건축용 단열재 시장 규모, 점유율, 성장 분석 : 유형별, 재료별, 용도별, 지역별 - 산업 예측(2024-2031년)

Global Building Thermal Insulation Market size was valued at USD 31.40 billion in 2022 and is poised to grow from USD 32.81 billion in 2023 to USD 46.66 billion by 2031, at a CAGR of 4.5% during the forecast period (2024-2031).

Thermal insulation is pivotal in enhancing energy efficiency within the construction sector by significantly reducing heat transfer through building enclosures. With thermal conductivity ratings below 0.2 W/mK, high-performance insulation products not only curtail heat loss or gain within indoor spaces but also reinforce structural integrity, particularly in roofing applications. Acknowledging the importance of effective insulation, governments are instituting regulations for minimum insulation standards to promote energy conservation. A notable example is New Zealand's Residential Tenancies Act, which mandates that all rental properties must comply with specific insulation guidelines for ceilings and underfloors since July 2019. The increasing emphasis on energy efficiency across residential and commercial markets is expected to drive a surge in demand for thermal insulation solutions. This trend is further accelerated by growing awareness of energy efficiency issues coupled with stringent government regulations aimed at curtailing energy consumption and greenhouse gas emissions. As energy conservation becomes a top priority, the thermal insulation sector is poised for significant growth, providing both economic and environmental benefits.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Building Thermal Insulation market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Building Thermal Insulation Market Segmental Analysis

Global Building Thermal Insulation Market is segmented by Type, by Material, by Application, by End User and by Region. Based on Type, the market is segmented into software, service, and hardware. Based on function, the market is segmented into Based on application, the market is segmented into industrial and non-industrial. Based on End User, the market is segmented into automotive, consumer electronics, healthcare, agriculture, manufacturing, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Building Thermal Insulation Market

The Building Thermal Insulation market is significantly influenced by increased construction expenditure and urbanization trends. Asia Pacific dominates approximately half of the global construction sector, with its economic growth, swift urban development, and extensive infrastructure projects anticipated to boost the demand for sustainable and energy-efficient residential solutions. This surge in construction activities within the region underlines the necessity for effective thermal insulation materials, which are essential for optimizing energy efficiency and reducing environmental impact. As urban populations grow and infrastructure expands, the demand for high-quality building thermal insulation products is expected to enhance, propelling the market forward.

Restraints in the Global Building Thermal Insulation Market

The Global Building Thermal Insulation market faces several challenges primarily related to health risks associated with insulation materials. For instance, substances like stone and glass wool can cause respiratory issues and eye irritation among users. Furthermore, polymer-based insulation products are subject to strict regulations due to the potential release of carcinogenic emissions during their production. These health and environmental concerns hinder the growth of the market, as they raise awareness and caution among consumers and regulatory bodies alike, thereby impacting the adoption and proliferation of insulation materials in the anticipated timeframe.

Market Trends of the Global Building Thermal Insulation Market

The Global Building Thermal Insulation market is witnessing a significant trend towards eco-friendly and sustainable insulation solutions, driven by heightened environmental awareness and energy efficiency goals. Stakeholders are increasingly favoring insulation materials derived from renewable resources or recycled content, such as natural fibers, recycled plastics, and bio-based foams. This shift not only caters to consumer demand for environmentally responsible products but also aligns with stringent building regulations aimed at reducing carbon footprints. Consequently, manufacturers are investing in innovative technologies to enhance the sustainability of their production processes, thereby reinforcing their market positions in a competitive landscape that prioritizes green building practices.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Technological Advancement
• Regulatory Landscape
• Case Study Analysis
• Customer & Buying Criteria Analysis
• PESTEL Analysis
• Macro-Economic Indicators
• Market Attractiveness Index
• Pricing Analysis

Global Building Thermal Insulation Market Size by Type & CAGR (2024-2031)

• Residential
• Non-Residential
  • Industrial
  • Commercial
  • Others

Global Building Thermal Insulation Market Size by Material & CAGR (2024-2031)

• Plastic Foam
  • Polystyrene Foam
  • Expanded Polystyrene Foam (EPS)
  • Extruded Polystyrene Foam (XPS)
  • PUR & PIR Foam
  • Other Plastic Foams
• Phenolic Foam
• Elastomeric Foam
  • Glass Wool
  • Stone Wool
  • Other Materials
  • Aerogel
  • Cellulose
• Cellular Glass

Global Building Thermal Insulation Market Size by Application & CAGR (2024-2031)

• Wall Insulation
  • External Wall
  • Internal Wall
  • Cavity
• Roof Insulation
  • Flat Roof
  • Pitched Roof
• Floor Insulation

Global Building Thermal Insulation Market Size by Region & CAGR (2024-2031)

• North America, (by Type, by Material, by Application)
  • US
  • Canada
• Europe, (by Type, by Material, by Application)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (by Type, by Material, by Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (by Type, by Material, by Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (by Type, by Material, by Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Rockwool International A/S
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GAF Materials Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Guardian Building Products, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huntsman International LLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Johns Manville Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cellofoam North America, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Atlas Roofing Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CertainTeed Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Building Solutions
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Owens Corning Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Saint-Gobain S.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Byucksan Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kingspan Group PLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF Polyurethanes GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Knauf Gips KG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation