Spray Foam Market Report 2025 (Global Edition)

Global Spray Foam Market Report 2025 Market Size Split by Product Outlook: (Open Cell, Closed Cell), by Application Outlook: (Construction, Packaging), by Density Outlook: (Low, Medium, High)

Spray Foam Market Report Description

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Spray Foam Market Insights Video

Competitive Landscape of the Spray Foam Market

The spray foam market is competitive, with key players leading through product innovation, sustainability initiatives, and strategic partnerships. Companies are focusing on developing eco-friendly, high-performance spray foam solutions to meet stringent environmental regulations and rising demand for energy-efficient insulation. Smaller players also contribute with niche and cost-effective offerings. The market’s growth is driven by advancements in spray technology, expanding construction activities, and the push for sustainable building materials across residential and commercial sectors.

In May 2024, Huntsman presented the Icynene Series Spray Foam Line at Spray Foam 2024 in Las Vegas—this Icynene series of foams provided high-performance, energy-efficient insulation options. (Source: https://huntsmanbuildingsolutions.com/en-US/news/huntsman-building-solutions-introduces-icynene-series-spray-foam-line-sprayfoam-2024) In February 2024, In collaboration with ExxonMobil, a leading company in advanced recycling technology, Pregis launched an evolution in foam technology supported by certified circular polyethene resins. (Source: https://www.pregis.com/knowledge-hub/press-release/) In June 2024, Zotefoams showcased its ZOTEK F, a high-performance foam. This broad range of products is designed to enhance performance and sustainability across various sectors. (Source: https://www.zotefoams.com/zotefoams-cutting-edge-technical-foam-materials-showcased-at-foam-expo-north-america-2024/)

Top Companies Market Share in Spray Foam Industry: (In no particular order of Rank)

• CertainTeed
• LLC (Saint-Gobain)
• Covestro AG
• Honeywell International Inc.
• NCFI Polyurethanes
• Henry Company
• RHH Foam Systems
• Rhino Linings Corporation
• BASF SE
• Huntsman International LLC
• Johns Manville
• Dow
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Spray Foam Market

Which Region Dominates the Spray Foam Market in 2024?

According to Cognitive Market Research, North America currently dominates the Spray Foams market, and the region is expected to have significant growth during the projected period. This is due to the high demand for energy-efficient insulation in construction, supported by strict building codes and government incentives.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to rapid urbanization, increased construction activities, and rising awareness of energy-efficient building solutions.

The current report Scope analyzes Spray Foam Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Spray Foam

According to Cognitive Market Research, the global Spray Foam market size was estimated at USD 2415.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 966.20 million in 2024 and will rise at the compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Spray Foam market with a market size of USD 762.33 million in 2024 and is foreseen to rise at the CAGR of 4.9% during the forecast years due to the growth in residential and commercial construction activities.
• The Canada Spray Foam market had a market share of USD 115.94 million in 2024 and is foreseen to rise at a CAGR of 5.9% during the forecast years due to the government incentives for sustainable insulation materials.
• The Mexico Spray Foam market is foreseen to witness growth at a CAGR of 5.6% during the forecast years, with a market size of USD 87.92 million in 2024.

Europe Spray Foam

According to Cognitive Market Research, the global Spray Foam market size was estimated at USD 2415.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 724.65 million in 2024 and will rise at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.

• The United Kingdom Spray Foam market had a market share of USD 121.74 million in 2024 and is foreseen to rise at a CAGR of 6.2% during the forecast years. In the UK, Spray Foam sales witness an upswing due to the rising construction and renovation activities.
• The France Spray Foam market is projected to witness growth at a CAGR of 4.6% during the forecast years, with a market size of USD 66.67 million in 2024.
• According to Cognitive Market Research, the German Spray Foam market size was valued at USD 143.48 million in 2024 and is foreseen to rise at the CAGR of 5.6% during the forecast years. In Germany, Spray Foam surged due to the growing demand for energy-efficient buildings.
• The Italy Spray Foam market is foreseen to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 62.32 million in 2024.
• The Russia Spray Foam market is foreseen to witness growtha the CAGR of 4.4% during the forecast period, with a market size of USD 112.32 million in 2024.
• The Spain Spray Foam market is foreseen to witness growth at the CAGR of 4.5% during the forecast years with a market size of USD 59.42 million in 2024
• The Luxembourg Spray Foam market is foreseen to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 22.46 million in 2024.
• The Portugal Spray Foam market is foreseen to witness growth at a CAGR of 5.2% during the forecast years, with a market size of USD 15.22 million in 2024.
• The Greece Spray Foam market is foreseen to witness growth at a CAGR of 5.7% during the forecast years, with a market size of USD 8.70 million in 2024.
• The Rest of Europe's Spray Foam market is foreseen to witness growth at a CAGR of 4.1% during the forecast years, with a market size of USD 112.32 million in 2024.

Asia Pacific Spray Foam

According to Cognitive Market Research, the global Spray Foam market size was estimated at USD 2415.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 555.57 million in 2024 and will rise at a compound annual growth rate (CAGR) of 8.9% from the year 2024 to 2031.

