Spray Polyurethane Foam Insulation Demand Growth Creating New Investment Opportunities
MALVERN, PA - July 18, 2013 - Demand for spray polyurethane foam (SPF) insulation in North America is growing at over 15 percent per year and is expected to reach over $900 million by 2016. Strong growth, which is creating investment opportunities for industry participants, investors, and entrepreneurs, is being driven not only by the recovery in building and construction, but also because SPF is gaining share from other insulation materials and expanding its use into such other applications as unvented attics, crawlspaces and exterior walls.
Industry growth has spurred investment in new technology by such major suppliers as BASF and Icynene, and has attracted market entry from new participants such as SES Foam, Quadrant Foam, Premium Spray Foam, and Natural Polymers. Industry revenue and earnings growth due to the economic recovery and a growing emphasis on energy efficient buildings is making SPF an attractive investment opportunity for firms looking to capitalize on the expansion of this sector.
Ken Jacobson, Partner with Principia, said, “The SPF industry is in a great position to grow its total profit pool over the next three years. Based on its overall value proposition to property owners including increased energy efficiency, payback on insulation, and more efficient HVAC systems and increased comfort in homes and office buildings, SPF growth will outpace the overall industry.”
Spray Polyurethane Foam 2013 is a new report from Principia that contains key market data, trends and strategic insights into all aspects of the business from supply through distribution to end-user demand. Principia conducted discussions with over 150 industry participants including contractors, distributors, consultants and suppliers to compile its comprehensive assessment of the current state and future prospects for the industry. Spray Polyurethane Foam 2013 provides insights on:
• Up-to-date assessment of SPF demand
• Voice of Customer feedback on major drivers and trends
• Market share review for leading producers
• Strategic insights into growth and investment opportunities
Principia’s interactive Market Model and Forecasting Tool is included with the report. This tool allows subscribers to model hypothetical market performance based on their own assumptions of metrics such as housing starts, commercial construction growth, remodeling rate and material market share.
About Principia: Principia serves the building materials industry through products and services aimed at profitable growth, helping clients grow market share and revenues and improve margins. Services include strategy consulting, market research, and industry conferences and reports. Principia is headquartered in suburban Philadelphia, with offices and affiliates worldwide. For more information on Principia, please click on the links provided below.
