Foam Plastics Market is segmented By Type (Polyurethane, Polystyrene, Polyolefin, Phenolic, Others),...
Market Size in USD Bn
CAGR5.8%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 5.8% |
Market Concentration | Medium |
Major Players | Alchemie Ltd., BASF SE Covestro Hexion Inc., Huntsman International LLC, Repsol S.A., Saudi Basic Industries Corporation (SABIC) and Among Others |
The foam plastics market is estimated to be valued at USD 58.95 Bn in 2025 and is expected to reach USD 87.47 Bn by 2032. It is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032. The foam plastics market is expected to witness steady growth with rising application in industries like automotive, construction and packaging will drive demand.