The Global Closed-Cell Spray Foam Market was valued at USD 520.7 Million in 2023 and is projected to reach USD 638.7 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024–2030). This growth is being driven by stringent energy efficiency regulations, a booming residential and commercial construction sector, and the accelerating adoption of high-performance insulation materials for superior thermal barriers and air sealing.

As the building industry accelerates its focus on sustainability, energy conservation, and occupant comfort, the spotlight is on the key material innovators who are driving advanced insulation solutions. In this blog, we profile the Top 10 Companies in the Closed-Cell Spray Foam Industry—a mix of chemical giants, specialty manufacturers, and formulation experts shaping the future of building envelopes.

Download FREE Sample Report:
Closed-Cell Spray Foam Market – View in Detailed Research Report

---

🔟 1. Fomo Products, Inc.

Headquarters: Medina, Ohio, USA
Key Offering: Handi-Foam®, Fast-Coat®, and various low-pressure spray foam systems

A subsidiary of ICP Group, Fomo Products is a leading North American manufacturer of spray polyurethane foam (SPF) systems. They specialize in accessible, low-pressure systems designed for both professional contractors and DIY applications, focusing on ease of use without compromising on performance.

Innovation & Sustainability Focus:

• Development of low volatile organic compound (VOC) and HFO-blown formulations

• Products designed for retrofit and new construction applications

• Commitment to contractor training and safe installation practices

---

9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Walltite® closed-cell spray foam, Elastospray®

BASF is a global chemical leader and a major force in polyurethane technologies. Their Walltite spray foam is a globally recognized brand for high-performance insulation in residential, commercial, and industrial buildings, known for its excellent R-value and air barrier properties.

Innovation & Sustainability Focus:

• Investment in next-generation blowing agents with low Global Warming Potential (GWP)

• Comprehensive lifecycle assessment and green building certification support (LEED, Passive House)

---

8️⃣ 3. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Spray Foam Systems under the Huntsman Building Solutions brand

Huntsman is a premier global producer of MDI (methylene diphenyl diisocyanate), a key raw material for SPF. Through its Huntsman Building Solutions (HBS) division, it supplies formulated spray foam systems directly to a network of accredited applicators across North America and Europe.

Innovation & Sustainability Focus:

• Proprietary formulations like Heat-Lok XTRA® for extreme climates

• Strong emphasis on certified installer programs to ensure quality and safety

---

7️⃣ 4. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Styrofoam™ Brand Spray Polyurethane Foam (historically), advanced polyol systems

While Dow has evolved its portfolio, it remains a foundational player in the polyurethane chemical supply chain. It provides key components and technology for spray foam manufacturers, driving innovation in material science for improved insulation performance and environmental profiles.

Innovation & Sustainability Focus:

• Pioneering work in HFO blowing agents to replace HFCs

• Development of bio-based polyols for sustainable spray foam ingredients

Download FREE Sample Report:
Closed-Cell Spray Foam Market – View in Detailed Research Report

---

6️⃣ 5. Lapolla Industries, Inc.

Headquarters: Houston, Texas, USA
Key Offering: AirTight® and FW88™ closed-cell spray foam systems

Lapolla is a major global manufacturer and supplier of spray foam insulation, roofing, and coating systems. Acquired by SWD Inc., the company focuses on high-R-value solutions for the commercial and residential markets, with a strong distribution network.

Innovation & Sustainability Focus:

• Certified systems for demanding applications like agricultural and cold storage facilities

• Ongoing R&D to enhance fire resistance and thermal efficiency

---

5️⃣ 6. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: JM Corbond® IV closed-cell spray polyurethane foam

A Berkshire Hathaway company, Johns Manville is a leading manufacturer of insulation and building products. Their Corbond IV spray foam is a key product for creating continuous insulation and air barrier systems, trusted by builders for its durability and performance.

Innovation & Sustainability Focus:

• Focus on product consistency and quality control

• Commitment to sustainable manufacturing practices and reducing environmental footprint

---

4️⃣ 7. Demilec

Headquarters: Arlington, Texas, USA
Key Offering: Sealection® 500, Heatlok® Soya HFO

Demilec, part of the Huntsman family, is a prominent North American manufacturer of spray polyurethane foam insulation. The company is known for its innovative formulations, including bio-based and HFO-blown products that offer excellent environmental credentials.

Innovation & Sustainability Focus:

• Leadership in soy-based polyol content for reduced carbon footprint

• Development of ultra-low GWP spray foam systems

---

3️⃣ 8. Rhino Linings Corporation

Headquarters: San Diego, California, USA
Key Offering: Rhino Thermasol® and Rhino Pro-System spray foam

Primarily known for protective coatings, Rhino Linings has a significant presence in the spray foam market through its insulation division. The company leverages its application expertise to provide durable insulation solutions for a variety of building types.

Innovation & Sustainability Focus:

• Integration of insulation with protective coating systems for roofing

• Focus on dealer and applicator training programs

---

2️⃣ 9. CertainTeed Corporation (Saint-Gobain)

Headquarters: Malvern, Pennsylvania, USA
Key Offering: OPTIMA® Spray Foam insulation

As a subsidiary of the global building materials giant Saint-Gobain, CertainTeed offers a comprehensive range of insulation products, including spray foam. Their OPTIMA foam is positioned as a high-performance solution for creating tight building envelopes.

Innovation & Sustainability Focus:

• Alignment with Saint-Gobain’s overarching sustainability goals for carbon neutrality

• Products designed to meet stringent North American energy codes

---

1️⃣ 10. Icynene-Lapolla (formerly)

Headquarters: Mississauga, Ontario, Canada (Icynene)
Key Offering: Icynene Classic and ProSeal spray foam systems

Icynene is a historic and well-respected brand in the spray foam industry, particularly known for its open-cell formulations. Following its acquisition by Lapolla’s parent company, SWD, the combined entity represents a significant force, offering a broad portfolio of both open and closed-cell solutions to meet diverse project requirements.

Innovation & Sustainability Focus:

• Pioneering role in water-blown spray foam technology

• Extensive focus on building science and moisture management

Get Full Report Here:
Closed-Cell Spray Foam Market – View in Detailed Research Report

---

🏗️ Outlook: The Future of Closed-Cell Spray Foam Is Smarter and More Sustainable

The closed-cell spray foam market is undergoing a significant transformation. While traditional formulations still dominate, the industry is rapidly innovating with eco-friendly alternatives, advanced application technologies, and digital integration for building performance modeling.

📈 Key Trends Shaping the Market:

• Rapid transition to HFO blowing agents to meet regulatory and environmental standards

• Growing demand for spray foam in retrofit and renovation markets for energy upgrades

• Integration of spray foam with smart building systems for holistic energy management

• Increased focus on indoor air quality and low-VOC formulations

Get Full Report Here:
Closed-Cell Spray Foam Market – View in Detailed Research Report

The companies listed above are not only insulating buildings—they’re constructing the foundation for a more energy-efficient and sustainable built environment.