Europe Foam Insulation Market is expected to grow with a CAGR of 5.9% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.
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Europe foam insulation market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in Europe foam insulation market are introducing a substantial range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In December 2019, BASF SE launched its range of melamine resin foam Basotect. The exceptionally lightweight and flexible foam is ideally suited for the insulation of rail vehicles as well as heating, ventilation, and air-conditioning (HVAC) technology in buildings. This product launch helped the company to strengthen its product portfolio
Some of the major players operating in the Europe foam insulation market are BASF SE, DuPont, Owens Corning, SOPREMA, Recticel NV/SA, Armacell, Aerofoam USA, Bauder Ltd, Covestro AG and Johns Manville among others
BASF SE
BASF SE is headquartered in Ludwigshafen, Germany, founded in 1865. The company is engaged in providing chemicals, plastics, performance products, and crop protection products to oil and gas. The company-product ranges widely from automotive and transportation, agriculture, plastics and rubber, electronics and electric, construction, energy and resources, pharmaceuticals, textile, leather and footwear, furniture and wood, packaging and print, pulp and paper, home care, industrial and institutional cleaning, paints and coatings, personal care and hygiene, chemicals and nutrition among which the market's most focused category is construction.
- In December 2019, BASF SE launched its range of melamine resin foam Basotect. The exceptionally lightweight and flexible foam is ideally suited for the insulation of rail vehicles as well as for heating, ventilation, and air-conditioning (HVAC) technology in buildings
The company has a presence in the Americas, Asia, Middle East, and Africa, and Europe.
The company generates revenue from other subsidiaries such as BASF Coatings GmbH (Germany), Wintershall (Germany), BASF Japan (Japan), Engelhard (U.S.), PCI Augsburg GmbH (Germany), and Cognis (Germany) among others.
DuPont
DuPont is headquartered in Michigan, U.S., and was founded in 1897. The company is engaged in providing agriculture, material science, and specialty products. The company offers various product categories such as dietary supplement ingredients, display and lighting materials, electronic and electrical materials, fabrics, fibers and non-wovens, industrial biotechnology, industrial films, packaging materials and solutions, shelter solution, construction materials, among which shelter solution is the market-focused category.
- In May 2021, DuPont introduced a new version of its spray polyurethane foam insulation that is HFC-free. This launch helped the company to widen its product portfolio
The company has a presence in the Americas, Europe, Middle East, and Africa, and Asia
The company has other subsidiaries such as Dupont Argentina S.R.L.(Argentina), Dupont De Nemours Bvba (Belgium), Dupont do brasil s.A. (Brazil), DuPont Australia ltd. ( Australia), and Dupont Korea Inc. (Korea), among others.
Johns Manville
Johns Manville was founded in 1858 and had its headquarters in Colorado, US. The company is a leading manufacturer and marketer of premium-quality insulation and commercial roofing, along with glass fibers and non-wovens for commercial and industrial usage. The company offers various product categories such as insulation systems, commercial roofing, engineered products, among which insulation system is the market-focused category.
- In January 2021, Johns Manville has launched New Corbond IV Fourth-Generation, Closed-Cell Spray Foam. This launch helped the company to strengthen its product portfolio
The company has a presence in the U.S., Germany, China, Canada, and Slovakia
The company generates its revenue from other subsidiaries such as Corbond Corporation (United States), Johns Manville AB (Johns Manville International Group, Inc.) (United States), Industrial Insulation Group, LLC (North America), and Nord Bitumi Canada Limited (Canada), among others.
