Insulation Products Market Research Report - Global Forecast to 2030

Insulation Products Market Information by Insulation Type (Thermal, Acoustic Vacuum and Others), by Materials (Mineral Wood, Plastic foam, Fiberglass, and Others), by Application (Residential, Commercial, Industrial and Others) and by Region - Forecast to 2030

ID: MRFR/CnM/1349-HCR | February 2021 | Region: Global | 185 pages         

Insulation Products Market

Insulation Products Market is projected to be worth USD 105.80 Billion by 2030, registering a CAGR of 9% during the forecast period (2022 - 2030)

Segmentation

By Insulation Type Thermal Acoustic Vacuum Others
By Materials Mineral Wood Plastic foam Fiberglass Others
By Application Residential Commercial Industrial Others

Key Players

  • Sika AG
  • Trelleborg AB
  • Owens Corning
  • BASF SE
  • Knauf Insulation
  • John Manville Inc.3M Company
  • Dunmore Corporation
  • DuPont
  • Avery Dennison Corporation

Drivers

  • Increasing industrial & construction activities
  • increasing awareness about energy conservation are boosting market growth
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Insulation Products Market: Scenario

Insulation Products Market is projected to be worth USD 105.80 Billion by 2030, registering a CAGR of 9% during the forecast period (2022 - 2030). The market was valued at USD 63.15 billion in 2021.

Insulation can refer to the process of protecting or shielding. The popularity of building insulation and other applications have grown over last few years. It can used for different purposes like sound, heat, and electricity insulation. The key drivers for the growth of the insulation products market are increasing consumer awareness regarding energy conservation and rising the construction & industrial activities. The insulation products can be found in households, commercial and industries applications. Residential application segment is anticipated to dominate the market. Increasing demand for thermal insulation from households is expected to drive the application growth. However, volatile prices of raw materials are expected to remain a key challenge for industry participants. 


Key Players

The key players of Insulation products Market report include- Sika AG, Trelleborg AB, Owens Corning, BASF SE, Knauf Insulation, John Manville Inc., 3M Company, Dunmore Corporation, DuPont, and Avery Dennison Corporation.

Segmentation:

Regional Analysis of Insulation Products Market: North-America is the largest market for insulation products, followed by Europe. Increasing demand for thermal insulation in residential and commercial building & government initiatives such as Weatherization Assistance Program, which promotes the thermal insulation, are the major factor driving the North America market. Asia-Pacific is expected to expand fastest over the forecasted period because high rate of industrialization & construction activity.


Market Size of Insulation Products Market by Regions (USD Million):


Target Audience



  • Insulation products manufactures

  • Insulation Materials Suppliers

  • Environmental Associations

  • Research Institute / Education Institute

  • Potential Investors

  • Key executive (CEO and COO) and strategy growth manager


Product Analysis



  • Product matrix which gives a detailed comparison of the market for different recycled product types


Additional Information



  • Regulatory Landscape

  • Pricing Analysis

  • Macroeconomic Indicators


Geographic Analysis



  • Geographical analysis across 15 countries


Company Information



  • Profiling of 10 key  market players

  • In-depth analysis including SWOT analysis, and strategy  information of related to report title

  • Competitive landscape including emerging trends adopted by major companies


Recent Development

November 2021-HUNTSMAN BUILDING SOLUTIONS, an eminent name in high quality, sustainable building insulation solutions, has been granted the Environmental Product Declaration for its HEATLOK HFO & HEATLOK Soya HFO closed cell spray foam systems.
The key objective offered by this EPD is to ensure the sustainability specification of the insulation products. High-performance advanced insulation products like HEATLOK HFO help add to the global warming reduction goals.

November 2021-Installed Building Products Inc., a world-renowned installer of insulation building products, has acquired CFI Insulation Inc. (Knoxville, Tennessee). CFI installs spray foam and fiberglass insulation products into new multifamily, commercial and residential construction projects.
Installed Building Products Inc. is one of the United States’ biggest residential insulation installers and complementary building items, such as fire-stopping, waterproofing, garage doors, fireproofing, window blinds, rain gutters, closet shelving, mirrors, shower doors, for commercial as well as residential builders in the country.

Study Objectives of Insulation products Market:



  • To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Insulation products Market

  • To provide insights about factors affecting the market growth

  • To Analyze the Insulation products Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segment by Insulation Type, Materials, Applications and by Region.

  • To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Insulation products Market


The report for Insulation Products Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.




Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD 105.80 Billion
  CAGR   9% (2022–2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Insulation Type, By Materials, By Application and By Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Sika AG, Trelleborg AB, Owens Corning, BASF SE, Knauf Insulation, John Manville Inc., 3M Company, Dunmore Corporation, DuPont, and Avery Dennison Corporation
  Key Market Opportunities   Volatile prices of raw materials are expected to remain a key challenge for industry participants.
  Key Market Drivers   Increasing industrial & construction activities and increasing awareness about energy conservation are boosting market growth.


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Frequently Asked Questions (FAQ) :

The insulation products market is projected to grow at a 9% CAGR between 2021-2028.

North America is expected to lead the insulation products market.

Residential segment will dominate the insulation products market.

Increasing industrial & construction activities and increasing awareness about energy conservation are boosting market growth.

Volatile raw material prices may deter market growth.