Market Overview:
The global closed cell spray foam market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and green buildings, rising awareness about the benefits of using closed cell spray foam, and growing construction activities across the globe. The low density segment is projected to lead the global closed cell spray foam market during the forecast period. This segment is expected to grow at a CAGR of 7% from 2018 to 2030. The high density segment is projected to grow at a CAGR of 5% from 2018to 2030.
Product Definition:
Closed cell spray foam is a type of insulation that is made up of small, closed cells that are filled with air or gas. This type of insulation is important because it can help to prevent moisture and air infiltration, which can lead to energy loss and poor indoor air quality.
Low Density:
Low density is a type of polyurethane foam that is manufactured using either of the two basic raw materials, namely urethane and foaming agents. Low-density polyurethane (SPF) spray foam is used in various end-use industries including construction, automotive & transportation, appliances & furniture and consumer goods.
Medium Density:
Medium Density Polyurethane (PU) is a closed-cell spray foam insulation material that is manufactured using two components, i.e. polyol and catalyst. It has high thermal efficiency, excellent mechanical strength and energy absorption characteristics making it suitable for use in various industries including construction, automotive & transportation along with furniture & bedding among others.
The global medium density.
Application Insights:
The demand for the product is expected to be driven by its application in several end-use industries including construction, automotive, furniture and appliances. In construction industry, closed cell spray foam is used as insulation material in residential as well as commercial buildings. The growing infrastructural development activities coupled with rising urbanization are anticipated to drive the segment growth over the forecast period.
In addition, increasing penetration of energy-efficient products such as high-performance insulations materials that provide thermal resistance against heat flow from inside to outside along with excellent moisture resistance is projected to fuel the demand for closed cell spray foam over next eight years. Increasing applications of these products due to their superior characteristics such as durability and efficiency are also likely to propel market growth during this period of time.
Closed cell SPF foams have a lower density comparedto opencell foams which makes them suitable for use in industrial building applications where low weight.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the presence of a well-established construction industry and increasing demand from end-use industries such as residential buildings, commercial buildings, and industrial facilities. The region is expected to maintain its dominance throughout the forecast period on account of growing infrastructure requirements resulting from rising population coupled with stringent government regulations regarding energy efficiency in newly constructed structures.
Asia Pacific is anticipated to register significant growth over the forecast period owing to rapid urbanization along with increasing per capita income levels that are leading towards higher spending on house remodeling activities, which will augment market growth. In addition, supportive government initiatives aimed at encouraging private investments in affordable housing projects are likely to contribute significantly towards regional product demand during the projected timeframe – 2030 (est.).
Growth Factors:
- Increasing demand for energy-efficient and green buildings
- Growing awareness about the benefits of ccSPF insulation
- Rising construction spending in developing countries
- Proliferation of do-it-yourself (DIY) home improvement projects
- Technological advancements that improve the performance and efficiency of ccSPF
Scope Of The Report
Report Attributes
Report Details
Report Title
Closed Cell Spray Foam(ccSPF) Market Research Report
By Type
Low Density, Medium Density, High Density
By Application
Residential Buildings, Commercial Buildings, Industrial Buildings
By Companies
BASF, Lapolla Industries, Demilec, Covestro, Premium Spray Products, The Dow Chemical Company, NCFI Polyurethans, Icynene, Rhino Linings Corporation, Certain Teed Corporation, BASF, Puracell Spray Foam Insulation, Profoam Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Closed Cell Spray Foam(ccSPF) Market Report Segments:
The global Closed Cell Spray Foam(ccSPF) market is segmented on the basis of:
Types
Low Density, Medium Density, High Density
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Buildings, Commercial Buildings, Industrial Buildings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Lapolla Industries
- Demilec
- Covestro
- Premium Spray Products
- The Dow Chemical Company
- NCFI Polyurethans
- Icynene
- Rhino Linings Corporation
- Certain Teed Corporation
- BASF
- Puracell Spray Foam Insulation
- Profoam Corporation
Highlights of The Closed Cell Spray Foam(ccSPF) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Density
- Medium Density
- High Density
- By Application:
- Residential Buildings
- Commercial Buildings
- Industrial Buildings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Closed Cell Spray Foam(ccSPF) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Closed cell spray foam is a type of insulation that uses a closed-cell structure to prevent air and moisture from entering the material. This makes it an effective choice for areas where there is potential for moisture damage, such as in crawl spaces or under flooring.
