According to a market report by Lucintel, the future of the rigid foam market looks promising with opportunities in the building & construction, appliances, packaging, and automobile industries. The rigid foam market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are increasing use of rigid foam for insulation and energy saving in the building & construction and appliances, and weight reduction in the automobile industry.
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In this market, polyurethane (PU), polystyrene (PS), polyethylene (PE), polypropylene (PP), and Polyvinylcloride (PVC), are the major polymer type used to manufacture foam. Polyurethane rigid foam is the largest market.
Within the rigid foam market, building & construction, appliances, packaging, automobile, and others are the major end use industries. Building & construction segment is the largest segment for rigid foam.
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Asia Pacific will remain the largest market over the forecast period due to increasing demand for technologically advanced and high quality products and growth in the building & construction, appliance, and automobile end use industries.
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BASF, Dow Chemical, Covestro AG, JSP Corporation, Borealis AG, Sealed Air Corporation, Armacell International S.A., Woodbridge Foam Corporation, Trelleborg AB, Recticel, UFP Technologies, Chemtura Corporation, Vita foam, Carpenter, Eurofoam Group and Zotefoams Plc are among the major manufacturers of rigid foam.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the rigid foam market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Rigid Foam Market 2019-2024: Trends, Forecast, and Opportunity Analysis“. This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the rigid foam market by polymer type, end use industry, and region as follows:
By Polymer Type [$M shipment analysis for 2013 – 2024]:
- Polyurethane (PU)
- Polystyrene (PS)
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
By End Use Industry [$M shipment analysis for 2013 – 2024]:
- Building & Construction
By Region [$M shipment analysis for 2013 – 2024]:
- North America
- Asia Pacific
- Middle East & Africa
- South America
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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/rigid-foam-market.aspx or email@example.com.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the Rigid foam market by polymer type [Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), and Others], end use industry (building & construction, appliances, packaging, automobile, and others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)?
Q.2. Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the rigid foam market?
Q.5 What are the business risks and threats to the rigid foam market?
Q.6 What are emerging trends in the rigid foam market and the reasons behind them?
Q.7 What are some changing demands of customers in the rigid foam market?
Q.8 What are the new developments in the rigid foam market? Which companies are leading these developments?
Q.9.Who are the major players in the rigid foam market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the rigid foam market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M & A activities took place in the last five years in the rigid foam market?
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