Insulation Products Global Market Report 2024

Description

“Insulation Products Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on insulation products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for insulation products? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The insulation products market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Insulation Type: Thermal; Acoustic; Other Insulation Types
2) By Material Type: Mineral Wool; Fiberglass; Stone Wool; Polyurethane Foam; Flexible Elastomeric Foam; Other Materials
3) By Distribution Type: Online; Offline
4) By End-User: Building And Construction; Industrial; Transportation; Consumer; Other End Users
Companies Mentioned: Saint-Gobain S.A; Rockwool International A/S; Huntsman Corporation; Atlas Roofing Corporation; GAF Materials Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Insulation products are substances designed to provide thermal insulation or diminish heat transfer between objects. Enhancing the thermal performance of a building envelope, insulation reduces heat gain in warm weather and heat loss in cold weather, thereby decreasing the dependence on cooling and heating systems.

The principal types of insulation encompass thermal, acoustic, and other varieties. Materials utilized include mineral wool, fiberglass, stone wool, polyurethane foam, flexible elastomeric foam, and other substances. These materials are distributed through both offline and online channels, catering to diverse end-users such as building and construction, industrial, transportation, consumer, and others.

The insulation products market research report is one of a series of new reports from The Business Research Company that provides insulation products optical components market statistics, including insulation products optical components industry global market size, regional shares, competitors with a insulation products optical components market share, detailed insulation products optical components market segments, market trends and opportunities, and any further data you may need to thrive in the insulation products optical components industry. This insulation products optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The insulation products market size has grown strongly in recent years. It will grow from $65.02 billion in 2023 to $69.25 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The expansion observed in the historical period can be ascribed to energy efficiency regulations, a surge in construction activities, heightened awareness of environmental impact, government incentives and rebates, and the influence of climate variability and extreme temperatures.

The insulation products market size is expected to see strong growth in the next few years. It will grow to $87.65 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The anticipated growth in the forecast period can be linked to more stringent energy efficiency standards, the integration of renewable energy, a focus on achieving green building certifications, global urbanization trends, and an increasing emphasis on indoor comfort. Prominent trends expected in the forecast period encompass the utilization of high-performance materials, the adoption of green and sustainable insulation practices, the implementation of smart insulation technologies, a heightened focus on health and indoor air quality, and the digitalization of manufacturing processes.

The expansion of residential buildings is poised to drive the growth of the insulation products market. Residential buildings, designated for housing purposes, are experiencing a surge in demand for insulation products due to the prevailing trend toward energy-efficient construction. In January 2023, the USA witnessed a 12.8% growth in new housing unit construction, with 1,406,000 units compared to January 2022. This substantial increase in residential buildings is expected to be a significant catalyst for the insulation products market.

The upward trajectory of transportation is anticipated to fuel the growth of the insulation products market. Transportation, involving the movement of people, goods, or materials, relies on insulation products to regulate temperature, conserve energy, reduce noise, protect cargo, prevent condensation, and provide lightweight solutions across various modes of transport. As of June 2023, the American Trucking Associations reported that the US trucking industry generated $875.5 billion in annual revenue in 2021, constituting 80.4% of the country's freight bill. This surge in transportation activities is a key driver for the insulation products market.

Technological advancements emerge as a prominent trend gaining momentum in the insulation products market. Companies within the market are adopting new technologies to maintain their competitive positions. For example, in August 2021, Owens Corning, a US-based manufacturer of fiberglass composites, roofing, and insulation, introduced PINK Next Gen fiberglass technology. This innovative technology utilizes a tightly woven network of soft, fine fibers produced through cutting-edge fiber technology, creating a resilient insulating blanket with micro-pockets. The product, compared to other insulation materials and spray foam, enhances safety for installers and residents while allowing for quicker installation.

Innovative product development, particularly in sustainable low-level thermal insulation products, is a strategy adopted by major companies to boost revenues in the insulation products market. Sustainable low-level thermal insulation products aim to provide thermal resistance and energy efficiency while minimizing environmental impact throughout their lifecycle. For instance, in October 2023, Freudenberg, a Germany-based company specializing in thermal insulation products, introduced two environmentally conscious products, DOWN FEEL WA 150LB and FIBERBALL WB 400LB, under its comfortemp brand. These products, made from low-level Bisphenol A (BPA) recycled PET fibers, exemplify the company's dedication to sustainability and innovation, offering eco-friendly alternatives to traditional insulation materials that prioritize both comfort and environmental responsibility.

