Building Insulation Materials Market: Current Analysis and Forecast (2021-2027)
$3999 – $7577
Emphasis on Insulation Type (Blanket, Concrete Block Insulation, Rigid Foam, Insulating Concrete Foams, Others); Material Type (Fiberglass, Mineral Wool, Cellulose, Natural Fiber, Polystyrene, Polyurethane, Polyisocyanurate, Others); Application (Wall Insulation, Roof & Ceiling Insulation, Floor Insulation); End-Use (Residential, Non-Residential); and Region/Country
The global Building Insulation Materials market is expected to showcase a growth of ~4% during the forecast period (2021-2027). Between 2020-2030, the global construction market is likely to showcase significant growth rate mainly due to the increasing investment in developing nations. Countries like India is witnessing rapid urbanization coupled with growing population. Therefore, in order to accommodate the growing population both residential and non-residential construction activities are increasing. For instance, according to Oxford Economics, India is expected to witness the highest CAGR of 9.8% in infrastructure construction activities between 2020-2030, followed by Indonesia with a CAGR of 8.2%. The rise in construction activities would increase the demand of insulation materials, as the awareness regarding the benefit of insulating materials is steadily increasing in developing economies. In addition, increasing stringent regulation across the globe to protect the carbon emission is expected to propel the demand of building insulation materials.
Insights Presented in the Report
“Amongst insulation type, blanket category held prominent share in the market in 2020.”
Based on insulation type, the market is categorized into blanket, concrete block insulation, rigid foam, insulating concrete foam, and others. Among these, blanket insulation is among the most common and widely available type of insulation — comes in the form of batts or rolls. It consists of flexible fibers, most commonly fiberglass.
“Amongst material type, plastic foams materials held prominent share in the market in 2020.”
Based on material type, the market is categorized into fiberglass, mineral wool, cellulose, natural fiber, polystyrene, polyurethane, polyisocyanurate, and others. Among these, plastic foams like polystyrene, polyurethane, and polyisocyanurate together accounted for the major share in the market. This can be attributed to its high thermal resistance (R-Value), versatility, strength, and life span.
“North America captured significant position in the Building Insulation Materials market”
For a better understanding of the market adoption of Building Insulation Materials, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America held the significant share in the global building insulation materials market owing to extreme weather conditions, high awareness regarding insulating materials, and high people spending power.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts
- The report presents a quick review of overall industry performance at one glance
- The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
- The study comprehensively covers the market across different segments
- Deep dive country level analysis of the industry
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|1.4.||Currency used in Report|
|2.1.||Research Process of the Building Insulation Materials Market|
|2.2.||Research Methodology of the Building Insulation Materials Market|
|2.5.||Main Objective of the Building Insulation Materials Market Study|
|5||GLOBAL BUILDING INSULATION MATERIALS MARKET COVID-19 IMPACT|
|6||GLOBAL BUILDING INSULATION MATERIALS MARKET REVENUE (USD BN), 2019-2027F|
|7.2.||Concrete Block Insulation|
|7.4.||Insulating Concrete Foams|
|9.2.||Roof & Ceiling Insulation|
|11.1.||North America Building Insulation Materials Market|
|11.1.3.||Rest of North America|
|11.2.||Europe Building Insulation Materials Market|
|11.2.5.||Rest of Europe|
|11.3.||Asia Pacific Building Insulation Materials Market|
|11.3.5.||Rest of Asia Pacific|
|11.4.||Rest of World Building Insulation Materials Market|
|13||BUILDING INSULATION MATERIALS MARKET OPPORTUNITIES|
|14||BUILDING INSULATION MATERIALS MARKET TRENDS|
|15||LEGAL & REGULATORY FRAMEWORK|
|16.1.||Demand Side Analysis|
|16.2.||Supply Side Analysis|
|16.2.1.||Top Product Launches|
|16.2.2.||Top Business Partnerships|
|16.2.3.||Top Business Expansions, Investments and Divestitures|
|16.2.4.||Top Merger and Acquisitions|
|17||VALUE CHAIN ANALYSIS|
|18.1.1.||Porters Fiver Forces Analysis|
|22.214.171.124.||Bargaining Power of Buyer|
|126.96.36.199.||Bargaining Power of Supplier|
|188.8.131.52.||Intensity of Rivalry|
|184.108.40.206.||Threats of New Entrant|
|220.127.116.11.||Threat of Substitute|
|18.1.2.||Company Shares, by Revenue|
|19.1.||Compagnie de Saint-Gobain S.A.|
|19.2.||Rockwool International A/S|
|19.5.||Knauf Gips KG|
|19.6.||Johns Manville Corporation|
|19.8.||The Dow Chemical Company|
|19.9.||Atlas Roofing Corporation|
Analyzing the historical market, estimation of the current market, and forecasting the future market of the Building Insulation Materials three major steps undertaken to create and analyze its adoption across the globe. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Building Insulation Materials industry. Post assumption and validation of market numbers through primary interviews, we employed a bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Building Insulation Materials through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Building Insulation Materials market, we conducted a detailed secondary analysis to gather current market insights and share for different segments & sub-segments for major regions. Major segment included in the report by insulation material, material type, application, and end-use. Further regional and country-level analyses were conducted to evaluate the overall adoption of the Building Insulation Materials globally.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of Building Insulation Materials. Further, we conducted factor analysis using dependent and independent variables such as growing urbanization and increasing investment in construction and infrastructure sectors. A thorough analysis was conducted for demand and supply-side scenario considering increasing investment, top partnerships, merger and acquisition, business expansion, and product launches in the Building Insulation Materials industry.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Building Insulation Materials market, and market shares of each segment. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., bottom-up approach was applied to arrive at the market forecast to 2027 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of value (US$) and the adoption rate of Building Insulation Materials across the major markets
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the Building Insulation Materials market. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global Building Insulation Materials market. Data was split into several segments & sub-segments post studying various parameters and trends in the area of insulation type, material type, application, and end-use.
The main objective of the Building Insulation Materials market study
The current & future market trends of global Building Insulation Materials were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of Building Insulation Materials in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
- Segment in the study include area of insulation type, material type, application, and end-use
- Defined analysis of the regulatory framework for the Building Insulation Materials industry
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
- Analyze the current and forecast market size of the Building Insulation Materials for the major countries
- Major regions/countries analyzed in the report includes North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World
- Company profiles of the Building Insulation Materials market players and the growth strategies adopted by them to sustain in the growing market
- Deep dive country level analysis of the industry