Rigid Foam Market Scope
Rigid Foams is one of the type of foam that has cross-linked structure and majorly used for reducing transfer of heat. Foam possess excellent insulating properties due to lower heat resistance of the blowing agent present among the cells. It is used wherever energy losses have to be prevented, thereby minimizing CO2 emission.
According to AMA, the Global Rigid Foam market is expected to see growth rate of 8.2%
The Global Rigid Foam is moderately fragmented with few players. The level of competition among companies is intense and manufacturer focus on developing new technologies. There will be more investor entering into the industry in the future. The main focus would be on improved productivity and reduce production cost. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Rigid Foam market throughout the predicted period.
BASF SE (Germany), The Dow Chemical Company (United States), Covestro AG (Germany), Huntsman Corporation (United States), Zotefoams Plc (United Kingdom), JSP Corporation (Japan), Sealed Air Corporation (United States), Borealis AG (Austria), Woodbridge Foam Corporation (United States) and Armacell International S.A (Luxembourg) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Sunpor (Austria), Sunde, Saint-Gobain, Owens Corning, Styrochem, Kingspan, Loyal Group, Xingda, Nanjing Hongbaoli, WanhuaChemical, Huafon and Feininger.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Rigid Foam market by Type (Polyurethane (PUR/PIR) Foam, Polypropylene Foams, Polystyrene Foam, Polyvinyl Chloride Foam, Polyethylene Foam and Others) and Region with country level break-up.
On the basis of geography, the market of Rigid Foam has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Increasing use of Rigid Foam in Construction, Automotive and Packaging
Market Drivers
- Rapid Utilization of Rigid Foam in the Building and Construction Sector
- Growth in End-Use Industries
Opportunities
- Development of Eco-Friendly Raw Materials
- Potential Growth in Emerging Countries
Restraints
- Stringent Government Rules and Regulation on the Use of Selective Blowing Agents
Challenges
- Volatility in Raw Material Prices
- Lack of Awareness About Rigid Foam
Key Target Audience
Manufacturers of Rigid Foam, Traders, Distributors, and Suppliers of Rigid Foam, Raw Material Suppliers, Government and Regional Agencies, and Research Organizations, Regional Associations of Manufacturers of Rigid Foam and Investment Research Firms