Elastomeric Foam Market by Type (Natural Rubber/Latex, Synthetic Rubber (Nitrile-Butadiene Rubber, Ethylene-Propylene Diamine Monomer, Chloroprene)), End-Use Industry (HVAC, Automotive, Electrical & Electronics), and Region - Global Forecast to 2023

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Date: 12-Jul-2018
No. of pages: 119
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“Superior properties of elastomeric foam as an insulation material and significant growth of the end-use industries of elastomeric foam, including HVAC are the factors driving the elastomeric foam market.”

The global elastomeric foam market is estimated at USD 1.28 billion in 2018 and is projected to reach USD 1.75 billion by 2023, at a CAGR of 6.5% between 2018 and 2023. The market is witnessing growth due to the excellent properties of elastomeric foam that make it suitable for use as an insulation material. The factors such as the increasing use of elastomeric foam in various applications in the industries such as automotive, healthcare, electrical & electronics, and others that include consumer goods and industrial goods and many favorable initiatives encouraging energy efficiency undertaken by the governments in many countries offer lucrative opportunities for the growth of the elastomeric foam market. However, a lack of awareness about the benefits of insulation in commercial and institutional buildings and thus, a comparatively lesser usage of insulation as compared with what it actually should be is the major factor restraining the growth of the market.

“HVAC: The fastest-growing segment of the elastomeric foam market, by end-use industry.”

HVAC is projected to be the fastest-growing end-use industry of elastomeric foam during the forecast period. The increased demand from the HVAC industry is attributed to the growing use of elastomeric foam as an insulation material in HVAC systems.

“APAC: The fastest-growing market for elastomeric foam, by region.”

The APAC region is projected to be the fastest-growing market for elastomeric foam during the forecast period. The growth of the elastomeric foam market in this region is growing due to the rapid growth of the building & construction industry, thereby, requiring the installation of new HVAC systems, which in turn, drives the demand of elastomeric foam in APAC.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into three categories, namely, by company, by designation, and by region.


  • By Company Type: Tier 1- 50%, Tier 2- 33%, and Tier 3-17%

  • By Designation: C Level- 17%, Director Level- 33%, and Others- 50%

  • By Region: North America - 25%, APAC - 38%, Europe- 25%, and Middle East & Africa – 12%


The report also provides company profiles and competitive strategies adopted by major market players such as Armacell (Germany), Hira Industries (UAE), Zotefoams (UK), L'ISOLANTE K-FLEX. (Italy), Kaimann (Germany), Huamei Energy-saving Technology Group (China), Jinan Retek Industries (China), Aeroflex USA, (US), NMC SA (Belgium), and Anavid (Israel).

Research Coverage:

The report covers the elastomeric foam market and its applications across different industry verticals and regions. It aims at estimating the market size and growth potential of this market across different segments, such as type and end-use industry. The report also includes an in-depth competitive analysis of the key market players along with their company profiles.

Reasons To Buy This Report:

From an insight perspective, this research report focuses on various levels of analysis—industry analysis (industry trends) and company profiles, competitive landscape; emerging and high-growth segments of the elastomeric foam market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on elastomeric foam offered by the top players in the global elastomeric foam market

  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the global elastomeric foam market

  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for elastomeric foam across regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global elastomeric foam market

  • Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the leading players in the global elastomeric foam market

Elastomeric Foam Market by Type (Natural Rubber/Latex, Synthetic Rubber (Nitrile-Butadiene Rubber, Ethylene-Propylene Diamine Monomer, Chloroprene)), End-Use Industry (HVAC, Automotive, Electrical & Electronics), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

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 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Elastomeric Foam Market Attractiveness
4.2 Elastomeric Foam Market, By Region
4.3 Elastomeric Foam Market, Bytype
4.4 Synthetic Elastomeric Foam Market in APAC , By Type and Country
4.5 Elastomeric Foam Market, Regional Share

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Superior Properties of Elastomeric Foams
5.2.1.2 Growth in the End-Use Industries of Elastomeric Foams
5.2.2 Restraints
5.2.2.1 Lack of Awareness About the Benefits of Insulation
5.2.3 Opportunities
5.2.3.1 Growing Opportunities in the Healthcare Sector
5.2.3.2 Stringent Government Regulations Encouraging Energy Efficiency
5.2.4 Challenges
5.2.4.1 Difficulty in the Disposal of Elastomeric Foams
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Bargaining Power of Suppliers
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview and Trends
5.4.1 Introduction
5.4.2 Construction Contribution to GDP
5.4.3 Trends of the Automotive Industry

6 Elastomeric Foam Market, By Type
6.1 Introduction
6.2 Natural Rubber/ Latex
6.3 Synthetic Rubber
6.3.1 Nitrile Butadiene Rubber (NBR)
6.3.2 Ethylene Propylene Dine Monomer (EPDM)
6.3.3 Chloroprene (CR)
6.3.4 Others

7 Elastomeric Foam Market: By End-Use Industry
7.1 Introduction
7.2 HVAC
7.3 Automotive
7.4 Electrical & Electronics
7.5 Others

8 Elastomeric Foammarket, By Region
8.1 Introduction
8.2 APAC
8.2.1 China
8.2.2 Japan
8.2.3 India
8.2.4 South Korea
8.2.5 Rest of APAC
8.3 North America
8.3.1 US
8.3.2 Canada
8.3.3 Mexico
8.4 Europe
8.4.1 Germany
8.4.2 UK
8.4.3 France
8.4.4 Italy
8.4.5 Russia
8.4.6 Rest of Europe
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Iran
8.6.3 South Africa
8.6.4 Rest of Middle East & Africa

9 Competitive Landscape
9.1 Overview
9.2 Market Ranking Analysis
9.3 Competitive Situation & Trends
9.3.1 Expansions
9.3.2 Acquisitions
9.3.3 New Product Launches
9.3.4 Joint Ventures and Agreements

10 Company Profiles
Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View
10.1 Armacell International S.A.
10.2 Hira Industries
10.3 Zotefoams PLC.
10.4 L'isolante K-Flex S.P.A.
10.5 Kaimann GmbH
10.6 Huamei Energy-Saving Technology Group Co.,Ltd
10.7 Jinan Retek Industries Inc
10.8 Aeroflex USA, Inc.
10.9 NMC SA
10.10 Anavid
10.11 Additional Company Profiles
10.11.1 Roka Yalitim
10.11.2 Rubberlite, Inc.
10.11.3 Rogers Foam Corporation
10.11.4 Rogers Corporation
10.11.5 ODE Insulation
10.11.6 Kingwell World Industries, Inc
10.11.7 Recaa Insulation Systems Sdn. Bhd.
10.11.8 ERA Polymers
10.11.9 Merryweather Foam, Inc.
10.11.10 Grando
10.11.11 Sekisui Plastics Co. Ltd.
10.11.12 China Ining Industrial Group Co., Ltd

*Details Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets Subscription Portal
11.3 Introducing RT: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details

List of Tables

Table 1 Trends and Forecast of Construction Industry, By Country, 2014–2021 (USD Billion)
Table 2 Automotive Production Data 2017 (By Country)
Table 3 Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 4 Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 5 Natural Rubber Market Size for Elastomeric Foam, By Region, 2016–2023 (USD Million)
Table 6 Natural Rubber Market Size for Elastomeric Foam, By Region, 2016–2023 (Kiloton)
Table 7 NBR Elastomeric Foam Market Size, By Region, 2016–2023 (USD Million)
Table 8 NBR Elastomeric Foam Market Size, By Region, 2016–2023 (Kiloton)
Table 9 EPDM Elastomeric Foam Market Size, By Region, 2016–2023, (USD Million)
Table 10 EPDM Elastomeric Foam Market Size, By Region, 2016–2023, (Kiloton)
Table 11 CR Elastomeric Foam Market Size, By Region, 2016–2023, (USD Million)
Table 12 CR Elastomeric Foam Market Size, By Region, 2016–2023, (Kiloton)
Table 13 Other Elastomeric Foam Market Size, By Region, 2016–2023 (USD Million)
Table 14 Other Elastomeric Foam Market Size, By Region, 2016–2023 (Kiloton)
Table 15 Elastomeric Foam Market Size, By End-Use Industry, 2016-2023 (USD Million)
Table 16 Elastomeric Foam Market Size in HVAC End-Use Industry, By Region, 2016–2023 (USD Million)
Table 17 Elastomeric Foam Market Size in Automotive End-Use Industry, By Region, 2016–2023 (USD Million)
Table 18 Elastomeric Foam Market Size in Electrical & Electronics End-Use Industry, By Region, 2016–2023 (USD Million)
Table 19 Elastomeric Foam Market Size in Other End-Use Industries, By Region, 2016–2023 (USD Million)
Table 20 Elastomeric Foam Market Size, By Region, 2016–2023 (USD Million)
Table 21 Elastomeric Foam Market Size, By Region, 2016–2023 (Kiloton)
Table 22 APAC: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 23 APAC: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 24 APAC: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 25 APAC: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 26 APAC: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023(USD Million)
Table 27 China: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 28 Japan:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 29 India: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 30 South Korea: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 31 Rest of APAC:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 32 North America: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 33 North America: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 34 North America: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 35 North America: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 36 North America: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 37 US:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 38 Canada:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 39 Mexico:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 40 Europe: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 41 Europe: Elastomeric Foam Market Size, By Country, 2015–2022(Kiloton)
Table 42 Europe: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 43 Europe: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 44 Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 45 Germany:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 46 UK:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 47 France:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 48 Italy:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 49 Russia:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 50 Rest of Europe:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 51 South America: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 52 South America: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 53 South America: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 54 South America: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 55 South America: Elastomeric Foam Market Size, By Type, 2016–2023 (Kiloton)
Table 56 Brazil: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 57 Argentina: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 58 Rest of South America:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 59 Middle East & Africa: Elastomeric Foam Market Size, By Country, 2016–2023 (USD Million)
Table 60 Middle East & Africa: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 61 Middle East & Africa: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 62 Middle East & Africa: Elastomeric Foam Market Size, By Type, 2016–2023 (USD Million)
Table 63 Middle East & Africa: Elastomeric Foam Market Size, By Country, 2016–2023 (Kiloton)
Table 64 Saudi Arabia:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 65 Iran:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 66 South Africa:Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 67 Rest of Middle East & Africa: Elastomeric Foam Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 68 Expansions, 2014–2018
Table 69 Acquisitions, 2014-2018
Table 70 New Product Launches, 2014-2018
Table 71 Joint Ventures and Agreements, 2014–2018

