Building Thermal Insulation Market

Global Building Thermal Insulation Market is projected to grow at a significant CAGR from 2017 to 2025  

Thermal insulation is the method of reducing heat transfer between adjacent environments and maintaining an ambient temperature indoors. Thermal insulation in buildings helps reduce the carbon footprint as it utilizes less energy to maintain a temperature and limits the conduction of heat to the external environment. Thermally insulated homes and buildings are less affected by external environmental temperature. Growing public awareness about the need to save energy is another driving factor for home insulation market. Non-residential insulation is another important application of insulation materials. Green buildings with very low energy consumptions are provided with tax benefits by several governments around the world, which promotes the building insulation market. Based on application, the global building thermal insulation market is segmented into wall insulation, which consists of cavity walls, external walls, internals, and roof insulation, which consists of pitch roof and flat roof and floor insulation. The wall insulation segment captures majority of the market share and roof insulation is expected to grow in forthcoming years. The growth of the flat roof insulation segment under roof insulation depends on the success of the construction and building sector; buildings with flat roofs are usually non-residential, such as logistics centers, supermarkets, factories, and airports. Floor insulation is equally important, as rapid urbanization coupled with increasing construction spending will create positive outlook for the product.

Rising population, increasing preference for nuclear families along with high consumer spending will provide positive outlook for the industry growth. The major restraints of the market are slow growth of construction sector in Europe, and lack of awareness about energy saving among people.

The report is designed to provide a complete view on the global Building Thermal Insulation market. The report has been categorised into qualitative and quantitative insights over the forecast period (2017-2025). The demand and supply matrix section falls under the qualitative information category wherein the market dynamics for Building Thermal Insulation market has been studied considering a short term forecast of the factors/ variables which have an impact on Building Thermal Insulation market. The market segments and their respective estimates & forecasts has been covered under the quantitative information category. Regional estimates and forecasts & trend analysis for each country and region is also available in the study. The report concludes by providing the competitive landscape of the major market participants which are profiled by analysing their organic & inorganic growth strategies, regional presence, and product portfolio among others.

Study Technique: Global Building Thermal Insulation Market

The global Building Thermal Insulation market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process. The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Building Thermal Insulation market. The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers. Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing Building Thermal Insulation, and customer analytics.

Global Building Thermal Insulation Market, By Type

Based on type, the global building thermal insulation is segmented into wool insulation and plastic foams. The wool insulation segment consists of stone wool and glass wool, whereas, the plastic foams segment consists of EPS, XPS and Pur foams. The wool insulation segment captures the maximum share of the overall market while plastic foams is expected to witness the highest growth rate in coming years. The demand for plastic foam insulation is increasing because of its attributes such as higher thermal resistance, versatility, strength, and life span.

End-User Landscape (Consumer Profile): Building Thermal Insulation Market

Companies such as Rockwool International A/S, BASF SE, Johns Manville Inc., Knauf Insulation, and Saint-Gobain, among others are investing extensively in the manufacturing and sale of Building Thermal Insulation, which presents a huge opportunity to Building Thermal Insulation suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others.

Competitive Landscape:

Rockwool International A/S, BASF SE, Johns Manville Inc., Knauf Insulation, Saint-Gobain, Owens Corning Corporation, and Paroc, among others account for the major share in Building Thermal Insulation market. Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. The other companies profiled in the report include: Kingspan Group PLC, GAF, and Beijing New Building Material (Group) Co. Ltd.

Please note: This is not an exhaustive list of companies profiled in the report.