Lucintel's latest market report analyzed that spray foam equipment provides attractive opportunities in the residential, industrial, and commercial industry. The spray foam equipment market is expected to reach $2.7 billion by 2027 with a CAGR of 6.3%. In this market, wall insulation is the largest segment by application, whereas residential is largest by infrastructure type. The development of fourth generation blowing agent and increasing green building insulation which focus on energy conservation and sustainable building practices provides strategic growth path in this market.
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Based on application, the spray foam equipment market is segmented into wall insulation, roof insulation, concrete rehabilitation, and others . The wall insulation segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand for energy-efficient insulation for home and building structures.
Browse in-depth TOC on “Spray Foam Equipment Market”
132 – Tables
157 – Figures
240 – Pages
The Spray Foam Equipment Market is marked by the presence of several big and small players. Some of the prominent players offering spray foam equipment include Graco, Intech Equipment and Supply, Spray Foam Systems, Vag Polytech Private Limited, Demilec, Specialty Products, Bayer, Profoam Corporation.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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