Building Thermal Insulation Market - By Material (Wool Insulation, Plastic Foams and Others) and Application (Roof, Wall and Floor) Global Trends and Forecasts (2011-2016)
By: marketsandmarkets.com
Publishing Date:
January 2012
Report Code:
AD 1721
The Building Thermal Insulation Market research report covers the major building insulation markets; their geographical trends and forecasts. The global market is divided into insulation materials which include wool insulation, plastic foams, and other insulation materials such as wood fiber, perlite, etc. The report studies these materials with respect to the key players, products, and geography trends of these markets. The market is further studied from the applications perspective. The major on goings in the global building insulation industry such as winning imperatives of market players and major burning issues are also analyzed.
The insulation materials have gained popularity due to the fact that they help in energy saving while reducing the greenhouse emissions. This has resulted in increased applications of insulation materials in commercial and residential buildings. Consequently, it becomes important to study this market with respect to its segments, opportunities, and growth prospective.
The regulatory authorities have also supported the adoption of insulation materials by setting legislations which promote zero energy buildings. The regulations are active in the developed regions of Europe and U.S. and are also beginning to cover the emerging economies in Asia as well.
The report covers major drivers, restraints, and opportunities for global market and analyze them with respect to their order of impact which explains the weightage of a specific market factor. It also gives an elaborative description of value chain for market starting from the raw materials used for the materials to the major end-users of the products.
The market study analyzes the key materials with respect to major geographies which include North America, Europe, Asia, and ROW. This evaluates the insulation products such as glasswool, rockwool, EPS, and XPS in different geographies as the market split and usage of these products differ in different geographical regions. For an instance, the Asian market is the major user of plastic foam insulation products while U.S. and European markets are the major users of rockwool and glasswool for building insulation. Studying these products with respect to major continents is important to develop a holistic picture of the global market.
The report provides the study of market players/manufacturers for the proper understanding of the competitive landscape for the market. The report studies different market players with respect to the products they offer.
The report also provides market numbers for key insulating products which include market size for micro and macro market segments. It analyzes the growth rates of insulation products for parent and sub-segments. This gives a comparative picture about the increasing, stagnant or decreasing market for individual segment. It also studies the market with respect to three basic applications including wall insulation, roof insulation, and floor insulation. This gives a view of the dominating application market in which the insulation materials are used primarily.
The report has taken into account the key competitive developments that have taken place for the insulation companies. The major competitive developments in which these companies are involved are acquisitions, new products launch, and agreements and collaborations.
Finally, the report also profiles the major players with respect to their business, products, developments, financials, strategies, and other company-specific information. This gives a brief idea about the areas in which company is progressing.
Scope of the report
This report focuses on building insulation market and categorizes the global market by type, applications, and geography:
On the basis of type:
- Wool
- Rockwool
- Glasswool
- Plastic foams
- Expanded polystyrene
- Extruded polystyrene
- Polyurethane foams
- Other plastic foams
- Other insulation materials
On the basis of applications:
- Wall insulation
- External wall
- Internal wall
- Cavity wall
- Roof insulation
- Flat roof
- Pitched roof
- Floor insulation
On the basis of geography:
- North America
- Europe
- Asia
- ROW
TABLE OF CONTENTS
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS FROM PRIMARY SOURCES
1.5.4 ASSUMPTIONS MADE FOR THE REPORT
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 BURNING ISSUE
3.2.1 WITHDRAWAL FROM KYOTO PROTOCOL
3.3 WINNING IMPERATIVE
3.3.1 CATERING TO VARIOUS SEGMENTS
3.4 MARKET DYNAMICS
3.4.1 DRIVERS
3.4.1.1 Greenhouse Gas Emission Reduction
3.4.1.2 Cost Efficiency
3.4.1.3 Strict Regulatory Environment
3.4.1.4 Rebates and Tax Credits
3.4.2 RESTRAINTS
3.4.2.1 Construction sector crisis in Europe
3.4.2.2 Lack of Awareness
3.4.3 OPPORTUNITY
3.4.3.1 More energy requirements
3.5 IMPACT OF DRIVERS, RESTRAINTS & OPPORTUNITY
3.6 VALUE CHAIN ANALYSIS
3.6.1 RAW MATERIAL
3.6.2 BUILDING INSULATION MATERIALS
3.6.3 BUILDING INSULATION MATERIAL PRODUCT FORMS
3.6.4 DISTRIBUTION NETWORK
3.6.5 END-USERS
3.7 BENCHMARKING THE KEY PLAYERS
3.8 POLICY & REGULATIONS
4 BUILDING INSULATION MARKET, BY INSULANT MATERIAL
4.1 INTRODUCTION
4.2 WOOL INSULATION
4.2.1 GLASSWOOL
4.2.2 ROCKWOOL/STONEWOOL
4.3 PLASTIC FOAMS
4.3.1 EPS (EXPANDED POLYSTYRENE)
4.3.2 XPS (EXTRUDED POLYSTYRENE)
4.3.3 POLYURETHANE FOAMS
4.3.4 OTHER PLASTIC FOAMS
4.3.4.1 Polyisocyanurate Insulation
4.3.4.2 Phenolic Foams
4.4 OTHER INSULATION MATERIALS
4.4.1 WOOD FIBER
4.4.2 PERLITE
5 BUILDING INSULATION MARKET, BY APPLICATIONS
5.1 INTRODUCTION
5.2 APPLICATIONS
5.2.1 ROOF
5.2.1.1 Flat Roof
5.2.1.2 Pitch-roof
5.2.2 WALL INSULATION
5.2.2.1 External Walls
5.2.2.2 Internal Walls
5.2.2.3 Cavity Walls
5.2.3 FLOOR
6 BUILDING INSULATION MARKET, BY GEOGRAPHY
6.1 INTRODUCTION
6.2 NORTH AMERICA
6.3 EUROPE
6.4 ASIA
6.5 ROW
7 COMPETITIVE LANDSCAPE
7.1 INTRODUCTION
7.2 MERGERS & ACQUISITIONS
7.3 NEW DEVELOPMENTS & TECHNOLOGIES
7.4 JOINT VENTURES, CONTRACTS & INVESTMENTS
7.5 OTHERS
8 COMPANY PROFILES
8.1 BASF SE
8.1.1 OVERVIEW
8.1.2 FINANCIALS
8.1.3 PRODUCTS & SERVICES
8.1.4 STRATEGY
8.1.5 DEVELOPMENTS
8.2 BAYER MATERIALSCIENCE
8.2.1 OVERVIEW
8.2.2 FINANCIALS
8.2.3 PRODUCTS & SERVICES
8.2.4 STRATEGY
8.2.5 DEVELOPMENTS
8.3 BBMG CORPORATION
8.3.1 OVERVIEW
8.3.2 FINANCIALS
8.3.3 PRODUCTS & SERVICES
8.3.4 STRATEGY
8.3.5 DEVELOPMENT
8.4 BEIJING NEW BUILDING MATERIAL
8.4.1 OVERVIEW
8.4.2 FINANCIALS
8.4.3 PRODUCTS & SERVICES
8.4.4 STRATEGY
8.4.5 DEVELOPMENTS
8.5 BYUCKSAN CORPORATION
8.5.1 OVERVIEW
8.5.2 FINANCIALS
8.5.3 PRODUCTS & SERVICES
8.5.4 STRATEGY
8.6 CSR LTD
8.6.1 OVERVIEW
8.6.2 FINANCIALS
8.6.3 PRODUCTS & SERVICES
8.6.4 STRATEGY
8.6.5 DEVELOPMENT
8.7 FLETCHER BUILDING
8.7.1 OVERVIEW
8.7.2 FINANCIALS
8.7.3 PRODUCTS & SERVICES
8.7.4 STRATEGY
8.7.5 DEVELOPMENT
8.8 GAF
8.8.1 OVERVIEW
8.8.2 FINANCIALS
8.8.3 PRODUCTS & SERVICES
8.8.4 STRATEGY
8.8.5 DEVELOPMENT
8.9 HUNTSMAN CORPORATION
8.9.1 OVERVIEW
8.9.2 FINANCIALS
8.9.3 PRODUCTS & SERVICES
8.9.4 STRATEGY
8.9.5 DEVELOPMENTS
8.10 INDUSTRIAL INSULATION GROUP
8.10.1 OVERVIEW
8.10.2 FINANCIALS
8.10.3 PRODUCTS & SERVICES
8.10.4 STRATEGY
8.10.5 DEVELOPMENT
8.11 INEOS STYRENICS
8.11.1 OVERVIEW
8.11.2 FINANCIALS
8.11.3 PRODUCTS & SERVICES
8.11.4 STRATEGY
8.11.5 DEVELOPMENT
8.12 JOHNS-MANVILLE CORPORATION
8.12.1 OVERVIEW
8.12.2 FINANCIALS
8.12.3 PRODUCTS & SERVICES
8.12.4 STRATEGY
8.12.5 DEVELOPMENTS
8.13 KINGSPAN GROUP PLC
8.13.1 OVERVIEW
8.13.2 FINANCIALS
8.13.3 PRODUCTS & SERVICES
8.13.4 STRATEGY
8.13.5 DEVELOPMENTS
8.14 KNAUF INSULATION
8.14.1 OVERVIEW
8.14.2 FINANCIALS
8.14.3 PRODUCTS & SERVICES
8.14.3.1 Solutions
8.14.3.1.1 Building Solutions
8.14.3.1.2 Process Solutions
8.14.3.2 Products
8.14.3.2.1 Glass Mineral Wool
8.14.3.2.2 Rock Mineral Wool
8.14.3.2.3 XPS (Extruded Polystyrene)
8.14.3.2.4 Wood Wool
8.14.3.2.5 EPS (Expanded Polystyrene)
8.14.4 STRATEGY
8.14.5 DEVELOPMENTS
8.15 NITTO BOSEKI CO. LTD
8.15.1 OVERVIEW
8.15.2 FINANCIALS
8.15.3 PRODUCTS & SERVICES
8.15.4 STRATEGY
8.15.5 DEVELOPMENTS
8.16 NOVA CHEMICALS CORPORATION
8.16.1 OVERVIEW
8.16.2 FINANCIALS
8.16.3 PRODUCTS & SERVICES
8.16.4 STRATEGY
8.16.5 DEVELOPMENTS
8.17 OWENS CORNING
8.17.1 OVERVIEW
8.17.2 FINANCIALS
8.17.3 PRODUCTS & SERVICES
8.17.4 STRATEGY
8.17.5 DEVELOPMENTS
8.18 PAROC GROUP
8.18.1 OVERVIEW
8.18.2 FINANCIALS
8.18.3 PRODUCTS & SERVICES
8.18.4 STRATEGY
8.18.5 DEVELOPMENT
8.19 RECTICEL SA
8.19.1 OVERVIEW
8.19.2 FINANCIALS
8.19.3 PRODUCTS & SERVICES
8.19.4 STRATEGY
8.19.5 DEVELOPMENTS
8.20 ROCKWOOL INTERNATIONAL
8.20.1 OVERVIEW
8.20.2 FINANCIALS
8.20.3 PRODUCTS & SERVICES
8.20.4 STRATEGY
8.20.5 DEVELOPMENTS
8.21 SAINT-GOBAIN
8.21.1 OVERVIEW
8.21.2 FINANCIALS
8.21.3 PRODUCTS & SERVICES
8.21.4 STRATEGY
8.21.5 DEVELOPMENTS
8.22 SIG PLC
8.22.1 OVERVIEW
8.22.2 FINANCIALS
8.22.3 PRODUCTS & SERVICES
8.22.4 STRATEGY
8.22.5 DEVELOPMENTS
8.23 THE DOW CHEMICAL COMPANY
8.23.1 OVERVIEW
8.23.2 FINANCIALS
8.23.3 PRODUCTS & SERVICES
8.23.4 STRATEGY
8.23.5 DEVELOPMENTS
8.24 THERMAFIBER INC.
8.24.1 OVERVIEW
8.24.2 FINANCIALS
8.24.3 PRODUCTS & SERVICES
8.24.4 STRATEGY
8.24.5 DEVELOPMENTS
8.25 URSA INSULATION SA
8.25.1 OVERVIEW
8.25.2 FINANCIALS
8.25.3 PRODUCTS & SERVICES
8.25.4 STRATEGY
8.25.5 DEVELOPMENTS
LIST OF TABLES
TABLE 1 GLOBAL BUILDING INSULATION MARKET REVENUE, BY MATERIALS, 2009 2016 ($MILLION)
TABLE 2 PRESENCE OF MARKET PLAYERS IN DIFFERENT MARKET SEGMENTS
TABLE 3 REGULATIONS ACROSS THE GLOBE
TABLE 4 KEY END PRODUCTS & APPLICATIONS FOR BUILDING INSULATION
TABLE 5 TEMPERATURE LIMITS OF BUILDING INSULATION MATERIALS
TABLE 6 R-VALUE, BY TYPE OF INSULATIONS
TABLE 7 WOOL INSULATION MARKET REVENUE, BY TYPES, 2009 2016 ($MILLION)
TABLE 8 WOOL INSULATION MARKET VOLUME, BY TYPES, 2009 2016 (THOUSAND TONS UNITS)
TABLE 9 WOOL INSULATION MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 10 WOOL INSULATION MARKET VOLUME, BY GEOGRAPHY, 2009 2016 (THOUSAND TONS UNITS)
TABLE 11 GLASSWOOL INSULATION MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 12 GLASSWOOL INSULATION MARKET VOLUME, BY GEOGRAPHY, 2009 2016 (THOUSAND TONS UNITS)
TABLE 13 ROCKWOOL INSULATION MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 14 ROCKWOOL INSULATION MARKET VOLUME, BY GEOGRAPHY, 2009 2016 (THOUSAND TONS UNITS)
TABLE 15 PLASTIC FOAMS MARKET REVENUE, BY TYPES, 2009 2016 ($MILLION)
TABLE 16 PLASTIC FOAMS MARKET VOLUME, BY TYPES, 2009 2016(THOUSAND TONS UNITS)
TABLE 17 PLASTIC FOAMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 18 PLASTIC FOAMS MARKET VOLUME, BY GEOGRAPHY, 2009 2016 (THOUSAND TONS UNITS)
TABLE 19 EPS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 20 EPS MARKET VOLUME, BY GEOGRAPHY, 2009 2016 (THOUSAND TONS UNITS)
TABLE 21 XPS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 22 XPS MARKET VOLUME, BY GEOGRAPHY, 2009 2016(THOUSAND TONS UNITS)
TABLE 23 POLYURETHANE FOAMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 24 POLYURETHANE FOAMS MARKET VOLUME, BY GEOGRAPHY, 2009 2016 (THOUSAND TONS UNITS)
TABLE 25 OTHERS PLASTIC FOAMS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 26 OTHER INSULATION MATERIALS MARKET REVENUE, BY GEOGRAPHY, 2009 2016 ($MILLION)
TABLE 27 PRESENCE OF MARKET PLAYERS IN DIFFERENT APPLICATIONS
TABLE 28 GLOBAL BUILDING INSULATION MARKET, BY APPLICATIONS, 2009 - 2016 ($MILLION)
TABLE 29 GLOBAL ROOF INSULATION MARKET, BY APPLICATIONS, 2009 - 2016 ($MILLION)
TABLE 30 GLOBAL WALL INSULATION MARKET, BY APPLICATIONS, 2009 - 2016 ($MILLION)
TABLE 31 BUILDING INSULATION MARKET REVENUE, BY GEOGRAPHY, 2009 - 2016 ($MILLION)
TABLE 32 NORTH AMERICA: BUILDING INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 33 NORTH AMERICA: WOOL INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 34 NORTH AMERICA: WOOL INSULATION MARKET VOLUME, BY TYPES, 2009 - 2016 (THOUSAND TONS UNITS)
TABLE 35 NORTH AMERICA: PLASTIC FOAMS MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 36 NORTH AMERICA: KEY MARKET PLAYERS FOR BUILDING INSULATION
TABLE 37 EUROPE: BUILDING INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 38 EUROPE: WOOL INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 39 EUROPE: WOOL INSULATION MARKET VOLUME, BY TYPES, 2009 - 2016 (THOUSAND TONS UNITS)
TABLE 40 EUROPE: PLASTIC FOAMS MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 41 EUROPE: KEY MARKET PLAYERS FOR BUILDING INSULATION
TABLE 42 ASIA: BUILDING INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 43 ASIA: WOOL INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 44 ASIA: WOOL INSULATION MARKET VOLUME, BY TYPES, 2009 - 2016 (THOUSAND TONS UNITS)
TABLE 45 ASIA: PLASTIC FOAMS MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 46 ROW: BUILDING INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 47 ROW: WOOL INSULATION MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 48 ROW: WOOL INSULATION MARKET VOLUME, BY TYPES, 2009 - 2016 (THOUSAND TONS UNITS)
TABLE 49 ROW: PLASTIC FOAMS MARKET REVENUE, BY TYPES, 2009 - 2016 ($MILLION)
TABLE 50 MERGERS & ACQUISITIONS, 2008 2011
TABLE 51 NEW DEVELOPMENTS/TECHNOLOGIES, 2008 2011
TABLE 52 INVESTMENT/JOINT VENTURES/CONTRACTS, 2009 2011
TABLE 53 OTHERS, 2009 2011
TABLE 54 BASF: TOTAL REVENUE GENERATED, BY PRODUCT SALES, 2007 - 2010 ($MILLION)
TABLE 55 BAYER MATERIAL SCIENCE: SALES REVENUE, 2009 - 2010 ($MILLION)
TABLE 56 BBMG CORPORATION: MARKET REVENUE, 2009 - 2010 ($MILLION)
TABLE 57 BEIJING NEW BUILDING MATERIAL: MARKET REVENUE, 2009 - 2010 ($MILLION)
TABLE 58 BYUCKSAN CORPORATION: MARKET REVENUE, 2009 - 2010 ($MILLION)
TABLE 59 CSR LTD: MARKET REVENUE, BY BUSINESS, 2009 - 2010 ($MILLION)
TABLE 60 FLETCHER BUILDING: MARKET REVENUE, BY BUSINESS SEGMENT, 2009 - 2010 ($MILLION)
TABLE 61 HUNTSMAN CORPORATION: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 62 HUNTSMAN CORPORATION: MARKET REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION)
TABLE 63 KINGSPAN GROUP: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 64 KINGSPAN GROUP: MARKET REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION)
TABLE 65 NITTO BOSEKI: TOTAL REVENUE GENERATED, BY PRODUCT SALES, 2009 - 2011 ($MILLION)
TABLE 66 NOVA CHEMICALS: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 67 OWENS CORNING: PRODUCT SALES REVENUE, BY GEOGRAPHY, 2008 2010 ($MILLION)
TABLE 68 OWENS CORNING: PRODUCT SALES, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 69 PAROC GROUP: TOTAL REVENUE GENERATED, BY PRODUCT SALES, 2008 - 2010 ($MILLION)
TABLE 70 RECTICEL SA: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 71 RECTICEL SA: MARKET REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION)
TABLE 72 ROCKWOOL INTERNATIONAL: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 73 ROCKWOOL INTERNATIONAL: MARKET REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION)
TABLE 74 SAINT-GOBAIN: MARKET REVENUE, TOTAL REVENUE, 2009 - 2010 ($MILLION)
TABLE 75 SAINT-GOBAIN: MARKET REVENUE, BY CONSTRUCTION PRODUCT SEGMENTS, 2009 2010 ($MILLION)
TABLE 76 SIG PLC: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 77 SIG PLC: MARKET REVENUE, BY GEOGRAPHY, 2009 - 2010 ($MILLION)
TABLE 78 THE DOW CHEMICAL COMPANY: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2010 ($MILLION)
TABLE 79 THE DOW CHEMICAL COMPANY: MARKET REVENUE, BY GEOGRAPHY, 2009 2010 ($MILLION)
TABLE 80 URSA INSULATION: TOTAL REVENUE, 2009 - 2010 ($MILLION)
LIST OF FIGURES
FIGURE 1 IMPACT OF DRIVERS, RESTRAINTS & OPPORTUNITY
FIGURE 2 VALUE CHAIN FOR BUILDING INSULATION MATERIALS
FIGURE 3 FOCUS AREAS OF KEY PLAYERS & PORTFOLIOS MARKET SHARE, 2011
FIGURE 4 MARKET SEGMENTATION FOR KEY BUILDING INSULATION MATERIALS
FIGURE 5 MARKET SHARE OF BUILDING INSULATION MATERIALS IN DIFFERENT REGIONS, 2011
FIGURE 6 GLASSWOOL VS ROCKWOOL: COMPARISON OF MARKET SHARE IN KEY GEOGRAPHIES, 2011
FIGURE 7 EPS VS XPS: COMPARISON OF MARKET SHARE IN KEY GEOGRAPHIES, 2011
FIGURE 8 ENERGY LOSS THROUGH BUILDINGS
FIGURE 9 BUILDING INSULATION MARKET SHARE, BY GEOGRAPHY, 2011
FIGURE 10 NORTH AMERICA: MARKET SHARE FOR GLASSWOOL, 2011
FIGURE 11 KEY GROWTH STRATEGIES, 2009 2011
Building insulation is used to reduce the amount of power required to heat or cool a home and minimize the amount of heat that escapes during the winter and limits the hot summer air to penetrate into the house. Market tends to be the most cost effective measure in climates that have a wide range of annual average temperatures. The advent of regulations throughout the globe supporting energy efficient buildings is boosting the market for insulation in commercial and residential buildings. The insulation materials are used in a variety of applications which include external wall, internal wall, cavity wall, floors, flat roof, and pitched roof.
The global market is expected to grow at a CAGR of 5.2% from 2011 to 2016. The growth is boosted with dominating wool market in North America and European region and plastic foams in Asian region. Countries such as France, U.K. and Germany are some of the key growing regions in Europe. The energy saving initiatives and continuous modifications in the building regulations have been helpful in supporting the market growth. The Asian market is growing with the expansion of real estate sector throughout the continent in the countries such as India and China. Rising rural to urban migrations in the region is stimulating the housing construction in urban areas; consequently increasing the consumption of insulation materials.
Application of insulation materials in the residential applications has been a key driving factor for the North American market. Increased focus on energy efficient building, stringent requirements for insulation and new building codes have generated awareness in building insulation within the region.
The market is forecasted for wool, plastic foams, and other insulating material segments. The wool insulation is estimated to have the maximum revenue in 2011 with a share of approximately 52% followed by plastic foam insulating materials including extruded polystyrene, expanded polystyrene, and polyurethane with 41% of total revenue.
Global Building Insulation Market Share, By Types, 2011
Source: MarketsandMarkets Analysis
Among the insulation product types, the wool including glasswool and mineral wool is expected to generate maximum revenue by 2016.
