Foam Bricks Market

Foam bricks are packaging solutions prominently made from expanded polystyrene foam and cut in brick shape to better suit packaging requirements. EPS (Expanded Polystyrene) is highly preferred for the manufacturing of foam bricks due to its mechanical shock absorption properties and low cost. The anti-static property of foam bricks has extended its usage in the electrical and electronics industry. Furthermore, foam bricks not only provide shock resistance but also draw away the static charge and eliminate the possibility of electrostatic leakage.

Global Foam Bricks Market: Dynamics

The foam bricks market is expected to witness significant growth on the backdrop of the rising demand for lightweight and tough protective packaging solutions around the globe. In order to protect products, manufacturers, retailers and logistic service providers use large volumes of protective packaging such as foam bricks, which decrease the waste material left over after the delivering or unpacking of products. Furthermore, consumers are also preferring foam bricks for the building and construction of walls and roofs. In 2018, Sealed Air Corporation acquired AFP, Inc., a manufacturer and fabricator of foam products such as polyethylene foam, expanded polystyrene foam and polyurethane foam.

On the other hand, the foam bricks market growth is expected to be hindered by the strict norms and regulations related to the usage and disposal of plastic.

Global Foam Bricks Market: Segmentation

The global foam bricks market has been segmented on the basis of material type, fabrication process, application and end use. The pricing for foam bricks has been represented in US$ Million, and the volume has been represented in Tonnes.

Global Foam Bricks Market: Regional Overview

In North America, the U.S. is anticipated to lead the foam bricks market, owing to the extensive use of foam bricks in building and construction. In the Asia Pacific region, India and China are expected to witness significant growth. Significant growth of the foam bricks market in India and China can be attributed to the rising demand for lightweight protective packaging solutions, such as foam bricks, in emerging economies. On the other market, the Europe foam bricks market is anticipated to witness slow growth during the forecast period.

Global Foam Bricks Market: Market Participants

A few of the key players in the foam bricks market are Sonoco Products Co., FloraCraft Corporation, Cold Ice, Inc., Cold Chain Technologies, Inc., Plastifoam Company, Rogers Foam Corporation, Volk Packaging Corporation, Wisconsin Foam Products, Tucson Container Corporation (TCC), Sealed Air Corporation, UFP Technologies, Inc., and Foamcraft, Inc. Some of the local and unorganized players are also anticipated to contribute to the growth of the foam bricks market during the forecast period.

The report on the foam bricks market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report on the foam bricks market provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The foam bricks market report also maps the qualitative impact of various market factors on market segments and geographies.

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