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Spray Foam Market Share

Report ID: GMI5165
Published Date: Dec 2021
Report Format: PDF

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Spray Foam Market Share

Large number of small, medium, and international players are operating in the global spray foam industry. Companies are majorly involved in strategic partnerships and mergers & acquisitions to offer competitive benefit along with strengthen their product portfolios.

Key participants are involved in technology advancements & innovations to enhance spray foam features. Some of the major manufacturers include

BASF
CertainTeed
Demilec
Carlisle Companies
Purees
Techno Foam Co., Ltd.
Synthesia Technology
Isothane Ltd.
Genyk
SWD Urethane
International Cellulose Corp.
Icynene, Inc.
Accella
Rhino Linings Corporation
Specialty Products, Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Spray foam market is slated to surpass $2,728.9 million by 2027 and will witness a CAGR of 6.8% from 2021 to 2027 with the rising building construction and remodeling activities across the globe.

Spray foam is majorly used in residential and commercial building construction applications owing to its ability to form continuous insulation and air sealing barriers on walls, roofs, around corners, and other surfaces.

The residential application segment will generate a demand for around 500 kilo tons by 2027 with rising construction activities in this sector driven by increasing population and easy availability of home loans at low-interest rates.

North America will capture around 45% share of global spray foam market by 2027 owing to the increasing commercial building construction activities and refurbishment projects in the region.

Key participants involved in spray foam industry are BASF, CertainTeed, Demilec, Carlisle Companies, Purees, Techno Foam Co., Ltd., Synthesia Technology, Isothane Ltd., Genyk, SWD Urethane, International Cellulose Corp., Icynene, Inc., Accella, Rhino Linings Corporation, and Specialty Products, Inc., among others.