The Middle East Closed Cell Phenolic Foams market size was valued at US$ 34.6 million in 2024 and is projected to reach US$ 47.2 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Closed cell phenolic foams are rigid insulation materials known for their excellent fire resistance, low smoke emission, and high thermal insulation properties.
The Middle East closed cell phenolic foams market is experiencing moderate growth, driven by stringent building safety regulations and increasing demand for energy-efficient construction materials. In 2023, total production reached approximately 12,000 metric tons, with building insulation applications accounting for 65% of market value. The market saw a 15% increase in demand for high-density phenolic foams in 2023, particularly for use in offshore oil and gas facilities. Use in HVAC ductwork insulation is growing at 8% annually. The industry is witnessing a trend towards composite phenolic foam systems, with a 22% year-over-year increase in sales of products combining phenolic foam with other materials for enhanced performance. Adoption of phenolic foams in cold storage facilities grew by 28% in 2023. Key manufacturers are focusing on developing low-VOC phenolic foam formulations, with a 32% increase in product launches meeting strict indoor air quality standards. The market is also seeing increased interest in phenolic foam's potential in acoustic insulation, with a 38% rise in research projects exploring its sound-dampening properties.
Report Includes
This report is an essential reference for who looks for detailed information on Middle East Closed Cell Phenolic Foams. The report covers data on Middle East markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Middle East major vendors¡¯ information. In addition to the data part, the report also provides overview of Closed Cell Phenolic Foams, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Middle East Closed Cell Phenolic Foams, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Closed Cell Phenolic Foams. This report contains market size and forecasts of Closed Cell Phenolic Foams in Middle East, including the following market information:
We surveyed the Closed Cell Phenolic Foams manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
by Country
• Saudi Arabia
• United Arab Emirates (UAE)
• Qatar
• Kuwait
• Oman
• Bahrain
• Israel
by Products type:
• Thickness below 40 mm
• 40 to 80 mm
• Thickness Above 80 mm
by Application:
• Commercial
• Residential
key players include: (At least 8-10 companies included)
• Kingspan Insulation
• BASF SE
• Rockwool International
• Saint-Gobain
• Johns Manville
• Company 6
• Company 7
• Company 8
• Company 9
• Company 10
Including or excluding key companies relevant to your analysis.
Competitor Analysis
The report also provides analysis of leading market participants including:
• Key companies Closed Cell Phenolic Foams revenues in Middle East market, 2019-2024 (Estimated), ($ millions)
• Key companies Closed Cell Phenolic Foams revenues share in Middle East market, 2023 (%)
• Key companies Closed Cell Phenolic Foams sales in Middle East market, 2019-2024 (Estimated),
• Key companies Closed Cell Phenolic Foams sales share in Middle East market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Middle East and country-wise market of Closed Cell Phenolic Foams
• It describes present situation, historical background and future forecast
• Comprehensive data showing Closed Cell Phenolic Foams capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Closed Cell Phenolic Foams manufacturers
• Closed Cell Phenolic Foams forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
Table of content
1 Market Overview
1.1 Product Overview and Scope of Closed Cell Phenolic Foams
1.2 Segment by Type
1.2.1 Middle East Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Thickness below 40 mm
1.2.3 40 to 80 mm
1.2.4 Thickness Above 80 mm
1.3 Segment by Application
1.3.1 Middle East Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Commercial
1.3.3 Residential
1.4 Middle East Market Growth Prospects
1.4.1 Middle East Revenue Estimates and Forecasts (2019-2030)
1.4.2 Middle East Production Estimates and Forecasts (2019-2030)
2 Middle East Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3 Market Competition by Manufacturers
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