Global Thermal Insulation Materials Market (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane, Others): Analysis By End-Use, By Region, By Country (2018 Edition) – Forecast to 2023 • By End-Use Industry (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), • By Region (Europe, North America, Asia
Pacific, ROW- Latin America, Middle East & Africa), • By Country (United States, Canada, Mexico, Germany, France, United Kingdom, Italy, China, South Korea, Japan)
(c) AZOTH Analytics
June 2018 1
Global Thermal Insulation Market : By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By End-Use (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Region (Europe, North America, Asia Pacific, ROW- Latin America, Middle East & Africa), By Country (United States, Canada, Mexico, Germany, France, United Kingdom., Italy, China, South Korea, Japan): (2013-2023)
Scope of the Study
Global Coverage
Segment Coverage
Regional Coverage
By Materials Type
Country Coverage Global Coverage
Global Thermal Insulation Market, By Value & Volume (2013 –2017)
Global Thermal Insulation Market, By Value & Volume (2018 –2023) Global Thermal Insulation Market, By Material type, By Value (2013 –2023) Global Thermal Insulation Market, By Application, By Value (2013 – 2023) Global Thermal Insulation Market, By Region (North America, Europe, APAC, ROW), By Value & By Volume (2013-2023)
By Application Type
Segment Coverage
Region (North America, Europe, APAC, ROW- Latin America, Middle East & Africa) Country (U.S, Canada, Mexico, Germany, France, United Kingdom, Italy China, India, Japan)
Country Coverage United States
Global Thermal Insulation Market, By Material Type: (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), (2013 –2023) Global Thermal Insulation Market, By End-Use : (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), (2013 – 2023)
Canada
Company Coverage Armacell Rockwool Owens Corning Saint Gobain
Mexico Germany United Kingdom
BASF DOW Chemicals Huntsman corporation Paroc Group Knauf Insulation
France
Johns Manville
Italy China South Korea Japan
Sales Revenue Analysis Business Overview Trend ,Drivers and Challenges Five Force Porters Supply chain Company Share *for listed companies
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2
Scope of the Report – Global Thermal Insulation Market Historical
Regional (By Value & Volume)
Global –By Value & Volume
2013
2014
2015
Forecast 2016
2017
2018
2019
2020
2021
2022
2023
By Material Type, By Value By Application Type, By Value Market (By Value & Volume) North America Europe Asia Pacific Rest of World Market (By Value in Million USD)
Country (By Value)
United States of America Canada Mexico Germany France United Kingdom Italy Rest of Europe China South Korea Japan Rest of Asia Company Analysis Regional Analysis Country Analysis
Armacell, Rockwool, Owens Corning, Saint Gobain, BASF, DOW Chemicals, Huntsman corporation, Paroc Group, Knauf Insulation, Johns Manville North America, Europe, APAC, ROW U.S, Canada, Mexico, Germany, France, U.K, Italy, China, South Korea, Japan
(c) AZOTH Analytics
3
Table of Content S.No
Particulars
Page No.
1.
Research Methodology
19
2.
Executive Summary
20
3.
Strategic Recommendation
21
3.1
Exploring new markets.
22
3.2
Focus towards product mix to deliver more efficient and environment friendly thermal insulation.
23
4.
Thermal Insulation Outlook
24
5.
Global Thermal Insulation Market : Growth and Forecast
36
6.
5.1
Global Thermal Insulation Market : By Value (2013-2017)
37
5.2
Global Thermal Insulation Market : By Volume (2013-2017)
38
5.3
Global Thermal Insulation Market : By Value (2018-2023)
39
5.4
Global Thermal Insulation Market : By Volume (2018-2023)
40
Global Thermal Insulation Market – Segment Analysis
6.1
Global Thermal Insulation Market -By Materials Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
43
6.2
Global Thermal Insulation Market -By Application Type (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
47
6.3
Global Thermal Insulation Market -By Regional Analysis (2013-2023)
50
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Table of Content S. No 7.
8.
Particulars
Page No.
North America Thermal Insulation Market: An Analysis 7.1.
North America Thermal Insulation Market : By Value (2013-2017)
54
7.2
North America Thermal Insulation Market : By Volume (2013-2017)
55
7.3
North America Thermal Insulation Market : By Value (2018-2023)
56
7.4
North America Thermal Insulation Market : By Volume (2018-2023)
7.5
North America Thermal Insulation Market -By Materials Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
58
7.6
North America Thermal Insulation Market -By Application Type (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
59
57
North America Thermal Insulation Market: Country Analysis 8.1
United States Thermal Insulation Market Size- By Value (2013-2023)
63
8.2
United States Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
65
8.3
United States Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
66
8.4
United States Economic and Industrial Statistics
68
8.5
Canada Thermal Insulation Market Size- By Value (2013-2023)
70
8.6
Canada Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
71
8.7
Canada Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
72
8.8
Canada Economic and Industrial Statistics
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73
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Table of Content S. No
Particulars Mexico Thermal Insulation Market Size- By Value (2013-2023)
75
8.10
Mexico Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
76
8.11
Mexico Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
77
8.12
Mexico Economic and Industrial Statistics
78
8.9
9.
10
Page No.
Europe Thermal Insulation Market: An Analysis 9.1
Europe Thermal Insulation Market : By Value (2013-2017)
81
9.2
Europe Thermal Insulation Market : By Volume (2013-2017)
82
9.3
Europe Thermal Insulation Market : By Value (2018-2023)
83
9.4
Europe Thermal Insulation Market : By Volume (2018-2023)
84
9.5
Europe Thermal Insulation Market -By Materials Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
85
9.6
Europe Thermal Insulation Market -By Application Type (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
86
Europe Thermal Insulation Market: Country Analysis 10.1
Germany Thermal Insulation Market Size- By Value (2013-2023)
89
10.2
Germany Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
90
10.3
Germany Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
91
10.4
Germany Economic and Industrial Statistics
92
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Table of Content S. No
Particulars
Page No.
95
10.5
France Thermal Insulation Market Size- By Value (2013-2023)
10.6
France Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
96
10.7
France Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
97
10.8
France Economic and Industrial Statistics
10.9
United Kingdom Thermal Insulation Market Size- By Value (2013-2023)
98 100
10.10
United Kingdom Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
101
10.11
United Kingdom Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
102
10.12
United Kingdom Economic and Industrial Statistics
10.13
Italy Thermal Insulation Market Size- By Value (2013-2023)
10.14
Italy Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
106
10.15
Italy Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
107
10.16
Italy Economic and Industrial Statistics
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103 105
108
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Table of Content S. No
11.
12
Particulars
Page No. 110
10.17
Rest of Europe Thermal Insulation Market Size- By Value (2013-2023)
10.18
Rest of Europe Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
111
10.19
Rest of Europe Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
112 113
Asia Pacific Thermal Insulation Market: An Analysis
114
11.1
Asia Pacific Thermal Insulation Market : By Value (2013-2017)
11.2
Asia Pacific Thermal Insulation Market : By Volume (2013-2017)
11.3
Asia Pacific Thermal Insulation Market : By Value (2018-2023)
11.4
Asia Pacific Thermal Insulation Market : By Volume (2018-2023)
11.5
Asia Pacific Thermal Insulation Market -By Materials Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
118
11.6
Asia Pacific Thermal Insulation Market -By Application Type (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
119
Asia Pacific Thermal Insulation Market: Country Analysis
115 116 117
120 122
12.1
China Thermal Insulation Market Size- By Value (2013-2023)
12.2
China Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
123
12.3
China Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
124
12.4
China Economic and Industrial Statistics
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125
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Table of Content S. No
13.
Particulars
Page No.
12.5
South Korea Thermal Insulation Market Size- By Value (2013-2023)
127
12.6
South Korea Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
128
12.7
South Korea Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
129
12.8
South Korea Economic and Industrial Statistics
12.9
Japan Thermal Insulation Market Size- By Value (2013-2023)
131
12.10
Japan Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
132
12.11
Japan Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
133
12.12
Japan Economic and Industrial Statistics
134
12.13
Rest of Asia Pacific Thermal Insulation Market Size- By Value (2013-2023)
136
12.3
Rest of Asia Pacific Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
137
12.4
Rest of Asia Pacific Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
138
Rest of World Thermal Insulation Market: An Analysis
139
13.1
Rest of World Thermal Insulation Market : By Value (2013-2017)
140
13.2
Rest of World Thermal Insulation Market : By Volume (2013-2017)
141
13.3
Rest of World Thermal Insulation Market : By Value (2018-2023)
141
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Table of Content S. No
14
15
Particulars
Page No.
13.4
Rest of World Thermal Insulation Market : By Volume (2018-2023)
142
13.5
Rest of World Thermal Insulation Market -By Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Value (2013-2023)
142
13.6
Rest of World Thermal Insulation Market -By Application (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others), By Value (2013-2023)
143
13.7
Rest of World Thermal Insulation Market -By Region (Latin America, Middle East & Africa), By Value (2013-2023)
144 145
Market Dynamics 14.1
Global Thermal Insulation Market Growth Drivers
14.2
Global Thermal Insulation Market Challenges
14.3
Global Thermal Insulation Market Trends
Porter’s Five Force Model
15.2
Supply Chain Analysis
150 153 155
Competitive Landscape 15.1
146
156 160
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Table of Content S. No
16.
17
Particulars
161
Company Profiling 16.1
Armacell
16.2
Rockwool
16.3
Owens Corning
16.4
Saint Gobain
16.5
BASF
16.6
DOW Chemicals
16.7
Huntsman Corporation
16.8
Paroc Group
16.9
Knauf Insulation
16.10
Johns Manville
Page No.
162 165 169 173 177 181 183 186 189 190
About Us
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List of Figures Figure No.
Figure Title
Page No.
Figure 1:
Global Thermal Insulation Market Size, By Value, 2013-2017 (USD Million)
37
Figure 2:
Global Thermal Insulation Market Size, By Volume, 2013-2017 (Million Cubic Meter)
38
Figure 3:
Global Thermal Insulation Market Size, By Value, 2018-2023 (USD Million)
39
Figure 4:
Global Thermal Insulation Market Size, By Volume, 2018-2023 (Million Cubic Meter)
40
Figure 5:
Global Construction of New Housing Units, 2012-2016 (Million Units)
41
Figure 6:
Global Residential Construction Value, 2013-2017 (USD Trillion)
41
Figure 7:
Global Investment value in Commercial Real Estate, 2013-2017 (USD Billion)
42
Figure 8:
Global Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
44
Figure 9:
Thermal Insulation - Segment Share according to Material Type, 2017 (%)
46
Figure 10:
Thermal Insulation - Segment Share according to Material Type, 2023E (%)
46
Figure 11:
Global Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
48
Figure 12:
Thermal Insulation - Segment Share according to Application Type, 2017 (%)
49
Figure 13:
Thermal Insulation - Segment Share according to Application Type, 2023E (%)
49
Figure 14:
Global Thermal Insulation Market Size, By Region, 2017 (%)
51
Figure 15:
Global Thermal Insulation Market
52
Figure 16:
North America Thermal Insulation Market Size, By Value, 2013-2017 (USD Million)
54
Figure 17:
North America Thermal Insulation Market Size, By Value, 2018-2023 (USD Million)
55
Figure 18:
North America Thermal Insulation Market Size, By Volume, 2013-2017 (Million Meter Cube)
56
Figure 19:
North America Thermal Insulation Market Size, By Volume, 2018-2023 (Million Cubic Meters)
57
Figure 20:
North America Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
58
Size, By Region, 2023 (%)
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List of Figures Figure No.
Figure Title
Page No.
Figure 21:
North America Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
59
Figure 22:
United States Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
63
Figure 23:
United States Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
65
Figure 24:
United States Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
66
Figure 25:
U.S. Total Construction Spending(Million USD), 2012-2016
67
Figure 26:
U.S. Residential & Non-Residential construction spending (Million USD)
67
Figure 27:
United States Average Industrial Index, 2013-2017
68
Figure 28:
United States Gross Domestic Product Growth Rate (%)
68
Figure 29:
United States Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
68
Figure 30:
Canada Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
70
Figure 31:
Canada Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
71
Figure 32:
Canada Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
72
Figure 33:
Canada’s Housing Sales Activity (Number of Houses sold)
73
Figure 34:
Canada’s Gross Domestic Product Growth Rate (%)
73
Figure 35:
Canada Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
73
Figure 36:
Mexico Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
75
Figure 37:
Mexico Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
76
Figure 38:
Mexico Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
77
Figure 39:
Mexico GDP growth rate, 2013-2017 ( in percentage)
78
Figure 40:
Mexico Construction growth rate, 2013-2017 ( in percentage)
78
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List of Figures
Figure No.
Figure Title
Page No.
Figure 41:
Mexico urbanization rate, 2011-2016 ( in percentage)
79
Figure 42:
Mexico Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
79
Figure 43:
Europe Thermal Insulation Market Size, By Value, 2013-2017 (USD Million)
81
Figure 44:
Europe Thermal Insulation Market Size, By Value, 2018-2023 (USD Million)
82
Figure 45:
Europe Thermal Insulation Market Size, By Volume, 2013-2017 (Million meter cube)
83
Figure 46:
Europe Thermal Insulation Market Size, By Volume, 2018-2023 (Million meter cube)
84
Figure 47:
Europe GDP growth rate(%)-(2013-2017)
86
Figure 48:
European Commission’s construction output growth rate(%)-(2013-2017)
86
Figure 49:
Germany Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
89
Figure 50:
Germany Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
90
Figure 51:
Germany Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
91
Figure 52:
Germany Construction Spending on New Buildings(Euro Thousand), 2012-2016
92
Figure 53:
Germany Buildings and Reconstruction projects (in Units)
92
Figure 54:
Germany Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
93
Figure 55:
Germany’s Gross Domestic Product Growth Rate (%)
93
Figure 56:
France Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
95
Figure 57:
France Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
96
Figure 58:
France Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
97
Figure 59:
France GDP growth rate(%), 2013-2016
98
Figure 60:
France Residential construction projects (in Units)
98
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List of Figures Figure No.
Page No.
Figure 61:
United Kingdom Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
100
Figure 62:
United Kingdom Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
101
Figure 63:
United Kingdom Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
102
Figure 64:
United Kingdom Gross Domestic Product Growth Rate (%)
103
Figure 65:
U.K New Housing and Commercial construction data
103
Figure 66:
U.K Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
103
Figure 67:
Italy Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
105
Figure 68:
Italy Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
106
Figure 69:
Italy Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
107
Figure 70:
Italy’s Gross Domestic Product Growth Rate (%)
108
Figure 71:
Italy Automotive Production (Car & Commercial Vehicles Production- Units), 2013-2017
108
Figure 72:
Rest of Europe Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
110
Figure 73:
Rest of Europe Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
111
Figure 74:
Rest of Europe Insulation Market: By Application, By Value, 2013-2023 (USD Million)
112
Figure 75:
APAC Thermal Insulation Market Size, By Value, 2013-2017 (USD Million)
114
Figure 76:
APAC Thermal Insulation Market Size, By Value, 2018-2023 (USD Million)
115
Figure 77:
APAC Thermal Insulation Market Size, By Volume, 2013-2017 (Million meter cube)
116
Figure 78:
APAC Thermal Insulation Market Size, By Volume, 2018-2023 (Million meter cube)
117
Figure 79:
APAC Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
118
Figure 80:
APAC Insulation Market: By Application, By Value, 2013-2023 (USD Million)
118
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List of Figures Figure No.
Figure Title
Page No.
Figure 81:
Market Share of Thermal Insulation companies in Asia Pacific region (2017)
120
Figure 82:
China Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
122
Figure 83:
China Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
123
Figure 84:
China Insulation Market: By Application, By Value, 2013-2023 (USD Million)
124
Figure 85:
China’s Gross Domestic Product Growth Rate (%)
125
Figure 86:
China Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
125
Figure 87:
South Korea Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
127
Figure 88:
South Korea Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
128
Figure 89:
South Korea Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
129
Figure 90:
Japan Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
131
Figure 91:
Japan Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
132
Figure 92:
Japan Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
133
Figure 93:
Japan’s Gross Domestic Product Growth Rate (%)
134
Figure 94:
Japan Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
134
Figure 95:
Rest of APAC Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
136
Figure 96:
Rest of APAC Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
137
Figure 97:
Rest of APAC Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
138
Figure 98:
Rest of World Thermal Insulation Market Size, By Value, 2013-2023 (USD Million)
140
Figure 99:
Rest of World Thermal Insulation Market Size, By Volume, 2013-2023 (Million meter cube)
141
Figure 100:
Rest of World Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
142
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List of Figures Figure No.
Figure Title
Page No.
Figure 101:
Rest of World Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million)
143
Figure 102:
Rest of World Thermal Insulation Market Size, By Region, 2013-2023 (USD Million)
144
Figure 103:
Annual Sales Revenue,2013-2017 (USD Million)
163
Figure 104:
Annual EBITDA,2013-2017 (USD Million)
163
Figure 105:
Sales Revenue, By Geographic Segment, FY2017 (%)
164
Figure 106:
Sales Revenue, By Business Segment, FY2017 (%)
164
Figure 107:
Annual Sales Revenue,2013-2017 (USD Million)
166
Figure 108:
Annual EBITDA,2013-2017 (USD Million)
166
Figure 109:
Rockwool - Sales Revenue, By Geographic Segment, FY2017 (%)
167
Figure 110:
Rockwool - Sales Revenue, By Business Segment, FY2017 (%)
167
Figure 111:
Owens Corning - Annual Sales Revenue,2013-2017 (USD Million)
170
Figure 112:
Owens Corning - Annual Net Income,2013-2017 (USD Million)
170
Figure 113:
Owens Corning - Sales Revenue, By Geographic Segment, FY2017 (%)
171
Figure 114:
Owens Corning - Sales Revenue, By Business Segment, FY2017 (%)
171
Figure 115:
Saint Gobain-Annual Sales Revenue,2013-2017 (USD Million)
174
Figure 116:
Saint Gobain-Annual Net Income,2013-2017
174
Figure 117:
Saint-Gobain - Sales Revenue, By Geographic Segment, FY2017 (%)
175
Figure 118:
Saint-Gobain - Sales Revenue, By Business Segment, FY2017 (%)
175
Figure 119:
BASF Financials, Annual Sales Revenue, 2013-2017 (USD Billion)
178
Figure 120:
BASF Financials, Annual Net Income/Loss,2013-2017 (USD Billion)
178
(USD Million)
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List of Figures Figure No.
Figure Title
Page No.
Figure 121:
BASF-Sales Revenue, By Geographic Segment, FY2017 (%)
179
Figure 122:
BASF-Sales Revenue, By Business Segment, FY2017 (%)
179
Figure 123:
DOW Chemicals Financials, Annual Sales Revenue,2012-2016 (USD Million)
182
Figure 124:
DOW Chemicals - ales Revenue, By Business Segment, FY2012 (%)
182
Figure 125:
Huntsman-Annual Sales Revenue,2013-2017 (USD Million)
184
Figure 126:
Huntsman-Annual Net Income,2013-2017 (USD Million)
184
Figure 127:
Huntsman-Sales Revenue, By Geographic Segment, FY2017 (%)
185
Figure 128:
Huntsman - Sales Revenue, By Business Segment, FY2017 (%)
185
Figure 129:
Paroc-Annual Sales Revenue,2013-2016 (USD Million)
187
Figure 130:
Paroc-Annual Operating profit,2013-2016
(USD Million)
187
Figure 131:
Paroc-Sales Revenue, By Geographic Segment, FY2016 (%)
188
Figure 132:
Paroc-Sales Revenue, By Business Segment, FY2016 (%)
188
(c) AZOTH Analytics
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Research Methodology For our study on Global Thermal Insulation Market, we have conducted comprehensive secondary research followed by an extensive primary research.
In the process of
secondary research, we have scrutinized
industry documents, accessed from open sources, premium paid databases and our internal
knowledge
base. In the process of primary research, we have interviewed various industry experts across the value chain of the Thermal Insulation industry.
Market size of the actual period (2013-2017) has been evaluated on the basis of growth trends of the industry in the last five years, and confirming the findings through primary research. Annual reports of the companies are scanned to further validate the market size and to estimate the size of various other applications. Market sizing and growth in the forecast period (2018-2023) is estimated through revenue mapping, growth of new advance equipment and technology and historical growth pattern of the industry. All the relevant data points/ statistics in the forecast period are validated through relevant and reliable primary sources.
Report Focus: Global Thermal Insulation Market. - By Material : (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others) - By Application : (Building Construction, HVAC & Appliances, Industrial equipment/ Mechanical, Automotive & Others) - By Region (North America, Europe, Asia Pacific, Rest of World- Latin America, Middle East & Africa) - By Country (U.S, Canada, Mexico, Germany, U.K, France, Italy, China, South Korea, Japan)
Companies Contacted: Saint Gobain, Huntsman Group.
(c) AZOTH Analytics
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Global Thermal Insulation Market: Growth & Forecast Global Thermal Insulation market is advanced by adopting energy saving measures in rapid growing
building construction industry and other major industrial plants. r Figure 1: Global Thermal Insulation Market Size, By Value, 2013-2017 (USD Million) CAGR 2013-2017 xx%
2013
2014
2015
2016
2017E
Source: Azoth Analytics Estimates Xx Xx Xx Xx Xx Xx Xx Xx
(c) AZOTH Analytics
20
Global Thermal Insulation Market: Growth & Forecast Asia and North America drove the market of thermal insulation material at significant growth rate.
Figure 2: Global Thermal Insulation Market Size, By Volume, 2013-2017 (Million Cubic Meter)
CAGR 2013-2017 xx%
2013
2014
2015
2016
2017E
Source: Azoth Analytics Estimates Xx Xx
Xx Xx Xx Xx Xx
(c) AZOTH Analytics
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Global Thermal Insulation Market: Growth & Forecast Thermal Insulation is anticipated to grow on account of rising investment in energy efficiency
measures coupled with improving economic growth in developed and developing regions. Figure 3: Global Thermal Insulation Market Size, By Value, 2018-2023 (USD Million) CAGR 2018-2023 xx%
2018F
2019F
2020F
2021F
2022F
2023F
Source: Azoth Analytics Estimates Xx Xx Xx
Xx Xx Xx Xx (c) AZOTH Analytics
22
Global Thermal Insulation Market: Growth & Forecast Reduction in prices due to economies of scale will increase penetration of thermal insulation
materials in central Asia and Africa region. Figure 4: Global Thermal Insulation Market Size, By Volume, 2018-2023 (Million Cubic Meter) CAGR 2018-2023 xx%
2018F
2019F
2020F
2021F
2022F
2023F
Source: Azoth Analytics Estimates Xx Xx Xx Xx Xx Xx
(c) AZOTH Analytics
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Global Thermal Insulation Market, By Material Figure 8: Global Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
CAGR 2013-2017
CAGR 2018-2023
Glass Wool : xx% Stone Wool : xx% Expanded Polystyrene : xx% Extruded Polystyrene : xx% Polyurethane : xx% Others : xx% Glass Wool
2013
2014
Glass Wool : xx% Stone Wool : xx% Expanded Polystyrene : xx% Extruded Polystyrene : xx% Polyurethane : xx% Others : xx%
Stone Wool
Expanded Polystrene(EPS)
2015
2016
2017
2013
2014
2015
2016
2017
Glass Wool
Xx
Xx
Xx
Xx
Xx
Stone Wool
Xx
Xx
Xx
Xx
Xx
Expanded Polystyrene Extruded Polystyrene
Xx
Xx
Xx
Xx
Xx
Polyurethane
Xx
Others
Xx
Extruded polystyrene
2018
2019
Polyurethane(PU)
2020
2021
Others
2022
2023
2018
2019
2020
2021
2022
2023
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx Xx Analytics Xx Xx Source: Azoth Estimates
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Source: Azoth Analytics Estimates (c) AZOTH Analytics
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North America Thermal Insulation Market Promoting awareness towards energy efficiency coupled with growth in construction industry drew the demand of thermal insulation materials in North American region. Figure 16: North America Thermal Insulation Market Size, By Value, 2013-2017 (USD Million) CAGR 2013-2017 xx%
2013
2014
2015 Source: Azoth Analytics Estimates
2016
2017E
Xx Xx Xx Xx Xx Xx Xx Xx (c) AZOTH Analytics
25
North America Thermal Insulation Market Revival of the economic activities coupled with growth in industrial and construction sector would led to drive the demand of thermal insulation material in forecasted period.
Figure 17: North America Thermal Insulation Market Size, By Value, 2018-2023 (USD Million) CAGR 2018-2023 xx%
2018F
2019F
2020F
2021F
2022F
2023F
Source: Azoth Analytics Estimates Xx Xx Xx Xx Xx Xx Xx
(c) AZOTH Analytics
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North America Thermal Insulation Market Increasing demand of insulating materials for efficient building energy management and for HVAC application drew the demand of thermal insulation materials. Figure 18: North America Thermal Insulation Market Size, By Volume, 2013-2017 (Million Meter Cube) CAGR 2013-2017 xx%
2013
2014
2015
2016
2017E
Source: Azoth Analytics Estimates Xx Xx Xx Xx Xx Xx Xx
(c) AZOTH Analytics
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North America Thermal Insulation Market Rising rate of urban population led to creation of demand for residential and commercial spaces, HVAC Equipments , appliances and automotive vehicles will drive the demand of insulation products.
Figure 19: North America Thermal Insulation Market Size, By Volume, 2018-2023 (Million Cubic Meters) CAGR 2018-2023 xx%
2018
2019
2020
2021
2022
2023
Source: Azoth Analytics Estimates
Xx Xx Xx Xx Xx
(c) AZOTH Analytics
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North America Thermal Insulation Market, By Material Figure 20: North America Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
CAGR 2013-2017
CAGR 2018-2023
Glass Wool : xx% Stone Wool : xx% Expanded Polystyrene : xx% Extruded Polystyrene : xx% Polyurethane : xx% Others : xx%
Glass Wool
2013
Stone Wool
2014
2015
Glass Wool : xx% Stone Wool : xx% Expanded Polystyrene : xx% Extruded Polystyrene : xx% Polyurethane : xx% Others : xx%
Expanded Polystrene(EPS)
2016
2017
2013
2014
2015
2016
2017
Glass Wool
Xx
Xx
Xx
Xx
Xx
Stone Wool
Xx
Xx
Xx
Xx
Xx
Expanded Polystyrene Extruded Polystyrene
Xx
Xx
Xx
Xx
Xx
Polyurethane
Xx
Others
Xx
Extruded polystyrene(XPS)
2018
2019
Polyurethane(PU)
2020
2021
Others
2022
2023
2018
2019
2020
2021
2022
2023
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx Xx Analytics Xx Xx Source: Azoth Estimates
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Source: Azoth Analytics Estimates (c) AZOTH Analytics
29
North America Thermal Insulation Market, By Application Figure 21: North America Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million) CAGR 2013-2017
CAGR 2018-2023
Building Construction : xx% HVAC & Appliances : xx% Industrial Equipments/Mechanical : xx% Automotive : xx% Others : xx%
Building Construction : xx% HVAC & Appliances : xx% Industrial Equipments/Mechanical : xx% Automotive : xx% Others : xx%
Building Construction
2013
2014
2015
HVAC & Appliances
2016
2017
2013
2014
2015
2016
2017
Building Construction
Xx
Xx
Xx
Xx
Xx
HVAC & Appliances
Xx
Xx
Xx
Xx
Industrial Equipment/ Mechanical
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Automotive Others
Industrial Equipment/Mechanical
2018
2019
2020
Automotive
2021
Others
2022
2023
2018
2019
2020
2021
2022
2023
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Source: Azoth Analytics Estimates (c) AZOTH Analytics
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North America Thermal Insulation Market Market Share of Thermal Insulation companies in North America region (2017)
Owens Corning others,
Dow Chemicals
CertainTeed Corporation-Saint Gobain
Johns Manville
Knauf Insulation Huntsman
ROCKWOOL International
Source: Company’s Financial Reports & Azoth Analytics Estimates
•
.
Xx Xxx Xx Xx
. (c) AZOTH Analytics
31
United States Thermal Insulation Market, By Value Thriving demand of green building construction fuelled the demand of thermal insulation products. Figure 22: United States Thermal Insulation Market Size, By Value, 2013-2023 (USD Million) CAGR 2013-2017
CAGR 2018-2023
xx%
xx%
2013
2014
2015
Xx
Xx
Xx
2016
Xx
2017E
Xx
2018F
Xx
2019F
2020F
2021F
2022F
2023F
Xx
Xx
Xx
Xx
Xx
Source: Azoth Analytics Estimates Xx Xx
Xx Xx Xx Xx Xx
(c) AZOTH Analytics
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United States Thermal Insulation Market Economic Snapshot of Insulation Industry (2017)
•
Employment
Payroll (USD Billion)
Insulation Manufacturing
Xx
Xx
Distribution Wholesale
Xx
Xx
Installation
Xx
Xx
Total
Xx
Xx
.
(c) AZOTH Analytics
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United States Thermal Insulation Market, By Material Figure 23: United States Thermal Insulation Market: By Material, By Value, 2013-2023 (USD Million)
CAGR 2013-2017
CAGR 2018-2023
Glass Wool : xx% Stone Wool : xx% Expanded Polystyrene : xx% Extruded Polystyrene : xx% Polyurethane : xx% Others : xx% Glass Wool
2013
Stone Wool
2014
2015
Glass Wool : xx% Stone Wool : xx% Expanded Polystyrene : xx% Extruded Polystyrene : xx% Polyurethane : xx% Others : xx% Expanded Polystrene(EPS)
2016
2017
2013
2014
2015
2016
2017
Glass Wool
Xx
Xx
Xx
Xx
Xx
Stone Wool
Xx
Xx
Xx
Xx
Xx
Expanded Polystyrene Extruded Polystyrene
Xx
Xx
Xx
Xx
Xx
Polyurethane
Xx
Others
Xx
Extruded polystyrene(XPS)
2018
2019
2020
Polyurethane(PU)
2021
Others
2022
2023
2018
2019
2020
2021
2022
2023
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx Xx Analytics Xx Xx Source: Azoth Estimates
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Source: Azoth Analytics Estimates (c) AZOTH Analytics
34
United States Thermal Insulation Market, By Application Figure 24: United States Thermal Insulation Market: By Application, By Value, 2013-2023 (USD Million) CAGR 2013-2017
CAGR 2018-2023
Building Construction : xx% HVAC & Appliances : xx% Industrial Equipments/Mechanical : xx% Automotive : xx% Others : xx%
Building Construction : xx% HVAC & Appliances : xx% Industrial Equipments/Mechanical : xx% Automotive : xx% Others : xx%
Building Construction
2013
2014
2015
HVAC & Appliances
2016
2017
2013
2014
2015
2016
2017
Building Construction
Xx
Xx
Xx
Xx
Xx
HVAC & Appliances
Xx
Xx
Xx
Xx
Industrial Equipment/ Mechanical
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Automotive Others
Industrial Equipment/Mechanical
2018
2019
2020
Automotive
2021
Others
2022
2023
2018
2019
2020
2021
2022
2023
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Source: Azoth Analytics Estimates (c) AZOTH Analytics
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United States Economic & Industrial Statistics Figure 25: U.S. Total Construction Spending(Million USD),
Figure 26: U.S. Residential & Non-Residential
2012-2016
construction spending (Million USD) Nonresidential
Residential
2016 2015
2014 2013 2012 2013
2014
2015
2016
2017
Source: US Census Bureau
Source: U.S. Census Bureau
Xx Xx Xx Xx •
.
