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 increasing demand for energy-efficient building solutions, stringent government regulations on building insulation, and the accelerating adoption of high-performance, sustainable construction materials across residential and commercial sectors.

As the building and construction industry transforms toward greater energy conservation and sustainable practices, the spotlight is on the key material suppliers who are driving innovation, performance, and environmental stewardship. In this blog, we profile the Top 10 Companies in the Closed-Cell Spray Foam Industry—a mix of chemical giants, specialized manufacturers, and sustainability pioneers shaping the future of building insulation.

---

🔟 1. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Polyurethane Systems, Spray Foam Insulation Kits

Huntsman Corporation is a global leader in the manufacture of polyurethane chemicals, serving as a foundational supplier to the spray foam industry. Their advanced formulations are used in high-performance closed-cell foam products known for superior insulating properties (high R-value) and moisture resistance.

Sustainability Initiatives:

• Development of low Global Warming Potential (GWP) blowing agents

• Investment in bio-based polyol technologies

• Commitment to circular economy principles in material production

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

---

9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Elastospray® Closed-Cell Spray Foam Systems

BASF is a major chemical company with a significant presence in the polyurethanes market. Their Elastospray® product line offers professional-grade, high-density closed-cell spray foam that provides exceptional air sealing and thermal insulation for walls, roofs, and foundations.

Sustainability Initiatives:

• Focus on reducing the carbon footprint of insulation products

• Development of foam systems compatible with next-generation, environmentally friendly blowing agents

---

8️⃣ 3. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: VORANOL™ Polyols for Spray Polyurethane Foam (SPF)

Dow is a leading supplier of the chemical components essential for producing closed-cell spray foam. Their VORANOL™ polyols are key ingredients that enable foam manufacturers to create products with specific performance characteristics like density, rigidity, and insulating value.

Sustainability Initiatives:

• Advancements in bio-based and recycled content polyols

• Partnerships to improve the energy efficiency of buildings globally

---

7️⃣ 4. Lapolla Industries, Inc. (a DowLapis Company)

Headquarters: Houston, Texas, USA
Key Offering: AirTight® and SWD® Closed-Cell Spray Foam

Lapolla Industries is a prominent manufacturer and supplier of spray polyurethane foam for insulation and roofing. Acquired by DowLapis, the company offers a comprehensive range of high-performance, professional-grade closed-cell foam systems.

Sustainability Initiatives:

• Implementation of fourth-generation blowing agents with lower environmental impact

• Focus on products that contribute to significant energy savings over a building’s lifecycle

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

---

6️⃣ 5. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: JM Corbond® IV Closed-Cell SPF

Johns Manville, a Berkshire Hathaway company, is a leading manufacturer of insulation and building products. Their JM Corbond® IV is a globally recognized, high-yield closed-cell spray foam that offers a high R-value per inch and excellent air sealing capabilities.

Sustainability Initiatives:

• Certified foam systems that meet stringent environmental and health standards

• Commitment to sustainable manufacturing processes and product innovation

---

5️⃣ 6. Demilec (a BASF Company)

Headquarters: Arlington, Texas, USA
Key Offering: Heatlok® HFO High-Performance Closed-Cell Foam

Demilec, acquired by BASF, is a specialist in spray foam insulation. Their Heatlok® HFO product is a leading example of innovation, utilizing a next-generation Hydrofluoroolefin (HFO) blowing agent that offers an ultra-low Global Warming Potential (GWP).

Sustainability Initiatives:

• Pioneering the use of HFO blowing agents for reduced environmental impact

• Products compliant with the most rigorous environmental regulations, including California’s Title 17

---

4️⃣ 7. CertainTeed (a Saint-Gobain Company)

Headquarters: Malvern, Pennsylvania, USA
Key Offering: CertaSpray® Closed-Cell Foam Insulation

CertainTeed, part of the global building materials leader Saint-Gobain, offers a full suite of insulation solutions. Their CertaSpray® closed-cell foam is designed for professional applicators, providing a durable, moisture-resistant air barrier for walls, roofs, and crawl spaces.

Sustainability Initiatives:

• Alignment with Saint-Gobain’s global sustainability goals for 2030

• Development of products that contribute to net-zero energy building standards

---

3️⃣ 8. ICYNENE

Headquarters: Mississauga, Ontario, Canada
Key Offering: ICYNENE ProSeal Eco™ and ProSeal LE™ Closed-Cell Foams

ICYNENE is a well-established name in the spray foam industry, known for its focus on air barrier systems. Their closed-cell foam products are formulated to provide robust thermal insulation and an effective air seal, helping to prevent moisture intrusion and reduce energy consumption.

Sustainability Initiatives:

• Formulations designed to minimize off-gassing and improve indoor air quality

• Products that help builders achieve green building certifications like LEED and Passive House

---

2️⃣ 9. Rhino Linings

Headquarters: San Diego, California, USA
Key Offering: Rhino ThermaClad® Closed-Cell Spray Foam

Rhino Linings is primarily known for protective coating systems but has a strong presence in the spray foam insulation market. Their Rhino ThermaClad® product offers a high R-value and acts as a water-resistant barrier, making it suitable for various commercial and residential applications.

Sustainability Initiatives:

• Focus on durable, long-lasting insulation solutions that reduce long-term waste

• Development of application techniques that maximize material efficiency

---

1️⃣ 10. Fomo Products, Inc.

Headquarters: Norwalk, Ohio, USA
Key Offering: Handi-Foam® Closed-Cell Spray Kits

Fomo Products specializes in versatile, consumer- and contractor-friendly insulation and air sealing products. Their Handi-Foam® kits make closed-cell spray foam accessible for smaller projects and DIY applications, while still offering professional-grade performance for air sealing and insulation.

Sustainability Initiatives:

• Providing accessible solutions for targeted energy efficiency upgrades

• Focus on reducing material waste through precise application kits

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 evolution. While traditional high-performance foams continue to dominate, the industry is heavily invested in eco-friendly formulations, advanced application technologies, and products that support next-generation building standards.

📈 Key Trends Shaping the Market:

• Rapid transition to HFO and other low-GWP blowing agents to meet regulatory demands

• Increased integration of spray foam into Passive House and Net-Zero Energy building designs

• Digitization of application processes for improved precision and reduced waste

• Growing demand in retrofit and renovation markets for improving energy efficiency in existing building stock

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

The companies listed above are not only supplying advanced insulation materials—they’re pioneering the energy-efficient transformation of the built environment.