CertainTeed Corporation, BASF, Lapolla Industries, Inc , Gaco, Honeywell Profiled in Semi-Rigid Spray Polyurethane Foam Market Report 2018 By GMI NCFI Polyurethanes®, Icynene Inc., Demilec, Rhino Linings, Henry Company, Foam Supplies, Inc. International

According to a new research report by Global Market Insights, Inc. Semi-Rigid Spray Polyurethane Foam Market to cross $1.1 bn by 2024.

Rising concern regarding climatic changes due to global warming is substantially growing the demand for building insulation products throughout the world. Extensive application of insulation products in maintaining indoor temperature and storage heat panels is stimulating the semi-rigid SPF market. For instance, overall energy demand in Europe depends significantly on the building and infrastructure industry.

The UN has stated energy conservation as the most major challenge in the European Union, based on which the government bodies have taken various measures to adopt energy efficient technology and reduce gap between increasing power demand and energy consumed. These initiatives to promote building energy efficiency will favor semi-rigid spray polyurethane foam industry growth in the European region.

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Semi-rigid spray polyurethane foam (SPF) are basically spray-based plastic that offers insulation solutions for buildings. It comprises of unique liquid substances which expands on application to create foam that offers insulation to roof, wall, floor, etc. It also provides vapor barriers, form moisture, and seals gap. Unique properties such as resistance to heat transfer and elimination of unwanted air filtration through joints, seams and cracks makes semi-rigid SPF an ideal product for insulating commercial, residential, industrial building & infrastructure.

The semi-rigid spray polyurethane foam market is hindered by stringent environmental regulations by bodies such as NIOSH and EPA, implemented to eliminate the risk of chemical exposure during production as the raw materials such as methylene diphenyl diisocyanate (MDI) and toluene diisocyanate (TDI) are toxic in nature with potential carcinogenicity.

Based on end-users, semi-rigid SPF market is segmented into residential, commercial, agricultural, industrial and institutional buildings. Residential buildings sector is likely to account for over 15% of the global market. Rising demand for smart residential homes and apartments equipped with air and moisture resistant features along with heat insulation will boost the segment market growth throughout the forecast spell.

Floor application sector is steadily growing with revenue estimated to be more than USD 18 million by the end of 2024. The increase in global temperature has necessitated the use of semi-rigid spray polyurethane foam products on building floors to enhance the building thermal mass. Walls will hold sway the application sectors with more than half of the overall semi-rigid SPF market share by the end of the forecast period.

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Japan semi-rigid SPF market is estimated to be over USD 40 million in 2024 with Asia Pacific accounting for more than 20% of the global share. Technologically advanced architectural designs and increasing investments in the regional construction industry will boost the overall semi-rigid spray polyurethane market demand. Rising number of warehouses and cold storages in agrarian economies such as India and China will also signify the regional market growth.

Asia Pacific accounted for around a fifth of the entire semi-rigid SPF market in 2017 and this share is expected to rise in the forecast timeframe. China and Japan will lead the Asia Pacific industry owing to the significant construction activities in these countries. Although the eastern Asian countries will have comparatively lower share, the annual growth rates will be higher due to greater potential for market penetration.

Chapter 3. Semi-Rigid Spray Polyurethane Foam Industry Insights

3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Profit margin
3.3.3. Value addition
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.3.5.1. List of key raw material suppliers
3.3.5.2. List of key manufacturers/suppliers
3.3.5.3. List of key/potential customers
3.3.5.4. List of key service providers
3.4. Raw material trends
3.5. Innovation & sustainability
3.5.1. Patent analysis
3.5.2. Technology landscape
3.5.3. Production process
3.5.4. Comparison of manufacturing techniques
3.5.5. Future trends
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Growth construction industry in Asia Pacific and the U.S.
3.6.1.2. Stringent government regulations regarding energy efficiency
3.6.2. Industry pitfalls & challenges
3.6.2.1. Volatile prices of raw materials
3.6.2.2. Occupational health hazards associated with the product
3.7. Regulatory trends
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Growth potential analysis
3.9. Competitive landscape
3.9.1. Company market share, 2016
3.9.1.1. Global
3.9.1.2. Regional
3.9.2. Brand analysis
3.9.3. Key stakeholders
3.9.4. Strategy dashboard
3.10. Porter’s analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.1.1. R&D cost
3.11.1.2. Manufacturing & equipment cost
3.11.1.3. Raw material cost
3.11.1.4. Distribution cost
3.11.1.5. Operating cost
3.11.1.6. Miscellaneous cost
3.11.2. Price by application
3.11.3. Price by end-use
3.12. PESTEL analysis

Chapter 4. Semi-Rigid Spray Polyurethane Foam Market, End-Use By Application

4.1. Global semi-rigid spray polyurethane foam market share by end-use, 2016 & 2024
4.2. Commercial buildings
4.3. Residential buildings
4.4. Industrial buildings
4.5. Agricultural buildings
4.6. Institutional buildings

Chapter 5. Semi-Rigid Spray Polyurethane Foam Market, By Application

5.1. Global semi-rigid spray polyurethane foam market share by application, 2016 & 2024
5.2. Wall
5.3. Roof
5.4. Floor

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