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France foam insulation market to hit USD 860.04 million by 2024

Industrial Market Research

France Foam Insulation Market is expected to reach USD 860.04 million by 2024 from USD 616.56 million in 2016, at a CAGR of 4.4% in the forecast period 2017 to 2024.

France Foam Insulation Market, By Product Type (Polystyrene, Polyurethane & Polyisocyanurate, Polyolefin, Elastomeric, Phenolic), By End-user (Building & Construction, Transport, Consumer Appliances) and Forecast to 2024.

The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The major factors contributing to the growth of the market includes factors such as increasing research and development, greenhouse gas emissions, growth in end-use industry, increasing demand for energy-efficient equipment.

On the other hand, high cost of foams may hinder the growth of the market.

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Market Segmentation: France Foam Insulation Market

  • The France foam insulation market is segmented on the basis of product usage and building type. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.
  • The France foam insulation market is segmented based on product usage into four notable segments; wall insulation, roof insulation, floor insulation and ceiling insulation. France foam insulation market is dominated by wall insulation with 36.2% market share in 2016, growing at the highest CAGR of 5.3% in the forecast period.
  • The France and Belgium foam insulation market is segmented based on building type into four notable segments; single family, non-residential building, multi-family buildings and timber frame construction.

Key Drivers: France Foam Insulation Market

Some of the major factors driving the market for France foam insulation market are increasing research and development, greenhouse gas emissions, growth in end-use industry. These factors demand the foam insulation which boosts the market growth.

  • High cost of foams may hinder the growth of the market.
  • Many companies are increasingly focusing on technological advancement of foam insulation in order to strengthen their product portfolios in the foam insulation market.

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Key Points: France Foam Insulation Market

Saint-Gobin is going to dominate the France foam insulation market following with BASF SE, Recticel Group and Covestro AG. Some of the other players are Huntsman Corporation, Kingspan Group Plc, Lapolla Industries, Inc., Owens Corning, Armacell International SA, Johns Manville, Demilec USA, Inc., Icynene others among others.

  • The France wall Insulation market is expected to reach USD 333.88 million by 2024, from USD 223.19 million in 2016, growing at a CAGR of 5.3%.
  • The single family is expected to dominate the foam insulation market with 45.3% market share, growing at a CAGR 5.2% in the forecast period 2017 to 2024.

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