Global Spray Polyurethane Foam Market Expected to Grow

According to a new market report published by Transparency Market Research, “Spray Polyurethane Foam (Open-Cell, Closed-Cell and Others) Market for Residential Walls, Residential Roofing, Commercial Walls, Commercial Roofing and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global spray polyurethane foam market was valued at USD 1,135.3 million in 2012 and is expected to reach USD 1,823 million by 2019, growing at a CAGR of 7.0 percent from 2013-19. In terms of volume, spray polyurethane foam consumption was 473.5 kilo tons in 2012.

Spray polyurethane foam (SPF) is an effective substitute for traditional insulation materials. Higher efficiency and lower carbon footprint during production have been major factors driving the SPF market. In addition, increasing threat of energy crisis leading to stringent government regulations for energy-efficient structures is expected to further augment the market growth. Isocyanates employed in the production of SPF cause severe occupational health hazards including asthma which has been a major factor restraining growth of the SPF market. Volatility of raw material prices has also restrained the demand for SPF. Developing low cost bio-based SPF is expected to offer huge growth opportunities in the market.

Open-cell and closed-cell SPF together constitute over 90 percent of the global demand for SPF and the trend is expected to continue during the forecast period. Growing demand for residential applications in developed countries is expected to fuel demand for open-cell SPF. Other application segments include one component foam and high density SPF. Demand in other segment is driven by innovation and higher degree of customization.

Demand for SPF can be segregated into five major application segments: residential roofing, residential walls, commercial roofing, commercial wall and other niche applications. Residential roofing application dominates the global demand for SPF. Other application segments include medical equipment and transportation, among others.

North America followed by Asia Pacific dominates the global demand for SPF. Increasing industrial investment mainly in the developing economies of Asia Pacific is expected to drive demand for closed-cell SPF. Europe is expected to be the fastest growing region for SPF market during the forecast period. Stringent government regulations are expected to drive SPF market in the developed economies of North America and Europe.

Some of the major industry participants include BASF Corporation, Lapolla Industries Inc., NCFI Polyurethanes, Bayer MaterialScience, Icynene Inc., Premium Spray Products, CertainTeed Corporation, Rhino Linings Corporation, The Dow Chemical Company and Demilec among 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

Spray Polyurethane Foam Alliance Completes ISO-compliant Life Cycle Assessments

The Spray Polyurethane Foam Alliance (SPFA), the educational and technical resource to the spray polyurethane foam industry, has announced the completion of an ISO-compliant Life Cycle Assessment (LCA) for three generic formulations that include open-cell, closed-cell and roofing foams. The Life Cycle Assessment is published and available as a free download from the SPFA website. Using the results of the LCA, the SPFA has collaborated with UL Environments to develop an Environmental Product Declaration (EPD), which allows spray polyurethane foam contractors to assist sustainable building designers in obtaining proper credit among leading sustainable building programs for spray foam insulation and roofing materials use.

An EPD is a third-party reviewed document that summarizes the results of the more detailed LCA. EPDs are required by design professionals to satisfy requirements of many sustainable building programs, such as the US Green Building Council’s LEED v4 program, the International Green Construction Code and GreenGlobes, to name a few. For example, the current LEED v4 program enables a building design to earn 1/4 point for using products that have an LCA; 1/2 point for products with a generic EPD (such as the one from SPFA), and 1 point for products using a product-specific EPD from a material supplier.

SPF contractors may now provide copies of the generic SPFA EPD to sustainable building designers to assure proper credit for SPF insulation and roofing materials. The EPD can also be used as general supporting information for customers wanting to use ‘green’ products. The SPFA EPD and related Transparency Briefs for each foam class are now available at no charge from the UL Environments website.