Worldwide Foam Plastics Industry to 2025

DUBLIN, June 24, 2020 /PRNewswire/ -- The "Foam Plastics Market by Type (PU, PS, PO, Phenolic), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The foam plastics market is projected to grow from USD 51.3 billion in 2020 to USD 65.4 billion by 2025, at a CAGR of 4.8% between 2020 and 2025.

Growth of major end-use industries of foam plastics, high demand for foam plastics in APAC, and energy sustainability and energy conservation properties of foam plastics are the major factors driving the growth of the market.

Building & construction segment is projected to be the largest end use market of foam plastics.

The building & construction industry is expected to lead the overall foam plastics end use market, in terms of value, between 2020 and 2025. Building & construction applications include forging, doors, roof board, and slabs. The building & construction industry is also expected to witness the highest growth rate during the next five years, driven by huge investments in new infrastructure development, new housing projects, and renovation of non-residential buildings in the US, China, India, and Brazil.

Polyurethane resin is the fastest-growing segment of the foam plastics market.

PU resins are used to manufacture foams which are available in a wide range of rigidity, hardness, and density levels. Low-density flexible foams are used in upholstery, bedding, automotive and truck seating, and novel inorganic plant substrates for roof or wall gardens. Low-density rigid foams are used in thermal insulation and RTM cores. PU resin-based foams are mainly used in furniture & bedding and building & construction sectors. It is produced by many leading manufacturers. BASF provides foam plastics under brands such as Elastoflex, CosyPUR, Elastopor, Elastospray, Elastofoam, and Elastopir.

APAC is estimated to be the largest market for foam plastics during the forecast period.

APAC is projected to be the largest and the fastest-growing market for foam plastics during the forecast period. The region encompasses countries with different levels of economic development. The market growth in the region is mainly attributed to its high economic growth rate and heavy investments across industries, such as building & construction, packaging, furniture & bedding, automotive, footwear, and sports & recreational. The key foam plastics market players are expanding their production capacities in APAC, especially in China and India. The advantages of shifting production to APAC are the low cost of production and the ability to serve the local emerging market better.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights 4.1 Attractive Opportunities in the Foamed Plastic Resins Market 4.2 Foamed Plastic Resins Market Growth, by Resin Type 4.3 APAC: Foamed Plastic Resins Market Share, by End-Use Industry and Country 4.4 Foamed Plastic Resins Market: Major Countries 4.5 Foamed Plastic Resins Market: Developed Vs. Developing Countries

5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Growth of Major End-Use Industries of Foamed Plastic Resins 5.2.1.2 Energy Sustainability and Energy Conservation 5.2.2 Restraints 5.2.2.1 Volatility in Raw Material Prices 5.2.3 Opportunities 5.2.3.1 Investment in Emerging Markets 5.2.3.2 Growth Potential in Less Regulated Regions 5.2.4 Challenges 5.2.4.1 High Pricing Pressure 5.2.4.2 Stringent Regulations 5.2.4.3 Growing Demand for Bio-Based Polyols 5.3 Porter's Five Forces Analysis 5.3.1 Intensity of Competitive Rivalry 5.3.2 Bargaining Power of Buyers 5.3.3 Bargaining Power of Suppliers 5.3.4 Threat of Substitutes 5.3.5 Threat of New Entrants 5.4 Macroeconomic Overview and Key Trends 5.4.1 Introduction 5.4.2 Trends and Forecast of GDP 5.4.3 Trends and Forecast of Global Automotive Industry 5.4.4 Trends and Forecast of Global Construction Industry 5.5 COVID-19 Impact

6 Foamed Plastic Resins Market, by Type 6.1 Introduction 6.2 Polyurethane 6.2.1 Polyurethane to Lead the Foamed Plastic Resins Market 6.3 Polystyrene 6.3.1 Expanded Polystyrene Foam (EPS) 6.3.2 Extruded Polystyrene Foam (XPS) 6.4 Polyolefin 6.4.1 Polyethylene Foam (PE) 6.4.2 Polypropylene Foam (Pp) 6.4.3 Eva Foam 6.5 Phenolic 6.5.1 Phenolic Foamed Plastic Resins are Used in High-End Applications 6.6 Others 6.6.1 PVC 6.6.2 Melamine 6.6.3 Silicone 6.6.4 PVDF 6.6.5 Rubber

7 Foamed Plastic Resins Market, by End-Use Industry 7.1 Introduction 7.2 Building & Construction 7.2.1 Building & Construction to Lead the Foamed Plastic Resins Market 7.3 Packaging 7.3.1 Foamed Plastic Resins Such as PU, PS, and PO Mostly Used in Packaging 7.4 Automotive 7.4.1 Automotive is One of Fastest-Growing End Users of Foamed Plastic Resins 7.5 Furniture & Bedding 7.5.1 APAC is Largest and Fastest-Growing Market for Foamed Plastic Resins in Furniture & Bedding 7.6 Footwear, Sports & Recreational 7.6.1 Foamed Plastic Resins Used in Protective Guards, Life Jackets, Sports, Camping, and Trekking Mattresses 7.7 Others 7.7.1 Aviation & Aerospace 7.7.2 Wind Energy 7.7.3 Marine 7.7.4 Medical 7.7.5 Refrigeration

8 Foamed Plastic Resins Market, by Region 8.1 Introduction 8.2 North America 8.2.1 Us 8.2.1.1 Automotive Industry Driving the Demand for Foamed Plastic Resins 8.2.2 Canada 8.2.2.1 State-Of-The-Art Manufacturing Facilities and Excellent Infrastructure to Provide Growth Opportunities 8.2.3 Mexico 8.2.3.1 Mexico Attracting Key Market Players 8.3 Europe 8.3.1 Germany 8.3.1.1 Presence of Major Automobile Companies and Production Facilities to Boost the Demand 8.3.2 France 8.3.2.1 Growing Demand for Auto Parts and Packaging Materials to Drive the Market Growth 8.3.3 Italy 8.3.3.1 Footwear, Sports & Recreational Segment to Be Fastest-Growing Market in Italy 8.3.4 Poland 8.3.4.1 Growth in Construction Industry to Play an Important Role in Growth of Foamed Plastic Resins 8.3.5 Spain 8.3.5.1 Growth of Construction Industry to Propel the Demand for Foamed Plastic Resins 8.3.6 Russia 8.3.6.1 Government Investments for Modernizing and Expanding Infrastructure to Boost the Demand 8.3.7 Turkey 8.3.7.1 Presence of Key Automotive Players to Positively Influence the Foamed Plastic Resins Market 8.3.8 Rest of Europe 8.4 APAC 8.4.1 China 8.4.1.1 Expanding Automotive Sector, Improved Public Infrastructure, and Construction Sectors to Boost the Demand 8.4.2 Japan8.4.2.1 Foamed Plastic Resins Market in Japan is Mature and Estimated to Grow at a Moderate Rate8.4.3 India8.4.3.1 Availability of Resources, Rapid Economic Growth, Increasing Disposable Income, and Urbanization to Influence the Market8.4.4 South Korea8.4.4.1 Growth in Automotive Industry to Drive the Demand for Foamed Plastic Resins8.4.5 Malaysia8.4.5.1 Increase in Demand for Pu Resin-Based Foam in Renovation Activities of the Construction Sector to Drive the Market8.4.6 Indonesia8.4.6.1 High Growth in Building & Construction and Automotive Industries to Drive the Foamed Plastic Resins Market8.4.7 Thailand8.4.7.1 Strong Local Supply Chain, Efficient Infrastructure, and Strong Automobile Production to Drive the Demand for Foamed Plastic Resins8.4.8 Rest of APAC8.5 Middle East & Africa8.5.1 Saudi Arabia8.5.1.1 Increased Local Car Sales to Drive the Demand for Foamed Plastic Resins8.5.2 South Africa8.5.2.1 Growth of Various Manufacturing Industries to Positively Influence the Growth of the Foamed Plastic Resins Market8.5.3 Uae8.5.3.1 Building of New Resorts, Shopping Malls, and Other Ongoing Projects to Boost the Demand for Foamed Plastic Resins8.5.4 Rest of Middle East & Africa8.6 South America8.6.1 Brazil8.6.1.1 Expansion of Production Capacity, Established Distribution Channels, and Proximity to South American Countries to Propel the Market8.6.2 Argentina8.6.2.1 Growing Automobile Sector to Drive the Foamed Plastic Resins Market8.6.3 Chile8.6.3.1 Government Investment in End-Use Industries to Drive the Demand for Foamed Plastic Resins Market8.6.4 Rest of South America

9 Competitive Landscape9.1 Overview9.2 Competitive Scenario9.2.1 Mergers & Acquisitions9.2.2 New Product Launch9.2.3 Investment & Expansion9.2.4 Partnership & Agreement

10 Company Profiles10.1 Basf Se10.2 Covestro10.3 Huntsman International Llc10.4 The Dow Chemical Company10.5 Wanhua Chemical Group Co., Ltd.10.6 Hexion Inc.10.7 MCNS10.8 Sabic10.9 Shell International B.V.10.10 Total S.A.10.11 Alchemie Ltd.10.12 Cangzhou Dahua Group Co. Ltd.10.13 China Petrochemical Corporation (Sinopec Group)10.14 Kumho Mitsui Chemicals Corp.10.15 Kuwait Polyurethane Industries W.L.L.10.16 Lanxess10.17 LG Chem10.18 Lyondellbasell Industries Holdings B.V.10.19 Nova Chemicals Corporate10.20 Ravago Chemicals10.21 Repsol10.22 Stepan Company10.23 Taita Chemical Co., Ltd.10.24 Tosoh Corporation10.25 Webac-Chemie Gmbh10.26 Wuxi Xingda Group

For more information about this report visit https://www.researchandmarkets.com/r/e0cx2b

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