Foam can be defined as gas or air bubbles trapped inside any synthetic solid or liquid material. They are broadly classified by their structure into closed and open cell foams, with closed cell foams being more rigid and open ce ....see more
The aluminum foam market is expected to grow from USD 43 million in 2022 to USD 55 million by 2027, at a CAGR of 4.8% during the forecast period. The key players in the market include ERG Aerospace Corporation (US), CYMAT Technologies Ltd. (Canada), Alantum (South Korea), Liaoning Rontec Advanced Material Technology Co., Ltd. (China), Shanxi Putai Aluminum Foam Manufacturing Co., Ltd. (China), Mayser GmbH & Co. KG (Germany), Aluminum King Co., Ltd (China), and Pohltec Metalfoam GmbH (Germany). These companies have adopted expansions and joint ventures as a part of their strategic development.
The bio-based foam market is expected to grow from USD 102 million in 2022 to USD 229 million by 2027, at a CAGR of 23.1% during the forecast period. BASF SE (Germany), Huntsman Corporation (US), Cargill, Incorporated (US), Stora Enso (Finland), Braskem (US), Woodbridge Foam Corporation (Canada), Bewi Group (Sweden), INOAC Corporation (Japan), Trocellen GmBh (Germany), Sealed Air Corporation (US), RAMPF Group (Germany), Sinomax USA (US), DomFoam (Canada), Ecoglobal Manufacturing (US), and Nomaco (US) are the key players in bio-based foam market.
The industrial insulation market is expected to grow from USD 3.9 billion in 2022 to USD 5.0 billion by 2027, at a CAGR of 5.4% during the forecast period. Major players in the global industrial insulation market include Owens Corning (US), Saint-Gobain ISOVER (Germany), ROCKWOOL (Denmark), Knauf Insulation (US), Armacell (Luxembourg), Insulcon BV (Netherlands), Kingspan Group (Ireland), Johns Manville (US), Nichias Corporation (Japan), and Promat (ETEX) (Belgium).
The pipe insulation market is expected to grow from USD 2.2 billion in 2022 to USD 2.6 billion by 2027, at a CAGR of 3.8% during the forecast period. The key market players profiled in the report include Saint-Gobain S.A. (France), BASF S E (Germany), Johns Manville (US), Owens Corning (US), Kingspan Group PLC (UK), Rockwool A/S (Denmark), Covestro AG (Germany), Huntsman Corporation (US), Armacell (Luxembourg) and Knauf Insulation (US) and others.
The automotive NVH materials market is expected to grow from USD 6.2 billion in 2022 to USD 7.4 billion by 2027, at a CAGR of 3.7% during the forecast period. New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the automotive NVH material market include DuPont De Nemours, Inc. (U.S.), BASF SE (Germany), Sumitomo Riko Company Limited (Japan), Dow Inc. (U.S.) and Covestro AG. (Germany).
The electrical insulation materials Market is expected to grow from USD 10.6 billion in 2022 to USD 14.3 billion by 2027, at a CAGR of 6.2% during the forecast period. The key players in this market are DuPont (US), Elantas (Germany), Krempel GMBH (Germany), Nitto Denko (Japan), Von Roll(Switzerland), ITW Formex (US), 3M (US), Haysite Reinforced Plastics (US), Vitar (China), Tesa SE (Germany), Teijin DuPont Films (Japan), and NGK Insulator (Japan).
The building thermal insulation market is expected to grow from USD 28.0 billion in 2022 to USD 35.3 billion by 2027, at a CAGR of 4.7% during the forecast period. The key market players profiled in the report include Kingspan Group Plc (UK), Knauf Gips KG (Germany), Owens Corning (US), Rockwool International A/S (Denmark), Saint-Gobain SA (France), BASF SE (Germany), Johns Manville Corporation (US), Altana AG (Germany), Dow Inc. (US), GAF Materials Corporation (US), CNBM Group Co., Ltd. (China), Aspen Aerogels, Inc. (US) and others.
The global basalt fiber market size is projected to grow from USD 287 million in 2022 to USD 517 million by 2027, at a CAGR of 12.5% during the forecast period. The key players Kamenny Vek (Russia), Zhejiang GBF Basalt Fiber Co. (China), JFE RockFiber Corp. (Japan), Mafic SA (Ireland), Technobasalt-Invest LLC (Ukraine), Russian Basalt (Russia), ISOMATEX SA (Belgium), INCOTELOGY GmbH (Germany), Sudaglass Basalt Fiber Technology (US), Shanxi Basalt Fiber Technology Co., Ltd (China), Mudanjiang Basalt Fiber Co. (China).
The PET foam market is expected to grow from USD 361 million in 2022 to USD 503 million by 2027, at a CAGR of 6.9% during the forecast period. Armacell International SA (Luxembourg), 3A Composites (Switzerland), Gurit Holding (Switzerland), DIAB Group (Sweden), Changzhou Tiansheng New Materials Co. Ltd (China), Sekisui Plastics (Japan), Petro Polymer Shargh (Iran), and Carbon-Core Corp. (US) are some of the key players operating in the PET foam market.
The firefighting foam market is expected to grow from USD 756 million in 2021 to USD 913 million by 2026, at a compound annual growth rate (CAGR) of 3.8% during the forecast period.The key players Johnson Controls (US), Perimeter Solutions (US), Dr. Sthamer (Germany), National Foam (US), Angus Fire (UK), Kerr Fire (UK), Eau&Feu (France), and SFFECO Global (UAE)
The global OEM insulation market is expected to grow from USD 31.0 billion in 2021 to USD 40.8 billion by 2026, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The key plyers Covestro AG (Germany), Owens Corning Corp. (US), Rockwool International A/S (Denmark), Saint-Gobain ISOVER (France), Knauf Insulation (US), Huntsman Corporation (US), Armacell International S.A. (Luxembourg), Aspen Aerogels Inc. (US), Johns Manville Corporation (US), Kingspan Group (Ireland), China Jushi Co. Ltd. (China), and Rogers Corporation (US)
The biodegradable films market is expected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026, at a CAGR of 7.2% during the forecast period. BASF SE (Germany), Futamura Chemical Co. Ltd. (Japan), Taghleef Industries (UAE), Walki Group Oy (Finland), Kingfa Sci. & Tech. Co., Ltd. (China), BioBag Americas, Inc. (US), Avery Dennison Corporation (US), Plascon Group (US), Bi-Ax International Inc. (Canada), Cortec Corporation (US), Clondalkin Group (Netherlands), TRIOWORLD INDUSTRIER AB (Sweden), Groupe Barbier (France), Paco Label (US), Layfield Group (Canada), and Polystar Plastics Ltd. (UK) are the key players in biodegradable films market.
The consumer foam market is expected to grow from USD 40.2 billion in 2021 to USD 50.9 billion by 2026, at a compound annual growth rate (CAGR) of 4.9% during the forecast period.The key players Covestro AG (Germany), BASF SE (Germany), Dow Inc. (US), Huntsman Corporation (US), Sekisui Chemical Co., Ltd. (Japan), Saint-Gobain (France), Chemtura Corporation (Lanxess) (US), Recticel NV/SA (Belgium), Rogers Corporation (US), Trelleborg AB (Sweden), FoamPartner Group (Switzerland), Eurofoam Group (Austria), Woodbridge Foam Corporation (Canada), Tosoh Corporation (Japan), Foamcraft, Inc. (US), Loyal Group(China), JSP Corporation(Japan), and Sealed Air Corporation (US).
The industrial foam market is expected to grow from USD 55.6 billion in 2021 to USD 72.2 billion by 2026, at a CAGR of 5.4% during the forecast period. Key players operational in the market include Covestro AG (Germany), BASF SE (Germany), Dow Inc. (US), Huntsman Corporation (US), Sekisui Chemical Co., Ltd. (Japan), Saint-Gobain (France), Chemtura Corporation (Lanxess) (US), Recticel NV/SA (Belgium), Rogers Corporation (US), Trelleborg AB (Sweden), Eurofoam Group (Austria), Woodbridge Foam Corporation (Canada), Tosoh Corporation (Japan), Foamcraft, Inc. (US), Loyal Group(China), JSP Corporation(Japan), and Sealed Air Corporation (US).
