Global Markets for Foam Coating to 2023: Dominated by Axalta Coating System, BASF, Innovative Chemical Products (ICP) Group, Shawcor, Tnemec, and Yenkin-Majestic Paint Corporation - ResearchAndMarkets.com

The "Global Markets for Foam Coating" report has been added to ResearchAndMarkets.com's offering.

Report Scope

  • By technology type: powder-based, solvent-based and water-based foam coatings.
  • By resin type: acrylic, polyurethane, epoxy, alkyl and polyester-based foam coatings.
  • By Industry: building and construction, oil and gas, aerospace, automotive, military, and other application.
  • By region: North America is segmented into U.S., Canada, and Mexico; Europe is segmented into the U.K., Germany, France, Russia and Rest of Europe; Asia-Pacific (APAC) is segmented into Japan, India, China and Rest of Asia-Pacific; and the Rest of the World (ROW) covers Latin America, the Middle East, and Africa.
  • Estimated values used are based on manufacturers' total volume. Projected and forecasted values are in constant units, unadjusted for inflation.

In addition to industry and competitive analysis of the foam-coating market, this report also includes a patent analysis and a listing of company profiles for key players in the foam-coating market.

The report includes:

  • 77 data tables and 56 additional tables
  • An overview of the global markets for foam coating
  • Analyses of global market trends, with data from 2017, 2018, and projections of CAGRs through 2023
  • Discussion about increasing application of foam coating in construction industries
  • Insights into government regulations related to the green environment
  • Detailed profiles of the major players in the global foam coating market, including Axalta Coating System, BASF, Innovative Chemical Products (ICP) Group, Shawcor, Tnemec, and Yenkin-Majestic Paint Corp.

Foam coatings have numerous applications across industries including industrial manufacturing, aerospace, automotive, construction, industrial maintenance, and military.

Among the types of resins, polyurethane foam holds the largest market share, due to its widespread use in the construction sector. Increasing construction activity in developing countries creates a high growth opportunity for the global polyurethane foam market. Due to its durability, strength, and lightweight, it is used widely to insulate and protect the external fuel tank of the space shuttle. The 1 layer of foam helps to keep 395,000 gallons of liquid hydrogen at a very cool -423F.

Moving forward, polyurethane is used widely in the construction sector as an insulator. It is also used in the manufacture of mattresses, ice chests, cushions, coffee mugs, and commercial roof systems. Polyurethane products are manufactured using either flexible or rigid foam types.

Flexible foams are used primarily in the production of padding for domestic and commercial furniture. Rigid foams have high insulative properties and are used inside the plastic and metal walls of most freezers and refrigerators, and for thermal insulation panels used in construction. Wide application of polyurethane foam in various end-user industries fuels market growth over the forecast period.

Polyester resin holds the second largest market share in the global foam-coating market, followed by epoxy resin and alkyl resin. Polyester resin has various non-industrial and industrial applications. Due to its lightweight, weather resistance and strength, polyester resin is used to produce Fiberglass Reinforced Plastic (FRP), which is used in the manufacture of kitchen, restroom and restaurant products. Industrial applications of polyester resin include bulk-molding compounds, steel molding compounds, and resin casting. Designer, engineer, builder and architect value polyester resin for its light weight and strength will drive market demand during the forecast period.

Acrylic resins feature outstanding durability and transparency and are used in various applications ranging from consumer items to industrial products. Acrylic resins are an ingredient in latex paints and give those paints properties of greater water resistance, better stain protection, greater resistance to blistering and cracking, better adhesion, and resistance to alkali cleansers. Acrylic resins are used increasingly in medical devices, automotive parts, construction, sealants, adhesives, paints, and coatings. High demand for acrylic resins in the sectors described in this report creates a high market growth opportunity in the forecast period.

Epoxy resins are used widely in electronic materials, coatings, and adhesives due to their excellent mechanical properties, good heat resistance, high adhesion strength, and high electrical resistance. Epoxy resins are an integral part of the electronics industry and are used extensively in integrated circuits, over-molding transistors, hybrid circuits and PCBs (printed circuit boards). Epoxy is also known for its corrosion-resistance and environmental friendliness. These properties create high demand for epoxy resins in industrial sectors worldwide, and demand is expected to continue over the forecast period.

Key Topics Covered

Chapter 1 Introduction

  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Methodology
  • What is the Industry Saying?
  • Information Sources
  • Intended Audience
  • Geographic Breakdown

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background

  • Market Definitions and the Evolution of Foam Coating
  • Future Outlook and Expectations
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Recent Developments
  • Launch of New Products
  • Development of New Product
  • Market Dynamics
  • Drivers
  • Constraints
  • Key Developments in the Field of Foam Coating

Chapter 4 Market Breakdown by Technology Type

  • Introduction
  • Powder-Based Foam Coating
  • Solvent-Based Foam Coating
  • Water-Based Foam Coating

Chapter 5 Market Breakdown by Resin Type

  • Introduction
  • Acrylic Foam Coatings
  • Polyurethane Foam Coatings
  • Epoxy Foam Coatings
  • Alkyl Foam Coatings
  • Polyester Foam Coating

Chapter 6 Market Breakdown By Industry

  • Introduction
  • Building and Construction Applications
  • Oil and Gas Applications
  • Aerospace Applications
  • Automotive Applications
  • Military Applications
  • Consumer Electronics
  • Other Applications

Chapter 7 Market Breakdown by Region

  • Introduction
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Chapter 8 Patent Review/ New Developments

  • Patent Review by Year and Country
  • Important Foam-Coating Patents

Chapter 9 Company Profiles

  • Akzo Nobel N.V.
  • Alpha Foam Ltd.
  • Ashland Inc.
  • Asian Paints Ltd.
  • Axalta Coating Systems LLC
  • BASF SE
  • Benjamin Moore & Co. Inc.
  • Carpoly Chemical Group Co. Ltd.
  • Carson'S Coatings
  • Cloverdale Paint Inc.
  • Diamond Vogel Paints
  • Hentzen Coatings Inc.
  • Innovative Chemical Products (ICP) Group
  • Indigo Paints Pvt. Ltd.
  • Kansai Paint Co. Ltd.
  • Kelly-Moore Paints
  • Lapolla Industries Inc.
  • Masco Corp.
  • Milesi
  • Nippon Paint Holdings Co. Ltd.
  • PPG Industries Inc.
  • RPM International Inc.
  • S.K. Kaken Co. Ltd.
  • SCG Building Materials
  • Shawcor Ltd.
  • The Sherwin-Williams Co.
  • The Valspar Corp.
  • Tnemec Co. Inc.
  • True Value Co.
  • Vista Paint Corp.
  • Yenkin-Majestic Paint Corp.

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