Market Overview:
The Global Spray Polyurathanes Foam (SPF) Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for SPF in residential and commercial buildings across the globe. Closed-cell SPF is expected to witness higher growth as compared to open-cell SPF, owing to its superior thermal insulation properties and resistance against moisture infiltration. Asia Pacific is projected to be the fastest growing region for the global spray polyurethanes foam market during the forecast period, followed by Europe and North America.
 Industry Outlook.svg)
Product Definition:
A spray polyurethane foam (SPF) is a type of insulation that is sprayed on to surfaces. It is made up of two components, an isocyanate and a polyol. When these are mixed together, they react and form tiny bubbles that expand and fill the spaces between cells in the material being sprayed. This creates an insulating layer that can help to reduce heat loss or gain.
Open-Cell (low density):
Open-cell (low density) polyurethane foam is a type of foamed plastic. It has the ability to be easily compressed into thin layers, which makes it an ideal material for use in packaging applications such as food and beverages. Open-cell (low density) polyurethane foam is also used in various other industries including transportation, building & construction, furniture & bedding and consumer products owing to its properties such as lightweight, durability and insulation.
Closed-Cell (medium density):
Closed-cell (medium density) polyurethane foam is a type of polyurethane foam with closed cells, which means the individual molecules are joined by strong bonds. This makes the material denser than open-cell or low-density foams. Medium density foams have a higher compressive strength and energy absorption capacity as compared to low and high density foams.
Application Insights:
Commercial buildings segment led the global spray polyurathanes foam market in 2017, accounting for more than 60.0% share of the overall revenue. The growth can be attributed to increasing construction activities of commercial buildings, especially in emerging economies such as China and India. In addition, rising demand for high-quality building materials that are lightweight and easy to install is expected to boost product consumption over the forecast period.
Residential buildings application segment is anticipated to witness significant growth over the forecast period owing to growing urbanization and rising disposable income among consumers in various developing countries including China, India, Brazil etcetera., Africa etcetera., Middle East & Africa etcetera. Rising demand for residential building products that provide thermal insulation as well as improve energy efficiency is likely drive industry expansion over the coming years.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017, owing to the presence of a well-established building & construction industry and increasing consumer spending on home remodeling activities. The region is expected to maintain its lead throughout the forecast period owing to growing awareness regarding energy efficiency among consumers, which will result in an increased demand for green buildings.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period due to rapid urbanization and increasing disposable income especially in China & India as a result of economic reforms by respective governments. In addition, government initiatives encouraging FDI are likely to contribute towards market growth over the next eight years from 2018’s perspective till 2030 timeframe.
The European market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for insulation in construction industry
- Rising awareness about the benefits of SPF insulation among consumers
- Growing popularity of SPF as a roofing material
- Proliferation of green building initiatives across the world
- Technological advancements in the manufacturing process of SPF
Scope Of The Report
Report Attributes
Report Details
Report Title
Spray Polyurathanes Foam (SPF) Market Research Report
By Type
Open-Cell (low density), Closed-Cell (medium density), Closed-Cell (high density)
By Application
Residential Buildings, Commercial Buildings
By Companies
BASF Corporation, Lapolla Industries, NCFI Polyurethanes, Bayer MaterialScience, Icynene Inc., Premium Spray Products, CertainTeed Corporation, Rhino Linings Corporation, The Dow Chemical Company, Demilec
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Spray Polyurathanes Foam (SPF) Market Report Segments:
The global Spray Polyurathanes Foam (SPF) market is segmented on the basis of:
Types
Open-Cell (low density), Closed-Cell (medium density), Closed-Cell (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
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 Corporation
- Lapolla Industries
- NCFI Polyurethanes
- Bayer MaterialScience
- Icynene Inc.
- Premium Spray Products
- CertainTeed Corporation
- Rhino Linings Corporation
- The Dow Chemical Company
- Demilec
 Market Overview.svg)
Highlights of The Spray Polyurathanes Foam (SPF) 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:
- Open-Cell (low density)
- Closed-Cell (medium density)
- Closed-Cell (high density)
- By Application:
- Residential Buildings
- Commercial 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 Spray Polyurathanes Foam (SPF) 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
 Market Statistics.svg)
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?
Spray polyurathanes foam (SPF) is a type of insulation that uses a foaming agent to create an airtight seal between the insulation and the surface it's applied to. This creates a barrier against moisture and pests, which helps protect your home from damage.
Some of the key players operating in the spray polyurathanes foam (spf) market are BASF Corporation, Lapolla Industries, NCFI Polyurethanes, Bayer MaterialScience, Icynene Inc., Premium Spray Products, CertainTeed Corporation, Rhino Linings Corporation, The Dow Chemical Company, Demilec.
The spray polyurathanes foam (spf) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Size & Forecast, 2018-2028
4.5.1 Spray Polyurathanes Foam (SPF) Market Size and Y-o-Y Growth
4.5.2 Spray Polyurathanes Foam (SPF) Market Absolute $ Opportunity
Chapter 5 Global Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Type
5.2.1 Open-Cell (low density)
5.2.2 Closed-Cell (medium density)
5.2.3 Closed-Cell (high density)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Applications
6.2.1 Residential Buildings
6.2.2 Commercial Buildings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Analysis and Forecast
9.1 Introduction
9.2 North America Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Type
9.6.1 Open-Cell (low density)
9.6.2 Closed-Cell (medium density)
9.6.3 Closed-Cell (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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Applications
9.10.1 Residential Buildings
9.10.2 Commercial 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 Spray Polyurathanes Foam (SPF) Analysis and Forecast
10.1 Introduction
10.2 Europe Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Type
10.6.1 Open-Cell (low density)
10.6.2 Closed-Cell (medium density)
10.6.3 Closed-Cell (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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Applications
10.10.1 Residential Buildings
10.10.2 Commercial 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 Spray Polyurathanes Foam (SPF) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Type
11.6.1 Open-Cell (low density)
11.6.2 Closed-Cell (medium density)
11.6.3 Closed-Cell (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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Applications
11.10.1 Residential Buildings
11.10.2 Commercial 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 Spray Polyurathanes Foam (SPF) Analysis and Forecast
12.1 Introduction
12.2 Latin America Spray Polyurathanes Foam (SPF) 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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Type
12.6.1 Open-Cell (low density)
12.6.2 Closed-Cell (medium density)
12.6.3 Closed-Cell (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 Spray Polyurathanes Foam (SPF) Market Size Forecast by Applications
12.10.1 Residential Buildings
12.10.2 Commercial 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) Spray Polyurathanes Foam (SPF) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spray Polyurathanes Foam (SPF) 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) Spray Polyurathanes Foam (SPF) Market Size Forecast by Type
13.6.1 Open-Cell (low density)
13.6.2 Closed-Cell (medium density)
13.6.3 Closed-Cell (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) Spray Polyurathanes Foam (SPF) Market Size Forecast by Applications
13.10.1 Residential Buildings
13.10.2 Commercial 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 Spray Polyurathanes Foam (SPF) Market: Competitive Dashboard
14.2 Global Spray Polyurathanes Foam (SPF) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF Corporation
14.3.2 Lapolla Industries
14.3.3 NCFI Polyurethanes
14.3.4 Bayer MaterialScience
14.3.5 Icynene Inc.
14.3.6 Premium Spray Products
14.3.7 CertainTeed Corporation
14.3.8 Rhino Linings Corporation
14.3.9 The Dow Chemical Company
14.3.10 Demilec
