Rigid Foam Market Size Analysis, Drot, Pest, Porter's, Region & Country Forecast Till 2030

Reports and Data estimates the global Rigid Foam competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2030 as the forecast period. The report offers CAGR and market size for the global Rigid Foam during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Armacell International S.A., BASF SE, Dow Chemical Company, Recticel, Huntsman International LLC., Johns Manville Corporation, Recticel NV/SA, and Saint-Gobain SA. Major players are involved in various strategies including product launches, business expansions, mergers & acquisitions, and partnerships, among others.

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Rigid Foam Overview :-

The global rigid foam market is expected to register a revenue CAGR of 4.9 % between 2022 and 2030. Increasing awareness of the benefits associated with rigid foam insulation is one of the major factors driving market revenue growth. Rigid foam helps to effectively seal gaps and close air leaks, and maintain indoor air temperature. Also, rigid foam sheathing provides an extra layer of protection against moisture, pests, and fire.

Another key factor driving revenue growth of the market are increasing use of rigid foam in construction applications, and rising demand for energy-efficient buildings and the need for better fire protection in commercial and residential structures. Rigid foam is an excellent insulator and can be used in both new construction and retrofit projects. It is also lightweight and easy to install, which makes it an ideal material for use in a variety of construction applications. The rigidity of the foam helps to reduce noise transmission and provides superior soundproofing properties.

Some of the factors restraining revenue growth of the market are volatile raw material prices and stringent government regulations regarding the use of certain chemicals in rigid foam production. For instance, in Europe, the use of Chlorofluorocarbons (CFCs) and Hydrochlorofluorocarbons (HCFCs) has been banned due to negative impact of CFC and HCFC on the environment.

The global rigid foam market is segmented on the basis of type, application, and region.

On the basis of type, the market is segmented into Polyurethane (PUR), Polystyrene (PS), phenolic, Polyisocyanurate (PIR), Extruded Polystyrene (XPS), and Expanded Polystyrene (EPS). Polyurethane foam segment is expected to account for largest revenue share in the global market during the forecast period as it has superior insulating properties and is increasingly being used in construction applications. Also, it is easy to install these foam products and has a long lifespan.

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For the purpose of this report Reports and Data has segmented global Rigid Foam market on the basis of type, application, and region:

Type Outlook (Revenue, USD Million; 2019-2030)

Polyurethane (PUR)
Polystyrene (PS)
Phenolic
Polyisocyanurate (PIR)
Extruded Polystyrene (XPS)
Expanded Polystyrene (EPS)

Application Outlook (Revenue, USD Million; 2019-2030)

Construction
Packaging
Automotive
Heating, Ventilating and Air Conditioning & Refrigeration (HVAC&R)
Others (Electrical & Electronics, Furniture, Appliances, And Others)

Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

What is the expected year-on-year growth of the Rigid Foam during the forecast period?
What key trends are expected influence revenue growth of the market going ahead?
Which region is expected to account for largest revenue share over the forecast period?
Which key companies are profiled in the report?

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