Insulation Market Analysis By Product (Fiberglass, Foamed Plastic, Mineral Wool), By Application (Residential Buildings, Non-residential Buildings, Industrial, HVAC & OEM) And Segment Forecasts To 2020
The global insulation market is expected to reach USD 67.16 billion by 2020, according to a new report by Grand View Research, Inc. Growing consumer awareness regarding energy conservation is expected to remain a key driving factor for global insulation market. Favorable regulatory scenario in most parts of the world is also expected to have a positive influence on market growth. In addition, increasing infrastructure spending in emerging markets of Asia Pacific and Latin America is also expected to spur growth over the next five years. Volatile prices of key raw materials are expected to remain a key challenge for the market participants.
Fiberglass emerged as the leading product segment and accounted for over 40% of total market revenue in 2013. Fiberglass is a widely used material in wall insulation and blanket insulation for residential, industrial, and HVAC applications. Fiberglass is also expected to witness the highest growth of 9.1% from 2014 to 2020. Mineral wool is widely used for insulating lofts, wall cavities, internal walls, and external walls. Increasing demand for residential buildings with less sound infiltration in developed countries is expected drive the mineral wool insulation demand.
Further key findings from the report suggest:
Global insulation market was valued at USD 37.94 billion in 2013 and is expected to grow at a CAGR of 8.5% from 2014 to 2020
Residential construction was the leading application segment and accounted for over 50% of the total market revenue in 2013. Growing awareness regarding energy conservation related to thermal insulation is expected to drive segment growth over the forecast period.
Asia Pacific was the leading regional market and accounted for over 40% of global revenue in 2013. Increasing construction spending, particularly in China, India, and Indonesia, is expected to support regional growth over the forecast period.
The industry is highly fragmented with the top four participants Rockwool, Saint-Gobain, Johns Manville, and Knauf and accounted for over 25% of the overall revenue in 2013. In August 2014, Knauf Gips KG acquired Guardian Insulation. The transaction includes Guardian Fiberglass and Guardian Laminated Building Products. Guardian Fiberglass would be incorporated with Knauf Insulation, while Guardian Laminated Building Products would become Sivercote LLC.
Fiberglass emerged as the leading product segment and accounted for over 40% of total market revenue in 2013. Fiberglass is a widely used material in wall insulation and blanket insulation for residential, industrial, and HVAC applications. Fiberglass is also expected to witness the highest growth of 9.1% from 2014 to 2020. Mineral wool is widely used for insulating lofts, wall cavities, internal walls, and external walls. Increasing demand for residential buildings with less sound infiltration in developed countries is expected drive the mineral wool insulation demand.
Further key findings from the report suggest:
Global insulation market was valued at USD 37.94 billion in 2013 and is expected to grow at a CAGR of 8.5% from 2014 to 2020
Residential construction was the leading application segment and accounted for over 50% of the total market revenue in 2013. Growing awareness regarding energy conservation related to thermal insulation is expected to drive segment growth over the forecast period.
Asia Pacific was the leading regional market and accounted for over 40% of global revenue in 2013. Increasing construction spending, particularly in China, India, and Indonesia, is expected to support regional growth over the forecast period.
The industry is highly fragmented with the top four participants Rockwool, Saint-Gobain, Johns Manville, and Knauf and accounted for over 25% of the overall revenue in 2013. In August 2014, Knauf Gips KG acquired Guardian Insulation. The transaction includes Guardian Fiberglass and Guardian Laminated Building Products. Guardian Fiberglass would be incorporated with Knauf Insulation, while Guardian Laminated Building Products would become Sivercote LLC.
CHAPTER 1 EXECUTIVE SUMMARY
1.1 Insulation – Industry Summary & Critical Success Factors (CSFs)
CHAPTER 2 INSULATION INDUSTRY OUTLOOK
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Insulation Value Chain Analysis
2.4 Insulation Market Dynamics
2.4.1 Market driver analysis
2.4.1.1 Increasing government support
2.4.1.2 Increasing demand for industrial and commercial insulation
2.4.1.3 Increasing demand for residential insulation
2.4.2 Market restraint analysis
2.4.2.1 Fluctuating raw material prices
2.4.2.2 Environmental issues
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Insulation - Company Market Share Analysis
2.8 Insulation - PESTEL Analysis
CHAPTER 3 INSULATION PRODUCT OUTLOOK
3.1 Fiberglass
3.1.1. Market estimates and forecast, 2012 - 2020 (USD million)
3.2 Foamed Plastic
3.2.1 Market estimates and forecast, 2012 - 2020 (USD million)
3.3 Mineral Wool
3.3.1. Market estimates and forecast, 2012 - 2020 (USD million)
3.4 Others (wool slag, cotton wool)
3.4.1 Market estimates and forecast, 2012 - 2020 (USD million)
CHAPTER 4 INSULATION APPLICATION OUTLOOK
4.1 Residential Buildings
4.1.1. Global insulation market estimates and forecast, 2012 - 2020 (USD million)
4.2 Non- Residential Buildings
4.2.1 Global insulation market estimates and forecast, 2012 - 2020 (USD million)
4.3 Industrial, HVAC & OEM
4.3.1 Global insulation market estimates and forecast, 2012 - 2020 (USD million)
CHAPTER 5 INSULATION REGIONAL OUTLOOK
5.1 North America
5.1.1 North America Insulation market revenue by product, 2012 - 2020 (USD million)
5.1.2 North America Insulation market revenue by application, 2012 - 2020 (USD million)
5.2 Europe
5.2.1 Europe Insulation market revenue by product, 2012 - 2020 (USD million)
5.2.2 Europe Insulation market revenue by application, 2012 - 2020 (USD million)
5.3 Asia Pacific
5.3.1 Asia Pacific Insulation market revenue by product, 2012 - 2020 (USD million)
5.3.2 Asia Pacific Insulation market revenue by application, 2012 - 2020 (USD million)
5.4 RoW
5.4.1 RoW Insulation market revenue by product, 2012 - 2020 (USD million)
5.4.2 RoW Insulation market revenue by application, 2012 - 2020 (USD million)
CHAPTER 6 INSULATION COMPETITIVE LANDSCAPE
6.1 Atlas Roofing Corporation
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 BASF Polyurethanes GmbH
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Bayer AG
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Byucksan Corp.
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Cellofoam North America Inc.
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Certain Teed
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Chongqing Polycomp International Corp.
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Dailian Rockwool Co. Ltd
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Dow Building Solutions
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 GAF Materials Corp.
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Gurdian Building Products
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Huntsman Corporation
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 John Manville Corp.
