Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Spray Foam Insulation Market worth $3,865 million by 2033 - Exclusive Report by We Market Research

This image opens in the lightbox

News provided by

We Market Research

10 Nov, 2023, 08:31 GMT

Share this article

Share toX

Share this article

Share toX

CHICAGO, Nov. 10, 2023 /PRNewswire/ -- According to the latest analysis from We Market Research, the spray foam insulation market is on track to reach a value of $3,865 million by the conclusion of 2033. Looking ahead, the market's prospects become even more striking, with forecasts indicating a substantial increase to $2,245 million in 2023. This remarkable growth path is supported by a strong anticipated compound annual growth rate (CAGR) of 6.7% between 2023 and 2033.

The strong emphasis on enhancing energy efficiency in building structures is driving the expansion of the spray foam insulation market.

The growth of the spray foam insulation market is significantly influenced by the heightened focus on improving energy efficiency within building structures. This emphasis on energy efficiency arises from a confluence of factors, including environmental concerns, rising energy costs, and evolving building regulations.

Unlock Growth Potential in Your Industry - Get Your Sample Report Now!

https://wemarketresearch.com/sample-request/spray-foam-insulation-market/1339

One of the primary drivers of this trend is the global commitment to environmental sustainability. With the increasing awareness of climate change and its impact, there is a growing need to reduce carbon emissions and minimize energy consumption. Spray foam insulation plays a crucial role in this effort by creating a highly effective thermal barrier, reducing heat loss, and preventing air leakage. As a result, it enhances the overall energy performance of buildings, leading to reduced energy consumption and a smaller carbon footprint.

Escalating energy costs are another motivator for property owners and builders to invest in energy-efficient solutions. Spray foam insulation helps maintain consistent indoor temperatures, thereby reducing the reliance on heating and cooling systems. This translates to lower energy bills for homeowners and building operators, making it an economically attractive option.

Building codes and regulations worldwide are becoming more stringent regarding energy efficiency standards. Many authorities are mandating or incentivizing the use of advanced insulation materials like spray foam. Compliance with these regulations not only ensures better energy performance but also can lead to financial benefits for property owners.

Furthermore, the multifunctional characteristics of spray foam insulation, such as soundproofing and air sealing, make it a preferred choice in enhancing overall building performance. It not only conserves energy but also contributes to improved indoor air quality and noise reduction, which are important aspects for occupant comfort.

In conclusion, the remarkable growth of the spray foam insulation market is intrinsically tied to the imperative of improving energy efficiency in building structures. As the world increasingly recognizes the significance of energy conservation, this insulation material continues to gain prominence for its role in mitigating energy waste, reducing costs, and promoting a more sustainable and environmentally responsible approach to construction.

Open cell spray foam leads the spray foam insulation market with a substantial 60% share in 2022.

In the landscape of the spray foam insulation market, open cell spray foam has emerged as the dominant player, commanding a substantial 60% share in the year 2022. This prevalence can be attributed to several factors that make open cell spray foam an attractive choice for a wide range of applications.

Open cell spray foam insulation is recognized for its exceptional thermal insulating properties, effectively preventing heat loss and air infiltration. It is a versatile material, known for its ability to conform to irregular spaces and fill cavities, making it an ideal option for various construction and insulation needs.

One of the key reasons behind the prominence of open cell spray foam is its cost-effectiveness. It is generally more affordable compared to closed cell spray foam, which makes it a preferred choice for budget-conscious projects while still delivering excellent insulation performance.

Moreover, open cell spray foam is renowned for its soundproofing capabilities, reducing noise transfer between spaces. This makes it suitable for applications in residential and commercial buildings where noise control is a significant consideration.

Open cell spray foam is also recognized for its eco-friendly properties, as it typically has lower levels of volatile organic compounds (VOCs) compared to some other insulation materials. This makes it appealing to environmentally conscious consumers and aligns with the growing focus on sustainable building practices.

As the construction industry continues to evolve and prioritize energy efficiency, open cell spray foam has become an integral component in meeting these objectives. Its superior insulating properties, affordability, adaptability, and environmentally friendly characteristics have contributed to its dominance in the spray foam insulation market in 2022. This trend is expected to continue, as it offers a versatile and effective solution for both residential and commercial insulation needs.

Drive Your Growth Strategy: Purchase the Report for Key Insights!

https://wemarketresearch.com/purchase/spray-foam-insulation-market/1339?license=single

Competitive Analysis

Some of the major companies operating within the spray foam insulation market are BASF SE, Covestro AG, Lapolla Industries, Inc., Huntsman International LLC., Dow, SAFCO Foam Insulation, Cajun Foam Insulation, EnergyGuard Foam Insulators, LP, Saint-Gobain, Insulation Northwest, PUFF INC, Pittsburgh Foam Insulation, Owens Corning., Recticel, Armacell, NCFI Polyurethanes, CERTAINTEED., Rhino Linings Corporation and Bayer AG.

BASF has been known for its emphasis on research and development. In the spray foam insulation market, they have focused on developing innovative and high-performance insulation materials. This includes the creation of advanced foam formulations that offer superior thermal properties and environmental sustainability.

Have a Look at Related Reports

Chemical Testing Services Market

Industrial Cleaners Market

Recycled Fabric Market

Industrial Lubricants Market

Green Ammonia Market

About We Market Research:

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Contact Us:
Mr. Robbin Joseph
Corporate Sales, USA
We Market Research
USA: +1-724-618-3925
Websites: https://wemarketresearch.com/
Email: sales@wemarketresearch.com

Logo: https://mma.prnewswire.com/media/2267296/We_Market_Research_Logo.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.