According to the recent study the North American spray foam insulation market is projected to reach an estimated $2 billion by 2028 at a CAGR of 3.5% from 2023 to 2028. Growth in this market is primarily driven by increasing building and construction activities, stringent government regulations for energy efficiency, and increasing demand for green building insulation.
Browse 36 figures/charts
and 25 tables in this 90-page report to understand trends, opportunities and
forecast in North American spray foam insulation market by application (wall
insulation, roof insulation, concrete rehabilitation, and others), product type
(closed cell and open cell), end use (residential, commercial, and others),
and countries (United States of America, Canada, and Mexico).
“Wall insulation market is
expected to remain the largest segment during the forecast period.”
Based on application,
the North American spray foam insulation
market is segmented into wall insulation, roof insulation, concrete
rehabilitation, and others. Lucintel forecasts that the wall insulation market
is expected to remain the largest segment over the forecast period due to
better acoustic and moisture resistant properties of spray foam
insulation.
“Within the automotive suspension market, the residential segment
is expected to remain the largest end use.”
Based on end use, the residential
segment is expected to witness the largest end use industry during the forecast
period due to increasing use of green technologies that are incorporated into
residential constructions to reduce energy consumption.
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clicking on North American spray foam insulation
market.
Major players of North
American spray foam insulation market are adopting various growth strategies
like new product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. BASF
SE, FFL Partners LLC, Carlisle Companies Inc., and Huntsman Corporation are
among the major North American spray foam insulation providers.
This exclusive report
from Lucintel 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 click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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