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 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 Polyethylene (PE) Foams Market is expected to grow from USD 3.3 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 6.1% during the forecast period. The key players profiled in the Polyethylene foams market report are Armacell LLC (Luxembourg), JSP (Japan), Zotefoams PLC (UK), Sealed Air (US), and Recticel N.V. (Belgium).
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 global polyurethane foams market is expected to grow USD 54.3 billion by 2025, at a CAGR of 7.5% during the forecasting period. Covestro AG (Germany), BASF SE (Germany), Wanhua Chemical Group Co., Ltd. (China), Dow Inc. (US), Huntsman Corporation (US), Sekisui Chemical Co., Ltd. (Japan), Compagnie de Saint-Gobain SA (France), Bayer AG (Germany), Chemtura Corporation (Lanxess) (US), DuPont (US), Recticel NV/SA (Belgium), Rogers Corporation (US), UFP Technologies, Inc. (US), INOAC Corporation (Japan), Trelleborg AB (Sweden), FoamPartner Group (Switzerland), FXI (US), Armacell (Luxembourg), Eurofoam Group (Austria), Woodbridge Foam Corporation (Canada), Future Foam, Inc. (US), and Tosoh Corporation (Japan), Foamcraft, Inc. (US), are the key players in 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 Fire Protection Materials Market is expected to grow from USD 2.7 Billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 8.5% during the forecast period. The key market players profiled in the report include Hilti Group (Liechtenstein), 3M (US), Specified Technologies Inc. (US), ETEX (Belgium), Morgan Advanced Materials (UK), Akzo Nobel NV (Netherlands), Jotun (Norway), Sika AG (Switzerland), and Rolf Kuhn GmbH (Germany)
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 geofoams market is expected to grow from USD 786 million in 2019 to USD 1,069 million by 2024, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.Carlisle Construction Types (CCM) (US), Amvic Building Systems (Canada), ACH Foam Technologies, LLC (US), Jablite (UK), Expol Ltd. (New Zealand), Foam Products Corporation (US), Harbor Foam (US), Airfoam Industries Ltd. (Canada), Pacific Allied Products Ltd. (US), Thermafoam LLC (US), Groupe Legerlite Inc. (Canada), and Insulation Corporation of America (US) are some of the leading players operating in the geofoams market. These players have adopted the strategies of expansions, acquisitions, new product launches, partnerships, and agreements to enhance their position in the market.
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 industrial insulation market size is estimated to be USD 2.6 billion in 2019 and is projected to reach USD 3.3 billion by 2024, growing at a CAGR of 5.0%. The growing demand for electricity due to the increasing population and industrialization in emerging economies are expected to drive the market between 2019 and 2024. Additionally, rapid urbanization and stringent regulations regarding energy conservation applicable to various industries such as chemical & petrochemical and cement are likely to propel the industrial insulation market demand during the next five years.Owens Corning (US), Saint Gobain (France), Kingspan Group PLC (Ireland), Knauf Insulation (Belgium), Rockwool Group (Denmark), Armacell International S.A. (Luxembourg), and Johns Manville (US)
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 basalt fiber market is projected to grow from USD 227 million in 2019 to USD 397 million by 2024, at a CAGR of 11.8% between 2019 and 2024. The market is growing due to the high demand from construction & infrastructure, automotive & transportation, and electrical & electronics end-use industries.Kamenny Vek (Russia), Zhejiang GBF Basalt Fiber Co. (China), 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 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 pipe insulation market is projected to grow from USD 8.7 billion in 2018 to USD 10.3 billion by 2023, at a CAGR of 3.4% during the forecast period. Pipe insulation is a material or combination of materials that add a protective covering to pipes 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 pipe insulation. Also, the presence of stringent regulations to insulate pipelines drive the demand for pipe insulation.Rockwool International A/S (Denmark), Owens Corning (US), Saint-Gobain (France), Kingspan Group (Republic of Ireland), Armacell International S.A. (Germany), Huntsman 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.
The cryogenic insulation market size is estimated to be USD 2.3 billion in 2018 and is projected reach USD 3.3 billion by 2023, at a CAGR of 7.20% between 2018 and 2023. The cryogenic insulation market is mainly driven by the rising demand for LNG as fuel in developed and developing economies. Rising environmental awareness is also contributing to the growth of the market. Growing demand for cryogenic technologies in space applications has created various opportunities for cryogenic insulation manufacturers. APAC is the key market for cryogenic insulations, globally, followed by Europe and North America. One of the primary drivers of the market is the increasing demand for transportation, storage, and liquefaction of natural gas to LNG in these regions. The key market players profiled in the report include Armacell International Holding GmbH (Germany), Lydall Inc. (US), BASF SE (Germany), Cabot Corporation (US), Rochling Group (Germany), and Johns Manville Inc. (US).
The market for EPS is estimated to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. The growing construction and packaging industries in developing countries is a major factor driving the EPS market. EPS is an innovative material that offers design and structural integrity to many construction projects. Major vendors in the EPS market include Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands).
The carbon nanotubes market is estimated to grow from USD 4.55 billion in 2018 to USD 9.84 billion by 2023, at a CAGR 16.70%. The demand for carbon nanotubes has been increasing rapidly in applications such as field emission displays, integrated circuits, hydrogen storage, lithium batteries, solar PV cells, fuel cells, and drug delivery. Increasing commercialization; ramping up of installed capacities; and technological advancements to bring down prices, improve quality, and develop more advanced products are the trends in the carbon nanotubes market. Currently, R&D is being undertaken for capturing new applications, including food materials, glass ceramic, structural steel, agriculture, and hair color. The constant increase in the feasibility of potential applications for carbon nanotubes will keep the demand ticking upward during the forecast period.Key players operating in the carbon nanotubes market include Arkema S.A. (France), Arry International Group LTD. (China), Carbon Solutions Inc. (US), Cheap Tubes Inc. (US), CNT Co., Ltd. (Korea), Ocsial Llc (US), Hanwha Chemical Corp. (South Korea), Nano-C Inc. (US), Cnano Technology Ltd (US), Toray International Group Limited (Japan), Showa Denko K.K. (Japan), and Continental Carbon Company (US).
The increasing demand for XPP foam from the automotive end-use industry is expected to drive the growth of the XPP foam market. In terms of value, the global XPP foam market is estimated to be USD 751.0 million in 2018 and is projected to reach USD 1048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. Key global players of the XPP foam market are Borealis (Austria), BASF (Germany), Braskem (Brazil), DS Smith (UK), JSP Corporation (Japan), Furukawa Electric (Japan), Mitsui Chemicals (Japan), Sekisui Voltek (US), Sonoco (US), Sohner Plastics (Germany), NMC SA (Belgium), Pregis (US), Toray Industries (Japan), Sumitomo Chemical (Japan), and Zotefoams (UK).
The firefighting foam market is estimated at USD 726.4 million in 2018 and is projected to reach USD 867.7 million by 2023, at a CAGR of 3.6% between 2018 and 2023. The major driver for the market includes the increasing use of environmentally-friendly products and increasing fire-related accidents leading to casualties and loss of property. Johnson Controls International Plc. (US), The Solberg Company (US), Dr. Sthamer (Germany), National Foam (US), Angus Fire (UK), Kerr Fire (UK), Eau&Feu (France), DIC Corporation (Japan), and SFFECO Global (UAE) are the key players operating in the firefighting foam market.
The fire resistant cable market is projected to grow from USD 1.76 Billion in 2018 to USD 2.06 Billion by 2023, at a CAGR of 3.2% from 2018 to 2023. Fire resistant cables provide circuit integrity under extreme fire conditions and are used to ensure continuous operations in case of a fire. They consist of conductors (aluminum, copper, and alloys), conductor shields, insulation, insulation shields, metallic shields, and jackets. Key players in the fire resistant cable market include Prysmian Group (Italy), Nexans S. A. (France), and NKT Group (Denmark) among others.
The global acoustic insulation market is estimated to reach USD 15.01 Billion by 2022 from USD 11.34 Billion in 2017, at a CAGR of 5.8% from 2017 to 2022. The acoustic insulation market has witnessed significant growth in the recent years, due to the excellent properties of acoustic insulation, such as high density, excellent sound absorption, fire resistance, heat insulation, moisture & water repellence, easy installation, and no maintenance. Major players in the global acoustic insulation market are Saint-Gobain (France), Rockwool International (Denmark), Knauf Insulation (Germany), Johns Manville Inc. (US), Owens Corning (US), Paroc Group (Finland), Kingspan Group (Ireland), Armacell International (Germany), BASF (Germany), and Fletcher Insulation (Australia).
The rigid foam market is projected to grow from USD 67.21 Billion in 2016 to USD 99.78 Billion by 2022, at a CAGR of 8.2% from 2017 to 2022. The growth of the market is driven by the increasing use of rigid foam in the building & construction, appliances for insulation and energy saving, and in the automobile industry for weight reduction. These foams are also being increasingly used in the packaging end-use industry, owing to their light weight and durability.
