Europe Thermoplastic Closed-Cell Foam Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The Europe Thermoplastic Closed-Cell Foam market has gained significant traction over the past few years, as industries across the continent seek more efficient, lightweight, and durable materials for a wide range of applications. Thermoplastic closed-cell foam is known for its closed structure, which makes it an excellent choice for insulation, cushioning, and structural reinforcement. It is widely used in industries like automotive, aerospace, construction, and marine, with each sector requiring different performance characteristics from the material.
One of the primary factors driving demand for thermoplastic closed-cell foam is its exceptional performance in thermal insulation and buoyancy. In the automotive industry, for instance, manufacturers are increasingly opting for lightweight foam solutions to enhance fuel efficiency and reduce emissions. In aerospace, thermoplastic foam is used to reduce aircraft weight while maintaining structural integrity. Meanwhile, in marine applications, its buoyancy characteristics make it ideal for boat building and offshore platforms, where materials must withstand harsh conditions.
Industries also demand foams that offer resistance to fire, chemicals, and UV degradation, as well as those that can be molded into complex shapes without losing strength. Closed-cell foams typically meet these demands better than their open-cell counterparts, adding to their popularity. Furthermore, the foam’s closed-cell structure prevents water absorption, which makes it particularly valuable in areas with high moisture exposure, such as construction or outdoor equipment manufacturing.
The European market is expected to grow due to the continued evolution of these industries. As sustainability becomes more important, eco-friendly thermoplastic foams are being developed to meet the industry's environmental standards. With growing technological advancements, new formulations are also being introduced to meet specific needs across different sectors.
Whether it’s the lightweight properties required for automotive applications or the water resistance necessary in marine industries, thermoplastic closed-cell foam is increasingly becoming a material of choice. Its versatility, combined with the evolving needs of various sectors, is poised to shape the future of the European market for years to come. Industries will continue to push for advanced materials that meet their stringent requirements for performance, cost-efficiency, and sustainability.
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DuPont
BASF
Owens Corning
Sekisui Voltek
3A Composites Core Materials
Nam Liong
UFP MedTech
Zotefoams
Aerovac
3D|CORE GmbH
Sicomin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Thermoplastic Closed-Cell Foam Market
Polyethylene (PE) Foam
Ethylene Vinyl Acetate (EVA) Foam
Polypropylene (PP) Foam
Polystyrene (PS) Foam
Low-Density Foam (up to 25 kg/m³)
Medium-Density Foam (25 kg/m³ to 60 kg/m³)
High-Density Foam (above 60 kg/m³)
Packaging
Protective Packaging
Insulated Packaging
Automotive
Interior Components
Exterior Components
Construction
Insulation Products
Soundproofing
Sports
Protective Gear
Equipment Padding
Healthcare
Medical Devices
Cushions and Supports
Extrusion
Injection Molding
Compression Molding
Blow Molding
Fabrication Techniques
Aerospace
Automotive
Marine
Consumer Goods
Industrial Applications
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Thermoplastic Closed-Cell Foam Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Thermoplastic Closed-Cell Foam Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Thermoplastic Closed-Cell Foam Market, By Type
6. Europe Thermoplastic Closed-Cell Foam Market, By Application
7. Europe Thermoplastic Closed-Cell Foam Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Thermoplastic Closed-Cell Foam Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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