OEM Insulation Market

OEM Insulation Market by Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam, Other Insulations), End Use (Building & Construction, Industrial, Transportation, Consumer), & Region - Global Forecast to 2026

Report Code: CH 4507 Feb, 2022, by marketsandmarkets.com

[170 Pages Report] The global OEM insulation market size is projected to grow from USD 31.0 billion in 2021 to USD 40.8 billion by 2026, at a CAGR of 5.6% between 2021 and 2026. Growth in the transportation and consumer end use industries are increasing the demand for OEM insulation. Growing awareness and increasing government investments in energy conservation is also a key driver for the global OEM insulation market.

OEM Insulation Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 Impact on the Global OEM Insulation Market

The pandemic has impacted more than five billion people across the world, till April 2020. More than 100 countries were under complete or partial lockdown. Supply chain disruption and lockdown due to the pandemic have impacted the GDP of all major economies, such as Germany, the US, China, Japan, the UK, India, Italy, and France. Covid-19 pandemic led to production shutdown, lower demand from industrial sector for OEM insulation products during 1st and 2nd quarters of the 2020, but the industry has bounced back strongly in 2021 and is expected to achieve and exceed the pre-COVID-19 level in 2022. As a result, the demand for OEM insulation products is witnessing moderate growth after a decline in 2020.

The OEM insulation market, by end use, was affected by COVID-19 due to restrictions on international travel, shutdown of tourism sector, halt in construction activities, and shutdown of most of the manufacturing plants. Countries like US, Germany, Italy, India, and France which always have a high demand for end use applications were severely affected by the pandemic resulting in a dip in the overall market in 2020 vs. 2019.

OEM Insulation Market Dynamics

Driver: Building & Construction sector will lead the market growth during and post-COVID-19 pandemic

Over the recent past, OEM insulation is gaining awareness in the building & construction sector across the globe. The trend of constructing energy efficient buildings has increased the demand for OEM insulation between 2018 and 2021. Building & Construction is expected to continue to dominate the end use market with a market share of more than 35% throughout the forecast period. Increasing need of energy efficient goods and equipment, acoustic insulation in partitions and technical advancement of HVAC equipment in construction sector drives the demand for OEM insulation

Large number of public transport vehicles adopting air-conditioned technology –  The applications of insulation in the transportation sector include heat shields, battery insulation, fire protection, and insulation for data recorders. Fireproofing of bodywork and interiors is also a key part of vehicle safety. High-temperature insulation improves vehicle safety, supports advanced technological vehicle components, and extends the useful lifespan of vehicles.

Apart from this, COVID-19 vaccination drive is driving the growth of cold storage industry which in turn increases the demand for thermal insulation materials.

Restrain: Stringent environmental regulations related to manufacturing of PUF

One of the major concerns regarding insulation material is the emission of greenhouse gases during the manufacturing process. Polyurethane foam releases extremely harmful greenhouse gases, for instance, hydrochlorofluorocarbons (HCFC), which are significantly better than Chlorofluorocarbon (CFC) but still have an impact on the environment. The emission rates are highly monitored and standardized for PUF manufacturing. The plants are expected to do periodic checks and reduce the emission of hazardous air pollutants. In various developed countries, the use of methylene-chloride-based products is prohibited.

Challenges: Fluctuating raw material cost leading to pricing pressure on OEMs

Fluctuation in raw material prices of plastic foams is a major restraint in the growth of the OEM insulation materials market. Plastic foams, such as polyurethane foams, and polystyrene foams, are crude oil-based products; and, thus, fluctuations in pricing and availability of crude oil is a major consideration in their production and use. The availability of crude oil-based products, such as polymers, and elastomers, depend on the import and production scenario of various countries. The prices of raw materials depend significantly on logistics (location of manufacturing), labor cost, trading cost, and tariffs.

The pandemic not only led to disruption of the supply chain and lower production, but it also resulted in higher freight costs and thereby higher raw material prices. These factors affect the growth of the market for OEM insulation.

Opportunities: Substitution of legacy materials by eco-friendly FEF

FEF is a technical insulation saving more energy during its service life than it consumes during production. Increased structural insulation ensures that buildings retain heat more reliably, but the efficiency of heating, cooling, and ventilation systems has also been prioritized. Insulation materials, such as NBR, EPDM, and PE, provide a long-term solution for lowering these system’' energy consumption. Closed-cell elastomeric insulation, in most cases, involves a favorable life cycle cost for building owners by providing thermal efficiency, condensation control, low-VOC emissions, mold management, acoustic attenuation, and thermal comfort to help facilitate a safe and productive work environment for building occupants.

Ecosystem Diagram

OEM Insulation Market by Ecosystem Diagram

To know about the assumptions considered for the study, download the pdf brochure

Mineral wool segment is projected to lead the OEM insulation market from 2021 to 2026

Based on material type, the mineral wool-based OEM insulation segment is expected to be the largest market for OEM insulation. The growth can be attributed to the rising demand from the building & construction sector for insulation products with excellent thermal insulation and sound absorption properties.

The building & construction segment estimated to be the largest end user of OEM insulation

An HVAC system in building infrastructure has become a necessity as it plays a crucial role in maintaining air quality. It circulates the air, removes harmful particles or gases from air, and regulates the temperature according to the weather. Heating and cooling are two largest energy consumers in any building. The selection of an energy-efficient HVAC system for both heating and cooling is a necessity as it regulates the flow of air, heat, and ventilation in the buildings and helps in reducing energy bills and leading to energy savings to a large extent. The increase in construction of commercial offices, data centers, warehouses, institutional buildings, and SEZs across the globe, is increasing the demand for OEM insulation market.

OEM Insulation Market by Region

Asia-Pacific is estimated to be the fastest-growing region of the global OEM insulation market

Asia Pacific is expected to be the fastest-growing region, for OEM insulation in industrial segment, with a CAGR of 6% during the forecast period.

Asia Pacific is the third-largest market for OEM insulation. In this report, the Asia-Pacific is segmented into China, Japan, India, South Korea, and Rest of Asia Pacific. It is the fastest-growing market for OEM insulation because of the emerging economies such as India and China, which are growing rapidly. This growth and development are mainly attributed to the high economic growth rate in the region, followed by heavy investments across industries, such as building & construction and automotive.

Key Market Players

Key players such as Covestro AG (Germany), Owens Corning Corp. (US), Rockwool International A/S (Denmark), Saint-Gobain ISOVER (France), Knauf Insulation (US), Huntsman Corporation (US), Armacell International S.A. (Luxembourg), Johns Manville Corporation (US), Kingspan Group (Ireland), China Jushi Co. Ltd. (China), and Rogers Corporation (US) have adopted various strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the OEM insulation market.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Market size available for years

2019–2026

Base year considered

2020

Forecast period

2021–2026

Forecast units

Value (USD Million)

Segments covered

Material Type, End Use, and Region

Geographies covered

North America, Europe, Asia Pacific, and Rest of the world  

Companies covered

Covestro AG (Germany), Owens Corning Corp. (US), Rockwool International A/S (Denmark), Saint-Gobain ISOVER (France), Knauf Insulation (US), Huntsman Corporation (US), Armacell International S.A. (Luxembourg), Johns Manville Corporation (US), Kingspan Group (Ireland), China Jushi Co. Ltd. (China), and Rogers Corporation (US) are the key players in the market.

This research report categorizes the OEM insulation market based on material type, end use, and region.

By Material Type

  • Mineral Wool
    • Fiberglass
    • Stone wool
  • Polyurethane Foam (PUF)
  • Flexible Elastomeric Foam (FEF)
    • Ethylene Propylene Diene Monomer (EPDM)
    • Nitrile Butadiene Rubeer (NBR)
    • Polyethylene Insulation (PE)
  • Other Insulations
    • Extruded Polystyrene Insulation (XPS)
    • Expanded Polystyrene Insulation (EPS)
    • Aerogel
    • Others

By End Use

  • Building & Construction
  • Industrial
    • Refrigeration
    • Oil & Petrochemical
    • Food Processing
    • Power Generation & others
  • Transportation
    • Aerospace & Defense
    • Automotive
    • Others (Marine, HVAC, and others)
  • Consumer
    • Consumer goods
    • Lighting & other electronics

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Recent Developments

  • In July 2021, Owens Corning announced the acquisition of vliepa GmbH (Germany) which specializes in the coating, printing, finishing of nonwovens, paper and film for the building materials industry. The acquisition helps Owens Corning to serve the building and construction market in the European region.
  • In February 2020, Parafon, the producer of stonewool based acoustic solutions has been acquired by Rockwool International AS to become a part of its Rockfon business. By acquiring this company, Rockfon is establishing its footmarks in northern Europe and nourishing stone wool with its excellent acoustic performance in order to enhance the range of consumers and segments.
  • In January 2020, Covestro AG collaborated with Recticel NV/SA to develop mattresses from end-of-life mattresses. This collaboration aims at creating a circular economy in the polyurethane foam market that is expected to help both the companies in reducing the use of raw materials to produce polyurethane foams

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 19)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 23)
    2.1 RESEARCH DATA
           FIGURE 1 OEM INSULATION MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                    FIGURE 4 METHODOLOGY FOR “DEMAND-SIDE” SIZING OF OEM INSULATION MARKET
                    FIGURE 5 METHODOLOGY FOR “SUPPLY-SIDE” SIZING OF OEM INSULATION MARKET (1/2)
                    FIGURE 6 METHODOLOGY FOR “SUPPLY-SIDE” SIZING OF OEM INSULATION MARKET (2/2)
    2.3 DATA TRIANGULATION
           FIGURE 7 OEM INSULATION MARKET: DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS
    2.5 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 31)
    FIGURE 8 MINERAL WOOL LED OEM INSULATION MARKET, BY MATERIAL TYPE
    FIGURE 9 BUILDING & CONSTRUCTION ACCOUNTED FOR LARGEST SHARE IN OEM INSULATION MARKET, BY END USE (2021)
    FIGURE 10 EUROPE ACCOUNTED FOR LARGEST SHARE IN OEM INSULATION MARKET, BY REGION

4 PREMIUM INSIGHTS (Page No. - 34)
    4.1 ATTRACTIVE OPPORTUNITIES IN OEM INSULATION MARKET
           FIGURE 11 CONSIDERABLE INCREASE IN DEMAND FOR OEM INSULATION IN ASIA PACIFIC EXPECTED DURING FORECAST PERIOD
    4.2 OEM INSULATION MARKET, BY REGION
           FIGURE 12 EUROPE HELD LARGEST MARKET SIZE IN 2020
    4.3 OEM INSULATION MARKET IN ASIA PACIFIC, BY MATERIAL TYPE AND COUNTRY
           FIGURE 13 PUF AND CHINA ACCOUNTED FOR LARGEST SHARES IN OEM INSULATION MARKET IN ASIA PACIFIC
    4.4 OEM INSULATION MARKET, BY REGION & MATERIAL TYPE, IN 2020
           FIGURE 14 MINERAL WOOL ACCOUNTED FOR LARGEST MARKET SHARE IN EUROPE, IN 2020
    4.5 OEM INSULATION MARKET: MAJOR COUNTRIES
           FIGURE 15 CHINA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 37)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN OEM INSULATION MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Technical advancement of HVAC equipment in construction sector drives demand for OEM insulation
                    5.2.1.2 Large number of public transport vehicles adopting air-conditioned technology
                    5.2.1.3 COVID-19 vaccination drive driving growth of insulation materials in refrigeration industry
           5.2.2 RESTRAINTS
                    5.2.2.1 Unorganized OEM insulation market in Asia Pacific countries disrupting value chain
                    5.2.2.2 Stringent environmental regulations related to manufacturing of polyurethane foam
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Stringent regulations mandating use of insulation materials for energy conservation
                    5.2.3.2 Substitution of legacy materials by eco-friendly flexible elastomeric foam
           5.2.4 CHALLENGES
                    5.2.4.1 Fluctuating raw material costs leading to pricing pressure on OEMs
    5.3 VALUE CHAIN ANALYSIS
           FIGURE 17 VALUE CHAIN ANALYSIS OF OEM INSULATION MARKET
           5.3.1 RAW MATERIAL SUPPLIERS
           5.3.2 OEM INSULATION MANUFACTURERS
           5.3.3 OEM INSULATION DISTRIBUTORS
           5.3.4 OEM INSULATION PRODUCT FABRICATORS/CONVERTERS
           5.3.5 IMPACT OF COVID-19 ON VALUE CHAIN
                    5.3.5.1 Action plan against current vulnerability
    5.4 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 18 OEM INSULATION MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.4.1 INTENSITY OF COMPETITIVE RIVALRY
           5.4.2 BARGAINING POWER OF BUYERS
           5.4.3 BARGAINING POWER OF SUPPLIERS
           5.4.4 THREAT OF SUBSTITUTES
           5.4.5 THREAT OF NEW ENTRANTS
    5.5 MACROECONOMIC INDICATORS
           5.5.1 INTRODUCTION
           5.5.2 TRENDS AND FORECAST OF GDP
                    TABLE 1 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE
    5.6 COVID-19 IMPACT ANALYSIS
           5.6.1 COVID-19 ECONOMIC ASSESSMENT
                    FIGURE 19 LATEST WORLD ECONOMIC OUTLOOK GROWTH PROJECTIONS
           5.6.2 ECONOMIC IMPACT OF COVID-19 – SCENARIO ASSESSMENT
                    FIGURE 20 FACTORS IMPACTING ECONOMIES OF SELECT G20 COUNTRIES IN 2020
           5.6.3 IMPACT ON CONSTRUCTION INDUSTRY
           5.6.4 IMPACT ON AUTOMOTIVE INDUSTRY
           5.6.5 IMPACT ON ELECTRICAL INDUSTRY
    5.7 CASE STUDY
           5.7.1 DIE-CUT PUF FOR HEAVY TRUCK MANUFACTURER
           5.7.2 STONE WOOL INSULATION SLAB USED ACROSS SALAMANDER STREET
           5.7.3 A CASE STUDY ON AEROGEL BY HELIX ENERGY SOLUTIONS GROUP
           5.7.4 A CASE STUDY ON ASPEN AEROGELS CONTRACT FOR PTT LNG INSULATION
    5.8 TECHNOLOGY ANALYSIS
           5.8.1 AEROGEL
                    5.8.1.1 SOL-GEL process
                    5.8.1.2 Nano compositing
                    5.8.1.3 Supercritical drying
                    5.8.1.4 STELMOR process
    5.9 OEM INSULATION ECOSYSTEM
           FIGURE 21 OEM INSULATION MARKET ECOSYSTEM
    5.10 PRICE ANALYSIS
           TABLE 2 PRICE ANALYSIS OF FIBERGLASS (USD/KG)
           TABLE 3 PRICE ANALYSIS OF STONE WOOL (USD/SQM)
           TABLE 4 PRICE ANALYSIS OF PUF (USD/KG)
           TABLE 5 PRICE ANALYSIS OF EPDM (USD/KG)
           TABLE 6 PRICE ANALYSIS OF NBR (USD/KG)
           TABLE 7 PRICE ANALYSIS OF PE (USD/SQM)
           TABLE 8 PRICE ANALYSIS OF XPS (USD/CUBIC METER)
           TABLE 9 PRICE ANALYSIS OF EPS (USD/KG)
    5.11 PATENT ANALYSIS
           5.11.1 METHODOLOGY
                     FIGURE 22 53% OF ALL PATENT APPLICATIONS GRANTED, 2018–2021
                     TABLE 10 PATENT ANALYSIS, 2018–2021
                     FIGURE 23 INSULATION PATENTS FILING TREND, 2018–2021
                     FIGURE 24 PATENT JURISDICTION ANALYSIS, 2018–2021
                     FIGURE 25 TOP APPLICANTS, 2018–2021
                     TABLE 11 PATENTS APPLIED, BY COMPANY, 2018–2021

6 OEM INSULATION MARKET, BY MATERIAL TYPE (Page No. - 59)
    6.1 INTRODUCTION
           FIGURE 26 PUF EXPECTED TO GAIN MARKET SHARE DURING FORECAST PERIOD
           TABLE 12 OEM INSULATION MARKET SIZE, BY MATERIAL TYPE, 2019–2026 (USD MILLION)
    6.2 MINERAL WOOL
           6.2.1 RISE IN DEMAND FOR COST & ENERGY-EFFICIENT BUILDINGS DRIVES MINERAL WOOL SEGMENT OF OEM INSULATION MARKET
                    TABLE 13 MINERAL WOOL MARKET SIZE, BY MATERIAL TYPE, 2019–2026 (USD MILLION)
                    TABLE 14 MINERAL WOOL MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           6.2.2 FIBERGLASS
           6.2.3 STONE WOOL
    6.3 POLYURETHANE FOAM (PUF)
           6.3.1 INCREASING DEMAND FOR BIO-BASED PUF IN INSULATION DRIVES GROWTH OF PUF SEGMENT OF OEM INSULATION MARKET
                    TABLE 15 PUF MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    6.4 FLEXIBLE ELASTOMERIC FOAM (FEF)
           6.4.1 INCREASING USAGE OF HVAC SYSTEMS TO DRIVE DEMAND FOR FEF
                    TABLE 16 FEF MARKET SIZE, BY MATERIAL TYPE, 2019–2026 (USD MILLION)
                    TABLE 17 FEF MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           6.4.2 ETHYLENE PROPYLENE DIENE MONOMER (EPDM)
           6.4.3 NITRILE BUTADIENE RUBBER (NBR)
           6.4.4 POLYETHYLENE INSULATION (PE)
    6.5 OTHER INSULATIONS
           TABLE 18 OTHER INSULATIONS MARKET SIZE, BY MATERIAL TYPE, 2019–2026 (USD MILLION)
           TABLE 19 OTHER INSULATIONS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           6.5.1 EXTRUDED POLYSTYRENE INSULATION (XPS)
           6.5.2 EXPANDED POLYSTYRENE INSULATION (EPS)
           6.5.3 AEROGEL
           6.5.4 OTHERS

7 OEM INSULATION MARKET, BY END USE (Page No. - 68)
    7.1 INTRODUCTION
           FIGURE 27 BUILDING & CONSTRUCTION TO LEAD OEM INSULATION MARKET, BY END USE
           TABLE 20 OEM INSULATION MARKET SIZE, BY END USE, 2019–2026 (USD MILLION)
    7.2 BUILDING & CONSTRUCTION
           7.2.1 RISE IN DEMAND FOR ENERGY-EFFICIENT BUILDINGS DRIVES BUILDING & CONSTRUCTION SEGMENT
                    TABLE 21 OEM INSULATION MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2019–2026 (USD MILLION)
    7.3 INDUSTRIAL
           7.3.1 RISE IN DEMAND FOR INSULATION IN PROCESS INDUSTRIES DRIVES GROWTH OF INDUSTRIAL SEGMENT
                    TABLE 22 OEM INSULATION MARKET SIZE IN INDUSTRIAL, BY END USE, 2019–2026 (USD MILLION)
                    TABLE 23 OEM INSULATION MARKET SIZE IN INDUSTRIAL, BY REGION, 2019–2026 (USD MILLION)
           7.3.2 REFRIGERATION
           7.3.3 OIL & PETROCHEMICAL
           7.3.4 FOOD PROCESSING
           7.3.5 POWER GENERATION & OTHERS
    7.4 TRANSPORTATION
           7.4.1 DEMAND FOR OEM INSULATION IS HIGH FOR HIGH-TEMPERATURE TRANSPORT EQUIPMENT
                    TABLE 24 OEM INSULATION MARKET SIZE IN TRANSPORTATION, BY END USE, 2019–2026 (USD MILLION)
                    TABLE 25 OEM INSULATION MARKET SIZE IN TRANSPORTATION, BY REGION, 2019–2026 (USD MILLION)
           7.4.2 AEROSPACE & DEFENSE
           7.4.3 AUTOMOTIVE
           7.4.4 OTHER TRANSPORTATION
    7.5 CONSUMER
           7.5.1 ASIA PACIFIC TO LEAD CONSUMER END USE FOR OEM INSULATION IN 2020
                    TABLE 26 OEM INSULATION MARKET SIZE IN CONSUMER, BY REGION, 2019–2026 (USD MILLION)
           7.5.2 CONSUMER GOODS
           7.5.3 LIGHTING & OTHER ELECTRONICS

8 OEM INSULATION MARKET, BY REGION (Page No. - 76)
    8.1 INTRODUCTION
           FIGURE 28 EUROPE TO LEAD OEM INSULATION MARKET BETWEEN 2021 AND 2026
           TABLE 27 OEM INSULATION MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    8.2 NORTH AMERICA
           FIGURE 29 NORTH AMERICA: OEM INSULATION MARKET SNAPSHOT
           TABLE 28 NORTH AMERICA: OEM INSULATION MARKET SIZE, BY MATERIAL TYPE, 2019–2026 (USD MILLION)
           TABLE 29 NORTH AMERICA: OEM INSULATION MARKET SIZE, BY END USE, 2019–2026 (USD MILLION)
           TABLE 30 NORTH AMERICA: OEM INSULATION MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           8.2.1 US
                    8.2.1.1 US leads the demand for OEM insulation in North America
           8.2.2 CANADA
                    8.2.2.1 Canada is second-largest consumer of OEM insulation in North America
           8.2.3 MEXICO
                    8.2.3.1 Government's clean energy initiative is expected to propel demand for OEM insulation
    8.3 EUROPE
           FIGURE 30 EUROPE: OEM INSULATION MARKET SNAPSHOT
           TABLE 31 EUROPE: OEM INSULATION MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 32 EUROPE: OEM INSULATION MARKET SIZE, BY MATERIAL TYPE, 2019–2026 USD MILLION)
           TABLE 33 EUROPE: OEM INSULATION MARKET SIZE, BY END USE, 2019–2026 (USD MILLION)
           8.3.1 FRANCE
                    8.3.1.1 Transition to clean economy using renewable energy is expected to boost demand for OEM insulation
           8.3.2 RUSSIA
                    8.3.2.1 Growth of industrial sector fueling demand in major end-use industries
           8.3.3 GERMANY
                    8.3.3.1 Investments in chemical and petrochemical industry drives OEM insulation market
           8.3.4 ITALY
                    8.3.4.1 Growing investments in petrochemical industry is fueling demand for OEM insulation
           8.3.5 UK
                    8.3.5.1 Commercial building sector to exhibit growth in the country
           8.3.6 REST OF EUROPE
    8.4 ASIA PACIFIC
           TABLE 34 ASIA PACIFIC: OEM INSULATION MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 35 ASIA PACIFIC: OEM INSULATION MARKET SIZE, BY MATERIAL TYPE, 2019–2026 (USD MILLION)
           TABLE 36 ASIA PACIFIC: OEM INSULATION MARKET SIZE, BY END USE, 2019–2026 (USD MILLION)
           8.4.1 CHINA
                    8.4.1.1 Rapid economic growth drives OEM insulation market in China
           8.4.2 JAPAN
                    8.4.2.1 Rise in export of chemical-based products to drive OEM insulation market
           8.4.3 INDIA
                    8.4.3.1 Growing urban population to drive market in commercial building sector
           8.4.4 SOUTH KOREA
                    8.4.4.1 Increase in export of electronics propelling consumption of OEM insulation
           8.4.5 REST OF ASIA PACIFIC
    8.5 REST OF THE WORLD
           TABLE 37 ROW: OEM INSULATION MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 38 ROW: OEM INSULATION MARKET SIZE, BY MATERIAL TYPE, 2019–2026 (USD MILLION)
           TABLE 39 ROW: OEM INSULATION MARKET SIZE, BY END USE, 2019–2026 (USD MILLION)

