Rising cost of foam insulations in comparison to the cost of loose-fill systems may hinder the growth of the global market.

The global Rigid Foam Market size was robust in 2021 and is expected to register a steady revenue CAGR over the forecast period. One of the key factors driving market revenue growth is increased consumption of the material from industrial applications such as restaurants, clinics, commercial complexes, and others. They are used to cover the inside and outside of buildings, as well as to create ornamental and aesthetic glass mosaics. Porcelain tiles are bits of glass that have been molded into uniform forms. They have grown in popularity as field and accent tiles in recent years. This trend can be linked to recent technological advancements as well as the intrinsic features of tiles, notably their ability to impart strong color and reflect light, as well as their water resistance. These reasons are driving revenue growth of the market during the forecast period.

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Top Leading Players:

  • Recticel (Belgium)
  • BASF SE (Germany)
  • Armacell International SA (Luxembourg)
  • Covestro AG (Germany)
  • Huntsman International LLC (U.S.)
  • Lapolla Industries, Inc. (U.S.)
  • DowDuPont (U.S.)
  • Saint-Gobain (France)
  • Safco Foam Insulation (U.S.)
  • Cajun Foam Insulation (U.S.)

Opportunities for Players in the Global Rigid Foam Market:

Rising demand for Rigid Foam in the automotive and transportation industries leads to more prospects in the global market, since it keeps the interior temperature in storage and delivery vehicles like reefer trailers and trucks. In addition, it provides thermal comfort for travelers in automobiles, trains, planes, and buses. These factors are expected to drive revenue growth of the market during the forecast period.

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)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

 

Key questions covered in the global Rigid Foam Market report:

  • What is the expected market size of the global Rigid Foam Market during the forecast period?
  • What factors are expected to hamper global Rigid Foam Market growth over the forecast period?
  • What key factors are expected to drive global revenue growth between 2021 and 2028?
  • Which application segment is expected to dominate other application segments over the forecast period?
  • Which region is expected to dominate in terms of revenue during the forecast period?
  • What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
  • Which leading players are operating in the global Polyvinyl Alcohol market?

 

Segments covered in the report:

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

  • Polystyrene Foam
  • Polyurethane & Polyisocyanurate Foam
  • Polyolefin Foam
  • Phenolic Foam
  • Elastomeric Foam

Application/End-Use Outlook (Revenue, USD Billion; 2019-2030)

  • Building & construction
  • Transportation
  • Consumer Appliances

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