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.
Rigid Spray Polyurethane Foam Market share by applications and regions for 2017- 2024: Global Market Insights, Inc. Rigid Spray Polyurethane Foam Market will surpass USD 1.1 billion by 2024; according to a new research report by Global Market Insights, Inc. Depleting non-renewable energy resources and extensive use of fossil fuels have resulted in an energy crisis. This has become a major cause of concern among countries across the globe and has led to the growing demand for energy-efficient and green residential and commercial buildings. Rigid SPFs are used to cover cracks, gaps, and holes in walls & ceiling and also insulate structures, reducing the energy loss. The foams also help in avoiding any soil or air pollutants from entering the structure, thereby maintaining a healthy environment in the structure. Therefore, SPFs have a higher acceptance over the traditional glass fibers due to several benefits including higher efficiency and ease-of-installation. Along with new construction sites, these regulations have boosted the growth of the rigid spray polyurethane foam market in the renovation of old residential and commercial buildings throughout the forecast spell. Raw materials such as methylene diphenyl diisocyanate (MDI) and tolylene diisocyanate (TDI), used to produce rigid spray polyurethane foam, may cause severe health risks including skin problem and asthma. Although spray polyurethane foam does not cause any health hazards after installation, occupational-related health hazards have become a major concern. These raw materials are isocyanates which are considered as reactive chemicals and prolonged exposure to isocyanates may cause skin, eye, lung irritation, and other respiratory issues. Increasing awareness about health hazards has led to the growth in demand for bio-based rigid spray polyurethane foam market. This will be one of the key restraining factors for isocyanates-based SPF market in coming years. © 2018 Global Market Insights Inc. All Rights Reserved www.gminsights.com