Global Spray Polyurethane Foam Market 2024-2028
The spray polyurethane foam market is forecasted to grow by USD 1635.9 mn during 2023-2028, accelerating at a CAGR of 10.16% during the forecast period. The report on the spray polyurethane foam market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for spray polyurethane foams in construction industry, emergence of bio-based pu foams, and properties of spray polyurethane foams.
Technavio's spray polyurethane foam market is segmented as below:
By Application
- Residential
- Commercial
- Industrial
By Type
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing use of methylal and hfos as alternatives to hfcs and hcfcs as one of the prime reasons driving the spray polyurethane foam market growth during the next few years. Also, innovations in polyurethane foams and increasing product launches and expansion of manufacturing capacity by market vendors will lead to sizable demand in the market.
The report on the spray polyurethane foam market covers the following areas:
- Spray polyurethane foam market sizing
- Spray polyurethane foam market forecast
- Spray polyurethane foam market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spray polyurethane foam market vendors that include Akkim Construction Chemicals Inc., Anagha ASF LLP, Barnhardt Manufacturing Co., BASF SE, Compagnie de Saint Gobain, Covestro AG, Dow Chemical Co., Honeywell International Inc., Huntsman International LLC, Indospark Inc., Innovative Chemical Products, Isothane Ltd., Johns Manville, Sekisui Chemical Co. Ltd., Shanghai Junbond Building Materials Co. Ltd., Sika AG, SOPREMA SAS, Specialty Products Inc., Tosoh Corp., and Woodbridge Foam Corp.. Also, the spray polyurethane foam market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.