9 COMPETITIVE LANDSCAPE (Page No. - 91)
    9.1 INTRODUCTION
    9.2 MARKET EVALUATION FRAMEWORK
           FIGURE 31 OEM INSULATION MARKET EVALUATION FRAMEWORK, 2018–2022
    9.3 STRATEGIES ADOPTED BY KEY PLAYERS
           TABLE 40 OVERVIEW OF STRATEGIES ADOPTED BY OEM INSULATION MANUFACTURERS
    9.4 MARKET SHARE ANALYSIS
           9.4.1 RANKING OF KEY MARKET PLAYERS, 2020
           FIGURE 32 RANKING OF TOP FIVE PLAYERS IN OEM INSULATION MARKET, 2020
           9.4.2 MARKET SHARE OF KEY PLAYERS
                    TABLE 41 OEM INSULATION MARKET: DEGREE OF COMPETITION
                    FIGURE 33 COVESTRO AG IS LEADING PLAYER IN OEM INSULATION MARKET
                    9.4.2.1 Covestro AG
                    9.4.2.2 Owens Corning
                    9.4.2.3 Rockwool International A/S
                    9.4.2.4 Saint-Gobain ISOVER
                    9.4.2.5 Knauf Insulation
    9.5 REVENUE ANALYSIS OF TOP THREE PLAYERS
           TABLE 42 REVENUE ANALYSIS OF TOP 3 PLAYERS (USD MILLION)
    9.6 COMPANY PRODUCT FOOTPRINT ANALYSIS
           TABLE 43 OEM INSULATION MARKET: MATERIAL TYPE FOOTPRINT
           TABLE 44 OEM INSULATION MARKET: REGION TYPE FOOTPRINT
    9.7 COMPANY EVALUATION MATRIX (TIER 1)
           9.7.1 TERMINOLOGY/NOMENCLATURE
                    9.7.1.1 Stars
                    9.7.1.2 Emerging Leaders
                    9.7.1.3 Pervasive
                    9.7.1.4 Participants
                               FIGURE 34 COMPANY EVALUATION MATRIX FOR OEM INSULATION MARKET
    9.8 START-UPS/ SMES EVALUATION MATRIX
           9.8.1 TERMINOLOGY/ NOMENCLATURE
                    9.8.1.1 Progressive companies
                    9.8.1.2 Responsive companies
                    9.8.1.3 Dynamic companies
                    9.8.1.4 Starting blocks
                               FIGURE 35 START-UP/ SMES EVALUATION MATRIX FOR OEM INSULATION MARKET
    9.9 COMPETITIVE SITUATIONS AND TRENDS
           9.9.1 NEW PRODUCT LAUNCHES
                    TABLE 45 OEM INSULATION MARKET: NEW PRODUCT LAUNCHES, JANUARY 2018–JANUARY 2022
           9.9.2 DEALS
                    TABLE 46 OEM INSULATION MARKET: DEALS, JANUARY 2018–JANUARY 2022
           9.9.3 OTHER DEVELOPMENTS
                    TABLE 47 OEM INSULATION MARKET: OTHER DEVELOPMENTS, JANUARY 2018–JANUARY 2022

10 COMPANY PROFILES (Page No. - 106)
(Business overview, Products offered, Recent developments, Winning imperatives & MnM View)* 
     10.1 KEY PLAYERS
             10.1.1 COVESTRO AG
                        TABLE 48 COVESTRO AG: BUSINESS OVERVIEW
                        FIGURE 36 COVESTRO AG: COMPANY SNAPSHOT
                        TABLE 49 COVESTRO AG: PRODUCT LAUNCHES
                        TABLE 50 COVESTRO AG: DEALS
                        TABLE 51 COVESTRO AG: OTHER DEVELOPMENTS
             10.1.2 OWENS CORNING
                        TABLE 52 OWENS CORNING: BUSINESS OVERVIEW
                        FIGURE 37 OWENS CORNING: COMPANY SNAPSHOT
                        TABLE 53 OWENS CORNING: PRODUCT LAUNCHES
                        TABLE 54 OWENS CORNING: DEALS
                        TABLE 55 OWENS CORNING: OTHER DEVELOPMENTS
             10.1.3 ROCKWOOL INTERNATIONAL A/S
                        TABLE 56 ROCKWOOL INTERNATIONAL A/S: BUSINESS OVERVIEW
                        FIGURE 38 ROCKWOOL INTERNATIONAL A/S: COMPANY SNAPSHOT
                        TABLE 57 ROCKWOOL INTERNATIONAL A/S: PRODUCT LAUNCHES
                        TABLE 58 ROCKWOOL INTERNATIONAL A/S: DEALS
                        TABLE 59 ROCKWOOL INTERNATIONAL A/S: OTHER DEVELOPMENTS
             10.1.4 HUNTSMAN CORPORATION
                        TABLE 60 HUNTSMAN CORPORATION: BUSINESS OVERVIEW
                        FIGURE 39 HUNTSMAN CORPORATION: COMPANY SNAPSHOT
                        TABLE 61 HUNTSMAN CORPORATION: PRODUCT LAUNCHES
                        TABLE 62 HUNTSMAN CORPORATION: DEALS
                        TABLE 63 HUNTSMAN CORPORATION: OTHER DEVELOPMENTS
             10.1.5 ARMACELL INTERNATIONAL S.A.
                        TABLE 64 ARMACELL INTERNATIONAL S.A.: BUSINESS OVERVIEW
                        FIGURE 40 ARMACELL INTERNATIONAL S.A.: COMPANY SNAPSHOT
                        TABLE 65 ARMACELL INTERNATIONAL S.A.: PRODUCT LAUNCHES
                        TABLE 66 ARMACELL INTERNATIONAL S.A.: DEALS
             10.1.6 SAINT-GOBAIN ISOVER
                        TABLE 67 SAINT-GOBAIN ISOVER: BUSINESS OVERVIEW
                        TABLE 68 SAINT-GOBAIN ISOVER: DEALS
             10.1.7 JOHNS MANVILLE CORPORATION
                        TABLE 69 JOHNS MANVILLE CORPORATION: BUSINESS OVERVIEW
                        TABLE 70 JOHNS MANVILLE CORPORATION: PRODUCT LAUNCHES
                        TABLE 71 JOHNS MANVILLE CORPORATION: DEALS
                        TABLE 72 JOHNS MANVILLE CORPORATION: OTHER DEVELOPMENTS
             10.1.8 KNAUF INSULATION
                        TABLE 73 KNAUF INSULATION: BUSINESS OVERVIEW
                        TABLE 74 KNAUF INSULATION: OTHER DEVELOPMENTS
             10.1.9 KINGSPAN GROUP
                        TABLE 75 KINGSPAN GROUP: BUSINESS OVERVIEW
                        FIGURE 41 KINGSPAN GROUP: COMPANY SNAPSHOT
                        TABLE 76 KINGSPAN GROUP: DEALS
                        TABLE 77 KINGSPAN GROUP: OTHER DEVELOPMENTS
             10.1.10 CHINA JUSHI CO., LTD.
                        TABLE 78 CHINA JUSHI CO., LTD.: BUSINESS OVERVIEW
                        TABLE 79 CHINA JUSHI CO., LTD.: PRODUCT LAUNCHES
                        TABLE 80 CHINA JUSHI CO., LTD.: OTHER DEVELOPMENTS
     10.2 OTHER PLAYERS
             10.2.1 ROGERS CORPORATION
                        TABLE 81 ROGERS CORPORATION: BUSINESS OVERVIEW
                        FIGURE 42 ROGERS CORPORATION: COMPANY SNAPSHOT
                        TABLE 82 ROGERS CORPORATION: PRODUCT LAUNCHES
                        TABLE 83 ROGERS CORPORATION: DEALS
                        TABLE 84 ROGERS CORPORATION: OTHER DEVELOPMENTS
             10.2.2 RECTICEL NV/SA
                        TABLE 85 RECTICEL NV/SA: BUSINESS OVERVIEW
                        FIGURE 43 RECTICEL NV/SA: COMPANY SNAPSHOT
                        TABLE 86 RECTICEL NV/SA: DEALS
             10.2.3 ASPEN AEROGELS, INC.
                        TABLE 87 ASPEN AEROGELS, INC.: BUSINESS OVERVIEW
                        FIGURE 44 ASPEN AEROGELS, INC.: COMPANY SNAPSHOT
                        TABLE 88 ASPEN AEROGELS, INC.: DEALS
             10.2.4 MORGAN ADVANCED MATERIALS PLC
                        TABLE 89 MORGAN ADVANCED MATERIALS PLC: BUSINESS OVERVIEW
                        FIGURE 45 MORGAN ADVANCED MATERIALS PLC: COMPANY SNAPSHOT
             10.2.5 HUAMEI ENERGY-SAVING TECHNOLOGY GROUP CO., LTD.
                        TABLE 90 HUAMEI ENERGY-SAVING TECHNOLOGY GROUP CO., LTD.: BUSINESS OVERVIEW
             10.2.6 L’ISOLANTE K’FLEX S.P.A
                        TABLE 91 L’ISOLANTE K-FLEX S.P.A: BUSINESS OVERVIEW
             10.2.7 HIRA INDUSTRIES LLC
                        TABLE 92 HIRA INDUSTRIES LLC: BUSINESS OVERVIEW
             10.2.8 AEROFLEX COMPANY LIMITED
                        TABLE 93 AEROFLEX COMPANY LIMITED: BUSINESS OVERVIEW
             10.2.9 SCOTT INDUSTRIES LLC
                        TABLE 94 SCOTT INDUSTRIES LLC: BUSINESS OVERVIEW
             10.2.10 VERSALIS S.P.A
                        TABLE 95 VERSALIS S.P.A: BUSINESS OVERVIEW
             10.2.11 ARTIK OEM, INC.
                        TABLE 96 ARTIK OEM, INC.: BUSINESS OVERVIEW
             10.2.12 ANCO PRODUCTS, INC.
                        TABLE 97 ANCO PRODUCTS, INC.: BUSINESS OVERVIEW
             10.2.13 PALZIV
                        TABLE 98 PALZIV: BUSINESS OVERVIEW
             10.2.14 UNIFRAX
                        TABLE 99 UNIFRAX: BUSINESS OVERVIEW
             10.2.15 WINCELL
                        TABLE 100 WINCELL: BUSINESS OVERVIEW
*Details on Business overview, Products offered, Recent developments, Winning imperatives & MnM View might not be captured in case of unlisted companies. 

