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

By Foam Type;

Polyurethane (PUR/PIR) Foam, Polystyrene Foam, Polypropylene Foams, Polyethylene Foam, Polyvinyl Chloride Foam, and Others.

By End Use Industry;

Building & Construction, Appliances, Packaging, Automotive, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn129952864 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Rigid Foam Market was valued at USD 61,653.85 million. The size of this market is expected to increase to USD 99,652.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.

Rigid foams are highly valued for their excellent insulating properties, lightweight nature, and structural strength, making them ideal for use in building insulation, vehicle components, and protective packaging materials. The demand for energy-efficient buildings and the growing emphasis on sustainable construction practices are key drivers propelling the market forward. Additionally, the automotive industry's increasing focus on lightweight materials to improve fuel efficiency and reduce emissions further boosts the demand for rigid foams.

Technological advancements and innovations in rigid foam manufacturing are also contributing to market growth. Manufacturers are developing new formulations and production techniques to enhance the performance and versatility of rigid foams, expanding their application scope. The rising awareness about the benefits of rigid foams in reducing energy consumption and greenhouse gas emissions is encouraging more industries to adopt these materials. The growing construction activities in emerging economies and the increasing investments in infrastructure development present lucrative opportunities for market expansion. As a result, the Global Rigid Foam Market is poised for continued growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Foam Type
    2. Market Snapshot, By End Use Industry
    3. Market Snapshot, By Region
  4. Global Rigid Foam Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising awareness of sustainable building practices
        2. High performance in extreme weather conditions
        3. Innovation in foam formulations and applications
        4. Increasing focus on reducing carbon footprints
      2. Restraints
        1. Health and safety concerns during production
        2. Limited awareness in emerging markets
        3. High energy consumption in manufacturing processes
      3. Opportunities
        1. Growth in the HVAC and refrigeration sectors
        2. Advancements in foam application techniques
        3. Rising demand for high-performance insulation
        4. Adoption of rigid foam in new sectors
    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 Rigid Foam Market, By Foam Type, 2021 - 2031 (USD Million)
      1. Polyurethane (PUR/PIR) Foam
      2. Polystyrene Foam
      3. Polypropylene Foams
      4. Polyethylene Foam
      5. Polyvinyl Chloride Foam
      6. Others
    2. Global Rigid Foam Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Building & Construction
      2. Appliances
      3. Packaging
      4. Automotive
      5. Others
    3. Global Rigid 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 Analysis
    1. Company Profiles
      1. DOW Chemical Company
      2. Huntsman Corporation
      3. Covestro AG
      4. JSP Corporation
      5. Roger Corporation
      6. Borealis AG
      7. Armacell International S.A.
      8. Sealed Air Corporation
  7. Analyst Views
  8. Future Outlook of the Market