Spray Polyurethane Foam Industry: Global Survey, Trends, Outlook,Forecast by 2019

A recently released report by Transparency Market Research (TMR) forecasts that the global spray polyurethane foam market will expand at a CAGR of 7% from 2013 to 2019. TMR, a market intelligence firm, states that by 2020, the global spray polyurethane foam market will reach US$1823 million by the end of the forecast period from US$1135.3 million in 2012. The report, titled ‘Spray Polyurethane Foam (Open Cell, Closed Cell and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019’, is available for sale on the company website.

According to this market research report, the global spray polyurethane foam market is mainly driven by rising demand from the rapidly expanding construction market, greater focus on energy efficiency, and the widespread implementation of stringent government regulations.

This 79 page report gives readers a comprehensive overview of the Spray Polyurethane Foam market. Browse Market Research Report @
http://www.transparencymarketresearch.com/spray-polyurethane-foam-market.html

Spray polyurethane foam is derived from the mixing of polyols and isocyanates in the presence of catalysts. This foam is generally used as an insulating material on building substrates. Unlike traditional substitutes such as glass, spray polyurethane foam possesses higher energy conservation qualities, and thus leaves a lower carbon footprint.
This PMR report segments the global spray polyurethane foam market on the basis of product, application, and geography. On the basis of product, this market is segmented into open cell, closed cell, and others. The open cell and closed cell segments taken together account for a whopping 90% of the global spray polyurethane foam market. Ongoing trends indicate that these two segments will expand rapidly in the forthcoming years as well.

Based on applications, the global spray polyurethane foam market is categorized into commercial roofing, residential walls, commercial walls, residential roofing, and others. The segment for residential roofing holds the highest share in the global spray polyurethane foam market. The rising demand for spray polyurethane foam can be attributed to the ecological benefits of the same and also government regulations emphasizing the importance of energy efficiency structures.

Much of the demand for spray polyurethane foam comes from the construction industry, which is expanding rapidly. However, the occupational health hazards caused by the inputs used in the manufacturing of spray polyurethane foams is a serious restraint in the global spray polyurethane foam market.

Geographically, the market study segments the global spray polyurethane foam market is segmented into Asia Pacific, North America, Europe, and Rest of the World. In 2012, the global spray polyurethane foam market was dominated by North America with a share that exceeded 44% of the global market. The spray polyurethane foam markets in Europe and North America are mainly driven by stringent government regulations. High industrial investments in Asia Pacific will stimulate the demand for spray polyurethane foam in this region during the forecast period.

Get accurate market forecast and analysis on the Spray Polyurethane Foam market. Request a sample to stay abreast on the key trends impacting this market@
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The report identifies the following key companies in the global spray polyurethane foam market: Demilec, The Dow Chemical Company, Rhino Linings Corporation, CertainTeed Corporation, Premium Spray Products, NCFI Polyurethanes, Lapolla Industries Inc., BASF Corporation, and Icynene Inc. amongst others.

This report segments the global spray polyurethane foam market as follows:
Spray Polyurethane Foam Market: Product Segment Analysis
Open Cell
Closed Cell
Others (Including high density spray polyurethane foam, one component foam, etc.)

Spray Polyurethane Foam Market: Application Analysis
Residential walls
Residential roofing
Commercial walls
Commercial roofing
Others (Including Medical, Telecom, Transportation, etc.)

Spray Polyurethane Foam Market: Regional Analysis
North America
Europe
Asia Pacific
Rest of the World

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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This release was published on openPR.