| Product Code: ETC4515808 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Singapore elastomeric foam market, the import trend showed a growth rate of 9.66% from 2023 to 2024, while the compound annual growth rate (CAGR) for 2020-2024 was -4.57%. This fluctuation could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
Elastomeric foams are gaining popularity in Singapore construction and HVAC industries due to their excellent insulation and sound absorption properties. These foams are used in applications such as pipes, ducts, and HVAC systems, where thermal and acoustic insulation is essential. As the country strives for energy efficiency and improved building infrastructure, the elastomeric foam market is expanding. Elastomeric foams contribute to reduced energy consumption, enhancing the overall sustainability of buildings and industrial facilities.
The elastomeric foam market in Singapore is experiencing significant growth, driven by the HVAC and automotive industries. Elastomeric foams are preferred for their excellent insulation properties and resistance to moisture, making them ideal for HVAC systems and automotive insulation applications. With Singapore focus on energy efficiency in both residential and commercial buildings, the demand for elastomeric foams in HVAC insulation is increasing. Furthermore, the automotive industry is adopting these foams to improve thermal and acoustic insulation in vehicles, contributing to market expansion.
One of the challenges in the Singapore elastomeric foam market is environmental sustainability. Elastomeric foam materials must comply with evolving environmental regulations and standards, including restrictions on harmful chemicals. Manufacturers must invest in eco-friendly formulations and efficient production processes to meet these requirements while remaining competitive in the market.
The COVID-19 pandemic had varying effects on the Singapore elastomeric foam market. While the construction sector faced challenges with delays and disruptions, the market found opportunities in healthcare and HVAC applications. Elastomeric foam was crucial in insulating healthcare facilities and supporting ventilation systems. The market adapted to cater to pandemic-related infrastructure needs by emphasizing the importance of efficient insulation and thermal performance in healthcare settings.
Companies like Armacell, K-Flex, and NMC are prominent players in the Singapore elastomeric foam market. They offer elastomeric foam insulation materials for HVAC and refrigeration.
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 Singapore Elastomeric Foam Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Elastomeric Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Elastomeric Foam Market - Industry Life Cycle |
3.4 Singapore Elastomeric Foam Market - Porter's Five Forces |
3.5 Singapore Elastomeric Foam Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Singapore Elastomeric Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Singapore Elastomeric Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Singapore Elastomeric Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient insulation materials in the construction sector |
4.2.2 Growing awareness about the benefits of using elastomeric foam for thermal and acoustic insulation |
4.2.3 Favorable government regulations promoting the use of energy-efficient materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intensive competition from substitute materials like fiberglass and mineral wool |
5 Singapore Elastomeric Foam Market Trends |
6 Singapore Elastomeric Foam Market, By Types |
6.1 Singapore Elastomeric Foam Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Singapore Elastomeric Foam Market Revenues & Volume, By Function, 2021-2031F |
6.1.3 Singapore Elastomeric Foam Market Revenues & Volume, By Thermal Insulation, 2021-2031F |
6.1.4 Singapore Elastomeric Foam Market Revenues & Volume, By Acoustic Insulation, 2021-2031F |
6.2 Singapore Elastomeric Foam Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Elastomeric Foam Market Revenues & Volume, By NBR, 2021-2031F |
6.2.3 Singapore Elastomeric Foam Market Revenues & Volume, By EPDM, 2021-2031F |
6.3 Singapore Elastomeric Foam Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Singapore Elastomeric Foam Market Revenues & Volume, By HVAC, 2021-2031F |
6.3.3 Singapore Elastomeric Foam Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.3.4 Singapore Elastomeric Foam Market Revenues & Volume, By Heating & Plumbing, 2021-2031F |
6.3.5 Singapore Elastomeric Foam Market Revenues & Volume, By Transportation, 2021-2031F |
7 Singapore Elastomeric Foam Market Import-Export Trade Statistics |
7.1 Singapore Elastomeric Foam Market Export to Major Countries |
7.2 Singapore Elastomeric Foam Market Imports from Major Countries |
8 Singapore Elastomeric Foam Market Key Performance Indicators |
8.1 Energy savings achieved by using elastomeric foam insulation |
8.2 Number of new construction projects using elastomeric foam |
8.3 Percentage growth in the adoption of elastomeric foam insulation in different industries |
9 Singapore Elastomeric Foam Market - Opportunity Assessment |
9.1 Singapore Elastomeric Foam Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Singapore Elastomeric Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Singapore Elastomeric Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Singapore Elastomeric Foam Market - Competitive Landscape |
10.1 Singapore Elastomeric Foam Market Revenue Share, By Companies, 2024 |
10.2 Singapore Elastomeric Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |