Global Rigid Foam Market : In-depth Analysis by Regional Outlook, Latest Trend, Share Analysis and top players are BASF, The Dow Chemical Company, Huntsman Corporation, Covestro, JSP, Borealis, Sealed Air Corporation, Armacell, Nitto Denko Corporation
The Global Rigid Foam Market accounted for USD 61.18 billion in 2016 and is projected to grow at a CAGR of 8.1% during the forecast period of 2017 to 2024.
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Major Market Drivers and Restraints:
• Government regulations against greenhouse gas emissions
• Growing automobile and packaging industry
• Technological advancements in the insulation industry
• Lack of awareness about the importance of rigid foam
Key Research objectives
• To understand the structure of Rigid Foam market by identifying its various subsegments.
• Highlights key business priorities in order to assist companies to realign their business strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Learn about the market policies that are being endorsed by ruling respective organizations.
• To gain a perceptive survey of the market and have an extensive interpretation of the Rigid Foam and its materialistic landscape.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To perceive the most influencing pivoting and hindering forces in the Rigid Foam Market and its footprint in the international market.
• To project the consumption of Rigid Foam submarkets, with respect to key regions (along with their respective key countries).
• To strategically profile the key players and comprehensively analyze their growth strategies
• To analyze the Rigid Foam with respect to individual growth trends, future prospects, and their contribution to the total market.
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Top players operating in weight management market
• BASF SE,
• The Dow Chemical Company,
• Huntsman Corporation,
• Covestro AG,
• JSP Corporation (Japan),
• Borealis AG (Austria),
• Sealed Air Corporation (U.S.),
• Armacell International S.A (Luxembourg),
• Nitto Denko Corporation (Japan),
• Woodbridge Foam Corporation (Canada),
• Kaneka Corporation (Japan),
• ZotefoamsPlc (U.K.)
The rigid foam market is segmented on the basis of type into
• Polyurethane (PU),
• Polystyrene (PS),
• Polyethylene (PE),
• Polypropylene (PP),
• Polyvinyl Chloride (PVC),and others
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On the basis of application, the market is segmented into
• Building & construction,
• Automobile, and Others
Building and construction segment is expected to witness the highest demand from the automotive sector over the forecast period.
On the basis of geography, the rigid foam market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacificis expected to dominate the market.
Global Landscape Analysis of Rigid Foam Market
The global rigid foam market is consolidated due to the presence of a limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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