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Global Compostable Particle Foam Market by Type (0.8MM, 1.05MM), By Application (Automotive, Logistics, Packaging, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-736
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 61
  • No. Of Pages: 205
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  • Pub. Date: 2021-03-01
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The Global Compostable Particle Foam Market size is estimated to reach $62.5 million by 2028 with an annual growth rate of 12%. The automotive segment accounted for the largest share in 2021, followed by logistics, packaging, and others. North America led the market in terms of revenue and is expected to maintain its dominance over the forecast period owing to a rise in disposable income levels coupled with an increase in awareness about sustainable practices.

 

Compostable Particle Foam is a new type of innovative packaging that creates an air-tight seal while being biodegradable. It does not use synthetic materials like the traditional polystyrene, which takes centuries to decompose and leaves a toxic residue behind in the water. Compostable foams are made from natural ingredients such as bamboo, soybean oil, or sugarcane, so they dissolve into the soil rather than pollute our waterways and harm animals or plants with chemicals during their journey through nature. This material also has high insulating qualities for food storage without using any petroleum products.

 

On the basis of Type, the market is segmented into 0.80 MM Foam and, 1.05MM Foam.

 

0.80 MM Foam:

Particle foam is a composite material that consists of small particles such as wood or paper, which are bonded together in an organic binder. The size of the particles varies from 0.80 mm to about 12 mm.

These types offer excellent acoustic insulation and have good resistance against impacts; they also provide high fire protection performance and can be used for many years with little appreciable change in properties but their capacity for sound absorption decreases over time

 

1.05MM Foam:

Compostable Particle Foam is a material that is made up of a multitude of small particles bonded together with an adhesive. This type of foam can be broken down by bacteria in less than six months, making it a more environmentally-friendly alternative to traditional polyurethane foams.

The larger particle size gives better thermal insulation properties (R-value) as well as noise reduction capabilities when compared to smaller particle sizes because the greater mass absorbs sound waves better while still providing good temperature control. In addition, they have superior water resistance because there is no open cell structure.

 

On the basis of Application, the market is segmented into Automotive, Logistics, Packaging, and Others.

 

Automotive:

Compostable Particle Foam is a type of foam that can degrade in the presence of bacteria and sunlight. It is typically used as an insulation material for automotive applications to reduce thermal conductivity, which also reduces fuel consumption by up to 15%. This makes it a popular product with organizations such as Ford Motor Company who are seeking ways to cut their carbon footprint while maintaining efficiency. Compostable particle foam will not become brittle or lose its shape when exposed to ultraviolet light like traditional foams do; making this material more durable than others on the market.

 

Logistics:

Compostable Particle Foam is used in logistics for packing and cushioning. It cushions loads during transit to prevent damage as well as provides form-fitting protection inside the item being shipped. Compostable particle foam also aids in creating a more uniform weight distribution, which reduces stress on vehicles or freight items while moving them around the warehouse. This can be especially helpful when handling delicate goods that could easily get damaged if dropped from too high of an area such as shelves or palettes onto concrete flooring.

 

Packaging:

Compostable particle foam is used in packaging. It can be produced with various types of fillers and additives to cater to the needs of specific applications like food, soaps, etc. The product can also be applied as a sealant to protect food items from moisture or oxygen.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific market is expected to show robust growth during the forecast period owing to growing awareness among consumers, which is triggering demand for environmentally friendly products.

The market in North America is also projected to exhibit an impressive CAGR over the forecast years due to the extensive usage of foam packaging and insulation material by automotive industry players. The European market is expected to grow at a relatively moderate rate over the forecast period owing to fluctuating policies and regulations.

The market in Latin America is anticipated to show average growth during the forecast years due to a rise in disposable income, increasing demand for packaging material from food & beverage industry players, as well as growing usage of foam insulation materials by automotive industries.

 

Growth Factors For The Global Compostable Particle Foam Market:

The global compostable particle foam market is anticipated to grow significantly in the next eight years. The major factor driving this growth include growing awareness about environmental sustainability and mounting government regulations for ensuring better recycling of post-consumer materials, such as recycled ABS plastic, polystyrene, and polypropylene foam.

These requirements are likely to fuel the adoption of new sustainable technologies that minimize waste generation while producing long-lasting products with improved levels of protection against fire or water damage. Furthermore, there is a notable shift towards eco-friendly packaging material which can be easily decomposed under various conditions. These factors will help provide an impetus to higher demand from end-users demanding greener products across industries such as logistics & manufacturing, the automotive industry, etc., over the forecast period.


 


Up Market Research published a new report titled “Compostable Particle Foam Market research report which is segmented by Types (0.8MM, 1.05MM), By Applications (Automotive, Logistics, Packaging, Others), By Players/Companies BASF, Green Cell Foam, Synprodo”.

 

Report Scope

Report Attributes Report Details
Report Title Compostable Particle Foam Market Research Report
By Type 0.8MM, 1.05MM
By Application Automotive, Logistics, Packaging, Others
By Companies BASF, Green Cell Foam, Synprodo
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 205
Number of Tables & Figures 144
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Compostable Particle Foam Industry Outlook
 

Global Compostable Particle Foam Market Report Segments:

The market is segmented by Type 0.8MM, 1.05MM and By Application Automotive, Logistics, Packaging, Others.

 

Some of the companies that are profiled in this report are:

  1. BASF
  2. Green Cell Foam
  3. Synprodo
 

Compostable Particle Foam Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Compostable Particle Foam Market
 

Overview of the regional outlook of the Compostable Particle Foam Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Compostable Particle Foam Market Overview
 

Highlights of The Compostable Particle Foam Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Compostable Particle Foam Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. 0.8MM

                2. 1.05MM

       7. By Application:

                1. Automotive

                2. Logistics

                3. Packaging

                4. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Compostable Particle Foam Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Compostable Particle Foam Market Statistics
 

Reasons to Purchase the Compostable Particle Foam Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compostable Particle Foam Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Compostable Particle Foam Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Compostable Particle Foam Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Compostable Particle Foam Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Compostable Particle Foam Market Size & Forecast, 2018-2028 
      4.5.1 Compostable Particle Foam Market Size and Y-o-Y Growth 
      4.5.2 Compostable Particle Foam Market Absolute $ Opportunity 


Chapter 5 Global Compostable Particle Foam Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Compostable Particle Foam Market Size Forecast by Type
      5.2.1 0.8MM
      5.2.2 1.05MM
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Compostable Particle Foam Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Compostable Particle Foam Market Size Forecast by Applications
      6.2.1 Automotive
      6.2.2 Logistics
      6.2.3 Packaging
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Compostable Particle Foam Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Compostable Particle Foam Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Compostable Particle Foam Analysis and Forecast
   9.1 Introduction
   9.2 North America Compostable Particle Foam Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Compostable Particle Foam Market Size Forecast by Type
      9.6.1 0.8MM
      9.6.2 1.05MM
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Compostable Particle Foam Market Size Forecast by Applications
      9.10.1 Automotive
      9.10.2 Logistics
      9.10.3 Packaging
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Compostable Particle Foam Analysis and Forecast
   10.1 Introduction
   10.2 Europe Compostable Particle Foam Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Compostable Particle Foam Market Size Forecast by Type
      10.6.1 0.8MM
      10.6.2 1.05MM
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Compostable Particle Foam Market Size Forecast by Applications
      10.10.1 Automotive
      10.10.2 Logistics
      10.10.3 Packaging
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Compostable Particle Foam Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Compostable Particle Foam Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Compostable Particle Foam Market Size Forecast by Type
      11.6.1 0.8MM
      11.6.2 1.05MM
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Compostable Particle Foam Market Size Forecast by Applications
      11.10.1 Automotive
      11.10.2 Logistics
      11.10.3 Packaging
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Compostable Particle Foam Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Compostable Particle Foam Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Compostable Particle Foam Market Size Forecast by Type
      12.6.1 0.8MM
      12.6.2 1.05MM
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Compostable Particle Foam Market Size Forecast by Applications
      12.10.1 Automotive
      12.10.2 Logistics
      12.10.3 Packaging
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Compostable Particle Foam Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Compostable Particle Foam Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Compostable Particle Foam Market Size Forecast by Type
      13.6.1 0.8MM
      13.6.2 1.05MM
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Compostable Particle Foam Market Size Forecast by Applications
      13.10.1 Automotive
      13.10.2 Logistics
      13.10.3 Packaging
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Compostable Particle Foam Market: Competitive Dashboard
   14.2 Global Compostable Particle Foam Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 BASF
      14.3.2 Green Cell Foam
      14.3.3 Synprodo
Segments Covered in the Report
The global Compostable Particle Foam market has been segmented based on

By Types
  • 0.8MM
  • 1.05MM
By Applications
  • Automotive
  • Logistics
  • Packaging
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • BASF
  • Green Cell Foam
  • Synprodo

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