Building Thermal Insulation Market In-Depth Analysis by Key Benefits, Capacity

Building Thermal Insulation Market In-Depth
Analysis by Key Benefits, Outlook, Dynamics
and New Technologies Forecast to 2025
“Globally, the Building Thermal Insulation Market is expected to witness an exponential CAGR in the
years to come, providing numerous opportunities for market players to invest in research and
development of the market.”
This could be credited to growth in Construction Industry and the ever-increasing urbanization. Plus, trends
are shifting toward upgradation of padding system (in existence) to suffice construction standards. Users are
emphasizing on lessening energy consumption bills. That’s why retrofitting insulating material in attics and
walls has garnered attention. Besides, stern codes are being implemented by governments for lessening
industrial energy consumption; which would bolster the market further.
The focus is also shifting to core competencies in a broad range of the materials inclusive of XPS and EPS. This
shift is urging manufacturers to improve materialization of optimum distribution channels for eating into the
market share. On these lines, in May 2015, Knauf Insulation inked an agreement with CanWel Building
Materials (Canada) for enhancing the former’s distribution channel.
Call for ecological balance is also driving the market. Industry expansion is being propelled by increasing
energy-efficient green building construction for minimizing carbon footprint and enhancement in thermal
comfort. Adoption of “zero energy buildings” is on the rise.
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The building thermal insulation industry is segmented by material, application, end-use, and geography. By
material, the segmentation goes like open cell materials/wool insulation (glass wool, stone wool, others
(aerogel & cellulose)) and closed cell materials/plastic foams (expanded polystyrene, extruded polystyrene,
polyurethanes, and others). By application, the building thermal insulation market spans wall (air cavity,
external, and internal), roof (pitch and flat), and floor. By end-use, the building thermal insulation industry
comprises industrial, commercial, and residential.
By geography, the building thermal insulation market constitutes North America, Asia Pacific, Europe, MEA,
and LATAM. Asia Pacific is expected to grow at the fastest pace in the upcoming period. This could be
attributed to rise in high industrialization rates and construction spending in the emerging economies like
Indonesia, Malaysia, China, Thailand, and India.
The players contributing to the building thermal insulation market include Armacell, Saint-Gobain, Owens
Corning, Dow Building Solutions, Johns Manville, BASF Polyurethanes, and Huntsman International. Inorganic
growth is on the anvil. For instance – Armacell entered into “partnership of excellence” with KOPP in Mar 2018
to establish long-term technology license render high-quality materials to customers.
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Market Segment:
Building Thermal Insulation Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
• Glass Wool
• Mineral Wool
• EPS
• XPS
• Others
Building Thermal Insulation Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
• Roof
• Walls
• Floor
Building Thermal Insulation End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
• Residential
• Commercial
Building Thermal Insulation Regional Outlook (Volume, Kilotons; Revenue; USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
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