North America Spray Polyurethane Foam for Building & Construction Market Size - By Product Type, Type, Manufacturing Method, End-use, Distribution Channel Analysis, Share, Growth Forecast, 2024 - 2032

North America Spray Polyurethane Foam for Building & Construction Market Size

North America spray polyurethane foam for building & construction market size was valued at USD 836.2 million in 2023 and is estimated to grow at a CAGR of over 6.9% from 2024 to 2032. The North American construction market is increasingly governed by stringent energy efficiency regulations. For instance, the U.S. emphasizes energy-saving materials through the International Energy Conservation Code (IECC) and LEED (Leadership in Energy and Environmental Design) certification.
 

Spray Polyurethane Foam (SPF) is recognized for its superior thermal insulation properties, aligning well with these rigorous standards. SPF effectively reduces heat loss in winter and heat gain in summer, outperforming traditional insulation materials. Various federal, state, and local incentives, such as rebates and tax credits (e.g., Energy Star), promote the adoption of energy-efficient solutions like SPF, and drive demand for these materials. 
 

Amid the global shift towards sustainability, green building initiatives are gaining momentum in North America. Both consumers and businesses are increasingly focused on reducing their carbon footprint and energy consumption. SPF is considered a sustainable solution due to its high thermal performance, long service life, and lower environmental impact compared to other insulation materials.
 

North America Spray Polyurethane Foam for Building & Construction Market Trends

SPF technology has advanced significantly over the years, with improvements in formulations enhancing durability, performance, and installation efficiency. Modern SPF products are easier to apply, exhibit better adhesion properties, and require less maintenance. Innovations have led to the development of low-odor, low-VOC (Volatile Organic Compounds) formulas, which are safer for both installers and residents. These advancements also improve indoor air quality, making SPF a more attractive option for those concerned about environmental quality.
 

Additionally, the rise in building renovation and retrofitting projects in North America is a significant driver for SPF. As older buildings, particularly in the U.S., undergo renovations, there is an increased demand for energy-efficient insulation solutions that can modernize existing structures with minimal disruption. SPF's ability to provide both thermal insulation and air sealing in a single application makes it ideal for these projects, boosting its adoption in the renovation market.
 

Spray Polyurethane Foam for Building & Construction Market Analysis

While the North American SPF market has experienced substantial growth due to its energy efficiency and sustainability benefits, businesses face several challenges. These challenges include regulatory concerns, environmental considerations, cost factors, and technical hurdles. SPF products in North America must comply with stringent local and federal building codes and environmental regulations. For example, the U.S. EPA’s Clean Air Act, California Air Resources Board (CARB) standards, and various state-level regulations impose limits on VOC content and the use of certain chemicals in SPF formulations.
 

Compliance with these evolving regulations requires significant investment in R&D, product reformulation, and sometimes re-certification of SPF systems. Smaller manufacturers or installers may struggle to keep pace with these regulatory changes, potentially leading to market fragmentation or cost disadvantages.
 

Based on product type, the North America SPF market is segmented into open-cell, closed-cell and hybrid. The closed-cell segment accounted for revenue of around USD 447.2 million in 2023 and is estimated to grow at a CAGR of around 7.4% till 2032. Closed-cell SPF's superior R-value per inch of thickness drives its increasing market adoption. The R-value, indicating thermal resistance, ranges from 6.5 to 7 per inch for closed-cell SPF, significantly outperforming fiberglass (approximately R-3 per inch) and cellulose insulation (around R-3.5 per inch). This makes closed-cell SPF a preferred choice for energy-efficient construction.
 

As North America contends with rising energy costs and a stronger emphasis on reducing carbon footprints, the demand for highly efficient insulation materials is escalating. Closed-cell SPF ensures consistent indoor temperatures, thereby reducing the load on heating, ventilation, and air conditioning (HVAC) systems and lowering energy expenses.
 

In regions with extreme climates, such as the cold winters in Canada and the Northeastern U.S. or the hot summers in the Southwest, the high R-value of closed-cell SPF offers significant comfort and energy savings. Builders and homeowners increasingly seek insulation solutions that provide superior performance without occupying additional space. The high R-value of closed-cell SPF allows for a slimmer profile compared to traditional insulation types, which is particularly advantageous in space-constrained areas.
 

Based on the type, the North America spray polyurethane foam for building & construction market is categorized as one-component and two-component SPF. The two-component segment held around 66% of the total market share in 2023 and is anticipated to grow at a CAGR of 7.2% up to 2032. As energy efficiency gains prominence due to escalating energy costs and environmental concerns, the demand for advanced insulation solutions is on the rise.
 

The exceptional thermal resistance of two-component SPF is a significant driver, particularly in regions with extreme climates. It enhances energy efficiency by reducing heating and cooling costs, making it an attractive option for both new constructions and retrofits.
 

Homeowners, businesses, and builders are increasingly opting for two-component SPF due to its ability to create an airtight seal, thereby maximizing energy savings by minimizing air leakage around the building envelope. The growing emphasis on sustainability and carbon footprint reduction has fueled the demand for eco-friendly building materials. Two-component SPF contributes to lower energy consumption by improving insulation performance, which subsequently reduces the energy required for heating and cooling buildings. This makes two-component SPF a compelling choice for those aiming to meet green building standards or achieve certifications such as LEED (Leadership in Energy and Environmental Design).  
 

U.S. spray polyurethane foam for building & construction market size dominated around USD 667.8 million in 2023 and is estimated to grow at a CAGR of over 7.3% from 2024 to 2032. In the U.S., escalating energy costs are a primary catalyst for the increased demand for Spray Polyurethane Foam (SPF) in residential and commercial construction. SPF's superior insulation properties, marked by high R-values (thermal resistance), significantly enhance energy efficiency, thereby reducing energy consumption.
 

This benefit is particularly critical in the U.S., where energy prices are unpredictable, especially in regions with extreme climate conditions. The growing emphasis on environmental sustainability has accelerated the adoption of green building practices nationwide.
 

The U.S. Green Building Council’s LEED (Leadership in Energy and Environmental Design) certification advocates for sustainable materials, with SPF being integral to meeting these standards. Two-component SPF is recognized for its lower environmental impact compared to traditional insulation. To support this trend, the U.S. government and local municipalities offer various incentives and rebates to promote energy-efficient building materials. Programs such as the Energy Efficiency and Conservation Block Grant (EECBG) and various state-level energy efficiency initiatives endorse high-performance insulation solutions like SPF.
 

On the other hand, Canada spray polyurethane foam for building & construction market is growing at a CAGR of 5.4% during the forecast period (2024-2032). In Canada, the demand for high-performance insulation materials, particularly SPF, is rapidly increasing due to the country's prolonged and severe winters. In cold climates, robust insulation is essential for reducing heating costs, making SPF's thermal efficiency highly valuable.
 

Regions such as Ontario, Quebec, and British Columbia, known for their harsh winters, prioritize insulation materials that provide maximum thermal resistance and minimize heat loss. SPF's high R-value (approximately 6.5 to 7.0 per inch) not only reduces energy consumption and heating expenses but also enhances indoor comfort during winter months.
 

Government initiatives like the Canada Green Building Council’s (CaGBC) Zero Carbon Building Standards are propelling the demand for high-performance insulation, including SPF, to lower the carbon footprint of buildings. As Canadian building codes become more stringent, SPF is becoming an essential solution for meeting energy efficiency and carbon reduction targets.
 

North America Spray Polyurethane Foam for Building & Construction Market Share

In 2023, key companies like Owens Corning, Johns Manville, CertainTeed, Huntsman, etc. held a combined market share of 45-50%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
 

Companies are heavily investing in research and development to develop advanced SPF for building & construction applications that align with the changing and evolving industry’s needs and preferences. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.
 

North America Spray Polyurethane Foam for Building & Construction Market Companies

Major players operating in the North America spray polyurethane foam for building & construction industry are:

• BASF
• CertainTeed
• Huntsman Building Solutions
• NCFI Polyurethanes
• Icynene-Lapolla
• Johns Manville
• Covestro
• Henry Company
• Rhino Linings
• DuPont
• Specialty Products
• Owens Corning
   

North America Spray Polyurethane Foam for Building & Construction Industry News

• In July 2024, Johns Manville (JM), a Berkshire Hathaway company and leading building products manufacturer, announced the release of its new High Yield Open Cell (HYOC) spray foam product. It joins JM’s line of top-tier spray foam products, giving installers another choice. Johns Manville’s complete line of SPF products provides superior thermal energy efficiency, as well as advanced air and sound control. JM Corbond open cell SPF insulation covers gaps and voids to virtually eliminate air leakage, and it can exceed the performance of traditional fiberglass insulation. JM SPF products, both open cell and closed cell, deliver superior performance.
   

This North America spray polyurethane foam for building & construction market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Kilo Tons) from 2021 to 2032, for the following segments:

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Market, By Product Type

• Open-cell SPF
• Closed-cell SPF
• Hybrid SPF

Market, By Type

• One-component SPF
• Two-component SPF

Market, By Density

• Low
• Medium
• High

Market, By Application

• Insulation
• Roofing
• Waterproofing
• Others (sealant, encapsulation, etc.)

Market, By Distribution Channel

• Online
• Offline

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada