Press release
Spray Polyurethanes Foam Market 2020-2026, Covid-19 Impact | Key Major Players : NCFI Polyurethanes, Accella Polyurethane System, LLC.., Rhino Linings Corporation, Specialty Products Inc
Spray Polyurethanes Foam Market
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Market Analysis: Global Spray Polyurethanes Foam Market
Global spray polyurethanes foam market is expected to, register a substantial CAGR of 7.60% in the forecast period of 2019-2026. This report contains the data of base year 2018 and historic year 2017.This rise in market value can be attributed to the increase in awareness regarding the benefits of spray polyurethanes foam to protect the wall from the thermal leak and also have the ability to enhance the life span of the wall.
Key Market Competitors:
Few of the major competitors currently working in the global spray polyurethanes foam market are BASF SE, CERTAINTEED, CUFCA, Everchem Specialty Chemicals., Huntsman International LLC, ICYNENE, Lapolla Industries, Inc., NCFI Polyurethanes, Accella Polyurethane System, LLC.., Rhino Linings Corporation, Specialty Products Inc., BaySeal, Henry Company., Gaco Western, Honeywell International Inc, jjdurethane.com, Saint-Gobain, Contego International Inc, Tagos S.r.l., Tecnopol, among others.
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Market Definition: Global Spray Polyurethanes Foam Market
Spray polyurethanes foam is an insulator that is sprayed on the interior parts such as walls, floors, others. It is used to protect the walls from the thermal leakage. The foam is comprised of two liquid component polyol blends and MDI. It enhances the life span of the wall as it reduces the maintenance cost of the wall. It usually comes in two forms, open cell form and closed cell form. It makes the wall heat resistant and it reduces the unwanted air infiltration that happen due to cracks, joints in the wall.
Segmentation: Global Spray Polyurethanes Foam Market
Spray Polyurethanes Foam Market : By Product
Open cell
Closed cell
Others
Spray Polyurethanes Foam Market : By Construction Type
Commercial
Residential
Spray Polyurethanes Foam Market : By Application
Residential Roofing
Residential Walls
Commercial Roofing
Commercial Walls
Others
Spray Polyurethanes Foam Market : By End Use
Building & construction
Automotive
Electronics
Others
Spray Polyurethanes Foam Market : By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Market:
In September 2019, Demilec (USA) Inc., announced the launch of spray form insulation products Heatlok HFO Pro, Heatlok XT, Sealection 500 and Agribalance for the middle east market. This launch will help the company to strengthen their market position and help them to provide better services to their customer. The mixture of Huntsman's new systems house with Demilec's new technology and training center will allow Demilec to provide their customers in the Middle East with the same premium service and support that they provide in North America
In December 2015, ICP BUILDING SOLUTIONS GROUP announced the launch of Handi-Gun ll which is an improved dispensing unit specially designed to spray low pressure spray polyurethane foams (SPF) and pour-in-place polyurethane foams (PIP). It has a high tech hi/low switch with meterable flow and a safe trigger that protect from accidental chemical release and more controllable application. It provides the most accurate metering with labour saving and low waste
Spray Polyurethanes Foam Market Drivers:
Rising government initiative on the public infrastructure will uplift the growth of the market
Increasing awareness regarding the green house emission is another factor that boost the market growth
Growth in construction industry will augments the market growth
Rising demand for energy efficient and green buildings will drive the growth of the market
Spray Polyurethanes Foam Market Restraints:
High raw material prices will hamper the growth of the market
Rising health problem such as asthma, skin irritation due to use of spray polyurethanes form will obstruct the market growth
High dependency on the isocyanates which is a crude oil derivative will inhibit the growth of the market
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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