Elastomeric Foam Market by Type (Natural Rubber/Latex, Synthetic Rubber (Nitrile-Butadiene Rubber, Ethylene-Propylene Diamine Monomer, Chloroprene)), End-Use Industry (HVAC, Automotive, Electrical & Electronics), and Region - Global Forecast to 2023

The global elastomeric foam market size was USD 1.28 billion in 2018 and projected to reach USD 1.75 billion by 2023, at a CAGR of 6.5% during the forecast period. In this study, 2017 has been considered the base year and 2018-2023 as the forecast period to estimate the elastomeric foam market size.

The objectives of the study are:

• To analyze and forecast the elastomeric foam market, in terms of value and volume
• To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To analyze and forecast the size of the market on the basis of type and end-use industry
• To estimate and forecast the market size on the basis of five regions, namely, Europe, Asia Pacific (APAC), North America, the Middle East & Africa, and South America
• To estimate and forecast the elastomeric foam market at the country-level in each of the regions
• To analyze the market opportunities and competitive landscape of the market leaders and stakeholders
• To analyze the competitive developments such as new product launches, expansions, acquisitions, and joint ventures and agreements in the elastomeric foam market
• To strategically identify and profile the key market players and analyze their core competencies

Different secondary sources, such as company websites, encyclopedias, directories, and databases such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource have been used to identify and collect information useful for this extensive and commercial study of the global elastomeric foam market. Primary sources, including experts from related industries, have been interviewed to verify and collect critical information and assess the market prospects. The top-down approach has been implemented to validate the market size in terms of value. With data triangulation procedures and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

To know about the assumptions considered for the study, download the pdf brochure

This study answers several questions for stakeholders, primarily, which market segments they should focus upon during the next two to five years to prioritize their efforts and investments. These stakeholders include elastomeric foam manufacturers such as Armacell (Germany), Hira Industries (UAE), Zotefoams (UK), L'ISOLANTE K-FLEX (Italy), Kaimann (Germany), Huamei Energy-saving Technology Group (China), Jinan Retek Industries (China), Aeroflex USA, (US), NMC SA (Belgium), and Anavid Insulation Products (Israel).

Key Target Audience:

• Regional Manufacturers’ Associations
• Natural and Synthetic Rubber Suppliers
• Traders, Distributors, and Suppliers of Elastomeric foam Products
• Government and Regional Agencies and Research Organizations

Scope of the Report:

This research report categorizes the global elastomeric foam market based on type, end-use industry, and region, forecasts revenue growth, and provides an analysis of trends in each of the submarkets.

Based on Type:

• Natural Rubber/Latex
• Synthetic Rubber
  • Nitrile Butadiene Rubber (NBR)
  • Ethylene Propylene Diamine Monomer (EPDM)
  • Chloroprene (CR)
  • Others (ECH and SBR)

Each type is further described in detail in the report with value and volume forecasts till 2023.

Based on End-use Industry:

• HVAC
• Automotive
• Electrical & Electronics
• Others (Consumer Goods and Industrial Goods)

Each end-use industry segment is further described in detail in the report, with value forecasts till 2023.

Based on Region:

• APAC
• North America
• Europe
• Middle East & Africa
• South America

Each region is further segmented by key countries, such as China, India, Japan, South Korea, the US, Mexico, Canada, Germany, the UK, Italy, France, Russia, Saudi Arabia, Iran, South Africa, Argentina, and Brazil.

Available Customizations: The following customization options are available for the report:

• Company Information

Analysis and profiles of additional global as well as regional market players (up to three)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Unit Considered
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 29)
    4.1 Elastomeric Foam Market Attractiveness
    4.2 Elastomeric Foam Market, By Region
    4.3 Elastomeric Foam Market, Bytype
    4.4 Synthetic Elastomeric Foam Market in APAC , By Type and Country
    4.5 Elastomeric Foam Market, Regional Share

