Polymeric Foams: Global Markets
The global market for polymeric foams reached $121.8 billion in 2021. The market is estimated to increase from $124.1 billion in 2022 to $154.3 billion by 2027, at a compound annual growth rate (CAGR) of 4.5% during 2022-2027.
- 47 data tables and 13 additional tables
- An overview of the global markets for polymeric foams
- Estimation of the market size and analyses of market trends, with data from 2021, estimates for 2022 with projections of compound annual growth rates (CAGRs) through 2027
- Characterization and quantification of market potential for polymeric foams by technology, applications, resin family and region
- Description of plastic resin chemistry, manufacturing, and properties; information on conventional polymer foam technology including polyolefin foam processes and polystyrene foam processes
- Information on environmental laws and regulations, and the 1990 Clean Air Act Amendment, and discussion on CFC- and HCFC-replacement issues
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market trends, market size, and market forecast
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
- Company profiles of major industry players, including Arkema, BASF SE, Covestro AG, Dow Chemical Co., Evonik Industries AG, Saint-Gobain and Toray Industries, Inc.
The report takes a general outlook of the polymeric foams market. It examines industry standards, government and industry support, and other factors related to the success of polymeric foams. This report segments the market into major sub-segments like resin family and application. In-depth study of the most important technological, economic, political and environmental considerations in the polymeric foams industry are also included.
This report covers the global market for polymeric foams and analyzes global market trends, with the base year as 2021 and estimated compound annual growth rates (CAGR) for 2022 and 2027. Sales values are presented in U.S. dollars. Estimated values used are based on manufacturers’ total revenues.
The study also discusses market dynamics such as drivers, restraints, opportunities and challenges. It further examines new and emerging trends and their impact on current and future market dynamics.
BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.
The U.S market for polymeric foam was nearly 7.9 billion pounds in 2014. This market is predicted to reach nearly 8.1 billion pounds in 2015 and nearly 9.3 billion pounds in 2020, with a compound annual growth rate (CAGR) of 2.8%.
- An overview of the global markets for polymeric foams.
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Analysis of three classes of major commodity thermoplastic resins used to produce foams: polyolefins (primarily polyethylenes and polypropylene), polystyrene and PS copolymers, and polyvinyl chloride and copolymers.
- Coverage of key application areas including:
- Appliances, primarily thermal insulation.
- Building/construction, primarily insulation and PVC profiles/shapes.
- Electrical/electronics, with the largest market in acoustical and noise-control foams.
- Furniture and furnishings, mainly comfort cushioning.
- Medical applications.
- Packaging, both functional and product protection.
- Transportation, primarily cushioning.
- Information on technologies including new blowing agents, polyol technology, microcellular foams, and discussion of polymer recycling technology.
- Details concerning the structure of the polymeric foams industry with emphasis on major domestic producers and suppliers, as well as trends in the industry.
BCC Research forecasts an overall compound annual growth rate (CAGR) of about 2.5% for all foams produced from commercial plastics for the period 2010-2015. This market is valued at 7.5 billion pounds in 2010 and is expected to reach nearly 8.6 billion pounds in 2015.
Polyolefins, both polyethylenes and polypropylene foams, have a growing market of about 443 million pounds in 2010. A higher compound annual growth rate (CAGR) of 2.8%, and a value of 509 million pounds, is forecast for 2015, based on increasing demand for cross-linked polyethylene foams in several applications.
Polyurethane (PUR) foams, both flexible foams used primarily for cushioning and rigid foams used mostly for thermal insulation, have the largest market, 3.9 billion pounds in 2010, with a predicted compound annual growth rate (CAGR) of 2.6% to 4.4 billion pounds in 2015.
The merchant market for polymeric foams in the U.S. is estimated at 7.4 billion pounds in 2001. BCC forecasts an overall average annual growth rate (AAGR) of about 2.8% for all foams through 2006.
While one of the smallest of the major markets, the highest AAGR of any resin group, 3.8%, is forecast for polyolefins, largely based on demand in leisure and sports applications. Total demand in 2006 should be about 361 million pounds.
Polyurethane (PUR) foams, both flexible and rigid, have the largest market, 3.96 billion pounds in 2001, with a predicted AAGR of 3.6% to 4.7 billion pounds in 2006.
Polystyrene foams, both extruded and expanded beads, are the second largest family of foamed plastics, but are forecast to increase at an AAGR of only 1.2% through 2006.
Polyvinyl chloride foams are expected to rise at an AAGR of only 2.6%, in large part driven by continuing environmental pressures against the use of PVC.