Global Industrial Insulation Market
Global Industrial Insulation Market By Form, By Material, By End Use Industry, By Geography Scope And Forecast
According to Verified Market Research, the Global Industrial Insulation Market was valued at USD 11.14 Billion in 2018 and is expected to witness a growth of 6.17% from 2019-2026 and reach USD 17.80 Billion by 2026.
Insulation is defined as those materials or combinations of materials that are used for retarding the flow of energy. Various industries use various insulation products for energy conservation and enhancing the operating efficiency of heating/ventilating/cooling, steam, process & power systems found in industrial installations.
The industrial insulation fulfills the purpose of protecting and avoiding energy loss from the body it is applied to. Moreover, it is also used for facilitating temperature control of the process, preventing or reducing the damage to equipment from exposure to fire or corrosive atmospheres and reduction of emission of pollutants to the environment.
Insulation at an industrial level plays a very crucial role as it retards the flow of heat energy. Various industrial insulation materials are used enhancing the operating efficiency of heating/ventilating/cooling, steam, process, and power systems found in industrial installations. Insulation helps in conserving energy by reducing heat loss or gain and also facilitate the temperature control of the process. Moreover, it also helps in absorbing sounds and vibrations produced during industrial processing. This factor possesses the potential of driving the global industrial insulation market.
Investments in insulation comprise of material costs and installation costs could potentially hinder the market growth rate for industrial insulation market. Material costs consist of the costs of both insulation material and cladding. Insulation lifetime varies from one application to the other. Longer lifetimes increase the profitability of investments in insulation. The life cycle cost consists of major components namely, cost of insulation installation and running of equipment which is usually high at an industrial level. Therefore, it can be concluded that the high cost of the investment could potentially act as a restraining factor for the growth of the industrial insulation market.
The Global Industrial Insulation Market is segmented on the basis of material, form, end-use industry and Geography. The gist of breaking down the market into various segments is to gather information about various aspects of the market.
On the basis of Form, the market is bifurcated on the basis of Blanket, Board, Pipe, and Others. The blanket is expected to account for the largest market share in 2018, is projected to grow at the highest CAGR of xx% during the forecast period owing to various end-use applications such as Industrial process piping insulation, Industrial boiler insulation, Industrial duct insulation, Industrial acoustic insulation, etc.
In terms of material, the market is bifurcated on the basis of Fiberglass, Mineral Wool, Plastic Foams, Calcium Silicate, Cellular Glass, Elastomeric Foam, Ceramics, Perlite, and Others. Fiberglass accounted for a significant market share (~30%) in 2018. The Asia Pacific is expected to hold the largest market share in the Global Industrial Insulation Market
- 1 INTRODUCTION
- 1.1 MARKET DEFINITION
- 1.2 MARKET SEGMENTATION
- 1.3 RESEARCH TIMELINES
- 1.4 ASSUMPTIONS
- 1.5 LIMITATIONS
