OEM Insulation Market: Demand for Lightweight Polystyrene Insulation on Rise: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028
Industrial growth to set the growth of insulation materials, dominated by Foam plastic insulation
OEM stands for Original Equipment Manufacturer whereas insulation is referred to a product that minimizes heat gain or loss and provide sound attenuation and absorption, as well as critical fire resistance by creating a block between the surfaces. This comprehensive research report covers different materials of OEM insulation namely, glass wool, mineral wool, foamed plastic and others. The foamed plastic is also further sub segmented into extruded polystyrene, expanded polystyrene, Polyurethane foam etc. The research report briefs all about the segments and sub segments. According to the analysis, foamed plastic possess the highest market value during the forecast period, and is expected to reach a market value of over US$ 13,000 Mn by the end of 2028. However, in terms of growth rate mineral wool is expected project a CAGR of 4.5% during the forecast period. The growth of different materials market is also a result of increasing energy costs in industrial operations. As conserving energy usage becomes more crucial than ever, the OEM insulation market is set to reap the rewards dramatically, particularly as sustainable manufacturing in the coming years becomes a priority.
Fire resistance properties of Fiber glass insulation to support it being the most attractive type
Among different material types that are used to make insulation blankets, rolls and batts, fiberglass insulation has been the primary choice for many decades. Along with the popularity of fiberglass, the market also witnesses high prevalence of mineral wool insulation in the coming times. The fire resistance properties associated with fiberglass makes it popular in developing regions like China. Fire safety is a large concern in China, thus the material holds a significantly higher market value in the region. Other than fiber glass, foamed plastic is expected to depict attractive market gains in the near future. Foamed plastic insulation will be used in the OEM applications because of its high insulation values, allowing it to capture market share from fiberglass and mineral wool insulation. Demand for plastic foam insulation will benefit from rising nonresidential construction worldwide, including an expected rebound in Western Europe, will drive insulation usage. Additionally, insulation demand in the industrial, HVAC, and OEM markets will be boosted by expanding manufacturing activity, appliance output, and HVAC system installations.
Hazardous properties of insulation material to hinder the growth of OEM insulation market
Many insulation materials contain CFCs, making it a hazardous waste after demolition.The two most common insulation materials containing CFCs are PUR (polyurethane) and XPS (extruded polystyrene). Currently, transport and destruction of CFC containing insulation components involves expenses. However, the restraint is likely to pose minimal impact as market players are coming up with new technologies to make these solution sustainable. The fluctuation in the raw material price can also be a factor hampering the growth of market. Additives, binders, resins, and pigments are some of the common raw materials used to produce insulation solution. Fluctuations in crude oil prices negatively affect the price of raw materials, thereby influencing the cost of insulation coating.
- 1. Executive Summary
- 1.1. Market Overview
- 1.2. Market Analysis
- 1.3. FMI Analysis and Recommendations
- 1.4. Wheel of Fortune
- 2. Market Introduction
- 2.1. Market Definition
- 2.2. Market Taxonomy
- 2.3. Analyst Credentials
- 2.4. About FMI
- 3. OEM Insulation Market Background
- 3.1. Macro-Economic Factors
- 3.2. Opportunity Analysis
- 3.3. Global Economic Outlook
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Trends
- 3.5. Value Chain Analysis
- 3.6. Forecast Factors – Relevance & Impact
- 4. Global OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 4.1. Market Volume (KT) Projections
- 4.2. Pricing Analysis
- 4.3. Market Size Projections
- 4.3.1. Y-o-Y Projections
- 4.3.2. Absolute $ Opportunity Analysis
- 5. Global OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028, by Material
- 5.1. Introduction
- 5.1.1. Market Value Share Analysis By Material
- 5.1.2. Y-o-Y Growth Analysis By Material
- 5.2. Historical Market Size (US$ Mn) and Volume (KT) By Material, 2013–2017
- 5.3. Market Size (US$ Mn) and Volume (KT) Forecast By Material, 2018-2028
- 5.3.1. Glass Wool
- 5.3.2. Mineral Wool
- 5.3.3. Foamed Plastic
- 5.3.3.1. Extruded Polystyrene
- 5.3.3.2. Expanded Polystyrene
- 5.3.3.3. Polyurethane foam
- 5.3.3.4. Others (Elastomeric Foam etc.)
- 5.3.4. Others (Calcium Silicate, Cellulose, etc.)
