Insulation Market size to grow by USD 23.11 billion from 2022 to 2027, Growing need for energy efficiency in buildings to boost the market growth - Technavio

NEW YORK, May 19, 2023 /PRNewswire/ -- The global insulation market size is estimated to increase by USD 23.11 billion from 2022 to 2027. The market's growth momentum will be progressing at a CAGR of 5.6% during the forecast period. The growing need for energy-efficient buildings is the key factor driving the global insulation market growth. The need to improve the energy efficiency of buildings is a major factor fueling the growth of the market. The energy demands of commercial and residential buildings using refrigerators and air conditioners are major contributors to global energy consumption. Moreover, insulation is used to reduce energy loss and thereby increase building efficiency. Discover some insights on market size historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report

Insulation market – Vendor Analysis
Vendor Landscape - The global insulation market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer insulation in the market are Aeroflex USA Inc., Altana AG, Armacell International SA, BASF SE, Carlisle SynTec Systems, Compagnie de Saint Gobain, Continental AG, Dow Inc., Holcim Ltd., Huntsman International LLC, Kaneka Corp., Recticel NV, Rilmac Group of Companies, ROCKWOOL International AS, Synthos SA, Thermaflex International Holding BV, Xella International GmbH, Kingspan Group Plc, Knauf Digital GmbH, and Owens Corning and others.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• Altana AG - The company offers insulation under the subsidiary Elantas. 
• BASF SE - The company offers insulation products such as ACRODUR 950 L, ACRODUR DS 3515, and ACRONAL 4420. 
• Compagnie de Saint Gobain - The company offers insulation products under the brand British Gypsum. 
• For details on the vendor and their offerings – Request a sample report

Insulation Market - Segmentation Assessment

Segment Overview
This report extensively covers market segmentation by product (wool, plastic foam, and others), end-user (non-residential and residential), and geography (APAC, North America, Europe, Middle East and Africa, and South America). 

• The market share growth by the wool segment will be significant during the forecast period. This is due to its greater demand in the building construction industry. Mineral wool is a fibrous, flexible material made from rock and mineral materials, which include slag and ceramics. This can effectively meet the needs of thermal and sound insulation in many applications. The effective use of rock wool or mineral wool in the walls and ceiling is expected to improve the sound insulation of the room. Hence, it is in great demand in the construction industry.

Geography Overview
By geography, the global insulation market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global insulation market.

• APAC is estimated to account for 46% of the global market growth during the forecast period. The region has the largest contribution to the market and is expected to grow during the forecast period. China is the major producer and consumer of insulation materials. Furthermore, an increasingly responsive customer base leads manufacturing bases to shift from Western Europe and North America to APAC. It is accelerating the growth of the market in the APAC region. Along with all this, growing infrastructure development in the region, paired with the rise of China as a global manufacturing hub drives the consumption of thermal insulation products in the region.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Insulation Market – Market Dynamics

Key Trends - 

• The high demand from developing nations is an emerging trend that will fuel the global insulation market growth.
• The market is expanding rapidly in growing markets including Brazil, China, Russia, Turkey, Indonesia, South Korea, Mexico, and India. Considerations include the availability of land, cheap labor, low transportation costs, and lax government regulations made by automobile manufacturers and manufacturing plants in these countries.
• The Indian market also grows rapidly due to the increasing demand for insulation in the refrigerator and construction sectors.
• Hence, such factors fuel the growth of the insulation market during the forecast period.

Major challenges - 

• The lack of a skilled workforce is a major challenge that can majorly impede the growth of the market. 
• Skilled workers who are familiar with insulation materials and assembly processes are needed but suppliers in the insulation market face a shortage of such technically skilled employees.
• The process of installing insulation in buildings is a technical process, which requires material selection based on factors such as building area, building type, external environment, and type of materials used.
• Hence, such challenges hinder the market growth of insulation during the forecast period.

Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this Insulation Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the insulation market between 2023 and 2027
• Precise estimation of the size of the insulation market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the insulation market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of insulation market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global insulation market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global insulation market 2017 - 2021 ($ billion)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

• 4.3 End-user Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Wool - Market size and forecast 2022-2027
• Exhibit 34: Chart on Wool - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Wool - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Wool - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Wool - Year-over-year growth 2022-2027 (%)

• 6.4 Plastic foam - Market size and forecast 2022-2027
• Exhibit 38: Chart on Plastic foam - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Plastic foam - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Plastic foam - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Plastic foam - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027
• Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ billion)
• Exhibit 47: Data Table on Market opportunity by Product ($ billion)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 50: Chart on Comparison by End-user
• Exhibit 51: Data Table on Comparison by End-user

• 7.3 Non-residential - Market size and forecast 2022-2027
• Exhibit 52: Chart on Non-residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Non-residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Non-residential - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Non-residential - Year-over-year growth 2022-2027 (%)

• 7.4 Residential - Market size and forecast 2022-2027
• Exhibit 56: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 58: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 60: Market opportunity by End-user ($ billion)
• Exhibit 61: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ billion)
• Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Altana AG 
• Exhibit 115: Altana AG - Overview
• Exhibit 116: Altana AG - Business segments
• Exhibit 117: Altana AG - Key news
• Exhibit 118: Altana AG - Key offerings
• Exhibit 119: Altana AG - Segment focus

• 12.4 BASF SE 
• Exhibit 120: BASF SE - Overview
• Exhibit 121: BASF SE - Business segments
• Exhibit 122: BASF SE - Key news
• Exhibit 123: BASF SE - Key offerings
• Exhibit 124: BASF SE - Segment focus

• 12.5 Compagnie de Saint Gobain 
• Exhibit 125: Compagnie de Saint Gobain - Overview
• Exhibit 126: Compagnie de Saint Gobain - Business segments
• Exhibit 127: Compagnie de Saint Gobain - Key news
• Exhibit 128: Compagnie de Saint Gobain - Key offerings
• Exhibit 129: Compagnie de Saint Gobain - Segment focus

• 12.6 Dow Inc. 
• Exhibit 130: Dow Inc. - Overview
• Exhibit 131: Dow Inc. - Business segments
• Exhibit 132: Dow Inc. - Key news
• Exhibit 133: Dow Inc. - Key offerings
• Exhibit 134: Dow Inc. - Segment focus

• 12.7 Holcim Ltd. 
• Exhibit 135: Holcim Ltd. - Overview
• Exhibit 136: Holcim Ltd. - Business segments
• Exhibit 137: Holcim Ltd. - Key offerings
• Exhibit 138: Holcim Ltd. - Segment focus

• 12.8 Huntsman International LLC 
• Exhibit 139: Huntsman International LLC - Overview
• Exhibit 140: Huntsman International LLC - Business segments
• Exhibit 141: Huntsman International LLC - Key news
• Exhibit 142: Huntsman International LLC - Key offerings
• Exhibit 143: Huntsman International LLC - Segment focus

• 12.9 Kaneka Corp. 
• Exhibit 144: Kaneka Corp. - Overview
• Exhibit 145: Kaneka Corp. - Business segments
• Exhibit 146: Kaneka Corp. - Key offerings
• Exhibit 147: Kaneka Corp. - Segment focus

• 12.10 Kingspan Group Plc 
• Exhibit 148: Kingspan Group Plc - Overview
• Exhibit 149: Kingspan Group Plc - Business segments
• Exhibit 150: Kingspan Group Plc - Key news
• Exhibit 151: Kingspan Group Plc - Key offerings
• Exhibit 152: Kingspan Group Plc - Segment focus

• 12.11 Knauf Digital GmbH 
• Exhibit 153: Knauf Digital GmbH - Overview
• Exhibit 154: Knauf Digital GmbH - Product / Service
• Exhibit 155: Knauf Digital GmbH - Key offerings

• 12.12 Owens Corning 
• Exhibit 156: Owens Corning - Overview
• Exhibit 157: Owens Corning - Business segments
• Exhibit 158: Owens Corning - Key news
• Exhibit 159: Owens Corning - Key offerings
• Exhibit 160: Owens Corning - Segment focus

• 12.13 Recticel NV 
• Exhibit 161: Recticel NV - Overview
• Exhibit 162: Recticel NV - Business segments
• Exhibit 163: Recticel NV - Key offerings
• Exhibit 164: Recticel NV - Segment focus

• 12.14 ROCKWOOL International AS 
• Exhibit 165: ROCKWOOL International AS - Overview
• Exhibit 166: ROCKWOOL International AS - Business segments
• Exhibit 167: ROCKWOOL International AS - Key offerings
• Exhibit 168: ROCKWOOL International AS - Segment focus

• 12.15 Synthos SA 
• Exhibit 169: Synthos SA - Overview
• Exhibit 170: Synthos SA - Product / Service
• Exhibit 171: Synthos SA - Key offerings

• 12.16 Thermaflex International Holding BV
• Exhibit 172: Thermaflex International Holding BV - Overview
• Exhibit 173: Thermaflex International Holding BV - Product / Service
• Exhibit 174: Thermaflex International Holding BV - Key offerings

• 12.17 Xella International GmbH 
• Exhibit 175: Xella International GmbH - Overview
• Exhibit 176: Xella International GmbH - Product / Service
• Exhibit 177: Xella International GmbH - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 178: Inclusions checklist
• Exhibit 179: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 180: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 181: Research methodology
• Exhibit 182: Validation techniques employed for market sizing
• Exhibit 183: Information sources

• 13.5 List of abbreviations 
• Exhibit 184: List of abbreviations 

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