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The Impact of COVID-19 is included in Spray Foam Equipment Market. Buy it today to get an advantage.

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Spray Foam Equipment Market Trends and Forecast
The future of the spray foam equipment market looks promising with opportunities in the residential, industrial, and commercial industry. The global 
spray foam equipment market is expected to reach an estimated $182.9 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are the stringent government regulations towards the reduction of greenhouse gas emission and growing demand for automobiles in automotive industry.
  • Lucintel forecasts that wall insulation is expected to remain the largest application segment, and this segment is projected to witness the highest growth over the forecast period, supported by increasing demand for energy-efficient insulation for home and building structures.
  • Residential is expected to remain the largest infrastructure type, and it will witness the highest growth in the forecast period due to growth in potential homeowners who are looking for eco-friendly and energy efficient insulation for their homes and buildings.
  • North America is expected to remain the largest market over the forecast period, supported by increasing residential construction and government regulations for energy efficiency.