Thermal Insulation Material Market by Material Type (Fiberglass,Stone Wool,Foam,Wood Fiber), Temperature range (0-100?, 100-500?, 500? and above), End use industry (Construction,Automotive,HVAC,Industrial), and Region - Global Forecast to 2028
The thermal insulation material market is projected to reach USD 96.0 billion in 2028 at a CAGR of 6.0% during the forecast period. The government initiatives to promote the construction of green buildings are rising globally due to the pressing need for the reduction of greenhouse gas emission and conserve natural resources. The increase demand for noise reduction is also a major factor driving the thermal insulation market. In addition to that there is a growing concern for the indoor air quality where thermal insulation materials can help to prevent the penetration of outdoor pollutants and allergens and also building moisture and mold which have a major impact on the indoor air quality. Lastly governments all around the world have enacted rules and building codes that require buildings to fulfill particular energy performance standards and thermal insulation materials play a crucial role in meeting these standards.
“100-500? temperature range accounts for the second-largest market share in 2023”
Thermal insulation materials that can withstand temperatures between 100 and 500 degrees Celsius are commonly used in a wide range of industrial and commercial applications. These materials are designed to provide thermal insulation and protect against high temperatures in environments such as high-temperature furnaces, kilns, boilers, and pipelines. In industrial applications, thermal insulation materials with resistance to this temperature range are used to protect equipment, machinery, and workers from high temperatures. For example, in high-temperature furnaces and kilns, thermal insulation materials are used to maintain the desired process temperatures, reduce heat loss, and increase energy efficiency. In boilers and pipelines, these materials help to prevent heat loss and maintain consistent temperatures, ensuring optimal performance.
“Stone Wool is expected to be the-fastest growing material type for thermal insulation material market during the forecast period, in terms of value.”
Stone wool is a fiber made from natural or synthetic minerals or metal oxides. Inorganic rock or slag is the main component (typically 98%) of stone wool. The remaining 2% organic content is a thermosetting resin binder (an adhesive) and a little oil. Stone wool has high compressive strength and thermal resistance, provides better sound insulation, and can withstand temperatures up to 1,000°C, making it suitable for applications such as flat roofs, outer wall facades for direct rendering, sandwich panels, cavity walls, lofts, pitched roofs, floor, and others. Some of the major companies producing stone wool include Rockwool International A/S (Denmark) and Paroc Group Oy (Finland) (now part of Owens Corning).
“Based on region, Asia Pacific is the fastest growing market for thermal insulation material, in terms of value.”
Asia Pacific was the largest market for global thermal insulation material, in terms of value, in 2022. The market in Asia Pacific is driven by innovation, namely industrial expansion and technological developments, along with the increasing environmental impact and water scarcity in the region. The improving global economy is expected to boost market growth. China is a dominant market player in the Asia Pacific for the thermal insulation material market. However, the high use of thermal insulation material in various regional end-use industries will make the Indian market witness high growth during the forecast period.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
Research Coverage
This report segments the market for thermal insulation material market on the basis of material type, end use industry, temperature range and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for thermal insulation material market.
Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the thermal insulation material market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
“100-500? temperature range accounts for the second-largest market share in 2023”
Thermal insulation materials that can withstand temperatures between 100 and 500 degrees Celsius are commonly used in a wide range of industrial and commercial applications. These materials are designed to provide thermal insulation and protect against high temperatures in environments such as high-temperature furnaces, kilns, boilers, and pipelines. In industrial applications, thermal insulation materials with resistance to this temperature range are used to protect equipment, machinery, and workers from high temperatures. For example, in high-temperature furnaces and kilns, thermal insulation materials are used to maintain the desired process temperatures, reduce heat loss, and increase energy efficiency. In boilers and pipelines, these materials help to prevent heat loss and maintain consistent temperatures, ensuring optimal performance.
“Stone Wool is expected to be the-fastest growing material type for thermal insulation material market during the forecast period, in terms of value.”
Stone wool is a fiber made from natural or synthetic minerals or metal oxides. Inorganic rock or slag is the main component (typically 98%) of stone wool. The remaining 2% organic content is a thermosetting resin binder (an adhesive) and a little oil. Stone wool has high compressive strength and thermal resistance, provides better sound insulation, and can withstand temperatures up to 1,000°C, making it suitable for applications such as flat roofs, outer wall facades for direct rendering, sandwich panels, cavity walls, lofts, pitched roofs, floor, and others. Some of the major companies producing stone wool include Rockwool International A/S (Denmark) and Paroc Group Oy (Finland) (now part of Owens Corning).
“Based on region, Asia Pacific is the fastest growing market for thermal insulation material, in terms of value.”
Asia Pacific was the largest market for global thermal insulation material, in terms of value, in 2022. The market in Asia Pacific is driven by innovation, namely industrial expansion and technological developments, along with the increasing environmental impact and water scarcity in the region. The improving global economy is expected to boost market growth. China is a dominant market player in the Asia Pacific for the thermal insulation material market. However, the high use of thermal insulation material in various regional end-use industries will make the Indian market witness high growth during the forecast period.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
- By Company Type: Tier 1 - 35%, Tier 2 - 25%, and Tier 3 - 40%
- By Designation: C-Level - 30%, Director Level - 25%, and Others - 45%
- By Region: North America - 30%,Asia Pacific - 30%, Europe - 25%, Middle East & Africa-10%, and South America-5%
Research Coverage
This report segments the market for thermal insulation material market on the basis of material type, end use industry, temperature range and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for thermal insulation material market.
Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the thermal insulation material market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on thermal insulation material market offered by top players in the global thermal insulation material market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the thermal insulation material market.
- Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for the thermal insulation material market across regions.
- Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global thermal insulation material market.