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Superior Properties of Elastomeric Foams
                    5.2.1.2 Growth in the End-Use Industries of Elastomeric Foams
           5.2.2 Restraints
                    5.2.2.1 Lack of Awareness About the Benefits of Insulation
           5.2.3 Opportunities
                    5.2.3.1 Growing Opportunities in the Healthcare Sector
                    5.2.3.2 Stringent Government Regulations Encouraging Energy Efficiency
           5.2.4 Challenges
                    5.2.4.1 Difficulty in the Disposal of Elastomeric Foams
    5.3 Porter’s Five Forces Analysis
           5.3.1 Threat of New Entrants
           5.3.2 Bargaining Power of Suppliers
           5.3.3 Threat of Substitutes
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry
    5.4 Macroeconomic Overview and Trends
           5.4.1 Introduction
           5.4.2 Construction Contribution to GDP
           5.4.3 Trends of the Automotive Industry

6 Elastomeric Foam Market, By Type (Page No. - 41)
    6.1 Introduction
    6.2 Natural Rubber/ Latex
    6.3 Synthetic Rubber
           6.3.1 Nitrile Butadiene Rubber (NBR)
           6.3.2 Ethylene Propylene Dine Monomer (EPDM)
           6.3.3 Chloroprene (CR)
           6.3.4 Others

7 Elastomeric Foam Market: By End-Use Industry (Page No. - 50)
    7.1 Introduction
    7.2 HVAC
    7.3 Automotive
    7.4 Electrical & Electronics
    7.5 Others

8 Elastomeric Foammarket, By Region (Page No. - 56)
    8.1 Introduction
    8.2 APAC
           8.2.1 China
           8.2.2 Japan
           8.2.3 India
           8.2.4 South Korea
           8.2.5 Rest of APAC
    8.3 North America
           8.3.1 US
           8.3.2 Canada
           8.3.3 Mexico
    8.4 Europe
           8.4.1 Germany
           8.4.2 UK
           8.4.3 France
           8.4.4 Italy
           8.4.5 Russia
           8.4.6 Rest of Europe
    8.5 South America
           8.5.1 Brazil
           8.5.2 Argentina
           8.5.3 Rest of South America
    8.6 Middle East & Africa
           8.6.1 Saudi Arabia
           8.6.2 Iran
           8.6.3 South Africa
           8.6.4 Rest of Middle East & Africa

9 Competitive Landscape (Page No. - 88)
    9.1 Overview
    9.2 Market Ranking Analysis
    9.3 Competitive Situation & Trends
           9.3.1 Expansions
           9.3.2 Acquisitions
           9.3.3 New Product Launches
           9.3.4 Joint Ventures and Agreements

10 Company Profiles (Page No. - 93)
Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View
     10.1 Armacell International S.A.
     10.2 Hira Industries
     10.3 Zotefoams PLC.
     10.4 L'isolante K-Flex S.P.A.
     10.5 Kaimann GmbH
     10.6 Huamei Energy-Saving Technology Group Co.,Ltd
     10.7 Jinan Retek Industries Inc
     10.8 Aeroflex USA, Inc.
     10.9 NMC SA
     10.10 Anavid
     10.11 Additional Company Profiles
             10.11.1 Roka Yalitim
             10.11.2 Rubberlite, Inc.
             10.11.3 Rogers Foam Corporation
             10.11.4 Rogers Corporation
             10.11.5 ODE Insulation
             10.11.6 Kingwell World Industries, Inc
             10.11.7 Recaa Insulation Systems Sdn. Bhd.
             10.11.8 ERA Polymers
             10.11.9 Merryweather Foam, Inc.
             10.11.10 Grando
             10.11.11 Sekisui Plastics Co. Ltd.
             10.11.12 China Ining Industrial Group Co., Ltd

*Details Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 112)
     11.1 Discussion Guide
     11.2 Knowledge Store: Marketsandmarkets Subscription Portal
     11.3 Introducing RT: Real-Time Market Intelligence
     11.4 Available Customizations
     11.5 Related Reports
     11.6 Author Details

List of Tables (71 Tables)

