Closed-cell (aka two-pound foam) is denser than open-cell at about 2 pounds per cubic foot. Its R-Value is between 6-6.5 per inch. As a result, this kind of foam is much more expensive than its counterpart. The reason closed-cell doesn't need a vapor retarder is because it already has one. It's permeance is 0.8 perm, which means it can handle cold climates without the use of an additional board or drywall. Closed-cell uses hydroflurocarbons (HFCs) as part of its makeup. However, this material has been known to have a high global warming effect. If you want a green insulation solution, this is not the material to use. A way to avoid this and still use closed-cell is by installing it alongside fiberglass batts.
Spray foam insulation, also known as foaming insulation or sprayed insulation, is a two-part liquid insulation material that insulates and air seals wherever it is applied. The material comes in two large 55 gallon drums – an iso and a resin. These two liquids are kept separate until applied at the jobsite by a qualified, licensed spray foam installer. The two liquids travel up through a heated hose to the spray gun where they are combined to create the foam. The foam expands within seconds to fill the cavity surface. Depending on the type of sprayed-in foam insulation used, closed-cell or open-cell, the foam expands between 40 and 100 times its size upon application.