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the thermal insulation material market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.4 MARKET SCOPE
FIGURE 1 THERMAL INSULATION MATERIAL MARKET SEGMENTATION
1.4.1 GEOGRAPHIC SCOPE
1.4.2 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 THERMAL INSULATION MATERIAL MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews - top thermal insulation material manufacturers
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS
2.2.1.1 Supply side
2.2.2 APPROACH 2: DEMAND-SIDE APPROACH
2.2.2.1 Demand side
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 3 THERMAL INSULATION MATERIAL MARKET: DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 4 CONSTRUCTION INDUSTRY ACCOUNTED FOR LARGEST MARKET SHARE, IN TERMS OF VALUE, IN 2022
FIGURE 5 0 TO 100°C SEGMENT ACCOUNTED FOR MAJOR SHARE OF THERMAL INSULATION MARKET, BY TEMPERATURE RANGE, IN TERMS OF VALUE, IN 2022
FIGURE 6 FIBERGLASS SEGMENT ACCOUNTED FOR MAJORITY OF MARKET SHARE, BY MATERIAL TYPE, IN TERMS OF VALUE, IN 2022
FIGURE 7 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN THERMAL INSULATION MATERIAL MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN THERMAL INSULATION MATERIAL MARKET
FIGURE 8 BOOMING CONSTRUCTION INDUSTRY TO DRIVE MARKET GROWTH DURING FORECAST PERIOD
4.2 THERMAL INSULATION MATERIAL MARKET: REGIONAL ANALYSIS
FIGURE 9 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4.3 THERMAL INSULATION MATERIAL MARKET, BY TEMPERATURE
FIGURE 10 0 TO 100°C SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2022
4.4 THERMAL INSULATION MATERIAL MARKET, BY END-USE INDUSTRY
FIGURE 11 CONSTRUCTION INDUSTRY ACCOUNTED FOR LARGEST SHARE IN 2022
4.5 THERMAL INSULATION MATERIAL MARKET, BY TYPE
FIGURE 12 FIBERGLASS CAPTURED LARGEST MARKET SHARE IN 2022
4.6 THERMAL INSULATION MATERIAL MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY AND COUNTRY
FIGURE 13 CONSTRUCTION AND CHINA ACCOUNTED FOR SIGNIFICANT MARKET SHARE IN ASIA PACIFIC IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: THERMAL INSULATION MATERIAL MARKET
5.2.1 DRIVERS
5.2.1.1 Government initiatives for green building projects
5.2.1.2 Increased use of green and sustainable materials for noise control in buildings
5.2.1.3 Strong focus on maintaining good indoor air quality
5.2.1.4 Stringent energy efficiency policies
5.2.2 RESTRAINTS
5.2.2.1 Easy availability of substitute green insulating materials
5.2.2.2 Building codes and regulations pertaining to specifications of insulation materials
5.2.2.3 Health concerns related to some thermal insulation materials
5.2.3 OPPORTUNITIES
5.2.3.1 Innovations in insulation materials and techniques
5.2.3.2 Adoption of passive house standards
5.2.3.3 Focus on constructing energy-efficient buildings
5.2.4 CHALLENGES
5.2.4.1 High material and installation costs
5.2.4.2 Performance limitation issues associated with certain insulation materials
TABLE 1 LIFESPAN OF INSULATION MATERIALS
5.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 2 THERMAL INSULATION MATERIAL MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 15 PORTER’S FIVE FORCES ANALYSIS: THERMAL INSULATION MATERIAL MARKET
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREATS OF SUBSTITUTES
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
6 INDUSTRY TRENDS
6.1 COVID-19 IMPACT
6.2 PRICING ANALYSIS
TABLE 3 THERMAL INSULATION MATERIAL: AVERAGE SELLING PRICE TRENDS ANALYSIS
6.3 VALUE CHAIN ANALYSIS
FIGURE 16 VALUE CHAIN FOR THERMAL INSULATION MATERIALS
6.3.1 RAW MATERIAL SUPPLIERS
6.3.2 MANUFACTURERS
6.3.3 DISTRIBUTORS
6.3.4 END USERS/CONSUMERS
6.4 MACROECONOMIC INDICATORS
6.4.1 GDP TRENDS AND FORECASTS FOR MAJOR ECONOMIES
6.5 THERMAL INSULATION MATERIAL MARKET REGULATIONS
6.5.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 4 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 5 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.6 TRADE ANALYSIS
6.6.1 EXPORT SCENARIO
FIGURE 17 EXPORT SCENARIO FOR HS CODE 680610 FOR KEY COUNTRIES, 2019–2022
FIGURE 18 EXPORT SCENARIO FOR HS CODE 680690 FOR KEY COUNTRIES, 2019–2022
6.6.2 IMPORT SCENARIO
FIGURE 19 IMPORT SCENARIO FOR HS CODE 680690 FOR KEY COUNTRIES, 2019–2022
FIGURE 20 IMPORT SCENARIO FOR HS CODE 680610 FOR KEY COUNTRIES, 2019–2022
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.7.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLAYERS IN THERMAL INSULATION MATERIAL MARKET
FIGURE 21 REVENUE SHIFT OF THERMAL INSULATION MATERIAL PROVIDERS
6.8 ECOSYSTEM/MARKET MAP
TABLE 7 GDP TRENDS AND FORECASTS FOR KEY COUNTRIES, 2019–2027
FIGURE 22 THERMAL INSULATION MATERIAL MARKET: ECOSYSTEM
6.9 TECHNOLOGY ANALYSIS
6.9.1 XPS FOAM TECHNOLOGY
TABLE 8 ADVANTAGES OF XPS FOAM TECHNOLOGY
6.9.2 ECOS TECHNOLOGY
TABLE 9 ADVANTAGES OF ECOS TECHNOLOGY
6.10 KEY STAKEHOLDERS AND BUYING CRITERIA
6.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 4 END-USE INDUSTRIES
TABLE 10 INFLUENCE OF INSTITUTIONAL BUYERS ON BUYING PROCESS FOR TOP 4 END-USE INDUSTRIES
6.10.2 BUYING CRITERIA
FIGURE 24 KEY BUYING CRITERIA FOR END-USE INDUSTRIES
TABLE 11 KEY BUYING CRITERIA FOR END-USE INDUSTRIES
6.11 PATENT ANALYSIS
6.11.1 INTRODUCTION
6.11.2 APPROACH
6.11.3 DOCUMENT TYPE
6.11.3.1 Patent status
TABLE 12 GRANTED PATENTS WERE 2% OF TOTAL COUNT IN LAST FIVE YEARS
FIGURE 25 PATENTS REGISTERED FOR THERMAL INSULATION MATERIALS, 2017–2022
FIGURE 26 PATENT PUBLICATION TRENDS FOR THERMAL INSULATION MATERIALS, 2017–2022
6.11.4 LEGAL STATUS OF PATENTS
FIGURE 27 LEGAL STATUS OF PATENTS FILED FOR THERMAL INSULATION MATERIALS
6.11.5 JURISDICTION ANALYSIS
FIGURE 28 HIGHEST NUMBER OF PATENTS FILED IN CHINA
6.11.6 TOP APPLICANTS OF PATENTS
FIGURE 29 BASF REGISTERED HIGHEST NUMBER OF PATENTS BETWEEN 2017 AND 2022
TABLE 13 PATENTS BY BASF SE
TABLE 14 PATENTS BY AEROSPACE RESEARCH INSTITUTE OF MATERIALS & PROCESSING
TABLE 15 PATENTS BY DOW GLOBAL TECHNOLOGIES LLC
6.11.7 TOP 10 PATENT OWNERS (US) IN LAST FIVE YEARS
6.12 KEY CONFERENCES AND EVENTS, 2023–2024
7 THERMAL INSULATION MATERIAL MARKET, BY MATERIAL TYPE
7.1 INTRODUCTION
FIGURE 30 THERMAL INSULATION MATERIAL MARKET, BY MATERIAL TYPE, 2022
TABLE 16 THERMAL INSULATION MATERIAL MARKET SIZE, BY MATERIAL TYPE, 2019–2022 (USD MILLION)
TABLE 17 THERMAL INSULATION MATERIAL MARKET SIZE, BY MATERIAL TYPE, 2023–2028 (USD MILLION)
7.2 STONE WOOL
7.2.1 BOOMING CONSTRUCTION AND ARCHITECTURAL FIELDS TO DRIVE DEMAND FOR STONE WOOL
7.3 FIBERGLASS
7.3.1 RISING USE OF FIBERGLASS IN INDUSTRIAL APPLICATIONS REQUIRING HIGH STRENGTH TO PROPEL MARKET
7.4 PLASTIC FOAM
7.4.1 LONG-DISTANCE TRANSPORT OF FRAGILE GOODS TO INCREASE DEMAND FOR PLASTIC FOAM IN PACKAGING INDUSTRY
7.4.2 POLYSTYRENE FOAM
7.4.2.1 Extruded polystyrene foam (XPS)
7.4.2.2 Expanded polystyrene foam (EPS)
7.4.3 POLYURETHANE (PUR) AND POLYISOCYANURATE (PIR) FOAM
7.4.4 OTHER PLASTIC FOAM MATERIALS
7.5 WOOD FIBER
7.5.1 INCREASING USE OF BIO-BASED MATERIALS IN INDUSTRIAL APPLICATIONS TO DRIVE REQUIREMENT FOR WOOD FIBER
7.6 OTHER MATERIALS
7.6.1 PERLITE
7.6.2 AEROSOL
7.6.3 CELLULOSE
7.6.4 CERAMIC
8 THERMAL INSULATION MATERIAL MARKET, BY END-USE INDUSTRY
8.1 INTRODUCTION
FIGURE 31 THERMAL INSULATION MATERIAL MARKET, BY END-USE INDUSTRY, 2022
TABLE 18 THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 19 THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
8.2 CONSTRUCTION
8.2.1 URGENT NEED TO REDUCE CARBON EMISSIONS AND OPTIMIZE BUILDING ENERGY TO DRIVE MARKET
8.2.2 RESIDENTIAL
8.2.2.1 Wall insulation
8.2.2.2 Floor insulation
8.2.2.3 Roof insulation
8.2.3 NON-RESIDENTIAL
8.2.3.1 Wall insulation
8.2.3.2 Floor insulation
8.2.3.3 Wall insulation
8.3 AUTOMOTIVE
8.3.1 GROWTH IN EV PRODUCTION TO BOOST DEMAND FOR THERMAL INSULATION MATERIALS
8.4 HVAC
8.4.1 MIDDLE EAST & AFRICA TO CONTRIBUTE MOST TO THERMAL INSULATION MATERIAL MARKET GROWTH IN HVAC SEGMENT
8.5 INDUSTRIAL
8.5.1 INCREASING NEED TO SAVE ENERGY AND REDUCE CARBON EMISSIONS TO STIMULATE GROWTH
8.6 OTHERS
9 THERMAL INSULATION MATERIAL MARKET, BY TEMPERATURE RANGE
9.1 INTRODUCTION
FIGURE 32 THERMAL INSULATION MATERIAL MARKET, BY TEMPERATURE RANGE, 2022
TABLE 20 THERMAL INSULATION MATERIAL MARKET SIZE, BY TEMPERATURE RANGE, 2019–2022 (USD MILLION)
TABLE 21 THERMAL INSULATION MATERIAL MARKET SIZE, BY TEMPERATURE RANGE, 2023–2028 (USD MILLION)
9.2 0 TO 100°C
9.2.1 USE OF 0 TO 100°C THERMAL INSULATION MATERIALS TO IMPROVE ENERGY EFFICIENCY AND SAFETY IN INDUSTRIAL SETUP TO PROPEL MARKET
9.3 101 TO 500°C
9.3.1 INDUSTRIALIZATION TRENDS IN DEVELOPING COUNTRIES TO BOOST DEMAND FOR THERMAL INSULATION MATERIALS ABLE TO WITHSTAND 101 TO 500°C
9.4 >500°C
9.4.1 GROWTH OF LARGE-SCALE INDUSTRIES TO DRIVE SEGMENTAL GROWTH
10 THERMAL INSULATION MATERIAL MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 33 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR THERMAL INSULATION MATERIALS DURING FORECAST PERIOD
TABLE 22 THERMAL INSULATION MATERIAL MARKET SIZE, BY REGION, 2019–2022 (USD MILLION)
TABLE 23 THERMAL INSULATION MATERIAL MARKET SIZE, BY REGION, 2023–2028 (USD MILLION)
10.2 ASIA PACIFIC
10.2.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
FIGURE 34 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 24 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 25 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 26 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 27 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.2 CHINA
10.2.2.1 Rapid adoption of energy-efficient systems to boost demand for thermal insulation materials
TABLE 28 CHINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 29 CHINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.3 JAPAN
10.2.3.1 Government investments in carbon emission reduction projects to boost requirement for thermal insulation materials
TABLE 30 JAPAN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 31 JAPAN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.4 INDIA
10.2.4.1 Development of green buildings to accelerate market growth
TABLE 32 INDIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 33 INDIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.5 SOUTH KOREA
10.2.5.1 Government initiatives to promote use of energy-efficient products to fuel market
TABLE 34 SOUTH KOREA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 35 SOUTH KOREA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.6 REST OF ASIA PACIFIC
TABLE 36 REST OF ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 37 REST OF ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3 NORTH AMERICA
10.3.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
FIGURE 35 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 38 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 39 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 40 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 41 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3.2 US
10.3.2.1 Hike in private construction sites to stimulate market
TABLE 42 US: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 43 US: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3.3 CANADA
10.3.3.1 Sustainable developments in commercial and residential construction sector to drive market
TABLE 44 CANADA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 45 CANADA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3.4 MEXICO
10.3.4.1 Investments by pharma players to develop innovative medical equipment to boost demand for thermal insulation materials
TABLE 46 MEXICO: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 47 MEXICO: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4 MIDDLE EAST & AFRICA
10.4.1 RECESSION IMPACT ON MARKET IN MEA
FIGURE 36 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 48 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 49 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 50 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 51 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4.2 SAUDI ARABIA
10.4.2.1 Government initiatives to promote green building practices to boost demand for thermal insulation materials
TABLE 52 SAUDI ARABIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 53 SAUDI ARABIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4.3 SOUTH AFRICA
10.4.3.1 Growing adoption of energy-efficient systems in construction industry to boost demand for thermal insulation materials
TABLE 54 SOUTH AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 55 SOUTH AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4.4 REST OF MIDDLE EAST & AFRICA
TABLE 56 REST OF MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 57 REST OF MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5 EUROPE
10.5.1 RECESSION IMPACT ON MARKET IN EUROPE
FIGURE 37 EUROPE: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 58 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 59 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 60 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 61 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.2 GERMANY
10.5.2.1 Adoption of green building labeling systems to foster market
TABLE 62 GERMANY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 63 GERMANY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.3 FRANCE
10.5.3.1 Growing residential projects to increase requirement for thermal insulation materials
TABLE 64 FRANCE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 65 FRANCE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.4 SPAIN
10.5.4.1 Rising demand for thermal insulation materials from automotive industry to drive market
TABLE 66 SPAIN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 67 SPAIN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.5 ITALY
10.5.5.1 Government focus on upgrading guidelines for energy certification of buildings to create opportunities for players
TABLE 68 ITALY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 69 ITALY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.6 UK
10.5.6.1 Prominent presence of Kingspan, Armacell, and Recticel companies to support market growth
TABLE 70 UK: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 71 UK: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.7 REST OF EUROPE
TABLE 72 REST OF EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 73 REST OF EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6 SOUTH AMERICA
10.6.1 RECESSION IMPACT ON MARKET IN SOUTH AMERICA
FIGURE 38 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 74 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 75 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 76 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 77 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.2 BRAZIL
10.6.2.1 Brazil to hold largest share of South American market throughout forecast period
TABLE 78 BRAZIL: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 79 BRAZIL: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.3 ARGENTINA
10.6.3.1 Development of new standards for building envelope design to promote use of thermal insulation materials
TABLE 80 ARGENTINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 81 ARGENTINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.4 PERU
10.6.4.1 Government initiatives for green buildings to stimulate market growth
TABLE 82 PERU: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 83 PERU: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.5 REST OF SOUTH AMERICA
TABLE 84 REST OF SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 85 REST OF SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 86 REVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN THERMAL INSULATION MATERIAL MARKET
11.2 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2022
FIGURE 39 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS IN THERMAL INSULATION MATERIAL MARKET, 2022
FIGURE 40 MARKET SHARE ANALYSIS FOR KEY COMPANIES, 2022
TABLE 87 THERMAL INSULATION MATERIAL MARKET: DEGREE OF COMPETITION
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
11.4 COMPETITIVE EVALUATION MATRIX/QUADRANT
11.4.1 STARS
11.4.2 PERVASIVE PLAYERS
11.4.3 EMERGING LEADERS
11.4.4 PARTICIPANTS
FIGURE 41 THERMAL INSULATION MATERIAL MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2022
11.5 STARTUPS/SMES EVALUATION QUADRANT
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 42 THERMAL INSULATION MATERIAL MARKET: STARTUPS/SMES EVALUATION QUADRANT, 2022
11.6 COMPETITIVE BENCHMARKING
TABLE 88 THERMAL INSULATION MATERIAL MARKET: LIST OF KEY STARTUPS/SMES
TABLE 89 THERMAL INSULATION MATERIAL MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES FOR END-USE INDUSTRY
11.7 THERMAL INSULATION MATERIAL MARKET: COMPANY FOOTPRINT
TABLE 90 END-USE INDUSTRY: COMPANY FOOTPRINT
TABLE 91 TYPE: COMPANY FOOTPRINT
TABLE 92 TEMPERATURE RANGE: COMPANY FOOTPRINT
TABLE 93 REGION: COMPANY FOOTPRINT
TABLE 94 COMPANY FOOTPRINT
11.8 COMPETITIVE SCENARIO
TABLE 95 THERMAL INSULATION MATERIAL MARKET: PRODUCT LAUNCHES, JUNE 2019–APRIL 2022
TABLE 96 THERMAL INSULATION MATERIAL MARKET: DEALS, APRIL 2019–JUNE 2022
12 COMPANY PROFILES
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*
12.1 KEY PLAYERS
12.1.1 SAINT-GOBAIN SA
TABLE 97 SAINT-GOBAIN SA: BUSINESS OVERVIEW
FIGURE 43 SAINT-GOBAIN SA: COMPANY SNAPSHOT
TABLE 98 SAINT-GOBAIN SA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 99 SAINT-GOBAIN SA: DEALS
12.1.2 KINGSPAN GROUP
TABLE 100 KINGSPAN GROUP: BUSINESS OVERVIEW
FIGURE 44 KINGSPAN GROUP: COMPANY SNAPSHOT
TABLE 101 KINGSPAN GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 102 KINGSPAN GROUP: DEALS
TABLE 103 KINGSPAN GROUP: OTHERS
12.1.3 ROCKWOOL INTERNATIONAL A/S
TABLE 104 ROCKWOOL INTERNATIONAL A/S: BUSINESS OVERVIEW
FIGURE 45 ROCKWOOL INTERNATIONAL A/S: COMPANY SNAPSHOT
TABLE 105 ROCKWOOL INTERNATIONAL A/S: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 106 ROCKWOOL INTERNATIONAL A/S: DEALS
TABLE 107 ROCKWOOL INTERNATIONAL A/S: OTHERS
12.1.4 OWENS CORNING
TABLE 108 OWENS CORNING: BUSINESS OVERVIEW
FIGURE 46 OWENS CORNING: COMPANY SNAPSHOT
TABLE 109 OWENS CORNING: PRODUCTS/SERVICES/SOLUTIONS OFFERED
12.1.5 KNAUF INSULATION
TABLE 110 KNAUF INSULATION: BUSINESS OVERVIEW
TABLE 111 KNAUF INSULATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 112 KNAUF INSULATION: OTHERS
12.1.6 BASF SE
TABLE 113 BASF SE: BUSINESS OVERVIEW
FIGURE 47 BASF SE: FINANCIAL SNAPSHOT
TABLE 114 BASF SE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 115 BASF SE: PRODUCT LAUNCHES
12.1.7 ASAHI KASEI CORPORATION
TABLE 116 ASAHI KASEI CORPORATION: BUSINESS OVERVIEW
TABLE 117 ASAHI KASEI CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 118 ASAHI KASEI CORPORATION: DEALS
12.1.8 RECTICEL
TABLE 119 RECTICEL: BUSINESS OVERVIEW
TABLE 120 RECTICEL: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 121 RECTICEL: DEALS
TABLE 122 RECTICEL: OTHERS
TABLE 123 RECTICEL: PRODUCT LAUNCHES
12.1.9 GAF
TABLE 124 GAF: BUSINESS OVERVIEW
TABLE 125 GAF: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 126 GAF: PRODUCT LAUNCHES
12.1.10 EVONIK INDUSTRIES AG
TABLE 127 EVONIK: BUSINESS OVERVIEW
TABLE 128 EVONIK: PRODUCTS/SERVICES/SOLUTIONS OFFERED
12.2 OTHER KEY PLAYERS
12.2.1 COVESTRO AG
12.2.2 HUNTSMAN INTERNATIONAL LLC
12.2.3 JOHNS MANVILLE
12.2.4 DOW CHEMICAL COMPANY
12.2.5 BAYER AG
12.2.6 E. I. DUPONT DE NEMOURS AND COMPANY
12.2.7 ASPEN AEROGELS, INC.
12.2.8 CNBM GROUP CO. LTD.
12.2.9 HOLCIM LTD.
12.2.10 KCC CORPORATION
12.2.11 URSA INSULATION
12.2.12 SIKA GROUP
12.2.13 CELLOFOAM NORTH AMERICA LIMITED
12.2.14 ODE INSULATION
12.2.15 LLOYD INSULATIONS LIMITED
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.4 MARKET SCOPE
FIGURE 1 THERMAL INSULATION MATERIAL MARKET SEGMENTATION
1.4.1 GEOGRAPHIC SCOPE
1.4.2 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 THERMAL INSULATION MATERIAL MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews - top thermal insulation material manufacturers
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 APPROACH 1: SUPPLY-SIDE ANALYSIS
2.2.1.1 Supply side
2.2.2 APPROACH 2: DEMAND-SIDE APPROACH
2.2.2.1 Demand side
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 3 THERMAL INSULATION MATERIAL MARKET: DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 4 CONSTRUCTION INDUSTRY ACCOUNTED FOR LARGEST MARKET SHARE, IN TERMS OF VALUE, IN 2022
FIGURE 5 0 TO 100°C SEGMENT ACCOUNTED FOR MAJOR SHARE OF THERMAL INSULATION MARKET, BY TEMPERATURE RANGE, IN TERMS OF VALUE, IN 2022
FIGURE 6 FIBERGLASS SEGMENT ACCOUNTED FOR MAJORITY OF MARKET SHARE, BY MATERIAL TYPE, IN TERMS OF VALUE, IN 2022
FIGURE 7 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN THERMAL INSULATION MATERIAL MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN THERMAL INSULATION MATERIAL MARKET
FIGURE 8 BOOMING CONSTRUCTION INDUSTRY TO DRIVE MARKET GROWTH DURING FORECAST PERIOD
4.2 THERMAL INSULATION MATERIAL MARKET: REGIONAL ANALYSIS
FIGURE 9 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4.3 THERMAL INSULATION MATERIAL MARKET, BY TEMPERATURE
FIGURE 10 0 TO 100°C SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2022
4.4 THERMAL INSULATION MATERIAL MARKET, BY END-USE INDUSTRY
FIGURE 11 CONSTRUCTION INDUSTRY ACCOUNTED FOR LARGEST SHARE IN 2022
4.5 THERMAL INSULATION MATERIAL MARKET, BY TYPE
FIGURE 12 FIBERGLASS CAPTURED LARGEST MARKET SHARE IN 2022
4.6 THERMAL INSULATION MATERIAL MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY AND COUNTRY
FIGURE 13 CONSTRUCTION AND CHINA ACCOUNTED FOR SIGNIFICANT MARKET SHARE IN ASIA PACIFIC IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: THERMAL INSULATION MATERIAL MARKET
5.2.1 DRIVERS
5.2.1.1 Government initiatives for green building projects
5.2.1.2 Increased use of green and sustainable materials for noise control in buildings
5.2.1.3 Strong focus on maintaining good indoor air quality
5.2.1.4 Stringent energy efficiency policies
5.2.2 RESTRAINTS
5.2.2.1 Easy availability of substitute green insulating materials
5.2.2.2 Building codes and regulations pertaining to specifications of insulation materials
5.2.2.3 Health concerns related to some thermal insulation materials
5.2.3 OPPORTUNITIES
5.2.3.1 Innovations in insulation materials and techniques
5.2.3.2 Adoption of passive house standards
5.2.3.3 Focus on constructing energy-efficient buildings
5.2.4 CHALLENGES
5.2.4.1 High material and installation costs
5.2.4.2 Performance limitation issues associated with certain insulation materials
TABLE 1 LIFESPAN OF INSULATION MATERIALS
5.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 2 THERMAL INSULATION MATERIAL MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 15 PORTER’S FIVE FORCES ANALYSIS: THERMAL INSULATION MATERIAL MARKET
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREATS OF SUBSTITUTES
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
6 INDUSTRY TRENDS
6.1 COVID-19 IMPACT
6.2 PRICING ANALYSIS
TABLE 3 THERMAL INSULATION MATERIAL: AVERAGE SELLING PRICE TRENDS ANALYSIS
6.3 VALUE CHAIN ANALYSIS
FIGURE 16 VALUE CHAIN FOR THERMAL INSULATION MATERIALS
6.3.1 RAW MATERIAL SUPPLIERS
6.3.2 MANUFACTURERS
6.3.3 DISTRIBUTORS
6.3.4 END USERS/CONSUMERS
6.4 MACROECONOMIC INDICATORS
6.4.1 GDP TRENDS AND FORECASTS FOR MAJOR ECONOMIES
6.5 THERMAL INSULATION MATERIAL MARKET REGULATIONS
6.5.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 4 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 5 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.6 TRADE ANALYSIS
6.6.1 EXPORT SCENARIO
FIGURE 17 EXPORT SCENARIO FOR HS CODE 680610 FOR KEY COUNTRIES, 2019–2022
FIGURE 18 EXPORT SCENARIO FOR HS CODE 680690 FOR KEY COUNTRIES, 2019–2022
6.6.2 IMPORT SCENARIO
FIGURE 19 IMPORT SCENARIO FOR HS CODE 680690 FOR KEY COUNTRIES, 2019–2022
FIGURE 20 IMPORT SCENARIO FOR HS CODE 680610 FOR KEY COUNTRIES, 2019–2022
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.7.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLAYERS IN THERMAL INSULATION MATERIAL MARKET
FIGURE 21 REVENUE SHIFT OF THERMAL INSULATION MATERIAL PROVIDERS
6.8 ECOSYSTEM/MARKET MAP
TABLE 7 GDP TRENDS AND FORECASTS FOR KEY COUNTRIES, 2019–2027
FIGURE 22 THERMAL INSULATION MATERIAL MARKET: ECOSYSTEM
6.9 TECHNOLOGY ANALYSIS
6.9.1 XPS FOAM TECHNOLOGY
TABLE 8 ADVANTAGES OF XPS FOAM TECHNOLOGY
6.9.2 ECOS TECHNOLOGY
TABLE 9 ADVANTAGES OF ECOS TECHNOLOGY
6.10 KEY STAKEHOLDERS AND BUYING CRITERIA
6.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 4 END-USE INDUSTRIES
TABLE 10 INFLUENCE OF INSTITUTIONAL BUYERS ON BUYING PROCESS FOR TOP 4 END-USE INDUSTRIES
6.10.2 BUYING CRITERIA
FIGURE 24 KEY BUYING CRITERIA FOR END-USE INDUSTRIES
TABLE 11 KEY BUYING CRITERIA FOR END-USE INDUSTRIES
6.11 PATENT ANALYSIS
6.11.1 INTRODUCTION
6.11.2 APPROACH
6.11.3 DOCUMENT TYPE
6.11.3.1 Patent status
TABLE 12 GRANTED PATENTS WERE 2% OF TOTAL COUNT IN LAST FIVE YEARS
FIGURE 25 PATENTS REGISTERED FOR THERMAL INSULATION MATERIALS, 2017–2022
FIGURE 26 PATENT PUBLICATION TRENDS FOR THERMAL INSULATION MATERIALS, 2017–2022
6.11.4 LEGAL STATUS OF PATENTS
FIGURE 27 LEGAL STATUS OF PATENTS FILED FOR THERMAL INSULATION MATERIALS
6.11.5 JURISDICTION ANALYSIS
FIGURE 28 HIGHEST NUMBER OF PATENTS FILED IN CHINA
6.11.6 TOP APPLICANTS OF PATENTS
FIGURE 29 BASF REGISTERED HIGHEST NUMBER OF PATENTS BETWEEN 2017 AND 2022
TABLE 13 PATENTS BY BASF SE
TABLE 14 PATENTS BY AEROSPACE RESEARCH INSTITUTE OF MATERIALS & PROCESSING
TABLE 15 PATENTS BY DOW GLOBAL TECHNOLOGIES LLC
6.11.7 TOP 10 PATENT OWNERS (US) IN LAST FIVE YEARS
6.12 KEY CONFERENCES AND EVENTS, 2023–2024
7 THERMAL INSULATION MATERIAL MARKET, BY MATERIAL TYPE
7.1 INTRODUCTION
FIGURE 30 THERMAL INSULATION MATERIAL MARKET, BY MATERIAL TYPE, 2022
TABLE 16 THERMAL INSULATION MATERIAL MARKET SIZE, BY MATERIAL TYPE, 2019–2022 (USD MILLION)
TABLE 17 THERMAL INSULATION MATERIAL MARKET SIZE, BY MATERIAL TYPE, 2023–2028 (USD MILLION)
7.2 STONE WOOL
7.2.1 BOOMING CONSTRUCTION AND ARCHITECTURAL FIELDS TO DRIVE DEMAND FOR STONE WOOL
7.3 FIBERGLASS
7.3.1 RISING USE OF FIBERGLASS IN INDUSTRIAL APPLICATIONS REQUIRING HIGH STRENGTH TO PROPEL MARKET
7.4 PLASTIC FOAM
7.4.1 LONG-DISTANCE TRANSPORT OF FRAGILE GOODS TO INCREASE DEMAND FOR PLASTIC FOAM IN PACKAGING INDUSTRY
7.4.2 POLYSTYRENE FOAM
7.4.2.1 Extruded polystyrene foam (XPS)
7.4.2.2 Expanded polystyrene foam (EPS)
7.4.3 POLYURETHANE (PUR) AND POLYISOCYANURATE (PIR) FOAM
7.4.4 OTHER PLASTIC FOAM MATERIALS
7.5 WOOD FIBER
7.5.1 INCREASING USE OF BIO-BASED MATERIALS IN INDUSTRIAL APPLICATIONS TO DRIVE REQUIREMENT FOR WOOD FIBER
7.6 OTHER MATERIALS
7.6.1 PERLITE
7.6.2 AEROSOL
7.6.3 CELLULOSE
7.6.4 CERAMIC
8 THERMAL INSULATION MATERIAL MARKET, BY END-USE INDUSTRY
8.1 INTRODUCTION
FIGURE 31 THERMAL INSULATION MATERIAL MARKET, BY END-USE INDUSTRY, 2022
TABLE 18 THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 19 THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
8.2 CONSTRUCTION
8.2.1 URGENT NEED TO REDUCE CARBON EMISSIONS AND OPTIMIZE BUILDING ENERGY TO DRIVE MARKET
8.2.2 RESIDENTIAL
8.2.2.1 Wall insulation
8.2.2.2 Floor insulation
8.2.2.3 Roof insulation
8.2.3 NON-RESIDENTIAL
8.2.3.1 Wall insulation
8.2.3.2 Floor insulation
8.2.3.3 Wall insulation
8.3 AUTOMOTIVE
8.3.1 GROWTH IN EV PRODUCTION TO BOOST DEMAND FOR THERMAL INSULATION MATERIALS
8.4 HVAC
8.4.1 MIDDLE EAST & AFRICA TO CONTRIBUTE MOST TO THERMAL INSULATION MATERIAL MARKET GROWTH IN HVAC SEGMENT
8.5 INDUSTRIAL
8.5.1 INCREASING NEED TO SAVE ENERGY AND REDUCE CARBON EMISSIONS TO STIMULATE GROWTH
8.6 OTHERS
9 THERMAL INSULATION MATERIAL MARKET, BY TEMPERATURE RANGE
9.1 INTRODUCTION
FIGURE 32 THERMAL INSULATION MATERIAL MARKET, BY TEMPERATURE RANGE, 2022
TABLE 20 THERMAL INSULATION MATERIAL MARKET SIZE, BY TEMPERATURE RANGE, 2019–2022 (USD MILLION)
TABLE 21 THERMAL INSULATION MATERIAL MARKET SIZE, BY TEMPERATURE RANGE, 2023–2028 (USD MILLION)
9.2 0 TO 100°C
9.2.1 USE OF 0 TO 100°C THERMAL INSULATION MATERIALS TO IMPROVE ENERGY EFFICIENCY AND SAFETY IN INDUSTRIAL SETUP TO PROPEL MARKET
9.3 101 TO 500°C
9.3.1 INDUSTRIALIZATION TRENDS IN DEVELOPING COUNTRIES TO BOOST DEMAND FOR THERMAL INSULATION MATERIALS ABLE TO WITHSTAND 101 TO 500°C
9.4 >500°C
9.4.1 GROWTH OF LARGE-SCALE INDUSTRIES TO DRIVE SEGMENTAL GROWTH
10 THERMAL INSULATION MATERIAL MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 33 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR THERMAL INSULATION MATERIALS DURING FORECAST PERIOD
TABLE 22 THERMAL INSULATION MATERIAL MARKET SIZE, BY REGION, 2019–2022 (USD MILLION)
TABLE 23 THERMAL INSULATION MATERIAL MARKET SIZE, BY REGION, 2023–2028 (USD MILLION)
10.2 ASIA PACIFIC
10.2.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
FIGURE 34 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 24 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 25 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 26 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 27 ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.2 CHINA
10.2.2.1 Rapid adoption of energy-efficient systems to boost demand for thermal insulation materials
TABLE 28 CHINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 29 CHINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.3 JAPAN
10.2.3.1 Government investments in carbon emission reduction projects to boost requirement for thermal insulation materials
TABLE 30 JAPAN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 31 JAPAN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.4 INDIA
10.2.4.1 Development of green buildings to accelerate market growth
TABLE 32 INDIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 33 INDIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.5 SOUTH KOREA
10.2.5.1 Government initiatives to promote use of energy-efficient products to fuel market
TABLE 34 SOUTH KOREA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 35 SOUTH KOREA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.2.6 REST OF ASIA PACIFIC
TABLE 36 REST OF ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 37 REST OF ASIA PACIFIC: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3 NORTH AMERICA
10.3.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
FIGURE 35 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 38 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 39 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 40 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 41 NORTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3.2 US
10.3.2.1 Hike in private construction sites to stimulate market
TABLE 42 US: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 43 US: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3.3 CANADA
10.3.3.1 Sustainable developments in commercial and residential construction sector to drive market
TABLE 44 CANADA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 45 CANADA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.3.4 MEXICO
10.3.4.1 Investments by pharma players to develop innovative medical equipment to boost demand for thermal insulation materials
TABLE 46 MEXICO: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 47 MEXICO: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4 MIDDLE EAST & AFRICA
10.4.1 RECESSION IMPACT ON MARKET IN MEA
FIGURE 36 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 48 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 49 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 50 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 51 MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4.2 SAUDI ARABIA
10.4.2.1 Government initiatives to promote green building practices to boost demand for thermal insulation materials
TABLE 52 SAUDI ARABIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 53 SAUDI ARABIA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4.3 SOUTH AFRICA
10.4.3.1 Growing adoption of energy-efficient systems in construction industry to boost demand for thermal insulation materials
TABLE 54 SOUTH AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 55 SOUTH AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.4.4 REST OF MIDDLE EAST & AFRICA
TABLE 56 REST OF MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 57 REST OF MIDDLE EAST & AFRICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5 EUROPE
10.5.1 RECESSION IMPACT ON MARKET IN EUROPE
FIGURE 37 EUROPE: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 58 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 59 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 60 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 61 EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.2 GERMANY
10.5.2.1 Adoption of green building labeling systems to foster market
TABLE 62 GERMANY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 63 GERMANY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.3 FRANCE
10.5.3.1 Growing residential projects to increase requirement for thermal insulation materials
TABLE 64 FRANCE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 65 FRANCE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.4 SPAIN
10.5.4.1 Rising demand for thermal insulation materials from automotive industry to drive market
TABLE 66 SPAIN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 67 SPAIN: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.5 ITALY
10.5.5.1 Government focus on upgrading guidelines for energy certification of buildings to create opportunities for players
TABLE 68 ITALY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 69 ITALY: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.6 UK
10.5.6.1 Prominent presence of Kingspan, Armacell, and Recticel companies to support market growth
TABLE 70 UK: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 71 UK: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.5.7 REST OF EUROPE
TABLE 72 REST OF EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 73 REST OF EUROPE: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6 SOUTH AMERICA
10.6.1 RECESSION IMPACT ON MARKET IN SOUTH AMERICA
FIGURE 38 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SNAPSHOT
TABLE 74 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 75 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 76 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 77 SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.2 BRAZIL
10.6.2.1 Brazil to hold largest share of South American market throughout forecast period
TABLE 78 BRAZIL: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 79 BRAZIL: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.3 ARGENTINA
10.6.3.1 Development of new standards for building envelope design to promote use of thermal insulation materials
TABLE 80 ARGENTINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 81 ARGENTINA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.4 PERU
10.6.4.1 Government initiatives for green buildings to stimulate market growth
TABLE 82 PERU: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 83 PERU: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
10.6.5 REST OF SOUTH AMERICA
TABLE 84 REST OF SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2019–2022 (USD MILLION)
TABLE 85 REST OF SOUTH AMERICA: THERMAL INSULATION MATERIAL MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 86 REVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN THERMAL INSULATION MATERIAL MARKET
11.2 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2022
FIGURE 39 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS IN THERMAL INSULATION MATERIAL MARKET, 2022
FIGURE 40 MARKET SHARE ANALYSIS FOR KEY COMPANIES, 2022
TABLE 87 THERMAL INSULATION MATERIAL MARKET: DEGREE OF COMPETITION
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
11.4 COMPETITIVE EVALUATION MATRIX/QUADRANT
11.4.1 STARS
11.4.2 PERVASIVE PLAYERS
11.4.3 EMERGING LEADERS
11.4.4 PARTICIPANTS
FIGURE 41 THERMAL INSULATION MATERIAL MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2022
11.5 STARTUPS/SMES EVALUATION QUADRANT
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 42 THERMAL INSULATION MATERIAL MARKET: STARTUPS/SMES EVALUATION QUADRANT, 2022
11.6 COMPETITIVE BENCHMARKING
TABLE 88 THERMAL INSULATION MATERIAL MARKET: LIST OF KEY STARTUPS/SMES
TABLE 89 THERMAL INSULATION MATERIAL MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES FOR END-USE INDUSTRY
11.7 THERMAL INSULATION MATERIAL MARKET: COMPANY FOOTPRINT
TABLE 90 END-USE INDUSTRY: COMPANY FOOTPRINT
TABLE 91 TYPE: COMPANY FOOTPRINT
TABLE 92 TEMPERATURE RANGE: COMPANY FOOTPRINT
TABLE 93 REGION: COMPANY FOOTPRINT
TABLE 94 COMPANY FOOTPRINT
11.8 COMPETITIVE SCENARIO
TABLE 95 THERMAL INSULATION MATERIAL MARKET: PRODUCT LAUNCHES, JUNE 2019–APRIL 2022
TABLE 96 THERMAL INSULATION MATERIAL MARKET: DEALS, APRIL 2019–JUNE 2022
12 COMPANY PROFILES
(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*
12.1 KEY PLAYERS
12.1.1 SAINT-GOBAIN SA
TABLE 97 SAINT-GOBAIN SA: BUSINESS OVERVIEW
FIGURE 43 SAINT-GOBAIN SA: COMPANY SNAPSHOT
TABLE 98 SAINT-GOBAIN SA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 99 SAINT-GOBAIN SA: DEALS
12.1.2 KINGSPAN GROUP
TABLE 100 KINGSPAN GROUP: BUSINESS OVERVIEW
FIGURE 44 KINGSPAN GROUP: COMPANY SNAPSHOT
TABLE 101 KINGSPAN GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 102 KINGSPAN GROUP: DEALS
TABLE 103 KINGSPAN GROUP: OTHERS
12.1.3 ROCKWOOL INTERNATIONAL A/S
TABLE 104 ROCKWOOL INTERNATIONAL A/S: BUSINESS OVERVIEW
FIGURE 45 ROCKWOOL INTERNATIONAL A/S: COMPANY SNAPSHOT
TABLE 105 ROCKWOOL INTERNATIONAL A/S: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 106 ROCKWOOL INTERNATIONAL A/S: DEALS
TABLE 107 ROCKWOOL INTERNATIONAL A/S: OTHERS
12.1.4 OWENS CORNING
TABLE 108 OWENS CORNING: BUSINESS OVERVIEW
FIGURE 46 OWENS CORNING: COMPANY SNAPSHOT
TABLE 109 OWENS CORNING: PRODUCTS/SERVICES/SOLUTIONS OFFERED
12.1.5 KNAUF INSULATION
TABLE 110 KNAUF INSULATION: BUSINESS OVERVIEW
TABLE 111 KNAUF INSULATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 112 KNAUF INSULATION: OTHERS
12.1.6 BASF SE
TABLE 113 BASF SE: BUSINESS OVERVIEW
FIGURE 47 BASF SE: FINANCIAL SNAPSHOT
TABLE 114 BASF SE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 115 BASF SE: PRODUCT LAUNCHES
12.1.7 ASAHI KASEI CORPORATION
TABLE 116 ASAHI KASEI CORPORATION: BUSINESS OVERVIEW
TABLE 117 ASAHI KASEI CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 118 ASAHI KASEI CORPORATION: DEALS
12.1.8 RECTICEL
TABLE 119 RECTICEL: BUSINESS OVERVIEW
TABLE 120 RECTICEL: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 121 RECTICEL: DEALS
TABLE 122 RECTICEL: OTHERS
TABLE 123 RECTICEL: PRODUCT LAUNCHES
12.1.9 GAF
TABLE 124 GAF: BUSINESS OVERVIEW
TABLE 125 GAF: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 126 GAF: PRODUCT LAUNCHES
12.1.10 EVONIK INDUSTRIES AG
TABLE 127 EVONIK: BUSINESS OVERVIEW
TABLE 128 EVONIK: PRODUCTS/SERVICES/SOLUTIONS OFFERED
12.2 OTHER KEY PLAYERS
12.2.1 COVESTRO AG
12.2.2 HUNTSMAN INTERNATIONAL LLC
12.2.3 JOHNS MANVILLE
12.2.4 DOW CHEMICAL COMPANY
12.2.5 BAYER AG
12.2.6 E. I. DUPONT DE NEMOURS AND COMPANY
12.2.7 ASPEN AEROGELS, INC.
12.2.8 CNBM GROUP CO. LTD.
12.2.9 HOLCIM LTD.
12.2.10 KCC CORPORATION
12.2.11 URSA INSULATION
12.2.12 SIKA GROUP
12.2.13 CELLOFOAM NORTH AMERICA LIMITED
12.2.14 ODE INSULATION
12.2.15 LLOYD INSULATIONS LIMITED
*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
