Rigid Spray Polyurethane Foam Market share by applications and regions for 2017- 2024
Statistics of Rigid Spray Polyurethane Foam Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.
Statistics of Rigid Spray Polyurethane Foam Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.
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<strong>Rigid</strong> <strong>Spray</strong> <strong>Polyurethane</strong> <strong>Foam</strong> <strong>Market</strong> <strong>share</strong> <strong>by</strong><br />
<strong>applications</strong> <strong>and</strong> <strong>regions</strong> <strong>for</strong> <strong>2017</strong>- <strong>2024</strong>: Global <strong>Market</strong><br />
Insights, Inc.<br />
<strong>Rigid</strong> <strong>Spray</strong> <strong>Polyurethane</strong> <strong>Foam</strong> <strong>Market</strong> will surpass USD 1.1 billion <strong>by</strong> <strong>2024</strong>; according to a<br />
new research report <strong>by</strong> Global <strong>Market</strong> Insights, Inc.<br />
Depleting non-renewable energy resources <strong>and</strong> extensive use of fossil fuels have resulted in<br />
an energy crisis. This has become a major cause of concern among countries across the<br />
globe <strong>and</strong> has led to the growing dem<strong>and</strong> <strong>for</strong> energy-efficient <strong>and</strong> green residential <strong>and</strong><br />
commercial buildings. <strong>Rigid</strong> SPFs are used to cover cracks, gaps, <strong>and</strong> holes in walls & ceiling<br />
<strong>and</strong> also insulate structures, reducing the energy loss. The foams also help in avoiding any<br />
soil or air pollutants from entering the structure, there<strong>by</strong> maintaining a healthy<br />
environment in the structure. There<strong>for</strong>e, SPFs have a higher acceptance over the traditional<br />
glass fibers due to several benefits including higher efficiency <strong>and</strong> ease-of-installation. Along<br />
with new construction sites, these regulations have boosted the growth of the rigid spray<br />
polyurethane foam market in the renovation of old residential <strong>and</strong> commercial buildings<br />
throughout the <strong>for</strong>ecast spell.<br />
Raw materials such as methylene diphenyl diisocyanate (MDI) <strong>and</strong> tolylene diisocyanate<br />
(TDI), used to produce rigid spray polyurethane foam, may cause severe health risks<br />
including skin problem <strong>and</strong> asthma. Although spray polyurethane foam does not cause any<br />
health hazards after installation, occupational-related health hazards have become a major<br />
concern. These raw materials are isocyanates which are considered as reactive chemicals<br />
<strong>and</strong> prolonged exposure to isocyanates may cause skin, eye, lung irritation, <strong>and</strong> other<br />
respiratory issues. Increasing awareness about health hazards has led to the growth in<br />
dem<strong>and</strong> <strong>for</strong> bio-based rigid spray polyurethane foam market. This will be one of the key<br />
restraining factors <strong>for</strong> isocyanates-based SPF market in coming years.<br />
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To browse this report titled, “<strong>Rigid</strong> <strong>Spray</strong> <strong>Polyurethane</strong> <strong>Foam</strong> <strong>Market</strong> Size By Application<br />
(Wall, Roof, Floor), By End-Use (Commercial, Residential, Industrial, Agricultural,<br />
Institutional), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK,<br />
France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South<br />
Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price<br />
Trends, Competitive <strong>Market</strong> Share & Forecast, <strong>2017</strong> – <strong>2024</strong>” please click on the link below:<br />
https://www.gminsights.com/industry-analysis/rigid-spray-polyurethane-foam-market<br />
<strong>Rigid</strong> spray polyurethane foam market is divided based on end-use, application <strong>and</strong> region.<br />
On the basis of end-use, the industry is divided into agricultural, commercial, institutional,<br />
residential, <strong>and</strong> industrial buildings. In terms of revenue, agricultural buildings will account<br />
<strong>for</strong> over USD 45 million in <strong>2024</strong> growing at substantial rate throughout the <strong>for</strong>ecast spell<br />
owing to extensive product usage in insulation, water/moisture & thermal resistance on the<br />
floor, walls, ceilings <strong>and</strong> roof, decks of vegetable & fruits refrigeration warehouses, <strong>and</strong> cold<br />
storages.<br />
Significant agricultural activities <strong>and</strong> positive trend towards the cool storage of food<br />
products in Asia Countries such as India, China <strong>and</strong> Japan will further augment the rigid<br />
spray polyurethane foam market dem<strong>and</strong> <strong>by</strong> <strong>2024</strong>.<br />
<strong>Rigid</strong> <strong>Spray</strong> <strong>Polyurethane</strong> <strong>Foam</strong> <strong>Market</strong> <strong>by</strong> Application<br />
• Wall<br />
• Roof<br />
• Floor<br />
• Others<br />
Make an inquiry <strong>for</strong> purchasing this report @<br />
https://www.gminsights.com/inquiry-be<strong>for</strong>e-buying/2464<br />
Based on application, the rigid spray polyurethane foam market is divided into roof, wall,<br />
floor <strong>and</strong> others. In terms of revenue, floor application is likely to generate over USD 30<br />
million in coming years. The other <strong>applications</strong> include ceilings, plumbing systems, doors,<br />
etc. <strong>and</strong> held less than 10% <strong>share</strong> of the global rigid SPF market in <strong>2024</strong>.<br />
Germany rigid SPF market will likely generate over USD 55 million in <strong>for</strong>ecast spell owing to<br />
the positive growth in the residential <strong>and</strong> industrial building construction activities. The<br />
product is used as an insulating <strong>and</strong> protecting agent on the building floor, roofs <strong>and</strong> walls.<br />
This in turn, will propel the regional rigid spray polyurethane foam market over the <strong>for</strong>ecast<br />
timeframe.<br />
© 2018 Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com
Some of the industry participants include Mitex International, <strong>Foam</strong> Supplies, BASF, NCFI,<br />
Demilec, Rhino Linings, Dow Chemical, Henry Company <strong>and</strong> others.<br />
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