Insulation Materials Market Share, Forecast, Overview and Key Companies Analysis by 2028
The global insulation materials market is projected to be worth USD 82.96 Billion by 2027, according to a current analysis by Emergen Research. The insulation materials market observes high demand attributed to the increasing demand for reduced energy consumption in buildings. Insulation of roof, walls, attic, and foundations are a vital requirement for energy-efficient residential buildings. Also, glass being an inefficient insulator, the insulation of see-through windows, envelopes, and skylights substantially lessens loss or heat gain, causing a reduction in heat transfer and vapor condensation. Consequently, insulation materials lead to the prevention of humidity, freezing, mold, and deformation occurring in the construction works due to corrosion, thereby safeguarding the building.
The report provides detailed insights into Insulation Materials market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Insulation Materials market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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The steady Insulation Materials market share growth can be attributed to a variety of factors and trends in the global Insulation Materials market currently. Global Insulation Materials market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Insulation Materials market share growth over the forecast period.
Insulation materials in automotive provide a robust heat loss barrier and maintain the optimal temperature to enhance engine performance and decrease carbon-dioxide emissions. The effective thermal insulation of automotive performs a crucial role in optimal thermal management, which is of immense significance in providing better battery backup and longer battery life. Further, it adds to the convenience of passengers.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Insulation Materials market share contribution of these countries. In addition, Insulation Materials market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Insulation Materials Market include are:
- Key participants include Roxul Inc., Huntsman International LLC, Kingspan Group, Owens Corning, BASF, GAF Materials Corporation, Johns Manville, The Dow Chemical Company, Cellofoam North America Inc., and Covestro AG, among others.
Emergen Research has segmented the global insulation materials market on the basis of product type, distribution channel, application, and region:
- Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Glass Wool
- Mineral Wool
- Expanded Polystyrene (EPS)
- Aerogel
- Extruded Polystyrene (XPS)
- CMS Fibers
- Calcium Silicate
- Polyurethane
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Infrastructure
- Industrial
- HVAC
- Transportation
- Appliances
- Furniture/Bedding
- Packaging
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In terms of Insulation Materials market share and revenue contribution to the global Insulation Materials market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Insulation Materials market share.
Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Insulation Materials Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Insulation Materials industry
Asia Pacific market share contribution to the global Insulation Materials market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Insulation Materials market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.
Steady increase in Europe Insulation Materials market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Insulation Materials market going ahead.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Insulation Materials industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Insulation Materials market across different regions?
- Who are the major driving forces expected to decide the fate of the Insulation Materials industry worldwide?
- Who are the prominent market players making a mark in the Insulation Materials market with their winning strategies?
- Which Insulation Materials industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Insulation Materials market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Insulation Materials Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Insulation Materials Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Insulation Materials Market Segmentation & Impact Analysis
4.1. Insulation Materials Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Insulation Materials Market indicators analysis
4.2.2. Insulation Materials Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Insulation Materials Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Insulation Materials products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Insulation Materials Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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