The flexible insulation market is projected to reach USD 10.84 Billion by 2021, at a CAGR of 5.54% from 2016 to 2021.The global flexible insulation market is expected to be driven by the growing demand from end-use industries such as building & construction, heating, ventilation and air-conditioning (HVAC) and the transportation sector. Flexible insulations are those insulations which can be applied successfully or flexibly in those applications wherein other materials cannot be used. Flexible insulations are used to save energy, maintain process temperatures, provide fire & sound protection, and prevent condensation.
The packaging foams market was valued at USD 12.81 Billion in 2017, and is projected to reach USD 17.21 Billion by 2022, at a CAGR of 6.09% from 2017 to 2022. This report aims to estimate the market size and future growth potential of the packaging foams market across different segments, such as structure type, material type, service type, and region. Factors influencing the market growth such as drivers, restraints, opportunities, and industry-specific challenges, along with competitive landscape of the market are presented in this report. In this study, 2016 has been considered as the base year and 2022 is considered as the projected year.
The foam insulation market size was USD 17.58 Billion in 2016 and is projected to reach USD 22.39 Billion by 2021, at a CAGR of 4.95% from 2016 to 2021. In this study, 2015 has been considered as the base year, and 2016–2021 the forecast period to estimate the market size for foam insulation.
The temperature controlled packaging solutions market is projected to reach USD 11.82 Billion by 2021, at a CAGR of 9.7% from 2016 to 2021. The key factor driving the temperature controlled packaging market is the growth in the pharmaceutical industry. The major end-use industries of the temperature controlled packaging solutions market are food & beverages, healthcare, and others, which include biomedical and chemical industries. Maintaining the desired temperature range for a predefined time is essential for temperature-sensitive products. Temperature fluctuation might degrade the quality of perishable goods.
The global polypropylene foams market is projected to reach USD 1.27 Billion by 2021, at a CAGR of 5.78% from 2016 to 2021. The growing demand for light weight automotives is leading to an increase in the demand in the polypropylene foams market. Rising demand from end-use industries in the developed and emerging countries has triggered the growth of the polypropylene foams market.
The global fire resistant fabrics market is estimated to be valued at USD 4.07 Billion in 2016, and is projected to reach USD 5.27 Billion by 2021, at a CAGR of 5.3% during the forecast period. Stringent regulations and standardizations pertaining to safety at the workplace, coupled with the rising demand from end-use industries is expected to drive the global fire resistant fabrics market.
The engineered foam market is estimated at USD 57.30 Billion in 2016, and is expected to reach USD 122.30 Billion by 2026, at a CAGR of 7.9% from 2016 to 2026. Major growth drivers for the market include increased expenditure in space research activities and growth in the airline industry of emerging regions, such Asia-Pacific, Latin America, and the Middle East & Africa. High transition along with shorter product life cycles in end-use industries is another factor expected to drive the engineered foam market.
The global glass insulation market was valued at USD 37.94 Billion in 2015 and is projected to reach USD 58.71 Billion by 2021, at a CAGR of 7.6% from 2016. This growth is mainly attributed to growth in the construction industry, rising demand for value-added glass products, increasing demand for green buildings, increasing cost of energy, and stringent government regulations.
The high-performance insulation materials market is projected to reach USD 10.93 Billion by 2021, registering a CAGR of 11.2% between 2016 and 2021. The market is driven by the increased demand form the end-use applications such as oil & gas, industrial, construction, transportation, and paints & coatings, among others. Asia-Pacific region, with its growing economy and rapidly expanding commercial and industrial base is projected to experience the highest growth in the high-performance insulation materials market between 2016 and 2021.
The market size of prepreg is projected to reach USD 8.64 Billion by 2021, growing at a CAGR of 10.12%, between 2016 and 2021. The increasing demand for lightweight and high performance materials in the wind energy, aerospace & defense, automotive, and sporting goods applications are the key factors driving the growth of the prepreg market.
Polycarbonate (PC) is a lightweight, high-performance thermoplastic polymer that possesses a unique balance of excellent electrical resistance, dimensional stability, optical clarity, high heat resistance, and toughness. Due to its versatile properties, the applications for PC are many and its consumption is very high. Because of its high consumption, PC is often positioned between engineering plastics and commodity plastics. PC is most often synthesized from bisphenol A and phosgene by a step-growth polymerization process, which is also known as condensation process. The Polycarbonate Resin Market is projected to grow from more than $12.0 Billion in 2015 to north of $16.4 Billion by 2020, at a CAGR of 6.3% between 2015 and 2020.