- 2 RESEARCH METHODOLOGY
- 2.1 DATA MINING
- 2.2 SECONDARY RESEARCH
- 2.3 PRIMARY RESEARCH
- 2.4 SUBJECT MATTER EXPERT ADVICE
- 2.5 QUALITY CHECK
- 2.6 FINAL REVIEW
- 2.7 DATA TRIANGULATION
- 2.8 BOTTOM-UP APPROACH
- 2.9 TOP DOWN APPROACH
- 2.1 RESEARCH FLOW
- 2.11 DATA SOURCES
- 3 EXECUTIVE SUMMARY
- 3.1 MARKET OVERVIEW
- 3.2 GLOBAL INDUSTRIAL INSULATION MARKET, BY MATERIAL (USD MILLION)
- 3.3 GLOBAL INDUSTRIAL INSULATION MARKET, BY FORM (USD MILLION)
- 3.4 GLOBAL INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY (USD MILLION)
- 3.5 FUTURE MARKET OPPORTUNITIES
- 3.6 GLOBAL MARKET SPLIT
- 4 MARKET OUTLOOK
- 4.1 GLOBAL INDUSTRIAL INSULATION MARKET OUTLOOK
- 4.2 MARKET DRIVERS
- 4.2.1 GROWING END USE INDUSTRIES OPERATING ON HIGH TEMPERATURES
- 4.2.2 STRICT REGULATIONS MANDATING INSULATION MATERIALS USAGE FOR ENERGY CONSERVATION
- 4.3 MARKET RESTRAINTS
- 4.3.1 HIGH INVESTMENT COST FOR INDUSTRIAL INSULATION
- 4.4 MARKET OPPORTUNITIES
- 4.4.1 INCREASING AWARENESS REGARDING THE BENEFITS OF INSULATION IN THE INDUSTRIAL SECTOR
- 4.5 MARKET CHALLENGES
- 4.5.1 VOLATILITY IN THE PRICES OF THE KEY RAW MATERIALS
- 5 MARKET, BY FORM
- 5.1 OVERVIEW
- 5.2 BLANKET
- 5.3 PIPE
- 5.4 BOARD
- 5.5 OTHERS
- 6 MARKET, BY MATERIAL
- 6.1 OVERVIEW
- 6.2 CALCIUM SILICATE
- 6.3 MINERAL WOOL
- 6.4 PLASTIC FOAMS
- 6.5 FIBERGLASS
- 6.6 CERAMICS
- 6.7 CELLULAR GLASS
- 6.8 PERLITE
- 6.9 ELASTOMERIC FOAM
- 6.1 OTHERS
- 7 MARKET, BY END USE INDUSTRY
- 7.1 OVERVIEW
- 7.2 CHEMICAL & PETROCHEMICAL
- 7.3 POWER
- 7.4 OIL & GAS
- 7.5 CEMENT
- 7.6 FOOD & BEVERAGES
- 7.7 OTHERS
- 8 MARKET, BY GEOGRAPHY
- 8.1 OVERVIEW
- 8.2 NORTH AMERICA
- 8.3 EUROPE
- 8.4 ASIA PACIFIC
- 8.5 ROW
- 8.5.1 MIDDLE EAST AND AFRICA
- 8.5.2 LATIN AMERICA
- 8.5.2.1 Mexico
- 8.5.2.2 Brazil
- 8.5.2.3 Chile
- 8.5.2.4 Argentina
- 8.5.2.5 Columbia
- 8.5.2.6 Peru
- 8.5.2.7 Rest of Latin America
- 9 COMPETITIVE LANDSCAPE
- 9.1 OVERVIEW
- 9.2 KEY DEVELOPMENT STRATEGIES
- 9.3 COMPANY RANKING ANALYSIS
- 10 COMPANY PROFILES
- 10.1 OWENS CORNING
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 COMPANY INSIGHTS
- 10.1.3 SEGMENT BREAKDOWN
- 10.1.4 PRODUCT BENCHMARKING
- 10.1.5 KEY DEVELOPMENT
- 10.1.6 SWOT ANALYSIS
- 10.2 SAINT-GOBAIN S.A.
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 COMPANY INSIGHTS
- 10.2.3 SEGMENT BREAKDOWN
- 10.2.4 PRODUCT BENCHMARKING
- 10.2.5 SWOT ANALYSIS
- 10.3 KNAUF INSULATION
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 COMPANY INSIGHTS
- 10.3.3 PRODUCT BENCHMARKING
- 10.3.4 KEY DEVELOPMENT
- 10.3.5 SWOT ANALYSIS
- 10.4 JOHNS MANVILLE
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 COMPANY INSIGHTS
- 10.4.3 PRODUCT BENCHMARKING
- 10.4.4 KEY DEVELOPMENT
- 10.5 KINGSPAN GROUP
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 COMPANY INSIGHTS
- 10.5.3 SEGMENT BREAKDOWN
- 10.5.4 PRODUCT BENCHMARKING
- 10.5.5 KEY DEVELOPMENT
- 10.6 PROMAT INC. (ETEX GROUP)
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 COMPANY INSIGHTS
- 10.6.3 SEGMENT BREAKDOWN
- 10.6.4 PRODUCT BENCHMARKING
- 10.7 ROCKWOOL
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 COMPANY INSIGHTS
- 10.7.3 SEGMENT BREAKDOWN
- 10.7.4 PRODUCT BENCHMARKING
- 10.7.5 KEY DEVELOPMENT
- 10.8 ARMACELL INTERNATIONAL S.A.
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 COMPANY INSIGHTS
- 10.8.3 SEGMENT BREAKDOWN
- 10.8.4 COMPANY LANDSCAPE
- 10.9 CABOT CORPORATION
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 COMPANY INSIGHTS
- 10.9.3 SEGMENT BREAKDOWN
- 10.1 INSULCON B.V.
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 COMPANY INSIGHTS
- 10.10.3 PRODUCT BENCHMARKING
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- LIST OF TABLES
- TABLE 1 GLOBAL INDUSTRIAL INSULATION MARKET, BY FORM 2017 – 2026 (USD MILLION)
- TABLE 2 GLOBAL INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD MILLION)
- TABLE 3 GLOBAL INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD MILLION)
- TABLE 4 GLOBAL INDUSTRIAL INSULATION MARKET, BY GEOGRAPHY, 2017 – 2026 (USD MILLION)
- TABLE 5 NORTH AMERICA INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD MILLION)
- TABLE 6 NORTH AMERICA INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD MILLION)
- TABLE 7 NORTH AMERICA INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD MILLION)
- TABLE 8 EUROPE INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD MILLION)
- TABLE 9 EUROPE INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD MILLION)
- TABLE 10 EUROPE INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD MILLION)
- TABLE 11 ASIA PACIFIC INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD MILLION)
- TABLE 12 ASIA PACIFIC INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD MILLION)
- TABLE 13 ASIA PACIFIC INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD MILLION)
- TABLE 14 ROW INDUSTRIAL INSULATION MARKET, BY REGION, 2017 – 2026 (USD MILLION)
- TABLE 15 ROW INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD MILLION)
- TABLE 16 ROW INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD MILLION)
- TABLE 17 ROW INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD MILLION)
- TABLE 18 MIDDLE EAST AND AFRICA INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD MILLION)
- TABLE 19 MIDDLE EAST AND AFRICA INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD MILLION)
- TABLE 20 MIDDLE EAST AND AFRICA INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD MILLION)
- TABLE 21 LATIN AMERICA INDUSTRIAL INSULATION MARKET, BY COUNTRY, 2017 – 2026 (USD MILLION)
- TABLE 22 LATIN AMERICA INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD MILLION)
- TABLE 23 LATIN AMERICA INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD MILLION)
- TABLE 24 LATIN AMERICA INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD MILLION)
- TABLE 25 MEXICO INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD THOUSAND)
- TABLE 26 MEXICO INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD THOUSAND)
- TABLE 27 MEXICO INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD THOUSAND)
- TABLE 28 BRAZIL INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD THOUSAND)
- TABLE 29 BRAZIL INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD THOUSAND)
- TABLE 30 BRAZIL INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD THOUSAND)
- TABLE 31 CHILE INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD THOUSAND)
- TABLE 32 CHILE INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD THOUSAND)
- TABLE 33 CHILE INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD THOUSAND)
- TABLE 34 ARGNETINA INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD THOUSAND)
- TABLE 35 ARGENTINA INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD THOUSAND)
- TABLE 36 ARGENTINA INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD THOUSAND)
- TABLE 37 COLUMBIA INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD THOUSAND)
- TABLE 38 COLUMBIA INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD THOUSAND)
- TABLE 39 COLUMBIA INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD THOUSAND)