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
6.14 Knauf Gips KG
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Initiatives
6.15 Nova Chemicals Corp.
6.15.1 Company Overview
6.15.2 Financial Performance
6.15.3 Product Benchmarking
6.15.4 Strategic Initiatives
6.16 Owen Cornings Corp.
6.16.1 Company Overview
6.16.2 Financial Performance
6.16.3 Product Benchmarking
6.16.4 Strategic Initiatives
6.17 Rockwool International
6.17.1 Company Overview
6.17.2 Financial Performance
6.17.3 Product Benchmarking
6.17.4 Strategic Initiatives
6.18 Rockwool Group
6.18.1 Company Overview
6.18.2 Financial Performance
6.18.3 Product Benchmarking
6.18.4 Strategic Initiatives
6.19 Saint- GobainSA
6.19.1 Company Overview
6.19.2 Financial Performance
6.19.3 Product Benchmarking
6.19.4 Strategic Initiatives
CHAPTER 7 METHODOLOGY & SCOPE
7.1 Research Methodology
7.2 Research Scope & Assumptions
7.3 List of Data Sources
1.1 Insulation – Industry Summary & Critical Success Factors (CSFs)
CHAPTER 2 INSULATION INDUSTRY OUTLOOK
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Insulation Value Chain Analysis
2.4 Insulation Market Dynamics
2.4.1 Market driver analysis
2.4.1.1 Increasing government support
2.4.1.2 Increasing demand for industrial and commercial insulation
2.4.1.3 Increasing demand for residential insulation
2.4.2 Market restraint analysis
2.4.2.1 Fluctuating raw material prices
2.4.2.2 Environmental issues
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Insulation - Company Market Share Analysis
2.8 Insulation - PESTEL Analysis
CHAPTER 3 INSULATION PRODUCT OUTLOOK
3.1 Fiberglass
3.1.1. Market estimates and forecast, 2012 - 2020 (USD million)
3.2 Foamed Plastic
3.2.1 Market estimates and forecast, 2012 - 2020 (USD million)
3.3 Mineral Wool
3.3.1. Market estimates and forecast, 2012 - 2020 (USD million)
3.4 Others (wool slag, cotton wool)
3.4.1 Market estimates and forecast, 2012 - 2020 (USD million)
CHAPTER 4 INSULATION APPLICATION OUTLOOK
4.1 Residential Buildings
4.1.1. Global insulation market estimates and forecast, 2012 - 2020 (USD million)
4.2 Non- Residential Buildings
4.2.1 Global insulation market estimates and forecast, 2012 - 2020 (USD million)
4.3 Industrial, HVAC & OEM
4.3.1 Global insulation market estimates and forecast, 2012 - 2020 (USD million)
CHAPTER 5 INSULATION REGIONAL OUTLOOK
5.1 North America
5.1.1 North America Insulation market revenue by product, 2012 - 2020 (USD million)
5.1.2 North America Insulation market revenue by application, 2012 - 2020 (USD million)
5.2 Europe
5.2.1 Europe Insulation market revenue by product, 2012 - 2020 (USD million)
5.2.2 Europe Insulation market revenue by application, 2012 - 2020 (USD million)
5.3 Asia Pacific
5.3.1 Asia Pacific Insulation market revenue by product, 2012 - 2020 (USD million)
5.3.2 Asia Pacific Insulation market revenue by application, 2012 - 2020 (USD million)
5.4 RoW
5.4.1 RoW Insulation market revenue by product, 2012 - 2020 (USD million)
5.4.2 RoW Insulation market revenue by application, 2012 - 2020 (USD million)
CHAPTER 6 INSULATION COMPETITIVE LANDSCAPE
6.1 Atlas Roofing Corporation
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 BASF Polyurethanes GmbH
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Bayer AG
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Byucksan Corp.
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Cellofoam North America Inc.
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Certain Teed
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Chongqing Polycomp International Corp.
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Dailian Rockwool Co. Ltd
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Dow Building Solutions
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 GAF Materials Corp.
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Gurdian Building Products
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Huntsman Corporation
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 John Manville Corp.
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
6.14 Knauf Gips KG
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Initiatives
6.15 Nova Chemicals Corp.
6.15.1 Company Overview
6.15.2 Financial Performance
6.15.3 Product Benchmarking
6.15.4 Strategic Initiatives
6.16 Owen Cornings Corp.
6.16.1 Company Overview
6.16.2 Financial Performance
6.16.3 Product Benchmarking
6.16.4 Strategic Initiatives
6.17 Rockwool International
6.17.1 Company Overview
6.17.2 Financial Performance
6.17.3 Product Benchmarking
6.17.4 Strategic Initiatives
6.18 Rockwool Group
6.18.1 Company Overview
6.18.2 Financial Performance
6.18.3 Product Benchmarking
6.18.4 Strategic Initiatives
6.19 Saint- GobainSA
6.19.1 Company Overview
6.19.2 Financial Performance
6.19.3 Product Benchmarking
6.19.4 Strategic Initiatives
CHAPTER 7 METHODOLOGY & SCOPE
7.1 Research Methodology
7.2 Research Scope & Assumptions
7.3 List of Data Sources
