Global Spray Foam Insulation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Foam Type;

Open Cell, and Closed Cell.

By Density;

High, Medium, and Low.

By Application;

Insulation, Concrete Rehabilitation, Marine, Furniture, Roofing, Medical, and Aircraft.

By End-Use Industry;

Packaging, Building & Construction, Residential, Commercial, Automotive & Transportation, Electrical & Electronics, Consumer Goods, Medical, Others Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn248638439 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Spray Foam Insulation Market (USD Million), 2021 - 2031

In the year 2024, the Global Spray Foam Insulation Market was valued at USD 1,312.20 million. The size of this market is expected to increase to USD 1,896.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

Spray foam insulation, known for its superior thermal performance and air-sealing capabilities, is becoming a preferred choice for both residential and commercial applications. This type of insulation is applied as a liquid that expands into a foam, filling gaps and crevices to create a continuous barrier against heat loss, air leaks, and moisture intrusion. The market's expansion is driven by the rising awareness of energy conservation, stringent building codes, and the push for sustainable construction practices. As a result, spray foam insulation is being increasingly adopted in new construction projects as well as in retrofitting and renovation activities.

Technological advancements and innovations in spray foam formulations are further contributing to market growth. Companies are developing more eco-friendly and low-VOC (volatile organic compounds) spray foams to address environmental concerns and improve indoor air quality. The introduction of new application techniques and improved insulation materials is enhancing the effectiveness and efficiency of spray foam insulation. The market is also supported by a growing trend towards green building certifications and energy-efficient home improvements, which are influencing consumers and builders to choose high-performance insulation solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Foam Type
    2. Market Snapshot, By Density
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use Industry
    5. Market Snapshot, By Region
  4. Global Spray Foam Insulation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Benefits of reducing air leaks
        2. Expansion of the residential construction sector
        3. Improved product formulations
        4. Increased focus on reducing carbon footprints
      2. Restraints
        1. Potential for poor installation leading to inefficiencies
        2. Limited product durability in some conditions
        3. Regional variations in building codes
      3. Opportunities
        1. Expansion of distribution networks
        2. New applications in specialized industries
        3. Increased focus on building envelope performance
        4. Development of low-emission spray foam products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Spray Foam Insulation Market, By Foam Type, 2021 - 2031 (USD Million)
      1. Open Cell
      2. Closed Cell
    2. Global Spray Foam Insulation Market, By Density, 2021 - 2031 (USD Million)
      1. High
      2. Medium
      3. Low
    3. Global Spray Foam Insulation Market, By Application, 2021 - 2031 (USD Million)
      1. Insulation
      2. Concrete Rehabilitation
      3. Marine
      4. Furniture
      5. Roofing
      6. Medical
      7. Aircraft
    4. Global Spray Foam Insulation Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Packaging
      2. Building & Construction
      3. Residential
      4. Commercial
      5. Automotive & Transportation
      6. Electrical & Electronics
      7. Consumer Goods
      8. Medical
      9. Others Industries
    5. Global Spray Foam Insulation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Bayer Material Science
      2. Demilec
      3. Lapolla Industries Inc.
      4. Premium Spray Products
      5. The Dow Chemical Company
      6. BASF Corporation
      7. CertainTeed Corporation
      8. Icynene Inc
      9. NCFI Polyurethanes
      10. Rhino Linings Corporation
  7. Analyst Views
  8. Future Outlook of the Market