The technical foam market size is expected to see strong growth in the next few years. It will grow to $55.34 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to increasing demand for energy-efficient buildings, rising adoption of lightweight materials in transportation, expansion of electric vehicle manufacturing, growing focus on recyclable foam materials, increasing investments in advanced polymer foams. Major trends in the forecast period include increasing adoption of lightweight technical foam solutions, rising demand for acoustic and thermal insulation foams, growing use in electric vehicle components, expansion of customized foam applications, enhanced focus on material performance and durability.
Growing construction and infrastructure projects are expected to drive the growth of the technical foam market going forward. Construction and infrastructure projects involve the planning, building, maintenance, and management of infrastructure systems, services, and facilities, providing solutions to support economic growth and strategic development. In these projects, technical foams are used for thermal insulation, soundproofing, and as structural components, conforming to irregular surfaces and providing excellent sealing properties. For instance, in September 2023, the US Census Bureau reported that total construction spending reached a seasonally adjusted annual rate of $1.99 trillion, exceeding the revised August estimate of $1.98 trillion. Therefore, growing construction and infrastructure activities are fueling the technical foam market.
Major companies in the technical foam market are developing innovative solutions, such as water foam technology, to enhance performance, reduce environmental impact, and meet the evolving demands of various industries. Water foam technology produces foam using water as a primary component, minimizing the use of harmful chemicals and solvents. For example, in July 2023, CET Group Co., Ltd., a China-based OA industry manufacturer, launched an advanced water foam technology for lower fuser rollers, featuring a sponge-like design with a finer molecular structure that improves performance over traditional silicone rollers. The new roller has a NIP width of 15mm, 7mm wider than standard options, increasing efficiency and contact area. This technology enables rapid energy absorption and release, optimizing the fusing process while reducing energy consumption.
In May 2024, Zotefoams Plc, a UK-based manufacturer specializing in advanced technical foams, entered into a licensing and collaboration agreement with Shincell New Materials Co., Ltd. (China) to access proprietary foam technologies and expand production capabilities. Through this collaboration, Zotefoams aims to enhance its technical foam capabilities, particularly for high-performance and lightweight products, by integrating Shincell’s physical-foaming technologies. These technologies enable rapid and scalable nitrogen and CO₂ micro/nano-bubble foaming processes, simplifying and accelerating the development of new foam solutions. Shincell New Materials Co., Ltd. is a China-based materials company specializing in advanced foam technologies and innovative manufacturing processes.
Major companies operating in the technical foam market are BASF SE, Covestro AG (Covestro Aktiengesellschaft), Dow Inc. (Dow Incorporated), Huntsman Corporation, Recticel NV (Recticel Naamloze Vennootschap), Rogers Corporation, Armacell International S.A., Compagnie de Saint-Gobain S.A., Owens Corning, Kingspan Group plc, Evonik Industries AG (Evonik Industries Aktiengesellschaft), Zotefoams plc, Sekisui Chemical Co., Ltd., Trelleborg AB, FXI Holdings, Inc., UFP Technologies, Inc., JSP Corporation, Toray Industries, Inc., Woodbridge Group, Carlisle Companies Incorporated.
Asia-Pacific was the largest region in the technical foam market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the technical foam market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the technical foam market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The technical foam market consists of sales of hydrophilic foams, filter foams, and high-density foams. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
Executive Summary
Technical Foam Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses technical foam market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase::
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
- Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on end user analysis.
- Benchmark performance against key competitors based on market share, innovation, and brand strength.
- Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for technical foam? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The technical foam market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Product Form: Flexible; Rigid; Spray2) By Material Type: Polyethylene; Elastomeric; Polyurethane; Melamine; Phenolic; Ethyl Vinyl Acetate; Other Material Types
3) By End Users: Automotive and Transportation; Electrical and Electronics; Building and Construction; Medical; Sporting Equipment; Other End Users
Subsegments:
1) By Flexible: Polyurethane Foam; Polyethylene Foam; Ethylene-vinyl Acetate (EVA) Foam2) By Rigid: Polyurethane Rigid Foam; Polystyrene Foam; Phenolic Foam
3) By Spray: Closed-Cell Spray Foam; Open-Cell Spray Foam
Companies Mentioned: BASF SE; Covestro AG (Covestro Aktiengesellschaft); Dow Inc. (Dow Incorporated); Huntsman Corporation; Recticel NV (Recticel Naamloze Vennootschap); Rogers Corporation; Armacell International S.a.; Compagnie de Saint-Gobain S.a.; Owens Corning; Kingspan Group plc; Evonik Industries AG (Evonik Industries Aktiengesellschaft); Zotefoams plc; Sekisui Chemical Co., Ltd.; Trelleborg AB; FXI Holdings, Inc.; UFP Technologies, Inc.; JSP Corporation; Toray Industries, Inc.; Woodbridge Group; Carlisle Companies Incorporated
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Technical Foam market report include:- BASF SE
- Covestro AG (Covestro Aktiengesellschaft)
- Dow Inc. (Dow Incorporated)
- Huntsman Corporation
- Recticel NV (Recticel Naamloze Vennootschap)
- Rogers Corporation
- Armacell International S.A.
- Compagnie de Saint-Gobain S.A.
- Owens Corning
- Kingspan Group plc
- Evonik Industries AG (Evonik Industries Aktiengesellschaft)
- Zotefoams plc
- Sekisui Chemical Co., Ltd.
- Trelleborg AB
- FXI Holdings, Inc.
- UFP Technologies, Inc.
- JSP Corporation
- Toray Industries, Inc.
- Woodbridge Group
- Carlisle Companies Incorporated
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 41.61 Billion |
| Forecasted Market Value ( USD | $ 55.34 Billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 21 |


