OEM Insulation Market is predicted to reach USD 53.4 billion at a CAGR of 5.90% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global OEM Insulation Market” that contains information from 2018 to 2032. The OEM Insulation market is estimated to register a CAGR of 5.90% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global OEM Insulation market— Aspen Aerogels Inc., Paroc, Johns Manville Corporation, E.I. du Pont de Nemours and Company, Armacell International S.A., Owens Corning Corp., Saint-Gobain S.A., Rockwool International A/S, The 3M Company, and Knauf Insulation.


Market Highlights


The global OEM Insulation market is accounted to register a CAGR of 5.90% during the forecast period and is estimated to reach USD 53.4 Billion by 2032.


The market for insulation used in original equipment manufacturing processes across numerous industries is known as the OEM insulation industry. The necessity for temperature control, energy efficiency, and noise reduction in machinery and systems is what motivates it. Increased industrialisation, stronger laws, and an emphasis on sustainability are all contributing to the market's expansion.


Segment Analysis


The global OEM Insulation market has been segmented based Material Type, and End Use.


On the basis of Material Type, the market is segmented into mineral wool, polyurethane foam (PUF), flexible elastomeric foam (FEF), and other insulations. Polyurethane foam segment accounted for the largest revenue share in 2022. Since foam plastics have more uses than other types of materials now available on the market, the industry is expected to grow rapidly over the next several years.


Based on End Use, the global OEM Insulation market has been segmented into building & construction, industrial, transportation, and consumer. Transportation segment dominated the global OEM Insulation market in 2022. The demand for insulation in cars and hoods will have a big impact on the market's growth in the following years.


Regional Analysis


The global OEM Insulation market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe OEM Insulation market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The OEM Insulation market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World OEM Insulation market comprises of Middle East, Africa, and Latin America.


The North America OEM Insulation Market dominated this market in 2022 (45.80%). This is because more individuals are learning about the benefits of utilising OEM insulation; the market is predicted to grow strongly, especially in the United States.


Moreover, in 2022, the OEM Insulation market in Europe held a sizable market share. Rising fire safety concerns are expected to greatly aid in the expansion of Europe's OEM insulation market in the ensuing years. Due to its fire resistance, insulation is expected to become more popular in Germany, and the market is expected to develop significantly over the forecast period.


Additionally, from 2023 to 2032, the Asia Pacific OEM Insulation market is anticipated to experience rapid growth. The Asia Pacific region has seen a surge in the market for insulation materials as a result of efforts to save energy, particularly in China where oil production has increased. Insulation is used during renovations to cut down on energy waste. There are currently many busy construction sites, which, combined with an expansion in industrialization across several Asia-Pacific nations, has raised demand for insulation. OEM installations are most frequently used in China.


Furthermore, the rest of the world's OEM Insulation market is divided into the Middle East, Africa, and Latin America. Growth in the Latin American OEM insulation market is being fueled by infrastructure projects, energy efficiency programs, and industrial growth. Due to stronger restrictions and a focus on sustainability, there is an increase in demand for insulation materials in original equipment production. The region's market is expanding as a result of important factors like thermal management and energy efficiency.


Key Findings of the Study



  • The global OEM Insulation market is expected to reach USD 53.4 Billion by 2032, at a CAGR of 5.90% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to demand for insulation materials has increased throughout the Asia Pacific area, particularly in China, as oil output has increased there.

  • Based on end use, the transportation segment was attributed to holding the largest market in 2022.

  • Aspen Aerogels Inc., Paroc, Johns Manville Corporation, E.I. du Pont de Nemours and Company, Armacell International S.A., Owens Corning Corp., Saint-Gobain S.A., Rockwool International A/S, The 3M Company, and Knauf Insulation.



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Pages 128
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