- 5.4. Market Attractiveness Analysis By Material
- 6. Global OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028, by Insulation Type
- 6.1. Introduction
- 6.1.1. Market Value Share Analysis By Design
- 6.1.2. Y-o-Y Growth Analysis By Design
- 6.2. Historical Market Size (US$ Mn) and Volume (KT) By Insulation Type, 2013–2017
- 6.3. Market Size (US$ Mn) and Volume (KT) Forecast By Insulation Type, 2018-2028
- 6.3.1. Blanket
- 6.3.2. Rolls and Batts
- 6.3.3. Loose Fill & Others
- 6.4. Market Attractiveness Analysis By Insulation Type
- 7. Global OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028, by End Use
- 7.1. Introduction
- 7.1.1. Market Value Share Analysis By End Use
- 7.1.2. Y-o-Y Growth Analysis By End Use
- 7.2. Historical Market Size (US$ Mn) and Volume (KT) By End Use, 2013–2017
- 7.3. Market Size (US$ Mn) and Volume (KT) Forecast By End Use, 2018-2028
- 7.3.1. Aerospace
- 7.3.2. Automotive
- 7.3.3. Marine
- 7.3.4. HVAC Equipment
- 7.3.5. Building and Construction
- 7.3.6. Consumer Appliances
- 7.3.7. Other Industrial
- 7.4. Market Attractiveness Analysis By End Use
- 8. Global OEM Insulation Market Analysis and Forecast, By Region
- 8.1. Introduction
- 8.1.1. Market Value Share Analysis By Region
- 8.1.2. Y-o-Y Growth Analysis By Region
- 8.2. Historical Market Size (US$ Mn) and Volume (KT) By Region, 2013–2017
- 8.3. Market Size (US$ Mn) and Volume (KT) Forecast By Region, 2018-2028
- 8.3.1. North America
- 8.3.2. Latin America
- 8.3.3. Western Europe
- 8.3.4. Eastern Europe
- 8.3.5. South East Asia & Pacific (SEAP)
- 8.3.6. China
- 8.3.7. India
- 8.3.8. Japan
- 8.3.9. Middle East & Africa
- 8.4. Market Attractiveness Analysis By Region
- 9. North America OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- Market analysis and forecast in U.S. and Canada
- 9.1. Introduction
- 9.2. Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 9.3. Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 9.3.1. By Country
- 9.3.1.1. U.S.
- 9.3.1.2. Canada
- 9.3.2. By Material
- 9.3.3. By Insulation Type
- 9.3.4. By End Use
- 9.4. Market Attractiveness Analysis
- 9.4.1. By Country
- 9.4.2. By Material
- 9.4.3. By Insulation Type
- 9.4.4. By End Use
- 9.5. Drivers and Restraints: Impact Analysis
- 9.6. Key Participants Market Presence Intensity Mapping
- 10. Latin America OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 10.1.Introduction
- 10.2.Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 10.3.Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 10.3.1. By Country
- 10.3.1.1. Brazil
- 10.3.1.2. Mexico
- 10.3.1.3. Rest of Latin America
- 10.3.2. By Material
- 10.3.3. By Insulation Type
- 10.3.4. By End Use
- 10.4.Market Attractiveness Analysis
- 10.4.1. By Country
- 10.4.2. By Material
- 10.4.3. By Insulation Type
- 10.4.4. By End Use
- 10.5.Drivers and Restraints: Impact Analysis
- 10.6.Key Participants Market Presence Intensity Mapping
- 11. Western Europe OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 11.1.Introduction
- 11.2.Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 11.3.Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 11.3.1. By Country
- 11.3.1.1. Germany
- 11.3.1.2. Italy
- 11.3.1.3. France
- 11.3.1.4. United Kingdom
- 11.3.1.5. Spain
- 11.3.1.6. Benelux
- 11.3.1.7. Rest of Western Europe
- 11.3.2. By Material
- 11.3.3. By Insulation Type
- 11.3.4. By End Use
- 11.4.Market Attractiveness Analysis
- 11.4.1. By Country
- 11.4.2. By Material
- 11.4.3. By Insulation Type
- 11.4.4. By End Use
- 11.5.Drivers and Restraints: Impact Analysis
- 11.6.Key Participants Market Presence Intensity Mapping
- 12. Eastern Europe OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 12.1. Introduction
- 12.2. Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 12.3. Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 12.3.1. By Country
- 12.3.1.1. Russia
- 12.3.1.2. Poland
- 12.3.1.3. Rest of Eastern Europe
- 12.3.2. By Material
- 12.3.3. By Insulation Type
- 12.3.4. By End Use
- 12.4.Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Material
- 12.4.3. By Insulation Type
- 12.4.4. By End Use
- 12.5.Drivers and Restraints: Impact Analysis
- 12.6.Key Participants Market Presence Intensity Mapping
- 13. South East Asia & Pacific (SAEP) OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 13.1. Introduction
- 13.2. Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 13.3. Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 13.3.1. By Country
- 13.3.1.1. ASEAN
- 13.3.1.2. Oceania
- 13.3.1.3. Rest of SEA & Pacific
- 13.4.Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Material
- 13.4.3. By Insulation Type
- 13.4.4. By End Use
- 13.5.Drivers and Restraints: Impact Analysis
- 13.6.Key Participants Market Presence Intensity Mapping
- 14. China OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 14.1. Introduction
- 14.2. Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 14.3. Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 14.3.1. By Material
- 14.3.2. By Insulation Type
- 14.3.3. By End Use
- 14.4. Market Attractiveness Analysis
- 14.4.1. By Material
- 14.4.2. By Insulation Type
- 14.4.3. By End Use
- 14.5. Drivers and Restraints: Impact Analysis
- 14.6. Key Participants Market Presence Intensity Mapping
- 15. India OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- Market analysis and forecast in India
- 15.1. Introduction
- 15.2. Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 15.3. Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 15.3.1. By Material
- 15.3.2. By Insulation Type
- 15.3.3. By End Use
- 15.4. Market Attractiveness Analysis
- 15.4.1. By Material
- 15.4.2. By Insulation Type
- 15.4.3. By End Use
- 15.5. Drivers and Restraints: Impact Analysis
- 15.6. Key Participants Market Presence Intensity Mapping
- 16. Japan OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 16.1. Introduction
- 16.2. Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 16.3. Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 16.3.1. By Material
- 16.3.2. By Insulation Type
- 16.3.3. By End Use
- 16.4. Market Attractiveness Analysis
- 16.4.1. By Material
- 16.4.2. By Insulation Type
- 16.4.3. By End Use
- 16.5. Drivers and Restraints: Impact Analysis
- 16.6. Key Participants Market Presence Intensity Mapping
- 17. Middle East & Africa OEM Insulation Market Analysis 2013–2017 and Forecast 2018–2028
- 17.1. Introduction
- 17.2. Historical Market Size (US$ Mn) and Volume (KT) By Market Segments, 2013–2017
- 17.3. Market Size (US$ Mn) and Volume (KT) Forecast By Market Segments, 2018-2028
- 17.3.1. By Country
- 17.3.1.1. GCC Countries
- 17.3.1.2. Turkey
- 17.3.1.3. South Africa
- 17.3.1.4. Rest of MEA
- 17.3.2. By Material
- 17.3.3. By Insulation Type
- 17.3.4. By End Use
- 17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Material
- 17.4.3. By Insulation Type
- 17.4.4. By End Use
- 17.5. Drivers and Restraints: Impact Analysis
- 17.6. Key Participants Market Presence Intensity Mapping
- 18. OEM Insulation Market Industry Structure
- 18.1. Market Analysis by Tier of Companies
- 18.1.1. By Large, Medium and Small
- 18.2. Market Concentration
- 18.2.1. By Top 5 and By Top 10
- 18.3. Market Share Analysis
- 18.3.1. By Large, Medium and Small
- 18.3.2. By Top 5 and By Top 10
- 19. Competition Analysis
- 19.1. Competition Dashboard
- 19.2. Competitive Benchmarking
- 19.3. Profitability and Gross Margin Analysis By Competition
- 19.4. Competition Developments (Mergers, Acquisitions and Expansions)
- 19.5. Competition Deepdive
- 19.5.1. 3M
- 19.5.1.1. Overview
- 19.5.1.2. Product Portfolio
- 19.5.1.3. Profitability by Market Segments (Product/Channel/Region)
- 19.5.1.4. Production Footprint
- 19.5.1.5. Sales Footprint
- 19.5.1.6. Channel Footprint
- 19.5.1.7. Gross Margin Benchmarking
- 19.5.1.8. Strategy Overview
- 19.5.1.8.1. Marketing Strategy
- 19.5.1.8.2. Product Strategy
- 19.5.1.8.3. Channel Strategy
- 19.5.2. Rockwool Group
- 19.5.3. BASF
- 19.5.4. Evonik
- 19.5.5. Paroc Group Oy
- 19.5.6. Owens Corning Insulating Systems, LLC
- 19.5.7. SAINT-GOBAIN
- 19.5.8. Armacell International S.A
- 19.5.9. Johns Manville Corporation
- 19.5.10. ACH Foam Technologies, LLC
- 19.5.11. Henry Company
- 19.5.12. Shannon Enterprises of Western New York Inc.
- 19.5.13. Styrotech, Inc.
- 19.5.14. NCFI Polyurethanes
- 19.5.15. Cellofoam North America Inc.
- 19.5.16. ICP Adhesives and Sealants, Inc. (Fomo Products, Inc.)
- 19.5.17. Knauf Insulation Inc.
- 19.5.18. Kingspan group
- 19.5.19. Honeywell
- 19.5.20. Nippon Aqua Co. Ltd.
- 19.5.21. Kaneka Corporation