Industrial Insulation - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Industrial Insulation Market is accounted for $2.06 billion in 2019 and is expected to reach $3.40 billion by 2027 growing at a CAGR of 6.5% during the forecast period. Regulations mandating the use of insulation for energy conservation and rising power and energy requirements in emerging as well as developed economies are the major factors propelling the market growth. However, factors such as low awareness regarding the usage of insulation products and fluctuating raw material prices due to volatility in crude oil prices are hampering the market growth.
Insulation is a layer or coating of resistant material, which serves as a barrier to the targeted energy. Insulation protects industrial appliances from fire hazards, prevents the condensation of moisture on the equipment, and protects the equipment at extremely low or high temperatures leading to reduced accidental risks. Insulation eliminates the heat transfer out of the equipment system and improves machine performance by making manufacturing processes more efficient. It offers frost protection to pipelines at low temperatures which makes it suitable for transportation equipment. In addition, it also helps in lowering the manufacturing and energy cost leading to an increased adoption of industrial insulation.
Based on end user, the power generation segment is going to have a lucrative growth during the forecast period owing to stringent regulations mandating the use of industrial insulation to conserve energy and achieve efficiency in operations. Calcium silicate is one of the most widely used insulation materials in the power generation industry. It is used to insulate high-temperature pipes and equipment and for fire endurance applications. In the power generation industry, industrial insulation is used to cover a variety of equipment, such as steam pipes, heat storage tanks, and boilers.
By geography, North America is going to have a lucrative growth during the forecast period due to the implementation of new provincial building codes in several provinces addressing energy consumption in commercial buildings. Rise in the demand for high-quality products in order to reduce carbon emissions is expected to drive the regional market. Increasing number of recovery construction projects in the U.S., particularly in the commercial segments is projected to augment the growth. Rising awareness related to environment-friendly construction practices in the country is expected to further propel the product demand on account of its ability to reduce energy consumption.
Some of the key players profiled in the Industrial Insulation Market include Armacell International SA, BASF SE, Berkshire Hathaway Incorporated, Insulcon BV, Johns Manville, Kingspan Group PLC, Knauf Insulation, Nichias Corporation, Owens Corning, Paroc Group, Refractory Specialties Incorporated, Rockwool Group, Saint Gobain, Samhwa Chemicals Co., , Ltd, Solvay, and Thomas Insulation Corporation.
Types Covered:
• Thermal Insulation
• Acoustic Insulation
• Moisture Proof
Products Covered:
• Wraps/Sheets
• Coatings
• Adhesive & Sealants
Forms Covered:
• Pipe
• Blanket
• Board
Materials Covered:
• Aerogel
• Calcium Silicate
• Calcium, Magnesium, and Silica (CMS) Fibers
• Cellular Glass
• Cellulose
• Elastomeric Foam
• Fiber Glass
• Micro Silica
• Mineral Wool
• Perlite
• Plastic Foams
End Users Covered:
• Automotive
• Boilers
• Cement
• Construction
• Eco-Industrial Park (EIP) Industries
• Electrical and Electronics
• Food & Beverage
• Heat Exchangers
• Hot & Cold Process Equipments
• Oil
• Gas
• Petrochemical & Refineries
• Power Generation
• Steel Manufacturing
• Storage Tanks
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Industrial Insulation Market, By Type
5.1 Introduction
5.2 Thermal Insulation
5.3 Acoustic Insulation
5.4 Moisture Proof
6 Global Industrial Insulation Market, By Product
6.1 Introduction
6.2 Wraps/Sheets
6.3 Coatings
6.4 Adhesive & Sealants
7 Global Industrial Insulation Market, By Form
7.1 Introduction
7.2 Pipe
7.3 Blanket
7.4 Board
8 Global Industrial Insulation Market, By Material
8.1 Introduction
8.2 Aerogel
8.3 Calcium Silicate
8.4 Calcium, Magnesium, and Silica (CMS) Fibers
8.5 Cellular Glass
8.6 Cellulose
8.7 Elastomeric Foam
8.8 Fiber Glass
8.9 Micro Silica
8.10 Mineral Wool
8.10.1 Glass Wool
8.10.2 Stone Wool
8.11 Perlite
8.12 Plastic Foams
8.12.1 Polyurethane (PU)
8.12.2 Polystyrene (PS)
8.12.3 Polypropylene (PP)
9 Global Industrial Insulation Market, By End User
9.1 Introduction
9.2 Automotive
9.3 Boilers
9.4 Cement
9.5 Construction
9.6 Eco-Industrial Park (EIP) Industries
9.7 Electrical and Electronics
9.8 Food & Beverage
9.9 Heat Exchangers
9.10 Hot & Cold Process Equipments
9.11 Oil
9.12 Gas
9.12.1 Liquified Petroleum Gas (LPG)/ Liquified Natural Gas (LNG)
9.13 Petrochemical & Refineries
9.14 Power Generation
9.15 Steel Manufacturing
9.16 Storage Tanks
10 Global Industrial Insulation Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Armacell International SA
12.2 BASF SE
12.3 Berkshire Hathaway Incorporated
12.4 Insulcon BV
12.5 Johns Manville
12.6 Kingspan Group PLC
12.7 Knauf Insulation
12.8 Nichias Corporation
12.9 Owens Corning
12.10 Paroc Group
12.11 Refractory Specialties Incorporated
12.12 Rockwool Group
12.13 Saint Gobain
12.14 Samhwa Chemicals Co., Ltd
12.15 Solvay
12.16 Thomas Insulation Corporation
List of Tables
1 Global Industrial Insulation Market Outlook, By Region (2018-2027) ($MN)
2 Global Industrial Insulation Market Outlook, By Type (2018-2027) ($MN)
3 Global Industrial Insulation Market Outlook, By Thermal Insulation (2018-2027) ($MN)
4 Global Industrial Insulation Market Outlook, By Acoustic Insulation (2018-2027) ($MN)
5 Global Industrial Insulation Market Outlook, By Moisture Proof (2018-2027) ($MN)
6 Global Industrial Insulation Market Outlook, By Product (2018-2027) ($MN)
7 Global Industrial Insulation Market Outlook, By Wraps/Sheets (2018-2027) ($MN)
8 Global Industrial Insulation Market Outlook, By Coatings (2018-2027) ($MN)
9 Global Industrial Insulation Market Outlook, By Adhesive & Sealants (2018-2027) ($MN)
10 Global Industrial Insulation Market Outlook, By Form (2018-2027) ($MN)
11 Global Industrial Insulation Market Outlook, By Pipe (2018-2027) ($MN)
12 Global Industrial Insulation Market Outlook, By Blanket (2018-2027) ($MN)
13 Global Industrial Insulation Market Outlook, By Board (2018-2027) ($MN)
14 Global Industrial Insulation Market Outlook, By Material (2018-2027) ($MN)
15 Global Industrial Insulation Market Outlook, By Aerogel (2018-2027) ($MN)
16 Global Industrial Insulation Market Outlook, By Calcium Silicate (2018-2027) ($MN)
17 Global Industrial Insulation Market Outlook, By Calcium, Magnesium, and Silica (CMS) Fibers (2018-2027) ($MN)
18 Global Industrial Insulation Market Outlook, By Cellular Glass (2018-2027) ($MN)
19 Global Industrial Insulation Market Outlook, By Cellulose (2018-2027) ($MN)
20 Global Industrial Insulation Market Outlook, By Elastomeric Foam (2018-2027) ($MN)
21 Global Industrial Insulation Market Outlook, By Fiber Glass (2018-2027) ($MN)
22 Global Industrial Insulation Market Outlook, By Micro Silica (2018-2027) ($MN)
23 Global Industrial Insulation Market Outlook, By Mineral Wool (2018-2027) ($MN)
24 Global Industrial Insulation Market Outlook, By Glass Wool (2018-2027) ($MN)
25 Global Industrial Insulation Market Outlook, By Stone Wool (2018-2027) ($MN)
26 Global Industrial Insulation Market Outlook, By Perlite (2018-2027) ($MN)
27 Global Industrial Insulation Market Outlook, By Plastic Foams (2018-2027) ($MN)
28 Global Industrial Insulation Market Outlook, By Polyurethane (PU) (2018-2027) ($MN)
29 Global Industrial Insulation Market Outlook, By Polystyrene (PS) (2018-2027) ($MN)
30 Global Industrial Insulation Market Outlook, By Polypropylene (PP) (2018-2027) ($MN)
31 Global Industrial Insulation Market Outlook, By End User (2018-2027) ($MN)
32 Global Industrial Insulation Market Outlook, By Automotive (2018-2027) ($MN)
33 Global Industrial Insulation Market Outlook, By Boilers (2018-2027) ($MN)
34 Global Industrial Insulation Market Outlook, By Cement (2018-2027) ($MN)
35 Global Industrial Insulation Market Outlook, By Construction (2018-2027) ($MN)
36 Global Industrial Insulation Market Outlook, By Eco-Industrial Park (EIP) Industries (2018-2027) ($MN)
37 Global Industrial Insulation Market Outlook, By Electrical and Electronics (2018-2027) ($MN)
38 Global Industrial Insulation Market Outlook, By Food & Beverage (2018-2027) ($MN)
39 Global Industrial Insulation Market Outlook, By Heat Exchangers (2018-2027) ($MN)
40 Global Industrial Insulation Market Outlook, By Hot & Cold Process Equipments (2018-2027) ($MN)
41 Global Industrial Insulation Market Outlook, By Oil (2018-2027) ($MN)
42 Global Industrial Insulation Market Outlook, By Gas (2018-2027) ($MN)
43 Global Industrial Insulation Market Outlook, By Liquified Petroleum Gas (LPG)/ Liquified Natural Gas (LNG) (2018-2027) ($MN)
44 Global Industrial Insulation Market Outlook, By Petrochemical & Refineries (2018-2027) ($MN)
45 Global Industrial Insulation Market Outlook, By Power Generation (2018-2027) ($MN)
46 Global Industrial Insulation Market Outlook, By Steel Manufacturing (2018-2027) ($MN)
47 Global Industrial Insulation Market Outlook, By Storage Tanks (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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