Press release
United States Industrial Foam Market 2026 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
Industrial Foam Market
The Global Industrial Foam Market is expected to grow at a CAGR of 5.50% during the forecast period (2024-2031).
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Key Development:
United States: Recent Industry Developments
✅ In February 2026, BASF expanded its spray polyurethane foam portfolio with the launch of WALLTITE® RSB, a sustainable closed‐cell foam solution incorporating recycled and renewable content to support low‐carbon construction and high thermal performance.
✅ In December 2025, Johns Manville launched JM QuickFoam® Adhesive, featuring advanced retraction technology that improves installation speed and surface finish for industrial insulation and roofing applications.
✅ In December 2025, Huntsman Building Solutions introduced updated winter application protocols for spray polyurethane foam systems, enhancing performance and reliability of industrial insulation installations in colder environments.
✅ In November 2025, TopBuild Corp. completed strategic acquisitions across U.S. regional markets, expanding its spray foam installation and specialty insulation capabilities to better serve construction and industrial sectors.
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Japan: Recent Industry Developments
✅ In January 2026, Japanese construction material manufacturers increased deployment of advanced spray polyurethane foam systems, focusing on energy‐efficient and airtight building envelopes to meet evolving industrial standards.
✅ In December 2025, Japanese polyurethane producers accelerated digitalization in spray foam manufacturing, integrating automation and process optimization to improve product consistency and operational efficiency.
✅ In November 2025, Japanese chemical companies advanced R&D for low‐GWP and bio‐based spray polyurethane foam formulations, aligning with sustainability goals and regulatory expectations for greener industrial materials.
✅ In December 2025, industry collaboration in Japan highlighted innovative spray foam applications for energy‐efficient industrial buildings, promoting broader adoption of advanced foam solutions in commercial and industrial construction.
Key Players:
=> Armacell, BASF SE, Covestro AG, Continental AG, Dow Chemical, Huntsman Corporation, JSP Corporation, Saint-Gobain, Sealed Air Corporation and Trelleborg AB.
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Key Segments:
By Type
Flexible Foam holds ~55% share, driven by high demand in bedding, furniture, and automotive cushioning applications.
Rigid Foam accounts for ~45%, growing due to increased use in building insulation, industrial piping, and energy-efficient construction.
By Resin Type
Polyurethane dominates with ~40% share, owing to versatility, high durability, and widespread use in flexible and rigid foam applications.
Polystyrene contributes ~20%, popular for thermal insulation, packaging, and lightweight construction materials.
Polyolefin (~10%) is increasingly adopted for chemical resistance and lightweight applications.
Phenolic (~8%) is growing in high-temperature insulation and fire-resistant applications.
PET Foam (~5%) is used in specialized industrial and marine applications.
Others (~17%) include specialty foams like melamine foam, epoxy foam, witnessing steady growth in niche industrial sectors.
By End-User
Building & Construction accounts for ~35%, driven by growing demand for energy-efficient insulation materials.
HVAC (~25%) benefits from increased adoption of foam insulation for ducts and air handling systems.
Industrial Pipe Insulation (~20%) grows with expansion of process industries and oil & gas pipelines.
Marine (~10%) is rising due to lightweight and corrosion-resistant insulation requirements.
Others (~10%) include automotive, packaging, and specialty industrial uses, witnessing steady adoption in niche applications.
By Region
North America (~30%) leads, driven by strong construction and industrial insulation demand.
Europe (~25%) grows steadily due to energy-efficiency regulations and retrofitting projects.
Asia Pacific (~30%) is the fastest-growing region, fueled by rapid industrialization, construction boom, and HVAC expansion.
South America (~10%) and Middle East & Africa (5%) contribute modestly, driven by emerging infrastructure projects and industrial insulation needs.
FAQ
Q: What is the growth rate of the Industrial Foam Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.50% during the forecast period from 2024 to 2031.
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