스프레이 폴리우레탄 폼 시장 규모, 점유율, 성장 분석 : 유형별, 제품별, 용도별, 지역별 - 산업 예측(2025-2032년)

Global Spray Polyurethane Foam Market size was valued at USD 2.7 billion in 2023 and is poised to grow from USD 2.92 billion in 2024 to USD 5.44 billion by 2032, growing at a CAGR of 8.1% during the forecast period (2025-2032).

As of October 2023, the spray polyurethane foam market is experiencing significant trends driven primarily by the building industry's pursuit of energy efficiency and sustainability. Increasing demand for spray polyurethane foam insulation stems from its effectiveness in providing thermal insulation, creating airtight seals, and reducing energy consumption. This shift reflects a commitment within the construction sector to address environmental concerns and adhere to stringent energy standards. Eco-friendly products with low VOC formulations and bio-based polyols are gaining traction, aligning with global sustainability goals. Technological advancements are also reshaping the market, with ongoing R&D focused on enhancing performance attributes like adhesiveness, fire resistance, and cure times. Advanced application techniques are helping to ensure precision and efficiency in installations, further bolstering market growth.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Spray Polyurethane Foam market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Spray Polyurethane Foam Market Segments Analysis

Global Spray Polyurethane Foam Market is segmented by Type, Product, Application and region. Based on Type, the market is segmented into Open-cell and Closed-cell. Based on Product, the market is segmented into Two-component high-pressure spray foam, Two-component low-pressure spray foam and One-component foam. Based on Application, the market is segmented into Insulation, Waterproofing, Roofing, Asbestos Encapsulation, Sealant and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Spray Polyurethane Foam Market

The global spray polyurethane foam market is being propelled by the growing demand for energy efficiency in building structures. As the desire to lower energy consumption rises, spray polyurethane foam emerges as a preferred solution due to its excellent thermal insulation properties. It effectively regulates indoor temperatures, leading to reduced energy costs and smaller carbon footprints. This makes it an ideal choice for sustainable construction practices, aligning with contemporary initiatives aimed at enhancing energy efficiency in the built environment. The combination of energy savings and environmental benefits positions spray polyurethane foam as a vital component in the future of construction.

Restraints in the Global Spray Polyurethane Foam Market

The global spray polyurethane foam market faces significant restraints primarily due to the chemical components utilized in its production, particularly volatile organic compounds (VOCs), which raise environmental and health concerns. Stricter regulations regarding VOC emissions and the increasing demand for sustainable solutions are likely to hinder market growth. As a result, manufacturers are compelled to shift their focus towards developing eco-friendly and non-toxic alternatives. This transition not only adds complexity to production processes but also requires investment in research and innovation, ultimately impacting the overall expansion of the spray polyurethane foam industry.

Market Trends of the Global Spray Polyurethane Foam Market

The global Spray Polyurethane Foam (SPF) market is witnessing a significant shift towards eco-friendly insulation solutions driven by growing consumer and corporate demand for sustainable products. As environmental regulations tighten and the green construction movement gains momentum, there is a marked increase in the preference for low global warming potential (GWP) and energy-efficient SPF options. This trend reflects a broader commitment to reducing carbon footprints and enhancing energy efficiency in buildings, with stakeholders increasingly prioritizing insulation materials that offer both environmental benefits and high performance. Consequently, manufacturers are innovating to meet these demands, positioning themselves favorably in a competitive and evolving market landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies

Global Spray Polyurethane Foam Market Size by Type & CAGR (2025-2032)

• Market Overview
• Open-cell
• Closed-cell

Global Spray Polyurethane Foam Market Size by Product & CAGR (2025-2032)

• Market Overview
• Two-component high-pressure spray foam
• Two-component low-pressure spray foam
• One-component foam

Global Spray Polyurethane Foam Market Size by Application & CAGR (2025-2032)

• Market Overview
• Insulation
• Waterproofing
• Roofing
• Asbestos Encapsulation
• Sealant
• Others

Global Spray Polyurethane Foam Market Size & CAGR (2025-2032)

• North America (Type, Product, Application)
  • US
  • Canada
• Europe (Type, Product, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Product, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Product, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Product, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Covestro AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lapolla Industries Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Demilec Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Icynene Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CertainTeed Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Chemical Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Henry Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NCFI Polyurethanes (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rhino Linings Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SES Foam LLC (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SWD Urethane (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• VersaFlex Incorporated (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gaco Western LLC (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huntsman Building Solutions (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Premium Spray Products (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Foam Supplies Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bayer MaterialScience LLC (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Evonik Industries AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huntsman Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations