Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Foam Insulation Market is Growing at CAGR 5.56% During 2020-2025

Foam Insulation Mark

iCrowdNewswire   Feb 4, 20207:25 AM ET

Foam Insulation Market is forecast to reach $25.48 billion by 2025, after growing at a CAGR of 5.56% during 2020-2025. Strict government regulation for reducing greenhouse gas emissions and improving energy efficiency in homes and buildings have been key drivers of growth for this market over the forecast period.

Key Takeaways

Product Type – Segment Analysis

Polyolefin Foam segment held the largest share in the Foam Insulation Market in 2018. Polyolefin foam demand is due to its lightweight and flexible design that is needed for HVAC applications (heating, ventilation and air conditioning). Many nations and international bodies, including the United States, China, South Korea, and the EU, have different construction codes for new commercial and residential buildings.

Download Sample Report :

End-Use Industry – Segment Analysis

Building & The construction sector has been the primary market for Foam Insulation by growing at a CAGR of 4%, due to its performance characteristics. According to the US department and energy, building almost 40% of the energy consumed in 2018. Major building energy is spent on space cooling and heating and major heat are lost through the building envelope due to air leakages. By using, Foam insulation can reduce air leakages by present on walls, window frames, door frames, floorings, among others which results in low utility bills and can reduce greenhouse gas emissions.

Geography – Segment Analysis

APAC dominated the Foam Insulation Market with a share of more than 47%, followed by North America and Europe. Due to fast economic growth in India and China, a change in sector trends is noted. With many Asia-Pacific nations still mainly rural, economic growth is set to promote continuing urbanization. In addition, population growth in these nations is anticipated to increase demand for the end-use industry, which in turn is projected to drive the Foam Insulation Market during the forecast period.  All these factors attribute to the market growth of the market.

Drivers – Foam Insulation Market

In order to support energy efficiency and the growing demand for going green, the increasing numbers of government regulators in different countries are using foam isolation in buildings. The foam insulation market over the forecast period is anticipated to be propelled by increasing modifications in buildings in developed and developing regions.

Challenges – Foam Insulation Market

Lack of awareness about the benefits of foam insulation and fewer government initiations and low manufactures can restrain the growth of the market. It is estimated that 25% of home heat loss is via the roof, 35% is through the walls and 25% is through air leakages, so the walls and roof insulation are two of the most efficient energy efficiency.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Foam Insulation Market. In 2018, the market of Foam Insulation Market has been consolidated by the top five players accounting for xx% of the share. Major players in the Foam Insulation Market are BASF SE, Covestro AG, Huntsman International LLC, Kingspan Group PLC, Lapolla Industries, Inc., Owens Corning, Recticel Group, Saint-Gobain, the Dow Chemical The company, Armacell International S.A., and Johns Manville, among others.

Acquisitions/Technology Launches

About IndustryARC:

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to to discuss more about our consulting services.

Contact Information:

Mr. Venkat Reddy
Sales Director
Contact Sales: +1970-236-3677

Keywords:    Foam Insulation Market, Foam Insulation Market Size, Foam Insulation Market Share, Foam Insulation Market Analysis, Foam Insulation Market Revenue, Foam Insulation Market Trends, Foam Insulation Market Growth, Foam Insulation Market Research, Foam Insulation Market Outlook, Foam Insulation Market Forecast

Tags:    Extended Distribution, Research Newswire, English