Global Foam Insulation Market is expected to reach USD 27,561.17 million by 2024 from USD 17,230.00 million in 2016, at a CAGR of 6.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Drivers: Global Foam Insulation Market
The major factors contributing to the growth of the market includes factors such as increasing research and development, greenhouse gas emissions, growth in end-use industry, increasing demand for energy-efficient equipment. On the other hand, high cost of foams may hinder the growth of the market.

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Market Segmentation: Global Foam Insulation Market
Global Foam Insulation Market is segmented on the basis of type,
product type, end-user and geography.
The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.
On the basis of product type, the global foam insulation market is segmented into
• polystyrene foam,
• polyurethane foam,
• polyisocyanurate foam,
• polyolefin foam,
• elastomeric foam
• and phenolic foam.
The global foam insulation market is segmented based on end user into four notable segments
• building & construction,
• transportation,
• consumer appliances
• and others.
The building & construction market segment is expected to dominate the market.
Based on geography, the market is segmented into 5 geographical regions-
• North America,
• Europe,
• Asia-Pacific,
• South America
• and Middle East and Africa..
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Some of the major players operating in this market are:-
• BASF SE,
• Covestro AG,
• Huntsman Corporation,
• Kingspan Group Plc,
• Lapolla Industries Inc.,
• Owens Corning,
• Saint-Gobain,
• The Dow Chemical Company,
• Recticel Group,
• Armacell International SA,
• Johns Manville,
• Demilec USA Inc.,
• Icynene and among others.
Key Points: The global foam insulation market
BASF SE is going to dominate the global foam insulation market following with SAINT-GOBAIN, The Dow Chemical Company and Covestro AG. Some of the other players are Huntsman Corporation, Kingspan Group Plc, Lapolla Industries, Inc., Owens Corning, Saint-Gobain, Recticel Group, Armacell International SA, Johns Manville, Demilec USA, Inc. and Icynene others among others.

• The global polystyrene foam market is expected to reach USD 11,125.32 million by 2024, from USD 7,326.08 million in 2016, growing at a CAGR of 5.5%.

• The building & construction is expected to dominate the foam insulation market with 48.5% market share, growing at a CAGR 5.7% in the forecast period 2017 to 2024

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