Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

At 3.40 % CAGR, Global Thermal Insulation Market Size & Share to Surpass USD 34855 Million by 2028 - Industry Trends, Demand, Value, Analysis & Forecast Report by Zion Market Research

This image opens in the lightbox

News provided by

Zion Market Research

25 May, 2022, 17:00 GMT

Share this article

Share toX

Share this article

Share toX

NEW YORK, May 25, 2022 /PRNewswire/ -- As per Zion Market Research study, The global Thermal Insulation market was worth around USD 28,519.50 million in 2021 and is estimated to grow to about USD 34855 million by 2028, with a compound annual growth rate (CAGR) of approximately 3.40 percent over the forecast period. The report analyzes the digital remittance market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the digital remittance market.

Key Industry Insights & Finding of the Thermal Insulation Market Reports:

  • As per the analysis shared by our research analyst, the Thermal Insulation Market is expected to grow annually at a CAGR of around 3.40 % (2022-2028).
  • Through the primary research, it was established that the Thermal Insulation Market was valued approximately USD 28,519.50 Million in 2021 and is projected to reach to roughly USD 34855 Million by 2028.
  • For its relatively active construction sector and increasing investments in urbanization projects, North America is a prominent regional market for thermal insulation materials, with the United States owning a significant market share.
  • Asia Pacific building thermal insulation market is expected to rise substantially throughout the projected period.
  • Growing demand for environmentally friendly building insulation materials, energy consumption will rise. China, India, and Japan are among the main economies that are investing in sustainable development.

Zion Market Research published the latest report titled as  "Thermal Insulation Market By Material type (Stone Wool, Glass Wool, Plastic Foam and Others) By Application (Roof Insulation, Wall Insulation and Floor Insulation) By Building type (Residential Building and Non-residential Building) and By Region – Global Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 – 2028" into their research database.

Thermal Insulation Market: Overview

Thermal insulation in buildings is used to reduce the amount of energy required to heat or cool a dwelling, as well as to minimize heat loss in the winter and hot air penetration in the summer. In locations with a large range of yearly average temperatures, building insulation is usually the most cost-effective strategy.

Over the forecast period, the environmental impact of insulating materials is projected to shift the industry's focus to the development of environmentally friendly solutions. Furthermore, rising plastic foam prices are likely to stifle industry expansion, leading to the development of alternative goods. Due to the strict laws governing traditional goods such as plastic foams, recyclable insulation is gaining favour. Homeowners, architects, and businesses are increasingly preferring green, biodegradable, and recyclable items as a result of growing environmental awareness, which is likely to increase the threat of replacements in the market throughout the forecast period.

Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/thermal-insulation-market

Our Free Sample Report Includes:

  • 2022 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 150 + Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Zion Market Research methodology

Industry Dynamics:

Thermal Insulation Market: Growth Dynamics

Drivers: Rising Building & Construction Industry to Favor Growth.

The constantly expanding building and construction industry has resulted in an increase in thermal insulation measures. Furthermore, by minimising heat transfer elements across habitats, these aspects are responsible for lowering indoor temperatures. The carbon footprint is further reduced by lowering the rate of heat transfer from the outside environment and using less energy to maintain the desired temperature. Insulation provides good features to the infrastructure it insulates, such as fire and impact resistance. These elements are really appealing when it comes to constructing highly effective thermal insulation.

Restraints: Health Concerns Regarding Adoption of Few Building Thermal Insulation Products to Hinder Market Growth.

The continual change in fuel pricing has had a considerable impact on the automobile industry. Along with this, the change in disposable income, inflammation, and stringent government policies regarding automobiles affect the price of automobiles. Price variations in the automobile sector may provide further challenges to the expansion of the tyre cord textiles market in the near future.

Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/thermal-insulation-market

Opportunity: Increasing Energy Expenditure to Augment Growth

Due to recent price increases, significant energy usage might cost a lot of money to the consumer. It also results in the depletion of natural resources. As a result, consumers, particularly those who live in residential areas, make it a point to insulate their spaces. The development of low-energy insulation products, such as foamed plastics, presents a huge market opportunity because some of these products can recoup the cost of insulation in as little as 12 months through energy savings.

Challenge: concerns about health and the environment

Several thermal insulation materials, such as stone and glass wool, have negative health consequences, such as irritation of the respiratory and eye systems. Furthermore, due to carcinogen emissions during production, polymer-based insulating materials are subject to stringent regulations. These concerns about health and the environment will continue to stifle market expansion during the projection period.

Global Thermal Insulation Market: Segmentation

  • The global Thermal Insulation market is segregated based on material type, application and building type.

By Material type, the market is classified into Stone Wool, Glass Wool, Plastic Foam and Others. This category had a significant share in 2021 and is expected to maintain its dominance throughout the forecast period. During the forecast period, the plastic foam sector of the global thermal insulation material market is predicted to develop at the fastest rate. Increased global demand for LNG and LPG, as well as increased demand for refrigerators and air conditioners in the OEM market, are expected to propel this category forward.

By Application, the market is divided into Roof Insulation, Wall Insulation and Floor Insulation. The global Thermal Insulation market is dominated by wall insulation segment. Furthermore, wall insulation reduces costs and energy loss by keeping heat inside the house during the winter and preventing heat from entering the house during the summer. Insulate the walls with a variety of materials such as EPS, polyurethane foam, mineral wool, cellulose fibers, and sandwich panels, which would gradually enhance market demand in developed countries.

Get More Insight before Buying@ : https://www.zionmarketresearch.com/inquiry/thermal-insulation-market

List of Key Players of Thermal Insulation Market:

  • Johns Manville Corporation (US)
  • Saint-Gobain S.A. (France)
  • BASF SE (Germany)
  • Kingspan Group plc (Ireland)
  • Knauf Insulation Inc. (US)
  • Owens Corning (US)
  • Huntsman Corporation (US)
  • Rockwool International A/S (Denmark)
  • Firestone Building Products Company (US)
  • Cabot Corporation (US)
  • Dow Corning Corporation (US)
  • Covestro AG (Germany)
  • URSA Insulation
  • S.A. (Spain)
  • Paroc Group Oy (Finland)
  • Atlas Roofing Corporation (US)
  • GAF Materials Corporation (US)
  • Lapolla Industries Inc. (US)
  • 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. (US)
  • Trocellen GmbH (Germany)
  • Recticel SA (Belgium)
  • KCC Corporation (South Korea).

Key questions answered in this report:

  • What are the growth rate forecast and market size for Thermal Insulation Market?
  • What are the key driving factors propelling the Thermal Insulation Market forward?
  • What are the most important companies in the Thermal Insulation Market Industry?
  • What segments does the Thermal Insulation Market cover?
  • How can I receive a free copy of the Thermal Insulation Market sample report and company profiles?

Report Scope:

Report Attribute

Details

Market size value in 2021

USD 28,519.50 Million

Revenue forecast in 2028

USD 34855 Million

Growth Rate

CAGR of almost 3.40 % 2022-2028

Base Year

2020

Historic Years

2016 - 2021

Forecast Years

2022 - 2028

Segments Covered

By Product Type, By Application, and By End Use

Forecast Units

Value (USD Million), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2028

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Companies Covered

Johns Manville Corporation (US), Saint-Gobain S.A. (France), BASF SE (Germany), Kingspan Group plc (Ireland), Knauf Insulation, Inc. (US), Owens Corning (US), Huntsman Corporation (US), Rockwool International A/S (Denmark), Firestone Building Products Company (US), Cabot Corporation (US), Dow Corning Corporation (US), Covestro AG (Germany) , URSA Insulation, S.A. (Spain), Paroc Group Oy (Finland), Atlas Roofing Corporation (US), GAF Materials Corporation (US), Lapolla Industries, Inc. (US), 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. (US), Trocellen GmbH (Germany), Recticel SA (Belgium), and KCC Corporation (South Korea).

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs.  

https://www.zionmarketresearch.com/custom/2611

 Free Brochure: https://www.zionmarketresearch.com/requestbrochure/thermal-insulation-market

Recent Developments:

  • In December 2021, Equinor and ENGIE, a French energy company, have developed the H2BE plan in Belgium, which intends to manufacture low-carbon hydrogen from natural gas using an ATR technology (auto thermal reformation) combined with storage and carbon capture.
  • In April 2021, Atlas Roofing Company introduced SureSlope prefabricated tapered products. The new polyiso roof insulation component family is ideal for roofing applications, decreasing installation time and reducing waste on the job site.

Regional Dominance:

  • A growing emphasis.

For its relatively active construction sector and increasing investments in urbanization projects, North America is a prominent regional market for thermal insulation materials, with the United States owning a significant market share. A growing emphasis on green building initiatives, as well as the resulting demand for thermal insulation, are some of the key reasons driving growth.

Due to increased government spending on infrastructure and fast urbanization, the Asia Pacific building thermal insulation market is expected to rise substantially throughout the projected period. As a result of the growing demand for environmentally friendly building insulation materials, energy consumption will rise. China, India, and Japan are among the main economies that are investing in sustainable development.

Global Thermal Insulation Market is segmented as follows:

Thermal Insulation Market: By Application Outlook (2022-2028)

  • Stone Wool
  • Glass Wool
  • Plastic Foam
  • Others

Thermal Insulation Market: By Product Outlook (2022-2028)

  • Roof Insulation
  • Wall Insulation
  • Floor Insulation

Thermal Insulation Market: By Building Type Outlook (2022-2028)

  • Residential Building
  • Non-residential Building

Thermal Insulation Market: By Region Outlook (2022-2028)

North America

  • The U.S.
  • Canada

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

Press Release For Thermal Insulation Market: https://www.zionmarketresearch.com/news/global-thermal-insulation-market

Browse Other Related Research Reports from Zion Market Research

  • Nisin Market - Global Industry Analysis: The global Nisin Market accrued earnings worth approximately 439 (USD Million) in 2020 and is predicted to gain revenue of about 1,038 (USD Million) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2022 to 2028.
  • Propylene Market - Global Industry Analysis: The global Propylene Market accrued earnings worth approximately 91.2 (USD Billion) in 2020 and is predicted to gain revenue of about 138.01(USD Billion) by 2028, is set to record a CAGR of nearly 6.1% over the period from 2021 to 2028.
  • Ethylene Market - Global Industry Analysis: The global Ethylene Market accrued earnings worth approximately 147.2 (USD Billion) in 2020 and is predicted to gain revenue of about 237.2 (USD Billion) by 2028, is set to record a CAGR of nearly 9.9% over the period from 2021 to 2028.

Browse through Zion Market Research's coverage of the Global Chemical & Materials Industry

Follow Us on: LinkedIn | Twitter | Facebook

About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com 
Website: https://www.zionmarketresearch.com/ 
Blog - https://zmrblog.com/

Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.