Abstract
The U.S. market for polyurethane and polystyrene foam used for building and
construction has grown steadily since 2002. Professional contractors and
consumers increasingly purchased foam-based insulation products for a
multitude of energy-saving renovation projects that could offset the rising
cost of heating commercial and residential properties. But by mid-2007 as the
price of oil rose and construction slowed, the demand for the plastic foam
began to weaken. The detrimental effects of the down economy have extended to
manufacturers of foam products used for purposes other than building and
construction.
This Specialists in Business Information (SBI) report contains data and
analysis describing the U.S. market for polystyrene and polyurethane foam
products, with a specific focus on building and construction. The report
examines the state of the U.S. industry for polyurethane and polystyrene foam
construction products and how manufacturers are coping with a rapidly changing
market in which consumers increasingly crave offerings that are
environmentally friendly, innovative, and durable.
The report explores economic factors affecting polystyrene and polyurethane
foam products The report covers shipments, imports and exports, as well as the
economic and market trends driving the industry. It identifies key market
trends and dynamics, and profiles major market players, outlining their
strategies to maximize growth and profitability.
SBI' s research methodology for this report involved aggregating, synthesizing,
and analyzing data from several sources, including the U.S. government and
several third-party market research syndicated data suppliers. Historical data
relating to the manufacturing and distribution of foam products in the U.S are
culled from the U.S. Department of Commerce, the U.S. Census Bureau, and the
Bureau of Labor Statistics. Analysis of these data, including market-level
shipments, imports and exports, provide the foundation for our projections of
overall market size and growth during the next five years. Our projections
also take into account data that indirectly affects the growth of the
polystyrene and polyurethane foam market, such as information provided by the
National Association of Home Builders, Energy Information Association, and the
Home Improvement Research Institute. Simmons Market Research Bureau is our
primary source of data covering consumer trends in plastic foam products.
The shipment value has been used to indicate the market supply. Shipment
statistics are derived from the U.S. Census of Manufacturers and the Annual
Survey of Manufacturers, and are estimated and projected by SBI. We provide
historical data for 2002 through 2007 (all 2007 shipments are estimates), with
forecast data from 2008 to 2012.