What is Building Insulation Market Scope?
Insulation is an energy savings measure, which provides resistance to heat flow. The heat flows from a warmer to a cooler space. Insulation systems are widely used in commercial, institutional and metal buildings as a solution to reduce the rate of heat that is being transfer through the roofs and sidewalls. Board, blanket and batt insulation are installed on and within the interior walls, reduces the transmission of room to room noise. Insulating saves energy and helps reduce greenhouse gas emissions. Insulation is important for both the performance of the building and health of the occupants. Insufficient insulation can also lead to problems as heated air rapidly cools and causes water vapour to condense.
The Building Insulation market study is being classified by Type (Batts and Rolls, Concrete Block Insulation, Foam Board, Insulating Concrete Forms (ICFs), Loose-Fill, Reflective System, Rigid Fibrous, Sprayed Foam and Structural Insulated Panels (SIPs)), by Application (Floor Insulation, Wall Insulation, Window and Door insulation and Sealing Cracks) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Building Insulation market throughout the predicted period.
BASF SE (Germany), Rockwool International A/S (Denmark), Owens Corning Corporation (United States), Paroc Group Oy (Finland), Lloyd Insulations Limited (India), Knauf Insulation Inc. (United States), GlassRock Insulation Company SAE (Egypt), Saint-Gobain SA (France), Kingspan Group Plc (Ireland) and Johns Manville Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are NOVA Chemicals Corp. (Canada), GAF Materials Corp. (United States), URSA Insulation, S.A (Spain), Paroc Group Oy (Finland) and Beijing New Building Material (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Building Insulation market by Type, Application and Region.
On the basis of geography, the market of Building 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).
Market Influencers and their development strategies
April 03, 2019: BASF and Aspen Aerogels Expand Strategic Partnership. The addendum provides for the production and supply of a new non-combustible, high-performance thermal insulation product.
June 26, 2018: ROCKWOOL officially broke ground on its second stone wool insulation manufacturing facility in the United States, located in Ranson (Jefferson County), West Virginia which will bring a diverse range of industry. This new facility will expand capacity in the American marketplace, supporting continued growth and innovation.
United Kingdom Regulations: Walls are defined by Regulation 2(3) of the Building Regulations 2010 as being thermal elements. When the thermal elements are renovated then it should be upgraded, where it is cost effective to do so, to the standard set out in the Approved Document. See section 5 and Appendix A of Approved Document L1B.
Influencing Market Trend
- Government initiatives to Reduce Greenhouse Gas Emissions
- Increased Concerns over Improving Efficiency in Buildings
Market Drivers
- Increasing Demand for Residential and Industrial Insulation
- Increasing Awareness about the Requirement to Save Energy
- Growing Demand for Green Buildings
Opportunities
- Development of Construction Sector in Developing Nations
Restraints
- Unstable Prices of Raw Material
Challenges
- Rock Wool is not a Common Insulating Materials and is More Expensive
- Insulating Ability of Cellulose Decreases Significantly When it Absorbs Moisture
Key Target Audience
Manufacturers of Building Insulation, Suppliers of Building Insulation, Wholesalers, Distributers and Retailers of Building Insulation, Service Providers of Building Insulation, Construction Industry, Research Firms and Governmental Bodies
Customization available in this Study:
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