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 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.
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 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 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 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 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 global silicone coating market is projected to reach USD 6.60 Billion by 2021, registering a CAGR of 6.90% between 2016 and 2021. The growing manufacturing & end-use industries and increasing construction sector increasing the demand for silicone coatings in the Asia-Pacific region and continuous product development, expansion, and joint venture activities undertaken by companies are the key factors for the growth of the global silicone coatings market.
The market for vacuum insulation panels is projected to grow from USD 6.38 Billion in 2016 to reach USD 8.14 Billion by 2021, at a CAGR of 4.99%. The report aims at estimating the market size and future growth potential of the vacuum insulation panels market across different segments such as core material, type, raw material, application, and region. Globally, competition in the vacuum insulation panels market is growing considerably owing to the growing construction and consumer durables industries. With the emergence of new technologies, manufacturers are looking for advanced techniques to make vacuum insulation panels more effective. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021.
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.
Ceramic coatings are generally applied to metal or metallic alloy components or to ceramic components. They can be further classified into oxide coatings, carbide coatings, nitride coatings, and others. These coatings are generally used for wear resistance, and high temperature and corrosion resistant applications. All ceramic coatings deliver high level of performance in each of these three major areas. The global ceramic coatings market is expected to grow at a CAGR of 7.50% from 2015 to 2020 to reach a value of $10.12 Billion by 2020.
UV gel nails are artificial extensions worn on the fingertips, and they use ultraviolet light to cure the gel during the application process. The gel stays intact for minimum three weeks without chipping and gives a natural look. Due to such properties, UV nail gel is used widely in nail care industry. Global demand for UV nail gel is projected to reach $59.31 Million by 2020.
Automotive foams are made up of a solid and gas phase mixed together to form a plastic foam. They are available in different foam types based on raw materials used, majorly polyurethane, olefins, and polystyrene and are produced by the use of crude oil as feedstock. The automotive foam market is estimated to witness a CAGR of 10.50% between 2014 and 2019, and is expected to generate a global market value of $40.83 billion by 2019.
The increasing cost of power and the rapid depletion of conventional sources of energy have necessitated effective heat management and energy conservation in industrial processes. High temperature insulation (HTI) products provide high compressive strength and low shrinkage at high temperatures; and thus offer a cost-effective energy management solution for industrial processes.