Table 1 Trends and Forecast of Construction Industry, By Country, 2014–2021 (USD Billion)
Table 2 Automotive Production Data 2017 (By Country)
Table 3 Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 4 Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 5 Natural Rubber Market Size for Elastomeric Foam, By Region, 2016–2023 (USD Million)
Table 6 Natural Rubber Market Size for Elastomeric Foam, By Region, 2016–2023 (Kiloton)
Table 7 NBR Elastomeric Foam Market Size, By Region, 2016–2023 (USD Million)
Table 8 NBR Elastomeric Foam Market Size, By Region, 2016–2023 (Kiloton)
Table 9 EPDM Elastomeric Foam Market Size, By Region, 2016–2023, (USD Million)
Table 10 EPDM Elastomeric Foam Market Size, By Region, 2016–2023, (Kiloton)
Table 11 CR Elastomeric Foam Market Size, By Region, 2016–2023, (USD Million)
Table 12 CR Elastomeric Foam Market Size, By Region, 2016–2023, (Kiloton)
Table 13 Other Elastomeric Foam Market Size, By Region, 2016–2023 (USD Million)
Table 14 Other Elastomeric Foam Market Size, By Region, 2016–2023 (Kiloton)
Table 15 Elastomeric Foam Market Size, By End-Use Industry, 2016-2023 (USD Million)
Table 16 Elastomeric Foam Market Size in HVAC End-Use Industry, By Region, 2016–2023 (USD Million)
Table 17 Elastomeric Foam Market Size in Automotive End-Use Industry, By Region, 2016–2023 (USD Million)
Table 18 Elastomeric Foam Market Size in Electrical & Electronics End-Use Industry, By Region, 2016–2023 (USD Million)
Table 19 Elastomeric Foam Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Million)
Table 20 Elastomeric Foam Market Size, By Region, 2016–2023 (USD Million)
Table 21 Elastomeric Foam Market Size, By Region, 2016–2023 (Kiloton)
Table 22 APAC: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 23 APAC: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 24 APAC: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 25 APAC: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 26 APAC: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023(USD Million)
Table 27 China: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 28 Japan:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 29 India: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 30 South Korea: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 31 Rest of APAC:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 32 North America: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 33 North America: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 34 North America: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 35 North America: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 36 North America: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 37 US:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 38 Canada:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 39 Mexico:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 40 Europe: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 41 Europe: Elastomeric Foam Market Size, By Country, 2015–2022(Kiloton)
Table 42 Europe: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 43 Europe: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 44 Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 45 Germany:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 46 UK:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 47 France:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 48 Italy:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 49 Russia:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 50 Rest of Europe:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 51 South America: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 52 South America: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 53 South America: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 54 South America: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 55 South America: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 56 Brazil: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 57 Argentina: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 58 Rest of South America:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 59 Middle East & Africa: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 60 Middle East & Africa: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 61 Middle East & Africa: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 62 Middle East & Africa: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 63 Middle East & Africa: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 64 Saudi Arabia:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 65 Iran:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 66 South Africa:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 67 Rest of Middle East & Africa: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 68 Expansions, 2014–2018
Table 69 Acquisitions, 2014-2018
Table 70 New Product Launches, 2014-2018
Table 71 Joint Ventures and Agreements, 2014–2018

List of Figures (40 Figures)

Figure 1 Elastomeric Foam Market Segmentation
Figure 2 Elastomeric Foam Market: Research Design
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Elastomeric Foam Market: Data Triangulation
Figure 6 APAC Dominated the Elastomeric Foam Market in 2017
Figure 7 NBR to Be the Largest Type of Synthetic Elastomeric Foam
Figure 8 HVAC Industry to Dominate the Elastomeric Foam Market
Figure 9 Elastomeric Foam Market to Witness A Moderate Growth Between 2018 and 2023
Figure 10 APAC to Be the Fastest-Growing Elastomeric Foam Market
Figure 11 NBR to Be the Fastest-Growing Type of Synthetic Elastomeric Foam
Figure 12 China Accounted for the Largest Market Share
Figure 13 Elastomeric Foam Market to Register High Growth in India and China
Figure 14 Factors Governing the Elastomeric Foam Market
Figure 15 Elastomeric Foam Market: Porter’s Five Forces Analysis
Figure 16 NBR to Dominate the Elastomeric Foam Market
Figure 17 APAC to Be the Largest Elastomeric Foam Market in the Natural Rubber Segment
Figure 18 APAC to Be the Fastest-Growing Market for NBR Elastomeric Foam
Figure 19 APAC to Be the Largest as Well as the Fastest-Growing Market for EPDM Elastomeric Foam
Figure 20 APAC to Be the Largest as Well as the Fastest-Growing Market for CR Elastomeric Foam
Figure 21 APAC to Be the Fastest-Growing Market for Other Elastomeric Foams
Figure 22 HVAC to Be the Leading End-Use Industry of Elastomeric Foam
Figure 23 APAC to Be the Largest Elastomeric Foam Market in Thehvac End-Use Industry
Figure 24 APAC to Be the Largest Elastomeric Foam Market in the Automotive End-Use Industry
Figure 25 APAC to Be the Largest Elastomeric Foam Market in Theelectrical & Electronics End-Use Industry
Figure 26 APAC to Be the Fastest-Growing Elastomeric Foam Market in Other End-Use Industries
Figure 27 Regional Snapshot (2018–2023): India and China to Emerge as New Strategic Destinations for Elastomeric Foam Market
Figure 28 APAC: Elastomeric Foam Market Snapshot
Figure 29 North America: Elastomeric Foam Market Snapshot
Figure 30 Europe: Elastomeric Foam Market Snapshot
Figure 31 South America: Elastomeric Foam Market Snapshot
Figure 32 Middle East & Africa: Elastomeric Foam Market Snapshot
Figure 33 Companies Adopted New Product Launches and Expansion as the Key Growth Strategy, 2014–2018
Figure 34 Market Ranking Analysis
Figure 35 Armacell International S.A.: Company Snapshot
Figure 36 Armacell International S.A.: SWOT Analysis
Figure 37 Hira Industries: SWOT Analysis
Figure 38 Zotefoams PLC. : SWOT Analysis
Figure 39 L’isonlante K-Flex S.P.A : SWOT Analysis
Figure 40 Kaimann GmbH : SWOT Analysis

The elastomeric foam market is estimated at USD 1.28 billion in 2018 and is projected to reach USD 1.75 billion by 2023, at a CAGR of 6.5% between 2018 and 2023. The market is witnessing growth because of the use of elastomeric foam as an insulation material for energy saving. The growth of the industries such as HVAC, automotive, and electrical & electronics, and the increasing use of elastomeric foam in these industries are expected to accelerate the growth of the elastomeric foam market further.

On the basis of type, synthetic rubber was the largest segment of the elastomeric foam market in 2017. The larger market size of synthetic rubber as compared with natural rubber is due to its better properties for use in various applications. NBR is the most widely used synthetic rubber type because of its superior properties and a relatively lower cost than the other types of synthetic rubber.

On the basis of end-use industry, HVAC is estimated to be the largest segment of the elastomeric foam market in 2018. The increasing population and stringent regulations for energy efficiency drive the demand for HVAC systems, which in turn, increases the consumption of elastomeric foam in making new HVAC systems.

APAC is estimated to be the largest market for elastomeric foam in 2018. The region’s flourishing manufacturing sector, availability of labor, competitive cost base, and increasing consumer demand are expected to drive industrialization in the region. The growth of the HVAC, automotive and electrical & electronics industries is further expected to drive the demand for elastomeric foam in the region.

The elastomeric foam market is witnessing moderate growth. Factors restraining and challenging the growth of the market are the lack of awareness regarding the energy benefits provided by elastomeric foam insulation, and the difficulty faced in the disposal of used elastomeric foams.

Armacell (Germany), Hira Industries (UAE), L'ISOLANTE K-FLEX (Italy), Kaimann (Germany), and Aeroflex USA (US) lead the global elastomeric foam market. These players are the major elastomeric foam manufacturers and formulators and are gaining a strong foothold in the market through new product launches, expansions, and mergers & acquisitions.

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