Rigid Foam Market Report 2025 (Global Edition)

Global Rigid Foam Market Report 2025 Market Size Split by Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Others), by End-Use Industry (Buil...

Rigid Foam Market Report Description

We have various report editions of Rigid Foam Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Rigid Foam Market Insights Video

Competitive Landscape of the Rigid foam Market

The competitive landscape of the rigid foam market is characterized by a broad range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized rigid foam companies, and emerging start-ups aiming to disrupt the market with creative techniques.

May 2023: Rogers Corporation announced the launch of PORON® AquaPro™ 37TS9, the latest material addition to the PORON® AquaPro™ polyurethane product portfolio. PORON AquaPro 37TS9 delivers the reliable water-sealing capabilities of the AquaPro 37 material family in an ultra-thin, self-adhesive form.

(Source: https://rogerscorp.com/news/2021/rogers-corporation-launches-ultra-thin-poron-aquapro-37ts9-formula)

Top Companies Market Share in Rigid Foam Industry: (In no particular order of Rank)

• BASF SE (Germany)
• The Dow Chemical Company (US)
• Huntsman Corporation (US.)
• Covestro AG (Germany)
• JSP Corporation (Japan)
• Borealis AG (Austria)
• Sealed Air Corporation (US.)
• Armacell International S.A (Luxembourg)
• Woodbridge Foam Corporation (US.)
• Zotefoams Plc (UK.)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Rigid foam Market

Which Region Dominates the Rigid Foam Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to stringent energy efficiency regulations and an increasing emphasis on endurable building practices, further expanding the adoption of rigid foam materials. The region's construction industry, conducted by residential, commercial, and industrial assignments, depends heavily on rigid foam for its outstanding insulation properties and structural help abilities.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the rigid foam market due to immediate industrialization, urbanization, and infrastructure expansion. As countries in the region undergo robust economic growth, there's an escalating need for insulation materials like rigid foam in the construction, automotive, and packaging sectors. With growing awareness about environmental preservation and the requirement for sustainable techniques, the Asia Pacific rigid foam market is poised for steady expansion in the foreseeable future.

 

The current report Scope analyzes Rigid Foam Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Rigid Foam

According to Cognitive Market Research, the global Rigid foam market size was estimated at USD 100258.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 40103.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the rigid foam market with a market size of USD 31641.49 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The nation's stringent government regulations amplify the demand.
• The Canada rigid foam market had a market share of USD 4812.39 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's robust consumer demand and a diverse range of applications to increased usage of rigid foam.
• The Mexico rigid foam market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 3649.40 million in 2024.

Europe Rigid Foam

According to Cognitive Market Research, the global rigid foam market size was estimated at USD 100258.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 30077.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• The United Kingdom's rigid foam market had a market share of USD 5053.01 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Rigid foam sales witness an upswing due to the nation's Innovations in materials and technologies.
• The France rigid foam market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 2767.13 million in 2024.
• According to Cognitive Market Research, the German rigid foam market size was valued at USD 5955.34 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, rigid foam sales surged due to the expansion of the e-commerce sector.
• The Italy rigid foam market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 2586.66 million in 2024.
• The Russian rigid foam market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 4662.01 million in 2024.
• The Spain rigid foam market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 2466.35 million in 2024
• The Luxembourg rigid foam market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 932.40 million in 2024.
• The Portugal rigid foam market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 631.63 million in 2024.
• The Greece rigid foam market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 360.93 million in 2024.
• Rest of Europe's rigid foam market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 4662.01 million in 2024.

Asia Pacific Rigid Foam

According to Cognitive Market Research, the global rigid foam market size was estimated at USD 100258.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 23059.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• According to Cognitive Market Research, the China rigid foam market size was valued at USD 10376.72 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Rigid foam sales surged in China due to their widespread usage across many industries, such as furniture, construction, packaging, electronics, aerospace, and medicine.
• The Japan rigid foam market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 3182.20 million in 2024.
• The India rigid foam market had a market share of USD 2767.13 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's government initiatives augment the demand to encourage the adoption of eco-friendly products.
• The South Korean rigid foam market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 2305.94 million in 2024.
• The Australian rigid foam market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 1199.09 million in 2024.
• The South East Asia rigid foam market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 1591.10 million in 2024.
• The Rest of the Asia Pacific rigid foam market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 1637.22 million in 2024.

South America Rigid Foam

According to Cognitive Market Research, the global rigid foam market size was estimated at USD 100258.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 5012.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil rigid foam market size was valued at USD 2145.53 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Rigid foam sales flourish in Brazil due to the rising advancement in technology.
• Argentina's rigid foam market had a market share of USD 842.17 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. The demand is augmented by Argentina's technological advancements in construction activities.
• Colombia's rigid foam market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 446.15 million in 2024.
• Peru rigid foam market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 411.06 million in 2024.
• Chile rigid foam market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD 360.93 million in 2024.
• The Rest of Latin America's rigid foam market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 807.08 million in 2024.

Middle East and Africa Rigid Foam

According to Cognitive Market Research, the global rigid foam market size was estimated at USD 100258.2 Million, out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 2005.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.

• The GCC Countries' rigid foam market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 858.21 million in 2024. Rigid foam sales flourish due to the increasing focus on comfort and convenience.
• Egypt rigid foam market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 210.54 million in 2024.
• The South African rigid foam market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 316.82 million in 2024. Rigid foam sales flourish in South Africa due to the rising trend of online shopping.
• The Turkey rigid foam market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 172.44 million in 2024.
• The Nigeria rigid foam market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 210.54 million in 2024.
• The Rest of MEA rigid foam market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 236.61 million in 2024.

Rigid Foam Market Analysis

Rigid Foam Market Type Segment Analysis

According to Cognitive Market Research, polyurethane (PU) stands out as the dominating category. PU rigid foam stands out for its outstanding insulation effects, lightweight nature, and versatility, making it a preferred choice across industries like construction, automotive, and packaging. With an increasing focus on energy efficiency and sustainability, PU rigid foam's ability to improve thermal insulation while decreasing environmental impact is an effective driver fuelling its requirement in the market.

Polypropylene (PP) emerges as the fastest-growing category in the rigid foam market due to its outstanding properties, such as lightweight, high chemical opposition, and low moisture absorption. PP-based rigid foam finds comprehensive applications in industries like automotive, packaging, and construction, where its insulation and structural effects are highly valued. The growing need for lightweight and energy-efficient materials in several sectors fuels the adoption of PP-based rigid foam, driving market growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Rigid Foam Industry. Request a Free Sample PDF!

According to Cognitive Market Research, the dominating category is building & construction due to its outstanding insulating properties and structural integrity. Builders increasingly opt for rigid foam insulation to improve energy efficiency and satisfy stringent building codes. Additionally, its lightweight nature decreases construction expenses and simplifies installation processes. As sustainability becomes paramount, rigid foam's capability to enhance building performance while decreasing environmental impact remains a substantial driver in the construction industry's adoption of this material.

The fastest-growing category in the rigid foam market is packaging. Rigid foam's lightweight yet durable properties make it ideal for protecting goods during transit, decreasing damage, and allowing product integrity. With rising e-commerce activities and an increasing emphasis on sustainable packaging techniques, the requirement for rigid foam in packaging is escalating. Manufacturers are innovating to design eco-friendly foam alternatives, further fueling expansion in this segment of the rigid foam market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion