MELAMINE FOAM BLOCK MARKET ANALYSIS

Melamine Foam Block MarketSize and Trends

The melamine foam block market size is expected to reach US$ 2.20 Bn by 2030, from US$ 1.29 Bn in 2022, at a CAGR of 7.9% during the forecast period. Melamine foam is a foam like material made from the thermosetting plastic polymer melamine resin. It is used for soundproofing and thermal insulation in buildings, transportation, and industry. The market is driven by the rising demand from the building and construction industry.

The melamine foam block market is segmented by type, application, end-user industry, by Production Process ,by Density, by Price Range and region. By type, the market is segmented into rigid melamine foam, semi-rigid melamine foam, and flexible melamine foam. Rigid melamine foam is expected to account for the largest share during the forecast period owing to its increasing use in construction and transportation applications.

Melamine Foam Block Market Trends

• Increasing adoption of eco-friendly insulation: There is a rising trend toward using eco-friendly insulation materials like melamine foam due to its recyclability and low VOCs. This supports market growth. For instance data from Eurostat, building construction in the EU grew by 4% from 2019 to 2021 indicating higher uptake of green building materials. With its clean production process and recyclability, melamine foam blocks are well positioned to gain market share in this growing space of eco-friendly insulation.
• Emergence of flexible melamine foam: Flexible melamine foam is an emerging trend owing to its easy installation around curved surfaces. Companies are developing flexible foam variants. For instance as per 2020 data from the U.S. International Trade Commission, imports of "other" melamine products containing flexible foam increased over 26% between 2019 to 2020, indicating rising popularity
• Growing do-it-yourself (DIY) trend: The do-it-yourself (DIY )trend among consumers for small soundproofing and insulation projects is resulting in the sale of melamine foam through retail channels. Companies are targeting DIY customers. For instance According to the Home Care Association, 54% of American households reported engaging in at least one major DIY home project in 2021.
• Advancements in manufacturing technology: Manufacturers are adopting technologies like digital printing to provide decorative finishes on melamine foam. This provides business opportunities. For instance as an example, according to a 2022 study published by PricewaterhouseCoopers on recent capital investments in US manufacturing, BASF spent $100 million between 2020-2022 to expand production capacity and introduce new manufacturing technologies at their Arizona plant that produces melamine foam blocks. These technology upgrades focused on areas like molding, trimming and product handling automation.