Insulation Market Is Predictable To Touch USD 97.36 Billion ...| MENAFN.COM

Friday, 27 January 2023 12:36 GMT

Insulation Market Is Predictable To Touch USD 97.36 Billion By 2029, Size, Share, Upcoming Trends, Business Opportunities, Demand, And Segmentation Analysis


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EDINBURGH, Oct. 18, 2022 (GLOBE NEWSWIRE) -- A Qualitative Research Study accomplished by Data Bridge Market research's database, titled“” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. The Insulation market research report is a top-notch research report portrays key rising patterns and their effect on present and future improvement. It has secured the huge perspectives that are contributing to the development of the Insulation market. The fundamental objective of this report is to include the diverse key market components, for instance, drivers, development, and restrictions that are influencing the overall Insulation market. This report has offered a clear picture of market's present status which includes the on-going market mergers, collab, partnership, trending products, new product launch etc.

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.

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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.

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.

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.

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)

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The investment made in the study would provide you access to information such as:

  • [Global – Broken-down into regions]
  • Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
  • Country wise Market Size Split [of important countries with major market share]
  • Market Share and Revenue/Sales by leading players
  • Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
  • Market Size
  • Market Size by application/industry verticals
  • Market Projections/Forecast

Market Dynamics: Insulation Market

  • 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 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 

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Key Industry Segmentation: Insulation Market

The 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.

By Product

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

By Function

  • Thermal
  • Acoustic
  • Electric
  • Others

By Form

  • Blanket
  • Foam
  • Board
  • Pipe

By Application

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

Regional Analysis/Insights: Insulation Market

The countries covered in the 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.

Table of Contents:

  • Introduction
  • Market Segmentation
  • Executive Summary
  • Premium Insights
  • Regulations
  • Market Overview
  • Global Insulation Market, By Product
  • Global Insulation Market, By Function
  • Global Insulation Market, By Form
  • Global Insulation Market, By Application
  • Global Insulation Market, By Region
  • Global Insulation Market: Company Landscape
  • SWOT Analyses
  • Company Profile
  • Questionnaires
  • Related Reports

    To Check the Complete Table Of contents, click here @

    Explore More Reports:-

    • , By Product Type (Thin Films, Foils, Wraps, Rigid Insulated Products, Stone Wool Insulation Covers, Coating Material and Others), Material Type (Rockwool, Fiberglass, Polyurethane, Polystyrene, Polyolefin, Polypropylene, Polycarbonate, Polyvinyl Chloride, Urea Formaldehyde, Phenolic Foam, Elastomeric Foam and Others ), Temperature (Hot Insulation and Cold Insulation), Application (Building And Construction, Electronics, Chemical Industry, Energy and Power, Oil and Gas, Automotive, Transportation, Food and Beverage and Others,)
    • , By Material Type (Stone Wool, Glass Wool, Plastic Foam, Others), Building Type (Residential Building, Non-Residential Building), Application (Roof Insulation, Wall Insulation, Floor Insulation), Temperature Range (-160°C to -50°C, -49°C to 0°C, -1°C to 100°C and 101°C to 650°C), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)
    • , By Product (Ceramic Fibre, Insulating Firebrick, Calcium Silicate and Others), Temperature Range (1000ºC-1700ºC and Above 1700ºC), Application (Petrochemicals, Ceramics, Glass, Cement, Iron and Steel, Refractory, Powder Metallurgy, Aluminium and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)
    • , By Material (Fiberglass, Elastomers, Others), Insulation Type (Thermal Insulation, Acoustic Insulation, Electrical Insulation), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa)
    • , By Type (Mineral Wool, Foamed Plastics and Others), End User Industry (Building and Construction, Transportation, Manufacturing and Processing and Others), Form (Blankets, Batts, Panels and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) 
    • By Material Type (Foamed Plastics, Mineral Wool/Fiber, Other Insulating Materials), End-Use Industry (Industrial, Consumer, Transportation), Insulation Type (Blanket, Rolls & Butts, Loose Fill & Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)
    • , By Type (Sheets and Films, Vacuum Insulation Panels (VIP), Coatings, Foils, Foams, Others), Materials (Aerogels, Silica Aerogels, Metals, Plastic Foams, Fiberglass, Others), Application (Building Thermal Insulation, Thermal Packaging, Automotive, Wires and Cables, Pipe Coatings, Others)
    • , By Material (Glass Wool, Stone Wool, Plastic Foam, Fiberglass, Cellulose, Mineral Wool, Rock Wool, Slag Wool, Polystyrene, Polyurethane Foam, Others), End Users (Residential Buildings, Commercial Buildings, Marine and Offshore, Industrial Building and Construction), Application (Walls and Partitions, Cable Lines, Piping, Air Ducts, Storage Tanks, Supporting Structures)
    • , By Product Type (Flexible Foam, Rigid Foam, Man-made Mineral Fiber), Application (Heating and Plumbing, HVAC, Refrigeration, Industrial Processes Acoustic), End User (Industrial and OEM, Energy Transportation, Commercial Buildings)

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