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Insulation Market Trend 2024 key players Owens Corning, BASF, Atlas Roofing, Duro-Last Roofing, Inc., CertainTeed, The Dow Chemical and Huntsman International

(EstateNewsWire.com, August 08, 2018 ) North America Insulation Market is expected to surpass USD 16 billion revenue. U.S. government and Department of Energy focusing on promotional activities for appropriate energy use by the adoption of proper insulating materials in building and houses to reduce energy losses are key factors boosting insulation market share during forecast time frame.

Increasing expenditure on energy efficiency infrastructure is primarily fueling insulation market growth. As per U.S. Census Bureau, construction spending has increased by 6.7% and observed over USD 13.3 trillion expenditure in 2016. Surging construction to improve residential, commercial, and industrial infrastructure along with energy conservation initiatives are key aspects fueling product demand.

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U.S., Canada, Germany and other emerging economies are focusing on spreading awareness to achieve optimum utilization of resources. Continuous advancements in energy efficient technology in sustainable products for ventilation, insulation, and environmental protection to achieve high quality material will drive demand. Active involvement of authorities in sustainable energy audits emphasizing homeowners for presenting eco-friendly solution for domestic houses and public buildings positively impacting product market.

Large application scope in chemical & oil, power & energy, manufacturing, industrial construction, and steel plants will fuel product penetration. Specific installing criteria are taken into consideration such as fire safety, eco-friendly, cost-effective and sustainable materials. Insulating material such as fiberglass, mineral wool and plastic foams are widely used in maximum temperature operations that range in 1700- 2500 C. Rapid industrialization in emerging economies is key factor fostering product demand during forecast time frame.

U.S. government and Department of Energy was estimated rising electricity prices over 4% annually. Thereby, the government of various countries such as Canada, Mexico, China, South Korea, and Brazil are directly focusing on applying proper insulating materials include fiber wool, mineral wool, plastic foam and aerogel products are fostering insulation market share.

Stringent government regulation on recycling material that damages environment due to the release of harmful gases such as non-HCFC (hydrochlorofluorocarbon) is leading major concern can hamper insulation market share.

Fiberglass insulation market generated sales over 6 billion square feet in 2017 owing to the wide application include wall cavities, attics, and small cavities spaces. Fiberglass majorly used in construction for providing high energy efficiency in commercial and domestic buildings owing to excellent thermal resistance, lightweight, fire resistance and acoustic resistance properties propelling insulation market. 

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Residential application contributed over 50% of market share in 2017. Positive development for affordable housing schemes along with reliable government policies are fueling product demand during forecast time frame. U.S. government is also providing tax rebate by following guidelines of building code that has set for respective states and region.

Global insulation market share is highly fragmented in nature due to the presence of internal as well as local manufacturers offering wide product range. Some major companies are Rockwool International, Armacell, Knauf Gips, KG Huntsman International, and Owens Corning focusing on improving production efficiency of several materials. These companies are focusing on reducing prices of material in order to strengthen market share.

Partial Chapter of the Table of Content

Chapter 2.  Executive Summary

2.1. Insulation industry 3600 synopsis, 2013 –2024
2.1.1.   Business trends
2.1.2.   Product trends
2.1.3.   Application trends
2.1.4.   Regional trends

Chapter 3.  Insulation Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1.   Raw material suppliers
3.3.2.   Manufacturers
3.3.3.   Profit margin analysis
3.3.4.   Distribution channel analysis
3.3.4.1.   Distributors and dealers
3.3.4.2.   Digitalization
3.3.5.   End-users
3.3.6.   Vendor matrix
3.3.6.1.   Key manufacturers
3.3.6.2.   Product portfolio
3.3.6.3.   Global presence
3.4. Technology landscape
3.4.1.   Production process
3.4.1.1.   Glass fiber
3.4.1.2.   EPS
3.5. Fiberglass industry outlook, 2018-2024
3.6. Consumer buying behavior
3.6.1.   Unmet needs
3.6.2.   Information search
3.6.3.   Evaluation of alternatives
3.6.4.   Purchase decision
3.6.5.   Post purchase behavior
3.7. Regulatory landscape

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3.7.1.   U.S.
3.7.1.1.   California code of Regulations
3.7.1.2.   Insulation certification by manufacturer:
3.7.1.3.   Installation of Urea Formaldehyde Foam Insulation:
3.7.1.4.   Flame Spread Rating of Insulation:
3.7.1.5.   Installation of Insulation in Existing Building
3.7.1.6.   Insulation Requirements for Heated Slab Floors
3.8. Europe
3.8.1.   European union
3.8.1.1.  Energy Efficiency Directive
3.8.1.1.1.  Energy Performance of Buildings Directive (EPBD)
3.8.1.1.2.   Energy and Climate Framework for 2030
3.8.1.1.3.   Energy Labelling of Windows
3.8.1.2.  Green Public Procurement Product Sheet
3.8.1.2.1.  Technical specification
3.8.2.  Asia Pacific
3.8.2.1.  China
3.8.2.1.1.  Building codes for China
3.8.3.  MEA
3.8.3.1.  United Arab Emirates     
3.8.4.  Latin America
3.8.4.1.  Mexico
3.9. Pricing analysis
3.9.1.   Fiberglass/Glass Wool
3.9.2.   Mineral Wool
3.9.3.   Plastic foam
3.9.3.1.   EPS
3.9.3.2.   XPS
3.9.3.3.   Other Plastic Foam
3.9.4.   Others
3.9.5.   Cost structure analysis, 2017
3.10.    Industry impact forces
3.10.1. Growth drivers, by region
3.10.1.1.    North America
3.10.1.2.    Europe
3.10.1.3.    Asia Pacific
3.10.1.4.    Latin America
3.10.1.5.    MEA
3.10.2. Industry pitfalls & challenges
3.11.    Innovation & sustainability
3.12.   Growth potential analysis, 2017
3.13.   Competitive landscape, 2017
3.13.1. Top players overview
3.13.2. Market share analysis, 2017
3.13.3. Key stake holders
3.13.4. Strategy dashboard
3.14.    Porter’s analysis
3.15.   PESTLE analysis


Global Market Insights, Inc.

Arun Hegde

1-888-689-0688

sales@gminsights.com

Source: EmailWire.Com


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