Foam Plastics Market Segmentation, Industry Analysis By Production, Consumption, Revenue And Growth Rate By 2028

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Shifting inclination among millennials towards outdoor recreational activities such as camping, hiking, trekking, and others is a key factor driving market revenue growth. Due to lightweight and flexible properties, foam plastics are extensively used to produce camping products that can be easily carried while hiking and used for camping etc. Also, foam plastics deliver exceptional heat insulation to camping sleep mats and bags, which are effective in providing warmth to users in outdoor environments and prevent incidents of hypothermia.

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The Global Foam Plastics Market research report is a detailed document outlining the recent advancements and developments in the Foam Plastics business sphere considering 2019 as the base year and 2021-2028 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

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Some Key Highlights From the Report

In July 2019, Huntington Solution announced acquisition of Texas Foam to increase its production of temperature-sensitive packaging materials for goods sold via e-Commerce channels.
By product type, polystyrene segment accounted for significantly large revenue share in 2020. Polystyrene-based foam plastic material is widely used in packaging and insulation. The material can be used as per requirement of specific applications, owing to its versatile strength. It also has high compressive strength and hence is widely used in heavy load bearing applications. In addition, lower compressive strength materials are extensively used in void forming applications.
By application, building construction segment accounted for significantly larger revenue share than other application segments in 2020. Foam plastics find extensive use in the building construction sector for soundproofing and heat insulation, among others. Also, these materials are used as dilatation tapes and placed at vertical obstacles such as walls to provide complete flooring insulation. Foam plastics are appropriate for filling gaps, provide roof flashing, eave sealing, and acts as a barrier against water and oil. In addition, these materials are used in expansion joints and offer noise control solutions for floor joists.

Companies in the market report include SABIC, Alchemie Ltd., BASF SE, Hexion Inc., Lanxess AG, Covestro AG, LyondellBasell Industries Holdings BV, Huntsman International LLC, LG Chem Ltd., and Tosoh Corporation.

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Emergen Research has segmented the global foam plastics market on the basis of product type, distribution channel, application, and region:

Product Type Outlook (Revenue, USD Billion; 2018–2028)
- Polystyrene
- Polyethylene
- Polyurethane
- Phenolic
- Polyolefin
- Silicone
- Polyvinyl Chloride
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
- Direct
- Indirect
Application Outlook (Revenue, USD Billion; 2018–2028)
- Packaging
- Building Construction
- Automotive
- Sports
- Footwear
- Aerospace
- Others
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
  1. S.
  2. Canada
  3. Mexico
- Europe
  1. Germany
  2. K.
  3. France
  4. Italy
  5. Spain
  6. Sweden
  7. BENELUX
  8. Rest of Europe
- Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Rest of APAC
- Latin America
  1. Brazil
  2. Rest of LATAM
- Middle East Africa
  1. Saudi Arabia
  2. UAE
  3. South Africa
  4. Israel
  5. Rest of MEA