ID: MRFR/CnM/3326-HCR | February 2021 | Region: Global | 111 pages
The global roof insulation market is a progressing market, and is expected to witness high growth over the forecast period. Insulation is a material or a blend of two or more materials that can be used to avoid heat loss or heat gain to save the valuable energy. The material is available in any size, and shape, as per the different applications. It acts as a barrier to heat loss and heat gain, particularly in roofs and ceilings, walls and floors. It has the ability to protect the environment from greenhouse gasses and improves the working efficiencies of the system. Insulation is also very effective at absorbing sound and will help reduce noise transmission through the building, giving you a quieter and more comfortable environment, which acts as a major driving factor for the market growth.
The popularity of building insulation and other applications have grown over the last few years. It can be used for different purposes such as sound, heat, and electricity insulation. The key drivers for the growth of the insulation products market are increasing consumer awareness regarding energy conservation, and rise in construction & industrial activities. The insulation products can be found in households, commercial and industries applications.
Besides saving energy and reducing the costs incurred in energy consumption, roof insulation brings down the pollution level and enhances the comfort zone inside the building, which is the major driving factor of the market. Moreover, strict laws for energy preservation, environment protection, sustainable development has prompted rise in demand of insulation products.
The global roof insulation market has been segmented, based on material, of which the glass wool segment accounted for the largest market share, in the forecast period. On the basis of insulation type, it has been segmented as batts & rolls, rigid insulation, reflective systems and others. Batts & rolls segment stands at the first place, and are expected to grow further in the forecast period. On the basis of application, it is segmented as pitched and flat. Flat roof is expected to dominate the market by application due to cost-efficient roof shape and the capability of absorbing a high amount of solar energy.
Roof Insulation Market-By Segment:
The global insulation market has seen remarkable growth over the past few years and as per MRFR analysis, the global market will continue to grow during the forecast period. Asia Pacific has shown immense growth in the roof insulation. Low cost of setting up a manufacturing unit, relatively cheap skilled labor, and low operating costs, have played a major role in boosting the growth in Asia Pacific market. Moreover, favorable government norms and policies, and the demand for the insulated equipment play an important role in the growth of the market.
The key players of global roof insulation market includes International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain (France), Owens Corning Corporation (U.S.), Berkshire Hathaway, Inc. (U.S.), BASF (Germany), The 3M Company (U.S.), Rockwool International (Denmark), The Dow Chemical Company (U.S.), and Paroc (Finland).
Owens Corning acquired foam glass insulation manufacturer Pittsburgh Corning, the world’s leading producer of cellular glass insulation systems for commercial and industrial markets.
The report for Global Roof Insulation 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.
|Market Size||2027: Significant Value|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type, Material, Application and End-Use|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain (France), Owens Corning Corporation (U.S.), Berkshire Hathaway, Inc. (U.S.), BASF (Germany), The 3M Company (U.S.), Rockwool International (Denmark), The Dow Chemical Company (U.S.), and Paroc (Finland)|
|Key Market Opportunities||t has the ability to protect the environment from greenhouse gasses and improves the working efficiencies of the system.|
|Key Market Drivers||Insulation is also very effective at absorbing sound and will help reduce noise transmission through the building|
Frequently Asked Questions (FAQ) :
roof insulation market is expected to grow at 4.12% CAGR from 2017 to 2023.
roof insulation market is driven by need of insulation to block out sound and protect the environment from greenhouse gases.
Flat roofs can lead in the global roof insulation market due to its cost-efficient shape and its capacity to store large volumes of solar energy.
The APAC region can showcase maximum growth for the global roof insulation market owing to low costs for establishing facilities and cost-effective workforce.
Paroc, Saint-Gobain, Berkshire Hathaway, Inc., BASF, The 3M Company, International A/S, Owens Corning Corporation, The Dow Chemical Company, Knauf Insulation GmbH, and Rockwool International are prominent players of the global roof insulation market.
Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Roof Insulation Market, By Type
4.2 Batts & Rolls
4.3 Rigid Insulation
4.4 Reflective Systems
5 Global Roof Insulation Market, By Material
5.2 Glass Wool
5.3 Stone Wool
5.4 Plastic Foam
6 Global Roof Insulation Market, By Application
6.2 Flat Roof
6.3 Pitched Roof
7 Regional Market Analysis
7.2 North America
7.3.5 Rest of Europe
7.4 Asia Pacific
7.4.4 Rest of Asia-Pacific
7.5 Rest of the World
8 Competitive Analysis
8.2 Competitive Scenario
8.2.1 Market Share Analysis
8.2.2 Market Development Analysis
8.2.3 Technology/Service Benchmarking
8.3 International A/S (Denmark)
8.3.2 Product/Service Offering
8.4 Knauf Insulation GmbH (Germany)
8.4.2 Product/Service Offering
8.5 Saint-Gobain (France)
8.5.2 Product/Service Offering
8.6 Owens Corning Corporation (U.S.)
8.6.2 Product/Service Offering
8.7 Berkshire Hathaway, Inc. (U.S.)
8.7.2 Product/Service Offering
8.8 BASF (Germany)
8.8.2 Product/Service Offering
8.8 The 3M Company (U.S.)
8.8.2 Product/Service Offering
8.10 Rockwool International (Denmark)
8.10.2 Product/Service Offering
8.11 The Dow Chemical Company (U.S.)
8.11.2 Product/Service Offering
8.12 Paroc (Finland)
8.12.2 Product/Service Offering