US Closed Cell Foam Market Research Report: By Type (General, Fire Retardent, Other) and By Application (Indoor Signage, Modeling) - Forecast to 2035

US Closed Cell Foam Market Overview

The US Closed Cell Foam Market Size was estimated at 456.96 (USD Million) in 2023. The US Closed Cell Foam Industry is expected to grow from 500(USD Million) in 2024 to 1,200 (USD Million) by 2035. The US Closed Cell Foam Market CAGR (growth rate) is expected to be around 8.284% during the forecast period (2025 - 2035).

Key US Closed Cell Foam Market Trends Highlighted

The US Closed Cell Foam Market is witnessing several important trends that are shaping its landscape. One of the key market drivers is the increasing demand from various industries, including construction, automotive, and packaging. This foam type offers superior insulation, protective packaging, and buoyancy, making it highly sought after in sectors where performance and efficiency are essential.

Additionally, the growing focus on energy efficiency and environmental sustainability in the United States is propelling the growth of closed cell foam, as it provides excellent thermal insulation, thereby reducing energy consumption and associated costs. Opportunities to be explored include the adaptation of closed cell foam in emerging applications, notably in sectors such as medical devices and aerospace.

As innovation continues to evolve, manufacturers are investing in the development of advanced closed cell foam solutions tailored to meet specific industry requirements. Moreover, advancements in manufacturing techniques are leading to greater customization and improved material performance, creating new avenues for market expansion.

Recently, there has been a noticeable trend in the increased awareness of health and safety regulations pertaining to materials used in construction and packaging. As the demand for protective materials continues to grow, closed cell foam is becoming a preferred choice due to its resistant properties against moisture, mold, and chemicals.

Additionally, the rise in outdoor recreational activities in the US is driving demand for closed cell foam in products such as camping gear, flotation devices, and athletic equipment. As a result, manufacturers are adapting to these trends by enhancing product offerings and focusing on sustainability, thus positioning themselves advantageously in the US Closed Cell Foam Market.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US Closed Cell Foam Market Drivers

Growing Demand from the Automotive Industry

The US Closed Cell Foam Market Industry is experiencing significant growth due to increasing demand from the automotive sector. The automotive industry is projected to grow by 1.7% annually through 2026, leading manufacturers like Ford Motor Company and General Motors to invest heavily in lightweight materials that enhance fuel efficiency.

Closed cell foam is favored in vehicle manufacturing for its lightweight properties and excellent sound insulation, which aligns with the industry’s shift towards more efficient and quieter vehicles. The U.S. Department of Transportation has noted that reducing vehicle weight can improve fuel economy by 6% for every 10% reduction in vehicle weight.

This trend is expected to substantially fuel the demand for closed cell foam in automotive applications, further propelling the growth of the US Closed Cell Foam Market.

Expansion in Construction Applications

The construction industry in the US is continuously expanding, with projected growth driven by increasing investments in residential and commercial real estate. According to the US Census Bureau, total construction spending reached over USD 1.6 trillion in 2020, marking an increase of approximately 4% year-over-year.

Closed cell foam is increasingly used in insulation and sealing applications, providing superior energy efficiency and moisture resistance. The U.S. Department of Energy endorses the use of advanced insulation materials, highlighting that proper insulation can reduce energy consumption in buildings by up to 50%.

This significant potential for energy savings is making closed cell foam more appealing, solidifying its place in the growing US Closed Cell Foam Market.

Rising Awareness of Energy Efficiency

With increasing energy costs, there is a heightened awareness regarding energy efficiency among both consumers and businesses in the United States. The Energy Information Administration has reported a steady increase in residential energy consumption, which emphasizes the need for energy-efficient solutions.

Closed cell foam not only offers excellent thermal insulation but also contributes to energy conservation by minimizing heat loss. Organizations such as the Environmental Protection Agency support the use of high-performance insulating materials, reinforcing the necessity for products that enhance energy efficiency in homes and commercial buildings.

This increasing awareness is driving growth in the US Closed Cell Foam Market as more consumers and businesses seek solutions to lower their energy consumption.

US Closed Cell Foam Market Segment Insights

Closed Cell Foam Market Type Insights

The US Closed Cell Foam Market has exhibited substantial development, particularly within its Type segmentation, which includes General, Fire Retardant, and Other categories. The General type has gained considerable traction due to its versatile applications across various industries such as automotive, packaging, and construction.

This versatility allows it to cater to the specific needs of diverse sectors, thereby fostering a significant demand within the market. Meanwhile, Fire Retardant closed cell foam stands out for its critical role in enhancing safety standards, especially in industries where fire risks are prevalent, such as construction and manufacturing.

The growing awareness and regulatory requirements pertaining to fire safety have further elevated the importance of this type. Additionally, the Other category encompasses specialized formulations and applications that address unique customer requirements, such as soundproofing, buoyancy, and thermal insulation.

This contributes to the overall diversity and adaptability of the closed cell foam market. The increasing investments in sectors like aerospace, construction, and transportation are expected to provide a favorable environment for all types of closed cell foams, propelling innovation and attracting new entrants into the market.

As a result, the demand for these diverse types of closed cell foam materials is poised for growth, reflecting broader trends in sustainability and safety.

 

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Closed Cell Foam Market Application Insights

The Application segment of the US Closed Cell Foam Market is characterized by its diverse and growing uses, particularly in Indoor Signage and Modeling. Indoor Signage employs closed cell foam due to its lightweight, durable, and moisture-resistant properties, making it an ideal material for both aesthetic and functional purposes in various spaces like retail and corporate environments.

The modeling sector benefits significantly from closed cell foam's ease of cutting and shaping, allowing for intricate designs and prototypes in industries such as architecture and manufacturing. This versatility and adaptability in both applications drive market growth, as different sectors adopt closed cell foam solutions for their specific needs.

Moreover, the increasing focus on sustainability in the US industry encourages the use of eco-friendly and recyclable materials in signage and modeling, further boosting the demand for closed cell foam solutions. The US market is also observing technological advancements that enhance the performance of closed cell foams, positioning them as a significant choice in these applications.

Overall, the import and influence of closed cell foam in Indoor Signage and Modeling showcase its critical role in the ongoing market growth in the US.

US Closed Cell Foam Market Key Players and Competitive Insights

The US Closed Cell Foam Market is characterized by intense competition as numerous players strive to enhance their market share while catering to a diverse range of applications, including insulation, marine, automotive, and packaging. This segment has seen consistent growth driven by the increasing demand for lightweight, durable, and thermally efficient materials.

As companies continue to innovate with advanced manufacturing techniques and novel product formulations, they are also focusing on sustainability and eco-friendliness, which shapes product development and marketing strategies. The competitive landscape is further influenced by factors such as pricing strategies, geographical presence, and the ability to provide customized solutions that meet the specific needs of various industries.

As such, companies in this market must remain agile and responsive to customer needs and market trends to maintain their competitive edge. General Plastics Manufacturing Company plays a pivotal role in the US Closed Cell Foam Market, known for its commitment to quality and innovation. The company has established a strong market presence through its extensive range of closed cell foam products that cater to various industries, including aerospace, defense, and automotive.

The strengths of General Plastics Manufacturing Company lie in its advanced manufacturing capabilities and the ability to create high-performance foams that offer superior insulation and shock absorption properties. The company is dedicated to meeting strict industry standards, which not only bolsters its reputation but also fosters long-term relationships with clients.

By emphasizing research and development, General Plastics Manufacturing Company is able to continuously improve its product offerings, ensuring that they remain at the forefront of technological advancements in the closed cell foam sector.

Cannon Group has established a significant footprint in the US Closed Cell Foam Market, leveraging its expertise in producing innovative foam solutions tailored to a wide variety of applications. Known for its high-performance products, Cannon Group focuses on delivering closed cell foams that exhibit excellent thermal insulation and resilience, making them ideal for sectors such as construction, personal protective equipment, and transportation.

The strengths of Cannon Group include its robust research and development capabilities, which allow the company to introduce novel products that meet evolving customer demands. Additionally, Cannon Group has actively engaged in strategic mergers and acquisitions to strengthen its market presence and broaden its product portfolio.

This approach has enabled Cannon to enhance its operational efficiency and expand its customer base in the US, driving growth while ensuring that it continues to deliver high-quality solutions in the closed cell foam market.

Key Companies in the US Closed Cell Foam Market Include

• General Plastics Manufacturing Company


• Cannon Group


• Sealed Air


• BASF


• Total


• SABIC


• Huntsman


• Armacell


• Zotefoams


• Polymer Technologies


• Infinix


• 3M


• Dow


• UFP Technologies


• Rogers Corporation

US Closed Cell Foam Market Industry Developments

In recent developments, the US Closed Cell Foam Market has witnessed significant activity among major players such as General Plastics Manufacturing Company, Cannon Group, Sealed Air, BASF, Total, SABIC, Huntsman, Armacell, Zotefoams, Polymer Technologies, Infinix, 3M, Dow, UFP Technologies, and Rogers Corporation.

Notably, in September 2023, SABIC announced an expansion of its production capacity to meet the rising demand for durable foam solutions in the automotive and construction sectors. In June 2023, Armacell launched a new product line aimed at increasing energy efficiency in insulation applications, reflecting a growing trend towards sustainability.

The market valuation has been positively impacted by an increased focus on environment-friendly materials, with estimates suggesting a compounded annual growth rate of over 5% through 2025. Regarding mergers and acquisitions, in August 2023, 3M acquired a smaller competitor to enhance its innovative offerings in foam technologies, strengthening its market position.

The last couple of years have also seen significant advancements, including the introduction of bio-based foams, responding to environmental demands, particularly highlighted during the industry forums in March 2022.

US Closed Cell Foam Market Segmentation Insights

Closed Cell Foam Market Type Outlook

• General


• Fire Retardent


• Other

Closed Cell Foam Market Application Outlook

• Indoor Signage


• Modeling

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	456.96(USD Million)
MARKET SIZE 2024	500.0(USD Million)
MARKET SIZE 2035	1200.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	8.284% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	General Plastics Manufacturing Company, Cannon Group, Sealed Air, BASF, Total, SABIC, Huntsman, Armacell, Zotefoams, Polymer Technologies, Infinix, 3M, Dow, UFP Technologies, Rogers Corporation
SEGMENTS COVERED	Type, Application
KEY MARKET OPPORTUNITIES	Rising demand in automotive applications, Growth in construction sector, Increased use in refrigeration insulation, Expanding medical device utilization, Adoption in sports equipment manufacturing
KEY MARKET DYNAMICS	Growing demand from construction sector, Increasing use in automotive applications, Rising environmental regulations, Technological advancements in production, Expanding consumer goods applications
COUNTRIES COVERED	US