Spray Polyurethane Foam Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Spray Polyurethane Foam Market By Type (Open Cell Foam, Closed Cell Foam), Application Type (Wall, Floor, Ceilings, Attics, Roofs, Others), and Geography

 

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Report

Description

The global spray polyurethane foam market was estimated over USD 3.1 billion in 2020 and estimated to grow at a CAGR more than 6.7% during the forecast period 2021 to 2027. SPF displays greater efficiency of conservation of energy as compared to other traditional substitutes including glass and therefore partakes a reasonably lesser carbon footprint. Environmental reimbursements combined with stringent regulation imposed by government for energy effective constructions have positively influenced the market growth. Growing construction industry consequently raises the demand for SPF which thereby boosts the growth of market. However raw materials employed for the production of these foams predisposes the human body to certain health hazards such as asthma, besides fluctuation in the cost of raw materials acts as a major limitation for market growth. Because of the favourable need for housing facilities in emerging nations, the spray polyurethane foam market will be driven by this industry’s rapid growth. Initiatives by various governments throughout the world to improve public infrastructure, as well as an increase in consumer buying power, will boost the construction industry globally. Global spray polyurethane foam market report gives comprehensive outlook on spray polyurethane foam across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. in addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key players in global market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, March 2018: Huntsman International LLC acquired Demilec, a Leading North American spray polyurethane foam insulation manufacturer and distributor.

Spray Polyurethane Foam Market

MARKET SUMMARY
-
6.7% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 6.7%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Spray Polyurethane Foam Market

  • The report on global Spray Polyurethane Foam Market gives historical, current, and future market sizes (US$ Bn) on the basis of type, application type and geography.
  • Spray Polyurethane Foam Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global spray polyurethane foam market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global spray polyurethane foam products.
Key Players
  • BASF Corporation
  • Bayer MaterialScience
  • Lapolla Industries Demilec
  • NCFI Polyurethanes
  • Icynene Inc.
Dynamics

Spray Polyurethane Foam Market

Spray polyurethane foam finds a wide range of application in residential roofing, residential walls, commercial roofing, commercial walls, medical, transportation, and other. Residential roofing remained the principal application segment and is expected to show dominance in the coming years. Stringent regulations for energy efficient structures predominant in the developed economies of North America and Europe drives the residential application of SPF.Transportation, medical equipment, telecom are the other applications sectors for SPF. Increasing investment in R&D for new product development raises its demand in other niche application segments.


North-America got significant share

Spray Polyurethane Foam Market

North America appeared as the major customer of SPF and accounted for maximum share in the market. It is expected to show dominance in the coming years. Europe is anticipated to be the fastest growing region. The growth in this region can be attributed to key factor such as stringent government regulations leading to surge in reconstruction of structures. Asia Pacific is expected to grow at a moderate pace. Growing industrial reserves in the Asia Pacific region is anticipated to propel the market growth in this region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.

Key

Key Findings of the Report


Spray Polyurethane Foam Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Spray Polyurethane Foam Market Introduction
    • Global Spray Polyurethane Foam Market – Taxonomy
    • Global Spray Polyurethane Foam Market –Definitions
      • Type
      • Application
  1. Global Spray Polyurethane Foam Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Spray Polyurethane Foam Market Dynamic Factors – Impact Analysis
    • Global Spray Polyurethane Foam Market – Competition Landscape
  2. Global Spray Polyurethane Foam Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Spray Polyurethane Foam Market, By Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Open cell foam
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Closed cell foam
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Spray Polyurethane Foam Market, By Application Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Wall
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Floor
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ceilings
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Attics
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Roofs
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Spray Polyurethane Foam Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Spray Polyurethane Foam Market – Opportunity Analysis Index, By Type, Application, and Region, 2019 – 2025
  2. North America Spray Polyurethane Foam Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Open cell foam
      • Closed cell foam
    • By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Wall
      • Floor
      • Ceilings
      • Attics
      • Roofs
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Spray Polyurethane Foam Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • North America Spray Polyurethane Foam Market Dynamics – Trends
  3. Europe Spray Polyurethane Foam Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Open cell foam
      • Closed cell foam
    • By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Wall
      • Floor
      • Ceilings
      • Attics
      • Roofs
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Spray Polyurethane Foam Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • Europe Spray Polyurethane Foam Market Dynamics – Trends
  4. Asia-Pacific Spray Polyurethane Foam Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Open cell foam
      • Closed cell foam
    • By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Wall
      • Floor
      • Ceilings
      • Attics
      • Roofs
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Rest of Asia-Pacific
    • Asia-Pacific Spray Polyurethane Foam Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • Asia-Pacific Spray Polyurethane Foam Market Dynamics – Trends
  5. Latin America Spray Polyurethane Foam Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Open cell foam
      • Closed cell foam
    • By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Wall
      • Floor
      • Ceilings
      • Attics
      • Roofs
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Rest of Latin America
    • Latin America Spray Polyurethane Foam Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • Latin America Spray Polyurethane Foam Market Dynamics – Trends
  6. Middle East and Africa Spray Polyurethane Foam Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • By Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Open cell foam
      • Closed cell foam
    • By Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Wall
      • Floor
      • Ceilings
      • Attics
      • Roofs
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • South Africa
      • Gulf Cooperation Council (GCC) Countries
      • Rest of MEA
    • MEA Spray Polyurethane Foam Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • MEA Spray Polyurethane Foam Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • BASF Corporation
      • Bayer MaterialScience
      • Lapolla Industries Demilec
      • NCFI Polyurethanes
      • Icynene Inc.
      • Premium Spray Products, Inc.
      • CertainTeed Corporation
      • Rhino Linings Corporation
      • The Dow Chemical Company
      • Huntsman International LLC.
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • BASF Corporation
  • Bayer MaterialScience
  • Lapolla Industries Demilec
  • NCFI Polyurethanes
  • Icynene Inc.
  • Premium Spray Products, Inc.
  • CertainTeed Corporation
  • Rhino Linings Corporation
  • The Dow Chemical Company
  • Huntsman International LLC

Description

The global spray polyurethane foam market was estimated over USD 3.1 billion in 2020 and estimated to grow at a CAGR more than 6.7% during the forecast period 2021 to 2027. SPF displays greater efficiency of conservation of energy as compared to other traditional substitutes including glass and therefore partakes a reasonably lesser carbon footprint. Environmental reimbursements combined with stringent regulation imposed by government for energy effective constructions have positively influenced the market growth. Growing construction industry consequently raises the demand for SPF which thereby boosts the growth of market. However raw materials employed for the production of these foams predisposes the human body to certain health hazards such as asthma, besides fluctuation in the cost of raw materials acts as a major limitation for market growth. Because of the favourable need for housing facilities in emerging nations, the spray polyurethane foam market will be driven by this industry’s rapid growth. Initiatives by various governments throughout the world to improve public infrastructure, as well as an increase in consumer buying power, will boost the construction industry globally. Global spray polyurethane foam market report gives comprehensive outlook on spray polyurethane foam across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. in addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key players in global market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, March 2018: Huntsman International LLC acquired Demilec, a Leading North American spray polyurethane foam insulation manufacturer and distributor.

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