US demand to grow 5.5% yearly to 2009
US specialty foam demand is projected to expand 5.5 percent annually to $1.3 billion in 2009, comprising 506 million pounds. Gains will reflect improvements in the economy and greater needs for lower cost and higher performance materials in various sectors.
Engineered plastic, PUR will remain dominant foams
Polyurethane and engineered plastic will remain the dominant plastic foams, with the best growth expected in the lower volume fluoropolymers and silicones. Specialty polyurethane foam demand will be stimulated by opportunities in areas such as air and fluid filtration, gaskets and acoustical insulation. Particularly good growth is expected for hydrophilic (water absorbing) foam in areas such as wound dressings and as delivery vehicles. Engineered plastic foam advantages include good dielectric properties, strength and temperature resistance. Primary applications for polyphenylene oxide and polycarbonate foams are in housings and other enclosures for electronic products, and polyimide foam is used in high performance thermal and acoustical insulation.
Nonplastic foams will increase at a faster pace than plastic types, particularly ceramics and metals. Ceramic and metal foams will experience the fastest growth due to advancing catalyst substrate, metal filtration and other applications. In the metal category, nascent materials such as aluminum foam also have strong potential in areas such as energy absorption and diesel particulate filters. Good growth is also expected for foam glass in thermal insulation applications.
Industrial markets to present best growth opportunities
Electrical/electronic and industrial markets will continue to account for over one half of all demand due to widespread structural, filtering, sealing and insulating requirements. Industrial markets for specialty foams will ponehalfresent the best opportunities in areas such as thermal insulation, gaskets, and machinery seals and filters. Electrical and electronic markets will be driven by expanding needs for higher performing structural, filtering, sealing and insulation materials.
Transportation equipment markets will be driven by safety and fuel efficiency concerns in motor vehicle, aircraft, marine and other applications. Advances in medical and health care markets will be stimulated by widespread disposable medical supply applications, particularly wound dressings.
US industry highly fragmented
The US specialty foam industry is comprised of several hundred producers, fabricators, molders and applicators. Segments such as polyurethane are highly competitive and fragmented, while glass and nickel foam are dominated by several large players.
Continued consolidation trends are expected in light of needs to broaden geographic reach and product lines, including acquiring offshore production capabilities in more rapidly growing areas such as Asia, Latin America and Eastern Europe.
Study coverage
This new Freedonia study, Specialty Foams, which provides historical US demand data for 1994, 1999 and 2004, as well as forecasts to 2009 and 2014 by type, market and application. This study also considers US market environment indicators, evaluates company market shares and profiles 32 industry players.
TABLE OF CONTENTS
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Outlook
- Consumer Spending Patterns
- Manufacturing Outlook
- Electrical & Electronic Equipment Outlook
- Health Care Industry Trends
- Transportation Equipment Trends
- Building Construction Outlook
- Plastic Foam Overview
- Pricing Trends
- Regulatory & Environmental Considerations
- International Activity
III. TYPES
- General
- Plastic Foam
- Polyurethane Foam
- Types
- Markets
- Producers
- Engineered Plastic Foam
- Polyphenylene Oxide
- Polycarbonate
- Polyimide
- Other
- Producers
- Polyolefin Foam
- Types
- Producers
- Fluoropolymer Foam
- Silicone Foam
- Other Specialty Plastic Foams
- Non-Plastic Foam
- Foam Glass
- Ceramic Foam
- Metal Foam
- Nickel Foam
- Other Metal Foam
- Aluminum Foam
- All Other Metal Foams
- Other Specialty Foam
IV. MARKETS
- General
- Electrical & Electronic
- Types
- Uses
- Industrial
- Types
- Uses
- Transportation Equipment
- Types
- Uses
- Medical & Healthcare
- Construction
- Other Markets
V. APPLICATIONS
- General
- Cushioning
- Insulation
- Structural
- Gaskets & Seals
- Filters
- Other
VI. INDUSTRY STRUCTURE
- General
- Market Share
- Rogers
- Foamex International
- Pittsburgh Corning
- Carpenter
- Crest Foam Industries
- Other Producers
- Mergers & Acquisitions
- Marketing Strategies
- Channels of Distribution
- Research & Development
- Competitive Strategies
- Cooperative Agreements
COMPANY PROFILES
- Aearo Corporation
- BASF AG
- Bayer AG
- BayOne Urethane Systems LLC, see Bayer AG
- British Vita plc
- Carpenter Company
- Cellect LLC
- Createc Corporation
- Crest Foam Industries Incorporated, see British Vita plc
- Cuming Corporation
- Degussa AG
- Dow Chemical Company
- Dow Corning Corporation
- E-A-R Specialty Composites, see Aearo Corporation
- Enerflex Solutions LLC, see Woodbridge Foam Corporation
- ERG Materials and Aerospace Corporation
- Foamex International Incorporated
- Free-Flow Packaging International Incorporated
- Grow-Tech Incorporated, see Rynel Limited Incorporated
- Huntsman Corporation
- Inco Limited
- Inspec Foams Incorporated, see Degussa AG
- Insulfoam, see Premier Industries Incorporated
- Lamatek Incorporated
- Novamet Specialty Products Corporation, see Inco Limited
- Pactiv Corporation
- Pittsburgh Corning Corporation
- Plexiglas, see Degussa AG
- Polyair Inter Pack Incorporated
- Porvair plc
- PXL Cross Linked Technologies Incorporated, see
- Polyair Inter Pack Incorporated
- Rogers Corporation
- Rohm GmbH & Company, see Degussa AG
- Rynel Limited Incorporated
- Saint-Gobain
- SCA Packaging North America, see Svenska Cellulosa AB
- Sealed Air Corporation
- Sekisui Chemical Company Limited
- Selee Corporation, see Porvair plc
- Svenska Cellulosa AB
- THARCO
- Ultramet Incorporated
- Vitafoam Incorporated, see British Vita plc
- Voltek LLC, see Sekisui Chemical Company Limited
- Wacker-Chemie GmbH
- Woodbridge Foam Corporation
- Other Companies the Specialty Foam Industry
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Indicators
- 2 Consumer Expenditures
- 3 Manufacturers Shipments
- 4 Electrical & Electronic Equipment Shipments
- 5 National Health Expenditures
- 6 Transportation Equipment Shipments
- 7 Building Construction Expenditures
- 8 Plastic Foam Demand by Type
- 9 Specialty Foam Pricing Trends
SECTION III -- TYPES
- 1 Specialty Foam Demand
- 2 Specialty Plastic Foam Demand by Type
- 3 Specialty Polyurethane Foam Demand by Type & Market
- 4 Specialty Engineered Plastic Foam Demand by Type & Market
- 5 Specialty Polyolefin Foam Demand by Market
- 6 Specialty Fluoropolymer Foam Demand by Market
- 7 Specialty Silicone Foam Demand by Market
- 8 Other Specialty Plastic Foam Demand by Market
- 9 Non-Plastic Specialty Foam Demand by Type
- 10 Foam Glass Demand by Market
- 11 Ceramic Foam Demand by Market
- 12 Metal Foam Demand by Type
- 13 Nickel Foam Demand by Market
- 14 All Other Metal Foam Demand by Market
- 15 Other Specialty Foam Demand
SECTION IV -- MARKETS
- 1 Specialty Foam Demand by Market
- 2 Electrical & Electronic Markets for Specialty Foam by Type & Use
- 3 Industrial Markets for Specialty Foam by Type & Use
- 4 Transportation Equipment Markets for Specialty Foams by Type & Use
- 5 Medical & Healthcare Markets for Specialty Foams byType & Use
- 6 Construction Markets for Specialty Foams by Type
- 7 Other Markets for Specialty Foams by Type & Use
SECTION V -- APPLICATIONS
- 1 Specialty Foam Demand by Application
- 2 Cushioning Applications for Specialty Foams by Type
- 3 Insulation Applications for Specialty Foams by Type
- 4 Structural Applications for Specialty Foams by Type
- 5 Gasket & Seal Applications for Specialty Foams by Type
- 6 Filter Applications for Specialty Foams by Type
- 7 Other Applications for Specialty Foams by Type
SECTION VI -- INDUSTRY STRUCTURE
- 1 US Specialty Foam Sales by Company, 2004
- 2 Selected Acquisitions & Divestitures
- 3 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- 1 Plastic Foam Demand by Type, 2004
SECTION III -- TYPES
- 1 Specialty Plastic Foam Demand by Type, 2004
- 2 Specialty Polyurethane Foam Demand by Market, 2004
- 3 Non-Plastic Specialty Foam Demand by Type, 2004
SECTION IV -- MARKETS
- 1 Specialty Foam Demand by Market, 2004
- 2 Electrical & Electronic Markets for Specialty Foam by Type, 2004
- 3 Electrical & Electronic Markets for Specialty Foam by Use, 2004
- 4 Industrial Markets for Specialty Foams by Type, 2004
- 5 Industrial Markets for Specialty Foams by Use, 2004
- 6 Transportation Equipment Markets for Specialty Foams by Type, 2004
SECTION V -- APPLICATIONS
- 1 Specialty Foam Demand by Application, 2004
- 2 Insulation Applications for Specialty Foams by Type, 2004
- 3 Structural Applications for Specialty Foams by Type, 2004
SECTION VI -- INDUSTRY STRUCTURE
- 1 US Specialty Foam Market Share, 2004