The polyethylene foams market is expected to grow from USD 3.6 billion in 2021 to USD 4.8 billion by 2026, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.The key players Armacell (Luxembourg), JSP ( Japan), Sealed Air (US), Zotefoams PLC (UK), and Recticel NV (Belgium)
The fireproofing materials market is expected to grow from USD 0.9 billion in 2021 to USD 1.5 billion by 2026, at a compound annual growth rate (CAGR) of 9.8% during the forecast period.3M (US), Akzo Nobel N.V. (Netherlands), Isolatek International (US), Sika AG (Switzerland), Etex Group (Belgium), PPG Industries, Inc (US), BASF SE (Germany), Carboline (US), RPM International Inc. (US), Jotun Group (Norway), Iris Coatings S.r.l (Italy), Knauf Insulation (US), Hempel Group (Denmark), W.R. Grace & Co.(US), Rolf Kuhn GmbH (Germany), Rockwool International AS (Denmark), No-Burn Inc. (US), The Sherwin-Williams Company (US), Contego International Inc. (US), Den Braven (Netherlands), Encon Insulation Ltd (UK), Ugam Chemicals (India), Intumescent Systems Ltd (UK), PK Companies (US), FlameOFF Coatings Inc.(US).
The Geofoam Market is expected to grow from USD 755 million in 2021 to USD 1,037 million by 2026, at a CAGR of 6.5% during the forecast period. The key market players include Carlisle (US), Amvic Building Systems (Canada), Atlas Roofing Corporation (US), Insulation Company of America (US), Foam Products Corporation (US), Jablite (UK), ThermaFoam, LLC (US), Expol (New Zealand), Pacific Allied Products, Ltd. (US), Airfoam (Canada), Harbor Foam (US), Groupe Legerlite Inc. (Canada), Drew Foam (US), and Plasti-Fab Ltd. (Canada). These players have adopted product launches, acquisitions, expansions, partnerships as their growth strategies.
The global acoustic insulation market size is projected to reach USD 17.1 billion by 2026, at a CAGR of 3.9% during the projected period. Major players operating in the global acoustic insulation market include Saint-Gobain (France), Knauf Insulation (US), Armacell International (Germany), Soprema (France), Rockwool International (Denmark), Huntsman (US), Owens Corning (US), Kingspan Group (Ireland), BASF SE (Germany), and Johns Manville (US).
The fire-resistant fabrics market size is projected to reach USD 4.3 billion by 2026, at a CAGR of 6.1% during the forecasting period. The key market players profiled in the report include as E.I. DuPont De Nemours and Company (U.S.), Kaneka Corporation (Japan), PBI Performance Products Inc. (U.S.), Royal TenCate N.V. (Netherlands), Teijin Ltd. (Japan), Westex By Milliken (U.S.), Gun EI Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (U.S.), Lenzing Ag (Austria), Solvay S.A. (Belgium), W. L. Gore Associates Inc. (U.S.), among others.
The calcium silicate insulation market size is projected to reach USD 320 million by 2026, at a CAGR of 4.6% during the forecasting period. The key market players profiled in the report include Skamol (Denmark), A&A Material Corporation (Japan), Promat (Etex Group) (Belgium), BNZ Materials (US), Johns Manville (US), Anglitemp (UK), NICHIAS Corporation (Japan), Calsitherm (Japan), SANLE Group (China), Taisyou International Business Co. Ltd. (Taiwan), Guangdong New Element Building Material Co. Ltd. (China) and Beijing Hocreboard Building Material Co. Ltd. (China).
The foam market is expected to grow from USD 93.9 billion in 2021 to USD 118.9 billion by 2026, at a compound annual growth rate (CAGR) of 4.8% during the forecast period. BASF SE (Germany), Armacell International S.A. (Germany), JSP (Japan), Kaneka Corporation (Japan), Recticel (Belgium), Rogers Corporation (US), Sealed Air Corporation (US), Arkema (France), and Zotefoams Plc (UK)
The market size for carbon nanotubes is projected to reach USD 1,714 million by 202, at a CAGR of 14.4% during the projected period. The key players operating in the market are LG Chemical Limited (South Korea), Cabot Corporation (US), Showa Denko K.K. (Japan), Jiangsu Cnano Technology Co., Ltd. (China), and Chengdu Organic Chemicals Co. Ltd. (China).
The Temperature Controlled Packaging Solutions Market is expected to grow from USD 34.4 billion in 2021 to USD 80.1 billion by 2026, at a CAGR of 18.4% during the forecast period. The leading players in the TCP market are Sonoco Products Company (US), Cold Chain Technologies, LLC (US), Va-Q-Tec AG (Germany), Pelican BioThermal LLC (US), Softbox Systems (UK), Sofrigam SA (France), DGP Intelsius GMBH (UK), Inmark, LLC (US), Envirotainer AB (Sweden), Fedex Corporation (US) and Amerisourcebergen Corporation (US).
The market size for polyolefin foam is projected to reach USD 10.5 billion by 2026, at a CAGR of 5.2% during the projected period. The key players operating in the market are BASF SE (Germany), Kaneka Corporation (Japan), JSP Corporation (Japan), Hanwha Total (South Korea).
The market size for Polystyrene Foam is projected to reach USD 32.2 billion by 2026, at a CAGR of 4.1% during the projected period. The key players operating in the polystyrene foam market are Loyal Group (China), Wuxi Xingda New Foam Plastics Materials Co., Ltd. (China), BASF SE (Germany), Synthos S.A. (Poland), Jiangsu Leasty Chemicals Co., Ltd. (China), Sunpor Kunststoff GmbH (Austria), Total SE (France), Taita Chemical Co., Ltd. (Taiwan), Versalis S.p.A (Italy), and DuPont (US).
The MDI, TDI, and Polyurethane Market is expected to grow from USD 77.9 billion in 2021 to USD 105.3 billion by 2026, at a CAGR of 6.2% during the forecast period. The key market players profiled in the report include BASF SE (Germany), The Dow Chemical Company (US), DuPont De Nemours, Inc. (US), Huntsman Corporation (US), Covestro AG (Germany), LANXESS AG (Germany), Mitsui Chemicals Inc. (Japan), Wanhua Chemical Group Co. Ltd. (China), and Woodbridge Foam Corporation (Canada).
The Syntactic Foam Market is expected to grow from USD 132 million in 2020 to USD 169 million by 2025, at a CAGR of 5.2% during the forecast period. ALSEAMAR (France), Trelleborg AB (Sweden), Diab (Sweden), Deepwater Buoyancy (New England), and CMT Materials (US) are the leading syntactic foam manufacturers, globally.
The Aerogel Market is expected to grow from USD 638 million in 2020 to USD 1,045 million by 2025, at a CAGR of 10.4% during the forecast period. The key market players profiled in the report include Aspen Aerogels (US), Cabot Corporation (US), Aerogel Technologies (US), Nano tech Co. Ltd. (China), Armacell (Germany), Guangdong Alison Hi-Tech (China), Active Aerogels (Portugal), Enersens (France), JIOS Aerogel (South Korea), and BASF (Germany)
The Low-frequency sound-absorbing insulation materials market size is expected to be reach USD 165 million by 2025, at a CAGR of 1.8% during the forecasting period. The key market players profiled in the report include Saint-Gobain (France), Autoneum (Switzerland), 3M (US), DuPont (US), BASF (Germany), Mitsubishi Chemical Holdings (Japan), and Stevens Insulation LLC (US).
The one-component polyurethane foam market is projected to reach USD 3.3 billion by 2025, registering a CAGR of 6.0% during the forecasting period. Soudal Group (Belgium), Henkel AG & Co. (Germany), Hanno-Werk GmbH & Co. KG (Germany), Selena Group (Poland), Tremco illbruck Group (Germany), GNS Group (China), Profflex Mounting Foams (Russia), Den Braven Sealants (Netherlands), Aerosol – service a.s (Czech Republic), DAP Products, Inc. (US), McCoy Soudal Sealants Adhesives & Foams Private Limited (India), Akkim Construction Chemicals (Turkey), TKK d.o.o. (Slovenia), Krimelte OÜ (Estonia), DuPont (US) ,Gorcci International Limited (China), Kater Adhesive Industrial Co. (China), Fomo Products, Inc. (US), Polyurethane Ltd. (Israel), Larsen Building Products (Ireland), and Castelein Sealants (Belgium) are some of the key players in the one component polyurethane foam market.
The Cosmetic Applicator Foam Market is expected to grow from USD 854 million in 2020 to USD 1,416 million by 2025, at a CAGR of 10.6% during the forecast period. APV Engineered Coatings (US), Arkema SA (France), Solvay SA (Belgium), Mitsubishi Paper Mills Ltd. (Japan), Ube Industries Ltd. (Japan), Tanaka Chemical Corporation (Japan), Asahi Kasei Corporation (Japan), SK Innovation Co., Ltd. (South Korea), Unifrax (US), NEI Corporation (US), Targray Technology International Inc. (Canada), Alteo Group (France), Nano One Materials Corp. (Canada), SAMCO Inc. (Japan), Nexeon Limited (UK), ALD NanoSolutions, Inc. (US), Forge Nano Inc. (US), and Beneq Group (Finland) are some of the leading players in the cosmetic applicator foam market.
The Polymer Foam Market is expected to grow from USD 90.7 billion in 2020 to USD 114.8 billion by 2025, at a CAGR of 4.8% during the forecast period. The key players profiled in the polymer foam market report are BASF SE (Germany), Rogers Corporation (US), The Dow Chemical Company (US), Recticel NV/SA (Belgium), Sealed Air Corporation (US), Huntsman International LLC (US), and Armacell International S.A. (Germany).
The technical foam market is expected to grow from USD 9.1 billion in 2020 to USD 15.7 billion by 2025 at a compound annual growth rate (CAGR) of 11.6% during the forecast period.BASF SE (Germany), Dow Inc. (US), SEKISUI CHEMICAL CO., LTD (Japan), Huntsman Corporation (US), Armacell International S.A. (Germany), LANXESS AG (Germany), Trelleborg AB (Sweden), Recticel NV/SA (Belgium), INOAC Corporation (Japan), UFP Technologies, Inc., (US) Wanhua Chemical Group Co., Ltd. (China), and The Woodbridge Group (US) are some of the major players in the global technical foam market.
The phenolic panel market is expected to grow from USD 1.7 billion in 2020 to USD 2.4 billion by 2025 at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The key players in the global phenolic panel market are Kingspan Group (Ireland), Wilsonart LLC(US), Asahi Kasei Corporation (Japan), Fiberesin Industries Inc. (US), Broadview Holding B.V. (Netherlands), Fundermax GmbH (Austria), Bobrick Washroom Equipment, Inc. (US), Werzalit of America, Inc. (US), ASI Group (US), and General Partitions Mfg. Corp. (US). These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the phenolic panel industry. The study includes an in-depth competitive analysis of these companies in the phenolic panel market, with their company profiles, recent developments, and key market strategies.
The refrigeration insulation materials market is expected to grow from USD 3.6 billion in 2020 to USD 4.8 billion by 2025 at a compound annual growth rate (CAGR) of 6.0%. during the forecast period.The key players in this market are Armacell (Germany), Owens Corning (US), Kingspan Group Plc (Ireland), Morgan Advanced
The cellular glass market is expected to grow from USD 520 million in 2020 to USD 618 million by 2025 at a compound annual growth rate (CAGR) of 3.5% during the forecast period.Owens Corning (US), Misapor AG (Switzerland), POLYDROS,S.A. (Spain), REFAGLASS s.r.o. (Czech Republic), Zhejiang Zhenshen Thermal Technology Co., Ltd. (China), Zhejiang Dehe Insulation Technology Co., Ltd. (China), Uusioaines Oy (Finland), Steinbach Schaumglas GmbH & Co. KG (Germany), Earthstone International LLC (US), GEOCELL Schaumglas GmbH (Germany), STES-Vladimir (Russia), German Geo Construction GmbH (Germany), Benarx (Norway), GLAVEL, Inc. (US), Anhui Huichang New Material Co., Ltd.(China), Jahan Ayegh Pars Company (Iran), and Liaver GmbH & Co. KG (Germany) are the leading manufacturers of cellular glass. They have also adopted strategies such as acquisitions to increase their market reach and strengthen their market
The Medical Foam Market is expected to grow from USD 27.7 billion in 2020 to USD 37.2 billion by 2025, at a CAGR of 6.1% during the forecast period. Some of the leading manufacturers of medical foam profiled in this report are The Dow Chemical Company (US), SEKISUI CHEMICAL CO., LTD. (Japan), Huntsman Corporation (US), Trelleborg AB (Sweden), BASF SE (Germany), Recticel NV (Belgium), INOAC Corporation (Japan), UFP Technologies, Inc. (US), FXI Holdings, Inc. (US), Armacell International S.A. (Germany), Rogers Corporation (US), Freudenberg Group (Germany), and Molnlycke Health Care (Sweden).
The electric vehicle insulation market is expected to grow from USD 1.3 billion in 2019 to USD 4.2 billion by 2024, at a compound annual growth rate (CAGR) of 26.7% during the forecast period.The key market players profiled in the report include as BASF SE (Germany), 3M (US), Morgan Advanced Materials (UK), DuPont (US), Zotefoams plc (UK), Unifrax (US), Saint-Gobain (France), Von Roll Holding AG (Switzerland), Autoneum (Switzerland), Alder Pelzer Holding GmbH (Germany), Elmelin Ltd. (UK), Pyrophobic Systems Ltd. (Canada), Techman Advanced Material Engineers (UK), and Marian Inc. (US).
The High Temperature Insulation Materials Market is expected to grow from USD 6.0 billion in 2019 to USD 8.9 billion by 2024, at a CAGR of 8.2% during the forecast period. Morgan Advanced Materials (UK), Luyang Energy-Saving Materials (China), RHI Magnesita (Austria), ETEX (Belgium), Calderys (France), Unifrax (US), and Almatis (Netherlands) are the leading market players globally.
The glass & specialty synthetic fibers market is expected to grow from USD 65.9 billion in 2019 to USD 91.4 billion by 2024, at a compound annual growth rate (CAGR) of 6.8% during the forecast period.The key players in the global composites market Owens Corning (US), Toray Industries, Inc. (Japan), Teijin Limited (Japan), Mitsubishi Chemical Holdings Corporation (Japan), Hexcel Corporation (US), SGL Group (Germany), Nippon Electrical Glass Co. Ltd. (Japan), DSM (Netherland), Honeywell International, Inc. (US), Jushi Group Co., Ltd. (China), among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the composites industry. The study includes an in-depth competitive analysis of these key players in the composites market, with their company profiles, recent developments, and key market strategies.
The extruded polystyrene (XPS) market is expected to grow from USD 5.5 billion in 2019 to USD 6.7 billion by 2024, at a compound annual growth rate (CAGR) of 4.0% during the forecast period.Major players in the XPS market include BASF SE (Germany), Synthos S.A. (Poland), DuPont de Nemours Inc. (US), Saint-Gobain Isover SA (France), Knauf Group (Insulation) (Germany), Owens corning Inc. (US)., TechnoNicol Corporation (Russia), Austrotherm GMBH (Austria), Ursa Insulation SA (Spain), Penoplex SPB LLC (Russia), Ravago Group (Luxembourg), and Loyal Group (China).
The metal foam market is expected to grow from USD 84 million in 2019 to USD 103 million by 2024, at a compound annual growth rate (CAGR) of 4.2 % during the forecast period.Some of the prominent players in the metal foam market are ERG Aerospace Corporation (US), CYMAT Technologies Ltd. (Canada), Alantum (South Korea), Mott Corporation (US), Liaoning Rontec Advanced Material Technology Co., Ltd. (China), Shanxi Putai Aluminum Foam Manufacturing Co., Ltd. (China), Mayser GmbH & Co. KG (Germany), Ultramet (US), Aluminum King Co., Ltd (China), and Pohltec Metalfoam GmbH (Germany). These companies have adopted expansions and joint ventures as a part of their strategic development.
The elastomeric foam market is expected to grow from USD 2.6 billion in 2019 to USD 3.6 billion by 2024, at a compound annual growth rate (CAGR) of 6.7% during the forecast period.Armacell International SA (Germany), Hira Industries (UAE), Zotefoams PLC (UK), L’Isolante K-Flex S.P.A (Italy), Kaimann Insulation (Germany), Huamei Energy-saving Technology Group Co., Ltd. (China), Jinan Retek Industries Inc. (China), Aeroflex USA, Inc. (US), NMC Insulation (Belgium), and Anavid Insulation Products Kiryat Anavim Ltd.(Israel), are the key players operating in the elastomeric foam market.
The aerospace foams market is expected to grow from USD 4.4 billion in 2019 to USD 6.5 billion by 2024, at a compound annual growth rate (CAGR) of 8.2% during the forecast period.BASF SE (Germany), Evonik Industries AG (Germany), Boyd Corporation (US), Rogers Corporation (US), FoamPartner (Switzerland), Armacell International S.A. (Luxembourg), SABIC (Saudi Arabia), ERG Materials and Aerospace Corp (US), UFP Technologies, Inc. (US), Zotefoams Plc (UK), General Plastics Manufacturing Company (US), Solvay SA (Belgium), Pyrotek Inc. (US), and Greiner AG (Austria) are some of the leading players operating in the aerospace foams industry. These players have adopted the strategies of expansions, acquisitions, new product launches, investments, new technology developments, partnerships, mergers, collaborations, and agreements to enhance their position in the market.
The Foam glass Market is expected to grow from 1,503 kilotons in 2019 to 1,964 kilotons by 2024 at a compound annual growth rate (CAGR) of 5.5% during the forecast period. The leading foam glass manufacturers are Owens Corning (US), Zhejiang Dehe Insulation Technology Co., Ltd. (China), Zhejiang Zhenshen Insulation Technology Corp. (China), UUSIOAINES OY (Finland), Glapor (Germany), MISAPOR (Switzerland), Polydros S.A.(Spain), Refaglass (Czech Republic), Earthstone international (US), and Anhui Huichang New Material Co., Ltd. (China).
The microporous insulation market is projected to grow from USD 132 million in 2018 to USD 165 million by 2023, at a CAGR of 4.7%, during the forecast period. Microporous insulation is a composite material comprising a blend of ceramic powders and fibers, with an average interconnecting pore size comparable to or even less than mean free path of air molecules at standard atmospheric pressure. The microporous insulation material is inorganic in nature, making it non-combustible and suitable for passive fire protection applications. The growing industrialization in Asia Pacific and South America and increasing oil & gas production in countries, such as the US, Saudi Arabia, Iran, and Russia drive the demand for microporous insulation. The requirement for high thermal insulation products in various applications, such as industrial, oil & gas, energy & power also drive the demand for microporous insulation.Promat International N.V. (Belgium), Morgan Advanced Materials plc (UK), Isoleika S. Coop. (Spain), Unicorn Insulations Limited (China), Guangzhou Huineng Environmental Protection Materials Co. Ltd. (Siltherm) (China), NICHIAS Corporation (Japan), ThermoDyne (US), Unifrax (US), Elmelin Ltd. (UK), and Johns Manville (US).
The market of flexible elastomeric foam is projected to grow from USD 2.2 billion in 2018 to USD 2.7 billion by 2023, at a CAGR of 4.72%, during the forecast period. The growth of end-use industries, such as HVAC and automotive & transportation, is a key factor driving the flexible elastomeric foam market.Armacell International S.A. (Germany), L'ISOLANTE K-FLEX (Italy), Kaimann GmbH (Germany), Aeroflex (US), Rogers Corporation (US), and Hira Industries (Dubai).
The market for specialty polystyrene resin is estimated to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The demand for protection function from various applications is expected to drive the specialty polystyrene resin market. Focus on the reduction of greenhouse gas emissions and strict government regulations on the construction of energy-efficient buildings are expected to drive the demand for specialty polystyrene resin. The growth of the market is driven by increasing use of packaging for performance and environmental reasons in emerging economies such as India, China, Thailand, Indonesia, Brazil, and Argentina.Sekisui Plastics Co., Ltd. (Japan), NOVA Chemicals Corporation (Canada), Synthos (Poland), BASF SE (Germany), SUNPOR KUNSTSTOFF GmbH (Austria), Atlas EPS (US), VERSALIS (Italy), SABIC (Saudi Arabia), LG Chem, Ltd. (South Korea), BEWiSynbra Group AB (publ) (Sweden), Samsung Fine Chemicals Co., Ltd (South Korea), Total S.A. (France), and Trinseo (US).
The tank insulation market size is estimated to be USD 5.2 billion in 2018 and is projected reach USD 6.5 billion by 2023, at a CAGR of 4.50% between 2018 and 2023. Tank insulation is a material or combination of materials that add a protective covering to tanks and reduces the heat loss or heat gain from surfaces operating at temperatures above or below the surrounding temperature. The growing production of oil in countries such as the US, Saudi Arabia, Iran, and Russia drives the demand for tank insulation. Also, stringent regulations to insulate tanks drive the demand for tank insulations. The key market players profiled in the report include Rockwool International A/S (Denmark), Owens Corning (US), Saint-Gobain (France), Kingspan Group (Republic of Ireland), Armacell International S.A. (Germany), Cabot Corporation (US), Johns Manville (US), Knauf Insulation (US), BASF SE (Germany), and Covestro AG (Germany).
The market for subsea thermal insulation materials is projected to grow from close to USD 77 million in 2018 to more than 93 million by 2023, at a CAGR of 4.0% during the forecast period. Subsea thermal insulation materials are widely used to insulate equipment, components, and pipelines used in subsea oil & gas operations. The major driving factors for the market are the recovery of the oil & gas industry and the increasing number of subsea projects.