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The report "Foam Insulation Market by Product Type (Polystyrene, Polyurethane & Polyisocyanurate, Polyolefin, Elastomeric, and Phenolic), End-use Industry (Building & Construction, Transportation, and Consumer Appliances), and Region - Global Forecast to 2021", The foam insulation market size was USD 17.58 Billion in 2016 and is projected to reach USD 22.39 Billion by 2021, at a CAGR of 4.95% from 2016 to 2021. The increasing demand for foam insulation from end-use industries, such as building & construction, transportation, and consumer appliances, is driving the foam insulation market.<br><br>
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Foam Insulation Market worth 22.39 Billion USD by 2021 The report "Foam Insulation Market by Product Type (Polystyrene, Polyurethane & Polyisocyanurate, Polyolefin, Elastomeric, and Phenolic), End-use Industry (Building & Construction, Transportation, and Consumer Appliances), and Region - Global Forecast to 2021", The foam insulation market size was USD 17.58 Billion in 2016 and is projected to reach USD 22.39 Billion by 2021, at a CAGR of 4.95% from 2016 to 2021. The increasing demand for foam insulation from end-use industries, such as building & construction, transportation, and consumer appliances, is driving the foam insulation market. View Full Report : https://www.marketsandmarkets.com/Market-Reports/foam-insulation-market-166726706.html
Introduction The market is driven by the increased demand from end-use industries, such as building & construction, transportation, and consumer appliances. Focus on the reduction of greenhouse gas emissions and strict government regulations on the construction of energy efficient buildings are expected to drive the demand for foam insulation. The major restraining factor for the market is the lack of awareness about the benefits of foam insulation. View Full Report : https://www.marketsandmarkets.com/Market-Reports/foam-insulation-market-166726706.html
Key Participants The key market players include BASF SE (Germany), Covestro AG (Germany), Huntsman International LLC (U.S.), Kingspan Group PLC (Republic of Ireland), Lapolla Industries, Inc. (U.S.), Owens Corning (U.S.), Recticel Group (Belgium), Saint-Gobain (France), the Dow Chemical Company (U.S.), Armacell International S.A. (Luxembourg), and Johns Manville (U.S.). Speak with Analyst View Full Report : https://www.marketsandmarkets.com/Market-Reports/foam-insulation-market-166726706.html
On The Basis Of Region: The Asia-Pacific region is estimated to account for the largest share of the global foam insulation market in 2016, in terms of value. Growing population and rapid industrialization in China, India, Indonesia, and Japan, accompanied by the rising demand for consumer appliances, contribute to the growth of the foam insulation market in this region. Stringent governmental regulations regarding the reduction of greenhouse gas emissions, also help drive the demand for foam insulation in this region. Download PDF View Full Report : https://www.marketsandmarkets.com/Market-Reports/foam-insulation-market-166726706.html
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