Foam Plastics Market by Type (PU, PS, PO, Phenolic), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region – Global Forecast to 2025

2020-06-09
Price :
Published : Jun-2020
No. of Pages : 174

“Foam plastics market is projected to register a CAGR of 4.8% between 2020 and 2025.”

Foam plastics are resins used in manufacturing polymer foams, which are used in various end-use industries such as building & construction, furniture & bedding, packaging, and automotive among others. The foam plastics market is projected to grow from USD 51.3 billion in 2020 to USD 65.4 billion by 2025, at a CAGR of 4.8% between 2020 and 2025. Growth of major end-use industries of foam plastics, high demand for foam plastics in APAC, and energy sustainability and energy conservation properties of foam plastics are the major factors driving the growth of the market.

“Building & construction segment is projected to be the largest end use market of foam plastics.”

The building & construction industry is expected to lead the overall foam plastics end use market, in terms of value, between 2020 and 2025. Building & construction applications include forging, doors, roof board, and slabs. The building & construction industry is also expected to witness the highest growth rate during the next five years, driven by huge investments in new infrastructure development, new housing projects, and renovation of non-residential buildings in the US, China, India, and Brazil.

“Polyurethane resin is the fastest-growing segment of the foam plastics market.”

PU resins are used to manufacture foams which are available in a wide range of rigidity, hardness, and density levels. Low-density flexible foams are used in upholstery, bedding, automotive and truck seating, and novel inorganic plant substrates for roof or wall gardens. Low-density rigid foams are used in thermal insulation and RTM cores.PU resin-based foams are mainly used in furniture & bedding and building & construction sectors. It is produced by many leading manufacturers. BASF provides foam plastics under brands such as Elastoflex, CosyPUR, Elastopor, Elastospray, Elasto foam, and Elastopir.

“APAC is estimated to be the largest market for foam plastics during the forecast period.”

APAC is projected to be the largest and the fastest-growing market for foam plastics during the forecast period. The region encompasses countries with different levels of economic development. The market growth in the region is mainly attributed to its high economic growth rate and heavy investments across industries, such as building & construction, packaging, furniture& bedding, automotive, footwear, and sports & recreational. The key foam plastics market players are expanding their production capacities in APAC, especially in China and India. The advantages of shifting production to APAC are the low cost of production and the ability to serve the local emerging market better.

Extensive primary interviews have been conducted,and information has been gathered from secondary research to determine and verify the market size of several segments and sub-segments.

Breakdown of Primary Interviews:

  • By Company Type: Tier 3 – 18%, Tier 2 – 46%, and Tier 1 – 36%
  • By Designation: D Level – 27%, C Level – 18%,and Others – 55%
  • By Region: APAC – 45%, North America – 18%, Europe – 9%, South America- 9%,and the Middle East & Africa– 9%

The key companies profiled in this report are BASF SE (Germany), Covestro (Germany), Huntsman International LLC (US), The Dow Chemical Company (US), and Wanhua Chemical Group Co., Ltd. (China).

Research Coverage:

The foam plastics market has been segmented based on type (polyurethane, polystyrene, polyolefin, phenolic, and others),end-use industry (building & construction, packaging, automotive, furniture & bedding, footwear, sports & recreational, others), and region (APAC, Europe, North America, Middle East &Africa, and South America). The end-use industry segments are further analyzed for each country in the respective regions.

Reasons to Buy the Report

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on foam plastics offered by top players in the market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for foam plastics across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.
Filed in: Advanced Material
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

3D Printing Materials Market by Type (Plastic, Metal, Ceramic), End-Use industry (Automotive, Healthcare, Aerospace & Defense, Consumer Goods, Construction), Form (Powder, Filament, Liquid), Technology, Application, and Region – Global Forecast to 2025

The 3D printing materials market is projected to register a CAGR of 23.5%, in terms of value,between 2020 and 2025. The global 3D printing materials market size is estimated to grow from USD 1.6 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 23.5% between 2020 and 2025.3D printing materials are used in different industries such as automotive, aerospace & defense, and healthcare.However, global pandemic disease COVID-19 has forced the automotive and aircraft manufacturers to shut down their operations, which is expected to slow down the growth for 3D printing materials in 2020 Metal 3D printing materials are projected to register a higher CAGR, in terms of value and volume,between 2020 and 2025.’ Metals materials are highly useful in manufacturing components for the......
$4950

Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry and Region – Global Forecast to 2025

“The composites  market is projected to register a CAGR of 8.8% during the forecast period.” The global composites market size is projected to grow from USD 70.4 billion in 2020 to USD 112.8 billion by 2025, at a CAGR of 8.8% between 2020 and 2025. Composites offer exceptional properties, such as stiffness, strength, tenacity, density, thermal & electrical conductivity, fatigue, and corrosion resistance. Owing to these outstanding properties offered by the composites, they are preferred over conventional materials such as aluminum steel in high performance applications in several end-use industries. However, global pandemic disease COVID-19 has forced the automotive, wind blade, and aircraft manufacturers to shut down their operations, which is expected to decrease the demand f......
$4950

Protective Clothing Market by Material Type (Aramid & Blends, Polyolefin & Blends, Polyamide, and PBI), Application (Thermal, Chemical, and Visibility), End-Use Industry (Construction, Manufacturing, Oil & Gas, and Mining) – Global Forecast to 2025

“Stringent regulations pertaining to the safety of personnel in developed economies are expected to drive the protective clothing market.” The protective clothing market is estimated to grow from USD 8.8 billion in 2020 to USD 12.3 billion by 2025, at a CAGR of 6.92%. The protective clothing market is largely driven by the stringent regulations pertaining to the safety of personnel in developed economies. The rising number of workplace-related injuries is leading to the increased concern of the employers about ensuring the safety of their workers. The rising concern of both the employers and employees regarding the safety at the workplace is expected to drive the protective clothing market. “PBI is expected to be the fastest-growing segment by material type of the protective cl......
$4950

Aerospace Composites Market by Fiber Type (Carbon, Ceramic, Glass), Matrix Type, Application, Manufacturing Process, Aircraft Type (Commercial Aircraft, Business & General Aviation, Civil Helicopter, Military Aircraft), and Region – Global Forecast to 2025

“The aerospace composites market is projected to register a CAGR of 11.7% during the forecast period.” The global aerospace composites market size is projected to grow from USD 23.8 billion in 2020 to USD 41.4 billion by 2025, at a CAGR of 11.7% during the same period. The aerospace composites offer exceptional properties, such as low weight, stiffness, strength, tenacity, density, thermal & electrical conductivity, fatigue, and corrosion resistance. Owing to these outstanding properties, conventional materials, such as aluminum and steel, are less preferred in high-performance applications such as aircraft interiors and exteriors. However, the global pandemic disease COVID-19 has forced the aerospace component manufacturers to shut down their operations partially, which is expe......
$4950

Fluoroelastomers Market by Type (FKM, FVMQ, FFKM), Application (O-rings, seals & gaskets, Hoses), End-use (Automotive, Aerospace, Chemicals, Oil & Gas, Pharmaceutical & Food, Energy & Power) and Region – Global Forecast to 2025

“Stringent emission norms and increasing demand for fuel-efficient vehicles are projected to drive the fluoroelastomers market.” The global fluoroelastomers market size is projected to grow from USD 1.6 billion in 2020 to USD 1.8 billion by 2025, at a compound annual growth rate (CAGR) of 2.5% between 2020 and 2025. The global fluoroelastomers industry has witnessed growth primarily because of the strict emission regulations adopted by the automotive industry and the growing demand for more fuel-efficient vehicles. “O-rings application is projected to witness the highest CAGR during the forecast period.” The o-rings application of the fluoroelastomers market is projected to witness the highest growth during the forecast period.Fluoroelastomer-based O-rings are used in extr......
$4950

BOPP Films Market by Type (Wraps, Bags & Pouches, Tapes, Labels), Thickness (Below 15 Microns, 15-30 Microns, 30-45 Microns, More Tham 45 Microns), Production Process (Tenter, Tubular), Application, and Region – Global Forecast to 2025

“Growing demand from the food & beverage sector is projected to drive the over all growth of the BOPP films market across the globe from 2020 to 2025.” The global BOPP films market size is projected to grow from USD 24.26 billion in 2020 to USD 31.42 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.3%. The BOPP films market has been growing in tandem with the growth in the packaging industry. Food, beverages, and medical packaging are the largest end users of these films. With the growth in the packaging market in the developing nations, the demand for bi-axially oriented films has increased. It is the most preferred material for food & pharmaceutical products packaging owing to its non-toxic and cost-effectiveness. It also acts as a barrier to external agents w......
$5650

Core Materials Market by Type (Foam, Honeycomb, and Balsa), End-use Industry (Wind Energy, Aerospace & Defense, Marine, Automotive & Transportation, Construction, and Industrial), and Region – Global Forecast to 2025

“The core materials market is projected to register a CAGR of 13.5% during the forecast period.” The global core materials market size is projected to grow from USD 1.2 billion in 2020 to USD 2.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.5% between 2020 and 2025.Core materials are the key components in sandwich structure composites that provide thickness and high stiffness with low density. The composite skins surrounding the core material provide strength to the overall structure. Core materials are gaining wide acceptance in various end-use industries owing to their high strength and low weight, which is driving the demand for core materials in various end-use industries.However, amidst the global COVID-19 pandemic, the demand for core materials from the afore......
$4950

Long Steel Market by Process (Basic Oxygen Furnace, Electric Arc Furnace), Product Type (Rebar, Merchant Bar, Wire Rod, Rail) End-Use Industry (Construction, Infrastructure, Others), and Region (NA, EUROPE, APAC, MEA, SA) – Global Forecast to 2025

“In terms of value, the long steel market is projected to grow at a CAGR of 3.9% between 2020 and 2025.” In terms of value, the long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, industrialization, and rising population levels are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to have a severe impact on the long steel market. “The basic oxygen furnace segment is the projected to lead the long steel market during the forecast period.” Based on process, the long steel market has been classified into basic oxygen furnace and electric arc furnac......
$5650

COVID-19 Impact on Medical Tubing Market by Material (PVC, TPE & TPU, Polyolefin, and Silicone), Application (Drug Delivery, Bulk Disposable Tubing, Catheters & Cannulas, and Special Applications) and Country – Forecast to 2021

 “Increasing demand from drug delivery and catheters and cannulas to drive the overall growth of the medical tubing market” The US medical tubing market size is expected to grow from USD 2.6 billion in 2020 to USD 2.9 billion by 2021, at a CAGR of 13.2% during the forecast period. The medical tubing  industry is driven by various factors, such as increasing consumption of medical tubing in various applications such as bulk disposable tubing, catheters & cannulas, drug delivery, and special application. Furthermore, the shift in consumer preference toward high-quality standard products in this pandemic situation is propelling the growth of the medical tubing market across the globe. However, factors such as restricting counterfeit products and fighting time from supply chain &a......
$5650

COVID-19 Impact On Medical Plastics Market by Type (Engineering Plastics and Standard Plastics), Application (Medical Disposables, Prosthetics, Medical Instruments & Tools and Drug Delivery) and Region – Global Forecast to 2021

The global medical plastics market is projected to register a CAGR of 17.2%, in terms of value, between 2020 and 2021. This is approximately 10% higher than earlier pre-COVID growth projections, The global medical plastics market size during this COVID-19 pandemic is projected to grow from USD 25.1 billion in 2020 to USD 29.4 billion by 2021, at a CAGR of 17.2%. The major drivers for the medical plastics industry include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, thermal scanners, and respirators. The medical disposables segment is estimated to be the largest application of medical plastics during the forecast period. The medical disposables segment accounts for the largest share in the m......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy