Chemical and Materials

Request for TOC Request for Sample
BUY NOW

Global Insulation Market – Industry Trends and Forecast to 2029

Chemical and Materials | Upcoming Report | Oct 2022 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Insulation Market, By Product (Expanded polystyrene, Glass wool, Mineral wool, Cellulose, Calcium silicate, others), Function (Thermal, Acoustic, Electric, Others), Form (Blanket, Foam, Board, Pipe), Application (Residential Construction, Industrial, HVAC & OEM, Non-residential Construction) – Industry Trends and Forecast to 2029.

Get Exclusive Sample Copy of this Report Here

Insulation Market Analysis and Size

Insulation is a lightweight material used in various end-user industries, mainly in construction and textile. Insulation is widely used in the construction and building industries. The industry growth is primarily driven by the growing investments in energy-efficient infrastructure all over the globe. The fast-paced urbanization and industrial growth across developing and developed economies have encouraged administrative authorities and governments to make noticeable investments in infrastructure development.

Data Bridge Market Research analyses that the insulation market is expected to undergo a CAGR of 6.70% during the forecast period. This indicates that the market value, which was USD 57.95 billion in 2021, would rocket up to USD 97.36 billion by 2029. 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.

Insulation Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Expanded polystyrene, Glass wool, Mineral wool, Cellulose, Calcium silicate, Others), Function (Thermal, Acoustic, Electric, Others),  Form (Blanket, Foam, Board, Pipe), Application (Residential Construction, Industrial, HVAC & OEM, Non-residential Construction)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

BASF SE (Germany), Dow (U.S.), Owens Corning (U.S.), Huntsman International LLC (U.S.), W. L. Gore & Associates, Inc, (U.S.),  Polartec, LLC (U.S.), PrimaLoft, Inc. (U.S.)., Remmers India Pvt Ltd (India), UdiDÄMMSYSTEME GmbH (Germany), Invista (U.S.), HDWool Ltd (U.S.), 3M (U.S.), Freudenberg Group (Germany), Viridian Energy Solutions (U.K.), Armacell (Luxembourg), Atlas Roofing Corporation (U.S.), Beijing New Building Material (Group) Co., Ltd. (Japan), ROCKWOOL A/S (Denmark)

Market Opportunities

  • Growth and expansion of buildings and construction industry
  • Rising research and development opportunities
  • Rising demand for plastic foam due to environmental concerns

Market Definition

Insulation consists of several materials, such as fiberglass or mineral wool. These materials are mainly used for insulating air ducts in homes. Insulation is also used when there's a requirement for insulation that can withstand at high temperatures. These products come in a wide range of thicknesses.

Global Insulation Market Dynamics

Drivers

  • High usage of insulation in construction industry

Development in the construction industry has boosted the demand for insulation products in last few years. This trend is also anticipated to continue during the forecast period because of the rising demand of green buildings and growing energy conservation regulations overall the globe. Insulation aids in decreasing the cost of entire infrastructure by reducing the energy consumption in buildings. The rising demand for insulation is expected to drive the market's growth rate.

  • Rising demand of insulation in residential and non-residential application

Increasing demand for insulation in both residential and non-residential applications on account of increasing energy costs and rising importance for energy conservation is anticipated to increase the demand for thermal insulation materials and drive the growth rate of the insulation market.

  • Huge growth and expansion of automotive sector

Insulation materials are progressively being used in automobiles to enhance sound absorptions and reduce noise, and vibrations. They also help in the manufacturing of many automotive parts such as roll pans, wiper cowls, and bumpers. The automotive sector's growth and expansion boosts the demand for the insulating material, which is anticipated to drive the market growth rate.

Furthermore, the rising demand for insulation due to its excellent property, and increasing usages in construction and other industries from emerging economies are some of the major factors which are expected to accelerate insulation market during forecast period 

Opportunities

  • Rising demand for plastic foam due to environmental concerns

The increasing demand for plastic foam is expected to create lucrative opportunities for market growth. The growing popularity of plastic wool insulation can be recognised due to its inexpensiveness, superior thermal resistance and relatively low vulnerability to moths and insects compared to naturally derived insulation materials for instance, sheep wool insulation. Moreover, the increasing concerns regarding environmental sustainability and rapid growth in the use of recycled materials may positively affect the demand of the plastic wool insulation in upcoming years.

Restraints/Challenges

  • Issues associated with insulation

Volatility in raw material prices, the emergence of green products, and the building material conformity are some major factors that will hamper the growth of the global insulation market during the forecast period.

This insulation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the insulation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Insulation Market

The outbreak of the COVID-19 pandemic has declined the growth of the insulation market globally. Insulation materials have experienced a decrease in demand, mainly during the initial stages of the epidemic, when major infrastructure and construction projects were temporarily closed and fitness and gyms centres were shut down. However, with steady ease of containment measures, the construction activities have picked up pace in several regions. Due to all these factors, the demand of the product has remained fairly steady and is likely to increase in the upcoming period.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Insulation Market Scope

The insulation market is segmented on the basis of product, function, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Expanded polystyrene
  • Glass wool
  • Mineral wool
  • Cellulose
  • Calcium silicate
  • Others

Function

  • Thermal
  • Acoustic
  • Electric
  • Others

Form

  • Blanket
  • Foam
  • Board
  • Pipe

Application

  • Residential Construction
  • Industrial
  • HVAC & OEM
  • Non-residential Construction

Insulation Market Regional Analysis/Insights

The insulation market is analysed and market size insights and trends are provided by country, product, function, form and application as referenced above.

The countries covered in the insulation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the insulation market in terms of market share. This is due to the increasing demand for insulation products in non-residential and residential construction, growing population and rapid industrialization in this region. 

Europe will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to major insulation product manufacturers and the rapid industrialization in these regions.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Insulation Market Share Analysis

The insulation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to insulation market.

Some of the major players operating in the insulation market are:

  • BASF SE (Germany)
  • Dow (U.S.)
  • Owens Corning (U.S.)
  • Huntsman International LLC (U.S.)
  • W. L. Gore & Associates, Inc., (U.S.)
  • Polartec, LLC (U.S.)
  • Prim aloft, Inc. (U.S.)
  • Remmers India Pt. Ltd (India)
  • UdiDÄMMSYSTEME GmbH (Germany)
  • Invista (U.S.)
  • HDWool Ltd (U.S.)
  • 3M (U.S.)
  • Freudenberg Group (Germany)
  • Viridian Energy Solutions (U.K.)
  • Armacell (Luxembourg)
  • Atlas Roofing Corporation (U.S.)
  • Beijing New Building Material (Group) Co., Ltd. (Japan)
  • ROCKWOOL A/S (Denmark)


SKU-

Table of Content

Please fill in the below form for detailed Table of Content

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Table

Please fill in the below form for detailed List of Table

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Figure

Please fill in the below form for detailed List of Figure

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

View Infographics

Please fill in the below form for detailed Infographics

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country
CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19

Browse Related Reports

Global Foam Insulation Market - Industry Trends and Forecast to 2028

North America Foam Insulation Market - Industry Trends and Forecast to 2029

Europe Foam Insulation Market – Industry Trends and Forecast to 2031

Asia-Pacific Foam Insulation Market – Industry Trends and Forecast to 2029

Belgium Foam Insulation Market – Industry Trends and Forecast to 2029

France Foam Insulation Market – Industry Trends and Forecast to 2030

Global Glass Insulation Market – Industry Trends and Forecast to 2029

Global Tank Insulation Market – Industry Trends and Forecast to 2028

Global Cryogenic Insulation Market – Industry Trends and Forecast to 2028

Asia-Pacific Tank Insulation Market – Industry Trends and Forecast to 2028

Europe Tank Insulation Market – Industry Trends and Forecast to 2028

Middle East and Africa Tank Insulation Market – Industry Trends and Forecast to 2028

North America Tank Insulation Market – Industry Trends and Forecast to 2028

Global Microporous Insulation Market – Industry Trends and Forecast to 2028

Global Pipe Insulation Market – Industry Trends and Forecast to 2029

Global High Temperature Insulation Market – Industry Trends and Forecast to 2028

Belgium Insulation Market – Industry Trends and Forecast to 2028

France Insulation Market – Industry Trends and Forecast to 2030

Netherlands Insulation Market – Industry Trends and Forecast to 2029

Global Acoustic Insulation Market – Industry Trends and Forecast to 2028

Global Flexible Insulation Market – Industry Trends and Forecast to 2029

Germany Foam Insulation Market – Industry Trends and Forecast to 2030

U.K Foam Insulation Market - Industry Trends and Forecast to 2029

Asia-Pacific Pipe Insulation Market – Industry Trends and Forecast to 2030

Europe Pipe Insulation Market – Industry Trends and Forecast to 2029

Middle East and Africa Pipe Insulation Market – Industry Trends and Forecast to 2030

North America Pipe Insulation Market – Industry Trends and Forecast to 2029

Global High-Performance Insulation Market - Industry Trends and Forecast to 2030

Global OEM Insulation Market – Industry Trends and Forecast to 2030

Global Thin Insulation Market – Industry Trends and Forecast to 2031

Global Fireproof Insulation Market – Industry Trends and Forecast to 2030

Global Technical Insulation Market - Industry Trends and Forecast to 2029

Global Roof Insulation Market - Industry Trends and Forecast to 2029

Global Industrial Insulation Market - Industry Trends and Forecast to 2029

Global Cold Insulation Market – Industry Trends and Forecast to 2030

Global Exterior Insulation Market – Industry Trends and Forecast to 2029

Global Vacuum Insulation Market – Industry Trends and Forecast to 2029

Global Heating, Ventilation and Air Conditioning (HVAC) Insulation Market – Industry Trends and Forecast to 2029

Global Aircraft Insulation Market – Industry Trends and Forecast to 2029

Global Garment Active Insulation Market – Industry Trends and Forecast to 2029

Global Active Insulation Market – Industry Trends and Forecast to 2029

Global Aerospace Insulation Market – Industry Trends and Forecast to 2029

Global Building Thermal Insulation Market - Industry Trends and Forecast to 2030

Global Spray Foam Insulation Market – Industry Trends and Forecast to 2028

U.S. Pipe Insulation Market – Industry Trends and Forecast to 2028

Canada Pipe Insulation Market – Industry Trends and Forecast to 2028

Global Methylene Diphenyl Diisocyanate (MDI)-based Polyurethane (PU) Technical Insulation Market – Industry Trends and Forecast to 2029

Saudi Arabia Building Thermal Insulation Market – Industry Trends and Forecast to 2029

Global Cryogenic Insulation Market – Industry Trends and Forecast to 2028

Global Fireproof Insulation Market – Industry Trends and Forecast to 2030

Global OEM Insulation Market – Industry Trends and Forecast to 2030

Global Pipe Insulation Market – Industry Trends and Forecast to 2029

Browse Related Blogs

Foam Insulation Market is Expected to Reach a Market Value of USD 32,955.62 million by 2026

Increasing Demand from Oil and Gas Industry and Growing Demand for Cryogenics Insulation in LNG storage and Transportation are Driving the growth of Global Tank Insulation Market in the forecast period of 2019 to 2026

Belgium Insulation Market is Driven by Growing Demand of Acoustic Comfort in Buildings in the forecast period of 2019 to 2026

France Insulation Market is Driven by Growing Demand of Acoustic Comfort in Buildings in the forecast period of 2019 to 2026

Netherlands Insulation Market is driven by growing demand of Acoustic Comfort in Buildings in the forecast period of 2019 to 2026

France Foam Insulation Market is Expected to Grow at 7.2% in the Forecast Period of 2020 to 2027

Germany Foam Insulation Market is Expected to Grow at 6.5% in the Forecast Period of 2020 to 2027

Revolutionizing U.K. Construction: High-Performance Foam Insulation Powers Energy Efficiency and Sustainable Building Practices

Global Pipe Insulation Market is Expected to Reach a Valuation of Euro 1,659,677.97 Thousand by 2027

Global Flexible Insulation Market is to Witness a CAGR of 5.60% in the Forecast of 2020 to 2027

Global Technical Insulation Market Rising Exponentially at CAGR of 4.10% During the Anticipated Period of 2020 to 2027

Elevating Comfort, Energy Efficiency, and Sustainability: The Global Roof Insulation Solution

Global OEM Insulation Market Rising Exponentially at CAGR of 5.90% during the Anticipated Period of 2020 to 2027

Global Industrial Insulation Market is Expected to Reach a Market Value of USD 3.86 billion by 2027

Advancements and Innovations in Aircraft Insulation Solutions

Global Exterior Insulation Market is Expected to Reach a Market Value of USD 173.54 billion by 2027

Glass Insulation: Elevating Sustainability and Energy Efficiency

Global High-Performance Insulation Market is Estimated to Reach a Market Value of USD 20.82 billion by 2027

Global Fireproof Insulation Market Rising Exponentially at rate of 4.70% in Forecast Period of 2020 to 2027

Global Thin Insulation Market Rising Exponentially at a rate of 5.90% in the Forecast Period of 2020 to 2027

Global Vacuum Insulation Market is Estimated to Reach a value of USD 2.99 billion by 2027

Global Cold Insulation Market Rising at rate of 8.30% in the Forecast Period of 2020 to 2027

Global HVAC Insulation Market Rising at rate of 4.70% in the Forecast Period of 2020 to 2027

Global Acoustic Insulation Market is Driven by the Growing Demand from Acoustic Insulation

Europe Foam Insulation Market is Expected to Grow with a CAGR of 5.9% in the Forecast Period of 2021 to 2028

Canada Pipe Insulation Market is Growing with a CAGR of 4.1% in the Forecast Period of 2021 to 2028

U.S. Pipe Insulation Market is Growing with a CAGR of 5.4% in the Forecast Period of 2021 to 2028