Lucintel Forecasts Spray Foam Insulation Market To Reach $4 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the spray foam insulation market is projected to reach an estimated $4 billion by 2030 at a CAGR of 4.9% from 2023 to 2030. Growth in this market is primarily driven by stringent government regulation towards the reduction of greenhouse gas emission and to increase energy efficiency in homes and buildings.
Browse 157 figures/charts and 132 tables in this 240-page report to understand trends, opportunities and forecast in spray foam insulation market by product type (closed cell and open cell), end use industry (residential, commercial, and others), application (wall insulation, roof insulation, concrete rehabilitation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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Lucintel forecasts that wall insulation is expected to remain the largest application and it will witness the highest growth over the forecast period, supported by increasing demand for energy-efficient insulation for home and building structures.
Residential is expected to remain the largest end use industry ...
... and witness the highest growth in the forecast period due to growth in potential homeowners who are looking for eco-friendly and energy efficient insulation for their homes and buildings.
North America is expected to remain the largest market over the forecast period, supported by increasing residential construction and government regulations for energy efficiency.
BASF SE, FFL PArtners LLC, Carlisle Companies Inc., Huntsman Corporation, and Saint-Gobain are the major suppliers in the spray foam insulation providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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