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Semi-Rigid Spray Polyurethane Foam Market Share

Report ID: GMI2513
Published Date: Apr 2018
Report Format: PDF

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Semi-Rigid Spray Polyurethane Foam Market Share

Global semi-rigid spray polyurethane foam industry is characterized by the presence of various large scale and small-scale producers. Some of them include

BASF Corporation
Gaco Western
Lapolla Industries, Inc
NCFI Polyurethanes
Honeywell
Icynene
Rhino Linings Corporation
JJD Urethane
Demilec
Premium Spray Products
The Dow Chemical Company
International Cellulose Corporation
Mitex International
Foam Supplies
Henry Company
CertainTeed Corporation
Specialty Products Inc.

Most of the companies are engaged in mergers, acquisitions and joint venture activities in order to expand their presence worldwide. For an instance, in July 2014, BASF announced the acquisition of Polioles’ PU business activities. Polioles operates in the field of performance materials, isocyanate, PU-systeme, polyurethanes, and polyol. This in turn will enhance the entire product range of BASF& increase its presence globally.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global semi-rigid spray polyurethane foam industry revenue exceeded USD 700 million in 2017 and is projected to expand at over 6.5% CAGR through 2024.

The commercial buildings segment is projected to grow at 6.5% Y-O-Y, through 2024. The substantial use of semi-rigid spray polyurethane foam for insulation and sealing of hotels, shopping malls, and corporate structures will fuel the market growth.

The roofs application was valued over USD 190 million in 2017 and is anticipated to witness a substantial growth through 2024 owing to the rising demand for energy-efficient and eco-friendly buildings.

Germany and the UK collectively account for over 35% share of the European market in 2017. The supportive government regulations and rising demand for energy-efficient infrastructure will foster industry growth in the region.