Title: Rigid Spray Polyurethane Foam Market trends research and projections for 2017- 2024
1Rigid Spray Polyurethane Foam Market growth
outlook with industry review and forecast
2017-2024
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2Global Market Scenario of Rigid Spray
Polyurethane Foam Industry
- Rigid Spray Polyurethane Foam Market will surpass
USD 1.1 billion by 2024 according to a new
research report by Global Market Insights, Inc. - Depleting non-renewable energy resources and
extensive use of fossil fuels have resulted in an
energy crisis. This has become a major cause of
concern among countries across the globe and has
led to the growing demand for energy-efficient
and green residential and commercial buildings. - Rigid SPFs are used to cover cracks, gaps, and
holes in walls ceiling and also insulate
structures, reducing the energy loss. The foams
also help in avoiding any soil or air pollutants
from entering the structure, thereby maintaining
a healthy environment in the structure. - Therefore, SPFs have a higher acceptance over
the traditional glass fibers due to several
benefits including higher efficiency and
ease-of-installation. Along with new construction
sites, these regulations have boosted the growth
of the rigid spray polyurethane foam market in
the renovation of old residential and commercial
buildings throughout the forecast spell.
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3Continue-
- Raw materials such as methylene diphenyl
diisocyanate (MDI) and tolylene diisocyanate
(TDI), used to produce rigid spray polyurethane
foam, may cause severe health risks including
skin problem and asthma. Although spray
polyurethane foam does not cause any health
hazards after installation, occupational-related
health hazards have become a major concern. - These raw materials are isocyanates which are
considered as reactive chemicals and prolonged
exposure to isocyanates may cause skin, eye, lung
irritation, and other respiratory issues. - Increasing awareness about health hazards has
led to the growth in demand for bio-based rigid
spray polyurethane foam market. This will be one
of the key restraining factors for
isocyanates-based SPF market in coming years.
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5360 Industry Analysis
- Rigid spray polyurethane foam market is divided
based on end-use, application and region. On the
basis of end-use, the industry is divided into
agricultural, commercial, institutional,
residential, and industrial buildings. - In terms of revenue, agricultural buildings will
account for over USD 45 million in 2024 growing
at substantial rate throughout the forecast spell
owing to extensive product usage in insulation,
water/moisture thermal resistance on the floor,
walls, ceilings and roof, decks of vegetable
fruits refrigeration warehouses, and cold
storages. Significant agricultural activities and
positive trend towards the cool storage of food
products in Asia Countries such as India, China
and Japan will further augment the rigid spray
polyurethane foam market demand by 2024. -
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6Industry Background
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7- Regional Analysis
- Germany rigid SPF market will likely generate
over USD 55 million in forecast spell owing to
the positive growth in the residential and
industrial building construction activities. The
product is used as an insulating and protecting
agent on the building floor, roofs and walls.
This in turn, will propel the regional rigid
spray polyurethane foam market over the forecast
timeframe. - Competitive Analysis
- Some of the industry participants include Mitex
International, Foam Supplies, BASF, NCFI,
Demilec, Rhino Linings, Dow Chemical, Henry
Company and others.
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8Latest Research Report On Rigid Spray
Polyurethane Foam Market _at_ https//www.gminsights.
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