The Global Spray Foam Insulation Market was valued at US$ 1,442.6 million in 2023 and is projected to reach US$ 1,823.6 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.9% during the forecast period (2023–2030). This growth is being driven by increasing demand for energy-efficient building solutions, stricter building energy codes worldwide, and the rising adoption of sustainable insulation materials in residential, commercial, and industrial construction sectors.
As the construction industry evolves toward greater sustainability and reduced energy consumption, the focus turns to the leading manufacturers powering this change through advanced insulation technologies. In this blog, we profile the Top 10 Companies in the Spray Foam Insulation Industry—a blend of chemical innovators, specialized foam producers, and global suppliers who are enhancing thermal performance and environmental responsibility in buildings everywhere.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Elastospray polyurethane spray foam systems, closed-cell and open-cell insulation solutions
BASF SE stands as a global leader in chemical manufacturing, with its spray foam insulation products widely used in residential and commercial buildings for superior thermal insulation and air sealing. The company’s innovative foam formulations provide high R-values and moisture resistance, helping builders meet energy efficiency standards. BASF’s commitment to the construction sector includes expanding its portfolio to include low-global warming potential (GWP) blowing agents, ensuring compatibility with modern green building requirements. Through extensive research and development, BASF continues to refine its spray foam technologies to address challenges like installation efficiency and long-term durability, serving markets across Europe, North America, and Asia.
Sustainability Initiatives:
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Development of HFO-based foams with reduced environmental impact
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Partnerships with construction firms to promote energy-saving retrofits
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Commitment to carbon neutrality in operations by 2050
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9️⃣ 2. Dow Chemical Company
Headquarters: Midland, Michigan, USA
Key Offering: Polyurethane spray foams, including open-cell and closed-cell variants for walls and roofs
Dow Chemical Company is a major player in the materials science arena, delivering spray foam insulation that excels in creating airtight barriers and improving building energy performance. Their products are engineered for easy application and high yield, making them popular among contractors for new constructions and renovations. Dow’s focus on innovation has led to advancements in foam chemistries that enhance fire resistance and acoustic properties, while also reducing installation waste. Operating globally, Dow supports the push for net-zero buildings by integrating its insulation solutions into broader sustainability strategies for architects and developers.
Sustainability Initiatives:
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Investment in next-generation blowing agents to lower GWP
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Collaborations with builders for LEED-certified projects
8️⃣ 3. Huntsman Corporation
Headquarters: The Woodlands, Texas, USA
Key Offering: Polyurethane-based spray foams, including the Icynene brand for seamless insulation
Huntsman Corporation brings decades of expertise in polyurethanes to the spray foam market, offering products that provide exceptional thermal efficiency and moisture management. Acquired brands like Icynene have strengthened their position, allowing them to deliver water-blown foams that minimize environmental footprint. Huntsman’s solutions are tailored for diverse applications, from attics to foundations, helping reduce heating and cooling costs for end-users. The company emphasizes safety and performance, with rigorous testing to ensure compliance with international building codes, and continues to expand its reach in emerging markets.
Sustainability Initiatives:
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Use of renewable content in foam formulations
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Programs to support energy audits and insulation upgrades
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Targets for reducing product lifecycle emissions
7️⃣ 4. Covestro AG
Headquarters: Leverkusen, Germany
Key Offering: Baydur and Bayfill spray foam systems for rigid and flexible insulation
Covestro AG, a leader in polymer solutions, produces spray foam insulation renowned for its versatility in industrial and residential settings. Their products offer high compressive strength and low thermal conductivity, ideal for insulating complex structures. Covestro invests heavily in R&D to develop foams with improved recyclability and lower emissions during production. By partnering with global suppliers, they ensure a steady supply chain for raw materials, supporting consistent quality and availability. Their contributions to energy-efficient architecture have earned recognition in sustainable construction awards.
Sustainability Initiatives:
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Goal of 100% bio-based or recycled raw materials by 2030
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Europe-wide initiatives for circular economy in insulation
Download FREE Sample Report: Spray Foam Insulation Market – View in Detailed Research Report
6️⃣ 5. Owens Corning
Headquarters: Toledo, Ohio, USA
Key Offering: FOAMULAR and SprayFoam insulation for commercial and residential use
Owens Corning is a trusted name in building materials, with its spray foam line providing durable, high-performance insulation that seals gaps and prevents air leakage effectively. Their closed-cell foams are particularly noted for structural reinforcement in addition to thermal benefits. The company serves a broad customer base, from homeowners to large-scale developers, by offering training programs for installers to ensure optimal application. Owens Corning’s emphasis on science-backed solutions helps address climate challenges, making their products integral to modern energy codes.
Sustainability Initiatives:
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Certification of products for low-VOC emissions
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Efforts to increase recycled content in manufacturing
5️⃣ 6. Carlisle Companies Inc.
Headquarters: Scottsdale, Arizona, USA
Key Offering: Polyurethane spray foam for roofing and wall systems
Carlisle Companies Inc. specializes in construction technologies, where their spray foam products shine in roofing applications, offering seamless coverage and UV resistance. These foams contribute to cooler roofs and lower energy bills, aligning with urban heat island mitigation efforts. Carlisle’s integrated systems approach combines insulation with membranes for comprehensive building protection. With a strong presence in North America, they adapt products to local climates, ensuring reliability in extreme conditions. Their ongoing innovations focus on faster curing times and enhanced adhesion.
Sustainability Initiatives:
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Development of cool roof technologies to reduce urban heat
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Partnerships for green building certifications
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Reduction in production energy use through efficient processes
4️⃣ 7. 3M Company
Headquarters: St. Paul, Minnesota, USA
Key Offering: Specialty spray foams and adhesive-enhanced insulation materials
3M Company leverages its diverse portfolio to offer spray foam insulation with added features like antimicrobial properties and superior adhesion. Their products are designed for high-traffic areas, providing long-lasting performance without compromising on energy savings. 3M’s global distribution network ensures accessibility for contractors worldwide, while their research into hybrid foams pushes the boundaries of multi-functional insulation. This approach not only insulates but also contributes to healthier indoor environments by controlling moisture and pollutants.
Sustainability Initiatives:
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Innovation in low-impact manufacturing techniques
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Support for building retrofits to cut energy waste
Download FREE Sample Report: Spray Foam Insulation Market – View in Detailed Research Report
3️⃣ 8. Johns Manville
Headquarters: Denver, Colorado, USA
Key Offering: JM Corbond closed-cell spray polyurethane foam
Johns Manville, a Berkshire Hathaway company, delivers spray foam insulation optimized for commercial buildings, emphasizing vapor impermeability and thermal bridging reduction. Their products undergo stringent testing for fire safety and durability, making them suitable for schools, hospitals, and offices. By focusing on applicator training and technical support, Johns Manville ensures consistent results that lower operational costs for building owners. Their market leadership is bolstered by expansions in sustainable product lines that align with evolving regulatory landscapes.
Sustainability Initiatives:
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Integration of HFO blowing agents for lower GWP
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Collaborations on energy modeling for optimized insulation
2️⃣ 9. GAF Materials Corporation
Headquarters: Parsippany, New Jersey, USA
Key Offering: Spray polyurethane foam (SPF) systems for roofing and walls
GAF Materials Corporation, the largest roofing manufacturer in North America, extends its expertise to spray foam insulation, providing solutions that enhance roof longevity and energy efficiency. Their foams are applied in single-ply and built-up systems, offering resistance to wind uplift and thermal expansion. GAF’s comprehensive warranties give peace of mind to installers and owners alike. As demand for resilient buildings grows, GAF invests in technologies that improve foam density and curing, supporting faster project timelines without sacrificing quality.
Sustainability Initiatives:
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Promotion of high-solar-reflectance coatings with foams
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Training programs for sustainable installation practices
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Goals to minimize waste in production and application
1️⃣ 10. Henry Company
Headquarters: El Segundo, California, USA
Key Offering: Blueskin spray foam and air barrier systems
Henry Company excels in weatherproofing solutions, with its spray foam insulation line focusing on integrated air and moisture management for walls and foundations. Their products create continuous barriers that prevent drafts and condensation, crucial for healthy buildings. Henry’s approach includes user-friendly kits for professionals, backed by extensive field testing. As a key supplier in North America, they contribute to the adoption of spray foam in retrofit projects, helping older structures achieve modern energy standards through targeted applications.
Sustainability Initiatives:
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Development of eco-friendly, low-VOC foam compositions
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Partnerships with energy efficiency programs
Read Full Report: Spray Foam Insulation Market – View in Detailed Research Report
🌍 Outlook: The Future of Spray Foam Insulation Is Greener and More Efficient
The spray foam insulation market is experiencing steady evolution. While traditional materials persist, the sector is channeling resources into eco-friendly formulations, advanced application techniques, and integration with smart building systems.
Because of heightened awareness around climate change and energy costs, spray foam’s ability to provide airtight seals and high insulation values positions it as a cornerstone of sustainable construction. However, challenges like raw material volatility and skilled labor shortages require ongoing innovation. Furthermore, as governments enforce tighter efficiency standards, the market’s trajectory points toward expanded use in retrofits and new builds alike.
📈 Key Trends Shaping the Market:
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Shift toward low-GWP blowing agents in response to regulations
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Increased adoption in green building certifications like LEED and ENERGY STAR
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Digital tools for precise insulation modeling and installation
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Strategic alliances between manufacturers and construction firms for customized solutions
Read Full Report: Spray Foam Insulation Market – View in Detailed Research Report
The companies listed above are not only insulating buildings worldwide—they’re leading the charge toward energy-efficient, sustainable structures.
