Global Insulation Market Equipment Analysis and Forecast (2021-2027) by Types and Application.

Global Insulation Market was worth US$ 54.5 Bn. in 2020 and total revenue is expected to grow at a rate of 5.25 % CAGR from 2021 to 2027, reaching almost US$ 77.97 Bn. in 2027. Global Insulation Market To know about the Research Methodology :- Request Free Sample Report

Global Insulation Market Overview:

The process of preventing heat, electricity, and sound from entering or exiting a physical place is referred to as insulation. It is accomplished by installing insulating materials that act as an energy flow barrier. Mineral wool, polyethylene, polystyrene, and other insulators have low thermal conductivity and are available in a variety of materials. Spray foams and adhesive strips are used to fill gaps between tiles and windows, as are wood-based goods such as hardboard and wooden doors. Insulating a space helps to reduce energy expenses and moisture condensation while also improving the safety and protection factor for people. 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.

Global Insulation Market Dynamics:

As the world's population grows, so does the demand for power and energy. In 2019, the world population was anticipated to be around 7.7 billion people, with APAC accounting for roughly 60% of the total. Nearly 80% of the world's population lives in developing countries, where demand for residential housing and urban infrastructure is growing. According to the United Nations, the global population will expand to 8.5 billion by 2030 and 9.7 billion by 2050, increasing demand for power, oil, and gas. According to the International Energy Agency, global energy demand increased by 0.9 % in 2019, while electricity demand increased by 1.4 % (IEA). All industries, including power, food and beverage, and petrochemical, are focusing on energy saving. Insulation materials are a basic yet important necessity in any business that deals with heat transfer. The proper application of insulation materials reduces heat loss and, as a result, saves money. The market is being held back by a lack of awareness about the benefits of good insulation. Another element that operates as a market limitation is the growing usage of renewables as a source of electricity generation. During the projected period, infrastructure expansion in economies such as China, India, Brazil, and South Korea is predicted to improve industrial activity and raise insulation material usage. According to MMR, countries including China, the United States, Australia, the United Kingdom, and France spent 5.57 %, 0.52 %, 1.69 %, 0.92 %, and 0.84 % of their GDP on infrastructure construction and maintenance in 2018. Because of the need for separate permissions, regulation citing, and specialized labour, the capital cost of installing insulating materials is relatively high. The effectiveness of an insulating material's heat flow resistance is determined by how and where it is put. To accomplish effective insulation in pipelines, tanks, equipment, and boilers, both knowledge and experience are required.

Global Insulation Market Segment Analysis:

Global Insulation Market is segmented into Type and Applications. Based on Type, the market is sub-segmented into Fiberglass, Plastic Foam, Mineral Wool, and Others. Mineral wool is an insulating substance that is made of inorganic materials. It is made up of around 75% post-industrial recycled materials and is fire-resistant without the use of any additional chemicals. Mineral wool is moisture resistant by nature and keeps its insulating properties even when wet. Mineral wool is also more effective at blocking sound, resulting in the less acoustic invasion of a building's interior. Fiberglass will be in higher demand due to rising building construction, the enhanced requirement for energy efficiency in developed regions; stringent building codes are key factors for growth in the insulation market. Fiberglass will be in higher demand due to rising building construction, the enhanced requirement for energy efficiency in developed regions; stringent building codes are key factors for growth in the insulation market. Based on Application, the market is sub-segmented into Residential Construction, Industrial, HVAC, and OEM and Non-residential Construction. In the power business, industrial insulation is used to wrap boilers, furnaces, chimneys, heat storage tanks, and other equipment. It is an integral aspect of the installation and operation of power plants. It aids the steam-generating boilers in maintaining set temperatures. Mechanical plumbing runs the length of power plants, transporting materials from one location to another. To keep temperatures stable during the electricity generation process, these pipelines must be insulated. Rapid industrialization has resulted in economic growth, which has improved people's quality of life and, as a result, increased demand for energy in emerging economies, increasing the market for electricity.

Global Insulation MarketGlobal Insulation Market Regional Insights:

In 2019, Asia Pacific had the biggest market share of 40.4 %, and it is expected to grow at a CAGR of 6.6 % over the forecast period. The reason for this is expanding oil output in China and India's economies, as well as concerns over huge energy waste, as well as the demand for materials in refurbishment and remodeling. Demand from oil and gas, manufacturing, metal and mining, power, and other industries with high operating temperatures is a big factor in North America. Companies in this region are also working on lowering losses in order to improve their performance by performing routine maintenance inspections. Europe was the second largest region in 2018, with a significant market share, and is expected to grow at a significant CAGR over the forecast period. Furthermore, due to increasing industrialization and the existence of large insulating product producers, the region was an early user of new materials, resulting in substantial product sales. Because of political and economic instability in Brazil, one of the top users of industrial insulation goods, the GDP of Central and South America has grown at a moderate rate. The rise of the downstream petrochemical industry is predicted to stimulate demand for insulating materials throughout the Middle East and Africa. The objective of the report is to present a comprehensive analysis of the global Insulation Market to the stakeholders in the Equipment. The past and current status of the analysis of complicated data in simple language. The report covers all the aspects of the Equipment with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has Been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the Equipment to the decision-makers. The report also helps in understanding the global Insulation Market dynamics, structure by analyzing the market segments and projects the global Insulation Market size. Clear representation of competitive analysis of key players by Power supply, price, and financial position, Power supply portfolio, growth strategies, and Regional presence in the global Insulation Market make the report investor’s guide.

Global Insulation Market Scope: Inquire before buying

Global Insulation MarketGlobal Insulation Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Insulation Market key player

• BASF SE • Bayer AG • Saint-Gobain S.A • Rockwool International • Huntsman Corporation • Atlas Roofing Corporation • Bridgestone • Evonik Industries AG • GAF Materials Corporation • Kingspan Group PLC • The DoW Chemical Company • Ibiden Co. Ltd., • Morgan Thermal Ceramics • Aspen Aerogels • Knauf Insulation • Asahi Kasei Corporation • E. I. du Pont de Nemours. • Owens Corning • Armacell • Certain TeedAiry3D Frequently Asked Questions: 1) What was the market size of Global Insulation Market in 2020? Ans - Global Insulation Market was worth US$ 54.5 Bn in 2020. 2) What is the market segment of Global Insulation Market? Ans -The market segments are based on Type and Application 3) What is forecast period consider for Global Insulation Market? Ans -The forecast period for Global Insulation Market is 2021 to 2027. 4) What is the market size of Global Insulation Market in 2027? Ans – Global Insulation Market is estimated as worth US$ 77.97 Bn in 2027. 5) Which region is dominated in Global Insulation Market? Ans -In 2020, Asia pacific region dominated the Global Insulation Market

Global Insulation Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 1.4. Key Questions Answered 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Global Insulation MarketSize, By Market Value (US$ Mn) and Market , By Region 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.3. Drivers and Restraints Snapshot Analysis 4.3.1. Drivers 4.3.2. Restraints 4.3.3. Opportunities 4.3.4. Porter’s Analysis 4.3.5. Value Chain Analysis 4.3.6. SWOT Analysis 4.3.7. Key Trends in Global Insulation Market 5. Global Insulation Market Analysis and Forecast 5.1. Global Insulation Market Analysis and Forecast 5.2. Global Insulation MarketSize & Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. Latin America 6. Global Insulation Market Analysis and Forecast, By Product Type 6.1. Introduction and Definition 6.2. Key Findings 6.3. Global Insulation MarketValue Share Analysis, By Product Type 6.4. Global Insulation MarketSize (US$ Mn) Forecast, By Product Type 6.5. Global Insulation Market Analysis, By Product Type 6.6. Global Insulation Market Attractiveness Analysis, By Product Type 7. Global Insulation Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Insulation MarketValue Share Analysis, By Application 7.4. Global Insulation MarketSize (US$ Mn) Forecast, By Application 7.5. Global Insulation Market Analysis, By Application 7.6. Global Insulation Market Attractiveness Analysis, By Application 8. Global Insulation Market Analysis, By Region 8.1. Key Findings 8.2. Global Global Insulation MarketValue Share Analysis, By Region 8.3. Global Global Insulation MarketSize (US$ Mn) Forecast, By Region 8.4. Global Insulation Market Analysis, By Region 8.5. Global Insulation Market Attractiveness Analysis, By Region 9. North America Global Insulation Market Analysis 9.1. North America Global Insulation Market Overview 9.2. North America Global Insulation MarketValue Share Analysis, By Product 9.3. North America Global Insulation MarketForecast, By Product 9.3.1. Fiberglass 9.3.2. Plastic Foam 9.3.3. Mineral Wool 9.3.4. Other (Including cotton wool, slag wool, etc.) 9.4. North America Global Insulation MarketValue Share Analysis, By Application Type 9.5. North America Global Insulation MarketForecast, By Application Type 9.5.1. Residential Construction 9.5.2. Industrial, HVAC, and OEM 9.5.3. Non-residential Construction 9.6. North America Global Insulation Market Value Share Analysis, By Country 9.7. North America Global Insulation MarketForecast, By Country 9.7.1.1. U.S. 9.7.1.2. Canada. 9.8. U.S. Global Insulation MarketForecast, By Product Type 9.8.1. Fiberglass 9.8.2. Plastic Foam 9.8.3. Mineral Wool 9.8.4. Other (Including cotton wool, slag wool, etc.) 9.9. U.S. Global Insulation Market Forecast, By Application 9.9.1. Residential Construction 9.9.2. Industrial, HVAC, and OEM 9.9.3. Non-residential Construction 9.10. Canada Global Insulation MarketForecast, By Product Type 9.10.1. Fiberglass 9.10.2. Plastic Foam 9.10.3. Mineral Wool 9.10.4. Other (Including cotton wool, slag wool, etc.) 9.11. Canada Global Insulation Market Forecast, By Application 9.11.1. Residential Construction 9.11.2. Industrial, HVAC, and OEM 9.11.3. Non-residential Construction 9.12. North America Global Insulation Market Attractiveness Analysis 9.12.1. By Product 9.12.2. By Application 9.13. PEST Analysis 10. Europe Global Insulation Market Analysis 10.1. Key Findings 10.2. Europe Global Insulation Market Overview 10.3. Europe Global Insulation MarketValue Share Analysis, By Product Type 10.4. Europe Global Insulation MarketForecast, By Product Type 10.4.1. Fiberglass 10.4.2. Plastic Foam 10.4.3. Mineral Wool 10.4.4. Other (Including cotton wool, slag wool, etc.) 10.5. Europe Global Insulation Market Value Share Analysis, By Application 10.6. Europe Global Insulation MarketForecast, By Application 10.6.1. Residential Construction 10.6.2. Industrial, HVAC, and OEM 10.6.3. Non-residential Construction 10.7. Europe Global Insulation MarketForecast, By Country 10.7.1. Germany 10.7.2. U.K. 10.7.3. France 10.7.4. Italy 10.7.5. Spain 10.7.6. Rest of Europe 10.8. Europe Global Insulation Market Analysis, By Country/ Sub-region 10.9. Germany Global Insulation MarketForecast, By Product Type 10.9.1. Fiberglass 10.9.2. Plastic Foam 10.9.3. Mineral Wool 10.9.4. Other (Including cotton wool, slag wool, etc.) 10.10. Germany Global Insulation Market Forecast, By Application 10.10.1. Residential Construction 10.10.2. Industrial, HVAC, and OEM 10.10.3. Non-residential Construction 10.11. U.K. Global Insulation MarketForecast, By Product Type 10.11.1. Fiberglass 10.11.2. Plastic Foam 10.11.3. Mineral Wool 10.11.4. Other (Including cotton wool, slag wool, etc.) 10.12. U.K. Global Insulation Market Forecast, By Application 10.12.1. Residential Construction 10.12.2. Industrial, HVAC, and OEM 10.12.3. Non-residential Construction 10.13. France Global Insulation MarketForecast, By Product Type 10.13.1. Fiberglass 10.13.2. Plastic Foam 10.13.3. Mineral Wool 10.13.4. Other (Including cotton wool, slag wool, etc.) 10.14. France Global Insulation Market Forecast, By Application 10.14.1. Residential Construction 10.14.2. Industrial, HVAC, and OEM 10.14.3. Non-residential Construction 10.14.4. 10.15. Italy Global Insulation MarketForecast, By Product Type 10.15.1. Fiberglass 10.15.2. Plastic Foam 10.15.3. Mineral Wool 10.15.4. Other (Including cotton wool, slag wool, etc.) 10.16. Italy Global Insulation Market Forecast, By Application 10.16.1. Residential Construction 10.16.2. Industrial, HVAC, and OEM 10.16.3. Non-residential Construction 10.16.4. 10.17. Spain Global Insulation MarketForecast, By Product Type 10.17.1. Fiberglass 10.17.2. Plastic Foam 10.17.3. Mineral Wool 10.17.4. Other (Including cotton wool, slag wool, etc.) 10.18. Spain Global Insulation Market Forecast, By Application 10.18.1. Residential Construction 10.18.2. Industrial, HVAC, and OEM 10.18.3. Non-residential Construction 10.19. Rest of Europe Global Insulation MarketForecast, By Product Type 10.19.1. Fiberglass 10.19.2. Plastic Foam 10.19.3. Mineral Wool 10.19.4. Other (Including cotton wool, slag wool, etc.) 10.20. Rest of Europe Global Insulation Market Forecast, By Application 10.20.1. Residential Construction 10.20.2. Industrial, HVAC, and OEM 10.20.3. Non-residential Construction 10.21. Europe Global Insulation Market Attractiveness Analysis 10.21.1. By Product Type 10.21.2. By Application 10.22. PEST Analysis 11. Asia Pacific Global Insulation Market Analysis 11.1. Key Findings 11.2. Asia Pacific Global Insulation Market Overview 11.3. Asia Pacific Global Insulation MarketValue Share Analysis, By Product Type 11.4. Asia Pacific Global Insulation MarketForecast, By Product Type 11.4.1. Fiberglass 11.4.2. Plastic Foam 11.4.3. Mineral Wool 11.4.4. Other (Including cotton wool, slag wool, etc.) 11.5. Asia Pacific Global Insulation Market Value Share Analysis, By Application 11.6. Asia Pacific Global Insulation MarketForecast, By Application 11.6.1. Residential Construction 11.6.2. Industrial, HVAC, and OEM 11.6.3. Non-residential Construction 11.7. Asia Pacific Global Insulation MarketValue Share Analysis, By Country 11.8. Asia Pacific Global Insulation MarketForecast, By Country 11.8.1. China. 11.8.2. India. 11.8.3. Japan. 11.8.4. ASEAN. 11.8.5. Rest of Asia Pacific. 11.9. Asia Pacific Global Insulation Market Analysis, By Country/ Sub-region 11.10. China Global Insulation MarketForecast, By Product Type 11.10.1. Fiberglass 11.10.2. Plastic Foam 11.10.3. Mineral Wool 11.10.4. Other (Including cotton wool, slag wool, etc.) 12.13. China Global Insulation Market Forecast, By Application 12.13.1. Residential Construction 12.13.2. Industrial, HVAC, and OEM 12.13.3. Non-residential Construction 12.14. India Global Insulation MarketForecast, By Product Type 12.14.1. Fiberglass 12.14.2. Plastic Foam 12.14.3. Mineral Wool 12.14.4. Other (Including cotton wool, slag wool, etc.) 12.15. India Global Insulation Market Forecast, By Application 12.15.1. Residential Construction 12.15.2. Industrial, HVAC, and OEM 12.15.3. Non-residential Construction 12.16. ASEAN Global Insulation MarketForecast, By Product Type 12.16.1. Fiberglass 12.16.2. Plastic Foam 12.16.3. Mineral Wool 12.16.4. Other (Including cotton wool, slag wool, etc.) 12.17. ASEAN Global Insulation Market Forecast, By Application 12.17.1. Residential Construction 12.17.2. Industrial, HVAC, and OEM 12.17.3. Non-residential Construction 12.18. Rest of Asia Pacific Global Insulation MarketForecast, By Product Type 12.18.1. Fiberglass 12.18.2. Plastic Foam 12.18.3. Mineral Wool 12.18.4. Other (Including cotton wool, slag wool, etc. 12.19. Rest of Asia Pacific Global Insulation Market Forecast, By Application 12.19.1. Residential Construction 12.19.2. Industrial, HVAC, and OEM 12.19.3. Non-residential Construction 12.20. Asia Pacific Global Insulation Market Attractiveness Analysis 12.20.1. By Product Type 12.20.2. By Product 12.21. PEST Analysis 13. Middle East & Africa Global Insulation Market Analysis 13.13. Key Findings 13.14. Middle East & Africa Global Insulation Market Overview 13.15. Middle East & Africa Global Insulation MarketValue Share Analysis, By Product Type 13.16. Middle East & Africa Global Insulation MarketForecast, By Product Type 13.16.1. 13.16.2. Fiberglass 13.16.3. Plastic Foam 13.16.4. Mineral Wool 13.16.5. Other (Including cotton wool, slag wool, etc.) 13.17. Middle East & Africa Global Insulation Market Value Share Analysis, By Application 13.18. Middle East & Africa Global Insulation MarketForecast, By Application 13.18.1. Residential Construction 13.18.2. Industrial, HVAC, and OEM 13.18.3. Non-residential Construction 13.19. Middle East & Africa Global Insulation MarketValue Share Analysis, By Country 13.20. Middle East & Africa Global Insulation MarketForecast, By Country 13.20.1. GCC. 13.20.2. South Africa. 13.20.3. Rest of Middle East & Africa. 13.21. Middle East & Africa Global Insulation Market Analysis, By Country/ Sub-region 13.22. GCC Global Insulation MarketForecast, By Product Type 13.22.1. Fiberglass 13.22.2. Plastic Foam 13.22.3. Mineral Wool 13.22.4. Other (Including cotton wool, slag wool, etc.) 13.23. GCC Global Insulation Market Forecast, By Application 13.23.1. Residential Construction 13.23.2. Industrial, HVAC, and OEM 13.23.3. Non-residential Construction 13.24. South Africa Global Insulation MarketForecast, By Product Type 13.24.1. Fiberglass 13.24.2. Plastic Foam 13.24.3. Mineral Wool 13.24.4. Other (Including cotton wool, slag wool, etc.) 13.25. South Africa Global Insulation Market Forecast, By Application 13.25.1. Residential Construction 13.25.2. Industrial, HVAC, and OEM 13.25.3. Non-residential Construction 13.26. Rest of Middle East & Africa Global Insulation MarketForecast, By Product Type 13.26.1. Fiberglass 13.26.2. Plastic Foam 13.26.3. Mineral Wool 13.26.4. Other (Including cotton wool, slag wool, etc.) 13.27. Rest of Middle East & Africa Global Insulation MarketForecast, By Application 13.27.1. Residential Construction 13.27.2. Industrial, HVAC, and OEM 13.27.3. Non-residential Construction 13.28. Middle East & Africa Global Insulation Market Attractiveness Analysis 13.28.1. By Product 13.28.2. By Application 13.29. PEST Analysis 14. Latin America Global Insulation Market Analysis 14.13. Key Findings 14.14. Latin America Global Insulation Market Overview 14.15. Latin America Global Insulation MarketValue Share Analysis, By Product Type 14.16. Latin America Global Insulation MarketForecast, By Product Type 14.16.1. Fiberglass 14.16.2. Plastic Foam 14.16.3. Mineral Wool 14.16.4. Other (Including cotton wool, slag wool, etc.) 14.17. Latin America Global Insulation Market Forecast, By Application 14.17.1. Residential Construction 14.17.2. Industrial, HVAC, and OEM 14.17.3. Non-residential Construction 14.18. Latin America Global Insulation MarketValue Share Analysis, By Country 14.19. Latin America Global Insulation MarketForecast, By Country 14.19.1.1. Brazil. 14.19.1.2. Mexico. 14.19.1.3. Rest of Latin America. 14.20. Latin America Global Insulation Market Analysis, By Country/ Sub-region 14.21. Brazil Global Insulation MarketForecast, By Product Type 14.21.1. Fiberglass 14.21.2. Plastic Foam 14.21.3. Mineral Wool 14.21.4. Other (Including cotton wool, slag wool, etc.) 14.22. Brazil Global Insulation Market Forecast, By Application 14.22.1. Residential Construction 14.22.2. Industrial, HVAC, and OEM 14.22.3. Non-residential Construction 14.23. Mexico Global Insulation MarketForecast, By Product Type 14.23.1. Fiberglass 14.23.2. Plastic Foam 14.23.3. Mineral Wool 14.23.4. Other (Including cotton wool, slag wool, etc.) 14.24. Mexico Global Insulation Market Forecast, By Application 14.24.1. Residential Construction 14.24.2. Industrial, HVAC, and OEM 14.24.3. Non-residential Construction 14.25. Rest of Latin America Global Insulation MarketForecast, By Product Type 14.25.1. Fiberglass 14.25.2. Plastic Foam 14.25.3. Mineral Wool 14.25.4. Other (Including cotton wool, slag wool, etc.) 14.26. Rest of Latin America Global Insulation Market Forecast, By Application 14.26.1. Residential Construction 14.26.2. Industrial, HVAC, and OEM 14.26.3. Non-residential Construction 14.27. Latin America Global Insulation Market Attractiveness Analysis 14.27.1. By Product Type 14.27.2. By Application 14.28. PEST Analysis 15. Company Profiles 15.1. Market Share Analysis, By Company 15.2. Competition Matrix 15.3. Company Profiles: Key Player 15.3.1. BASF SE 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. BASF SE 15.3.3. Bayer AG 15.3.4. Saint-Gobain S.A 15.3.5. Rockwool International 15.3.6. Huntsman Corporation 15.3.7. Atlas Roofing Corporation 15.3.8. Bridgestone 15.3.9. Evonik Industries AG 15.3.10. GAF Materials Corporation 15.3.11. Kingspan Group PLC 15.3.12. The DoW Chemical Company 15.3.13. Ibiden Co. Ltd., 15.3.14. Morgan Thermal Ceramics 15.3.15. Aspen Aerogels 15.3.16. Knauf Insulation 15.3.17. Asahi Kasei Corporation 15.3.18. E. I. du Pont de Nemours. 15.3.19. Owens Corning 15.3.20. Armacell 15.3.21. Certain Teed 16. Primary Key Insights

About This Report

Report ID 15235
Category Electronics
Published Date July 2019
Updated Date Oct 2021
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