North America Spray Polyurethane Foam For Building & Construction Market Analysis

North America Spray Polyurethane Foam For Building & Construction Market Analysis

Based on product, the North America spray polyurethane foam for building & construction market has been categorized into open cell, closed cell, and others. Open cell foams held over 50% volumetric share in 2020 owing to their extraordinary features including thermal insulation, low carbon footprint, and minimal air filtration. They are extensively used in building interiors owing to their permeability toward air & moisture.
 

Open cell SPF is primarily employed in residential applications, and it dominates the regional demand for SPF. Open cell foams are permeable to air & water vapor and form sponge-like structures. This makes them ideal for usage in residential & commercial interior applications, directly propelling the spray polyurethane foam market size by 2027.
 

Increasing population and easy availability of home loans at low-interest rates have resulted in the rising number of residential buildings. The residential roofing applications segment is expected to grow at a CAGR of nearly 6% from 2021 to 2027. Roofing is a major consumer segment of SPF products. The higher insulation values of the products amongst several substitutes and the availability of a wide range of closed cell foam products by manufacturers are expected to drive product consumption in residential roofing applications.
 

The container size segment is categorized into 12 - 24 oz cans, up to 55 gallons, and above 55 gallons. The requirement for products to fill air gaps in windows & walls is mainly catered to by aerosol cans or 12 – 24 oz cans. The purpose of these products is to provide air seals and not insulation. Such product usage does not require any special training. Growing trends of DIY in the home restoration sector and the easy availability of these products are expected to drive the segment growth over the study timeframe. The 12 -24 oz cans segment generated nearly USD 55 million in revenue in the North America spray polyurethane foam market in 2020.
 

Cartridge foam includes aerosol cans and newly developed special refill guns. The cartridge foam segment generated a demand for around 29 kilotons in 2020. Aerosol cans are used in the DIY segment to fill & seal small gaps in walls and in between windows & wall areas. The development of a wide range of aerosol products and the easy availability of these products will drive segment growth over the study timeframe. The use of these products is limited to small applications and the main purpose of these products is to provide airtight seals in gaps.
 

The U.S. spray polyurethane foam for building & construction market showcased the highest growth rate of around 5.5% CAGR by 2027 owing to the higher economic rate. The U.S. witnesses cold & warm weather throughout the year and high energy prices are major concerns in the region. Spray polyurethane foam is the best suitable solution in such issues. The easy availability of home loans in the region has boosted the residential building activities.