition, the Asia Pacific region has a vast and quickly rising population.
- In January 2023, Firestable Insulation Company launched industry-leading open & closed cell spray foam products, including StablebaseTM 2.0 Max R and StablebaseTM 0.5 Max Yield spray polyurethane foam (SPF). StablebaseTM 2.0 Max R is a two-component, next-generation hydrofluoroolefins (HFO) blown, closed-cell, spray-applied polyurethane foam solution. Similarly, StablebaseTM 0.5 Max Yield is a two-component, one-to-one, open-cell, spray-applied polyurethane foam.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Polymer Foam Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Distribution Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Technological Overview
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Polymer Foam Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Polymer Foam Market Estimates & Forecast, By Type, 2018 to 2030 (Kilo Tons) (USD Million)
- 4.3. Polyurethane Foam
- 4.3.1. Polyurethane Foam Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.4. Polystyrene Foam
- 4.4.1. Polystyrene Foam Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.5. PVC Foam
- 4.5.1. PVC Foam Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.6. Phenolic Foam
- 4.6.1. Phenolic Foam Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.7. Polyolefin Foam
- 4.7.1. Polyolefin Foam Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.8. Melamine Foam
- 4.8.1. Melamine Foam Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.9. Others
- 4.9.1. Other Type Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 5. Polymer Foam Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Polymer Foam Market Estimates & Forecast, By Application, 2018 to 2030 (Kilo Tons) (USD Million)
- 5.3. Packaging
- 5.3.1. Packaging Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4. Building & Construction
- 5.4.1. Building & Construction Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5. Furniture & Bedding
- 5.5.1. Furniture & Bedding Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6. Automotive
- 5.6.1. Automotive Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.7. Rail
- 5.7.1. Rail Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.8. Wind
- 5.8.1. Wind Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.9. Marine
- 5.9.1. Marine Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.10. Others
- 5.10.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. Polymer Foam Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. North America Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3. Europe
- 6.3.1. Europe Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key country dynamics
- 6.3.3.2. UK Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Key country dynamics
- 6.3.5.2. Italy Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Key country dynamics
- 6.3.6.2. Spain Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.7. Russia
- 6.3.7.1. Key country dynamics
- 6.3.7.2. Russia Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Key country dynamics
- 6.4.3.2. Japan Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.4. India
- 6.4.4.1. Key country dynamics
- 6.4.4.2. India Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. Key country dynamics
- 6.4.5.2. South Korea Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.6. Singapore
- 6.4.6.1. Key country dynamics
- 6.4.6.2. Singapore Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.7. Indonesia
- 6.4.7.1. Key country dynamics
- 6.4.7.2. Indonesia Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil Polymer Foam Market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Chemical Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 7. Polymer Foam Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Share/Position Analysis, 2023
- 7.4. Company Heat Map Analysis
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research And Development
- 7.6. Company Profiles
- 7.6.1. Arkema Group
- 7.6.1.1. Participant's overview
- 7.6.1.2. Financial performance
- 7.6.1.3. Product benchmarking
- 7.6.1.4. Recent developments
- 7.6.2. Armacell International S.A.
- 7.6.2.1. Participant's overview
- 7.6.2.2. Financial performance
- 7.6.2.3. Product benchmarking
- 7.6.2.4. Recent developments
- 7.6.3. BASF SE
- 7.6.3.1. Participant's overview
- 7.6.3.2. Financial performance
- 7.6.3.3. Product benchmarking
- 7.6.3.4. Recent developments
- 7.6.4. Borealis AG
- 7.6.4.1. Participant's overview
- 7.6.4.2. Financial performance
- 7.6.4.3. Product benchmarking
- 7.6.4.4. Recent developments
- 7.6.5. Fritz Nauer AG.
- 7.6.5.1. Participant's overview
- 7.6.5.2. Financial performance
- 7.6.5.3. Product benchmarking
- 7.6.5.4. Recent developments
- 7.6.6. Koepp Schaum GmbH
- 7.6.6.1. Participant's overview
- 7.6.6.2. Financial performance
- 7.6.6.3. Product benchmarking
- 7.6.6.4. Recent developments
- 7.6.7. JSP Corporation
- 7.6.7.1. Participant's overview
- 7.6.7.2. Financial performance
- 7.6.7.3. Product benchmarking
- 7.6.7.4. Recent developments
- 7.6.8. Polymer Technologies, Inc.
- 7.6.8.1. Participant's overview
- 7.6.8.2. Financial performance
- 7.6.8.3. Product benchmarking
- 7.6.8.4. Recent developments
- 7.6.9. Recticel NV
- 7.6.9.1. Participant's overview
- 7.6.9.2. Financial performance
- 7.6.9.3. Product benchmarking
- 7.6.9.4. Recent developments
- 7.6.10. Rogers Corporation
- 7.6.10.1. Participant's overview
- 7.6.10.2. Financial performance
- 7.6.10.3. Product benchmarking
- 7.6.10.4. Recent developments
- 7.6.11. SEKISUI ALVEO AG
- 7.6.11.1. Participant's overview
- 7.6.11.2. Financial performance
- 7.6.11.3. Product benchmarking
- 7.6.11.4. Recent developments
- 7.6.12. Synthos S.A.
- 7.6.12.1. Participant's overview
- 7.6.12.2. Financial performance
- 7.6.12.3. Product benchmarking
- 7.6.12.4. Recent developments
- 7.6.13. DowDuPont Inc
- 7.6.13.1. Participant's overview
- 7.6.13.2. Financial performance
- 7.6.13.3. Product benchmarking
- 7.6.13.4. Recent developments
- 7.6.14. Trelleborg AB
- 7.6.14.1. Participant's overview
- 7.6.14.2. Financial performance
- 7.6.14.3. Product benchmarking
- 7.6.14.4. Recent developments
- 7.6.15. Zotefoams plc
- 7.6.15.1. Participant's overview
- 7.6.15.2. Financial performance
- 7.6.15.3. Product benchmarking
- 7.6.15.4. Recent developments
- 7.6.16. Woodbridge Foam Corporation
- 7.6.16.1. Participant's overview
- 7.6.16.2. Financial performance
- 7.6.16.3. Product benchmarking
- 7.6.16.4. Recent developments
- 7.6.17. Sealed Air Corporation
- 7.6.17.1. Participant's overview
- 7.6.17.2. Financial performance
- 7.6.17.3. Product benchmarking
- 7.6.17.4. Recent developments