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The spray polyurethane foam market size is forecast to increase by USD 1.64 billion at a CAGR of 10.16% between 2023 and 2028. The spray polyurethane foam (SPF) market is experiencing significant growth due to its increasing utilization in building construction for insulation and air barrier applications. SPF effectively seals cracks, voids, and crevices in walls and roofs, providing energy efficiency and enhancing the overall building performance. Weather conditions and construction activities further boost the demand for SPF, as it offers excellent resistance to temperature fluctuations and structural movement. In response to environmental concerns, the industry is witnessing a shift towards the use of methylal and hydrofluoroolefin (HFO) blowing agents as alternatives to hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs). Additionally, the market is witnessing a growing demand for alternative insulation materials, which may impact the future growth of the SPF market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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