One Component Foam- Description
One-component polyurethane foam is another name for one-component foam. It is a gap-filling, moisture-curing, self-adhesive, and self-expanding substance. To close gaps in doors, windows, roofs, and ceilings during construction projects.
Numerous end-use industries, including building and construction, fire retardants, and consumer goods, frequently use one-component foam.
Global One Component Foam Market- Overview
The Global One Component Foam Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) of over 6% over 2022-2030.
In the upcoming years, the market for one-component foam is projected to be driven by the rising popularity of self-hardening and self-expanding sealing foams. One major driver that is predicted to increase demand for one-component foams during the forecast period is the rapid growth of the worldwide construction industry, driven by an increase in consumer disposable income. One-component foam is a high-quality polyurethane material used to provide quick drying and improved surface adherence. Due to these advantages, it can be used to close gaps and lessen leaks from walls, doors, and windows.
During the forecast period, an increase in demand for high-quality adhesives with insulating qualities in the construction industry is predicted to drive up demand for one-component foams. The construction industry is expanding quickly in developing nations like China, South Korea, and India due to the development of the middle class.
Global One Component Foam Market- Key trends
Extensive R&D activities will help the market expansion
The quality of adhesives and foaming components is being improved by extensive R&D efforts by large corporations working with government agencies. End-users benefit from technological developments in the production of polyurethane foam utilising various raw ingredients. During the forecast period, this is anticipated to drive the worldwide one-component foam market.
More use of one-component foam will drive the market expansion
Crude oil or other fossil fuels are used to produce one-component foam products and the raw ingredients needed to make them. The main source of raw materials such polyester polyol, polyether polyol, and methylene diphenyl diisocyanate is crude oil.
Global One Component Foam Market- Segmental assessment
By raw material
Methylene diphenyl diisocyanate
Polyether polyol
Polyether polyol
Others
By application
Door and windows frame jambs
Ceiling and floor joints
Partition walls
Water pipes
Others
Global One Component Foam Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.
Global One Component Foam Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are Sika (Polypag AG) , DowDuPont , Henkel , Selena Group , Soudal Group , RPM International , TKK Srpenica , Aerosol-Service AS , Krimelte OU , Castelein Sealants , Larsen Building Products , Hanno-Werk Austria , Matadorfix Bohemia , Mccoy Soudal Sealants Adhesives & Foams , Akkim Cons, and others.
Report scope
Global One Component Foam Market: Historical Years- 2018-2021
Global One Component Foam Market: Forecast Years- 2022-2030
Global One Component Foam Market CAGR- 6%
Key segments covered-
1) By raw material (methylene diphenyl diisocyanate, polyether polyol, polyether polyol, and others).
2) By application (door and window frame jambs, ceiling and floor joints, partition walls, water pipes, and others).
Major regions and countries reported-
1) North America (U.S., Canada, and Mexico)
2) South America (Brazil, Argentina, and Colombia)
3) Europe (Germany, U.K., France, Italy, Spain, and Russia)
4) Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
5) Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Sika (Polypag AG) , DowDuPont , Henkel , Selena Group , Soudal Group , RPM International , TKK Srpenica , Aerosol-Service AS , Krimelte OU , Castelein Sealants , Larsen Building Products , Hanno-Werk Austria , Matadorfix Bohemia , Mccoy Soudal Sealants Adhesives & Foams , Akkim Cons, and others.