Global Foam Insulation Market - A Comprehensive Study By Top Companies: Kingspan Group Plc, Lapolla Industries Inc., Owens Corning, Saint-Gobain, The Dow Chemical Company, Recticel Group, Armacell International SA And Others

Databridgemarketresearch.com Adds “Global Foam Insulation Market Demand, Growth, Opportunities And Analysis Of Top Key Player Forecast To 2024” To Its Research Database.

Global Foam Insulation Market is expected to reach USD 27,561.17 million by 2024 from USD 17,230.00 million in 2016, at a CAGR of 6.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Report Segmentation:

Global Foam Insulation Market By Product Type (Polystyrene Foam, Polyurethane Foam, Polyisocyanurate Foam, Polyolefin Foam, Elastomeric Foam, Phenolic Foam), By End-user (Building & Construction, Transportation, Consumer Appliances, Others), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

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Report Drivers:

The major factors contributing to the growth of the market includes factors such as increasing research and development, greenhouse gas emissions, growth in end-use industry, increasing demand for energy-efficient equipment.

INCREASING RESEARCH AND DEVELOPMENT

Key players are investing in research and development to innovate foam products which are more effective and can be utilized effectively for almost every application and are manufactured sustainably. The innovative products have various propreties such as waterproof, fire resistance, hail damage and wind uplift resistance. For instance, wood foam which is being derived entirely from wood and can be utilized as conventional plastic foams, can be cut at every dimension, humidity as well as pressure resistant and humidity and can also be recycled after use. Wood foam has its applications in home insulation with an aim of maintaining the heat inside the building’s occupants and can generate a cozy environment. The increased R&D to innovate new products for foam insulation market is driving the growth of market by providing a wide range of products with enhanced technology for various applications.

REDUCTION IN GREENHOUSE GAS EMISSIONS

Foam insulation provides the excellent insulating and structural characteristics along with the cost effectiveness and thus saves energy as well as helps in the reduction in greenhouse gas (GHG) emissions. Not only utilization of foam insulation in the refrigerator and freezer aves energy but Foam-Control EPS has made construction projects environmentally friendly by lower energy consumption minimizes the CO2 emissions, dose not contained CFC (Chlorofluorocarbons), HFC (Hydrofluorocarbons) or HCFC (Hydrochlorofluorocarbons) which are harmful to earth’s ozone layer. EPS foam insulation being applied to exterior walls of single family residential house. The increasing need of environmental safe products has resulted in increased use of foam insulation products due to its environmental safety properties.

INCREASING DEMAND FOR ENERGY-EFFICIENT EQUIPMENT

Now a days, energy saving has become major concern for the industries while manufacturing products. As, 30.0% of the household energy is consumed by freezers and with the introduction of polyurethane rigid foam in the refrigerators and freezers, they are considered to be the excellent insulators and cost-effective manufacturing solution. As a result the refrigerators with polyurethane foam are saving 60.0% of energy. Approximately 35.0%- 45.0% of energy is used for air infiltration application of the foam insulation such as polyisocyanurate foam, rigid polyurethane foam, spray polyurethane foam and others insulation act as an air barrier by filling the leakage and holes, reduction in heating and cooling cost. Thus, in result helps in improving the efficiency and reduction in energy bills. For instance, According to the U.S. Environmental Protection Agency’s (EPA) energy star program has stated that addition of the sealing air leaks and insulation would save upto 20.0% of monthly energy bills. Foam insulation products offer energy efficient properties and the need of environmental safe and energy efficient products globally have led to increased demand of foam insulating products.

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Major Players:

BASF SE,
Covestro AG,
Huntsman Corporation,
Kingspan Group Plc,
Lapolla Industries Inc.,
Owens Corning,
Saint-Gobain,
The Dow Chemical Company,
Recticel Group,
Armacell International SA,
Johns Manville,
Demilec USA Inc.,
Icynene
Among others.

BASF SE:

Founded in 1865 and headquartered at Ludwigshafen, Germany. BASF create chemistry for a sustainable future. The company operates in five business segment namely chemicals, performance products, functional materials & solutions, agricultural solutions and oil & gas. The functional materials & solutions offers engineering plastics, surface treatment solutions, catalysts, concrete and mixtures for construction, chemical, automotive industries and for household application.

BASF operates in various locations across the globe namely Europe, North America, Asia-Pacific and South America, Africa, Middle East. Some of its subsidiaries include Wintershall, Cognis, BASF Coatings, Engelhard, BASF India Ltd., PCI Augsburg GmbH, BASF Japan, Siegfried PharmaChemikalien Minden GmbH and many more subsidiaries across the globe.

Recent Development:

In June, 2017, launch of an eco friendly spray foam insulation named as Elastospray which will help in building’s interior finish and restoration.

THE DOW CHEMICAL COMPANY:

Founded in 1897 and headquartered at Midland, Michigan, U.S.. Dow combines the power of science and technology to passionately innovate what is essential to human progress. The company operates in five business segment namely performance plastic, performance materials & chemicals, infrastructure solution, consumer solution and agriculture sciences. Infrastructure solution segment offers industrial coatings, building insulation products whereas its consumer solution segment includes chemistries for varied applications such as adhesives, foams, building insulation products and many more.

The Dow Chemical Company operates in various locations across the globe namely Europe, North America, Asia-Pacific and South America, Africa, Middle East. Some of its subsidiaries include Dow AgroSciences, Rohm and Haas, Mycogen Seeds, Americas Styrenics LLC, Dow Global Technologies Inc, Dow Chemical Korea Ltd, Dow Chemical Korea Dow Chemical International Ltd and many more subsidiaries across the globe.

Recent Development:

In September, 2017, launched of GREAT STUFF PRO, a water-based, one-component compressible spray foam in respect to improve air sealing by making gasket between framing and drywall.

COVESTRO AG:

Founded in 2015 and headquartered at Leverkusen, Germany. Covestro is the leading suppliers of premium polymers. Innovation and sustainability are the driving forces behind the continuous development of the company’s products, processes and facilities. The core business comprises three segments include polyurethanes, polycarbonates, coatings, adhesives & specialties.

Recent Development:

In Febuary, 2016, launched Bayseal OCX, an open cell spray polyurethane foam insulation for economical application used as a fire resistant and can save time and money.

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Table of Contents:

1.INTRODUCTION

1.1.OBJECTIVES OF THE STUDY
1.2.MARKET DEFINITION
1.3.OVERVIEW OF GLOBAL FOAM INSULATION MARKET
1.4.CURRENCY AND PRICING
1.5.LIMITATION
1.6.MARKETS COVERED

2.MARKET SEGMENTATION

2.1.MARKETS COVERED
2.2.YEARS CONSIDERED FOR THE STUDY
2.3.CURRENCY AND PRICING
2.4.RESEARCH METHODOLOGY
2.5.PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.6.SECONDARY SOURCES
2.7.ASSUMPTIONS

3.MARKET OVERVIEW

3.1.DRIVERS

3.2.RESTRAINTS

3.3.OPPORTUNITIES

3.4.CHALLENGES

4.EXECUTIVE SUMMARY

5.PREMIUM INSIGHTS

6.GLOBAL FOAM INSULATION MARKET, BY PRODUCT TYPE

6.1.OVERVIEW

6.2.POLYSTYRENE FOAM

6.3.POLYURETHANE FOAM

6.3.1.LIQUID SPRAYED FOAM
6.3.2.RIGID FOAM BOARD
6.4.POLYISOCYANURATE FOAM
6.5.POLYOLEFIN FOAM
6.6.ELASTOMERIC FOAM
6.7.PHENOLIC FOAM

7.GLOBAL FOAM INSULATION MARKET, BY END USER

7.1.OVERVIEW
7.2.BUILDING & CONSTRUCTION
7.3.TRANSPORTATION
7.4.CONSUMER APPLIANCES
7.5.OTHERS

8.GLOBAL FOAM INSULATION MARKET, BY GEOGRAPHY

8.1.OVERVIEW

8.2.NORTH AMERICA

8.3.EUROPE

8.4.ASIA-PACIFIC

8.5.SOUTH AMERICA

9.GLOBAL FOAM INSULATION MARKET, COMPANY LANDSCAPE

9.1.COMPANY SHARE ANALYSIS: GLOBAL
9.2.COMPANY SHARE ANALYSIS: NORTH AMERICA
9.3.COMPANY SHARE ANALYSIS: EUROPE
9.4.COMPANY SHARE ANALYSIS: ASIA-PACIFIC

10.COMPANY PROFILES

10.1.BASF SE

10.2.THE DOW CHEMICAL COMPANY

10.3.COVESTRO AG

10.4.HUNTSMAN CORPORATION

10.5.KINGSPAN GROUP

10.6.LAPOLLA INDUSTRIES, INC.

10.7.OWENS CORNING

10.8.SAINT-GOBAIN

10.9.RECTICEL GROUP

10.10.ARMACELL INTERNATIONAL SA

10.11.JOHNS MANVILLE

10.12.DEMILEC USA, INC.

10.13.ICYNENE

11.RELATED REPORTS

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