Global Elastomeric Foam Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Function;

Thermal Insulation and Acoustic Insulation.

By Type;

NBR, Epdm, and Others.

By End-Use Industry;

Hvac, Heating & Plumbing, Refrigeration, Transportation, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn151062710 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Elastomeric Foam Market (USD Million), 2021 - 2031

In the year 2024, the Global Elastomeric Foam Market was valued at USD 2,787.15 million. The size of this market is expected to increase to USD 4,274.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The global elastomeric foam market is experiencing robust growth driven by increasing demand across various industries, including automotive, construction, and electronics. Elastomeric foams are versatile materials characterized by their elasticity, flexibility, and insulating properties. They are widely used for thermal and acoustic insulation, cushioning, and vibration damping. The rise in infrastructural development and technological advancements has fueled the demand for elastomeric foams, making them integral in modern applications.

In the automotive industry, elastomeric foams are used to enhance passenger comfort and safety. They are employed in seat cushions, headrests, and noise reduction materials. As the automotive sector transitions towards electric vehicles (EVs) and enhanced safety standards, the demand for elastomeric foams is expected to increase. These foams contribute to reducing vehicle weight and improving overall performance, aligning with the industry's shift towards sustainable and high-efficiency solutions.

The construction sector is another significant contributor to the market growth. Elastomeric foams are utilized in building insulation to improve energy efficiency and indoor comfort. Their application in HVAC systems, piping insulation, and building facades helps in minimizing energy consumption and maintaining temperature stability. With global emphasis on green building standards and energy-efficient constructions, the adoption of elastomeric foams is projected to rise.

Advancements in technology and innovation in elastomeric foam production are expanding market opportunities. The development of new formulations and production techniques enhances the performance and application scope of these foams. As industries seek more efficient and sustainable materials, elastomeric foams are positioned to play a crucial role in addressing these demands, driving the market's expansion and diversification.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Function
    2. Market Snapshot, By Type
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Global Elastomeric Foam Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising construction industry demand
        2. Growth in automotive applications
        3. Increasing insulation requirements
        4. Technological advancements in manufacturing
      2. Restraints
        1. High production costs
        2. Environmental impact concerns
        3. Raw material price fluctuations
        4. Regulatory compliance challenges
      3. Opportunities
        1. Expanding renewable energy sector
        2. Growth in consumer electronics
        3. Emerging markets demand
        4. Innovations in material science
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Elastomeric Foam Market, By Function, 2021 - 2031 (USD Million)
      1. Thermal Insulation
      2. Acoustic Insulation
    2. Global Elastomeric Foam Market, By Type, 2021 - 2031 (USD Million)
      1. NBR
      2. Epdm
      3. Others
    3. Global Elastomeric Foam Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Hvac
      2. Heating & Plumbing
      3. Refrigeration
      4. Transportation
      5. Others
    4. Global Elastomeric Foam Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Armacell International S.A
      2. Nitto Denko Corporation
      3. Owens Corning
      4. BASF SE
      5. Rogers Corporation
      6. Recticel
      7. Saint-Gobain
      8. DOW Chemical Company
      9. Kingspan Group
      10. U.S. Rubber Recycling
  7. Analyst Views
  8. Future Outlook of the Market