1. Market Research
  2. > Chemical
  3. > Petrochemical Market Trends

Analysis of the Global Thermal Insulation Market

  • May 2015
  • 231 pages
  • Frost & Sullivan
Report ID: 2988997

Summary

Table of Contents

Rising Energy Prices Coupled with Dynamic Building Energy Codes and Directives to Drive Growth

The study presents an assessment of the current status and future prospects of the global thermal insulation market. It takes into account the revenues generated from the global thermal insulation material sales from 2011 to 2021. Revenue is recorded at the manufacturer level. The study covers 6 main types of insulation materials - PUR, PIR, EPS, XPS, stone wool, and glass wool. The end user scope includes residential buildings (single-family housing, multi-family housing, and high-rise) and non-residential buildings (commercial buildings, institutional buildings, and industrial buildings). HVAC systems and technical insulation are not considered within scope. The base year is 2014, with forecasts up to 2021.The study presents an assessment of the current status and future prospects of the global thermal insulation market. It takes into account the revenues generated from the global thermal insulation material sales from 2011 to 2021. Revenue is recorded at the manufacturer level. The study covers 6 main types of insulation materials - PUR, PIR, EPS, XPS, stone wool, and glass wool. The end user scope includes residential buildings (single-family housing, multi-family housing, and high-rise) and non-residential buildings (commercial buildings, institutional buildings, and industrial buildings). HVAC systems and technical insulation are not considered within scope. The base year is 2014, with forecasts up to 2021.

Key Findings

-The thermal insulation market is at the forefront in terms of product development and technological advancements. The market is primarily focused on improving fire retardance properties and recyclable attributes of thermal insulation products. Furthermore, there is an increasing demand for easy-to-install materials as the DIY market is gaining prominence which is driving the loose-fill and spray foam products.
-Growing energy prices and electricity bills have been a major reason for concern in the residential sector, prompting home owners to either insulate their new homes or upgrade their existing insulation system. Accordingly, builders and contractors focus more on insulating the roof as % of the total energy is lost through it in a conventional house. This is expected to be a major driver for the insulation market.
-The growth of most widely used insulation materials such as glass wool and expanded polystyrene (EPS) is expected to slow down due to market saturation in regions such as Europe and North America. Furthermore, the demand for insulation materials which offer higher R-values and superior fire resistance to meet the codal requirements is expected to bring down the demand of the aforementioned materials and make way for premium products such as polyisocyanurate (PIR) and extruded polystyrene (XPS).
-Dynamics in the thermal insulation market focus around new construction and refurbishment opportunities in both residential and non-residential sectors which differ across regions. For instance, the market is heavily inclined towards refurbishment projects in Europe due to the lack of new construction; while in the Asia-Pacific (APAC), the market is driven by the non-residential sector.
-APAC will continue to lead the market in terms of volume and growth potential in correlation to the faster growing application segments. The rest of the world (ROW) region is expected to be the second-fastest growing market, with Russia and Turkey emerging as the market hotspots for thermal insulation manufacturers. North America and Europe are expected to witness moderate growth due to the resurgence in construction activities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Extruded Polystyrene Insulation Materials Market by Application - Global Opportunity Analysis and Industry Forecast, 2015-2023

  • $ 3840
  • Industry report
  • March 2017
  • by Allied Market Research

The global extruded polystyrene insulation materials market was valued at $2,418 million in 2016, and is expected to reach $3,827 million by 2023, registering a CAGR of 6.5% from 2017 to 2023. Extruded ...

Asia-Pacific Insulation Materials Market by Type, Application, and Country: Asia-Pacific Opportunity Analysis and Industry Forecast, 2015-2023

  • $ 3390
  • Industry report
  • May 2017
  • by Allied Market Research

The Asia-Pacific insulation materials market is expected to reach $50,035 million by 2023, growing at a CAGR of 7.4% from 2017 to 2022. Insulation materials are materials used to insulate something o ...

Polyurethanes: New Technologies and Applications Drive Global Market Growth

  • $ 6650
  • Industry report
  • June 2017
  • by BCC Research

- The global polyurethane market should reach $68 billion by 2021 from $49.8 billion in 2016 at a compound annual growth rate (CAGR) of 6.4%, from 2016 to 2021. - Furniture and bedding is the largest ...


Download Unlimited Documents from Trusted Public Sources

The future of the Petrochemical Industry in the US

  • May 2017
    28 pages
  • Petrochemical  

    Chemical  

    Plastic  

  • United States  

View report >

Global Petrochemical Industry

  • May 2017
    49 pages
  • Acrylonitrile  

  • United States  

    World  

    China  

View report >

Global Petrochemical Industry

  • May 2017
    27 pages
  • Olefins  

    Benzene  

    Propylene  

  • United States  

    World  

    China  

View report >

Petrochemical Industry

3 months ago

Related Market Segments :

Insulation

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.