Foam Insulation Market Share

Foam Insulation Market Share

The global foam insulation industry is a competitive arena where established giants and rising contenders vie for market share. BASF, a diversified chemical powerhouse, holds a commanding position with its high-performance ABS and PS grades, securing a 12-15% share. Dow Chemical, offering a comprehensive range of foam insulation solutions, follows suit with a 10-12% share, continuously contributing to industry advancements.
 

Owens Corning, renowned for its fiberglass insulation expertise, holds a strong 8-10% market share, particularly in North America. Knauf Insulation, with its focus on sustainable and high-performance mineral wool insulation, commands a 5-7% share, primarily in Europe. Rockwool International, another major player in the European and Asian markets, holds a similar 5-7% share, focusing on mineral wool insulation solutions.
 

Huntsman Corporation, with its focus on spray foam and rigid foam insulation, secures a 4-6% market share. Kingspan Group, known for its high-performance insulation panels for various applications, holds a 3-5% share. Covestro, specializing in polyurethane foam solutions, and Armacell International, specializing in flexible foam insulation for industrial applications, each hold a 3-5% and 2-4% share respectively.
 

Foam Insulation Market Companies

Some of the major companies operating in the foam insulation industry are:

• BASF
• Dow Chemical
• Owens Corning
• Knauf Insulation
• Rockwool International
• Huntsman Corporation
• Kingspan Group
• Covestro
• Armacell International
   

These companies focus on strategic partnerships, new Product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.