Xx
Xx Xx
(c) AZOTH Analytics
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United States Economic & Industrial Statistics Figure 27: United States Average Industrial
Figure 28: United States Gross Domestic Product
Index, 2013-2017
2013
2014
2015
Growth Rate (%)
2016
2017
2013
2014
2015
2016
2017
Source: IMF Figure 29: United States Automotive Production (Car & Commercial Vehicles Production- Million Units), 2013-2017
2013
2014
2015
2016
2017
Source: IOCA (c) AZOTH Analytics
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Porter’s Five Forces Model- Thermal Insulation Market Threat of new entrants – Moderate
Bargaining Power of Buyers – High
1. xx
1. xx
2. xx
2. xx
3. xx
3. xx
4. xx
Industry Competition- Moderate
1. xx 2. xx
Bargaining Power of Suppliers – Moderate
THREATS OF SUBSTITUTES – Low
1. xx
1. xx
2. xx
2. xx
3. xx
3. xx
4. xx
4. xx
(c) AZOTH Analytics
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(c) AZOTH Analytics
39
Armacell BUSINESS OVERVIEW •
•
•
COMPANY AT A GLANCE
Armacell is one of the leading global insulation material manufacturer for
Employees: 2,990
equipment insulation.
Company Type: Public
Armacell is an inventor of flexible elastomeric foams for equipment
Year of Incorporation : 1860
insulation. It develops innovative and safe thermal, acoustic and
Headquarter: Luxembourg
mechanical solutions.
Revenue: USD 674.86 Million (FY-2017)
Armacell operates in two main business i.e. Advanced insulation and engineered foam.
•
Business Categories: Advanced Insulation Engineered Foam
Company operates 25 manufacturing plants in 16 countries across the Industry: Chemical & Insulation Material
globe.
Website : www.corporate.armacell.com
Presence in Thermal Insulation Market •
The product focus is on insulation material for technical equipment, high performance foam for high-tech and lightweight applications and next generation aerogel technology.
•
Different type of insulation material manufacture by company is applied in various equipment of automotive, building construction, energy, industrial, oil & gas and transportation sector.
(c) AZOTH Analytics
40
Armacell
Figure 103: Annual Sales Revenue,2013-2017 (USD
Figure 104: Annual EBITDA,2013-2017 (USD Million)
Million)
2013
2014
2015
2016
2017
2013
2014
2015
2016
2017
Source: Company Reports (c) AZOTH Analytics
41
Armacell Figure 105: Sales Revenue, By
Figure 106: Sales Revenue, By
Geographic Segment, FY2017 (%)
Business Segment, FY2017 (%)
Sales Revenue: USD xx Million
Sales Revenue: USD xx Million
20% 21% 38%
79%
42%
Americas
EMEA
APAC Advanced Insulation
Engineered Foam
Source: Company Reports (c) AZOTH Analytics
42
About Azoth Analytics Pvt Ltd.
Azoth Analytics is a business research and analytics firm that creates in-depth research reports and provides customized research solutions and consultancy services. Verticals in which Azoth Analytics specializes include healthcare and pharmaceutical, oil and gas, retail, chemicals, automotive, FMCG, food & beverages and technology. Azoth creates comprehensive and in-depth research reports by recording, interpreting and analyzing information. Strategic market sizing and data dredging techniques include secondary research, and primary research (interviews with management personnel and industry experts).
Disclaimer: Azoth Analytics report information is based mainly on interviews and therefore, is subject to fluctuation. Azoth Analytics therefore, takes no responsibility for
any incorrect information supplied to us by industry experts, manufacturers or users. Azoth does not warranty the completeness of the information and data. Also, analysis provided in the report are meant for customers’ internal use only and not for general publication or disclosure to third parties.
(c) AZOTH Analytics
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