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North America Spray Polyurethane Foam for Building & Construction Market Share

Report ID: GMI5137
Published Date: Nov 2024
Report Format: PDF

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North America Spray Polyurethane Foam for Building & Construction Market Share

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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

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The North America spray polyurethane foam industry for building and construction reached USD 836.2 million in 2023 and is set to grow at a 6.9% CAGR from 2024 to 2032, driven by stringent energy efficiency regulations.

The two-component segment held approximately 66% of the total market share in 2023 and is anticipated to grow at a 7.2% CAGR up to 2032, led by the rising demand for advanced insulation solutions amid escalating energy costs and environmental concerns.

The U.S. market was valued at around USD 667.8 million in 2023 and is projected to expand at a 7.3% CAGR from 2024 to 2032, fueled by increasing energy costs and the need for superior insulation properties.

The key players in the market include BASF, CertainTeed, Huntsman Building Solutions, NCFI Polyurethanes, Icynene-Lapolla, Johns Manville, Covestro, Henry Company, Rhino Linings, DuPont, Specialty Products, and Owens Corning.