Thermal Insulation Material Market Analysis and Forecast to 2031: By Material Type (Stone Wool, Fiber Glass, Plastic Foam, Others), Temperature Range (-160°C to -50°C, -49°C to 0°C, 1°C to 100°C, 101°C to 650°C), and Region
Thermal insulation material is a material that is used to reduce heat transfer between two objects. The most common types of thermal insulation materials are foam, fiberglass, and cellulose. Thermal insulation material is used in a variety of applications, such as in buildings, vehicles, and appliances.
Key Trends
One of the key trends in thermal insulation material technology is the development of nanomaterials. Nanomaterials are materials that have at least one dimension that is less than 100 nanometers. These materials have unique physical and chemical properties that make them ideal for use in thermal insulation. Nanomaterials can be used to create thin, lightweight, and highly effective insulation materials.
Another trend in thermal insulation material technology is the development of phase-change materials. Phase-change materials are materials that change from one state to another when exposed to a change in temperature. These materials can be used to create insulation that is effective at both high and low temperatures. Phase-change materials are also being developed that can be used to store and release heat, making them ideal for use in thermal energy storage systems.
Finally, there is a trend toward the development of sustainable insulation materials. These materials are made from renewable resources and are designed to be recyclable or biodegradable. Sustainable insulation materials can help to reduce the environmental impact of the building and construction industry.
Key Drivers
There are several key drivers of the thermal insulation materials market.
First, the need for energy efficiency is increasing globally as energy costs continue to rise. This is leading to increased demand for thermal insulation materials in both new construction and retrofit applications.
Secondly, government regulations are becoming more stringent, mandating the use of thermal insulation materials in order to meet energy efficiency targets. This is particularly true in developed countries such as the United States and European Union.
Finally, the growing awareness of the environmental benefits of thermal insulation materials is also driving market growth. Thermal insulation materials can help reduce a building’s carbon footprint and improve its overall energy efficiency.
Restraints & Challenges
The thermal insulation material market is key to the construction and energy industries. It is a vital component in the building envelope, and helps to regulate indoor temperatures, saving energy and money. Despite its importance, the thermal insulation material market faces a number of challenges.
The first challenge is the high cost of thermal insulation materials. This is due to the fact that thermal insulation is a niche market, and the materials used are often specialized and expensive. This high cost can be a barrier to entry for many construction companies, and can limit the use of thermal insulation in new buildings.
Another challenge facing the thermal insulation material market is the competition from alternative materials. For example, many new buildings are now being constructed with double-glazed windows, which provide excellent thermal insulation. This means that thermal insulation materials must compete with these alternative products in the market.
The final challenge facing the thermal insulation material market is the need for skilled labor. The installation of thermal insulation can be a complex and technical process, and requires a high level of training and experience. This can make it difficult to find qualified workers, and can drive up the cost of installation.
Market Segments
The thermic insulation material market bifurcated on the basis of material type, temperature range, and region. On the basis of material type, it is segmented into stone wool, fiber glass, plastic foam, and others. By temperature range, it is analyzed across -160°C to -50°C, -49°C to 0°C, 1°C to 100°C, and 101°C to 650°C. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
The thermic insulation material market report includes players such as Asahi Kasei Corporation, BASF SE, DuPont, Rockwool International A/S, Berkshire Hathway, Bayer AG, Owens Corning, Dow Chemicals Company, Kingspan Group PLC, and Saint Gobain S.A.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Thermal Insulation Material Market Outlook
3.1. Thermal Insulation Material Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Thermal Insulation Material Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Thermal Insulation Material Market
4.3. Economic Impact Analysis
Chapter 5. Thermal Insulation Material Market by Material Type
5.1. Market Overview
5.2. Stone Wool
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Fiber Glass
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Plastic Foam
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Others
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Thermal Insulation Material Market by Temperature Range
6.1. Market Overview
6.2. -160°C to -50°C
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. -49°C to 0°C
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. 1°C to 100°C
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. 101°C to 650°C
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Thermal Insulation Material Market, by Region
7.1. Overview
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. North America Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.2.3. North America Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.2.4. North America Thermal Insulation Material Market Size and Forecast by Country, 2021-2031, ($Million)
7.2.5. The U.S.
7.2.5.1. The U.S. Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.2.5.2. The U.S. Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.2.6. Canada
7.2.6.1. Canada Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.2.6.2. Canada Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.2.7. Mexico
7.2.7.1. Mexico Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.2.7.2. Mexico Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Europe Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.3.3. Europe Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.3.4. Europe Thermal Insulation Material Market Size and Forecast by Country, 2021-2031, ($Million)
7.3.5. Germany
7.3.5.1. Germany Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.3.5.2. Germany Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.3.6. France
7.3.6.1. France Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.3.6.2. France Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.3.7. U.K.
