According to the research report titled ‘North America Spray Polyurethane Foam For Building & Construction Market Size, Share and Industry Analysis Report by Product (Open Cell, Closed Cell), Application (Residential Walls, Residential Roofs, Commercial Walls, Commercial Roofs, Below Grade Residential, Below Grade Commercial), Container Size (12 - 24 oz. Cans, Up To 55 Gallons, Above 55 Gallons) and Usage (Cartridge Foam, 2-Part Kit), Country Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, North America spray polyurethane foam for building & construction market is estimated to record remarkable growth over 2021-2027.

Report findings suggest that expanding construction sector, and strict government policies on energy efficiency are primarily driving North America spray polyurethane foam for building & construction market growth.

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Spray polyurethane foam (SPF) roofing is being extensively used across various applications including commercial, agricultural, industrial, and residential sectors. Additionally, major industry players have been implementing innovative strategies to expand their customer base, which is in turn propelling overall industry development.

On the downside, fluctuating raw material prices, and occupational health hazards that come with using the product are likely to slow down industry development in the upcoming years.

Considering product type fragmentation of North America spray polyurethane foam for building & construction industry, closed cell segment is anticipated to register a 6% y-o-y growth over the assessment timeframe, owing to their excellent thermal resistance properties.

Based on application spectrum, below grade residential segment is on track to record a CAGR of 4.4% over 2021-2027, due to imposition of strict energy codes that require insulating below grade walls to boost energy usage in homes across most climate zones in the U.S.

By container size, the up to 55 gallons segment captured 70% share in market revenues in 2020. A majority of manufacturers have standard packaging size offerings of 5 gallons and 55 gallons, which is expected to propel segmental outlook in the upcoming years.

Speaking of usage terrain, 2-part kits segment generated USD 130 million in 2020 and is poised to gain constant traction in the coming years, as these kits are easy to handle and transport.

On the geographical front, Canada industry is touted to exhibit 5% y-o-y growth over the forecast period. Increasing number of housing & commercial construction projects, and growing presence of international & local manufacturers in the country are supporting regional industry development.

Major players in North America spray polyurethane foam for building & construction marketplace are Mitex International (H.K.) Ltd., International Cellulose Corp., Foam Supplies Inc., Henry Co., Specialty Products Inc., DuPont de Nemours Inc., CertainTeed Corp., Carlisle Companies Inc., Accella Polyurethane Systems (Premium Spray Products), Rhino Linings Corp., Demilec Inc., Icynene Inc., NCFI Polyurethane (Barnhardt Manufacturing Co.), Bayer AG, Lapolla Industries Inc., and BASF SE.