| Product Code: ETC7551519 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import market for polyurethane spray foam insulation continued to see steady growth in 2024, with top exporters being China, Singapore, Germany, Netherlands, and South Korea. The market concentration, as measured by the HHI, remained at a moderate level, indicating a balanced competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 7.96%, showcasing sustained demand. However, there was a slight decline in growth rate from 2023 to 2024 at -3.67%, suggesting a temporary slowdown that could be influenced by various factors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Polyurethane Spray Foam Insulation Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyurethane Spray Foam Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyurethane Spray Foam Insulation Market - Industry Life Cycle |
3.4 India Polyurethane Spray Foam Insulation Market - Porter's Five Forces |
3.5 India Polyurethane Spray Foam Insulation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Polyurethane Spray Foam Insulation Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 India Polyurethane Spray Foam Insulation Market Revenues & Volume Share, By Density, 2021 & 2031F |
4 India Polyurethane Spray Foam Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings in India |
4.2.2 Growth in construction activities and infrastructure development projects |
4.2.3 Government initiatives promoting the use of sustainable building materials |
4.3 Market Restraints |
4.3.1 High initial installation costs compared to traditional insulation methods |
4.3.2 Lack of awareness and low adoption rate of polyurethane spray foam insulation |
4.3.3 Availability of alternative insulation materials in the market |
5 India Polyurethane Spray Foam Insulation Market Trends |
6 India Polyurethane Spray Foam Insulation Market, By Types |
6.1 India Polyurethane Spray Foam Insulation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By Two-component High-pressure, 2021- 2031F |
6.1.4 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By Two-component Low-pressure, 2021- 2031F |
6.1.5 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By One Component Foam, 2021- 2031F |
6.2 India Polyurethane Spray Foam Insulation Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By Close-cell Foam, 2021- 2031F |
6.2.3 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By Open-cell Foam, 2021- 2031F |
6.3 India Polyurethane Spray Foam Insulation Market, By Density |
6.3.1 Overview and Analysis |
6.3.2 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By High (> 2 lbs/cubic ft.), 2021- 2031F |
6.3.3 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By Medium (> 0.5 to 2 lbs/cubic ft.), 2021- 2031F |
6.3.4 India Polyurethane Spray Foam Insulation Market Revenues & Volume, By Low (Up to 0.5 lbs/cubic ft.), 2021- 2031F |
7 India Polyurethane Spray Foam Insulation Market Import-Export Trade Statistics |
7.1 India Polyurethane Spray Foam Insulation Market Export to Major Countries |
7.2 India Polyurethane Spray Foam Insulation Market Imports from Major Countries |
8 India Polyurethane Spray Foam Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of polyurethane spray foam insulation |
8.2 Number of construction projects using polyurethane spray foam insulation |
8.3 Environmental impact reduction metrics related to the use of polyurethane spray foam insulation |
9 India Polyurethane Spray Foam Insulation Market - Opportunity Assessment |
9.1 India Polyurethane Spray Foam Insulation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Polyurethane Spray Foam Insulation Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 India Polyurethane Spray Foam Insulation Market Opportunity Assessment, By Density, 2021 & 2031F |
10 India Polyurethane Spray Foam Insulation Market - Competitive Landscape |
10.1 India Polyurethane Spray Foam Insulation Market Revenue Share, By Companies, 2024 |
10.2 India Polyurethane Spray Foam Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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