11 APPENDIX (Page No. - 163)
     11.1 DISCUSSION GUIDE
     11.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     11.3 AVAILABLE CUSTOMIZATIONS
     11.4 RELATED REPORTS
     11.5 AUTHOR DETAILS

The study involved four major activities for estimating the current size of the global OEM insulation market. Exhaustive secondary research was carried out to collect information on the market, the peer market, and the parent market. The COVID-19 pandemic impact on the demand with respect to application areas and countries were comprehended. The next step was to validate these findings, assumptions, and sizes with the industry experts across the value chain of OEM insulation market through primary research. Both the top-down and bottom-up approaches were employed to estimate the overall size of the OEM insulation market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Factiva, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, to identify and collect information for this study on the OEM insulation market. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; regulatory bodies, trade directories, and databases.

Primary Research

Various primary sources from both the supply and demand sides of the OEM insulation market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts, such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various leading companies and organizations operating in the OEM insulation industry. The primary sources from the demand side included key executives from end-use industries. The breakdown of the profiles of primary respondents is as follows:

OEM Insulation Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the size of the global OEM insulation market. These approaches were also used extensively to estimate the size of various segments of the market. The research methodology used to estimate the market size included the following details:

  • The key players were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • Impact of COVID-19 pandemic was ascertained
  • All percentage split and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub-segments of the OEM insulation market. The data was triangulated by studying various factors and trends from both the demand- and supply-side.

Report Objectives

  • To define, analyze, and project the size of the OEM insulation market in terms of value, based on material type, end use, and region
  • To project the size of the market and its segments with respect to the regions, namely, North America, Europe, Asia Pacific, and Rest of the world
  • To provide detailed information about the key factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market
  • To strategically analyze the OEM insulation market with respect to COVID-19 pandemic impact, prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders and provide a detailed competitive landscape of the market leaders
  • To analyze the competitive developments, such as new product launches, expansions, and acquisitions, in the OEM insulation market
  • To strategically profile the key players operating in the market and comprehensively analyze their market shares and core competencies

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the OEM insulation report:

Product Analysis

  • Product matrix, which offers a detailed comparison of the product portfolio of companies

Regional Analysis

  • Further analysis of the OEM insulation market for additional countries

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Report Code
CH 4507
Published ON
Feb, 2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
Practices
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the OEM Insulation Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved