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

Published: Jul, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The global market for insulation is expected to reach USD 67.16 billion by 2020. Growing awareness towards building energy efficient homes especially in Asia Pacific and Latin American countries coupled with growth in global construction market is expected to remain a key driving factor for the market over the forecast period. However, volatile pricing nature of key raw material is expected to hamper the market growth over the next six years.

Fiberglass emerged as the leading product segment and accounted for 43.9% of total market revenue in 2013. Fiberglass along with being the largest segment is also expected to be the fastest growing insulation product at an estimated CAGR of 9.1% from 2014 to 2020. Fiberglass was closely followed by foamed plastic, with market revenue estimated to reach USD 26.96 billion by 2020.

Further key findings from the study suggest:

With increasing awareness for energy efficient homes, applications in residential construction emerged as the most dominant segment and accounted for over 50% of total market revenue in 2013. In addition to being the largest application, residential construction is also expected to be the fastest growing application segment, at an estimated CAGR of 10% from 2014 to 2020. Global demand for insulation products in non-residential applications is expected to exceed USD 16 billion by 2020, growing at an estimated CAGR of 7.9% from 2014 to 2020.
Asia Pacific emerged as the leading the regional market for insulation and accounted for 41.8% of total revenue in 2013. Emerging real estate scenario in this region has been contributing to the growth of this market. On account of the above mentioned factors, Asia Pacific is expected to be the fastest growing regional market for insulation at an estimated CAGR of 9.4% from 2014 to 2020.
North America and Europe on the other hand, are fairly mature markets for insulation and are expected to grow below global industry growth rates over the forecast period. North American market for insulation is expected to exceed USD 13 billion by 2020 at an estimated CAGR of 8.1% from 2014 to 2020.
Some of the leading companies operating in the global market for insulation include Owen Cornings Corp, Berkshire-Hathaway, Saint Gobain, Certain Teed, Bayer Material Science, Rockwool International, BASF and Huntsman Corporation among some other companies.
For the purpose of this study, Grand View Research has segmented the insulation market on the basis of product, application and region:

     Global Insulation Product Outlook (Market Revenue, USD Million, 2012 - 2020)
             Fiberglass
             Foamed Plastic
             Mineral Wool
             Others
     Global Insulation Application Outlook (Market Revenue, USD Million, 2012 - 2020)
             Residential Buildings
             Non-Residential Buildings
             Industrial, HVAC & OEM
     Insulation Regional Outlook (Market Revenue, USD Million, 2012 - 2020)
             North America
             Europe
             Asia Pacific
             RoW

 Table of Contents
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. Global fiberglass insulation market estimates and forecast, 2012-2020, (USD million)

                3.2 Foamed Plastic

                    3.2.1 Global foamed plastic insulation market estimates and forecast, 2012-2020, (USD million)

                3.3 Mineral Wool

                    3.3.1. Global mineral wool insulation market estimates and forecast, 2012-2020, (USD million)

                3.4 Others (wool slag, cotton wool)

                    3.4.1 Global other insulation material 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


List of Tables


Insulation - Industry Summary & Critical Success Factors (CSFs)
Global insulation market by revenue, 2012 - 2020 (USD Million)
Global insulation market by region, (revenue), 2012 - 2020 (USD Million)
Global insulation market by product, (revenue), 2012 - 2020 (USD Million)
Global insulation market by application, (revenue), 2012 - 2020 (USD Million)
Insulation - Key driver analysis
Insulation - Key restraint analysis
Global insulation demand for fiberglass, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for fiberglass, by region, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for foamed plastic, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for foamed plastic, by region, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for mineral wool, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for mineral wool, by region, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for others, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for others, by region, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for residential buildings, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for residential buildings, by region, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for non-residential buildings, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for non-residential buildings, by region, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for industrial, HVAC & OEM, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for industrial, HVAC & OEM, by region, (revenue), 2012 - 2020 (USD Million)
North America insulation market revenue, by product, 2012 - 2020 (USD Million)
North America insulation market revenue, by application, 2012 - 2020 (USD Million)
Europe insulation market revenue, by product, 2012 - 2020 (USD Million)
Europe insulation market revenue, by application, 2012 - 2020 (USD Million)
Asia Pacific insulation market revenue, by product, 2012 - 2020 (USD Million)
Asia Pacific insulation market revenue, by application, 2012 - 2020 (USD Million)
RoW insulation market revenue, by product, 2012 - 2020 (USD Million)
RoW insulation market revenue, by application, 2012 - 2020 (USD Million)

List of Figures

Insulation market segmentation
Global insulation market (Revenue), 2012 - 2020 (USD Million)
Insulation - Value chain analysis
Insulation - Market dynamics
Key opportunities prioritized
Industry analysis - Porter's
Insulation - Company market share analysis, 2013
Insulation PESTEL analysis, 2013
Insulation market share, by product, 2013 & 2020
Global insulation demand for fiberglass, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for foamed plastic, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for mineral wool, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for others, (revenue), 2012 - 2020 (USD Million)
Insulation market share, by application, 2013 & 2020
Global insulation demand for residential buildings, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for non-residential buildings, (revenue), 2012 - 2020 (USD Million)
Global insulation demand for industrial, HVAC & OEM, (revenue), 2012 - 2020 (USD Million)
Global insulation market share, by region, 2013 & 2020
North America insulation market estimates and forecast, (revenue), 2012 - 2020 (USD million)
North America insulation market estimates and forecast, by product, (revenue), 2012 - 2020 (USD million)
North America insulation market estimates and forecast, by application, (revenue), 2012 - 2020 (USD million)
Europe insulation market estimates and forecast, (revenue), 2012 - 2020 (USD million)
Europe insulation market estimates and forecast, by product, (revenue), 2012 - 2020 (USD million)
Europe insulation market estimates and forecast, by application, (revenue), 2012 - 2020 (USD million)
Asia Pacific insulation market estimates and forecast, (revenue), 2012 - 2020 (USD million)
Asia Pacific insulation market estimates and forecast, by product, (revenue), 2012 - 2020 (USD million)
Asia Pacific insulation market estimates and forecast, by application, (revenue), 2012 - 2020 (USD million)
RoW insulation market estimates and forecast, (revenue), 2012 - 2020 (USD million)
RoW insulation market estimates and forecast, by product, (revenue), 2012 - 2020 (USD million)
RoW insulation market estimates and forecast, by application, (revenue), 2012 - 2020 (USD million)