United States Spray Polyurethane Foam Market 2031 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

Global Spray Polyurethane Foam market is estimated to grow at a CAGR Of 7.77% during the forecast period 2024- 2031.

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Key Development:

United States

✅ In December 2025, BASF expanded its spray polyurethane foam portfolio with the launch of WALLTITE® RSB, a sustainable closed-cell SPF solution incorporating recycled and renewable content. The product is designed to support low-carbon construction while maintaining high thermal performance. It reflects growing demand for environmentally responsible insulation systems in the U.S.

✅ In November 2025, Johns Manville launched JM QuickFoam® Adhesive with advanced retraction technology, improving installation speed and surface finish for insulation and roofing applications. The launch enhances contractor efficiency and application consistency. It strengthens Johns Manville's position in high-performance SPF solutions.

✅ In December 2025, Huntsman Building Solutions introduced updated winter application protocols for spray polyurethane foam systems, helping contractors maintain foam quality in low-temperature environments. The initiative supports installation reliability and long-term insulation performance. It aligns operational practices with seasonal construction challenges.

✅ In November 2025, TopBuild Corp. completed multiple strategic acquisitions across U.S. regional markets, expanding its spray foam installation and specialty insulation capabilities. The acquisitions enhance service coverage and contractor support. They reinforce TopBuild's role in the SPF value chain.

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Japan

✅ In January 2026, Japanese construction material manufacturers increased deployment of advanced spray polyurethane foam systems in building envelopes, focusing on energy efficiency and airtightness. These applications support evolving green building standards. The trend reflects rising adoption of high-performance insulation technologies.

✅ In December 2025, Japanese polyurethane producers accelerated digitalization initiatives in spray foam manufacturing, integrating automation and process optimization to improve product consistency. The developments enhance production efficiency and regulatory compliance. They support modernization across SPF supply chains.

✅ In November 2025, Japanese chemical companies advanced R&D programs for low-GWP and bio-based spray polyurethane foam formulations, aligning with sustainability goals and environmental regulations. The efforts focus on reducing lifecycle emissions. They signal long-term commitment to greener insulation solutions.

✅ In December 2025, industry collaboration in Japan highlighted innovative SPF applications for energy-efficient buildings, promoting wider adoption in residential and commercial construction. These developments strengthen awareness of spray foam benefits. They support national energy conservation objectives.

Key Players:

=> BASF SE, Rhino Linings Corporation, Lapolla Industries, Inc., Bayer AG, NCFI Polyurethanes, ICYNENE, Demilec (USA) Inc., Dow, CERTAINTEED., Specialty Products Inc., Covestro AG, Foam Supplies, Inc., Mitex Global (Hong Kong) Ltd and GLOBAL CELLULOSE CORPORATION and others.

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Key Segments:

By Type

Closed-cell Spray PU Foam dominates the market with nearly 58% share, driven by its superior insulation performance, moisture resistance, and high structural strength, making it ideal for roofing, walls, and waterproofing applications. Open-cell Spray PU Foam accounts for around 34%, supported by its cost-effectiveness, sound insulation properties, and widespread use in residential interiors. Others hold the remaining 8%, including hybrid and specialty foam formulations.

By Product

Two-component high-pressure spray foam leads with approximately 52% market share, owing to its large-scale industrial and commercial usage, higher output efficiency, and better material consistency. Two-component low-pressure spray foam represents 28%, primarily used in small-scale construction and retrofitting projects. One-component foam (OCF) accounts for 14%, driven by demand for gap filling, sealing, and repair applications. Others contribute the remaining 6%, including customized and niche spray systems.

By Application

Insulation is the largest application segment, capturing nearly 46% of the market, supported by energy efficiency regulations and green building initiatives. Waterproofing follows with 26%, driven by increasing demand for moisture protection in roofs, basements, and infrastructure projects. Sealants account for 18%, widely used for air sealing and cr@ck filling. Asbestos Encapsulation represents 10%, driven by renovation and remediation projects in aging buildings.

By End-User

Residential applications dominate with around 41% share, fueled by rising housing construction, renovation activities, and energy-efficient home upgrades. Commercial end-users account for 35%, supported by demand from offices, retail complexes, and institutional buildings. Industrial applications hold 24%, driven by insulation and waterproofing needs in manufacturing plants, cold storage, and warehouses.

By Region

North America leads the market with approximately 36% share, driven by strict building energy codes and strong adoption of spray foam insulation. Europe follows at 27%, supported by sustainability regulations and demand for thermal efficiency. Asia Pacific holds 25% and is the fastest-growing region, fueled by rapid urbanization, infrastructure expansion, and growing construction activity.
Latin America accounts for 7%, while the Middle East & Africa represent 5%, driven by demand for thermal insulation and waterproofing in extreme climate conditions.

FAQ

Q: What is the growth rate of the Spray Polyurethane Foam Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 7.77% during the forecast period from 2024 to 2031.

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