Rigid Foam Insulation Market Revolutionary Trends in Industry Growth Statistics By 2030
Rising cost of foam insulations in comparison to the cost of loose-fill systems may hinder the growth of the global market.
The
global Rigid
Foam Insulation Market size was robust in 2021
and is expected to register a steady revenue CAGR over the forecast period. One
of the key factors driving market revenue growth is increased consumption of
the material from industrial applications such as restaurants, clinics,
commercial complexes, and others. They are used to cover the inside and outside
of buildings, as well as to create ornamental and aesthetic glass mosaics.
Porcelain tiles are bits of glass that have been molded into uniform forms.
They have grown in popularity as field and accent tiles in recent years. This
trend can be linked to recent technological advancements as well as the
intrinsic features of tiles, notably their ability to impart strong color and
reflect light, as well as their water resistance. These reasons are driving
revenue growth of the market during the forecast period.
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Top Leading Players:
- Recticel
(Belgium)
- BASF SE
(Germany)
- Armacell
International SA (Luxembourg)
- Covestro AG
(Germany)
- Huntsman
International LLC (U.S.)
- Lapolla
Industries, Inc. (U.S.)
- DowDuPont
(U.S.)
- Saint-Gobain
(France)
- Safco Foam
Insulation (U.S.)
- Cajun Foam
Insulation (U.S.)
Opportunities
for Players in the Global Rigid Foam Insulation Market:
Rising
demand for rigid foam insulation in the automotive and transportation
industries leads to more prospects in the global market, since it keeps the
interior temperature in storage and delivery vehicles like reefer trailers and
trucks. In addition, it provides thermal comfort for travelers in automobiles,
trains, planes, and buses. These factors are expected to drive revenue growth
of the market during the forecast period.
Key Regional Markets Covered in the Report:
North America
(U.S.A., Canada, Mexico)
Europe (Italy,
U.K., Germany, France, Rest of Europe)
Asia Pacific
(India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America
(Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East &
Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Key questions covered in the global Rigid Foam
Insulation Market report:
·
What is the expected
market size of the global Rigid Foam Insulation Market during the forecast
period?
·
What factors are expected
to hamper global Rigid Foam Insulation Market growth over the forecast period?
·
What key factors are
expected to drive global revenue growth between 2021 and 2028?
·
Which application segment
is expected to dominate other application segments over the forecast period?
·
Which region is expected
to dominate in terms of revenue during the forecast period?
·
What are the key outcomes
of Porter’s Five Forces analysis and SWOT analysis?
·
Which leading players are
operating in the global Polyvinyl Alcohol market?
Segments
covered in the report:
Type
Outlook (Revenue, USD Billion; 2019-2030)
- Polystyrene Foam
- Polyurethane & Polyisocyanurate Foam
- Polyolefin Foam
- Phenolic Foam
- Elastomeric Foam
Application/End-Use
Outlook (Revenue, USD Billion; 2019-2030)
- Building & construction
- Transportation
- Consumer Appliances
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