PUBLISHER: IMARC | PRODUCT CODE: 1291589
PUBLISHER: IMARC | PRODUCT CODE: 1291589
Technical Foam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global technical foam market size reached US$ 31.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
Technical foam relies on rubber and polymer blends developed for different industrial and commercial applications, such as filtering, sealing and sound insulation. It is lightweight, durable, robust, mildew resistant, and skin-friendly and offers resistance against heat. As a result, it is employed in the electronics, aviation, marine, and packaging industries. At present, there is a significant increase in the investments made by homeowners to maintain their floors, roofs, and walls, which is catalyzing the demand for technical foam across the globe.
Technical Foam Market Trends:
Rising building and construction activities represent one of the key factors positively influencing the market. Moreover, technical foam is extensively utilized in the automotive industry as it helps reduce the weight of insulation and improve the fuel efficiency of vehicles. It is also used in electric vehicles (EVs) for foam compression and providing protection against shock and rattling in battery components. Moreover, technical foam comprises polyurethane (PU) foam, which has high mechanical strength and low density, heat conduction coefficient, and water absorption properties. As a result, it is employed in catheters, general-purpose tubing, surgical drapes, hospital bedding, wound dressings, and short-term implants in the healthcare industry. In addition, PU foam finds applications as a cushioning material for gymnastics, martial arts, judo, wrestling, and agility mats in schools, sports halls, and leisure and climbing centers. Apart from this, key players are introducing bio-based product variants that are made using renewable resources. This, coupled with rising technological advancements, is fueling the growth of the market. Other factors, including rapid industrialization and the growing requirement for acoustic solutions to tackle noise pollution, are anticipated to create a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global technical foam market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product form, material and end use industry.
Breakup by Product Form:
Flexible
Rigid
Spray
Breakup by Material:
Elastomeric
Polyurethane
Polyethylene
Others
Breakup by End Use Industry:
Automotive and Transportation
Electrical and Electronics
Building and Construction
Medical
Sporting Equipment
Packaging
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Armacell, BASF SE, Covestro AG, Dow Inc., Huntsman Corporation, Kaneka Corporation, Recticel, Saudi Basic Industries Corporation (Saudi Aramco), Sealed Air Corporation, Sekisui Chemical Co. Ltd., Woodbridge and Zotefoams Plc.
Key Questions Answered in This Report
1. What was the size of the global technical foam market in 2022?
2. What is the expected growth rate of the global technical foam market during 2023-2028?
3. What are the key factors driving the global technical foam market?
4. What has been the impact of COVID-19 on the global technical foam market?
5. What is the breakup of the global technical foam market based on the product form?
6. What is the breakup of the global technical foam market based on the material?
7. What is the breakup of the global technical foam market based on the end use industry?
8. What are the key regions in the global technical foam market?
9. Who are the key players/companies in the global technical foam market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Technical Foam Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Form
- 6.1 Flexible
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Rigid
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Spray
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Material
- 7.1 Elastomeric
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Polyurethane
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Polyethylene
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Automotive and Transportation
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Electrical and Electronics
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Building and Construction
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Medical
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Sporting Equipment
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Packaging
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Armacell
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 BASF SE
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Covestro AG
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Dow Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Huntsman Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Kaneka Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Recticel
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Saudi Basic Industries Corporation (Saudi Aramco)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Sealed Air Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Sekisui Chemical Co. Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 Woodbridge
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Zotefoams Plc
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.1 Armacell
List of Figures
- Figure 1: Global: Technical Foam Market: Major Drivers and Challenges
- Figure 2: Global: Technical Foam Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Technical Foam Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Technical Foam Market: Breakup by Product Form (in %), 2022
- Figure 5: Global: Technical Foam Market: Breakup by Material (in %), 2022
- Figure 6: Global: Technical Foam Market: Breakup by End Use Industry (in %), 2022
- Figure 7: Global: Technical Foam Market: Breakup by Region (in %), 2022
- Figure 8: Global: Technical Foam (Flexible) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Technical Foam (Flexible) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Technical Foam (Rigid) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Technical Foam (Rigid) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Technical Foam (Spray) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Technical Foam (Spray) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Technical Foam (Elastomeric) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Technical Foam (Elastomeric) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Technical Foam (Polyurethane) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Technical Foam (Polyurethane) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Technical Foam (Polyethylene) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Technical Foam (Polyethylene) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Technical Foam (Other Materials) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Technical Foam (Other Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Technical Foam (Automotive and Transportation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Technical Foam (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Technical Foam (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Technical Foam (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Technical Foam (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Technical Foam (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Technical Foam (Medical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Technical Foam (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Technical Foam (Sporting Equipment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Technical Foam (Sporting Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Technical Foam (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Technical Foam (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Technical Foam (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Technical Foam (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: North America: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: North America: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: United States: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: United States: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Canada: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Canada: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Asia-Pacific: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Asia-Pacific: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: China: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: China: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Japan: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Japan: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: India: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: India: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: South Korea: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: South Korea: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Australia: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Australia: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Indonesia: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Indonesia: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Others: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Others: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Europe: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Europe: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Germany: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Germany: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: France: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: France: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: United Kingdom: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: United Kingdom: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Italy: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Italy: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Spain: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Spain: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Russia: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Russia: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Latin America: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Latin America: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Brazil: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Brazil: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Mexico: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Mexico: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Others: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Others: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Middle East and Africa: Technical Foam Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Middle East and Africa: Technical Foam Market: Breakup by Country (in %), 2022
- Figure 84: Middle East and Africa: Technical Foam Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Global: Technical Foam Industry: SWOT Analysis
- Figure 86: Global: Technical Foam Industry: Value Chain Analysis
- Figure 87: Global: Technical Foam Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Technical Foam Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Technical Foam Market Forecast: Breakup by Product Form (in Million US$), 2023-2028
- Table 3: Global: Technical Foam Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 4: Global: Technical Foam Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 5: Global: Technical Foam Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Technical Foam Market: Competitive Structure
- Table 7: Global: Technical Foam Market: Key Players
