Market Overview:
The global spray polyurethane foam market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for spray polyurethane foam in various applications, such as industrial, commercial, and residential applications. In terms of type, the open-cell segment is expected to dominate the global spray polyurethane foam market during the forecast period. This can be attributed to its properties such as high thermal insulation and sound absorption capacity.
Product Definition:
spray polyurethane foam: a type of insulation that is sprayed in place, often used in roofs.
Open-Cell:
Open-cell is a type of foam that contains air cells or cavities. These cells are larger than the average cell and they have no walls around them, hence the open-cell structure. The size of these cells varies from small to large, depending upon the density required by application. Open cell foams possess superior properties such as energy absorption capacity and shock absorption ability which makes it suitable for use in various industries including transportation & automotive, consumer goods & electronics manufacturing among others.
Closed-Cell:
Closed-cell is a type of polyurethane foam, which contains cells that are completely sealed from each other. This cell structure makes the material stiffer and less flexible than open-cell foam. Closed-cell foams have applications in various industries including construction, transportation, packaging and furniture among others.
Application Insights:
The demand for SPUF in construction industry was valued at USD 5.0 billion in 2017 and is expected to witness significant growth owing to its properties such as lightweight, high insulation value, flexibility & resilience which make it suitable for cold climate applications. The product is used extensively in the residential sector owing to its excellent soundproofing characteristics which makes it a favorable choice among others such as carpet flooring and acoustic solutions.
Spray polyurethane foams are also used extensively in industrial applications including noise barriers, vibration dampeners, thermal insulation etc., on account of their superior strength-to-weight ratio and durability against mechanical damage. They are widely utilized for manufacturing gymnasium floors due to their shock absorption ability along with comfort features that make them ideal for playing surfaces.
Regional Analysis:
North America is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for PU foam in various applications including industrial, commercial, and residential. Increasing construction activities in this region are also likely to boost product demand. In addition, growing automotive industry will further drive the market growth in North America.
Asia Pacific is anticipated to witness significant rise owing to rapid urbanization and industrialization across countries such as China, India Japan Malaysia Indonesia Thailand Philippines Vietnam Korea etc., which will lead into an increase in consumption of spray polyurethane foam products over next eight years The Middle East & Africa region is projected grow at a lucrative rate due its huge construction industry coupled with rising number of hotels and offices especially Dubai Saudi Arabia Kuwait etc.
Growth Factors:
- Increasing demand for energy-efficient and green buildings: The global market for spray polyurethane foam is expected to grow at a CAGR of more than 7% from 2016 to 2020. This growth can be attributed to the increasing demand for energy-efficient and green buildings, as SPF helps in improving the insulation properties of a building, thus reducing its energy consumption.
- Rising construction spending in emerging economies: The construction spending in emerging economies is projected to grow at a faster pace than that of developed countries, which will result in an increase in the demand for SPF products over the next few years.
- Growing popularity of spray polyurethane foam roofing: Spray polyurethane foam roofing is becoming increasingly popular due to its many advantages such as superior insulation properties, resistance to weather conditions, and low maintenance requirements. This is likely to boost the growth of the global spray polyurethane foam market during the forecast period.
- Proliferation of smart homes: With technological advancements leading to proliferation of smart homes, there is an increasing need for better insulation solutions that can help reduce energy consumption significantly. This presents a major opportunity for players operating in the global spray polyurethane foam market . 5) Stringent regulations on thermal performance standards: Governments across various regions are implementing stringent regulations on thermal performance standards mandating builders and homeowners use better insulation materials such as SPF products
Scope Of The Report
Report Attributes
Report Details
Report Title
Spray Polyurethane Foam Market Research Report
By Type
Open-Cell, Closed-Cell
By Application
Industrial, Commercial, Residential, Others
By Companies
BASF, DowDuPont, Honeywell International, Specialty Products, Lapolla Industries, Huntsman (Demilec), Henry, Contego International, Tagos Srl, Isothane, Tecnopol, Johns Manville, Accella Polyurethane Systems (Premium Spray Products)
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Spray Polyurethane Foam Market Report Segments:
The global Spray Polyurethane Foam market is segmented on the basis of:
Types
Open-Cell, Closed-Cell
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
Industrial, Commercial, Residential, Others
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
- DowDuPont
- Honeywell International
- Specialty Products
- Lapolla Industries
- Huntsman (Demilec)
- Henry
- Contego International
- Tagos Srl
- Isothane
- Tecnopol
- Johns Manville
- Accella Polyurethane Systems (Premium Spray Products)
Highlights of The Spray Polyurethane Foam 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
- Closed-Cell
- By Application:
- Industrial
- Commercial
- Residential
- Others
- 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 Polyurethane Foam 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?
Spray polyurethane foam (SPF) is a type of insulation that is sprayed onto walls, ceilings and other surfaces. SPF uses a water-based solution to create an airtight seal between the foam and the surface it's applied to. This creates an insulating barrier that can help reduce energy costs in your home by trapping heat inside the structure.
Some of the major companies in the spray polyurethane foam market are BASF, DowDuPont, Honeywell International, Specialty Products, Lapolla Industries, Huntsman (Demilec), Henry, Contego International, Tagos Srl, Isothane, Tecnopol, Johns Manville, Accella Polyurethane Systems (Premium Spray Products).
The spray polyurethane foam market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spray Polyurethane Foam Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spray Polyurethane Foam Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spray Polyurethane Foam Market - Supply Chain
4.5. Global Spray Polyurethane Foam Market Forecast
4.5.1. Spray Polyurethane Foam Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spray Polyurethane Foam Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spray Polyurethane Foam Market Absolute $ Opportunity
5. Global Spray Polyurethane Foam Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spray Polyurethane Foam Market Size and Volume Forecast by Type
5.3.1. Open-Cell
5.3.2. Closed-Cell
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spray Polyurethane Foam Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spray Polyurethane Foam Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Residential
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spray Polyurethane Foam Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spray Polyurethane Foam Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spray Polyurethane Foam Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spray Polyurethane Foam Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spray Polyurethane Foam Demand Share Forecast, 2019-2026
9. North America Spray Polyurethane Foam Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spray Polyurethane Foam Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spray Polyurethane Foam Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.4.3. Residential
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spray Polyurethane Foam Market Size and Volume Forecast by Type
9.7.1. Open-Cell
9.7.2. Closed-Cell
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spray Polyurethane Foam Demand Share Forecast, 2019-2026
10. Latin America Spray Polyurethane Foam Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spray Polyurethane Foam Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spray Polyurethane Foam Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.4.3. Residential
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spray Polyurethane Foam Market Size and Volume Forecast by Type
10.7.1. Open-Cell
10.7.2. Closed-Cell
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spray Polyurethane Foam Demand Share Forecast, 2019-2026
11. Europe Spray Polyurethane Foam Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spray Polyurethane Foam Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spray Polyurethane Foam Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.4.3. Residential
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spray Polyurethane Foam Market Size and Volume Forecast by Type
11.7.1. Open-Cell
11.7.2. Closed-Cell
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spray Polyurethane Foam Demand Share, 2019-2026
12. Asia Pacific Spray Polyurethane Foam Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spray Polyurethane Foam Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spray Polyurethane Foam Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.4.3. Residential
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spray Polyurethane Foam Market Size and Volume Forecast by Type
12.7.1. Open-Cell
12.7.2. Closed-Cell
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spray Polyurethane Foam Demand Share, 2019-2026
13. Middle East & Africa Spray Polyurethane Foam Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spray Polyurethane Foam Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spray Polyurethane Foam Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.4.3. Residential
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spray Polyurethane Foam Market Size and Volume Forecast by Type
13.7.1. Open-Cell
13.7.2. Closed-Cell
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spray Polyurethane Foam Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spray Polyurethane Foam Market: Market Share Analysis
14.2. Spray Polyurethane Foam Distributors and Customers
14.3. Spray Polyurethane Foam Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Specialty Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lapolla Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Huntsman (Demilec)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Henry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Contego International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tagos Srl
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Isothane
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tecnopol
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Johns Manville
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Accella Polyurethane Systems (Premium Spray Products)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
