Global Bio-Based Foam market is anticipated to grow significantly through 2028 due to the growing demand from E-Commerce sector. In 2021, the number of people participating in e-commerce are around 502 million in Europe.

The extensive usage of bio-based foam packaging in end-use sectors including food and beverage, healthcare, and automotive is the outcome of a progressive global shift from synthetic to biodegradable materials. Restrictions placed on the use of petroleum-based materials in specific end use applications are anticipated to further encourage the development of bio-based foam results in the growth of Global Bio-Based Foam market in the forecast period.

Quickly Rise up E-Commerce Industry

Growing E-Commerce is anticipated to fuel demand for bio-based foam packaging, which has been used to package goods like electronics, cars, and other goods in forecast years. Over the course of the forecast period, the market for bio-based foam packaging is likely to expand due to the enormous increase in the E-Commerce sector.

For instance, according to ET prime, B2B e-commerce platform Udaan shipped over USD 1.7 Bn products in 2022.

Therefore, this segment leads the growth of Global Bio-Based Foam Market in the upcoming years.

Sugarcane Will Continue to Be a Key Raw Material

The collection and transportation of trash for reprocessing are complicated by the fact that foams are mostly made from frothy and bulky gasoline. As a result, demand for bio-based foam will rise. In terms of raw materials, sugarcane is the bio-based product that is majorly used to make bio-based foam and is predicted to lead the market for bio-based foam packaging.

For instance, in October 2022, Braskem invested over USD 60 million to boost the production of its I'm green biopolymer, a bioplastic made from sugarcane.

Such efforts to attain carbon neutrality would increase the usage of sugarcane biopolymers in all types of foams, which will improve the outlook for the sector. Therefore, shifting toward bio-based feedstock to produce foam increasing the demand of Global Bio-Based Foam market during the projected period.

Growing Demand from End Use Industries

Manufacturers of bio-based foam use a variety of chemicals to enhance the moisture resistance, UV protection, and fire-retardant qualities of construction materials. Different programs have been created by regulatory agencies all around the world to encourage green buildings. Such activities will increase demand for bio-based foam insulation in the building industry for applications such as noise abatement and shock absorption.

For instance, the Energy Conservation Building Code and other programs were established by the Indian government to encourage the construction of energy-efficient structures.

The need for bio-based foam rises as more cars are manufactured in the automotive sector. Since bio-based foams are utilized to improve comfort, vehicle efficiency, protection, energy efficient and are easily biodegradable which leads to increase in demand for this type of foam for packaging purposes which led to increase the demand of Global Bio-Based Foam market in the forecast years.

Recent Developments

  • In November 2022, Huntsman launch of ACOUSTIFLEX® VEF BIO system (foam technology) for molded acoustic applications in the automotive industry.
  • Huntsman Co. signed MOU with KEEN Inc. for production of line of shoes on the plant-based soles in February 2022.
  • In February 2022, Sealed Air Co. buy Foxpack Flexibles Limited.
  • For the mobility industry, Huntsman offers a variety of bio-based foam technologies in August 2019.


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Market Segmentation

Global Bio-Based Foam Market is segmented based on raw material, type, end use industry, and region. Based on raw material, the market is categorized into corn, sugarcane, soy, and others. Based on type, the market is fragmented into rigid and flexible. Based on end use industry, the market is segregated into building & construction, packaging, automotive, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Company Profiles

Woodbridge Corporation, EVA GLORY Industrial Co., Ltd, BASF SE, Cargill Inc., BEWi ASA, Stora Enso Oyj, Trocellen GmbH, Lifoam Industries, LLC, Huntsman Corporation, Foamite Industries Inc. are some of the key players of Global Bio-Based Foam Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Raw Material

Type

End Use Industry

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States; Mexico; Canada; France; Germany; United Kingdom; Spain; Italy; Belgium; China; India; South Korea; Japan; Malaysia; Brazil; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

Woodbridge Corporation, EVA GLORY Industrial Co., Ltd, BASF SE, Cargill Inc., BEWi ASA, Stora Enso Oyj, Trocellen GmbH, Lifoam Industries, LLC, Huntsman Corporation, Foamite Industries Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Bio-Based Foam market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • Bio-Based Foam Market, By Raw Material:
    • Corn
    • Sugarcane
    • Soy
    • Others
  • Bio-Based Foam Market, By Type:
    • Rigid
    • Flexible
  • Bio-Based Foam Market, By End Use Industry:
    • Building & Construction
    • Packaging
    • Automotive
    • Others
  • Bio-Based Foam Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
      • Belgium
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Malaysia
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in global Bio-Based Foam market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Bio-Based Foam Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Bio-Based Foam Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Raw Material (Corn, Sugarcane, Soy, Others)

5.2.2.    By Type (Rigid and Flexible)

5.2.3.    By End Use Industry (Building & Construction, Packaging, Automotive, Others)

5.2.4.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.5.    By Company (2022)

5.3.  Market Map

5.3.1.    By Raw Material

5.3.2.    By Type

5.3.3.    By End Use Industry

5.3.4.    By Region

6.    North America Bio-Based Foam Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Raw Material

6.2.2.    By Type

6.2.3.    By End Use Industry

6.2.4.    By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.    United States Bio-Based Foam Market Outlook

6.4.1.1.        Market Size & Forecast

6.4.1.1.1.           By Value & Volume

6.4.1.2.        Market Share & Forecast

6.4.1.2.1.           By Raw Material

6.4.1.2.2.           By Type

6.4.1.2.3.           By End Use Industry

6.4.2.    Mexico Bio-Based Foam Market Outlook

6.4.2.1.        Market Size & Forecast

6.4.2.1.1.           By Value & Volume

6.4.2.2.        Market Share & Forecast

6.4.2.2.1.           By Raw Material

6.4.2.2.2.           By Type

6.4.2.2.3.           By End Use Industry

6.4.3.    Canada Bio-Based Foam Market Outlook

6.4.3.1.        Market Size & Forecast

6.4.3.1.1.           By Value & Volume

6.4.3.2.        Market Share & Forecast

6.4.3.2.1.           By Raw Material

6.4.3.2.2.           By Type

6.4.3.2.3.           By End Use Industry

7.    Europe Bio-Based Foam Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Raw Material

7.2.2.    By Type

7.2.3.    By End Use Industry

7.2.4.    By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.    France Bio-Based Foam Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.           By Value & Volume

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.           By Raw Material

7.4.1.2.2.           By Type

7.4.1.2.3.           By End Use Industry

7.4.2.    Germany Bio-Based Foam Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.           By Value & Volume

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.           By Raw Material

7.4.2.2.2.           By Type

7.4.2.2.3.           By End Use Industry

7.4.3.    United Kingdom Bio-Based Foam Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.           By Value & Volume

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.           By Raw Material

7.4.3.2.2.           By Type

7.4.3.2.3.           By End Use Industry

7.4.4.    Spain Bio-Based Foam Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.           By Value & Volume

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.           By Raw Material

7.4.4.2.2.           By Type

7.4.4.2.3.           By End Use Industry

7.4.5.    Italy Bio-Based Foam Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.           By Value & Volume

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.           By Raw Material

7.4.5.2.2.           By Type

7.4.5.2.3.           By End Use Industry

7.4.6.    Belgium Bio-Based Foam Market Outlook

7.4.6.1.        Market Size & Forecast

7.4.6.1.1.           By Value & Volume

7.4.6.2.        Market Share & Forecast

7.4.6.2.1.           By Raw Material

7.4.6.2.2.           By Type

7.4.6.2.3.           By End Use Industry

8.    Asia-Pacific Bio-Based Foam Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Raw Material

8.2.2.    By End Use Industry

8.2.3.    By Type

8.2.4.    By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.    China Bio-Based Foam Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.           By Value & Volume

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.           By Raw Material

8.4.1.2.2.           By Type

8.4.1.2.3.           By End Use Industry

8.4.2.    India Bio-Based Foam Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.           By Value & Volume

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.           By Raw Material

8.4.2.2.2.           By Type

8.4.2.2.3.           By End Use Industry

8.4.3.    South Korea Bio-Based Foam Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.           By Value & Volume

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.           By Raw Material

8.4.3.2.2.           By Type

8.4.3.2.3.           By End Use Industry

8.4.4.    Japan Bio-Based Foam Market Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.           By Value & Volume

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.           By Raw Material

8.4.4.2.2.           By Type

8.4.4.2.3.           By End Use Industry

8.4.5.    Malaysia Bio-Based Foam Market Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.           By Value & Volume

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.           By Raw Material

8.4.5.2.2.           By Type

8.4.5.2.3.           By End Use Industry

9.    South America Bio-Based Foam Market Outlook