Europe Foam Insulation Market, By Form (Spray, Flexible, Rigid, and Others), Application (Floors, Walls, Roofs, and Others), Type (Polystyrene Foam, Polyurethane Foam, Polyolefin Foam, Phenolic Foam, Elastomeric Foam, and Others), End-Use (Building And Construction, Consumer Appliance, Transport, and Others), Country (France, Germany, U.K., Ukraine, Italy, Russia, Netherlands, Austria, Spain, Turkey, Rest of Europe) Industry Trends and Forecast to 2028.
Europe foam insulation market is expected to reach from USD 4,960.11 million in 2020 to USD 7,831.28 million by the year 2028, growing at a steady CAGR of 5.9% in the forecast period of 2021 to 2028.
Foam insulation is an insulation procedure acting as air barrier for sealing walls, ceilings, floors, roofs, and other gaps and services on installation and renovation of residential and non-residential buildings. The foam insulating materials range from bulky fiber materials like fiberglass and rock wool to rigid foam boards of PUR/PIR, EPS, XPS, and many other types of foam. Insulation has a vast demand in the building & construction industry. It provides thermal insulation and minimizes air filtration in residential and non-residential buildings in energy-efficient ways. Foam insulation is also sprayed onto walls or into difficultto-reach places. Foam insulation isexpensive than polystyrene and fiberglass insulation, which are installed in sheets or blocks. Foam insulation is effective in places such as attics, unfinished walls, or ceilings.
Foam insulators are used in buildings or structures and also to fill in the gaps or cracks to reduce the rate of heat transfer and air filtration. A foam insulator is a barrier material used to seal the walls, ceilings, floor cavities, and areas around electrical outlets, switchboards, and walls where doors and windows meet. Foam insulation is the most widely used type of insulation and is categorized into polystyrene foam, polyurethane foam, polyolefin foam, phenolic foam, elastomeric foam, and others. Spray foam is the most common technique of getting foam insulation. Spray foams never lose their shape, unlike other conventional insulation chemicals or materials. However, foam insulation must be done with proper protective gear and equipment. This is because the chemicals used in foam insulation can be dangerous and pose serious health risks. Therefore, professionals must be hired for the job.
The advantages of foam insulation is that it reduces the air bridges or air leakages in the walls or windows and reduces the heat emission inside them, which on the other hand, improves the durability of buildings and minimizes the energy loss, and creates green buildings.
On the basis of material, the market is segmented into:
Stone Wool: Stone wool is used in building insulation systems as it provides an incredibly high effective insulation solution with heat and sound resistant properties.
Glass Wool: A glass wool is a material that is made up of fibers of glass used in building insulation. They have the high thermal insulating properties; it traps the air between the glasses.
PUR/PIR: Rigid polyurethane (PUR) and Polyisocyanurate (PIR) are used in building insulation; these solutions are low thermal conductivity having a high tensile strength.
XPS: XPS is also known as extruded polystyrene foam sheathing, which is mainly used in building insulation. They have high energy emission benefits. It is an advanced form of PUR/PIR.
EPS: EPS is also known as expanded polystyrene (EPS) foam which is used to withstand high load and pressure in the buildings, and they also have the capacity to absorb water.
Bio-Based: Bio-based insulation is an economic and environmentally friendly insulating material, it has the capability to store heat on a higher range and are produced with environment-friendly materials.
The growing renovation activities in Europe in the residential buildings and the increasing use of PU foams in doors and windows gap fillers act as drivers for the Europe foam insulation market. The environmental pollution caused due to landfilling of foams hinders the market's growth and acts as a restraint for the Europe foam insulation market. The bio-based & energy efficiency insulation acting as an opportunity for the development of the Europe foam insulation market because these help in enhancing the crosslinking density, improved biodegradability, antioxidant properties, thermal stability, and mechanical strength the final product. A highly fragmented market of raw materials leads to uneven price fluctuations that hamper the demand and, therefore, act as a challenge for the Europe foam insulation market.
This foam insulation market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal
Europe Foam Insulation Market Scope and Market Size
Europe foam insulation market is segmented into four notable segments based on form, application, type, and end-use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the Europe foam insulation market is segmented into spray, flexible, rigid, and others. In 2021, the flexible segment is expected to dominate the market due to the increasing building and construction industry.
- On the basis of application, the Europe foam insulation market is segmented into floors, walls, roofs, and others. In 2021, the floors segment is expected to dominate the market due to a Reduction in energy consumption by using foam insulation and its related cost.
- On the basis of type, the Europe foam insulation market is segmented into polystyrene foam, polyurethane foam, polyolefin foam, phenolic foam, elastomeric foam, and others. In 2021, the polyurethane foam segment is expected to dominate the market due to the increased use of polyurethane foams in building insulations for energy conservation.
- On the basis of end-use, the Europe foam insulation market is segmented into building and construction, consumer appliance, transport, and others. In 2021, the building & construction segment is expected to dominate the market due to the increasing use of foam insulation building and construction industry.
Europe foam insulation market is analyzed, and market size information is provided by form, application, type, and end-use.
The countries covered in the Europe foam insulation market report is France, Germany, the U.K., Ukraine, Italy, Russia, Netherlands, Austria, Spain, Turkey, Rest of Europe.
Germany is expected to dominate the market due to the growing renovation activities in Germany in the residential buildings. France market is growing by CAGR 7.0% in the forecast period of 2021 to 2028 due to the increase in the use of PU foam in the doors and windows gap fillers. U.K. growing by CAGR 6.3% in the forecast period of 2021 to 2028 due to growing use of foam insulation in transport and automobile industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand for Foam insulation
Europe foam insulation market also provides you with detailed market analysis for every countrys' growth in the industry with sales, components sales, the impact of technological development in foam insulation, and changes in regulatory scenarios with their support for the Europe foam insulation market. The data is available for the historical period 2010 to 2019.
Competitive Landscape and Europe Foam insulation Market Share Analysis
Europe foam insulation market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus associated with the Europe foam insulation market.
Some of the major players operating in the foam insulation market are Aerofoam USA, Glava, DuPont, Covestro AG, Johns Manville, IKO Industries Ltd., Knauf Insulation, BASF SE, Recticel NV/SA, UNILIN (A subsidiary of Mohawk Industries Inc.), Owens Corning, Armacell, Huntsman International LLC., SOPREMA, Bauder Ltd., and Trocellen GmbH among others.
Europe foam insulation market is fragmented, and the major players have used various strategies such as collaboration, recognition, agreements, and others to increase their footprints in the foam insulation market.
- In August 2021, Owens Corning launched PINK Next Gen Fiberglas insulation. Featuring advanced fiber technology, this superior insulation solution enables up to 23% faster installation compared to our existing products
- In May 2021, DuPont introduced a new version of its spray polyurethane foam insulation that is HFC-free