In 2015, the global high heat foam market was valued at USD 7.40 million. The market is expected to grow due to rising demand for high heat foam in automotive and industrial applications, especially in developing countries like India and Brazil.
Industry growth is expected to be driven by rising awareness about the environmental benefits of heat foam insulation, and reductions in energy consumption from industries.
Foam's insulation property and energy efficiency, combined with regulations, will likely increase its use in many industries, including automotive, aerospace, and locomotive.
High-temperature foams stop heat from entering an insulated space and escaping. This reduces energy consumption. Foam insulation in automobiles can reduce heat entering and exiting the vehicle's interior.
Incentives have been introduced by governments in the U.S. to encourage insulation use. This reduces energy consumption and helps to balance out the power generation supply-demand gap.
The market for high heat foams has been divided into three main categories: product, application, region. High heat foams can be divided into polyimide (melamine), polyethylene, and silicone depending on the product. Other raw materials, such as polystyrene, can also be used to make high heat foams.
High heat foams can be divided into four categories based on their application: automotive, locomotives, industrial, and aerospace. Because of their excellent qualities, including high resistance to volatility and flexibility, these products can be used in a variety of applications. The construction industry uses heat foams to provide more consistent temperatures in buildings. This creates a more comfortable environment for occupants when temperatures outside are extreme cold or high. These foams can also reduce vibration and noise and help to limit the carbon footprint.
The global high heat foams market is expected to grow due to rising demand from aerospace and automotive industries for high heat foams. The market for high heat foams is expected to grow over the forecast period due to rising automotive demand and increasing need for lightweight vehicles. The high heat foams market will continue to grow due to the need for fuel-efficient cars and government regulations about automotive pollution.
Silicone was the most popular product segment in 2015. It is expected to grow at a 5.3% CAGR from 2016 to 2024. Silicon high heat foams, which are made from silicon, are used extensively in North America to resist fire and prevent the spread of smoke between rooms.
In 2015, 11.9% of the market was dominated by melamine high heat foams. In 2015, 11.9% of the market was dominated by melamine high heat foams.
In 2015, the Polyimide High Heat Foam Market accounted for USD 1,295.5 Million. Market growth is expected to be driven by benefits such as lightweight and superior fire resistance.
The automotive industry is likely to see a significant increase in high heat foam demand at a CAGR 5.3% between 2016 and 2024. Because of its energy-saving advantages, high heat foam is used extensively in the automotive industry as insulation. Internal combustion causes engines to produce more heat during their combustion cycle. These factors can have a negative effect on heat-sensitive modules such as sensors, starter motors and batteries. These modules are protected from heat by high heat foams. High-performance cars often use high heat foams inside their interiors to improve the engine's performance.
The highest-temperature foams market was 341 kilotons in 2015. It is expected to grow at a 5.5% CAGR from 2016 to 2024. This high growth could be due to the growing urbanization in developing nations and the increasing demand for redevelopment projects in construction.
In 2015, the aerospace market saw a high demand for heat foams. It was worth USD 1,155.5 millions. Due to the rising demand for insulation that can withstand extreme environmental conditions, polyimide products are being used in aerospace.
Asia Pacific high heat foams dominated the global market and accounted for more than 40% of global demand in 2015. Over the next eight year, product demand will be driven by the growing automotive industry in Japan and South Korea, China, India, India, and South Korea.
The North American high heat foam market surpassed 250 kilotons by 2015 and is projected to continue its stagnant growth during the forecast period. The region's high product demand may be due to the growing use of heat foam in many applications, including aerospace and industrial.
Intec Foams, Sabic, UBE Industries, Ltd., Sinoyqx, Armacell International S.A., Evonik Industries, Puren Gmbh, Wacker Chemie AG, Rogers Corporation are the major players in the global high-heat foams market. To increase market penetration, market players are using a variety of strategies.
Ube Industries' Upilex foam BF303 series was launched by the company. This open-cell foam provides high heat and cryogenic resistance, low flammability, and outgassing. It is widely used in industries and aerospace.
Up Market Research published a new report titled “High Heat Foam Market research report which is segmented by Product (Silicone, Melamine, Polyethylene, Polyimide), by Application (Locomotive, Industrial, Automotive, Aerospace), By Players/Companies Armacell International SA, Evonik Industries, Sabic, Wacker Chemie AG, Intec Foams, Ltd, UBE Industries, BASF SE, Sinoyqx, Puren Gmbh, Rogers Corporation Companies in the market are adopting various strategies such as new product development to increase market penetration”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | High Heat Foam Market Research Report |
By Product | Silicone, Melamine, Polyethylene, Polyimide |
By Application | Locomotive, Industrial, Automotive, Aerospace |
By Companies | Armacell International SA, Evonik Industries, Sabic, Wacker Chemie AG, Intec Foams, Ltd, UBE Industries, BASF SE, Sinoyqx, Puren Gmbh, Rogers Corporation Companies in the market are adopting various strategies such as new product development to increase market penetration |
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 | 239 |
Number of Tables & Figures | 168 |
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.
The market is segmented by Product (Silicone, Melamine, Polyethylene, Polyimide), by Application (Locomotive, Industrial, Automotive, Aerospace).
High Heat 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:
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.
We have studied the High Heat 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.
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