Global Original Equipment Manufacturer (O.E.M.) Insulation Market – Industry Trends and Forecast to 2029

Global Original Equipment Manufacturer (O.E.M.) Insulation Market, By Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam, Others), End Users (Building and Construction, Industrial, Transportation, Consumer), Insulation Type (Blanket, Rolls and Butts, Loose Fill, Others) - Industry Trends and Forecast to 2029.

Original Equipment Manufacturer (O.E.M.) Insulation Market Analysis and Size

The growing demands for O.E.M. insulation services from HVAC systems as the system can counter any external noise will boost the growth of the market over the forecasted period. Additionally, the rise in the fire related accidents across the globe is also a factor boosting the growth of the market. The market is expected to rise in demands across sectors such as automotive, construction, and marine industries.

Global original equipment manufacturer (O.E.M.) insulation market was valued at USD 32.00 billion in 2021 and is expected to reach USD 49.86 billion by 2029, registering a CAGR of 5.70% during the forecast period of 2022-2029. 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.

Original Equipment Manufacturer (O.E.M.) Insulation Market Scope and Segmentation

Market Definition

O.E.M. stands for the original equipment manufacturer, whereas insulator is equipment that minimizes heat gain or loss, provides sound gain or attenuation, and also creates a block between the surfaces to resist fire. The OEM insulation potentially enhances the technical performance of the manufactured products and also creates a resistant environment for responding to the uncertain climatic factors and accidents.

Global Original Equipment Manufacturer (O.E.M.) Insulation Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:

Drivers

• Favourable government initiative are driving the growth

The favorable initiatives by the government associated with environmental regulations to increase demand for energy-efficient equipment will further extend profitable opportunities to the market players in the forecast period. Fiberglass insulation has been the popular choice for manufacturing insulation blankets, rolls, and batts for decades. Additionally, increased manufacturing activity and appliance output will increase the demand for O.E.M. insulation in the industrial and other markets. This factor is driving the growth of the market over the forecasted period.

• The rise in the construction activities

The O.E.M. insulation equipment is extensively used across construction industries. They are widely used in buildings and construction to shield structures from fire-related incidents. Additionally, the product is applied in several ways to initiate safety protocols, widely in developing countries such as China. The expansion of end-use industries, coupled with the increase in urbanization and population, will further propel the market's growth rate.

Opportunities

• Regulations and the rising use of HVAC systems

The favorable government initiatives associated with increasing demand for the use of safety protocols in the industrial and residential parameters is creating growth opportunities for the market. The rising use of heating, ventilation, and air conditioning systems due to their wide range of applications, such as temperature and humidity-controlling facilities, is also a factor creating lucrative growth opportunities for the market. The rising end-use industries globally ad the controlled regulation of air flow helps in the insulation and safety of building premises and lead to energy saving up to a large extent.

Restraints/Challenges

• Stringent approval process

The manufacturers must enhance their manufacturing and production processes per the regulatory policies imposed by various governments. These stringent policies will further hinder the growth of the original equipment manufacturer (O.E.M.) insulation market.

• Fluctuations in raw material prices

The inconsistent raw material prices have a direct negative impact on the overall market's growth. As a result, these fluctuations will challenge the original equipment manufacturer's (O.E.M.) insulation market growth rate.

This original equipment manufacturer (O.E.M.) 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 original equipment manufacturer (O.E.M.) 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 Original Equipment Manufacturer (O.E.M.) Insulation Market

The recent outbreak of coronavirus harmed the original equipment manufacturer (O.E.M.) insulation market. The market faced trouble in supply chains, lesser availability of workforce, fluctuations in prices, and availability of raw materials, which hampered the market broadly. However, with the gradual upliftment of restriction and restoration of business operations, the industry is expected to grow steadily. Also, the market is estimated to revive as individual regulatory bodies relax these enforced lockdowns. The suspended and canceled operations will continue, and the market is estimated to expand.

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 Original Equipment Manufacturer (O.E.M.) Insulation Market Scope

The original equipment manufacturer (O.E.M.) insulation market is segmented on the basis of material type and end users. 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.

Material Type

• Mineral Wool
• Fiberglass
• Stone Wool
• Polyurethane Foam
• Flexible Elastomeric Foam
• Ethylene Propylene Diene Monomer
• Nitrile Butadiene Rubber
• Polyethylene Insulation
• Others
• Extruded Polyethylene Insulation
• Expanded Polyethylene Insulation
• Aerogel
• Others

End Users

• Building and Construction
• Industrial
• Petrochemical and Oil
• Refrigeration
• Food Processing
• Power Generation
• Others
• Transportation
• Aerospace and Defence
• Automotive
• Others  
• Marine
• HVAC
• Consumer
• Consumer goods
• Lighting and Other Electronics

Insulation Type

• Blanket
• Rolls and Butts
• Loose Fill
• Others

Original Equipment Manufacturer (O.E.M.) Insulation Market Regional Analysis/Insights

The original equipment manufacturer (O.E.M.) insulation market is analyzed and market size insights and trends are provided by material type and end users as referenced above.

The countries covered in the original equipment manufacturer (O.E.M.) 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, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth in this region is attributed to the increasing demands for domestic and commercial buildings and rising awareness regarding the benefits associated with the usage of O.E.M. insulation within the region.

North America, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029 due to the rapid economic development within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact 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 Original Equipment Manufacturer (O.E.M.) Insulation Market Share Analysis

The original equipment manufacturer (O.E.M.) 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 original equipment manufacturer (O.E.M.) insulation market.

Some of the major players operating in the original equipment manufacturer (O.E.M.) insulation market are

• AkzoNobel N.V. (Netherlands)
• P.P.G. Industries Inc., (U.S.)
• The Sherwin-Williams Company (U.S.)
• R.P.M. International Inc., (U.S.)
• NIPSEA GROUP (Japan)
• Arkema (France)
• Cardolite Corporation (U.S.)
• BASF SE (Germany)
• Evonik Industries AG (Germany)
• Reichhold LLC 2, (U.S.)
• D.S.M. (Netherlands)
• Qualipoly Chemical Corp. (Taiwan)
• Arakawa Chemical Industries,Ltd. (Japan)
• Alberdingk Boley (U.S.)
• Eternal Materials Co.,Ltd.  (Taiwan)
• Wacker Chemie AG (Japan)
• DIC CORPORATION (Japan)