| Product Code: ETC4514365 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India industrial foam market import shipment experienced a slight decline with a negative CAGR from 2020 to 2024. The growth rate notably dropped between 2023 and 2024, indicating a substantial slowdown in market expansion during the latter period. Overall, the market exhibited a trend of gradual deceleration and stabilization.
The industrial foam market in India serves diverse sectors such as packaging, construction, and automotive. Industrial foams are valued for their cushioning and insulating properties. The demand for industrial foams has increased with the growth of these sectors and the need for efficient and cost-effective materials to protect goods during transportation and storage.
The industrial foam market in India is experiencing significant growth due to its wide-ranging applications across industries like construction, automotive, and packaging. The construction sector`s growth is a major driver, as industrial foams are used for insulation, soundproofing, and other applications. Additionally, the automotive sector`s demand for lightweight materials contributes to the market`s expansion.
The industrial foam market in India encounters challenges related to material innovation and cost-effective solutions. Developing industrial foams with the right balance of properties for specific applications is crucial. Maintaining consistent quality and material durability is essential for industrial applications. Educating industries about the benefits of industrial foams, including their lightweight properties and impact resistance, is another challenge.
The India industrial foam market experienced disruptions during the pandemic as industrial activities and manufacturing slowed down. Demand for foam products used in industrial applications, such as packaging and insulation, declined. However, the market has the potential to recover as industrial activities pick up.
Key players in the India industrial foam market involve Trelleborg, Zotefoams, Recticel, Rogers Corporation, and INOAC Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Foam Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Foam Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Foam Market - Industry Life Cycle |
3.4 India Industrial Foam Market - Porter's Five Forces |
3.5 India Industrial Foam Market Revenues & Volume Share, By Foam Type, 2021 & 2031F |
3.6 India Industrial Foam Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 India Industrial Foam Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 India Industrial Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from industries like automotive, construction, and electronics due to the lightweight, durable, and insulation properties of industrial foam. |
4.2.2 Growth in industrial activities and infrastructure development in India. |
4.2.3 Rising awareness about the benefits of using industrial foam for energy efficiency and environmental sustainability. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Lack of skilled labor for specialized foam manufacturing processes. |
4.3.3 Stringent environmental regulations regarding the disposal and recycling of foam materials. |
5 India Industrial Foam Market Trends |
6 India Industrial Foam Market, By Types |
6.1 India Industrial Foam Market, By Foam Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Foam Market Revenues & Volume, By Foam Type, 2021-2031F |
6.1.3 India Industrial Foam Market Revenues & Volume, By Flexible, 2021-2031F |
6.1.4 India Industrial Foam Market Revenues & Volume, By Rigid, 2021-2031F |
6.2 India Industrial Foam Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Foam Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.3 India Industrial Foam Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.2.4 India Industrial Foam Market Revenues & Volume, By Polyolefins, 2021-2031F |
6.2.5 India Industrial Foam Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2.6 India Industrial Foam Market Revenues & Volume, By Pet, 2021-2031F |
6.3 India Industrial Foam Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 India Industrial Foam Market Revenues & Volume, By HVAC, 2021-2031F |
6.3.4 India Industrial Foam Market Revenues & Volume, By Industrial pipe insulation, 2021-2031F |
6.3.5 India Industrial Foam Market Revenues & Volume, By Marine, 2021-2031F |
6.3.6 India Industrial Foam Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.7 India Industrial Foam Market Revenues & Volume, By Industrial cold storage, 2021-2031F |
7 India Industrial Foam Market Import-Export Trade Statistics |
7.1 India Industrial Foam Market Export to Major Countries |
7.2 India Industrial Foam Market Imports from Major Countries |
8 India Industrial Foam Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the use of industrial foam. |
8.2 Number of new applications or industries adopting industrial foam solutions. |
8.3 Investment in research and development for innovative foam products. |
8.4 Adoption rate of eco-friendly foam materials in the market. |
8.5 Number of partnerships or collaborations between foam manufacturers and industries for customized solutions. |
9 India Industrial Foam Market - Opportunity Assessment |
9.1 India Industrial Foam Market Opportunity Assessment, By Foam Type, 2021 & 2031F |
9.2 India Industrial Foam Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 India Industrial Foam Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 India Industrial Foam Market - Competitive Landscape |
10.1 India Industrial Foam Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |