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Analysis of the Global Thermal Insulation Market

Analysis of the Global Thermal Insulation Market

The thermal insulation market is at the forefront in terms of product development and technological advancements. The market is primarily focused on improving fire retardance properties and recyclable attributes of thermal insulation products. Furthermore, there is an increasing demand for easy-to-install materials as the DIY market is gaining prominence which is driving the loose-fill and spray foam products.

Growing energy prices and electricity bills have been a major reason for concern in the residential sector, prompting home owners to either insulate their new homes or upgrade their existing insulation system. Accordingly, builders and contractors focus more on insulating the roof as 􂀀% of the total energy is lost through it in a conventional house. This is expected to be a major driver for the insulation market.

The growth of most widely used insulation materials such as glass wool and expanded polystyrene (EPS) is expected to slow down due to market saturation in regions such as Europe and North America. Furthermore, the demand for insulation materials which offer higher R-values and superior fire resistance to meet the codal requirements is expected to bring down the demand of the aforementioned materials and make way for premium products such as polyisocyanurate (PIR) and extruded polystyrene (XPS).

Dynamics in the thermal insulation market focus around new construction and refurbishment opportunities in both residential and non-residential sectors which differ across regions. For instance, the market is heavily inclined towards refurbishment projects in Europe due to the lack of new construction; while in the Asia-Pacific (APAC), the market is driven by the non-residential sector.

APAC will continue to lead the market in terms of volume and growth potential in correlation to the faster growing application segments. The rest of the world (ROW) region is expected to be the second-fastest growing market, with Russia and Turkey emerging as the market hotspots for thermal insulation manufacturers. North America and Europe are expected to witness moderate growth due to the resurgence in construction activities.

About this report

The study presents an assessment of the current status and future prospects of the global thermal insulation market. It takes into account the revenues generated from the global thermal insulation material sales from 2011 to 2021. Revenue is recorded at the manufacturer level. The study covers 6 main types of insulation materials – PUR, PIR, EPS, XPS, stone wool, and glass wool. The end user scope includes residential buildings (single-family housing, multi-family housing, and high-rise) and non-residential buildings (commercial buildings, institutional buildings, and industrial buildings). HVAC systems and technical insulation are not considered within scope. The base year is 2014, with forecasts up to 2021.


  • Executive Summary
    • Key Findings
    • Executive Summary-Strategic Factsheet
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Market Definitions
    • Market Overview
    • Market Overview-Technology Dynamics
    • Market Overview-Geographic Scope
    • Key Questions This Study Will Answer
    • Market Segmentation
    • Total Thermal Insulation Market-Value Chain
    • Value Chain Discussion
  • Drivers and Restraints-Total Thermal Insulation Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
      • Table Percent Change in Construction Output, Europe, 2009-2015
  • Forecasts and Trends-Total Thermal Insulation Market
    • Market Engineering Measurements
      • Table Total Thermal Insulation Market: Market Engineering Measurements, Global, 2014
    • Forecast Assumptions
    • Total Thermal Insulation Market-Volume and Revenue Forecast
      • Table Total Thermal Insulation Market: Volume and Revenue Forecast, Global, 2011-2021
    • Major Companies
  • CEO's 360 Degree Perspective on the Total Thermal Insulation Market
    • CEO's 360 Degree Perspective
  • Polyurethane (PU) Insulation Segment Analysis
    • Polyurethane Insulation Segment-Key Findings
    • Polyurethane Insulation Segment-Overview
    • Polyurethane Insulation Segment-Definitions
    • Market Engineering Measurements
      • Table Polyurethane Insulation Market: Market Engineering Measurements, Global, 2014
    • Polyurethane Insulation Segment-Volume and Revenue Forecast
      • Table Polyurethane Insulation Segment: Volume and Revenue Forecast, Global, 2011-2021
  • North America-Product Breakdown Analysis
    • PUR Insulation Segment-Volume and Revenue Forecast
      • Table PUR Insulation Segment: Volume and Revenue Forecast, North America, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PUR Insulation Segment: Average Price Forecast, North America, 2011-2021
    • PIR Insulation Segment-Volume and Revenue Forecast
      • Table PIR Insulation Segment: Volume and Revenue Forecast, North America, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PIR Insulation Segment: Average Price Forecast, North America, 2011-2021
    • Units Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • Europe-Product Breakdown Analysis
    • PUR Insulation Segment-Volume and Revenue Forecast
      • Table PUR Insulation Segment: Volume and Revenue Forecast, Europe, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PUR Insulation Segment: Average Price Forecast, Europe, 2011-2021
    • PIR Insulation Segment-Volume and Revenue Forecast
      • Table PIR Insulation Segment: Volume and Revenue Forecast, Europe, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PIR Insulation Segment: Average Price Forecast, Europe, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • APAC-Product Breakdown Analysis
    • PUR Insulation Market-Volume and Revenue Forecast
      • Table PUR Insulation Segment: Volume and Revenue Forecast, APAC, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PUR Insulation Segment: Average Price Forecast, APAC, 2011-2021
    • PIR Insulation Segment-Volume and Revenue Forecast
      • Table PIR Insulation Segment: Volume and Revenue Forecast, APAC, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PIR Insulation Segment: Average Price Forecast, APAC, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • ROW-Product Breakdown Analysis
    • PUR Insulation Segment-Volume and Revenue Forecast
      • Table PUR Insulation Segment: Volume and Revenue Forecast, ROW, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PUR Insulation Segment: Average Price Forecast, ROW, 2011-2021
    • PIR Insulation Segment-Volume and Revenue Forecast
      • Table PIR Insulation Segment: Volume and Revenue Forecast, ROW, 2011-2021
    • Revenue and Unit Shipment Forecast Discussion
    • Pricing Trends and Forecast
      • Table PIR Insulation Segment: Average Price Forecast, ROW, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • Market Share and Competitive Analysis-Polyurethane (PU) Insulation Segment
    • Market Share
    • Competitive Environment
    • Competitive Factors and Assessment
  • Polystyrene (PS) Insulation Segment Analysis
    • Polystyrene Insulation Segment-Key Findings
    • Polystyrene Insulation Segment-Overview
    • Polystyrene Insulation Segment-Definitions
      • Table Polystyrene Insulation Segment: Product Comparison, Global, 2014
    • Market Engineering Measurements
      • Table Polystyrene Insulation Market: Market Engineering Measurements, Global, 2014
    • Polystyrene Insulation Segment-Volume and Revenue Forecast
      • Table Polystyrene Insulation Segment: Volume and Revenue Forecast, Global, 2011-2021
  • North America-Product Breakdown Analysis
    • EPS Insulation Segment-Volume and Revenue Forecast
      • Table EPS Insulation Segment: Volume and Revenue Forecast, North America, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table EPS Insulation Segment: Average Price Forecast, North America, 2011-2021
    • XPS Insulation Segment-Volume and Revenue Forecast
      • Table XPS Insulation Segment: Volume and Revenue Forecast, North America, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table XPS Insulation Segment: Average Price Forecast, North America, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • Europe-Product Breakdown Analysis
    • EPS Insulation Segment-Volume and Revenue Forecast
      • Table EPS Insulation Segment: Volume and Revenue Forecast, Europe, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table EPS Insulation Segment: Average Price Forecast, Europe, 2011-2021
    • XPS Insulation Segment-Volume and Revenue Forecast
      • Table XPS Insulation Segment: Volume and Revenue Forecast, Europe, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table XPS Insulation Segment: Average Price Forecast, Europe, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • APAC-Product Breakdown Analysis
    • EPS Insulation Segment-Volume and Revenue Forecast
      • Table EPS Insulation Segment: Volume and Revenue Forecast, APAC, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table EPS Insulation Segment: Average Price Forecast, APAC, 2011-2021
    • XPS Insulation Segment-Volume and Revenue Forecast
      • Table XPS Insulation Segment: Volume and Revenue Forecast, APAC, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table XPS Insulation Segment: Average Price Forecast, APAC, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • ROW-Product Breakdown Analysis
    • EPS Insulation Segment-Volume and Revenue Forecast
      • Table EPS Insulation Segment: Volume and Revenue Forecast, ROW, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table EPS Insulation Segment: Average Price Forecast, ROW, 2011-2021
    • XPS Insulation Market-Volume and Revenue Forecast
      • Table XPS Insulation Segment: Volume and Revenue Forecast, ROW, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table XPS Insulation Segment: Average Price Forecast, ROW, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • Market Share and Competitive Analysis-Polystyrene Insulation Segment
    • Market Share
    • Competitive Environment
    • Competitive Factors and Assessment
  • Mineral Fiber Insulation Segment Analysis
    • Mineral Fiber Insulation Market-Key Findings
    • Mineral Fiber Insulation Market-Overview
    • Mineral Fiber Insulation Segment-Definitions
    • Market Engineering Measurements
      • Table Mineral Fiber Insulation Segment: Market Engineering Measurements, Global, 2014
    • Mineral Fiber Insulation Segment-Volume and Revenue Forecast
      • Table Mineral Fiber Insulation Segment: Volume and Revenue Forecast, Global, 2011-2021
  • North America-Product Breakdown Analysis
    • Glass Wool Insulation Segment-Volume and Revenue Forecast
      • Table Glass Wool Insulation Segment: Volume and Revenue Forecast, North America, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Glass Wool Insulation Segment: Average Price Forecast, North America, 2011-2021
    • Stone Wool Insulation Segment-Volume and Revenue Forecast
      • Table Stone Wool Insulation Segment: Volume and Revenue Forecast, North America, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Stone Wool Insulation Segment: Average Price Forecast, North America, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • Europe-Product Breakdown Analysis
    • Glass Wool Insulation Segment-Volume and Revenue Forecast
      • Table Glass Wool Insulation Segment: Volume and Revenue Forecast, Europe, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Glass Wool Insulation Segment: Average Price Forecast, Europe, 2011-2021
    • Stone Wool Insulation Segment-Volume and Revenue Forecast
      • Table Stone Wool Insulation Segment: Volume and Revenue Forecast, Europe, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Stone Wool Insulation Segment: Average Price Forecast, Europe, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • APAC-Product Breakdown Analysis
    • Glass Wool Insulation Segment-Volume and Revenue Forecast
      • Table Glass Wool Insulation Segment: Volume and Revenue Forecast, APAC, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Glass Wool Insulation Segment: Average Price Forecast, APAC, 2011-2021
    • Stone Wool Insulation Segment-Volume and Revenue Forecast
      • Table Stone Wool Insulation Segment: Volume and Revenue Forecast, APAC, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Stone Wool Insulation Segment: Average Price Forecast, APAC, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • ROW-Product Breakdown Analysis
    • Glass Wool Insulation Segment-Volume and Revenue Forecast
      • Table Glass Wool Insulation Segment: Volume and Revenue Forecast, ROW, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Glass Wool Insulation Segment: Average Price Forecast, ROW, 2011-2021
    • Stone Wool Insulation Market-Volume and Revenue Forecast
      • Table Stone Wool Insulation Segment: Volume and Revenue Forecast, ROW, 2011-2021
    • Unit Shipment and Revenue Forecast Discussion
    • Pricing Trends and Forecast
      • Table Stone Wool Insulation Segment: Average Price Forecast, ROW, 2011-2021
    • Unit Shipment Forecast by Residential and Non-residential Sectors
    • Unit Shipment Forecast by New Construction and Refurbishment Projects
    • End-user Forecast Discussion
    • Unit Shipment Forecast by Method of Application
    • Unit Shipment Forecast by Area of Application
  • Market Share and Competitive Analysis-Mineral Fiber Insulation Segment
    • Market Share
    • Competitive Environment
    • Competitive Factors and Assessment
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • Partial List of Companies Interviewed
    • Abbreviations and Acronyms Used

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