Global Industrial Insulation Market – Global Industry Analysis and Forecast (2019-2026) – By Product, Application, and Region.

Global Industrial Insulation Market was valued at US$ 11.58 Bn in 2019 and is expected to reach US$ 19.58 Bn by 2026, at a CAGR of 6.78% during a forecast period. The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
To know about the Research Methodology:-Request Free Sample Report Insulation is a layer or coating of resistant material, which serves as a barrier to the targeted energy. Various industries use various products of insulation for the purpose of energy conservation and improve the efficiency of machines, systems, equipment, and components. Industrial insulation fulfills the purpose of protection and avoids energy loss from the body which applied onto. Industrial insulation materials are generally non-conducting materials, which act as a barrier to the flow of heat, sound, moisture, and others. During such processes, industrial material transferring through pipes, and vessels, boilers, storage tanks, and others. These types of equipment are being insulated with insulation wraps/sheets, coatings, and adhesive & sealants material to reduce the energy consumption as well as to maintain the nature of the material. Insulation increases the efficiency of production processes thereby reducing energy consumption. Similarly, regulatory presence in various regions to minimize energy consumption has set the enhanced consumption of industrial insulation material. The factor further expected to drive the growth of this market due to the increasing focus of regional government to reduce energy consumption. The most common application of industrial insulation is to make the system thermal resistant and leakproof. Single or multiple layers of a thermal insulator are applied to the fluid conduction pipes or on the boiler surface. Also, different Products of industrial insulators are present in the global market, which can be in the form of flexible sheets and pre-formed shaped, flexible blankets, rigid boards, blocks, sheets, and pre-formed shapes, foams, liquids (spray, paints), etc. Based on the product, the wrap/sheets segment is expected to contribute a major revenue share to the global market and is expected to maintain its dominance over the forecast period. On the other hand, the high cost of industrial insulation in specific applications, such as industrial piping, is expected to limit the industrial insulation demand. In terms of application, the chemical processes segment accounts for the highest share in terms of revenue in the global market. Chemical processes accounted for over 25% share of the global market and are projected to grow at the highest CAGR. The chemical process has been sub-segmented with the emergence of ethylene crackers as the leader, which accounted for USD 256.6 Mn in 2017. Followed by chemical processes, the power generation segment is expected to attain promising growth over the assessment period 2017-2026. As of 2017, North America was the most promising regional level industrial insulation market across the globe and the U.S. was the major contributor to this growth. Additionally, the U.S. has generated the largest revenue of US$ 789 Mn. China and India are collectively driving the growth of the Asia Pacific market and accounted for over 50% share of the regional market in 2017. As per our analysis, a large number of industries are present in China, and it is expected to be the most promising country-level market over the review period, 2018-2026. The report covers a global and regional level estimation and analysis for the industrial insulation market. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges key issues SWOT analysis, and technology forecasting is also illustrated in the report. The Industrial Insulation market report covers an in-depth study of the global and regional market and market attractiveness analysis, wherein the application, product, and regional segments are benchmarked based on their growth rate, general attractiveness, and market size. The key market players operating in the global industrial insulation market are Asahi Kasei Corporation, Kingspan Group Plc, Johns Manville, Covestro AG, The Dow Chemicals Company, Armacell, Insulcon Group, Isolatek International, BASF SE, Owens Corning, Saint-Gobain S.A., and Saint-Gobain S.A.

Scope of the Global Industrial Insulation Market: Inquire before buying

Global Industrial Insulation Market, by Product:

• Wraps/Sheets • Coatings • Adhesive & Sealants

Global Industrial Insulation Market, by Application:

• Chemical Processes • LNG • Power Generation • Heat Exchangers • Storage Tanks • Boilers • Hot & Cold Process Equipment • Others

Global Industrial Insulation Market, by Region:

• North America • Europe • Middle East & Africa • Asia-Pacific • Latin America

Key Players Operating in the Global Industrial Insulation Market:

• Asahi Kasei Corporation • Kingspan Group Plc • Johns Manville • Covestro AG • The Dow Chemicals Company • Armacell • Insulcon Group • Isolatek International • Knauf Insulation Sprl (Knauf Group) • Pacor, Inc. • Refractory Specialties Incorporated • Rockwool International A/S • BASF SE • Owens Corning • Saint-Gobain S.A.

Global Industrial Insulation Market

1. Preface 1.1. Research Objectives 1.2. Report Scope and Market Segmentation 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Industrial Insulation Market Size, by Value and Volume (US$ Bn) 4. Market Dynamics 4.1. Introduction 4.2. Drivers 4.3. Restraints 4.4. Opportunities 4.5. Challenges 5. Market Decision Framework 5.1. Porter’s Analysis 5.2. Value Chain Analysis 5.3. SWOT Analysis 5.4. PEST Analysis 6. Global Industrial Insulation Market Analysis and Forecast 6.1. Global Industrial Insulation Market Size& Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Industrial Insulation Market Analysis and Forecast, by Product 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Industrial Insulation Market Value Share Analysis, by Product 7.4. Market Size (US$ Bn) Forecast, by Product 7.5. Global Industrial Insulation Market Analysis, by Product 7.6. Industrial Insulation Market Attractiveness Analysis, by Product 8. Global Industrial Insulation Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Global Industrial Insulation Market Value Share Analysis, by Application 8.3. Market Size (US$ Bn) Forecast, by Application 8.4. Global Industrial Insulation Market Analysis, by Application 8.5. Global Industrial Insulation Market Attractiveness Analysis, by Application 9. Global Industrial Insulation Market Analysis, by Region 9.1. Global Industrial Insulation Market Value Share Analysis, by Region 9.2. Market Size (US$ Bn) Forecast, by Region 9.3. Global Industrial Insulation Market Attractiveness Analysis, by Region 10. North America Industrial Insulation Market Analysis 10.1. Key Findings 10.2. North America Industrial Insulation Market Overview 10.3. North America Industrial Insulation Market Value Share Analysis, by Product 10.4. North America Industrial Insulation Market Forecast, by Product 10.4.1. Wraps/Sheets 10.4.2. Coatings 10.4.3. Adhesive & Sealants 10.5. North America Industrial Insulation Market Value Share Analysis, by Application 10.6. North America Industrial Insulation Market Forecast, by Application 10.6.1. Chemical Processes 10.6.2. LNG 10.6.3. Power Generation 10.6.4. Heat Exchangers 10.6.5. Storage Tanks 10.6.6. Boilers 10.6.7. Hot & Cold Process Equipment 10.6.8. Others 10.7. North America Industrial Insulation Market Value Share Analysis, by Country 10.8. North America Industrial Insulation Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Industrial Insulation Market Analysis, by Country 10.10. U.S. Industrial Insulation Market Forecast, by Product 10.10.1. Wraps/Sheets 10.10.2. Coatings 10.10.3. Adhesive & Sealants 10.11. U.S. Industrial Insulation Market Forecast, by Application 10.11.1. Chemical Processes 10.11.2. LNG 10.11.3. Power Generation 10.11.4. Heat Exchangers 10.11.5. Storage Tanks 10.11.6. Boilers 10.11.7. Hot & Cold Process Equipment 10.11.8. Others 10.12. Canada Industrial Insulation Market Forecast, by Product 10.12.1. Wraps/Sheets 10.12.2. Coatings 10.12.3. Adhesive & Sealants 10.13. Canada Industrial Insulation Market Forecast, by Application 10.13.1. Chemical Processes 10.13.2. LNG 10.13.3. Power Generation 10.13.4. Heat Exchangers 10.13.5. Storage Tanks 10.13.6. Boilers 10.13.7. Hot & Cold Process Equipment 10.13.8. Others 10.14. North America Industrial Insulation Market Attractiveness Analysis 10.14.1. By Product 10.14.2. By Application 10.15. Key Trends 10.16. Key Developments 11. Europe Industrial Insulation Market Analysis 11.1. Key Findings 11.2. Europe Industrial Insulation Market Overview 11.3. Europe Industrial Insulation Market Value Share Analysis, by Product 11.4. Europe Industrial Insulation Market Forecast, by Product 11.4.1. Wraps/Sheets 11.4.2. Coatings 11.4.3. Adhesive & Sealants 11.5. Europe Industrial Insulation Market Value Share Analysis, by Application 11.6. Europe Industrial Insulation Market Forecast, by Application 11.6.1. Chemical Processes 11.6.2. LNG 11.6.3. Power Generation 11.6.4. Heat Exchangers 11.6.5. Storage Tanks 11.6.6. Boilers 11.6.7. Hot & Cold Process Equipment 11.6.8. Others 11.7. Europe Industrial Insulation Market Value Share Analysis, by Country 11.8. Europe Industrial Insulation Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Industrial Insulation Market Analysis, by Country/ Sub-region 11.10. Germany Industrial Insulation Market Forecast, by Product 11.10.1. Wraps/Sheets 11.10.2. Coatings 11.10.3. Adhesive & Sealants 11.11. Germany Industrial Insulation Market Forecast, by Application 11.11.1. Chemical Processes 11.11.2. LNG 11.11.3. Power Generation 11.11.4. Heat Exchangers 11.11.5. Storage Tanks 11.11.6. Boilers 11.11.7. Hot & Cold Process Equipment 11.11.8. Others 11.12. U.K. Industrial Insulation Market Forecast, by Product 11.12.1. Wraps/Sheets 11.12.2. Coatings 11.12.3. Adhesive & Sealants 11.13. U.K. Industrial Insulation Market Forecast, by Application 11.13.1. Chemical Processes 11.13.2. LNG 11.13.3. Power Generation 11.13.4. Heat Exchangers 11.13.5. Storage Tanks 11.13.6. Boilers 11.13.7. Hot & Cold Process Equipment 11.13.8. Others 11.14. France Industrial Insulation Market Forecast, by Product 11.14.1. Wraps/Sheets 11.14.2. Coatings 11.14.3. Adhesive & Sealants 11.15. France Industrial Insulation Market Forecast, by Application 11.15.1. Chemical Processes 11.15.2. LNG 11.15.3. Power Generation 11.15.4. Heat Exchangers 11.15.5. Storage Tanks 11.15.6. Boilers 11.15.7. Hot & Cold Process Equipment 11.15.8. Others 11.16. Italy Industrial Insulation Market Forecast, by Product 11.16.1. Wraps/Sheets 11.16.2. Coatings 11.16.3. Adhesive & Sealants 11.17. Italy Industrial Insulation Market Forecast, by Application 11.17.1. Chemical Processes 11.17.2. LNG 11.17.3. Power Generation 11.17.4. Heat Exchangers 11.17.5. Storage Tanks 11.17.6. Boilers 11.17.7. Hot & Cold Process Equipment 11.17.8. Others 11.18. Spain Industrial Insulation Market Forecast, by Product 11.18.1. Wraps/Sheets 11.18.2. Coatings 11.18.3. Adhesive & Sealants 11.19. Spain Industrial Insulation Market Forecast, by Application 11.19.1. Chemical Processes 11.19.2. LNG 11.19.3. Power Generation 11.19.4. Heat Exchangers 11.19.5. Storage Tanks 11.19.6. Boilers 11.19.7. Hot & Cold Process Equipment 11.19.8. Others 11.20. Rest of Europe Industrial Insulation Market Forecast, by Product 11.20.1. Wraps/Sheets 11.20.2. Coatings 11.20.3. Adhesive & Sealants 11.21. Rest of Europe Industrial Insulation Market Forecast, by Application 11.21.1. Chemical Processes 11.21.2. LNG 11.21.3. Power Generation 11.21.4. Heat Exchangers 11.21.5. Storage Tanks 11.21.6. Boilers 11.21.7. Hot & Cold Process Equipment 11.21.8. Others 11.22. Europe Industrial Insulation Market Attractiveness Analysis 11.22.1. By Product 11.22.2. By Application 11.23. Key Trends 11.24. Key Developments 12. Asia Pacific Industrial Insulation Market Analysis 12.1. Key Findings 12.2. Asia Pacific Industrial Insulation Market Overview 12.3. Asia Pacific Industrial Insulation Market Value Share Analysis, by Product 12.4. Asia Pacific Industrial Insulation Market Forecast, by Product 12.4.1. Wraps/Sheets 12.4.2. Coatings 12.4.3. Adhesive & Sealants 12.5. Asia Pacific Industrial Insulation Market Value Share Analysis, by Application 12.6. Asia Pacific Industrial Insulation Market Forecast, by Application 12.6.1. Chemical Processes 12.6.2. LNG 12.6.3. Power Generation 12.6.4. Heat Exchangers 12.6.5. Storage Tanks 12.6.6. Boilers 12.6.7. Hot & Cold Process Equipment 12.6.8. Others 12.7. Asia Pacific Industrial Insulation Market Value Share Analysis, by Country 12.8. Asia Pacific Industrial Insulation Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Industrial Insulation Market Analysis, by Country/ Sub-region 12.10. China Industrial Insulation Market Forecast, by Product 12.10.1. Wraps/Sheets 12.10.2. Coatings 12.10.3. Adhesive & Sealants 12.11. China Industrial Insulation Market Forecast, by Application 12.11.1. Chemical Processes 12.11.2. LNG 12.11.3. Power Generation 12.11.4. Heat Exchangers 12.11.5. Storage Tanks 12.11.6. Boilers 12.11.7. Hot & Cold Process Equipment 12.11.8. Others 12.12. India Industrial Insulation Market Forecast, by Product 12.12.1. Wraps/Sheets 12.12.2. Coatings 12.12.3. Adhesive & Sealants 12.13. India Industrial Insulation Market Forecast, by Application 12.13.1. Chemical Processes 12.13.2. LNG 12.13.3. Power Generation 12.13.4. Heat Exchangers 12.13.5. Storage Tanks 12.13.6. Boilers 12.13.7. Hot & Cold Process Equipment 12.13.8. Others 12.14. Japan Industrial Insulation Market Forecast, by Product 12.14.1. Wraps/Sheets 12.14.2. Coatings 12.14.3. Adhesive & Sealants 12.15. Japan Industrial Insulation Market Forecast, by Application 12.15.1. Chemical Processes 12.15.2. LNG 12.15.3. Power Generation 12.15.4. Heat Exchangers 12.15.5. Storage Tanks 12.15.6. Boilers 12.15.7. Hot & Cold Process Equipment 12.15.8. Others 12.16. ASEAN Industrial Insulation Market Forecast, by Product 12.16.1. Wraps/Sheets 12.16.2. Coatings 12.16.3. Adhesive & Sealants 12.17. ASEAN Industrial Insulation Market Forecast, by Application 12.17.1. Chemical Processes 12.17.2. LNG 12.17.3. Power Generation 12.17.4. Heat Exchangers 12.17.5. Storage Tanks 12.17.6. Boilers 12.17.7. Hot & Cold Process Equipment 12.17.8. Others 12.18. Rest of Asia Pacific Industrial Insulation Market Forecast, by Product 12.18.1. Wraps/Sheets 12.18.2. Coatings 12.18.3. Adhesive & Sealants 12.19. Rest of Asia Pacific Industrial Insulation Market Forecast, by Application 12.19.1. Chemical Processes 12.19.2. LNG 12.19.3. Power Generation 12.19.4. Heat Exchangers 12.19.5. Storage Tanks 12.19.6. Boilers 12.19.7. Hot & Cold Process Equipment 12.19.8. Others 12.20. Asia Pacific Industrial Insulation Market Attractiveness Analysis 12.20.1. By Product 12.20.2. By Application 12.21. Key Trends 12.22. Key Developments 13. Middle East & Africa Industrial Insulation Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Industrial Insulation Market Overview 13.3. Middle East & Africa Industrial Insulation Market Value Share Analysis, by Product 13.4. Middle East & Africa Industrial Insulation Market Forecast, by Product 13.4.1. Wraps/Sheets 13.4.2. Coatings 13.4.3. Adhesive & Sealants 13.5. Middle East & Africa Industrial Insulation Market Value Share Analysis, by Application 13.6. Middle East & Africa Industrial Insulation Market Forecast, by Application 13.6.1. Chemical Processes 13.6.2. LNG 13.6.3. Power Generation 13.6.4. Heat Exchangers 13.6.5. Storage Tanks 13.6.6. Boilers 13.6.7. Hot & Cold Process Equipment 13.6.8. Others 13.7. Middle East & Africa Industrial Insulation Market Value Share Analysis, by Country 13.8. Middle East & Africa Industrial Insulation Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Industrial Insulation Market Analysis, by Country/ Sub-region 13.10. GCC Industrial Insulation Market Forecast, by Product 13.10.1. Wraps/Sheets 13.10.2. Coatings 13.10.3. Adhesive & Sealants 13.11. GCC Industrial Insulation Market Forecast, by Application 13.11.1. Chemical Processes 13.11.2. LNG 13.11.3. Power Generation 13.11.4. Heat Exchangers 13.11.5. Storage Tanks 13.11.6. Boilers 13.11.7. Hot & Cold Process Equipment 13.11.8. Others 13.12. South Africa Industrial Insulation Market Forecast, by Product 13.12.1. Wraps/Sheets 13.12.2. Coatings 13.12.3. Adhesive & Sealants 13.13. South Africa Industrial Insulation Market Forecast, by Application 13.13.1. Chemical Processes 13.13.2. LNG 13.13.3. Power Generation 13.13.4. Heat Exchangers 13.13.5. Storage Tanks 13.13.6. Boilers 13.13.7. Hot & Cold Process Equipment 13.13.8. Others 13.14. Rest of Middle East & Africa Industrial Insulation Market Forecast, by Product 13.14.1. Wraps/Sheets 13.14.2. Coatings 13.14.3. Adhesive & Sealants 13.15. Rest of Middle East & Africa Industrial Insulation Market Forecast, by Application 13.15.1. Chemical Processes 13.15.2. LNG 13.15.3. Power Generation 13.15.4. Heat Exchangers 13.15.5. Storage Tanks 13.15.6. Boilers 13.15.7. Hot & Cold Process Equipment 13.15.8. Others 13.16. Middle East & Africa Industrial Insulation Market Attractiveness Analysis 13.16.1. By Product 13.16.2. By Application 13.17. Key Trends 13.18. Key Developments 14. South America Industrial Insulation Market Analysis 14.1. Key Findings 14.2. South America Industrial Insulation Market Overview 14.3. South America Industrial Insulation Market Value Share Analysis, by Product 14.4. South America Industrial Insulation Market Forecast, by Product 14.4.1. Wraps/Sheets 14.4.2. Coatings 14.4.3. Adhesive & Sealants 14.5. South America Industrial Insulation Market Value Share Analysis, by Application 14.6. South America Industrial Insulation Market Forecast, by Application 14.6.1. Chemical Processes 14.6.2. LNG 14.6.3. Power Generation 14.6.4. Heat Exchangers 14.6.5. Storage Tanks 14.6.6. Boilers 14.6.7. Hot & Cold Process Equipment 14.6.8. Others 14.7. South America Industrial Insulation Market Value Share Analysis, by Country 14.8. South America Industrial Insulation Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Industrial Insulation Market Analysis, by Country/ Sub-region 14.10. Brazil Industrial Insulation Market Forecast, by Product 14.10.1. Wraps/Sheets 14.10.2. Coatings 14.10.3. Adhesive & Sealants 14.11. Brazil Industrial Insulation Market Forecast, by Application 14.11.1. Chemical Processes 14.11.2. LNG 14.11.3. Power Generation 14.11.4. Heat Exchangers 14.11.5. Storage Tanks 14.11.6. Boilers 14.11.7. Hot & Cold Process Equipment 14.11.8. Others 14.12. Mexico Industrial Insulation Market Forecast, by Product 14.12.1. Wraps/Sheets 14.12.2. Coatings 14.12.3. Adhesive & Sealants 14.13. Mexico Industrial Insulation Market Forecast, by Application 14.13.1. Chemical Processes 14.13.2. LNG 14.13.3. Power Generation 14.13.4. Heat Exchangers 14.13.5. Storage Tanks 14.13.6. Boilers 14.13.7. Hot & Cold Process Equipment 14.13.8. Others 14.14. Rest of South America Industrial Insulation Market Forecast, by Product 14.14.1. Wraps/Sheets 14.14.2. Coatings 14.14.3. Adhesive & Sealants 14.15. Rest of South America Industrial Insulation Market Forecast, by Application 14.15.1. Chemical Processes 14.15.2. LNG 14.15.3. Power Generation 14.15.4. Heat Exchangers 14.15.5. Storage Tanks 14.15.6. Boilers 14.15.7. Hot & Cold Process Equipment 14.15.8. Others 14.16. South America Industrial Insulation Market Attractiveness Analysis 14.16.1. By Product 14.16.2. By Application 14.17. Key Trends 14.18. Key Developments 15. Competitive Landscape 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. Market Consolidation 15.2.2.1. M&A By Regions, Investment, Applications 15.2.2.2. M&A Key Players, Forward Integration, Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Asahi Kasei Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Business Strategy 15.3.1.4. Recent Developments 15.3.1.5. Manufacturing Footprint 15.3.2. Kingspan Group Plc 15.3.3. Johns Manville 15.3.4. Covestro AG 15.3.5. The Dow Chemicals Company 15.3.6. Armacell 15.3.7. Insulcon Group 15.3.8. Isolatek International 15.3.9. BASF SE 15.3.10. Owens Corning 15.3.11. Saint-Gobain S.A. 16. Primary Key Insights

About This Report

Report ID23315
Category Material & Chemical
Published DateJan 2019
Updated DateSep 2020
Contact Us