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Global Insulation Market: By Product: Glass Wool, Mineral Wool, EPS, XPS, CMS Fibres, Calcium Silicate, Aerogel, Cellulose, Others; By Application: Infrastructure, Industrial, HVAC and OEM, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Insulation Market Outlook
The global insulation market attained a value of USD 54.5 billion in 2020. The insulation market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 5.25% to reach USD 70.3 billion by 2026.
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The Asia Pacific is the largest regional insulation market, driven by the rising industrialisation, urbanisation, and infrastructural sector in countries like India, China, Malaysia, Indonesia, and the Philippines. The insulation market in the Asia Pacific is also projected to be supported by the rising oil output from India and China. The rising demand for refurbishing and renovation materials is also boosting the growth of the Asia Pacific insulation market. The Asia Pacific is followed by Europe as the second-largest insulation market. The industry in Europe is aided by the presence of major producers in the region.
Global Insulation Market: Properties and Applications
Insulation are materials used to insulate infrastructures like homes, industries, and commercial structures. Based on product types, the insulation market can be divided into:
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- Glass Wool
- Mineral Wool
- EPS
- XPS
- CMS Fibres
- Calcium Silicate
- Aerogel
- Cellulose
- PIR (Polysio)
- Phenolic Foam
- Polyurethane
The insulation market can be broadly categorised based on its applications segments into:
- Infrastructure
- Residential Construction
- Non-residential and Commercial Constructions
- Industrial
- HVAC and OEM
- Transportation
- Automotive
- Marine
- Aerospace
- Appliances
- Furniture
- Packaging
The EMR report looks into the regional insulation markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Global Insulation Market Analysis
The insulation market is being aided by the rising demand for consumers for energy conservation. The growing demand for residential and industrial insulation is projected to support the growth of the industry further. With the increasing demand from residential and industrial sectors, the infrastructure sector is expected to dominate the application segment of the industry. EPA is projected to be the largest product type in the insulation market. The EPA segment is expected to be driven by the product’s favourable properties like its lightweight and high-tensile strength.
Global Insulation Market: Competitive Landscape
The report presents a detailed analysis of the following key players in the global insulation market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- GAF
- Huntsman International LLC
- Johns Manville
- Cellofoam North America, Inc.
- ROCKWOOL International A/S
- DuPont de Nemours, Inc.
- Owens Corning
- Others
The EMR report gives an in-depth insight into the insulation market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region |
| Breakup by Product | Glass Wool, Mineral Wool, EPS, XPS, CMS Fibres, Calcium Silicate, Aerogel, Cellulose, PIR (Polysio), Phenolic Foam, Polyurethane |
| Breakup by Application | Infrastructure, Industrial, HVAC & OEM, Transportation, Appliances, Furniture, Packaging |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | GAF, Huntsman International LLC, Johns Manville, Cellofoam North America Inc., ROCKWOOL International A/S, DuPont de Nemours, Inc., Owens Corning, Others. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Insulation Market Analysis
8.1 Key Industry Highlights
8.2 Global Insulation Historical Market (2018-2022)
8.3 Global Insulation Market Forecast (2023-2028)
8.4 Global Insulation Market by Product
8.4.1 Glass Wool
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Mineral Wool
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 EPS
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 XPS
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 CMS Fibres
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Calcium Silicate
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Aerogel
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2018-2022)
8.4.7.3 Forecast Trend (2023-2028)
8.4.8 Cellulose
8.4.8.1 Market Share
8.4.8.2 Historical Trend (2018-2022)
8.4.8.3 Forecast Trend (2023-2028)
8.4.9 PIR (Polysio)
8.4.9.1 Market Share
8.4.9.2 Historical Trend (2018-2022)
8.4.9.3 Forecast Trend (2023-2028)
8.4.10 Phenolic Foam
8.4.10.1 Market Share
8.4.10.2 Historical Trend (2018-2022)
8.4.10.3 Forecast Trend (2023-2028)
8.4.11 Polyurethane
8.4.11.1 Market Share
8.4.11.2 Historical Trend (2018-2022)
8.4.11.3 Forecast Trend (2023-2028)
8.5 Global Insulation Market by Application
8.5.1 Infrastructure
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.1.4 Breakup by Type
8.5.1.4.1 Residential Construction
8.5.1.4.2 Non-Residential and Commercial Constructions
8.5.2 Industrial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 HVAC and OEM
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Transportation
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.4.4 Breakup by Type
8.5.4.4.1 Automotive
8.5.4.4.2 Marine
8.5.4.4.3 Aerospace
8.5.5 Appliances
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Furniture
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Packaging
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.6 Global Insulation Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Insulation Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Insulation Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Insulation Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Insulation Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Insulation Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 GAF
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Huntsman International LLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Johns Manville
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Cellofoam North America Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 ROCKWOOL International A/S
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 DuPont de Nemours, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Owens Corning
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Insulation Market: Key Industry Highlights, 2018 and 2028
2. Global Insulation Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Insulation Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Insulation Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Insulation Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Insulation Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Insulation Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Insulation Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Insulation Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Insulation Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Insulation Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Insulation Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Insulation Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Insulation Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Insulation Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Insulation Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Insulation Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Insulation Market Structure
Key Questions Answered in the Report
In 2020, the global insulation market attained a value of nearly USD 54.5 billion.
The market is projected to grow at a CAGR of 5.25% between 2023 and 2028.
The major drivers of the market include the favourable properties of the product like its lightweight and high-tensile strength, rising industrialisation, urbanisation, rising oil output from India and China, and rising demand for refurbishing and renovation materials.
The rising demand for consumers for energy conservation and the growing demand for residential and industrial insulation are the key industry trends propelling the market growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Glass wool, mineral wool, EPS, XPS, CMS fibres, calcium silicate, aerogel, cellulose, PIR (polysio), phenolic foam, and polyurethane, are the major products in the market.
On the basis of application, the market is categorised into infrastructure, industrial, HVAC and OEM, transportation, appliances, furniture, and packaging.
The major players in the industry are GAF, Huntsman International LLC, Johns Manville, Cellofoam North America Inc., ROCKWOOL International A/S, DuPont de Nemours, Inc., and Owens Corning, among others.
Analyst Review
The global insulation market attained a value of nearly USD 54.5 billion in 2020, driven by the rising demand for consumers for energy conservation. Aided by rising industrialisation and rising oil output from India and China, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 5.25%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market, on the basis of product, is divided into glass wool, mineral wool, EPS, XPS, CMS fibres, calcium silicate, aerogel, cellulose, PIR (polysio), phenolic foam, and polyurethane. On the basis of application, the market is categorised into infrastructure, industrial, HVAC and OEM, transportation, appliances, furniture, and packaging. The major regional markets for insulation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are GAF, Huntsman International LLC, Johns Manville, Cellofoam North America Inc., ROCKWOOL International A/S, DuPont de Nemours, Inc., and Owens Corning, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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