The report on the Global Insulation Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Insulations serve as protective coatings to a surface or a building from heat, noise, electricity or weathering, depending on the objective of insulation and the type of insulation used. Different materials used to provide insulation include fiberglass, plastic foam, mineral wool, cotton wool and slag wool. Insulation is used in industrial HVAC (Heating, ventilation and air conditioning) and OEM (Original Equipment Manufacturers) residential as well as non-residential constructions.
Fiberglass is the leading product segment of the global insulation market. However, the use of plastics as insulators is continuously falling down. Prices of the raw material used manufacturing plastic insulators are increasing steadily, especially crude oil prices and there are associated environmental effects with plastic insulators. In this regard, new eco-friendly, bio based insulators have come up. Their market is projected to experience a steady growth in the forecasted duration.
Construction industry is a major end-user of the global insulation market. The residential constructions are a bigger share holder of the global insulation market. Moreover, the demands from automotive and electrical industries are also rising consistently. The market trend indicates that the shift is towards insulators with high R-value, wherein the R-values are used as an indicator to assess the quality of an insulator.
Insulation and re-insulation activities in multiple parts of the world are driving the growth of the global insulation market. The increasing price of fossil fuels is calling for the conservation of energy. This is where insulators come into play as they help conserve energy and reduce utility bills.
Asia-Pacific leads the global insulation market followed by North America and Europe. Within Asia-Pacific, China and India lead the global insulation market, due to heavy infrastructural development. Also, the increase in disposable income of the global population can be reasoned as a growth factor for the global insulation market.
The key players in global insulation market include:
- BASF
- Huntsman
- Knauf Insulation Group
- Owens Corning
- Recticel
- Bayer
- Byucksan
- Carlisle Insulation
- Dalian Rockwool
- Fletcher Building
- GAF Materials
- Hebei Renqiu Jinglian Group
- Johns-Manville
- Kingspan Group
- Ningbo Firewheel Thermal Insulation & Sealing
- Nova Chemicals
- Paroc Group
- Rockwool Group
- Saint-Gobain
- Tengzhou City Huahai New Thermal Insulation Material
- The Dow Chemical
SEGMENTATIONS IN REPORT:
Insulation By Product:
- Fiberglass
- Plastic Foam
- Mineral Wool
- Other (Including Cotton Wool, Slag Wool, Etc.)
Insulation By Applications:
- Residential Construction
- Industrial, HVAC, and OEM
- Nonresidential Construction
Insulation By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Insulation Market has been exhibited in detail in the following chapters -
Chapter 1 Insulation Market Preface
Chapter 2 Executive Summary
Chapter 3 Insulation Industry Analysis
Chapter 4 Insulation Market Value Chain Analysis
Chapter 5 Insulation Market Analysis By Meat Product
Chapter 6 Insulation Market Analysis By Applications
Chapter 7 Insulation Market Analysis By Geography
Chapter 8 Competitive Landscape Of Insulation Companies
Chapter 9 Company Profiles Of Insulation Industry