U.S. Spray Foam Insulation Market Size to Reach $1.01 Billion by 2030, Driven by Growing Demand for Closed-Cell Spray Foams
"U.S. Spray Foam Insulation Market Research Report by Arizton"
According to Arizton's latest research report, the U.S. spray foam insulation market is growing at a CAGR of 5.09% during 2024-2030.
Report Scope:
Market Size (2030): $1.01 Billion
Market Size (2024): $750.02 Million
CAGR (2024-2030): 5.09%
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Product Type, Density, Applications, and End-Users
U.S. Spray Foam Insulation Market Growth
The U.S. spray foam insulation market is experiencing strong growth, fueled by stringent energy efficiency regulations, rising demand for green building practices, and continuous technological advancements. Heating and cooling account for nearly 50% of a typical U.S. home's energy use, making effective insulation essential under updated energy codes like the IECC.
Federal and state initiatives, including ENERGY STAR programs and tax credits, have accelerated adoption, especially in the retrofit segment. Between 2021 and 2023, the market rebounded from pandemic disruptions, with momentum supported by the Inflation Reduction Act and new energy codes.
Ongoing market expansion is driven by increased construction activity and wider application across residential, commercial, and industrial sectors. Looking ahead, national net-zero energy goals, innovative spray foam technologies (like hybrid and high R-value formulations), and broader climate policy enforcement are expected to sustain robust growth in the U.S. market.
Competitive Landscape
The spray foam insulation market is highly competitive, with key players like BASF, Dow, CertainTeed, Huntsman Corporation, Johns Manville, and Covestro driving innovation and sustainability. BASF and Dow lead in material science, focusing on eco-friendly, high-performance polyurethane technologies that support energy-efficient construction.
CertainTeed stands out with its diverse building material portfolio and emphasis on green certifications. Huntsman leverages its expertise in polyurethane to deliver solutions with superior thermal performance. Johns Manville, supported by Berkshire Hathaway, maintains a strong market presence across residential and commercial sectors through sustainable and energy-efficient products.
Covestro emphasizes polymer innovation and low-global warming potential (GWP) products, aligning with environmental goals. These companies sustain their competitive edge through continuous technological advancements, a strong sustainability focus, and responsiveness to evolving energy efficiency regulations.
Recent Vendor Activities in the US Spray Foam Insulation Market
In May 2022, BASF SE formed a partnership with King Long United Automotive (Suzhou) Co., Ltd. (Suzhou Kinglong) to supply spray polyurethane foam for bus insulation. This product, notable for its enhanced flame-retardant properties, also meets strict VOC regulations, demonstrating BASF's focus on providing solutions that align with safety and environmental standards in the automotive industry.
Founded in 1897, Dow is a global leader in materials science, offering innovative solutions across various industries. In 2023, Dow introduced ENDURANCE HFDD-4201 SC Compound for Cable Systems, significantly reducing cable manufacturing degassing times and lowering GHG emissions while maintaining high quality. This new compound enhances Dow's sustainability and energy-efficient manufacturing capabilities, positioning it as a key player in the insulation and energy sectors.
Closed-Cell Spray Foam Holding the Largest Share
Closed-cell spray foam is gaining significant traction in the insulation market due to its high R-value (6–7 per inch), structural strength, and resistance to moisture. Its superior thermal performance makes it a preferred choice in colder regions like the Northeast and Midwest, where energy efficiency and heating cost reduction are top priorities.
The foam's dense, rigid structure adds durability and structural integrity, making it ideal for commercial and industrial use, especially in hurricane-prone areas like Florida. Its moisture resistance also makes it suitable for flood-prone regions such as Louisiana and Texas, supporting demand in areas affected by climate change and extreme weather.
While its higher cost and complex installation can limit residential adoption, state-level incentives in places like California and New York are encouraging its use in energy-efficient, sustainable buildings. Additionally, the expanding need for temperature-controlled environments in industries like food storage and pharmaceuticals is driving closed-cell foam usage in commercial spaces, warehouses, and cold storage facilities.
With growing focus on disaster resilience, sustainability, and energy efficiency, the closed-cell spray foam market is poised for continued growth and innovation across multiple sectors.
Key Vendors
BASF
Dow
CertainTeed
Huntsman
Johns Manville
Covestro
Carlisle Spray Foam Insulation
Honeywell
NCFI Polyurethanes
SWD Urethane
RHH Foam Systems
Rhino Linings
Cajun Foam Insulation
Pittsburgh Foam Insulation
PUFF
Alpha Insulation & Waterproofing
Universal Polymers Corporation (UPC)
Enverge Spray Foam
Accufoam
Graco
Owens Corning
Genyk USA
Elastochem
Kraken Bond
Segmentation & Forecasts
Product Type
Closed Cell
Open Cell
Density
Medium & High Density
Low Density
Application
Floors, Walls & Ceilings
Ducts
Fireplaces
Plumbing
Doors
Others
End-Users
Residential
Non-Residential
The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the U.S. spray foam insulation market. Request for Free Sample to get a glance of the report now:
What Key Findings Will Our Research Analysis Reveal?
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Which product type has the largest share in the U.S. spray foam insulation market?
Which application provides more business opportunities in the U.S. spray foam insulation market?
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Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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