Some of the key players operating in the closed cell spray foam¯â¼ë†ccspf¯â¼â€° market are BASF, Lapolla Industries, Demilec, Covestro, Premium Spray Products, The Dow Chemical Company, NCFI Polyurethans, Icynene, Rhino Linings Corporation, Certain Teed Corporation, BASF, Puracell Spray Foam Insulation, Profoam Corporation.
The closed cell spray foamƒ¯‚¼‹€ ccspfƒ¯‚¼¢‚¬° market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Closed Cell Spray Foam(ccSPF) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Closed Cell Spray Foam(ccSPF) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Closed Cell Spray Foam(ccSPF) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Closed Cell Spray Foam(ccSPF) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Closed Cell Spray Foam(ccSPF) Market Size & Forecast, 2018-2028 4.5.1 Closed Cell Spray Foam(ccSPF) Market Size and Y-o-Y Growth 4.5.2 Closed Cell Spray Foam(ccSPF) Market Absolute $ Opportunity
Chapter 5 Global Closed Cell Spray Foam(ccSPF) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Closed Cell Spray Foam(ccSPF) Market Size Forecast by Type
5.2.1 Low Density
5.2.2 Medium Density
5.2.3 High Density
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Closed Cell Spray Foam(ccSPF) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Closed Cell Spray Foam(ccSPF) Market Size Forecast by Applications
6.2.1 Residential Buildings
6.2.2 Commercial Buildings
6.2.3 Industrial Buildings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Closed Cell Spray Foam(ccSPF) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Closed Cell Spray Foam(ccSPF) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Closed Cell Spray Foam(ccSPF) Analysis and Forecast
9.1 Introduction
9.2 North America Closed Cell Spray Foam(ccSPF) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Closed Cell Spray Foam(ccSPF) Market Size Forecast by Type
9.6.1 Low Density
9.6.2 Medium Density
9.6.3 High Density
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Closed Cell Spray Foam(ccSPF) Market Size Forecast by Applications
9.10.1 Residential Buildings
9.10.2 Commercial Buildings
9.10.3 Industrial Buildings
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Closed Cell Spray Foam(ccSPF) Analysis and Forecast
10.1 Introduction
10.2 Europe Closed Cell Spray Foam(ccSPF) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Closed Cell Spray Foam(ccSPF) Market Size Forecast by Type
10.6.1 Low Density
10.6.2 Medium Density
10.6.3 High Density
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Closed Cell Spray Foam(ccSPF) Market Size Forecast by Applications
10.10.1 Residential Buildings
10.10.2 Commercial Buildings
10.10.3 Industrial Buildings
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Closed Cell Spray Foam(ccSPF) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Closed Cell Spray Foam(ccSPF) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Closed Cell Spray Foam(ccSPF) Market Size Forecast by Type
11.6.1 Low Density
11.6.2 Medium Density
11.6.3 High Density
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Closed Cell Spray Foam(ccSPF) Market Size Forecast by Applications
11.10.1 Residential Buildings
11.10.2 Commercial Buildings
11.10.3 Industrial Buildings
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Closed Cell Spray Foam(ccSPF) Analysis and Forecast
12.1 Introduction
12.2 Latin America Closed Cell Spray Foam(ccSPF) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Closed Cell Spray Foam(ccSPF) Market Size Forecast by Type
12.6.1 Low Density
12.6.2 Medium Density
12.6.3 High Density
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Closed Cell Spray Foam(ccSPF) Market Size Forecast by Applications
12.10.1 Residential Buildings
12.10.2 Commercial Buildings
12.10.3 Industrial Buildings
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Closed Cell Spray Foam(ccSPF) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Closed Cell Spray Foam(ccSPF) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Closed Cell Spray Foam(ccSPF) Market Size Forecast by Type
13.6.1 Low Density
13.6.2 Medium Density
13.6.3 High Density
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Closed Cell Spray Foam(ccSPF) Market Size Forecast by Applications
13.10.1 Residential Buildings
13.10.2 Commercial Buildings
13.10.3 Industrial Buildings
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Closed Cell Spray Foam(ccSPF) Market: Competitive Dashboard
14.2 Global Closed Cell Spray Foam(ccSPF) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Lapolla Industries
14.3.3 Demilec
14.3.4 Covestro
14.3.5 Premium Spray Products
14.3.6 The Dow Chemical Company
14.3.7 NCFI Polyurethans
14.3.8 Icynene
14.3.9 Rhino Linings Corporation
14.3.10 Certain Teed Corporation
14.3.11 BASF
14.3.12 Puracell Spray Foam Insulation
14.3.13 Profoam Corporation