About Fireproof Insulation
Fireproof insulation is kind of an insulating material which is used to encounter flames in the case of fire disaster and helps in the protection of load structure of the building, investments and human lives. The different kind of material used for the fireproof insulation is cellulose, polystyrene, fiberglass, and polyurethane. Fireproof insulation is primarily used in the commercial, residential, and industrial sectors. Presently, fireproof insulation is been used in the naval ships so that the ships will be saved from an internal fire. Rockwool insulation is known for natural fire-resistant which is been used as an insulation to prevent the fire in the building. Fireproof insulation come in five primary forms. These include chopped fibers, fibrous mats, foam, and textiles, board or block insulation, foils, and films. The fire resistance of each form depends majorly on the material of which it is composed.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global insulation market is characterized by the presence of multinational conglomerates. Production of insulation materials is capital-intensive and, as a result, entry barriers are high. Achieving economies of scale remains the major focus for players in the industry participants in terms of competitiveness. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Fireproof Insulation market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Rockwool International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain S.A. (France), Owens Corning Corporation (United States), Berkshire Hathaway, Inc. (United States), BASF SE (Germany), Paroc Oy (Finland), Kingspan Group (Ireland), GAF (United States) and Beijing New Building Material (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fireproof Insulation market by , Application (Residential Buildings and Commercial Buildings) and Region.
On the basis of geography, the market of Fireproof Insulation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Fireproof Insulation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Glass Wool will boost the Fireproof Insulation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Spending On Infrastructure in the Emerging Markets of the Asia/Pacific Region
Market Growth Drivers:
Stringent Building Codes in the Developed Economies, Reduction of Greenhouse Gases, Energy Efficiency, Rebates and Tax Credits and Low Cost of Installation
Challenges:
High Capital Cost of Installing Thermal Insulation in Buildings
Restraints:
Lack of Awareness and Slow Growth of Construction Sector in Europe
Opportunities:
Increasing Focus Towards Fire Safety in Developing Countries and More Energy Requirements
Market Leaders and their expansionary development strategies
Saint-Gobain has acquired Pritex, a key player in acoustic and thermal insulation solutions made from polymer-based composite materials and intended for the mobility market.
Key Target Audience
Manufacturers of Fireproof Insulation, Producers of Fireproof Insulation, Distributors of Fireproof Insulation, Importers and Exporters of Fireproof Insulation, Research Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.