Industry Background:
Thermal insulation refers to the process of insulating material from transferring heat between the materials that are in thermal contact. Thermal insulation can be achieved with specially engineered methods or processes, as well as with suitable object shapes and materials.This growth is primarily driven by Stringent Regulations to Reduce Greenhouse Gas Emission, Development of Green Buildings and Reduction in Energy Consumption and Its Related Cost.
Major Manufacturers, such as Johns Manville Corporation (United States), Saint-Gobain S.A. (France), BASF SE (Germany), Kingspan Group plc (Ireland), Knauf Insulation, Inc. (United States), Owens Corning (United States), Huntsman Corporation (United States), Rockwool International A/S (Denmark), Firestone Building Products Company (United States), Cabot Corporation (United States), Dow Corning Corporation (United States), Covestro AG (Germany), URSA Insulation, S.A. (Spain), Paroc Group Oy (Finland), Atlas Roofing Corporation (United States), GAF Materials Corporation (United States), Lapolla Industries, Inc. (United States), Beijing New Building Material (Group) Co., Ltd. (China), NICHIAS Corporation (Japan), Fletcher Building Limited (New Zealand), ODE Industry and Trade Inc. (Turkey), Aspen Aerogels, Inc. (United States), Trocellen GmbH (Germany), Recticel SA (Belgium) and KCC Corporation (South Korea) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2016, Saint-Gobain S.A. acquired Buitex Industries (France) that specializes in the manufacture of wood fiber insulation products for France and continental European markets. This acquisition helped to expand its range of multi-material insulation solutions.
Market Drivers
- Stringent Regulations to Reduce Greenhouse Gas Emission
- Development of Green Buildings
- Reduction in Energy Consumption and Its Related Cost
Market Trend
Restraints
- Availability of Green Insulation Material
Opportunities
High Energy Requirements
Challenges
Lack of Awareness
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Thermal Insulation Material Study Sheds Light on
The Thermal Insulation Material Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Thermal Insulation Material industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Thermal Insulation Material industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.