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North America Spray Polyurethane Foam For Building & Construction Market by Product (Open cell, Closed cell, Others), by Application (Residential walls, Residential roofing, Commercial walls, Commercial roofing, Below grade residential, Below grade commercial), by Container Size (12 – 24 oz cans, Up to 55 gallons, Above 55 gallons), by Usage (Cartridge, 2-part kits, Others), by Country (U.S., Canada), by U.S. Forecast 2025-2033
The size of the North America Spray Polyurethane Foam For Building & Construction Market was valued at USD 687.40 Million in 2023 and is projected to reach USD 993.33 Million by 2032, with an expected CAGR of 5.4% during the forecast period. The North America Spray Polyurethane Foam (SPF) Market for Building & Construction centers on spray-applied insulation and air-sealing materials created from polyurethane, which are extensively utilized in the construction sector due to their exceptional thermal insulation, soundproofing, and moisture resistance characteristics. SPF is gaining popularity in residential and commercial properties because it enhances energy efficiency by closing gaps and stopping air leaks, which lowers heating and cooling expenses. The North American market is propelled by the increasing need for energy-efficient construction options, heightened environmental awareness, and the implementation of sustainable building practices. Moreover, the adaptability of SPF in uses like attic insulation, wall spaces, roofs, and foundations is leading to its extensive adoption. The expansion of the construction sector, especially with the increase in residential, commercial, and industrial projects, boosts the need for spray foam solutions. Innovations in SPF formulations, featuring environmentally friendly and low-VOC alternatives, are further propelling market expansion. With regulatory standards for energy efficiency tightening, the North America Spray Polyurethane Foam market is projected to experience ongoing growth, fueled by its capability to fulfill both performance and sustainability objectives in the construction and building sectors.
The North America Spray Polyurethane Foam For Building & Construction Market is moderately concentrated. Major players include BASF, CertainTeed, Demilec, NCFI Polyurethanes, Lapolla Industries, Inc., and Johns Manville. These companies hold a significant market share and compete based on factors such as product quality, innovation, and customer service. The market is characterized by ongoing innovation, with companies investing in research and development to improve the performance and sustainability of their products. Regulations related to the use and handling of SPF also impact the market, ensuring safety and compliance. End-user concentration is moderate, with residential and commercial construction accounting for the majority of demand. M&A activity in the market is expected to remain moderate in the coming years.
The North America Spray Polyurethane Foam For Building & Construction Market is witnessing several key trends:
Report coverage:
Deliverables:
Market size and growth: The market size is estimated to reach $1,153.82 million by 2027, growing at a CAGR of 5.4% during the forecast period.
Market share: BASF held a market share of 22.3% in 2022, followed by CertainTeed with 18.9% and Demilec with 15.7%.
Growth drivers: Key growth drivers include rising energy costs, increasing awareness of SPF benefits, and government incentives for energy-efficient construction.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.4% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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