One Component Foam Market Size, Industry Analysis Report By raw material (methylene diphenyl diisocyanate, polyether polyol, polyether polyol), By application (door and window frame jambs, ceiling and floor joints, partition walls, water pipes) & Region – Forecasts
- PUBLISHED ON
- 2024-10-03
- NO OF PAGES
- 259
- CATEGORY
- Chemicals & Materials
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.
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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