Home > Construction > Construction Materials > Insulation Materials > Rigid Spray Polyurethane Foam Market

Rigid Spray Polyurethane Foam Market Share

Report ID: GMI2464
Published Date: Mar 2018
Report Format: PDF

Download Free Sample

Rigid Spray Polyurethane Foam Market Share

Major players in the rigid spray polyurethane foam market which holds the key chunk include:

BASF Corporation
Lapolla Industries
NCFI Polyurethanes
Dow Chemical
Bayer Material Science
Icynene Inc
Premium Spray Products

others. The companies are engaged in the product advancement, innovation, development, mergers and acquisition in the market.

For an instance, in December 2014, BASF Corporation acquired the business and assets of Taiwan Sheen Soon, which is one of the leading manufacturers of adhesive base materials and thermoplastic polyurethanes. The company operates in the field of thermoplastic polyurethanes, adhesives, performance materials, and polyurethanes. In July 2013, Lapolla Industries launched Foam-Lok AB 2000, a new product for air barrier applications. This will further strengthen the overall rigid spray polyurethane foam market portfolio of the company.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

According to report, rigid spray polyurethane foam market size is estimated to be pegged at 1.1 Billion (USD) by 2024.

Overall rigid spray polyurethane foam market would exhibit a crcr of 6.5% through 2024.

Strict government regulations regarding energy efficiency and the growing construction industries of the Asia Pacific as well as the U.S. are likely to drive the demand for rigid SPF over the coming years.

Challenges such as volatile raw material prices and the occupational hazards that are associated with using the product are expected to adversely affect the adoption of rigid SPF.

Rising demand for energy conservation and various product benefits like termite & moisture control, enhanced thermal performance, and fire protection makes walls segment the largest consumer of rigid SPF.

With rapidly growing population, technological advancements, and rising demand for permanent shelters and houses, the rigid SPF market in China is expected to flourish immensely over the forthcoming timeframe.