Global Thermal Insulation Board Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Thermal Insulation Board market size was valued at USD 25870 million in 2023 and is forecast to a readjusted size of USD 38000 million by 2030 with a CAGR of 5.6% during review period.
Thermal Laminate Board is typically constructed by combining plasterboard with insulating solid foam and paper facing. It provides excellent thermal insulation in homes and commercial buildings. It is often installed in internal walls, ceilings, roofs and decks.
Europe has been one of the mature markets, it's predicted to remain a major market for building thermal insulation board by 2029. Burgeoning residential and commercial construction activities in North America, coupled with the implementation of strict green building codes to reduce the energy consumption per structure are expected to aid growth. Furthermore, favorable government regulations for the adoption of the product for residential as well as commercial structures are expected to boost the growth over the forecast period. The Asia Pacific region is expected to exhibit the highest growth during the forecast period, owing to the rising construction activities in the region to cater to the requirements of a growing population. China is estimated to account for the largest share in the region, owing to the various government initiatives to improve its public infrastructure. Political and economic instability in Central and South America is expected to harm the regional building thermal insulation board industry growth.
The Global Info Research report includes an overview of the development of the Thermal Insulation Board industry chain, the market status of Roof Insulation (Stone Wool, Glass Wool), Wall Insulation (Stone Wool, Glass Wool), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Thermal Insulation Board.
Regionally, the report analyzes the Thermal Insulation Board markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Thermal Insulation Board market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Thermal Insulation Board market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Thermal Insulation Board industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Sq. m), revenue generated, and market share of different by Type (e.g., Stone Wool, Glass Wool).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Thermal Insulation Board market.
Regional Analysis: The report involves examining the Thermal Insulation Board market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Thermal Insulation Board market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Thermal Insulation Board:
Company Analysis: Report covers individual Thermal Insulation Board manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Thermal Insulation Board This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Roof Insulation, Wall Insulation).
Technology Analysis: Report covers specific technologies relevant to Thermal Insulation Board. It assesses the current state, advancements, and potential future developments in Thermal Insulation Board areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Thermal Insulation Board market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Thermal Insulation Board market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Stone Wool
Glass Wool
Plastic Foam
Other
Market segment by Application
Roof Insulation
Wall Insulation
Floor Insulation
Major players covered
Nichias
Johns Manville Corporation
Saint-Gobain
BASF
Kingspan Group
Knauf Insulation
Owens Corning
Huntsman Corporation
Rockwool International
Firestone Building Products Company
Cabot Corporation
Covestro
URSA Insulation
Paroc
Atlas Roofing Corporation
GAF Materials Corporation
Lapolla Industries
Beijing New Building Material
NICHIAS Corporation
Fletcher Building
ODE Industry and Trade
Aspen Aerogels
Trocellen
Recticel
KCC Corporation
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermal Insulation Board product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermal Insulation Board, with price, sales, revenue and global market share of Thermal Insulation Board from 2019 to 2024.
Chapter 3, the Thermal Insulation Board competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermal Insulation Board breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Thermal Insulation Board market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermal Insulation Board.
Chapter 14 and 15, to describe Thermal Insulation Board sales channel, distributors, customers, research findings and conclusion.