Flexible Elastomeric Foam Market by Function, Type (Natural Rubber, NBR/PVC, EPDM, Chloroprene), End-Use Industry (HVAC, Automotive & Transportation, Solar Installations, Refrigeration Systems), and Region - Global Forecast to 2029
The global flexible elastomeric foam market is projected to grow from USD 2.8 billion in 2024 to USD 3.6 billion by 2029, at a CAGR of 4.8% during the forecast period. Flexible elastomeric foam is a closed cell elastomeric foam that is used for insulating plumbing, ductwork, chilled water, air conditioning, and refrigeration systems. These foams provide cushioning, and insulation in wide variety of industries including automotive & transportation, HVAC, refrigeration systems, and solar installations.
“Acoustic Insulation segment, by function, is estimated to account for the second largest share during the forecast period”
The acoustic insulation segment is projected to secure the second-largest share in the forecast period, primarily fueled by the rising demand for soundproofing solutions across multiple sectors including industrial, residential and commercial environments. Flexible elastomeric foams offer qualities like sound absorption and vibration dampening due to which the acoustic insulation segment, by function, is expected to grow along with the growth in population and urbanization.
“By foam type, Ethylene-Propylene Dine Monomer (EPDM) segment is accounted for the second largest share during the forecast period”
The Ethylene-Propylene Dine Monomer (EPDM) segment, by type, is projected to secure the second-largest share in the forecast period. The EPDM segment’s growth is fueled by the rise in the demand for energy efficient insulating material. The EPDM type of flexible elastomeric foams not only offer great temperature resistance, but they also offer great chemical resistance due to which their demand is increasing in multiple industries including construction industry, marine industry, as well as transportation and automotive industry.
“Automotive & Transportation segment, by end-use industry, is estimated to account for the second largest share during the forecast period”
The automotive & transportation segment, by end-use industry, is projected to secure the second-largest share in the forecast period. Flexible elastomeric foams are used in the automotive and transportation industry for multiple applications including gasketing, noise dampening, weather stripping, and cushioning. The growing production of automobiles, especially in developing nations is expected to boost the market for flexible elastomeric foam in the automotive and transportation industry.
“North America region is estimated to account for the second largest share during the forecast period”
North America is expected to be the second-largest market for flexible elastomeric foam. The US is among the key players in the region, which is driven by the rise in awareness levels regarding the importance of thermal and acoustic insulation. Furthermore, the market position of North America is further strengthened by the existence of major players in the region, such as ARMACELL and Aeroflex USA, Inc.
Profile break-up of primary participants for the report:
Research Coverage:
The report defines, segments, and projects the flexible elastomeric foam market based on foam type, function, end-use industry, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles, flexible elastomeric foam manufacturers and comprehensively analyses their market shares and core competencies as well as tracks and analyzes competitive developments, such as expansions, joint ventures, agreements, and acquisitions, undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the flexible elastomeric foam market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“Acoustic Insulation segment, by function, is estimated to account for the second largest share during the forecast period”
The acoustic insulation segment is projected to secure the second-largest share in the forecast period, primarily fueled by the rising demand for soundproofing solutions across multiple sectors including industrial, residential and commercial environments. Flexible elastomeric foams offer qualities like sound absorption and vibration dampening due to which the acoustic insulation segment, by function, is expected to grow along with the growth in population and urbanization.
“By foam type, Ethylene-Propylene Dine Monomer (EPDM) segment is accounted for the second largest share during the forecast period”
The Ethylene-Propylene Dine Monomer (EPDM) segment, by type, is projected to secure the second-largest share in the forecast period. The EPDM segment’s growth is fueled by the rise in the demand for energy efficient insulating material. The EPDM type of flexible elastomeric foams not only offer great temperature resistance, but they also offer great chemical resistance due to which their demand is increasing in multiple industries including construction industry, marine industry, as well as transportation and automotive industry.
“Automotive & Transportation segment, by end-use industry, is estimated to account for the second largest share during the forecast period”
The automotive & transportation segment, by end-use industry, is projected to secure the second-largest share in the forecast period. Flexible elastomeric foams are used in the automotive and transportation industry for multiple applications including gasketing, noise dampening, weather stripping, and cushioning. The growing production of automobiles, especially in developing nations is expected to boost the market for flexible elastomeric foam in the automotive and transportation industry.
“North America region is estimated to account for the second largest share during the forecast period”
North America is expected to be the second-largest market for flexible elastomeric foam. The US is among the key players in the region, which is driven by the rise in awareness levels regarding the importance of thermal and acoustic insulation. Furthermore, the market position of North America is further strengthened by the existence of major players in the region, such as ARMACELL and Aeroflex USA, Inc.
Profile break-up of primary participants for the report:
- By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
- By Designation: C-level– 25%, Director Level– 30%, and Others – 45%
- By Region: North America – 30%, Europe – 20%, Asia Pacific – 40%, Middle East & Africa – 7%, South America – 3%
Research Coverage:
The report defines, segments, and projects the flexible elastomeric foam market based on foam type, function, end-use industry, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles, flexible elastomeric foam manufacturers and comprehensively analyses their market shares and core competencies as well as tracks and analyzes competitive developments, such as expansions, joint ventures, agreements, and acquisitions, undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the flexible elastomeric foam market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Superior properties of flexible elastomeric foams, Growth in the end-use industries of flexible elastomeric foams), restraints (Lack of awareness about the benefits of insulation, Competition from Alternative Materials), opportunities (Stringent government regulations encouraging energy efficiency, Growing demand of insulation for energy-efficiency), and challenges (Difficulty in the disposal of flexible elastomeric foams) influencing the growth of the flexible elastomeric foam market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the flexible elastomeric foam market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the flexible elastomeric foam market across varied regions.
- Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the flexible elastomeric foam market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players such as ARMACELL (Luxembourg), Hira Industries LLC (UAE), L'ISOLANTE K-FLEX S.p.A. (Italy), JINAN RETEK INDUSTRIES INC(JINAN BESTAR INC) (China), and Boyd (US), KAIMANN (Germany), Huamei Energy-saving Technology Group Co., Ltd. (China), Aeroflex USA, Inc. (US), NMC sa (Belgium), ISIDEM INSULATION (Turkey), and others in the flexible elastomeric foam market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 COMPETITIVE INTELLIGENCE
1.3 MARKET DEFINITION
1.3.1 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKET SEGMENTATION
1.4.2 YEARS CONSIDERED
1.4.3 CURRENCY CONSIDERED
1.4.4 UNITS CONSIDERED
1.5 RESEARCH LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of interviews with experts
2.2 MATRIX CONSIDERED FOR DEMAND SIDE
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Calculations for supply-side analysis
2.4 GROWTH FORECAST
2.5 DATA TRIANGULATION
2.6 IMPACT OF RECESSION
2.6.1 KEY ASSUMPTIONS WHILE CALCULATING DEMAND-SIDE MARKET SIZE
2.6.2 RESEARCH LIMITATIONS
2.6.3 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FLEXIBLE ELASTOMERIC FOAM MARKET
4.2 FLEXIBLE ELASTOMERIC FOAM MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Superior properties of flexible elastomeric foams
5.2.1.2 Growth of several end-use industries
5.2.2 RESTRAINTS
5.2.2.1 Lack of awareness of benefits of insulation
5.2.2.2 Competition from alternative materials
5.2.3 OPPORTUNITIES
5.2.3.1 Growing demand for insulation for energy efficiency
5.2.3.2 Stringent government regulations encouraging energy efficiency
5.2.4 CHALLENGES
5.2.4.1 Difficulty in disposal
6 INDUSTRY TRENDS
6.1 SUPPLY CHAIN
6.2 ECOSYSTEM ANALYSIS
6.3 PORTER’S FIVE FORCES ANALYSIS
6.3.1 BARGAINING POWER OF SUPPLIERS
6.3.2 BARGAINING POWER OF BUYERS
6.3.3 THREAT OF NEW ENTRANTS
6.3.4 THREAT OF SUBSTITUTES
6.3.5 INTENSITY OF COMPETITIVE RIVALRY
6.4 KEY STAKEHOLDERS AND BUYING CRITERIA
6.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
6.4.2 BUYING CRITERIA
6.5 PRICING ANALYSIS
6.5.1 AVERAGE SELLING PRICE TREND OF FLEXIBLE ELASTOMERIC FOAM,
BY REGION, 2020–2023
6.5.2 AVERAGE SELLING PRICE TREND OF FLEXIBLE ELASTOMERIC FOAM,
BY NR AND NBR, 2023
6.5.3 AVERAGE SELLING PRICE TREND OF FLEXIBLE ELASTOMERIC FOAM,
BY KEY PLAYER, 2023
6.6 TARIFF AND REGULATORY LANDSCAPE
6.6.1 TARIFF DATA
6.6.2 REGULATORY LANDSCAPE
6.6.2.1 Regulatory bodies, government agencies, and other organizations
6.7 KEY CONFERENCES AND EVENTS, 2024–2025
6.8 PATENT ANALYSIS
6.8.1 METHODOLOGY
6.8.2 MAJOR PATENTS
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGIES
6.9.1.1 Bio-based foam
6.9.2 ADJACENT TECHNOLOGIES
6.9.2.1 Rigid polyurethane foam
6.10 TRADE ANALYSIS
6.10.1 IMPORT DATA (HS CODE 4002)
6.10.2 EXPORT DATA (HS CODE 4002)
6.11 CASE STUDY ANALYSIS
6.11.1 EMPIRE STATE BUILDING NEW YORK CITY, NY (US)
6.11.2 RELIABLE CONDENSATION CONTROL AND LONG-TERM ENERGY EFFICIENCY
6.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.13 IMPACT OF GENERATIVE AI ON FLEXIBLE ELASTOMERIC FOAM MARKET
6.13.1 INTRODUCTION
6.14 OVERVIEW OF IMPACT OF GENERATIVE AI
6.14.1 MATERIAL DESIGN AND DEVELOPMENT
6.14.2 MANUFACTURING PROCESS
6.14.3 QUALITY CONTROL AND TESTING
7 FLEXIBLE ELASTOMERIC FOAM MARKET, BY TYPE
7.1 INTRODUCTION
7.2 NATURAL RUBBER
7.2.1 HIGH RESILIENCE AND RESISTANCE TO COMPRESSION SET PROPERTY
7.3 NITRILE BUTADIENE RUBBER/POLYVINYL CHLORIDE (NBR/PVC)
7.3.1 HIGH TENSILE STRENGTH AND MORE DEMAND FOR BLEND
7.4 ETHYLENE PROPYLENE DINE MONOMER (EPDM)
7.4.1 INCREASING DEMAND FOR EPDM IN AUTOMOTIVE &
TRANSPORTATION INDUSTRY
7.5 CHLOROPRENE (CR)
7.5.1 GROWING DEMAND DUE TO OZONE RESISTANCE PROPERTY
7.6 OTHER TYPES
8 FLEXIBLE ELASTOMERIC FOAMS MARKET, BY FUNCTION
8.1 INTRODUCTION
8.2 THERMAL INSULATION
8.2.1 GROWING USE DUE TO LOW THERMAL CONDUCTIVITY, WATER VAPOR BARRIER PROPERTIES, AND FIRE RESISTANCE
8.3 ACOUSTIC INSULATION
8.3.1 HIGH DEMAND FOR ACOUSTIC INSULATION IN CONSTRUCTION INDUSTRY
9 FLEXIBLE ELASTOMERIC FOAM MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
9.2 HVAC
9.2.1 AIR CONDITIONERS
9.2.2 AIR DUCTS
9.2.3 WATER CHILLERS
9.2.4 OTHER END-USE INDUSTRIES
9.3 AUTOMOTIVE & TRANSPORTATION
9.3.1 GASKETING
9.3.2 NOISE DAMPENING
9.3.3 WEATHER STRIPPING
9.3.4 OTHERS
9.4 SOLAR INSTALLATIONS
9.4.1 PIPE INSULATION
9.5 REFRIGERATION SYSTEMS
9.5.1 CONTROL MOISTURE LEVEL
9.5.2 HOT PIPE INSULATION
9.5.3 CHILLED PIPE INSULATION
9.6 OTHER END-USE INDUSTRIES
10 FLEXIBLE ELASTOMERIC FOAM MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.1.1 Stringent government regulations and rising consumer awareness
of energy efficiency
10.2.2 CANADA
10.2.2.1 Rising awareness of energy-efficient buildings and increasing construction spending
10.2.3 MEXICO
10.2.3.1 Government collaboration with private sector infrastructure
projects driving construction industry
10.3 EUROPE
10.3.1 GERMANY
10.3.1.1 Presence of well-established automotive manufacturers
10.3.2 UK
10.3.2.1 Government regulations to enhance building energy consumption
10.3.3 FRANCE
10.3.3.1 Steadily growing construction industry requiring HVAC equipment
10.3.4 ITALY
10.3.4.1 Growing automotive sales
10.3.5 RUSSIA
10.3.5.1 Increasing spending in construction industry
10.3.6 SPAIN
10.3.6.1 Increasing number of automobile production plants
10.3.7 TURKEY
10.3.7.1 Rising demand for air conditioners
10.3.8 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.1.1 Growing demand in HVAC industry
10.4.2 JAPAN
10.4.2.1 Introduction of energy efficiency standards for new large buildings
10.4.3 INDIA
10.4.3.1 Growing demand due to government’s increasing construction spending
10.4.4 SOUTH KOREA
10.4.4.1 Increasing demand due to development of green buildings
10.4.5 INDONESIA
10.4.5.1 Rising population boosting market
10.4.6 THAILAND
10.4.6.1 One of the major automotive manufacturing hubs
10.4.7 TAIWAN
10.4.7.1 Rapidly growing construction sector
10.4.8 VIETNAM
10.4.8.1 Consistent shift toward energy efficiency
10.4.9 REST OF ASIA PACIFIC
10.5 MIDDLE EAST AND AFRICA
10.5.1 SAUDI ARABIA
10.5.1.1 Stringent energy efficiency regulations
10.5.2 SOUTH AFRICA
10.5.2.1 Growing infrastructural development activity
10.5.3 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
10.6.1 BRAZIL
10.6.1.1 Rapid development of construction industry
10.6.2 ARGENTINA
10.6.2.1 Gradual recovery of country’s economic condition
10.6.3 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTIONS
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN (2018–2024)
11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS (2018–2024)
11.3 REVENUE ANALYSIS, 2019–2023
11.4 REVENUE ANALYSIS OF TOP 5 PLAYERS
11.5 MARKET SHARE ANALYSIS
11.5.1 MARKET SHARE OF KEY PLAYERS
11.6 BRAND/PRODUCT COMPARISON
11.6.1 HT/ARMAFLEX S
11.6.2 AEROFOAM NBR
11.6.3 K-FLEX ECO ALU NET
11.6.4 AIR CONDITIONER INSULATION SHEET
11.6.5 EPDM FOAM
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.6 FUNCTION FOOTPRINT
11.7.7 END-USE INDUSTRY FOOTPRINT
11.7.8 REGION FOOTPRINT
11.8 COMPANY EVALUATION MATRIX: STARTUP/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.9 COMPETITIVE SCENARIO AND TRENDS
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 EXPANSIONS
12 COMPANY PROFILES
12.1 MAJOR PLAYERS
12.1.1 ARMACELL
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.3.1 Deals
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 HIRA INDUSTRIES LLC
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 MnM view
12.1.2.3.1 Key strengths
12.1.2.3.2 Strategic choices
12.1.2.3.3 Weaknesses and competitive threats
12.1.3 L'ISOLANTE K-FLEX S.P.A.
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent developments
12.1.3.3.1 Expansions
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 JINAN RETEK INDUSTRIES INC (JINAN BESTAR INC)
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 BOYD
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent developments
12.1.5.3.1 Deals
12.1.5.3.2 Expansions
12.1.5.4 MnM view
12.1.5.4.1 Key strengths
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses and competitive threats
12.1.6 KAIMANN
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.3.1 Product launches
12.1.7 HUAMEI ENERGY-SAVING TECHNOLOGY GROUP CO., LTD.
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.8 AEROFLEX USA, INC.
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.8.3 Recent developments
12.1.8.3.1 Product Launches
12.1.9 NMC SA
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.10 ISIDEM INSULATION
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.10.3 Recent developments
12.1.10.3.1 Expansions
12.1.11 ODE YALITIM A.S.
12.1.11.1 Business overview
12.1.11.2 Products/Solutions/Services offered
12.1.11.3 Recent developments
12.1.11.3.1 Product launches
12.1.11.3.2 Deals
12.1.12 ERA POLYMERS PTY LTD
12.1.12.1 Business overview
12.1.12.2 Products/Solutions/Services offered
12.1.13 MONMOUTH RUBBER & PLASTICS CORP.
12.1.13.1 Business overview
12.1.13.2 Products/Solutions/Services offered
12.2 OTHER KEY PLAYERS
12.2.1 KINGWELL WORLD INDUSTRIES, INC.
12.2.2 RECAA INSULATION SYSTEMS SDN. BHD.
12.2.3 CHINA IKING INDUSTRIAL GROUP CO., LTD
12.2.4 ROKA YALITIM
12.2.5 SECON RUBBER AND PLASTICS, INC.
12.2.6 ELASTOMER INDIA MFG. CO.
12.2.7 VEE VEE AGENCIES
13 ADJACENT AND RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 INTERCONNECTED MARKETS
13.4 BUILDING THERMAL INSULATION MARKET
13.4.1 MARKET DEFINITION
13.4.2 MARKET OVERVIEW
13.4.3 BUILDING THERMAL INSULATION MARKET, BY BUILDING TYPE
13.4.4 BUILDING THERMAL INSULATION MARKET, BY BUILDING TYPE
13.5 NON-RESIDENTIAL BUILDING
13.5.1 ROBUST MANUFACTURING AND INCREASE IN INDUSTRIAL ACTIVITIES
13.5.2 INDUSTRIAL BUILDINGS
13.5.3 COMMERCIAL BUILDINGS
13.5.4 OTHERS
13.6 RESIDENTIAL BUILDING
13.6.1 GROWING URBANIZATION AND GOVERNMENT REGULATIONS
ON ENERGY-EFFICIENT BUILDINGS
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 COMPETITIVE INTELLIGENCE
1.3 MARKET DEFINITION
1.3.1 INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 MARKET SEGMENTATION
1.4.2 YEARS CONSIDERED
1.4.3 CURRENCY CONSIDERED
1.4.4 UNITS CONSIDERED
1.5 RESEARCH LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of interviews with experts
2.2 MATRIX CONSIDERED FOR DEMAND SIDE
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Calculations for supply-side analysis
2.4 GROWTH FORECAST
2.5 DATA TRIANGULATION
2.6 IMPACT OF RECESSION
2.6.1 KEY ASSUMPTIONS WHILE CALCULATING DEMAND-SIDE MARKET SIZE
2.6.2 RESEARCH LIMITATIONS
2.6.3 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FLEXIBLE ELASTOMERIC FOAM MARKET
4.2 FLEXIBLE ELASTOMERIC FOAM MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Superior properties of flexible elastomeric foams
5.2.1.2 Growth of several end-use industries
5.2.2 RESTRAINTS
5.2.2.1 Lack of awareness of benefits of insulation
5.2.2.2 Competition from alternative materials
5.2.3 OPPORTUNITIES
5.2.3.1 Growing demand for insulation for energy efficiency
5.2.3.2 Stringent government regulations encouraging energy efficiency
5.2.4 CHALLENGES
5.2.4.1 Difficulty in disposal
6 INDUSTRY TRENDS
6.1 SUPPLY CHAIN
6.2 ECOSYSTEM ANALYSIS
6.3 PORTER’S FIVE FORCES ANALYSIS
6.3.1 BARGAINING POWER OF SUPPLIERS
6.3.2 BARGAINING POWER OF BUYERS
6.3.3 THREAT OF NEW ENTRANTS
6.3.4 THREAT OF SUBSTITUTES
6.3.5 INTENSITY OF COMPETITIVE RIVALRY
6.4 KEY STAKEHOLDERS AND BUYING CRITERIA
6.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
6.4.2 BUYING CRITERIA
6.5 PRICING ANALYSIS
6.5.1 AVERAGE SELLING PRICE TREND OF FLEXIBLE ELASTOMERIC FOAM,
BY REGION, 2020–2023
6.5.2 AVERAGE SELLING PRICE TREND OF FLEXIBLE ELASTOMERIC FOAM,
BY NR AND NBR, 2023
6.5.3 AVERAGE SELLING PRICE TREND OF FLEXIBLE ELASTOMERIC FOAM,
BY KEY PLAYER, 2023
6.6 TARIFF AND REGULATORY LANDSCAPE
6.6.1 TARIFF DATA
6.6.2 REGULATORY LANDSCAPE
6.6.2.1 Regulatory bodies, government agencies, and other organizations
6.7 KEY CONFERENCES AND EVENTS, 2024–2025
6.8 PATENT ANALYSIS
6.8.1 METHODOLOGY
6.8.2 MAJOR PATENTS
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGIES
6.9.1.1 Bio-based foam
6.9.2 ADJACENT TECHNOLOGIES
6.9.2.1 Rigid polyurethane foam
6.10 TRADE ANALYSIS
6.10.1 IMPORT DATA (HS CODE 4002)
6.10.2 EXPORT DATA (HS CODE 4002)
6.11 CASE STUDY ANALYSIS
6.11.1 EMPIRE STATE BUILDING NEW YORK CITY, NY (US)
6.11.2 RELIABLE CONDENSATION CONTROL AND LONG-TERM ENERGY EFFICIENCY
6.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.13 IMPACT OF GENERATIVE AI ON FLEXIBLE ELASTOMERIC FOAM MARKET
6.13.1 INTRODUCTION
6.14 OVERVIEW OF IMPACT OF GENERATIVE AI
6.14.1 MATERIAL DESIGN AND DEVELOPMENT
6.14.2 MANUFACTURING PROCESS
6.14.3 QUALITY CONTROL AND TESTING
7 FLEXIBLE ELASTOMERIC FOAM MARKET, BY TYPE
7.1 INTRODUCTION
7.2 NATURAL RUBBER
7.2.1 HIGH RESILIENCE AND RESISTANCE TO COMPRESSION SET PROPERTY
7.3 NITRILE BUTADIENE RUBBER/POLYVINYL CHLORIDE (NBR/PVC)
7.3.1 HIGH TENSILE STRENGTH AND MORE DEMAND FOR BLEND
7.4 ETHYLENE PROPYLENE DINE MONOMER (EPDM)
7.4.1 INCREASING DEMAND FOR EPDM IN AUTOMOTIVE &
TRANSPORTATION INDUSTRY
7.5 CHLOROPRENE (CR)
7.5.1 GROWING DEMAND DUE TO OZONE RESISTANCE PROPERTY
7.6 OTHER TYPES
8 FLEXIBLE ELASTOMERIC FOAMS MARKET, BY FUNCTION
8.1 INTRODUCTION
8.2 THERMAL INSULATION
8.2.1 GROWING USE DUE TO LOW THERMAL CONDUCTIVITY, WATER VAPOR BARRIER PROPERTIES, AND FIRE RESISTANCE
8.3 ACOUSTIC INSULATION
8.3.1 HIGH DEMAND FOR ACOUSTIC INSULATION IN CONSTRUCTION INDUSTRY
9 FLEXIBLE ELASTOMERIC FOAM MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
9.2 HVAC
9.2.1 AIR CONDITIONERS
9.2.2 AIR DUCTS
9.2.3 WATER CHILLERS
9.2.4 OTHER END-USE INDUSTRIES
9.3 AUTOMOTIVE & TRANSPORTATION
9.3.1 GASKETING
9.3.2 NOISE DAMPENING
9.3.3 WEATHER STRIPPING
9.3.4 OTHERS
9.4 SOLAR INSTALLATIONS
9.4.1 PIPE INSULATION
9.5 REFRIGERATION SYSTEMS
9.5.1 CONTROL MOISTURE LEVEL
9.5.2 HOT PIPE INSULATION
9.5.3 CHILLED PIPE INSULATION
9.6 OTHER END-USE INDUSTRIES
10 FLEXIBLE ELASTOMERIC FOAM MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.1.1 Stringent government regulations and rising consumer awareness
of energy efficiency
10.2.2 CANADA
10.2.2.1 Rising awareness of energy-efficient buildings and increasing construction spending
10.2.3 MEXICO
10.2.3.1 Government collaboration with private sector infrastructure
projects driving construction industry
10.3 EUROPE
10.3.1 GERMANY
10.3.1.1 Presence of well-established automotive manufacturers
10.3.2 UK
10.3.2.1 Government regulations to enhance building energy consumption
10.3.3 FRANCE
10.3.3.1 Steadily growing construction industry requiring HVAC equipment
10.3.4 ITALY
10.3.4.1 Growing automotive sales
10.3.5 RUSSIA
10.3.5.1 Increasing spending in construction industry
10.3.6 SPAIN
10.3.6.1 Increasing number of automobile production plants
10.3.7 TURKEY
10.3.7.1 Rising demand for air conditioners
10.3.8 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.1.1 Growing demand in HVAC industry
10.4.2 JAPAN
10.4.2.1 Introduction of energy efficiency standards for new large buildings
10.4.3 INDIA
10.4.3.1 Growing demand due to government’s increasing construction spending
10.4.4 SOUTH KOREA
10.4.4.1 Increasing demand due to development of green buildings
10.4.5 INDONESIA
10.4.5.1 Rising population boosting market
10.4.6 THAILAND
10.4.6.1 One of the major automotive manufacturing hubs
10.4.7 TAIWAN
10.4.7.1 Rapidly growing construction sector
10.4.8 VIETNAM
10.4.8.1 Consistent shift toward energy efficiency
10.4.9 REST OF ASIA PACIFIC
10.5 MIDDLE EAST AND AFRICA
10.5.1 SAUDI ARABIA
10.5.1.1 Stringent energy efficiency regulations
10.5.2 SOUTH AFRICA
10.5.2.1 Growing infrastructural development activity
10.5.3 REST OF MIDDLE EAST & AFRICA
10.6 SOUTH AMERICA
10.6.1 BRAZIL
10.6.1.1 Rapid development of construction industry
10.6.2 ARGENTINA
10.6.2.1 Gradual recovery of country’s economic condition
10.6.3 REST OF SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTIONS
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN (2018–2024)
11.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS (2018–2024)
11.3 REVENUE ANALYSIS, 2019–2023
11.4 REVENUE ANALYSIS OF TOP 5 PLAYERS
11.5 MARKET SHARE ANALYSIS
11.5.1 MARKET SHARE OF KEY PLAYERS
11.6 BRAND/PRODUCT COMPARISON
11.6.1 HT/ARMAFLEX S
11.6.2 AEROFOAM NBR
11.6.3 K-FLEX ECO ALU NET
11.6.4 AIR CONDITIONER INSULATION SHEET
11.6.5 EPDM FOAM
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.6 FUNCTION FOOTPRINT
11.7.7 END-USE INDUSTRY FOOTPRINT
11.7.8 REGION FOOTPRINT
11.8 COMPANY EVALUATION MATRIX: STARTUP/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.9 COMPETITIVE SCENARIO AND TRENDS
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 EXPANSIONS
12 COMPANY PROFILES
12.1 MAJOR PLAYERS
12.1.1 ARMACELL
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.3.1 Deals
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 HIRA INDUSTRIES LLC
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 MnM view
12.1.2.3.1 Key strengths
12.1.2.3.2 Strategic choices
12.1.2.3.3 Weaknesses and competitive threats
12.1.3 L'ISOLANTE K-FLEX S.P.A.
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent developments
12.1.3.3.1 Expansions
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 JINAN RETEK INDUSTRIES INC (JINAN BESTAR INC)
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 BOYD
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent developments
12.1.5.3.1 Deals
12.1.5.3.2 Expansions
12.1.5.4 MnM view
12.1.5.4.1 Key strengths
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses and competitive threats
12.1.6 KAIMANN
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.3.1 Product launches
12.1.7 HUAMEI ENERGY-SAVING TECHNOLOGY GROUP CO., LTD.
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.8 AEROFLEX USA, INC.
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.8.3 Recent developments
12.1.8.3.1 Product Launches
12.1.9 NMC SA
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.10 ISIDEM INSULATION
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.10.3 Recent developments
12.1.10.3.1 Expansions
12.1.11 ODE YALITIM A.S.
12.1.11.1 Business overview
12.1.11.2 Products/Solutions/Services offered
12.1.11.3 Recent developments
12.1.11.3.1 Product launches
12.1.11.3.2 Deals
12.1.12 ERA POLYMERS PTY LTD
12.1.12.1 Business overview
12.1.12.2 Products/Solutions/Services offered
12.1.13 MONMOUTH RUBBER & PLASTICS CORP.
12.1.13.1 Business overview
12.1.13.2 Products/Solutions/Services offered
12.2 OTHER KEY PLAYERS
12.2.1 KINGWELL WORLD INDUSTRIES, INC.
12.2.2 RECAA INSULATION SYSTEMS SDN. BHD.
12.2.3 CHINA IKING INDUSTRIAL GROUP CO., LTD
12.2.4 ROKA YALITIM
12.2.5 SECON RUBBER AND PLASTICS, INC.
12.2.6 ELASTOMER INDIA MFG. CO.
12.2.7 VEE VEE AGENCIES
13 ADJACENT AND RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 INTERCONNECTED MARKETS
13.4 BUILDING THERMAL INSULATION MARKET
13.4.1 MARKET DEFINITION
13.4.2 MARKET OVERVIEW
13.4.3 BUILDING THERMAL INSULATION MARKET, BY BUILDING TYPE
13.4.4 BUILDING THERMAL INSULATION MARKET, BY BUILDING TYPE
13.5 NON-RESIDENTIAL BUILDING
13.5.1 ROBUST MANUFACTURING AND INCREASE IN INDUSTRIAL ACTIVITIES
13.5.2 INDUSTRIAL BUILDINGS
13.5.3 COMMERCIAL BUILDINGS
13.5.4 OTHERS
13.6 RESIDENTIAL BUILDING
13.6.1 GROWING URBANIZATION AND GOVERNMENT REGULATIONS
ON ENERGY-EFFICIENT BUILDINGS
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
