Spray polyurethane market: Driving factors, industry challenges, segmentation, k… – Press Release

NEW YORK, Feb. 6, 2023 /PRNewswire/ —

In-depth analysis provided in the report includes:

  • Current and future market trends to highlight market conditions
  • Comparative analysis of the market and its segments for the historic period of 2017 – 2021
  • Market drivers and market impediments and their impact on market growth
  • Positioning of market players and their business strategy analysis
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 Spray polyurethane market size & segmentation analysis

The spray polyurethane market is estimated to grow at a CAGR of 9.04% between 2022 and 2027. The size of the market is forecasted to increase by USD 1,312.48 million. The spray polyurethane market is segmented based on type, application, and geography.

  • Based on type, the spray polyurethane market is segmented into open cell and closed cell.
  • Based on application, the market is segmented into residential, commercial, and industrial.
  • Based on geography, the spray polyurethane market is segmented into APAC, Europe, North America, Middle East and Africa, and South America.
  • For insights on the market contribution of each segment, Buy the report!

Spray polyurethane market: Country-level analysis

The countries covered in the spray polyurethane market report are the US and Canada (North America); the UK, Germany, France, and Rest of Europe (Europe); China and India (APAC); Saudi Arabia, South Africa, and Rest of the Middle East & Africa (Middle East & Africa); and Chile, Brazil, and Argentina (South America).

  • APAC is estimated to account for 49% of the growth of the global market during the forecast period.
  • Population growth in the region is increasing the demand for residences and commercial establishments, which will drive the market’s growth during the forecast period.
  • China, South Korea, India, and Japan are the key revenue contributors to the spray polyurethane foam market in the region.
  • China is a major hub for construction in APAC. In 2019, the Beijing Municipal Commission of Development and Reform announced plans for…