What SWD Urethane does

SWD Urethane (legal entity SWD, Inc.) is a Mesa, Arizona-based manufacturer of spray polyurethane foam (SPF) insulation and roofing systems sold under the QUIK-SHIELD® brand. Founded in 1972 by Roy Perkins and Jim Cantrell as a custom polyurethane supplier to California vineyards, the company is now in its third generation of Perkins family ownership, with Jim Perkins serving as President since a 2007 strategic pivot that refocused the business on wall spray foam manufacturing. The product portfolio spans open-cell and closed-cell SPF formulations (DRAGON, DRAGON XL, GOBLIN, HYDRA XC, HYDRA XL, YETI, YETI XL, 108 YIELD MONSTER, 108 YIELD MONSTER EDGE) with densities from 0.36 to 3.0 lb/ft³ and R-values up to R-7.5 per inch, plus a complementary roofing line (155 series, 602HS silicone coating, 1881 patching compound, 1929F/1929R acrylic coatings, Seam Sealer). Most closed-cell products are built on Honeywell Solstice HFO blowing-agent chemistry with a GWP of 1, and the portfolio carries GREENGUARD Gold, A.I.R. Seal of Excellence, ICC, and UL 790 certifications.

The business model is direct B2B sales of proprietary chemical systems packaged in 55-gallon drums and 275-gallon totes, distributed nationally through a team of Regional Sales Managers led by Division Manager Tim Austin. Pricing is quote-based rather than publicly disclosed, and the customer base is segmented horizontally across spray foam contractors, residential homebuilders, commercial builders, architects/specifiers, and individual homeowners — with contractors and applicators as the primary channel. Marketing is built on a technical-documentation library, the company website, and presence at industry events such as the National Insulation Contractors' Exchange. There are no public funding rounds, no acquisitions, and no disclosed revenue figures; the company is privately held by the founding family and operates exclusively in the United States.

Name

SWD Urethane

Legal name

SWD, Inc.

Website

https://swdurethane.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

SWD Urethane is a Mesa, Arizona-based, third-generation family-owned manufacturer of QUIK-SHIELD® spray polyurethane foam insulation and roofing products. It sells proprietary HFO-based, low-GWP formulations directly through Regional Sales Managers to contractors, homebuilders, commercial builders, and architects across the United States.

Ownership category

akta.pro rank

Product category

Spray Foam Insulation and Roofing

NAICS

Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615), Paint and Coating Manufacturing (32551)

SIC

Plastics Foam Products (3086), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Adhesives & Sealants (2891)

akta.pro primary industry

Spray Polyurethane Foam (SPF) Systems Manufacturing (IMANAIAL)

akta.pro secondary industries

Spray Foam Insulation Systems (IMADAGAE), Foam Plastic Insulation (EPS/XPS/PIR/PUR) (IMADAGAD), Polymer Foams & Cellular Materials (PU Foams, EPS/XPS, Structural Foams) (IMAEANAL), Construction Foams & Gap Fillers (PU Foams, Low-Expansion) (IMADAOAM)

Keywords

• Spray foam insulation
• Polyurethane roofing
• Building envelope products
• Closed-cell insulation
• Roof coatings

Headquarters

HQ city

Mesa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Spray Foam Product Sales: SWD generates revenue through the sale of spray polyurethane foam insulation and roofing products. Products are sold in various packaging including 55-gallon drums and 275-gallon totes. The company serves contractors, builders, architects, and homeowners through direct sales relationships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

SWD Urethane manufactures and sells spray polyurethane foam (SPF) insulation and roofing products under the QUIK-SHIELD® brand. The portfolio spans open-cell and closed-cell insulation foams (DRAGON, GOBLIN, HYDRA, YETI, 108 YIELD MONSTER series) for walls, attics, and cavities, plus closed-cell roofing foams (155 series) and silicone/acrylic roof coatings for commercial flat roofs. Products are sold primarily to professional spray foam contractors, builders, and architects across the United States through a direct Regional Sales Manager network.

Product overview

SWD Urethane manufactures spray foam insulation and roofing products under the QUIK-SHIELD® brand. The product portfolio consists of two main categories: insulation products (DRAGON, DRAGON XL, GOBLIN, HYDRA XC, HYDRA XL, YETI, YETI XL, 108 YIELD MONSTER, 108 YIELD MONSTER EDGE) designed for wall, attic, and cavity applications; and roofing products (155-2.5, 155-2.8, 155-3 roofing foams plus 602HS silicone coating, 1881 acrylic patching compound, 1929F and 1929R acrylic coatings, and Seam Sealer) for flat and commercial roof systems. The products range from open-cell to closed-cell formulations, with various density options (0.36–3.0 lb/ft³) and R-values (R-3.7 to R-7.5 per inch). Many products use low-GWP HFO blowing agents and carry GREENGUARD Gold certification. The company operates as a third-generation family-owned business founded in 1972, headquartered in Mesa, AZ.

Differentiator

Problem solved

Functional benefit

Brands

• QUIK-SHIELD®: Product line of spray foam insulation and roofing products including DRAGON, DRAGON XL, GOBLIN, HYDRA XC, HYDRA XL, YETI, YETI XL, 108 YIELD MONSTER, 108 YIELD MONSTER EDGE, and roofing products (155 series, 602HS, 1881, 1929F, 1929R, Seam Sealer)

Products and services

• QUIK-SHIELD® DRAGON Open-cell spray polyurethane foam insulation with a true no-mix formulation, 0.5 lb/ft³ nominal density, and R-3.9 per inch at 1 inch. GREENGUARD Gold certified, free of emissive catalysts. Designed for professional spray foam contractors installing residential and commercial insulation.
• QUIK-SHIELD® DRAGON XL Open-cell spray foam insulation with 15% more yield than the original DRAGON, true no-mix formulation, 0.45 pcf nominal density, and approximately 19,000 board feet average coverage. NPE-free with very low odor. For spray foam contractors seeking higher productivity.
• QUIK-SHIELD® GOBLIN Closed-cell spray foam insulation with 2.0 lb/ft³ core density and R-7 per inch. GREENGUARD Gold certified. Uses Honeywell Solstice HFO blowing agent with GWP of 1, containing no flammable or hazardous blowing agents. Designed for contractors seeking code-compliant, low-GWP closed-cell performance.
• QUIK-SHIELD® HYDRA XC Closed-cell spray foam with 2.0 lb/ft³ density and R-7.5 per inch, using HFO blowing agent with GWP of 1. Functions as insulation, air barrier, vapor retarder, and water-resistive barrier in one system, with broad code approvals for use without traditional ignition or thermal barriers. For high-performance building envelope applications.
• QUIK-SHIELD® HYDRA XL High-output closed-cell spray foam at 1.8 lb/ft³ nominal density, optimized for productivity and efficient depth builds. Uses Honeywell Solstice HFO blowing agent with GWP of 1. GREENGUARD Gold certified. For contractors needing fast, high-volume closed-cell installations.
• QUIK-SHIELD® YETI All-season closed-cell spray foam with R-7.5 per inch aged R-value. HFO-blown using Honeywell Solstice technology with GWP of 1. GREENGUARD Gold certified with ≥10.5% renewable/recycled content. Designed for year-round application and high-performance building envelope use.
• QUIK-SHIELD® YETI XL High-yield closed-cell spray foam delivering 10% more coverage than the original YETI, with up to 5,500 board feet per set. R-7.5 per inch, 1.8 pcf density, HFO technology, GREENGUARD Gold certified. For contractors seeking higher-yield closed-cell performance.
• QUIK-SHIELD® 108 YIELD MONSTER Ultra-low-density open-cell spray foam with 0.36–0.4 lb/ft³ density, delivering up to 22,000 board feet per set. High-yield product with revolutionary expansion and long-range application. GREENGUARD Gold certified with UL Design P582. Designed for contractors running high-volume open-cell installations.
• QUIK-SHIELD® 108 YIELD MONSTER EDGE Next evolution of YIELD MONSTER with faster mixing (15 minutes pre-mix), smoother spray, and 22,000 board feet coverage. Low VOC, NPE-free formulation with excellent adhesion and cohesion. For spray foam contractors seeking improved application efficiency.
• QUIK-SHIELD® 155-2.5 Lightweight 2.5 lb closed-cell roofing foam with strong adhesion and 165 psf uplift resistance on metal decks, 160 psf on wood and concrete. HFC-free formulation meeting California and Washington Low GWP mandates. For commercial roofing contractors installing SPF roof systems.
• QUIK-SHIELD® 155-2.8 Mid-density 2.8 lb closed-cell roofing foam with 160–165 psf wind uplift strength across multiple deck types. Low GWP, HFC-free formulation with LEED contribution. Designed for commercial roofing applications requiring durable, code-compliant SPF roof systems.
• QUIK-SHIELD® 155-3 High-density 3.0 lb closed-cell roofing foam with up to 165 psf wind uplift resistance. Class A/B fire-rated assemblies (ICC ESR-2532, UL 790). Low GWP formulation meeting California and Washington mandates. For commercial roofing contractors needing high-performance SPF roof systems.
• QUIK-SHIELD® 602HS High-solids single-component silicone roof coating with >96% solids by weight and >95% solids by volume. Superior ponding water resistance, moisture-cure technology, and compatibility with SPF, metal, concrete, and existing roofing membranes. Initial solar reflectivity 0.87, SRI 110. For commercial roofing contractors restoring or protecting roofs.
• QUIK-SHIELD® 1881 Premium acrylic patching compound made from 100% acrylic polymer resins. Water-based, non-toxic formula forming a water-resistant flexible membrane. Passes 180° bend over ½ inch mandrel at -5°F. For roofing contractors sealing flashing gaps, joint repairs, and parapet wall cracks.
• QUIK-SHIELD® 1929F Flame-retardant acrylic coating meeting ASTM D-6083 and UL 790 requirements. 100% acrylic elastomeric coating with 65% solids by weight and 55% solids by volume. Fast-drying with flame-retardant properties. For commercial roofing contractors applying fire-rated roof coatings.
• QUIK-SHIELD® 1929R Heat-resistant water-based elastomeric roof coating made from 100% acrylic polymers with 65% solids by weight. Elongation at break of 255% at 0°F and 200% at 75°F. Protects against weathering and UV exposure. For commercial roofing contractors applying durable protective roof coatings.
• QUIK-SHIELD® SEAM SEALER Professional-grade silicone seam sealer and repair mastic with 97% solids by weight. Forms a durable, breathable, water-resistant barrier. Tensile strength 305 psi, elongation 60%, tack-free in 2 hours. For roofing contractors sealing seams, penetrations, and fasteners.

Quantifiable outcome

• R-values up to R-7.5 per inch with closed-cell products
• +4 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Honeywell (Solstice Blowing Agent)coreTechnology or IntegrationHoneywell is a strategic technology partner providing SWD with Solstice liquid blowing agent for multiple product lines including HYDRA XC, HYDRA XL, YETI, and YETI XL. This HFO-based blowing agent delivers GWP of 1, meeting current and future low-GWP environmental mandates while providing superior insulation performance. The partnership enables SWD to offer products that exceed environmental regulations in California, Washington, and other jurisdictions.
• Spray Foam CoalitioncoreStrategic or Co-development PartnerThe Spray Foam Coalition (part of the American Chemistry Council) is the primary industry organization for spray polyurethane foam manufacturers. SWD actively participates in coalition activities including standards development, testing, education, advocacy, and the A.I.R. Seal of Excellence certification program. The partnership helps advance spray foam as the industry standard in insulation.
• Spray Polyurethane Foam Alliance (SPFA)coreStrategic or Co-development PartnerSPFA provides industry-average Environmental Product Declarations (EPDs) for spray polyurethane foam insulation systems. SWD offers these EPDs on their website to support designers, specifiers, owners, and sustainability professionals in evaluating environmental impacts and meeting green building disclosure requirements. EPDs are developed in accordance with ASTM International program requirements and ISO standards.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Demilec (Huntsman Building Solutions): Demilec, now part of Huntsman Building Solutions, is one of the largest North American spray polyurethane foam insulation and roofing system manufacturers. It is a direct competitor to SWD's QUIK-SHIELD line, offering open-cell, closed-cell, and roofing foams through a similar contractor distribution model.
• Icynene-Lapolla (Carlisle Construction Materials): Icynene-Lapolla, owned by Carlisle Construction Materials, manufactures spray foam insulation systems including open-cell and closed-cell formulations. It competes head-to-head with SWD in residential and commercial SPF and shares a contractor-driven, quote-based go-to-market.
• NCFI Polyurethanes: NCFI Polyurethanes is a U.S. manufacturer of spray polyurethane foam insulation and roofing systems, plus specialty polyurethane chemicals. It is a direct peer to SWD given overlapping product categories (SPF insulation, roofing foam, tank and pipe insulation) and similar contractor channel.
• Gaco (Firestone Building Products): Gaco, part of Firestone Building Products (owned by Holcim), produces spray polyurethane foam insulation and silicone/acrylic roof coatings. It directly overlaps SWD's QUIK-SHIELD 602HS silicone and SPF roofing portfolio and competes in the same contractor specifications.
• BASF Wall Systems: BASF Wall Systems (now Master Builders Solutions) produces spray polyurethane foam insulation and roofing systems under the WALLTITE and ENERTITE brands. It is a direct peer given identical chemistry, application use cases, and contractor channel, with the backing of a global chemical giant.
• Accella Performance Materials: Accella Performance Materials (a Maroon Group company) manufactures spray polyurethane foam systems, polyurethane binders, and specialty coatings. It competes directly with SWD in SPF insulation and shares a focus on formulated systems for contractors and OEMs.

Broad incumbents

• Henry Company: Henry Company is a broad building envelope solutions provider offering spray polyurethane foam, coatings, air barriers, and waterproofing. It overlaps with SWD's SPF and roof coatings portfolio but operates at much greater scale and across many product categories.
• Carlisle Construction Materials: Carlisle Construction Materials owns spray foam brands (Icynene-Lapolla) plus EPDM, TPO, and other commercial roofing systems. It is a broad incumbent that competes with SWD's SPF roofing and insulation lines as part of a much larger roofing portfolio.

Emerging players

• Rhino Linings Corporation: Rhino Linings manufactures spray-applied polyurea, polyurethane, and SPF coatings for industrial, roofing, and insulation applications. It partially overlaps with SWD's spray-applied insulation and roofing coatings and targets similar contractor and OEM customers.

Others

• Honeywell (Performance Materials & Technologies): Honeywell supplies SWD with Solstice HFO blowing agent and other fluorochemical building block chemistries. As both a critical supplier and a competitor in adjacent blowing-agent systems, Honeywell is an ecosystem participant whose strategy directly shapes SWD's product roadmap and margins.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/swd-urethane

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SWD Urethane