- TABLE 40 PERU INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD THOUSAND)
- TABLE 41 PERU INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD THOUSAND)
- TABLE 42 PERU INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD THOUSAND)
- TABLE 43 REST OF LATIN AMERICA INDUSTRIAL INSULATION MARKET, BY MATERIAL, 2017 – 2026 (USD THOUSAND)
- TABLE 44 REST OF LATIN AMERICA INDUSTRIAL INSULATION MARKET, BY FORM, 2017 – 2026 (USD THOUSAND)
- TABLE 45 REST OF LATIN AMERICA INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY, 2017 – 2026 (USD THOUSAND)
- TABLE 46 OWENS CORNING: PRODUCT BENCHMARKING
- TABLE 47 OWENS CORNING: KEY DEVELOPMENT
- TABLE 48 SAINT-GOBAIN S.A.: PRODUCT BENCHMARKING
- TABLE 49 KNAUF INSULATION: PRODUCT BENCHMARKING
- TABLE 50 KNAUF INSULATION: KEY DEVELOPMENT
- TABLE 51 JOHNS MANVILLE: PRODUCT BENCHMARKING
- TABLE 52 JOHNS MANVILLE: KEY DEVELOPMENT
- TABLE 53 KINGSPAN GROUP: PRODUCT BENCHMARKING
- TABLE 54 KINGSPAN GROUP: KEY DEVELOPMENT
- TABLE 55 PROMAT INC. (ETEX GROUP): PRODUCT BENCHMARKING
- TABLE 56 ROCKWOOL: PRODUCT BENCHMARKING
- TABLE 57 ROCKWOOL: KEY DEVELOPMENT
- TABLE 58 ARMACELL INTERNATIONAL: COMPANY LANDSCAPE
- TABLE 59 ARMACELL INTERNATIONAL: PRODUCT BENCHMARKING
- TABLE 60 CABOT CORPORATION: PRODUCT BENCHMARKING
- TABLE 61 INSULCON B.V.: PRODUCT BENCHMARKING
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- LIST OF FIGURES
- FIGURE 1 GLOBAL INDUSTRIAL INSULATION MARKET SEGMENTATION
- FIGURE 2 RESEARCH TIMELINES
- FIGURE 3 DATA TRIANGULATION
- FIGURE 4 MARKET RESEARCH FLOW
- FIGURE 5 DATA SOURCES
- FIGURE 6 GLOBAL INDUSTRIAL INSULATION MARKET OVERVIEW
- FIGURE 7 GLOBAL INDUSTRIAL INSULATION MARKET, BY MATERIAL (USD MILLION)
- FIGURE 8 GLOBAL INDUSTRIAL INSULATION MARKET, BY TYPE (USD MILLION)
- FIGURE 9 GLOBAL INDUSTRIAL INSULATION MARKET, BY END-USE INDUSTRY (USD MILLION)
- FIGURE 10 FUTURE MARKET OPPORTUNITIES
- FIGURE 11 ASIA PACIFIC DOMINATED THE MARKET IN 2018
- FIGURE 12 GLOBAL INDUSTRIAL INSULATION MARKET OUTLOOK
- FIGURE 13 SHARE AND BREAKDOWN OF HEAT DEMAND IN INDUSTRY
- FIGURE 14 CRUDE OIL BENCHMARK PRICES, 2015-2018
- FIGURE 15 GLOBAL INDUSTRIAL INSULATION MARKET, BY FORM
- FIGURE 16 GLOBAL INDUSTRIAL INSULATION MARKET, BY MATERIAL
- FIGURE 17 GLOBAL INDUSTRIAL INSULATION MARKET, BY MATERIAL
- FIGURE 18 GLOBAL INDUSTRIAL INSULATION MARKET, BY GEOGRAPHY, 2017 – 2026 (USD MILLION)
- FIGURE 19 NORTH AMERICA MARKET SNAPSHOT
- FIGURE 20 EUROPE MARKET SNAPSHOT
- FIGURE 21 ASIA PACIFIC MARKET SNAPSHOT
- FIGURE 22 ROW MARKET SNAPSHOT
- FIGURE 23 KEY STRATEGIC DEVELOPMENTS
- FIGURE 24 OWENS CORNING: COMPANY INSIGHTS
- FIGURE 25 OWENS CORNING: SEGMENT BREAKDOWN
- FIGURE 26 SWOT ANALYSIS: OWENS CORNING
- FIGURE 27 SAINT-GOBAIN S.A.: COMPANY INSIGHTS
- FIGURE 28 SAINT-GOBAIN S.A.: SEGMENT BREAKDOWN
- FIGURE 29 SWOT ANALYSIS: SAINT-GOBAIN S.A.
- FIGURE 30 KNAUF INSULATION: COMPANY INSIGHTS
- FIGURE 31 SWOT ANALYSIS: KNAUF INSULATION
- FIGURE 32 JOHNS MANVILLE: COMPANY INSIGHT
- FIGURE 33 KINGSPAN GROUP: COMPANY INSIGHTS
- FIGURE 34 KINGSPAN GROUP: SEGMENT BREAKDOWN
- FIGURE 35 PROMAT INC. (ETEX GROUP): COMPANY INSIGHTS
- FIGURE 36 PROMAT INC. (ETEX GROUP): SEGMENT BREAKDOWN
- FIGURE 37 ROCKWOOL: COMPANY INSIGHTS
- FIGURE 38 ROCKWOOL: SEGMENT BREAKDOWN
- FIGURE 39 ARMACELL INTERNATIONAL S.A.: COMPANY INSIGHT
- FIGURE 40 ARMACELL INTERNATIONAL S.A.: SEGMENT BREAKDOWN
- FIGURE 41 CABOT CORPORATION: COMPANY INSIGHT
- FIGURE 42 CABOT CORPORATION: SEGMENT BREAKDOWN
- FIGURE 43 INSULCON B.V.: COMPANY INSIGHTS