Global Structural Foam Market Size Study, by Material (Polyethylene, Polypropylene, Polystyrene), by Application (Material Handling, Building & Construction), and Regional Forecasts 2022-2032

Description

The Global Structural Foam Market is estimated to be valued at USD 35.9 billion in 2023 and is projected to expand at a steady compound annual growth rate (CAGR) of 3.9% over the forecast period 2024-2032, reaching USD 50.66 billion by 2032. Structural foam, a versatile lightweight material, has become indispensable in a variety of industrial applications due to its high strength-to-weight ratio, excellent insulating properties, and cost-effectiveness. Industries such as material handling and building & construction are at the forefront of utilizing structural foam to streamline processes and enhance product performance.

The market's growth is underpinned by the rising adoption of polyethylene, polypropylene, and polystyrene-based structural foam in applications requiring durability and lightweight solutions. These materials have demonstrated remarkable efficiency in minimizing energy consumption during production while maintaining structural integrity. However, challenges such as fluctuating raw material prices and stringent environmental regulations may impede market growth during the forecast period.

As industries continue to prioritize sustainability, there has been a significant push toward developing eco-friendly formulations of structural foam. Manufacturers are focusing on innovations such as recycled and bio-based raw materials to align with evolving environmental policies and consumer preferences. Furthermore, advancements in structural foam molding technologies have enabled manufacturers to achieve precision and consistency, catering to the increasing demand from industries like automotive, packaging, and construction.

Regionally, North America leads the structural foam market, benefiting from well-established industrial infrastructure and the widespread use of lightweight materials in material handling and construction. Europe closely follows, driven by its emphasis on sustainability and energy-efficient materials. The Asia-Pacific region is expected to experience the fastest growth during the forecast period, fueled by rapid urbanization, industrialization, and expanding infrastructure projects in countries like China and India. Latin America and the Middle East & Africa are gradually emerging as promising markets due to improving economic conditions and rising construction activities.

Major market players included in this report are:

3D Systems Corporation
CollPlant Biotechnologies Ltd
REGEMAT 3D S.L
Shining 3D
Huntsman Corporation
Arkema S.A.
Evonik Industries AG
BASF SE
Advanced Solutions, Inc.
Medprin Biotech GmbH
Cyfuse Biomedical K.K
Desktop Metal, Inc.
The Bio Convergence Company
Cargill, Incorporated
Organovo Holdings, Inc.

The detailed segments and sub-segments of the market are explained below:

By Material:

Polyethylene
Polypropylene
Polystyrene

By Application:

Material Handling
Building & Construction

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe (ROE)
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific (RoAPAC)
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa (RoMEA)

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Structural Foam Market Executive Summary

1.1. Global Structural Foam Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Material
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Structural Foam Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Structural Foam Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Adoption in Material Handling
- 3.1.2. Growth in Building & Construction Industry
- 3.1.3. Technological Advancements in Foam Materials
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Stringent Environmental Regulations
3.3. Market Opportunities
- 3.3.1. Development of Eco-friendly Foam Formulations
- 3.3.2. Expansion into Emerging Markets
- 3.3.3. Innovations in Foam Molding Technologies

Chapter 4. Global Structural Foam Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Structural Foam Market Size & Forecasts by Material 2022-2032

5.1. Segment Dashboard
5.2. Global Structural Foam Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Polyethylene
- 5.2.2. Polypropylene
- 5.2.3. Polystyrene

Chapter 6. Global Structural Foam Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Structural Foam Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Material Handling
- 6.2.2. Building & Construction

Chapter 7. Global Structural Foam Market Size & Forecasts by Region 2022-2032

7.1. North America Structural Foam Market
- 7.1.1. U.S. Structural Foam Market
  - 7.1.1.1. Material Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.3. End Use Industry Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Structural Foam Market
7.2. Europe Structural Foam Market
- 7.2.1. UK Structural Foam Market
- 7.2.2. Germany Structural Foam Market
- 7.2.3. France Structural Foam Market
- 7.2.4. Spain Structural Foam Market
- 7.2.5. Italy Structural Foam Market
- 7.2.6. Rest of Europe Structural Foam Market
7.3. Asia-Pacific Structural Foam Market
- 7.3.1. China Structural Foam Market
- 7.3.2. India Structural Foam Market
- 7.3.3. Japan Structural Foam Market
- 7.3.4. Australia Structural Foam Market
- 7.3.5. South Korea Structural Foam Market
- 7.3.6. Rest of Asia Pacific Structural Foam Market
7.4. Latin America Structural Foam Market
- 7.4.1. Brazil Structural Foam Market
- 7.4.2. Mexico Structural Foam Market
- 7.4.3. Rest of Latin America Structural Foam Market
7.5. Middle East & Africa Structural Foam Market
- 7.5.1. Saudi Arabia Structural Foam Market
- 7.5.2. South Africa Structural Foam Market
- 7.5.3. Rest of Middle East & Africa Structural Foam Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. BASF SE
- 8.1.2. Huntsman Corporation
- 8.1.3. Evonik Industries AG
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. BASF SE
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Huntsman Corporation
- 8.3.3. Evonik Industries AG
- 8.3.4. Arkema S.A.
- 8.3.5. Cargill, Incorporated
- 8.3.6. Desktop Metal, Inc.
- 8.3.7. The Bio Convergence Company
- 8.3.8. Shining 3D
- 8.3.9. CollPlant Biotechnologies Ltd
- 8.3.10. REGEMAT 3D S.L
- 8.3.11. Advanced Solutions, Inc.
- 8.3.12. Medprin Biotech GmbH
- 8.3.13. Cyfuse Biomedical K.K
- 8.3.14. Organovo Holdings, Inc.
- 8.3.15. 3D Systems Corporation

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes