- Spray
- Flexible
- Rigid
Foam Insulation Market size is valued at USD 21,763.8 billion in 2022 and is expected to grow at a significant CAGR of 5.0% during the forecast period 2023-2029. The global market provides a detailed overview of the Foam Insulation market and that can be segmented by form, product type, and end-user. By type, The market has been segmented into Spray, Flexible, and Rigid. The spray segment is likely to be the largest and fastest-growing segment in terms of type. Based on product type the foam insulation market is segmented into Polystyrene, Polyurethane and Polyisocyanurate, Polyolefin, Elastomeric, Phenolic, and Others. Among these, the polystyrene segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on end-user, the market is segmented into Building and Construction, Automotive and Transportation, Electricals and Electronics, Packaging, and Others. The Building and Construction segment accounts for the largest share in 2021. Automotive is the second-largest share during the forecast period 2021-2028 according to Precision Business Insights.
Key Development:
In February 2020, Huntsman Corporation completed the acquisition of Icynene-Lapolla to expand the business in downstream polyurethanes.
Foam Insulation Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5%
Largest Market
Asia-Pacific
Fastest Growing Market
N/A
Foam Insulation Market
Weatherization Assistance Program (WAP) organized by the governments in developed countries coupled with an increase in demand for foam insulation from end-user industries, the launch of cost-effective products by market players and rapid growth in the construction industry are expected to create lucrative opportunities for the market.
Asia-Pacific got Significant Share
Foam Insulation Market
Asia-Pacific market is expected to witness the highest market share during the forecast period due to increase in greenhouse gas emissions, rise in construction industry
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The Foam Insulation Market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Foam Insulation Market Segmentation
By Form
By Product Type
- Polystyrene
- Polyurethane and Polyisocyanurate
- Polyolefin
- Elastomeric
- Phenolic
- Others
By End User
- Building and Construction
- Automotive and Transportation
- Electricals and Electronics
- Packaging
- Others
By Geography
- North America
- Europe
- latin America
- Asia Pacific
- MEA
Frequently Asked Questions
The Foam Insulation Market is projected to expand at a CAGR of 5% during the forecast period.
The major players in the global Foam Insulation market are Firmenich, Givaudan, CKC Fragrances, Symrise, The Estée Lauder Companies, Church & Dwight Co., Inc, THE AVON COMPANY, Parfums Christian Dior, Takasago International Corporation, T.Hasegawa USA Inc
Asia Pacific is the fastest-growing region for Foam Insulation Market
| 1. Executive Summary |
| 2. Global Foam Insulation Market Introduction |
| 2.1. Global Foam Insulation Market Taxonomy |
| 2.2. Global Foam Insulation Market Definitions |
| 2.2.1. Form |
| 2.2.2. Product Type |
| 2.2.3. End User |
| 3. Global Foam Insulation Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Foam Insulation Market Dynamic Factors - Impact Analysis |
| 3.6. Global Foam Insulation Market Competition Landscape |
| 4. Global Foam Insulation Market Analysis,2018-2022 and Forecast, 2023-2029 |
| 4.1. Market Analysis,2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Foam Insulation Market, By Form, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.1. Spray |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Flexible |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Rigid |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Foam Insulation Market Forecast, By Product Type, 2018-2022 and Forecast, 2022 2028 (Revenue, USD Mn) |
| 6.1. Polystyrene |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Polyurethane and Polyisocyanurate |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Polyolefin |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Elastomeric |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Phenolic |
| 6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Foam Insulation Market, By End User, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.1. Building and Construction |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Automotive and Transportation |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Electricals and Electronics |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Packaging |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Global Foam Insulation Market Forecast, By Region, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Foam Insulation Market - Opportunity Analysis Index, By Form, Product Type, End User and Region, 2023-2029 |
| 9. North America Foam Insulation MarketAnalysis,2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 9.1. By Form Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Spray |
| 9.1.2. Flexible |
| 9.1.3. Rigid |
| 9.2. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Polystyrene |
| 9.2.2. Polyurethane and Polyisocyanurate |
| 9.2.3. Polyolefin |
| 9.2.4. Elastomeric |
| 9.2.5. Phenolic |
| 9.2.6. Others |
| 9.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Building and Construction |
| 9.3.2. Automotive and Transportation |
| 9.3.3. Electricals and Electronics |
| 9.3.4. Packaging |
| 9.3.5. Others |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Foam Insulation Market - Opportunity Analysis Index, By Form, Product Type, End User, and Country, 2023-2029 |
| 9.6. North America Foam Insulation Market Dynamics Trends |
| 10. Europe Foam Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 10.1. By Form Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Spray |
| 10.1.2. Flexible |
| 10.1.3. Rigid |
| 10.2. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Polystyrene |
| 10.2.2. Polyurethane and Polyisocyanurate |
| 10.2.3. Polyolefin |
| 10.2.4. Elastomeric |
| 10.2.5. Phenolic |
| 10.2.6. Others |
| 10.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Building and Construction |
| 10.3.2. Automotive and Transportation |
| 10.3.3. Electricals and Electronics |
| 10.3.4. Packaging |
| 10.3.5. Others |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Foam Insulation Market - Opportunity Analysis Index, By Form, Product Type, End User, and Country, 2023-2029 |
| 10.6. Europe Foam Insulation Market Dynamics Trends |
| 11. Asia-Pacific Foam Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 11.1. By Form Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Spray |
| 11.1.2. Flexible |
| 11.1.3. Rigid |
| 11.2. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Polystyrene |
| 11.2.2. Polyurethane and Polyisocyanurate |
| 11.2.3. Polyolefin |
| 11.2.4. Elastomeric |
| 11.2.5. Phenolic |
| 11.2.6. Others |
| 11.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Building and Construction |
| 11.3.2. Automotive and Transportation |
| 11.3.3. Electricals and Electronics |
| 11.3.4. Packaging |
| 11.3.5. Others |
| 11.4. Country Analysis2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Foam Insulation Market - Opportunity Analysis Index, By Form, Product Type, End User, and Country, 2023-2029 |
| 11.6. Asia-Pacific Foam Insulation Market Dynamics Trends |
| 12. Latin America Foam Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 12.1. By Form Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Spray |
| 12.1.2. Flexible |
| 12.1.3. Rigid |
| 12.2. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Polystyrene |
| 12.2.2. Polyurethane and Polyisocyanurate |
| 12.2.3. Polyolefin |
| 12.2.4. Elastomeric |
| 12.2.5. Phenolic |
| 12.2.6. Others |
| 12.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Building and Construction |
| 12.3.2. Automotive and Transportation |
| 12.3.3. Electricals and Electronics |
| 12.3.4. Packaging |
| 12.3.5. Others |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Foam Insulation Market - Opportunity Analysis Index, By Form, Product Type, End User, and Country, 2023-2029 |
| 12.6. Latin America Foam Insulation Market Dynamics Trends |
| 13. Middle East and Africa Foam Insulation Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 13.1. By Form Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Spray |
| 13.1.2. Flexible |
| 13.1.3. Rigid |
| 13.2. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Polystyrene |
| 13.2.2. Polyurethane and Polyisocyanurate |
| 13.2.3. Polyolefin |
| 13.2.4. Elastomeric |
| 13.2.5. Phenolic |
| 13.2.6. Others |
| 13.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Building and Construction |
| 13.3.2. Automotive and Transportation |
| 13.3.3. Electricals and Electronics |
| 13.3.4. Packaging |
| 13.3.5. Others |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Foam Insulation Market - Opportunity Analysis Index, By Form, Product Type, End User, and Country, 2023-2029 |
| 13.6. MEA Foam Insulation Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Firmenich |
| 14.2.2. Givaudan |
| 14.2.3. CKC Fragrances |
| 14.2.4. Symrise |
| 14.2.5. The Estée Lauder Companies |
| 14.2.6. Church & Dwight Co., Inc. |
| 14.2.7. THE AVON COMPANY |
| 14.2.8. Parfums Christian Dior |
| 14.2.9. Takasago International Corporation |
| 14.2.10. T.Hasegawa USA Inc |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- BASF SE
- Covestro AG
- Huntsman International LLC
- Kingspan Group PLC
- Lapolla Industries, Inc.
- Owens Corning, Inc.
- Recticel Group
- Saint-Gobain
- Dow Chemical Company
- Armacell International S.A.
- Johns Manville