세계의 산업용 단열재 시장 : 소재, 형태, 최종 이용 산업별 예측(2025-2030년)

The Industrial Insulation Market was valued at USD 2.81 billion in 2023, expected to reach USD 2.99 billion in 2024, and is projected to grow at a CAGR of 6.59%, to USD 4.40 billion by 2030.

The industrial insulation market focuses on materials used to isolate equipment, buildings, and other industrial processes to optimize energy efficiency, control temperatures, and reduce noise. Necessity centers on reducing energy costs, preventing condensation, safeguarding personnel, and enhancing process performance. Applications span across power generation, chemical processing, oil & gas, LNG, HVAC, and more, with insulation materials such as fiberglass, mineral wool, polyurethane, and calcium silicate being prevalent. The end-use scope includes sectors like petrochemical, power, refrigeration, and aerospace industries. Key growth factors for this market include the increasing demand for energy conservation, strict building codes, rising industrial activities, and the need for new infrastructure in emerging economies. Innovations in eco-friendly and advanced materials have opened opportunities to capture market share as businesses emphasize sustainability. Incorporating IoT for smart insulation monitoring is another opportunity, aligning with trends for automated processes. However, challenges include fluctuating raw material costs, intensive labor requirements, and skilled labor shortages which affect installation efficiency. The market's growth may also be restrained by high initial costs associated with advanced materials and poor awareness in low-income economies. Businesses should innovate around lightweight, high-performance composites and multi-functional insulating materials to stay ahead. There's significant potential in research for recyclability and reengineering traditional insulation materials for better efficiency. The market is moderately fragmented, influenced by both local players using basic materials and global entities offering advanced solutions, characterized by intense competition. While there is robust demand due to infrastructure expansion and regulatory compliance, leveraging sustainable practices in product development and focusing on comprehensive client education to elevate awareness in untapped regions could drive further growth. For consistent business advancement, tapping into digital transformation trends, such as AI-driven predictive maintenance of insulated systems, will be vital.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Industrial Insulation Market

The Industrial Insulation Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Rising awareness regarding energy conservation and increasing energy costs
  • Regulations mandating the use of insulation for energy conservation
  • Increasing construction of industrial buildings
• Market Restraints
  • Volatility in raw material price
• Market Opportunities
  • Increasing new infrastructure investments and smart building development
  • Advancements in materials for industrial insulation
• Market Challenges
  • Lack of availability of skilled labor

Porter's Five Forces: A Strategic Tool for Navigating the Industrial Insulation Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Industrial Insulation Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Industrial Insulation Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Industrial Insulation Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Industrial Insulation Market

A detailed market share analysis in the Industrial Insulation Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Industrial Insulation Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Industrial Insulation Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Industrial Insulation Market

A strategic analysis of the Industrial Insulation Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Industrial Insulation Market, highlighting leading vendors and their innovative profiles. These include Aerofoam USA LLC, Arabian Fiberglass Insulation Company Ltd., Armacell International S.A., Aspen Aerogels, Inc., Beijing Hocreboard Building Materials Company Limited, Beijing New Building Material (Group) Company Ltd., Cabot Corporation, Glassrock Insulation Company S.A.E., Johns Manville by Berkshire Hathaway Company, Kingspan Group, Knauf Insulation, Inc., Nichias Corporation, Novelis Inc. by Hindalco Industries Limited, Owens Corning, Saint-Gobain Group, and TTM SRL.

Market Segmentation & Coverage

This research report categorizes the Industrial Insulation Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Material, market is studied across Calcium Silicate, Mineral Wool, and Plastic Foams. The Mineral Wool is further studied across Glass Wool and Stone Wool. The Plastic Foams is further studied across Polypropylene (PP), Polystyrene (PS), and Polyurethane (PU).
• Based on Form, market is studied across Blanket, Board, and Pipe.
• Based on End-Use Industry, market is studied across Cement, Chemical & Petrochemical, Food & Beverage, Oil & Gas, and Power.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Rising awareness regarding energy conservation and increasing energy costs
    • 5.1.1.2. Regulations mandating the use of insulation for energy conservation
    • 5.1.1.3. Increasing construction of industrial buildings
  • 5.1.2. Restraints
    • 5.1.2.1. Volatility in raw material price
  • 5.1.3. Opportunities
    • 5.1.3.1. Increasing new infrastructure investments and smart building development
    • 5.1.3.2. Advancements in materials for industrial insulation
  • 5.1.4. Challenges
    • 5.1.4.1. Lack of availability of skilled labor
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Industrial Insulation Market, by Material

• 6.1. Introduction
• 6.2. Calcium Silicate
• 6.3. Mineral Wool
  • 6.3.1. Glass Wool
  • 6.3.2. Stone Wool
• 6.4. Plastic Foams
  • 6.4.1. Polypropylene (PP)
  • 6.4.2. Polystyrene (PS)
  • 6.4.3. Polyurethane (PU)

7. Industrial Insulation Market, by Form

• 7.1. Introduction
• 7.2. Blanket
• 7.3. Board
• 7.4. Pipe

8. Industrial Insulation Market, by End-Use Industry

• 8.1. Introduction
• 8.2. Cement
• 8.3. Chemical & Petrochemical
• 8.4. Food & Beverage
• 8.5. Oil & Gas
• 8.6. Power

9. Americas Industrial Insulation Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Industrial Insulation Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Industrial Insulation Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Aerofoam USA LLC
• 2. Arabian Fiberglass Insulation Company Ltd.
• 3. Armacell International S.A.
• 4. Aspen Aerogels, Inc.
• 5. Beijing Hocreboard Building Materials Company Limited
• 6. Beijing New Building Material (Group) Company Ltd.
• 7. Cabot Corporation
• 8. Glassrock Insulation Company S.A.E.
• 9. Johns Manville by Berkshire Hathaway Company
• 10. Kingspan Group
• 11. Knauf Insulation, Inc.
• 12. Nichias Corporation
• 13. Novelis Inc. by Hindalco Industries Limited
• 14. Owens Corning
• 15. Saint-Gobain Group
• 16. TTM SRL