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

By Material;

Polyethylene, Polypropylene, Polystyrene, Polyurethane and Others.

By Industry;

Material Handling, Building & Construction, Automotive, Electrical & Electronics and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn102403140 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Structural Foam Market was valued at USD 35,337.38 million. The size of this market is expected to increase to USD 51,064.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

The global structural foam market is experiencing significant growth, driven by its extensive application across various industries including automotive, construction, packaging, and aerospace. Structural foam is a lightweight, yet strong material, produced by incorporating a blowing agent into a base polymer, creating a cellular core surrounded by solid outer layers. This unique structure offers an excellent balance of strength-to-weight ratio, making it an attractive alternative to traditional materials such as wood, metal, and solid plastics.

In the automotive industry, structural foam is increasingly utilized to reduce vehicle weight, contributing to improved fuel efficiency and reduced emissions. Its versatility and durability also make it an ideal choice for manufacturing components such as dashboards, door panels, and seating structures. In the construction sector, structural foam's insulating properties and resistance to moisture and chemicals enhance its application in insulation panels, roofing, and structural supports.

The packaging industry benefits from structural foam's lightweight nature, which reduces shipping costs and environmental impact, while providing robust protection for goods during transit. Additionally, the aerospace industry leverages structural foam for its high performance and lightweight characteristics, critical for manufacturing components that withstand extreme conditions while maintaining fuel efficiency.

Technological advancements in foam manufacturing processes, such as injection molding and extrusion, have further expanded the application scope of structural foam. These advancements have enabled the production of complex and precise components, enhancing the material's appeal across various sectors. As sustainability becomes a priority, the recyclability of structural foam and the development of bio-based foams are also gaining attention, aligning with global efforts to reduce environmental impact.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Industry
    3. Market Snapshot, By Region
  4. Global Structural Foam Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Cost-effective

        2. Thermal Insulation

        3. Automotive Growth

        4. Packaging Demand

      2. Restraints
        1. High Production Cost

        2. Environmental Concerns

        3. Fluctuating Raw Material Prices

        4. Competition from Alternatives

      3. Opportunities
        1. Green Materials

        2. Emerging Markets

        3. R&D Investments

        4. Industry Collaboration

    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 Structural Foam Market, By Material, 2021 - 2031 (USD Million)
      1. Polyethylene
      2. Polypropylene
      3. Polystyrene
      4. Polyurethane
      5. Others
    2. Global Structural Foam Market, By Industry, 2021 - 2031 (USD Million)
      1. Material Handling
      2. Building & Construction
      3. Automotive
      4. Electrical & Electronics
      5. Others
    3. Global Structural 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. Evonik Industries
      2. Saudi Basic Industries Corporation (SABCI)
      3. GI Plastek
      4. Oneplastics Group
      5. Armacell International S.A.
      6. BASF SE
      7. The DOW Chemical Company
      8. Bayer Material Science
      9. Diab Group
      10. Gurit Holding AG
      11. Mitsubishi Engineering-Plastics Corporation
      12. Changzhou Tiansheng New Materials Co., Ltd.
      13. Season Group International Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market