• According to Cognitive Market Research, the China Spray Foam market size was valued at USD 250.00 million in 2024 and is foreseen to rise at the CAGR of 8.4% during the forecast years. Spray Foam surged in China due to the increasing demand for energy-efficient buildings.
• The Japan Spray Foam market is foreseen to witness growth at a CAGR of 7.4% during the forecast years, with a market size of USD 76.67 million in 2024.
• The India Spray Foam market had a market share of USD 66.67 million in 2024 and is foreseen to rise at the CAGR of 10.7% during the forecast years due to the rising awareness of sustainable construction materials .
• The South Korean Spray Foam market is foreseen to witness growth at a CAGR of 8.0% during the forecast years, with a market size of USD 55.56 million in 2024.
• The Australian Spray Foam market is foreseen to witness growth at a CAGR of 8.6% during the forecast years, with a market size of USD 28.89 million in 2024.
• The South East Asia Spray Foam market is foreseen to witness growth at a CAGR of 9.9% during the forecast years, with a market size of USD 38.33 million in 2024.
• The Rest of Asia Pacific Spray Foam market is foreseen to witness growth at the CAGR of 8.7% during the forecast period, with a market size of USD 39.45 million in 2024.

South America Spray Foam

According to Cognitive Market Research, the global Spray Foam market size was estimated at USD 2415.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 120.78 million in 2024 and will rise at a compound annual growth rate (CAGR) of 6.3% from the year 2024 to 2031.

• According to Cognitive Market Research, the Brazil Spray Foam market size was valued at USD 51.69 million in 2024 and is foreseen to rise at the CAGR of 6.9% during the forecast years. Spray Foams flourished in Brazil due to the growing demand for energy-efficient buildings.
• Argentina's Spray Foam market had a market share of USD 20.29 million in 2024 and is foreseen to rise at the CAGR of 7.2% during the forecast years due to the increased awareness of sustainable building practices .
• Colombia Spray Foam market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 10.75 million in 2024.
• Peru Spray Foam market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 9.90 million in 2024.
• Chile's Spray Foam market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 8.70 million in 2024.
• The Rest of Latin America's Spray Foam market is foreseen to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 19.44 million in 2024.

Middle East Spray Foam

According to Cognitive Market Research, the global Spray Foam market size was estimated at USD 2415.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 48.31 million in 2024 and will rise at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031..

• The GCC Countries Spray Foam market is foreseen to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 20.68 million in 2024. Spray Foam sales flourish due to the growing awareness of environmental benefits.
• The Egypt Spray Foam market is foreseen to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 5.07 million in 2024.
• The South Africa Spray Foam market is foreseen to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 7.63 million in 2024. Spray Foam sales flourished in South Africa due to the rising demand for energy-efficient buildings.
• The Turkey Spray Foam market is foreseen to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 4.15 million in 2024.
• The Nigeria Spray Foam market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 5.07 million in 2024.
• The Rest of the MEA Spray Foam market is foreseen to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 5.70 million in 2024.

Spray Foam Market Analysis

How are Segments Performing in the Global Spray Foam Market?

Spray Foam Market Product Segment Analysis

According to Cognitive Market Research, open-cell spray foams are likely to dominate the Spray Foam Market over the forecast period due to their cost-effectiveness, flexibility, and strong insulating properties. Ideal for interior applications, they offer effective soundproofing and insulation with a lower density than closed-cell foams. This makes them popular for residential projects focused on affordability and energy efficiency.

The closed-cell spray foam is the fastest-growing segment in the Spray Foam Market due to its high R-value, moisture resistance, and structural reinforcement capabilities. Ideal for insulation in extreme climates and flood-prone areas, it provides superior energy efficiency and durability, making it known in residential, commercial, and industrial applications focused on long-term performance and resilience.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Spray Foam Industry. Request a Free Sample PDF!

Spray Foam Market Application Segment Analysis

According to Cognitive Market Research, the construction category held the biggest share of the market due to its high demand for energy-efficient insulation in residential, commercial, and industrial buildings. Spray foam's superior thermal resistance, air sealing, and moisture control make it a preferred choice for new constructions and retrofitting projects, driving market growth in teh construction applications.

In the Spray Foam Market, the packaging sector has been expanding at a rapid pace due to its ability to provide excellent cushioning, insulation, and protection for products during transit. Spray foam's lightweight, customizable, and protective nature makes it an ideal solution for shipping sensitive items, boosting demand in industries like electronics and consumer goods.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Spray Foam Density Outlook: Segment Analysis

Spray Foam Market Density Segment Analysis

According to Cognitive Market Research, the low-density foam segment holds the largest market share due to its cost-effectiveness, ease of application, and superior thermal insulation properties. Its ability to expand significantly upon application allows it to fill gaps and provide air and moisture barriers, making it best for residential and commercial insulation, driving widespread adoption.

In the Spray Foam market, the rapidly growing sector is the high-density foam category due to its superior insulating properties, durability, and moisture resistance. It is increasingly preferred for commercial and industrial applications, where high performance and long-term energy efficiency are essential. Its strength and versatility drive rapid adoption across various sectors.

• Low
• Medium
• High

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion