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Insulation Market Share

Report ID: GMI2579
Published Date: Sep 2022
Report Format: PDF

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Insulation Market Share

Notable shareholders in the insulation market include:

Owens Corning Corp
BASF
CertainTeed Corporation
Huntsman International
Dow Chemical Company
Rockwool International A/S
Knauf Gips KG
Johns Manville
Armacell International S.A
Lloyd Insulations (India)
Atlas Roofing Corporation
Duro-Last Roofing Inc
Recticel Insulation
Paroc
UP Twiga Fiberglass
Beijing New Building Material Group
Supreme Petrochem Limited
Superlon Worldwide
SY Panel Company Limited
Shinwoo Industrial Company Limited
Sae Rom Panel
Shengquan Group
Bondor Indonesia
Polyglass
Nichias Corporation
Mag-Isover
Luyang Energy-Saving Materials
Byucksan Corporation
KCC Corporation
Kingspan Group
Huamei Group
Kaneka Corporation
Kumho Petrochemical
EcoFoam/Insulations.

These companies have been constantly focusing on strengthening their strategic landscape to boost their global presence and expand their product offerings. For instance, in August 2022, ROCKWOOL launched its new product range comprising NyRock Rainscreen 032 and Frame Slab 032, leveraging NyRock technology to offer the lowest lambda stone wool insulation in Britain. The NyRock Rainscreen 032 product line is specially designed for sealed structures and ventilated cladding, such as curtain walling

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of global insulation surpassed USD 49 billion in 2021 and is anticipated to exhibit nearly 7% CAGR during 2022 to 2030, driven by a significant rise in construction expenditure due to ongoing infrastructure development.

The plastic foam segment is speculated to depict over 7% gains through 2030 owing to the product’s superior thermal resistance, inexpensiveness, and relatively lower vulnerability to insects and moths.

The residential construction segment held more than 50% of the market share in 2021 and may exceed USD 46 billion by 2030 due to increasing household investments, rising disposable incomes, and a positive economic outlook.

Asia Pacific is set to expand at 7% CAGR and account for more than 45% of the revenues by 2030 largely due to massive population growth and emerging urbanization and industrial growth trends.

Major players partaking in the insulation industry include Owens Corning Corp, BASF, CertainTeed Corporation, Huntsman International, Dow Chemical Company, Rockwool International A/S, Knauf Gips KG, Johns Manville, Armacell International S.A., Lloyd Insulations (India), Atlas Roofing Corporation, and Duro-Last Roofing, Inc. among others.