Spray Foam Insulation Market 2023: Key Growth Regions and Outlook to 2028 (2023)

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14. Februar 2023 (The Expresswire) --TheSpray Foam Insulation MarketThe report first introduced the classifications, market overview, product specifications, manufacturing processes, cost structures and industry chain structure. Then it analyzes the Spray Foam Insulation market size and forecast by product type (Closed cell, open cell, DDDD), applications (Wall insulation, ceiling insulation) etc. It provides qualitative and quantitative information at the highest level, including: sales volume, market dynamics, growth rate, supply and demand, and all the essential aspects. The report study analyzes fundamental and historical economic conditions, industry trends, the financial performance of market players, and key developments in the Spray Foam Insulation Market as organic and inorganic growth strategies.

The Spray Foam Insulation market report published on January 18, 2023 spans 100 pages and provides stakeholders, players and other market participants with strategic data to help lead the market.

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The report also assesses the key opportunities and outlines the factors in the market that are driving and will drive the growth of the industry. Against the backdrop of the Russia-Ukraine war and the COVID-19 epidemic, it will have a major impact on this spray foam insulation market.

Top industry key players of Spray Foam Insulation Market

● Demilec (Hunter)

● BASF Group

● Rhino Linings Corporation

● Dow Chemical

● CertainTeed Corporation (Saint-Gobain)

● Nippon Aqua

● Icynene Lapolla (Hunter)

● Carlisle-Polyurethansystem (Front Accella)

● Polyurethane NCFI

● ● DDDD

What is the 2023 New Arrivals Report?

● Detailed industry summary

● Additional detailed information about the company's players

● Custom report and analyst support upon request

● Recent market developments and their futuristic growth opportunities

● Custom regional/country reports upon request

Powerful new research technologies bring risks and opportunities that companies may struggle to keep up with. We have tracked the direct impact of COVID-19 on this market as well as the divergent impact of different industries.

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Market Split by Type:This report shows the sales volume, revenue (Million USD), product price, market share and growth rate of each type, mainly split into:

● locked cell

● open cell

● DDDD

Market Segmentation by Application:This report focuses on the key application status and prospect, sales volume, market share and growth rate of Spray Foam Insulation for each application including:

● Wall insulation

● Roof insulation

● Concrete renovation

● Other

– What is the key component driving the Spray Foam Insulation market?

Creation Numbers:He described the key brands perspective, in which key locations and regions are analyzed, followed by an estimate by type. In addition to the global creation and sales forecast, this part includes creation and sales numbers by region.

usage count:Includes global usage forecasts by application and region. In addition, figures are given for the utilization of all territorial economic sectors concentrated in the report.

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Does this report consider the impact of COVID-19 and the Russia-Ukraine War on the Spray Foam Insulation market?

Since COVID-19 and the war between Russia and Ukraine are profoundly affecting the relationship between the global supply chains and the pricing system of raw materials, we have definitely considered them throughout the investigation and explained in detail the impact of pandemic and war on the market of Spray Foam Insulation.

Years considered for this report:

Historical years: 2018-2022

Base year: 2022

Estimated year: 2023

Forecast period: 2023-2028

To understand how the impact of Covid-19 is covered in this report:https://marketresearchguru.com/enquiry/request-covid19/22366624

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Detailed TOC of Spray Foam Insulation Industry 2023 Research Report, Competitive Landscape, Market Size, Regional Status and Outlook

1 Spray Foam Insulation Market Overview

1.1 Product Overview and Market Scope of Spray Foam Insulation

1.2 Spray Foam Insulation Market Segment by Type

1.3 Global Spray Foam Insulation Market Segment by Application

1.4 Global Spray Foam Insulation Market, Regional (2018-2028)

1.5 Global Foam Insulation Market Size (2018-2028)

1.6 Global Macroeconomic Analysis

1.7 The Impact of the Russia-Ukraine War on the Spray Foam Insulation Market

2 Industry Perspectives

2.1 Spray Foam Insulation Industry Technology Status and Trends

2.2 Barriers to entry into the industry

2.3 Analysis of Spray Foam Insulation Market Drivers

2.4 Spray Foam Insulation Market Challenge Analysis

2.5 Emerging Market Trends

2.6 Analysis of consumer preferences

2.7 Spray Foam Insulation Industry Development Trends During COVID-19 Outbreak

3 Global Foam Insulation Market Landscape by Players

3.1 Global Spray Foam Insulation Sales Volume and Share by Player (2018-2023)

3.2 Global Foam Insulation Revenue and Market Share by Player (2018-2023)

3.3 Global Insulation Foam Average Price by Player (2018-2023)

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4 Global Insulation Foam Sales Volume and Revenue by Regions (2018-2023)

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4.1 Global Foam Insulation Sales Volume and Market Share by Regions (2018-2023)

4.2 Global Spray Foam Insulation Sales and Market Share by Regions (2018-2023)

4.3 Global Insulation Foam Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.4 United States Spray Foam Insulation Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.5 Europe Foam Insulation Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.7 Japan Foam Insulation Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.8 India Foam Insulation Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.9 Southeast Asia Foam Insulation Sales Volume, Revenue, Price and Gross Margin (2018-2023)

4.10 Latin America Foam Insulation Sales Volume, Revenue, Price and Gross Margin (2018-2023)

5 Global Spray Foam Sales Volume, Revenue and Price History by Type

5.1 Global Foam Insulation Sales Volume and Market Share by Type (2018-2023)

5.2 Global Foam Insulation Revenue and Market Share by Type (2018-2023)

5.3 Global Spray Foam Insulation Price by Type (2018-2023)

6 Global Foam Insulation Market Analysis by Application

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7 Global Spray Foam Insulation Market Forecast (2023-2028)

7.1 Global Insulation Foam Sales Volume, Revenue Forecast (2023-2028)

7.2 Global Spray Foam Sales Volume and Revenue Forecast by Regions (2023-2028)

7.3 Global Foam Insulation Sales Volume, Revenue and Price Forecast by Type (2023-2028)

7.4 Global Foam Insulation Consumption Forecast by Application (2023-2028)

7.5 Spray Foam Insulation Market Forecast under COVID-19

8 Up and Down Analysis of Spray Foam Insulation Market

8.1 Industrial Spray Foam Insulation Chain Analysis

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8.2 Major Raw Material Suppliers and Price Analysis

8.3 Manufacturing Cost Structure Analysis

8.4 Analysis of Alternative Products

8.5 Main Distributors of Spray Foam Insulation Analysis

8.6 Major Downstream Buyers of Spray Foam Insulation Analysis

8.7 Impact of COVID-19 and Russia-Ukraine War on Upstream and Downstream of Spray Foam Insulation Industry

9 player profiles

10 research results and conclusion

11 Appendix

11.1 Methodology

11.2 Source of Research Data

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Spray Foam Insulation Market 2023: Key Growth Regions and Outlook to 2028 (1)

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FAQs

Is spray foam a growing industry? ›

The Spray Foam Insulation Market is projected to rise at a CAGR of 6.5% from 2022 to 2032, reaching US$ 3,560 million in 2032. Spray foam insulation is an alternative to traditional insulation such as glass and metal.

How much will spray foam expand? ›

Closed cell foam expands to approx. 1 inch thick when applied. Open cell foam expands to a whopping 3 inches thick. It's this ability to expand that allows the foam to completely fill every crevasse and open space it encounters, providing a superior air seal that far outperforms other insulation types.

Is 1 inch of closed cell spray foam enough? ›

When using closed-cell foam in walls, it is generally considered sufficient when 2 to 3 inches are sprayed. Open-cell foam in walls would not be sufficient with just 2 inches, requiring at least 3.

What is the R-Value of 2 lb foam? ›

2 lb spray foam, when applied at a thickness of 50mm or more, can act as a vapour barrier. They offer the highest R value per inch of all spray foam systems (typically R5. 5-6 per inch depending on the thickness).

Is spray foam the future? ›

Trends in the industry

From 2019 to 2024, the North American spray foam insulation market is expected to grow at a rate of 6% year over year. This is largely due to the fact that spray polyurethane foam proves to be more efficient, dependable, and promising than traditional insulation methods.

Is spray foam a lucrative business? ›

With the right pricing structure and a steady flow of client acquisition, a spray foam insulation business can be very lucrative, and you can generally cover your investments quickly if you do approach the process correctly. The spray foam jobs typically expect 50% in gross profits and about 25% in net profits.

Does spray foam increase home value? ›

The answer is yes! In fact, when done correctly and professionally, spray foam insulation can actually increase the value of your home. This type of insulation adds value to any residential property by providing superior energy efficiency, durability, soundproofing capabilities, and more.

What are the negatives of spray foam? ›

The Downsides of Using Spray Foam Insulation in Homes
  • It Can Lead to Mold. Spray foam insulation mold problems are quite common. ...
  • It Can Have a Foul Odor. Spray foam insulation is mixed on the job site, and improper ratios of chemicals are common. ...
  • It Can Lead to Termite Damage. ...
  • It's Too Airtight.
Nov 30, 2022

How many square feet will a 55 gallon drum of spray foam cover? ›

½# Open Cell Spray Foam 55 gallon kits: 16,000-21,000 board feet coverage We also have Open Cell Spray foam insulation for your project.

What's the R-value of 1 inch thick spray foam? ›

The R-Value of 1 inch of open-cell spray foam is about an R-3.4 per inch, while 1 inch of closed-cell spray foam is around an R-7.1 per inch.

Do you need a vapor barrier with spray foam insulation? ›

Vapor barriers are often installed in basements and crawl spaces to prevent ground moisture from leaking in. In houses with spray foam insulation, however, vapor barriers are not necessary.

Where not to use spray foam insulation? ›

Avoid using the foam near any ceiling lights or heating appliances. If you spray the foam near a ceiling light, for example, there is a chance that it could catch fire due to the flammable nature of the spray. Additionally, it could also cause damage to the light itself if it cures around any wiring.

Which foam insulation has the highest R-value? ›

Polyisocyanurate: Known as polyiso for short, polyisocyanurate foam has the highest R-value per inch (R-6.5 to R-6.8) of any rigid insulation. This type of rigid foam usually comes with a reflective foil facing on both sides, so it can also serve as a radiant barrier.

What is the best R-value for foam insulation? ›

The R-value of closed-cell foam is R-6.5-7 per inch. Contractors often use it to insulate under slabs, ceilings, walls, and roofs. It performs better than other insulation types. It provides an excellent air barrier, resists moisture, and retards vapor.

What is the R-value of 2 inch blue foam? ›

DuPont™ STYROFOAM™ Tongue and Groove Insulation Board (Blue Board) 4 ft by 8 ft Sheet, 2.0" Thick, R value 10.0 A nonstructural, rigid board insulation manufactured of Extruded Polystyrene Foam (XPS).

Do I need roof vents if I have spray foam insulation? ›

Yes, attic ventilation is necessary even when using spray foam insulation. Spray foam insulation forms a tight seal around gaps and cracks, preventing air and moisture from entering the attic.

Is spray foam insulation sustainability? ›

Spray foam insulation, or spray polyurethane foam (SPF), is a viable and sustainable insulation for homes and commercial buildings. Several advances have made it the 'green solution' of choice for many architectural designers, builders and homeowners.

What are the long term effects of spray foam insulation? ›

Even if you do not become sensitized to isocyanates, they may still irritate your skin and lungs, and many years of exposure may lead to permanent lung damage and respiratory problems.

How much can you make with spray foam? ›

Avg. Base Salary (USD)

All In Spray Foam Insulation pays an average hourly rate of $1,292 and hourly wages range from a low of $1,120 to a high of $1,488.

What is the longevity of spray foam? ›

Both types of spray foam insulation can last anywhere from 80 years to 100 years, with closed cell spray foam having a slight edge in terms of durability. For most families, this represents the lifetime of the house and then some!

What is the yield for spray foam? ›

A typical set of open cell spray foam yields approximately 16,000 bf (board feet) which is equal to spraying 1,600 square feet of area at a thickness of 10" inches.

Is spray foam a good investment? ›

Spray foam insulation is worth it – in fact, depending on the type of insulation you currently have (or don't have), spray foam insulation could save you up to 50% on your energy bills. Its highly effective heat retention means you simply don't need to use as much energy to heat your home.

Does spray foam insulation add value? ›

Spray foam insulation can cut your energy bill by up to 50 percent thanks to its energy efficiency and temperature regulation. This will increase the value of your home while appealing to future home buyers.

What is the R-value of spray foam wall? ›

The R-value of closed cell spray foam ranges from 5.0 to 7.0 per inch, although the R-value can be different depending on the product. Closed cell spray foam is denser than open cell spray foam and is often used in areas like basement box sills where it helps prevent moisture from entering the home.

Does spray foam create moisture problems? ›

But in many spray foamed attics, it can be hard to manage humidity. During the spring, summer, and fall, relative humidity (RH) in a spray-foamed attic often exceeds the comfort threshold of 60%. When it exceeds that threshold by too much – and for too long – you could experience problems, like mold growth.

Does spray foam cause mold? ›

As a product, spray foam insulation does not attract mold. And unlike wood or metal, spray foam does not rot, rust or deteriorate. This means that an area properly sprayed with foam insulation will never become a food source or a hospitable environment for a mold colony.

Is spray foam a fire hazard? ›

Even though it's heavily treated with fire-retardant chemicals prior to installation, it is a recognized fire hazard by the Consumer Product Safety Commission (CPSC). Spray foam insulation will ignite at 700°F.

Is open or closed cell spray foam better? ›

Closed cell foam is the best choice for robust insulating where space is an issue, as it can achieve 2x the R-Value of open cell inside a standard wall. Its rigid nature also adds to the structural integrity of the building and E84 fire rated versions are available.

How far does 1 can of spray foam go? ›

Each can covers approximately 25 Board Feet. Spray-foam insulation is a quick and easy way to seal the gaps in your home and save on energy costs. While many foams require mixing two components out of large canisters, Seal Spray Foam can be applied directly by simply attaching a spray nozzle to the can.

How many inches of spray foam for r49 insulation? ›

The recent changes to the CT building code stipulate a resistance value of 49 for new construction in all ceilings above a heated living space. While an R-49 Fiberglass batt is available, it requires 16 inches of space. That same space can be insulated with spray foam to a value of R-49 in just 7 inches.

Can spray foam insulation be too thick? ›

The ASTM E84 tests for most spray polyurethane foams limit the maximum installed thickness of foams to 4 inches or less.

What is a good R-value? ›

Depending on where you live and the part of your home you're insulating (walls, crawlspace, attic, etc.), you'll need a different R-Value. Typical recommendations for exterior walls are R-13 to R-23, while R-30, R-38 and R-49 are common for ceilings and attic spaces.

What is the ideal spray foam thickness? ›

For closed cell spray foam, you'll want to make sure that your foam is 2-3 inches thick on the walls and 4-5 inches thick on the roof deck. For open-cell foam, the same thickness is needed for the walls, but the roof deck should be sprayed to be 6-10 inches thick.

What are the two types of spray foam? ›

There are two main types of spray foam insulation: open and closed cell. Open cell spray foam has a lower R-value, which is the insulation's thermal resistance. The higher the R-value, the better. Open cell spray foam also isn't waterproof, can't be used on the exterior, and isn't effective as an air and vapor barrier.

Do you need drywall over spray foam? ›

Because any type of spray foam is combustible, along with most other building materials, we need to protect the wall from the foam. By installing gypsum board over the foam, we have protection on the inside of the building for a life-saving purpose.

What happens if spray foam insulation gets wet? ›

The good news is that spray foam insulation is pretty resistant to water and creates a moisture barrier between the foam and your walls. It won't absorb much moisture, and it won't promote the growth of mold or mildew.

Can you sleep in house after spray foam insulation? ›

According to the EPA, occupants must stay away from the building while it cures (and as long as the dust remains) for at least 24 to 72 hours, something they, devastatingly, are not always told. If the spray foam continues to off-gas, the building can be inhospitable to occupants for years.

Does spray foam insulation rot wood? ›

Polyurethane has closed-cells and therefore has a reduction in breathability which could lead to wood rot in timbers.

Can you spray foam over electrical wires? ›

While there may be debate between individual contractors about spraying foam insulation over electrical wires, industry guidelines state that spray foam insulation can be applied directly over electrical wiring.

What is the thinnest insulation with the highest R-value? ›

Aerogel insulation offers the highest R-value of any insulating material at less weight and thickness—ideal for construction, refineries, pipelines, and thin-gap thermal barriers.

What is the highest performing insulation? ›

Aerogel Insulation Technology

Classed as a Super Insulation, Aerogel has the highest insulation value of any known material with the lowest thermal conductivity value of any solid (0.015W/mK).

What is the strongest foam insulation? ›

Foam board made from polyisocyanurate (polyiso) generally offers the best insulation capacity and 6.5 per inch.

What is the R-value of 3 inches of spray foam? ›

Closed cell spray foam has an R-value of R-7 per inch. In comparison, open cell spray foam has an R-value of R-3.8 per inch.

Is spray foam better than fiberglass? ›

When it comes to which is best in the spray foam insulation vs. fiberglass debate, spray foam wins, hands down. If you're a DIY-er, you may be used to installing fiberglass insulation. But if you're looking for something that will last a lifetime, let a professional install spray foam.

What is the R-value of 2 thick spray foam? ›

R-Value In 2 Inches Of Spray Foam

The R-value ranges from R-3.5 to R-3.6 per inch. The filling of a 2×4 cavity yields about an R-13.

What is the R-value of pink Styrofoam? ›

Extruded polystyrene or XPS (foam is usually pink or blue) XPS has an R-value of 5 per inch of thickness requiring 5" of insulation to achieve R-25. EPS has an R-value of approximately 4 per inch of thickness, requiring at least 6" of insulation to achieve R-25.

What is the R-value of 1 inch pink foam? ›

This is Pink Panther insulation, and has a R value of 5.0. It is wrapped in construction paper to prevent damage. This foam is also great for using in crafts. This foam is moisture resistant XPS insulation.

How big is the spray foam industry? ›

Spray Foam Market size was valued at around USD 1.8 billion in 2020 and is estimated to grow at a CAGR of 6.8% from 2021 to 2027 driven by increasing building construction & remodeling activities across the globe.

Why is there a spray foam shortage? ›

The ice storm that hit the Gulf Coast has affected the Propylene Oxide plants in Texas and Louisiana. Propylene Oxide is an intermediate in the production of polyether polyols for polyurethane foams. Polypropylene Oxide requires the cooperation of multiple industries resulting in a worldwide shortage.

Is spray foam in short supply? ›

As the Spray Foam industry has experienced the ISO shortage, the construction industry is now battling a material shortage. Due to COVID-19 shutdowns, shortages in many industries have stunted the supply chain, including but not limited materials such as lumber, insulation, shingles, asphalt and more.

What country produces the most foam? ›

China is one of the most important Rubbers & foams manufacturers in the whole world. Many factories in all over the China are produces all kind of foams & rubbers to export to many countries.

When did spray foam become popular? ›

After the invention of the Blendometer, it took until the 1970s for spray foam insulation to become widespread throughout most homes. In the 1970s, the energy crisis made the need for more efficient home insulation more apparent.

Does spray foam decrease home value? ›

Spray foam insulation can cut your energy bill by up to 50 percent thanks to its energy efficiency and temperature regulation. This will increase the value of your home while appealing to future home buyers.

What can I use instead of spray foam? ›

Spray Foam Alternatives
  • Cellulose Insulation.
  • Mineral wool insulation.
  • Fiberglass batting or roll insulation.
Jan 31, 2022

Where should you not use spray foam? ›

Avoid using the foam near any ceiling lights or heating appliances. If you spray the foam near a ceiling light, for example, there is a chance that it could catch fire due to the flammable nature of the spray. Additionally, it could also cause damage to the light itself if it cures around any wiring.

How long does it take for spray foam to pay for itself? ›

In many cases, people who install spray foam in their homes can expect to see an average ROI between 3 to 7 years depending on the size of the building, where the home is located, the condition of the HVAC unit, home energy usage and the areas being spray foamed.

Does spray foam crack over time? ›

Spray foam is rigid and inflexible once it cures, and foam boards are rigid from the outset. So when these materials expand and contract because of temperature changes - and that's when, not if - they can crack.

Will spray foam stop leaks? ›

Spray foam will stop a roof leak for as long as the building exists. This is because spray foam is a renewable roofing system. If you didn't know, spray foam would degrade when exposed to UV rays. To combat this, a silicone coating is applied over spray foam.

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