The insulation market plays a pivotal role in diverse applications. In construction, it enhances energy efficiency by reducing heat transfer, maintaining comfortable indoor temperatures, and minimizing energy costs. In industrial settings, insulation conserves energy, prevents heat loss, and safeguards equipment. Its soundproofing properties enhance acoustics in buildings. Insulation materials offer fire resistance, moisture control, and durability, making them versatile. Moreover, eco-friendly options are gaining traction, aligning with sustainability goals, reducing environmental impact, and contributing to energy-efficient and comfortable living and working spaces.
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Data Bridge Market Research analyses that the Netherlands Insulation Market to grow at a CAGR of 5.7% in the forecast period of 2022-2029. Insulation in industries is crucial for temperature management, preventing energy loss, and safeguarding equipment. It ensures stable operating conditions, reduces energy consumption, and extends the lifespan of machinery, ultimately contributing to operational efficiency and cost savings.
Key Findings of the Study
Soundproofing is expected to drive the market's growth rate
Insulation materials serve a critical role in mitigating noise pollution in residential and commercial structures. By absorbing and dampening sound waves, insulation creates quieter indoor environments, enhancing comfort and productivity. It's particularly valuable in urban areas, near highways, or in densely populated regions where noise disturbances are common. Additionally, soundproofing insulation is utilized in building design to comply with acoustic standards, ensuring that occupants enjoy peaceful living and working spaces free from disruptive noise.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Material (Stone Wool, Glass Wool, PUR/PIR, XPS, EPS, CMS Fibers, Calcium Silicate, Aerogel, Cellulose, PIR, Phenolic Foam, Polyurethane Nitrous Oxide and Carbon Dioxide, Bio-Sourced, Others), Function (Thermal, Electric, Acoustic, Others), Form (Pipe, Foam, Blanket, Board, Others), Building Type (Residential New, Residential Renovation, Non-Residential New and Non-Residential Renovation), Application (Wall, Flat Roof, Pitched Roof and Floor), End User (Power, Chemical and Petrochemical, Oil and Gas, Construction, Automotive, Food and Beverage, Others)
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Market Players Covered
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Kingspan Group (Ireland), Recticel NV/SA (Belgium), Knauf Insulation (U.S.), Bauder Ltd (United Kingdom), Bridgestone Corporation (Japan), SOPREMA (France), BASF SE (Germany), The Dow Chemical Company (U.S.), Covestro AG (Germany), Huntsman International LLC (U.S.), Owens Corning (U.S.), Saint-Gobain (France), Armacell (Luxembourg), Johns Manville (U.S.), Lapolla Industries, Inc. (U.S.), ICYNENE (Canada)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The insulation market is segmented on the basis of material, function, form, building type, application, and end user.
- On the basis of material, the insulation market is segmented into stone wool, glass wool, PUR/PIR, XPS, EPS, CMS fibers, calcium silicate, aerogel, cellulose, PIR, phenolic foam, polyurethane nitrous oxide and carbon dioxide, bio-sourced and others.
- On the basis of function, the market is segmented into thermal, electric, acoustic, and others.
- On the basis of form, the insulation market is segmented into pipe, foam, blanket, board, and others.
- On the basis of building type, the insulation market is segmented into residential new, residential renovation, non-residential new, and non-residential renovation.
- On the basis of application, the insulation market is segmented into wall, flat roof, pitched roof, and floor.
- On the basis of end user, the insulation market is segmented into power, chemical and petrochemical, oil and gas, construction, automotive, food and beverage, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the major Netherlands insulation market players in Netherlands insulation market are Kingspan Group (Ireland), Recticel NV/SA (Belgium), Knauf Insulation (U.S.), Bauder Ltd (United Kingdom), Bridgestone Corporation (Japan), SOPREMA (France), BASF SE (Germany), The Dow Chemical Company (U.S.), Covestro AG (Germany), Huntsman International LLC (U.S.),
Market Developments
- In September 2022, GAF, a prominent roofing manufacturer, unveiled a strategic expansion of its insulation and roofing operations across Savannah, Cumming, and Statesboro in Georgia. This initiative focused on bolstering GAF's manufacturing capabilities, particularly in thermoplastic polyolefin (TPO) roofing products. By broadening its presence in these key locations, GAF aimed to meet the growing demand for high-quality roofing solutions, positioning itself as a leading provider in the industry.
- In February 2023, Saint-Gobain, a global leader in construction and high-performance materials, completed the acquisition of U.P. Twiga Fiberglass Ltd. (UP Twiga), a top player in India's glass wool insulation market. This strategic move is set to strengthen Saint-Gobain's presence in the Indian market, particularly in energy-efficient and façade solutions. The acquisition aligns with the company's commitment to offering sustainable and innovative construction solutions in India's growing building and infrastructure sector.
- In February 2023, GAF introduced its Timberlin Ultra HD shingles, designed to enhance insulation and waterproofing performance while simplifying installation. These shingles offer advanced thermal and moisture protection, improving energy efficiency and durability. Their innovative design streamlines the installation process, making it quicker and more efficient. GAF's Timberline Ultra HDZ shingles cater to the growing demand for high-quality roofing solutions that combine insulation and ease of installation.
- In July 2023, the Kingspan Group unveiled its intention to acquire a majority stake in Steico SE, a prominent manufacturer of wood fiber insulation. The acquisition, slated for early 2024 pending regulatory approval, is a strategic move aimed at expanding Kingspan's presence in the insulation industry. It reflects Kingspan's commitment to providing sustainable and innovative insulation solutions while reinforcing its market position as a leader in the sector.
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