Global Polymer Foam Market Size, Share & Trends Analysis Report By Type (Polystyrene Foam, Polyurethane Foam, PVC Foam, Phenolic Foam, Polyolefin Foam, Melamine Foam, and Others), By Application, By Regional Outlook and Forecast, 2023 - 2030
The Global Polymer Foam Market size is expected to reach $228.8 billion by 2030, rising at a market growth of 7.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 55,371.9 million square meter, experiencing a growth of 6.7% (2019-2022).
Phenolic foam is renowned for its exceptional fire performance characteristics. Thus, the phenolic foam segment acquired $13,112.3 million in 2022. Also, the US market would utilize 1,059.1 million square meter of Phenolic foam by 2030. Phenolic foam is often used in building and construction applications, such as insulation for walls, roofs, and ceilings, where compliance with fire regulations is essential.
Polymer foams, such as expanded polystyrene (EPS) and polyurethane (PU) foam, are widely used as insulation materials in construction and infrastructure projects. Due to their superior thermal insulation qualities, these foams can assist in lowering energy costs and raise the general energy efficiency of industrial, commercial, and residential buildings. In conclusion, growing construction and increasing infrastructure development propel the market’s growth.
Additionally, Continuous material science research and development efforts have created polymer foams with improved qualities like durability, strength, thermal stability, and flexibility. These advancements allow polymer foams to meet various application requirements across various industries, including automotive, construction, packaging, and electronics. In conclusion, advancements in material science and manufacturing technologies are propelling the market’s growth.
However, Polymer foam production heavily relies on raw materials like petrochemicals, resins, and other chemicals. Price fluctuations for these raw materials greatly affect the overall cost of polymer foam production. Therefore, volatility in raw material prices is hampering the market’s growth.
By Type Analysis
Based on type, the market is divided into polyurethane foam, polystyrene foam, PVC foam, phenolic foam, polyolefin foam, melamine foam, and others. The polyurethane foam segment attained a noteworthy 19% revenue share in the market in 2022. In terms of volume, the polyurethane foam segment would utilize 7,249.9 million square meter of polymer foam by 2030. Polyurethane (PU) foam is employed in medical and healthcare applications for patient positioning, support surfaces, orthopedic devices, and wound care products.
By Application Analysis
Based on application, the market is categorized into packaging, building & construction, furniture & bedding, automotive, rail, wind, marine, and others. In 2022, the building & construction segment registered 34% revenue share in the market. In terms of volume, the building & construction segment would utilize 32,219.8 million square meter of polymer foam by 2030. Polymer foams are versatile materials that can be molded, shaped, and fabricated into various forms, sizes, and configurations to suit specific building and construction needs.
By Regional Analysis
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region witnessed a 40% revenue share in the market. In terms of volume, the Asia Pacific region would utilize 49,872.8 million square meter of polymer foam by 2030.
List of Key Companies Profiled
- Arkema S.A.
- BASF SE
- Borealis AG (OMV)
- Synthos S.A. (FTF Galleon S.A.)
- DuPont de Nemours, Inc.
- Trelleborg AB
- Zotefoams plc
- Sealed Air Corporation
- Woodbridge Foam Corporation
- Polymer Technologies, Inc.
By Type (Volume, Million Square Meter, USD Billion, 2019-2030)
- Polystyrene Foam
- Polyurethane Foam
- PVC Foam
- Phenolic Foam
- Polyolefin Foam
- Melamine Foam
- Others
- Building & Construction
- Packaging
- Furniture & Bedding
- Automotive
- Rail
- Wind
- Marine
- Others
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Polymer Foam Market, by Type
- 1.4.2 Global Polymer Foam Market, by Application
- 1.4.3 Global Polymer Foam Market, by Geography
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. Global Polymer Foam Market by Type
- 4.1 Global Polystyrene Foam Market by Region
- 4.2 Global Polyurethane Foam Market by Region
- 4.3 Global PVC Foam Market by Region
- 4.4 Global Phenolic Foam Market by Region
- 4.5 Global Polyolefin Foam Market by Region
- 4.6 Global Melamine Foam Market by Region
- 4.7 Global Others Market by Region
- Chapter 5. Global Polymer Foam Market by Application
- 5.1 Global Building & Construction Market by Region
- 5.2 Global Packaging Market by Region
- 5.3 Global Furniture & Bedding Market by Region
- 5.4 Global Automotive Market by Region
- 5.5 Global Rail Market by Region
- 5.6 Global Wind Market by Region
- 5.7 Global Marine Market by Region
- 5.8 Global Others Market by Region
- Chapter 6. Global Polymer Foam Market by Region
- 6.1 North America Polymer Foam Market
- 6.1.1 North America Polymer Foam Market by Type
- 6.1.1.1 North America Polystyrene Foam Market by Country
- 6.1.1.2 North America Polyurethane Foam Market by Country
- 6.1.1.3 North America PVC Foam Market by Country
- 6.1.1.4 North America Phenolic Foam Market by Country
- 6.1.1.5 North America Polyolefin Foam Market by Country
- 6.1.1.6 North America Melamine Foam Market by Country
- 6.1.1.7 North America Others Market by Country
- 6.1.2 North America Polymer Foam Market by Application
- 6.1.2.1 North America Building & Construction Market by Country
- 6.1.2.2 North America Packaging Market by Country
- 6.1.2.3 North America Furniture & Bedding Market by Country
- 6.1.2.4 North America Automotive Market by Country
- 6.1.2.5 North America Rail Market by Country
- 6.1.2.6 North America Wind Market by Country
- 6.1.2.7 North America Marine Market by Country
- 6.1.2.8 North America Others Market by Country
- 6.1.3 North America Polymer Foam Market by Country
- 6.1.3.1 US Polymer Foam Market
- 6.1.3.1.1 US Polymer Foam Market by Type
- 6.1.3.1.2 US Polymer Foam Market by Application
- 6.1.3.2 Canada Polymer Foam Market
- 6.1.3.2.1 Canada Polymer Foam Market by Type
- 6.1.3.2.2 Canada Polymer Foam Market by Application
- 6.1.3.3 Mexico Polymer Foam Market
- 6.1.3.3.1 Mexico Polymer Foam Market by Type
- 6.1.3.3.2 Mexico Polymer Foam Market by Application
- 6.1.3.4 Rest of North America Polymer Foam Market
- 6.1.3.4.1 Rest of North America Polymer Foam Market by Type
- 6.1.3.4.2 Rest of North America Polymer Foam Market by Application
- 6.2 Europe Polymer Foam Market
- 6.2.1 Europe Polymer Foam Market by Type
- 6.2.1.1 Europe Polystyrene Foam Market by Country
- 6.2.1.2 Europe Polyurethane Foam Market by Country
- 6.2.1.3 Europe PVC Foam Market by Country
- 6.2.1.4 Europe Phenolic Foam Market by Country
- 6.2.1.5 Europe Polyolefin Foam Market by Country
- 6.2.1.6 Europe Melamine Foam Market by Country
- 6.2.1.7 Europe Others Market by Country
- 6.2.2 Europe Polymer Foam Market by Application
- 6.2.2.1 Europe Building & Construction Market by Country
- 6.2.2.2 Europe Packaging Market by Country
- 6.2.2.3 Europe Furniture & Bedding Market by Country
- 6.2.2.4 Europe Automotive Market by Country
- 6.2.2.5 Europe Rail Market by Country
- 6.2.2.6 Europe Wind Market by Country
- 6.2.2.7 Europe Marine Market by Country
- 6.2.2.8 Europe Others Market by Country
- 6.2.3 Europe Polymer Foam Market by Country
- 6.2.3.1 Germany Polymer Foam Market
- 6.2.3.1.1 Germany Polymer Foam Market by Type
- 6.2.3.1.2 Germany Polymer Foam Market by Application
- 6.2.3.2 UK Polymer Foam Market
- 6.2.3.2.1 UK Polymer Foam Market by Type
- 6.2.3.2.2 UK Polymer Foam Market by Application
- 6.2.3.3 France Polymer Foam Market
- 6.2.3.3.1 France Polymer Foam Market by Type
- 6.2.3.3.2 France Polymer Foam Market by Application
- 6.2.3.4 Russia Polymer Foam Market
- 6.2.3.4.1 Russia Polymer Foam Market by Type
- 6.2.3.4.2 Russia Polymer Foam Market by Application
- 6.2.3.5 Spain Polymer Foam Market
- 6.2.3.5.1 Spain Polymer Foam Market by Type
- 6.2.3.5.2 Spain Polymer Foam Market by Application
- 6.2.3.6 Italy Polymer Foam Market
- 6.2.3.6.1 Italy Polymer Foam Market by Type
- 6.2.3.6.2 Italy Polymer Foam Market by Application
- 6.2.3.7 Rest of Europe Polymer Foam Market
- 6.2.3.7.1 Rest of Europe Polymer Foam Market by Type
- 6.2.3.7.2 Rest of Europe Polymer Foam Market by Application
- 6.3 Asia Pacific Polymer Foam Market
- 6.3.1 Asia Pacific Polymer Foam Market by Type
- 6.3.1.1 Asia Pacific Polystyrene Foam Market by Country
- 6.3.1.2 Asia Pacific Polyurethane Foam Market by Country
- 6.3.1.3 Asia Pacific PVC Foam Market by Country
- 6.3.1.4 Asia Pacific Phenolic Foam Market by Country
- 6.3.1.5 Asia Pacific Polyolefin Foam Market by Country
- 6.3.1.6 Asia Pacific Melamine Foam Market by Country
- 6.3.1.7 Asia Pacific Others Market by Country
- 6.3.2 Asia Pacific Polymer Foam Market by Application
- 6.3.2.1 Asia Pacific Building & Construction Market by Country
- 6.3.2.2 Asia Pacific Packaging Market by Country
- 6.3.2.3 Asia Pacific Furniture & Bedding Market by Country
- 6.3.2.4 Asia Pacific Automotive Market by Country
- 6.3.2.5 Asia Pacific Rail Market by Country
- 6.3.2.6 Asia Pacific Wind Market by Country
- 6.3.2.7 Asia Pacific Marine Market by Country
- 6.3.2.8 Asia Pacific Others Market by Country
- 6.3.3 Asia Pacific Polymer Foam Market by Country
- 6.3.3.1 China Polymer Foam Market
- 6.3.3.1.1 China Polymer Foam Market by Type
- 6.3.3.1.2 China Polymer Foam Market by Application
- 6.3.3.3 Japan Polymer Foam Market
- 6.3.3.3.1 Japan Polymer Foam Market by Type
- 6.3.3.3.2 Japan Polymer Foam Market by Application
- 6.3.3.4 India Polymer Foam Market
- 6.3.3.4.1 India Polymer Foam Market by Type
- 6.3.3.4.2 India Polymer Foam Market by Application
- 6.3.3.5 South Korea Polymer Foam Market
- 6.3.3.5.1 South Korea Polymer Foam Market by Type
- 6.3.3.5.2 South Korea Polymer Foam Market by Application
- 6.3.3.6 Singapore Polymer Foam Market
- 6.3.3.6.1 Singapore Polymer Foam Market by Type
- 6.3.3.6.2 Singapore Polymer Foam Market by Application
- 6.3.3.7 Malaysia Polymer Foam Market
- 6.3.3.7.1 Malaysia Polymer Foam Market by Type
- 6.3.3.7.2 Malaysia Polymer Foam Market by Application
- 6.3.3.8 Rest of Asia Pacific Polymer Foam Market
- 6.3.3.8.1 Rest of Asia Pacific Polymer Foam Market by Type
- 6.3.3.8.2 Rest of Asia Pacific Polymer Foam Market by Application
- 6.4 LAMEA Polymer Foam Market
- 6.4.1 LAMEA Polymer Foam Market by Type
- 6.4.1.1 LAMEA Polystyrene Foam Market by Country
- 6.4.1.2 LAMEA Polyurethane Foam Market by Country
- 6.4.1.3 LAMEA PVC Foam Market by Country
- 6.4.1.4 LAMEA Phenolic Foam Market by Country
- 6.4.1.5 LAMEA Polyolefin Foam Market by Country
- 6.4.1.6 LAMEA Melamine Foam Market by Country
- 6.4.1.7 LAMEA Others Market by Country
- 6.4.2 LAMEA Polymer Foam Market by Application
- 6.4.2.1 LAMEA Building & Construction Market by Country
- 6.4.2.2 LAMEA Packaging Market by Country
- 6.4.2.3 LAMEA Furniture & Bedding Market by Country
- 6.4.2.4 LAMEA Automotive Market by Country
- 6.4.2.5 LAMEA Rail Market by Country
- 6.4.2.6 LAMEA Wind Market by Country
- 6.4.2.7 LAMEA Marine Market by Country
- 6.4.2.8 LAMEA Others Market by Country
- 6.4.3 LAMEA Polymer Foam Market by Country
- 6.4.3.1 Brazil Polymer Foam Market
- 6.4.3.1.1 Brazil Polymer Foam Market by Type
- 6.4.3.1.2 Brazil Polymer Foam Market by Application
- 6.4.3.2 Argentina Polymer Foam Market
- 6.4.3.2.1 Argentina Polymer Foam Market by Type
- 6.4.3.2.2 Argentina Polymer Foam Market by Application
- 6.4.3.3 UAE Polymer Foam Market
- 6.4.3.3.1 UAE Polymer Foam Market by Type
- 6.4.3.3.2 UAE Polymer Foam Market by Application
- 6.4.3.4 Saudi Arabia Polymer Foam Market
- 6.4.3.4.1 Saudi Arabia Polymer Foam Market by Type
- 6.4.3.4.2 Saudi Arabia Polymer Foam Market by Application
- 6.4.3.5 South Africa Polymer Foam Market
- 6.4.3.5.1 South Africa Polymer Foam Market by Type
- 6.4.3.5.2 South Africa Polymer Foam Market by Application
- 6.4.3.6 Nigeria Polymer Foam Market
- 6.4.3.6.1 Nigeria Polymer Foam Market by Type
- 6.4.3.6.2 Nigeria Polymer Foam Market by Application
- 6.4.3.7 Rest of LAMEA Polymer Foam Market
- 6.4.3.7.1 Rest of LAMEA Polymer Foam Market by Type
- 6.4.3.7.2 Rest of LAMEA Polymer Foam Market by Application
- Chapter 7. Company Profiles
- 7.1 Arkema S.A.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 SWOT Analysis
- 7.2 BASF SE
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 SWOT Analysis
- 7.3 Borealis AG (OMV)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Synthos S.A. (FTF Galleon S.A.)
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 DuPont de Nemours, Inc.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
- 7.6 Trelleborg AB
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 Zotefoams plc
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
- 7.8 Sealed Air Corporation
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 SWOT Analysis
- 7.9 Woodbridge Foam Corporation
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. Polymer Technologies, Inc.
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis
- Chapter 8. Winning imperatives of Polymer Foam Market
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