In March 2023, Installed Building Products Inc., a US-based construction company specializing in insulation and after-paint products for existing homes, residential, and commercial construction, successfully acquired Anchor Insulation Co. Inc. for an undisclosed amount. This strategic move expanded Installed Building Products' presence in the Northeastern United States for residential, commercial, and industrial customers. Anchor Insulation Co. Inc., based in the US, is recognized for its expertise in the installation of mechanical, residential, and industrial insulation.

Major companies operating in the insulation products market report are Saint-Gobain S.A, Rockwool International A/S, Huntsman Corporation, Atlas Roofing Corporation, GAF Materials Corporation, Kingspan Group plc, BASF SE, Owens Corning, Knauf Insulation GmbH, Johns Manville Corporation, Bridgestone Corporation, Covestro AG, Armacell International Holding GmbH, DuPont de Nemours Inc., Cellofoam North America Inc., Recticel NV/SA, Lloyd Insulations (India) Limited, L'ISOLANTE K-FLEX S.p.A., Nichias Corporation, NMC SA, Paroc Group, Pittsburgh Corning Corporation, Polyglass S.p.A., Superglass Insulation Ltd., Superlon Worldwide Sdn Bhd, TechnoNICOL Corporation, Thermafiber Inc., Uralita SA.

Asia-Pacific was the largest region in the insulation products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global insulation products market report during the forecast period. The regions covered in the insulation products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the insulation products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The insulation products market consists of sales of insulation facings, cellulose, polyvinyl chloride, calcium silicate, furniture, aerogel, phenolic foam, perlite, and natural fibers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11831

1. Executive Summary

2. Insulation Products Market Characteristics

3. Insulation Products Market Trends And Strategies

4. Insulation Products Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Insulation Products Market Size and Growth

5.1. Global Insulation Products Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Insulation Products Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Insulation Products Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Insulation Products Market Segmentation

6.1. Global Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Thermal
Acoustic
Other Insulation Types
6.2. Global Insulation Products Market, Segmentation By Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Mineralwool
Fibreglass
Stone Wool
Polyurethane Foam
Flexible Elastomeric Foam
Other Materials
6.3. Global Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Online
Offline
6.4. Global Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Building And Construction
Industrial
Transportation
Consumer
Other End Users

7. Insulation Products Market Regional And Country Analysis

7.1. Global Insulation Products Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Insulation Products Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Insulation Products Market

8.1. Asia-Pacific Insulation Products Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Insulation Products Market

9.1. China Insulation Products Market Overview
9.2. China Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Insulation Products Market

10.1. India Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Insulation Products Market

11.1. Japan Insulation Products Market Overview
11.2. Japan Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Insulation Products Market

12.1. Australia Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Insulation Products Market

13.1. Indonesia Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Insulation Products Market

14.1. South Korea Insulation Products Market Overview
14.2. South Korea Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Insulation Products Market

15.1. Western Europe Insulation Products Market Overview
15.2. Western Europe Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Insulation Products Market

16.1. UK Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Insulation Products Market

17.1. Germany Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Insulation Products Market

18.1. France Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Insulation Products Market

19.1. Italy Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Insulation Products Market

20.1. Spain Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Insulation Products Market

21.1. Eastern Europe Insulation Products Market Overview
21.2. Eastern Europe Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Insulation Products Market

22.1. Russia Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Insulation Products Market

23.1. North America Insulation Products Market Overview
23.2. North America Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Insulation Products Market

24.1. USA Insulation Products Market Overview
24.2. USA Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Insulation Products Market

25.1. Canada Insulation Products Market Overview
25.2. Canada Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Insulation Products Market

26.1. South America Insulation Products Market Overview
26.2. South America Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Insulation Products Market

27.1. Brazil Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Insulation Products Market

28.1. Middle East Insulation Products Market Overview
28.2. Middle East Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Insulation Products Market

29.1. Africa Insulation Products Market Overview
29.2. Africa Insulation Products Market, Segmentation By Insulation Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Insulation Products Market, Segmentation By Distribution Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Insulation Products Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Insulation Products Market Competitive Landscape And Company Profiles

30.1. Insulation Products Market Competitive Landscape
30.2. Insulation Products Market Company Profiles
- 30.2.1. Saint-Gobain S.A
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Rockwool International A/S
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Huntsman Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Atlas Roofing Corporation
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. GAF Materials Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Insulation Products Market Competitive Benchmarking

32. Global Insulation Products Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Insulation Products Market

34. Insulation Products Market Future Outlook and Potential Analysis

34.1 Insulation Products Market In 2028 - Countries Offering Most New Opportunities
34.2 Insulation Products Market In 2028 - Segments Offering Most New Opportunities
34.3 Insulation Products Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer