PUBLISHER: The Business Research Company | PRODUCT CODE: 1927265
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927265
Spray foam is an insulation material applied in liquid form that rapidly expands into a foam. Its primary function is to deliver superior thermal insulation and create an airtight seal by filling gaps, cracks, and cavities within buildings. This enhances energy efficiency and helps prevent air and moisture infiltration.
The main types of spray foam products include open-cell, closed-cell, and others. Open-cell spray foam is characterized by its low density and sponge-like structure, which allows for air and moisture permeability. It is available in low, medium, and high densities and is used in applications such as residential and commercial construction, among others. Its distribution channels consist of both direct and indirect sales, with key end-users including the building and construction, automotive, packaging, oil and gas industries, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the spray foam market by increasing the cost of imported isocyanates, polyols, and spraying equipment used in foam formulation and application. These impacts are most evident in north america and europe where raw material imports are significant. Higher input costs have affected insulation project pricing. At the same time, tariffs are driving domestic chemical production, supply chain localization, and innovation in alternative and bio based spray foam materials.
The spray foam market research report is one of a series of new reports from The Business Research Company that provides spray foam market statistics, including spray foam industry global market size, regional shares, competitors with a spray foam market share, detailed spray foam market segments, market trends and opportunities, and any further data you may need to thrive in the spray foam industry. This spray foam market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The spray foam market size has grown strongly in recent years. It will grow from $3.16 billion in 2025 to $3.38 billion in 2026 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to growth in building insulation demand, rising energy costs, adoption of spray applied insulation, expansion of residential construction, awareness of thermal efficiency.
The spray foam market size is expected to see strong growth in the next few years. It will grow to $4.37 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to stringent energy efficiency regulations, growth in sustainable construction, demand for high performance insulation, renovation of aging buildings, expansion of commercial construction. Major trends in the forecast period include rising demand for energy efficient insulation, growing use in green building projects, expansion of residential construction insulation, increasing adoption of closed cell spray foam, focus on air sealing and moisture control.
The expansion of building and construction activities is expected to fuel the growth of the spray foam market in the coming years. Building and construction activities encompass the planning, design, development, and construction of residential, commercial, industrial, and infrastructure projects, including new builds, renovations, remodeling, and maintenance. The rise in these activities is primarily driven by rapid urbanization, as growing urban populations increase demand for housing, infrastructure, and related services, thus boosting construction volumes. Spray foam supports these activities by offering superior insulation and air sealing properties, which enhance energy efficiency and structural durability. Its fast-curing application also simplifies installation, accelerating project timelines and improving overall performance. For example, in April 2025, the United States Census Bureau, a US government agency, reported that construction spending reached $2,156,495 million in 2024, up from $2,023,662 million in 2023. Therefore, the increase in building and construction activities is propelling the spray foam market growth.
Leading companies in the spray foam market are focusing on developing advanced formulations with quick curing times to boost efficiency, accelerate project completion, and enhance performance. Quick-curing products refer to spray foam formulations that harden rapidly after application, allowing faster handling, trimming, and finishing. For instance, in September 2024, Dupont Performance Building Solutions, a US-based firm, introduced Great Stuff Wide Spray Foam Sealant-an innovative product designed to effectively seal large gaps, irregular surfaces, and hard-to-reach areas. This spray foam features a quick-curing, one-component formula that expands up to 1 inch, creating a durable, airtight, and weather-resistant seal.
In March 2023, Specialty Products & Insulation Co. (SPI), a US-based manufacturing company, acquired Foam Direct LLC for an undisclosed consideration. Through this acquisition, Specialty Products & Insulation Co. seeks to expand its foam conversion capabilities and reinforce its market presence by incorporating Foam Direct LLC's specialized foam fabrication expertise into its product portfolio. Foam Direct LLC is a US-based manufacturing company that focuses on delivering custom foam fabrication, cutting, and conversion solutions across a broad range of industrial applications.
Major companies operating in the spray foam market are BASF SE, Covestro AG, Huntsman Corporation, Dow Inc., Honeywell International Inc., DuPont de Nemours Inc., Wanhua Chemical Group Co., Ltd., Lanxess AG, Tosoh Corporation, Mitsui Chemicals, Inc., LyondellBasell Industries N.V., Arkema S.A., SABIC, Evonik Industries AG, PCC Group, Kumho Mitsui Chemicals, DIC Corporation, Asahi Kasei Corporation, Eastman Chemical Company, Recticel NV, Rogers Corporation
North America was the largest region in the spray foam market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spray foam market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the spray foam market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The spray foam market consists of sales of agricultural spray foam, marine spray foam, one-component spray foam, spray foam kits, and spray foam roofing systems used for insulation, sealing, and protective coatings in residential, commercial, and industrial applications. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Spray Foam Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses spray foam market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for spray foam ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The spray foam market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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