Stratview Research has recently added a new report titled Semi-Rigid Spray Polyurethane Foam market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Semi-Rigid Spray Polyurethane Foam market.

The years considered in this report to estimate the market size of the market are:

• History Year: 2016-2019

• Forecast Year: 2021 to 2026

The key players covered in this report are –

  • BASF SE (Germany)
  • Covestro AG (Germany)
  • Huntsman (US)
  • Dow (US)
  • Duna Corradini (Italy)
  • Novomer (US)
  • Nanjing Hongbaoli (China)
  • Wanhua Chemical (China)
  • Lecron Energy Saving Materials (China)
  • Huafon (China)

Market Highlights

Rising construction expenditure, as well as the rising need for insulation and sealing of cracks in commercial and residential buildings, are expected to bolster the market growth. Moreover, it also aids in reducing the building’s energy requirements for cooling or heating by covering air gaps in roofs & walls and by offering resistance to heat transfer, which boosts the product demand. However, volatile prices of raw materials coupled with health issues related to product manufacturing are likely to hamper the industry growth.

Segment-wise analysis

Based on application, the semi-rigid spray polyurethane foam market has been classified into the wall, roof, and floor. Under these, the wall segment held the largest market share of more than 52% in 2020 and is likely to grow at a considered CAGR during the forecast period. Semi-rigid spray polyurethane foam expands 100 times to its original volume, as well as offers an excellent air barrier facility, and improves the water adsorption property, thereby bolstering the segment growth.

By region, the European market held a significant market share in 2020 and is projected to grow at a healthy CAGR in the coming years. This is mainly ascribed to the supportive government policies and growing demand for energy-efficient infrastructure in the region. Also, the buildings account for over 40% share of the entire energy consumption, which also produces around 35% of the greenhouse emissions, which further proliferates the product usage and boosts the regional market growth.

To get more details about this report, click here- https://www.stratviewresearch.com/2542/Semi-Rigid-Spray-Polyurethane-Foam-Market.html

The main steps in the investigation process are:

  • Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
  • The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
  • This report also provides market intelligence and throws light on critical insights into the market dynamics.

The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.

About Stratview Research

Stratview Research is a global market research firm with capabilities of providing complex market reports and other consulting services. Along with market reports, the firm also provides custom research services across the sectors covering industries like Energy Chemicals, Advanced Materials, Automotive, and Aerospace, and more.

In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.