List of Figures

Figure 1 Elastomeric Foam Market Segmentation
Figure 2 Elastomeric Foam Market: Research Design
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Elastomeric Foam Market: Data Triangulation
Figure 6 APAC Dominated the Elastomeric Foam Market in 2017
Figure 7 NBR to Be the Largest Type of Synthetic Elastomeric Foam
Figure 8 HVAC Industry to Dominate the Elastomeric Foam Market
Figure 9 Elastomeric Foam Market to Witness A Moderate Growth Between 2018 and 2023
Figure 10 APAC to Be the Fastest-Growing Elastomeric Foam Market
Figure 11 NBR to Be the Fastest-Growing Type of Synthetic Elastomeric Foam
Figure 12 China Accounted for the Largest Market Share
Figure 13 Elastomeric Foam Market to Register High Growth in India and China
Figure 14 Factors Governing the Elastomeric Foam Market
Figure 15 Elastomeric Foam Market: Porter’s Five Forces Analysis
Figure 16 NBR to Dominate the Elastomeric Foam Market
Figure 17 APAC to Be the Largest Elastomeric Foam Market in the Natural Rubber Segment
Figure 18 APAC to Be the Fastest-Growing Market for NBR Elastomeric Foam
Figure 19 APAC to Be the Largest as Well as the Fastest-Growing Market for EPDM Elastomeric Foam
Figure 20 APAC to Be the Largest as Well as the Fastest-Growing Market for CR Elastomeric Foam
Figure 21 APAC to Be the Fastest-Growing Market for Other Elastomeric Foams
Figure 22 HVAC to Be the Leading End-Use Industry of Elastomeric Foam
Figure 23 APAC to Be the Largest Elastomeric Foam Market in Thehvac End-Use Industry
Figure 24 APAC to Be the Largest Elastomeric Foam Market in the Automotive End-Use Industry
Figure 25 APAC to Be the Largest Elastomeric Foam Market in Theelectrical & Electronics End-Use Industry
Figure 26 APAC to Be the Fastest-Growing Elastomeric Foam Market in Other End-Use Industries
Figure 27 Regional Snapshot (2018–2023): India and China to Emerge as New Strategic Destinations for Elastomeric Foam Market
Figure 28 APAC: Elastomeric Foam Market Snapshot
Figure 29 North America: Elastomeric Foam Market Snapshot
Figure 30 Europe: Elastomeric Foam Market Snapshot
Figure 31 South America: Elastomeric Foam Market Snapshot
Figure 32 Middle East & Africa: Elastomeric Foam Market Snapshot
Figure 33 Companies Adopted New Product Launches and Expansion as the Key Growth Strategy, 2014–2018
Figure 34 Market Ranking Analysis
Figure 35 Armacell International S.A.: Company Snapshot
Figure 36 Armacell International S.A.: SWOT Analysis
Figure 37 Hira Industries: SWOT Analysis
Figure 38 Zotefoams PLC. : SWOT Analysis
Figure 39 L’isonlante K-Flex S.P.A : SWOT Analysis
Figure 40 Kaimann GmbH : SWOT Analysis

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