6.5% CAGR for Semi-Rigid Spray Polyurethane Foam Market expected up to 2024 Analysis By Application Wall, Roof, Floor.
Global Market Insights, Inc., has come up with a report on the Semi-Rigid Spray Polyurethane Foam Market which provides a holistic synopsis of the market size, market valuation, revenue estimate, SWOT analysis, and the geographical spectrum of this industry.
Selbyville, United States – September 27, 2019 /MarketersMedia/ —
An analysis of Semi-Rigid Spray Polyurethane Foam Market has been provided in the latest report launched by Global Market Insights, Inc. that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.
According to a new research report by Global Market Insights, Inc. Semi-Rigid Spray Polyurethane Foam Market size will surpass USD 1.1 billion by 2024.
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Growth drivers are
1. Growth construction industry in Asia Pacific and the U.S.
2. Stringent government regulations regarding energy efficiency
Semi-Rigid Spray Polyurethane Foam Market are basically spray-based plastic that offers insulation solutions for buildings. It comprises of unique liquid substances which expands on application to create foam that offers insulation to roof, wall, floor, etc.
It also provides vapor barriers, form moisture, and seals gap. Unique properties such as resistance to heat transfer and elimination of unwanted air filtration through joints, seams and cracks makes semi-rigid SPF an ideal product for insulating commercial, residential, industrial building & infrastructure.
Rising concern regarding climatic changes due to global warming is substantially growing the demand for building insulation products throughout the world. Extensive application of insulation products in maintaining indoor temperature and storage heat panels is stimulating the semi-rigid SPF market. For instance, overall energy demand in Europe depends significantly on the building and infrastructure industry.
The UN has stated energy conservation as the most major challenge in the European Union, based on which the government bodies have taken various measures to adopt energy efficient technology and reduce gap between increasing power demand and energy consumed. These initiatives to promote building energy efficiency will favor semi-rigid spray polyurethane foam industry growth in the European region.
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Floor application sector is steadily growing with revenue estimated to be more than USD 18 million by the end of 2024. The increase in global temperature has necessitated the use of semi-rigid spray polyurethane foam products on building floors to enhance the building thermal mass. Walls will hold sway the application sectors with more than half of the overall semi-rigid SPF market share by the end of the forecast period.
Japan semi-rigid Semi-Rigid Spray Polyurethane Foam Market is estimated to be over USD 40 million in 2024 with Asia Pacific accounting for more than 20% of the global share. Technologically advanced architectural designs and increasing investments in the regional construction industry will boost the overall semi-rigid spray polyurethane market demand. Rising number of warehouses and cold storages in agrarian economies such as India and China will also signify the regional market growth.
Partial Chapter of the Table of Content:
Chapter 3. Semi-Rigid Spray Polyurethane Foam Market Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Profit margin
3.3.3. Value addition
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.3.5.1. List of key raw material suppliers
3.3.5.2. List of key manufacturers/suppliers
3.3.5.3. List of key/potential customers
3.3.5.4. List of key service providers
3.4. Raw material trends
3.5. Innovation & sustainability
3.5.1. Patent analysis
3.5.2. Technology landscape
3.5.3. Production process
3.5.4. Comparison of manufacturing techniques
3.5.5. Future trends
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Growth construction industry in Asia Pacific and the U.S.
3.6.1.2. Stringent government regulations regarding energy efficiency
3.6.2. Industry pitfalls & challenges
3.6.2.1. Volatile prices of raw materials
3.6.2.2. Occupational health hazards associated with the product
3.7. Regulatory trends
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Growth potential analysis
3.9. Competitive landscape
3.9.1. Company market share, 2016
3.9.1.1. Global
3.9.1.2. Regional
3.9.2. Brand analysis
3.9.3. Key stakeholders
3.9.4. Strategy dashboard
3.10. Porter’s analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.1.1. R&D cost
3.11.1.2. Manufacturing & equipment cost
3.11.1.3. Raw material cost
3.11.1.4. Distribution cost
3.11.1.5. Operating cost
3.11.1.6. Miscellaneous cost
3.11.2. Price by application
3.11.3. Price by end-use
3.12. PESTEL analysis
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Major Semi-Rigid Spray Polyurethane Foam Market players of the industry are Lapolla Industries, Honeywell, NCFI Polyurethanes, Foam Supplies, and Dow Chemical. The industrial players of this market are expanding their production capabilities owing to growth in North America residential building construction and restoration activities.
Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/semi-rigid-spray-polyurethane-foam-market
Source: MarketersMedia
Release ID: 88923510
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