World Insulation

World Insulation

World demand for insulation is forecast to grow nearly four percent per year through 2020, according to Freedonia analysts. Strong growth is expected in developing countries, especially in China. Rebounding construction expenditures will drive insulation demand growth in high income countries.

Foamed Plastics Drive Growth
There is a diverse array of insulation materials, each with advantages and disadvantages that impact their usage. Foamed plastics account for the largest share because of their dominant position in the Asia/Pacific region and Western Europe. Foamed plastics are also expected to be the fastest growing insulation product through 2020.

Strong Gains Expected in Residential Market
Rising residential construction activity worldwide will boost insulation demand, primarily through growth in new housing completions. Rural-to-urban migration and rising per capita incomes in developing countries will generate the need for the construction of more housing units, further boosting insulation demand.

7 Producers Lead Overall Sales
While there are thousands of smaller insulation manufacturers that focus their efforts on their domestic markets, there are large insulation producers that compete in a number of regional markets and offer a wide range of products. Leading companies include Armacell International, BASF, Covestro, Dow Chemical, Kingspan, Knauf Gips, Owens Corning, Paroc Group, Saint-Gobain, swisspor Management, and Ursa Insulation.

Scope of the Report
This study analyzes the world market for thermal and acoustic insulation including key trends in material usage and market segmentation. Historical data 2005, 2010, and 2015 with forecasts for 2020 and 2025. Data is provided in millions of square meters of R-1 value and millions of US dollars. Also included is an analysis of industry key players and their market shares.

Insulation product types covered in this study include:
Foamed Plastics
Fiberglass
Mineral Wood

Markets Analyzed in this study include:
Residential Construction
Nonresidential Construction
Industrial, HVAC, & OEM

Regions covered in this study include:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast