+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia Pacific Polymer Foam Market Size, Share & Trends Analysis Report By Type (Polystyrene Foam, Polyurethane Foam, PVC Foam, Phenolic Foam, Polyolefin Foam, Melamine Foam, and Others), By Application, By Country and Growth Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 158 Pages
  • March 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953759
The Asia Pacific Polymer Foam Market would witness market growth of 7.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 20,281.0 million square meter, showcasing a growth of 6.8% (2019-2022).

Polyurethane foam is a versatile and widely used type of polymer foam in the polymer foam market. Known for its exceptional cushioning, insulation, and structural properties, polyurethane foam finds extensive applications across various industries. Thus, the China market utilized 549.9 million square meter Polyurethane foam in 2022.



The China market dominated the Asia Pacific Polymer Foam Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $24,782.8 million by 2030. The Japan market is exhibiting a CAGR of 6.8% during (2023 - 2030). Additionally, The India market would experience a CAGR of 8.1% during (2023 - 2030).

In the construction industry, polymer foams are used for thermal insulation in walls, roofs, and floors, helping improve energy efficiency and indoor comfort levels. Foams provide insulation and moisture resistance in roofing and flooring applications, enhancing building durability and longevity. Additionally, foams may be used as lightweight fillers or cores in composite structures, reducing weight and construction costs. For instance, as per the Agencia de Noticias of the Government of Brazil 2021, the Brazilian construction sector generated R$377.8 billion in value in 2021, with R$355.8 billion in works and services.

Polymer foams play a crucial role in the packaging sector. For instance, foams are molded into various shapes and sizes to cushion and protect fragile items during transportation and storage, minimizing damage and losses. Foams line shipping containers and packaging boxes to provide shock absorption and impact resistance, ensuring the safe delivery of goods. In addition, foams are used for temperature-sensitive products, providing thermal insulation and preserving product integrity during transit.

Similarly, polymer foams play a crucial role in enhancing safety features in vehicles by providing impact absorption and crash protection. The National Investment Promotion and Facilitation Agency states that the India’s automotive industry is worth more than $222 Bn and contributes 35% to Manufacturing GDP. The automobile industry produced 22.93 Mn vehicles, including passenger, commercial, three-wheelers, two-wheelers, and quadricycles, from April 2021 to March 2022. As the automotive industry in India expands, there is a growing demand for lightweight materials to improve fuel efficiency and reduce emissions. Polymer foams, known for their lightweight properties, have become increasingly attractive for automotive applications such as interior components, seating, and insulation. Hence, the increasing electronics industry and rising automotive sector in the region drive the market’s growth.

Based on Type, the market is segmented into Polystyrene Foam, Polyurethane Foam, PVC Foam, Phenolic Foam, Polyolefin Foam, Melamine Foam, and Others. Based on Application, the market is segmented into Building & Construction, Packaging, Furniture & Bedding, Automotive, Rail, Wind, Marine, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Arkema S.A.
  • BASF SE
  • Borealis AG (OMV)
  • Synthos S.A. (FTF Galleon S.A.)
  • DuPont de Nemours, Inc.
  • Trelleborg AB
  • Zotefoams plc
  • Sealed Air Corporation
  • Woodbridge Foam Corporation
  • Polymer Technologies, Inc.

Market Report Segmentation

By Type (Volume, Million Square Meter, USD Billion, 2019-2030)
  • Polystyrene Foam
  • Polyurethane Foam
  • PVC Foam
  • Phenolic Foam
  • Polyolefin Foam
  • Melamine Foam
  • Others
By Application (Volume, Million Square Meter, USD Billion, 2019-2030)
  • Building & Construction
  • Packaging
  • Furniture & Bedding
  • Automotive
  • Rail
  • Wind
  • Marine
  • Others
By Country (Volume, Million Square Meter, USD Billion, 2019-2030)
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Polymer Foam Market, by Type
1.4.2 Asia Pacific Polymer Foam Market, by Application
1.4.3 Asia Pacific Polymer Foam Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Polymer Foam Market by Type
4.1 Asia Pacific Polystyrene Foam Market by Country
4.2 Asia Pacific Polyurethane Foam Market by Country
4.3 Asia Pacific PVC Foam Market by Country
4.4 Asia Pacific Phenolic Foam Market by Country
4.5 Asia Pacific Polyolefin Foam Market by Country
4.6 Asia Pacific Melamine Foam Market by Country
4.7 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Polymer Foam Market by Application
5.1 Asia Pacific Building & Construction Market by Country
5.2 Asia Pacific Packaging Market by Country
5.3 Asia Pacific Furniture & Bedding Market by Country
5.4 Asia Pacific Automotive Market by Country
5.5 Asia Pacific Rail Market by Country
5.6 Asia Pacific Wind Market by Country
5.7 Asia Pacific Marine Market by Country
5.8 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Polymer Foam Market by Country
6.1 China Polymer Foam Market
6.1.1 China Polymer Foam Market by Type
6.1.2 China Polymer Foam Market by Application
6.2 Japan Polymer Foam Market
6.2.1 Japan Polymer Foam Market by Type
6.2.2 Japan Polymer Foam Market by Application
6.3 India Polymer Foam Market
6.3.1 India Polymer Foam Market by Type
6.3.2 India Polymer Foam Market by Application
6.4 South Korea Polymer Foam Market
6.4.1 South Korea Polymer Foam Market by Type
6.4.2 South Korea Polymer Foam Market by Application
6.5 Singapore Polymer Foam Market
6.5.1 Singapore Polymer Foam Market by Type
6.5.2 Singapore Polymer Foam Market by Application
6.6 Malaysia Polymer Foam Market
6.6.1 Malaysia Polymer Foam Market by Type
6.6.2 Malaysia Polymer Foam Market by Application
6.7 Rest of Asia Pacific Polymer Foam Market
6.7.1 Rest of Asia Pacific Polymer Foam Market by Type
6.7.2 Rest of Asia Pacific Polymer Foam Market by Application
Chapter 7. Company Profiles
7.1 Arkema S.A.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 SWOT Analysis
7.2 BASF SE
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Borealis AG (OMV)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Synthos S.A. (FTF Galleon S.A.)
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 DuPont de Nemours, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Trelleborg AB
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Zotefoams plc
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Sealed Air Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 SWOT Analysis
7.9 Woodbridge Foam Corporation
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Polymer Technologies, Inc.
7.10.1 Company Overview
7.10.2 SWOT Analysis

Companies Mentioned

  • Arkema S.A.
  • BASF SE
  • Borealis AG (OMV)
  • Synthos S.A. (FTF Galleon S.A.)
  • DuPont de Nemours, Inc.
  • Trelleborg AB
  • Zotefoams plc
  • Sealed Air Corporation
  • Woodbridge Foam Corporation
  • Polymer Technologies, Inc.

Methodology

Loading
LOADING...