Quick Summary:
In the dynamic and swiftly evolving Technical Foams industry, understanding market trajectories is of paramount importance. Our latest research report, projecting the sector to surge to a worthy US$32.9 Billion by 2030, provides the in-depth analysis and forward-looking insight required to stay ahead of market trends in this competitive environment.
Covering key geographic areas—ranging from the US market, currently valued at $2.8 Billion, to emergent giants like China projecting a noteworthy CAGR of 20.6%—the report presents a comprehensive overview of the international landscape. Garner an essential understanding of the Flexible segment, projected to record 16.6% CAGR, and position your business for elite success in the global arena.
Rise above mere survival in the post-pandemic recovery period, and adapt to changing business landscapes with the thorough, actionable intelligence supplied by this report. Leveraging detailed market analysis allows for informed decision-making, enhancing your competitive edge.
Global Technical Foams Market to Reach $32.9 Billion by 2030
The global market for Technical Foams estimated at US$10.3 Billion in the year 2022, is projected to reach a revised size of US$32.9 Billion by 2030, growing at a CAGR of 15.6% over the analysis period 2022-2030. Flexible, one of the segments analyzed in the report, is projected to record 16.6% CAGR and reach US$18.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rigid segment is readjusted to a revised 14% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 20.6% CAGR
The Technical Foams market in the U.S. is estimated at US$2.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2030 trailing a CAGR of 20.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.8% and 13.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR.Select Competitors (Total 43 Featured) -
- Adient Plc
- American Foam Products Inc.
- Armacell International S.A.
- Basf SE
- Carpenter Sas (Subsidiary Of Carpenter Co.)
- Compagnie De Saint-Gobain S.A.
- Dow Inc.
- Eurofoam Group
- Foam Supplies, Inc.
- Foampartner Group
- Future Foam, Inc.
- Fxi Holdings, Inc.
- General Plastics Manufacturing Company
- Henkel Polybit Industries Ltd.
- Huntsman Corporation
- Inoac Corporation
- Lanxess AG
- Recticel NV/SA
- Rempac Foam Corporation
- Sekisui Chemical Co. Ltd.
- Sheela Foam Limited.
- The Woodbridge Group
- Trelleborg AB
- Ufp Technologies, Inc.
- Wanhua Chemical Group Co. Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Technical Foams?
What is the growth rate of the Global Market for Technical Foams?
What is the forecasted size of the Global Market for Technical Foams?
Who are the key companies in the Global Market for Technical Foams?
| Report Attribute | Details |
|---|---|
| No. of Pages | 94 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 10.3 Billion |
| Forecasted Market Value ( USD | $ 32.9 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Adient Plc
- American Foam Products Inc.
- Armacell International S.A.
- Basf SE
- Carpenter Sas (Subsidiary Of Carpenter Co.)
- Compagnie De Saint-Gobain S.A.
- Dow Inc.
- Eurofoam Group
- Foam Supplies, Inc.
- Foampartner Group
- Future Foam, Inc.
- Fxi Holdings, Inc.
- General Plastics Manufacturing Company
- Henkel Polybit Industries Ltd.
- Huntsman Corporation
- Inoac Corporation
- Lanxess AG
- Recticel NV/SA
- Rempac Foam Corporation
- Sekisui Chemical Co. Ltd.
- Sheela Foam Limited.
- The Woodbridge Group
- Trelleborg AB
- Ufp Technologies, Inc.
- Wanhua Chemical Group Co. Ltd.
