- Spray polyurethane foam (SPF) is a versatile material used for insulation, waterproofing, and sealing, offering superior thermal resistance, air sealing, and durability compared to traditional materials
- The demand for SPF is fueled by the global push for green building certifications, growing construction activities, and the need for retrofitting older buildings to improve energy efficiency
- North America dominated the spray polyurethane foam market with the largest revenue share of 38.5% in 2024, driven by robust construction activity, high adoption of energy-efficient materials, and the presence of leading manufacturers. The U.S. leads due to widespread use in residential and commercial buildings
- Asia-Pacific is anticipated to be the fastest-growing region during the forecast period, propelled by rapid urbanization, increasing infrastructure investments, and rising disposable incomes in countries such as China and India
- The open-cell foam segment held the largest market revenue share of 65% in 2024, driven by its cost-effectiveness, flexibility, and superior soundproofing and moisture resistance properties, making it ideal for residential and commercial interior applications such as wall cavities and crawl spaces
