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Lucintel Forecasts The Global Spray Foam Equipment Market To Reach $183 Million By 2030
According to the recent study the global spray foam equipment market is projected to reach an estimated $183 million by 2030 from $129 million in 2023 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by the stringent government regulations towards the reduction of greenhouse gas emission and growing demand for automobiles in automotive industry.
Browse 119 figures/charts and 113 tables in this 210-page report to understand trends, opportunities and forecast in global spray foam equipment market by product type (closed cell and open cell), infrastructure type (residential, commercial, and industrial), application (wall insulation, roof insulation, concrete rehabilitation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that building and construction is expected to remain the largest application segment, and this segment is projected to witness the highest growth over the forecast period,
Electric is expected to remain the largest technology, and it will witness the highest growth in the forecast period.
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North America is expected to remain the largest market over the forecast period, supported by increasing residential construction and government regulations for energy efficiency.
Graco, Intech Equipment and Supply, Spray Foam Systems, Vag Polytech Private Limited, Demilec, Specialty Products, Bayer, Profoam Corporation are the major supplier in the spray foam equipment market.
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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