7.3.7.1. U.K. Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.3.7.2. U.K. Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.3.8. Spain
7.3.8.1. Spain Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.3.8.2. Spain Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.3.9. Italy
7.3.9.1. Italy Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.3.9.2. Italy Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.3.10. Rest of Europe
7.3.10.1. Rest of Europe Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.3.10.2. Rest of Europe Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Asia-Pacific Thermal Insulation Material Market Size and Forecast by Country, 2021-2031, ($Million)
7.4.3. Asia-Pacific Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.4.4. Asia-Pacific Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.4.5. China
7.4.5.1. China Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.4.5.2. China Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.4.6. India
7.4.6.1. India Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.4.6.2. India Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.4.7. Japan
7.4.7.1. Japan Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.4.7.2. Japan Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.4.8. South Korea
7.4.8.1. South Korea Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.4.8.2. South Korea Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.4.9. Rest of APAC
7.4.9.1. Rest of APAC Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.4.9.2. Rest of APAC Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.5. Rest of the World
7.5.1. Key Market Trends and Opportunities
7.5.2. Rest of the World Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.5.3. Rest of the World Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.5.4. Rest of the World Thermal Insulation Material Market Size and Forecast by Country, 2021-2031, ($Million)
7.5.5. Latin America
7.5.5.1. Latin America Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.5.5.2. Latin America Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.5.6. Middle East
7.5.6.1. Middle East Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.5.6.2. Middle East Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
7.5.7. Africa
7.5.7.1. Africa Thermal Insulation Material Market Size and Forecast by Material Type, 2021-2031, ($Million)
7.5.7.2. Africa Thermal Insulation Material Market Size and Forecast by Temperature Range, 2021-2031, ($Million)
Chapter 8. Competitive Landscape
8.1. Market Overview
8.2. Market Share Analysis/Key Player Positioning
8.3. Developmental Strategy Benchmarking
8.3.1. New Product Developments
8.3.2. Product Launches
8.3.3. Business Expansions
8.3.4. Partnerships, Joint Ventures, and Collaborations
8.3.5. Mergers and Acquisitions
Chapter 9. Company Profiles
9.1. Asahi Kasei Corporation
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Offerings
9.1.4. Key Strategic Initiatives
9.1.5. SWOT Analysis
9.2. BASF SE
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product offerings
9.2.4. Key Strategic Initiatives
9.2.5. SWOT Analysis
9.3. DuPont
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product offerings
9.3.4. Key Strategic Initiatives
9.3.5. SWOT Analysis
9.4. Rockwool International A/S
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product offerings
9.4.4. Key Strategic Initiatives
9.4.5. SWOT Analysis
9.5. Berkshire Hathway
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product offerings
9.5.4. Key Strategic Initiatives
9.5.5. SWOT Analysis
9.6. Bayer AG
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product offerings
9.6.4. Key Strategic Initiatives
9.6.5. SWOT Analysis
9.7. Owens Corning
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product offerings
9.7.4. Key Strategic Initiatives
9.7.5. SWOT Analysis
9.8. Dow Chemicals Company
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product offerings
9.8.4. Key Strategic Initiatives
9.8.5. SWOT Analysis
9.9. Kingspan Group PLC
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product offerings
9.9.4. Key Strategic Initiatives
9.9.5. SWOT Analysis
9.10. Saint Gobain S.A.
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product offerings
9.10.4. Key Strategic Initiatives
9.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segments
By Material Type
- Stone Wool
- Fiber Glass
- Plastic Foam
- Others
By Temperature Range
- -160°C to -50°C
- -49°C to 0°C
- 1°C to 100°C
- 101°C to 650°C
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa