According to the recent study the spray foam equipment market is projected to reach an estimated $183 million by 2030 at a CAGR of 4.8% 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 157 figures/charts
and 132 tables in this 240-page report to understand trends, opportunities and
forecast in 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
wall insulation is expected to remain the largest application segment, and this
segment is projected to 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 infrastructure type, and it will 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.
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spray foam equipment market.
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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