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2017
Polyurethane Foam Insulation Materials Market

Polyurethane Foam Insulation Materials Market

by Type (Flexible Foam, Spray Foam, and Rigid Foam) Application (Residential Construction, Non-Residential, Oil & Gas, and Automotive) - Global Opportunity Analysis and Industry Forecast, 2015-2023

Report Code: A01756
Pages: 190
Apr 2017 | 11694 Views
Author(s) : Ashmita R
Tables: 106
Charts: 28
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Polyurethane Foam Insulation Materials Market Overview:

Global Polyurethane Foam Insulation Materials Market revenue was valued at $24,617 million in 2016, and is expected to reach $36,773 million by 2023, supported by a CAGR of 5.7% during the forecast period 2017 to 2023. Polyurethane comprises open cellular structure called polyurethane foam, which are available as flexible, spray, and rigid foams. It possesses excellent sealing, cushioning, and vibration control features, due to low compression property. It suitable in industries, such as residential construction, non-residential, oil & gas, and automotive, owing to high durability and extreme lightweight.

The global polyurethane foam insulation materials market is segmented based on, type, application, and geography. Based on type, it is classified into flexible, spray, and rigid foam. Based on application, it is divided into residential construction, non-residential, oil & gas, automotive, and others. Based on geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Polyurethane Foam Insulation Materials Market Segmentation

Polyurethane Foam Insulation Materials Market Segmentation

Top Investment Pocket

Residential construction application is the most lucrative segment for the polyurethane foam insulation materials market. Flexible- and semi-rigid foams are used in paints, coatings, and adhesives, which are extensively used in construction. Increase in building renovation & remodeling has led to its their higher demand. In 2016, residential construction accounted for about one-fifth share in the global polyurethane foam insulation materials market and is expected to grow at a CAGR of 11.9% during the forecast period. The non-residential construction segment is the second most lucrative application, which accounts for over one-third market share in 2016. Residential construction and non-residential construction collectively accounts for over half of the market share in 2016 in the global polyurethane foam insulation materials market.

Polyurethane Foam Insulation Materials Market Top Investment Pockets, By Application

Polyurethane Foam Insulation Materials Market Top Investment Pockets

Segment Review

The flexible foam type polyurethane foam was the leading market segment in 2016. These foams are extremely light, and highly durable, which are molded into different shapes. They are used for cushioning automotive interiors and provides thermal insulation in residential construction sector.

LAMEA Review:

UAE and Saudi Arabia offer huge potential for the insulation materials manufacturers. UAE and Saudi Arabia is one of the largest market of insulation materials for oil & gas industry in the LAMEA region. Brazil region is an active province market for polyurethane foam insulation materials, due to the increased construction activities in conduction of Rio Summer Olympics 2016. The construction activities in Brazil Olympics included golf course, swimming pools, volleyball stadium, subway links, and many others. Furthermore, growth in the construction industry is expected to drive the polyurethane foam insulation materials market in Brazil.

UAE Polyurethane Foam Insulation Materials Market, 2016-2022 ($Million)

UAE Polyurethane Foam Insulation Materials Market

 Some of the key players operating in the global polyurethane foam insulation materials market are BASF SE, Bayer AG, Compagnie DE Saint-Gobain S.A., Ekisui Chemical Co. Ltd., Huntsman Corporation, Nitto Denko Corporation, The DOW Chemical Company, Tosoh Corporation, Trelleborg AB, and Wanhua Chemical Group Co. Ltd.

Other key market players (not profiled in this report) in the value chain include Armacell GmbH, Chemtura Corporation, Foamcraft' Inc., Foampartner Group, Future Foam' Inc., Fxi-Foamex Innovations, Inoac Corporation, Recticel NV /SA, Rogers Corporation, The Woodbridge Group, UFP Technologies' Inc., and Vita (Lux III) S.A.R.L.

Key Benefits of Polyurethane Foam Insulation Materials Market

  • This report provides the quantitative analysis of the current market dynamics, trends, and estimations through 2015-2023, which assists in identifying the prevailing market opportunities.
  • The study covers competitive landscape and value chain analysis, which helps to understand the competitive environment globally.
  • In-depth analysis of current R&D within market is provided that helps in understanding the behavior of the market.
  • Extensive analysis of segment by type, helps in understanding the current polyurethane foam insulation materials in use and the variants that are expected to gain prominence.
  • Extensive analysis of the market is conducted by following, key product positioning and monitoring the top competitors within the market framework.

Polyurethane Foam Insulation Materials Market Report Highlights

Aspects Details
By Type
  • Flexible Foam
  • Spray Foam
  • Rigid Foam
By Application
  • Residential Construction
  • Non-Residential
  • Oil & Gas
  • Automotive
By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Qatar
    • Rest of LAMEA
Key Market Players BASF SE, BAYER AG, COMPAGNIE DE SAINT-GOBAIN S.A., EKISUI CHEMICAL CO. LTD., HUNTSMAN CORPORATION, NITTO DENKO CORPORATION, THE DOW CHEMICAL COMPANY, TOSOH CORPORATION, TRELLEBORG AB, WANHUA CHEMICAL GROUP CO. LTD.
 

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The polyurethane that have an open cellular structure is called polyurethane foam and are available as flexible-, spray-, and rigid foams. It possesses excellent sealing, cushioning, and vibration control features, due to low compression property. It is an advanced material, which is highly durable, and extremely lightweight.

It can withstand in the temperature range from -200 C to 200 C. It enables effective energy savings with minimal utilization of space and are used for pre-insulating heating pipes. In addition, use of polyurethane foam insulation materials in residential and commercial buildings, helps to meet requirements of advanced energy codes, contributes toward green building certifications, and provides comfort to the building occupants.

Change in lifestyle patterns in emerging countries, such as China, India, Brazil, Middle East, and Africa, have boosted the demand for building renovation & remodeling. The increase in challenges faced by the offshore industries have encouraged manufacturers to develop insulation materials. This trend leads to potential growth opportunities for insulation polyurethane foam market during the forecast period.

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