Fireproof Insulation Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Material ; By Application ; By End User ; By Region

Description

Global Fireproof Insulation Market Size Grows at Steady CAGR to Cross USD 34.6 Billion by 2029.

Global fireproof insulation market is flourishing because of increasing awareness about the benefits of fireproof insulation, such as fire protection, noise reduction, and growing demand for energy-efficient buildings and infrastructure that use fireproof insulation.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global fireproof insulation market size at USD 27.28 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global fireproof insulation market size to grow at a CAGR of 3.58% reaching a value of USD 34.64 billion by 2029. Major growth drivers for the global fireproof insulation market include stringent safety regulations, growing awareness about fire safety, and the thriving construction industry, particularly in emerging economies. The fireproof insulation market is expected to grow further due to the significant increase in energy-efficient building projects driven by stringent government regulations and building codes. The surge in energy-efficient construction initiatives is expected to drive the demand for thermal insulation materials and create promising opportunities for the fireproof insulation market. For instance, the European Union has established a legislative framework consisting of the Energy Efficiency Directive 2012/27/EU and the Energy Performance of Buildings Directive 2010/31/EU. These directives aim to achieve a highly decarbonized and energy-efficient building stock by 2050. By providing businesses and consumers with the necessary information to make informed choices about saving money and energy, these directives are expected to encourage the widespread adoption of fire-resistant insulation materials during the forecast period.

Global Fireproof Insulation Market - Overview:

The global fireproof insulation market refers to the market for materials that are used to prevent the spread of fire and provide thermal insulation in buildings and other structures. These materials are designed to be resistant to high temperatures and flame, and they are used in a wide range of applications, including residential, commercial, and industrial construction, as well as in the automotive, aerospace, and marine industries. The market includes various types of fireproof insulation materials, such as mineral wool, glass wool, cellulose, and foam plastics.

Impact of COVID-19 on Global Fireproof Insulation Market

COVID-19 pandemic adversely affected the global fireproof insulation market. It caused significant disruptions in manufacturing and supply chain operations due to government-imposed lockdowns aimed at curbing the spread of the disease. The pandemic also posed numerous challenges to the building and engineering industries, which were already struggling with issues, such as credit shortages, fraud, and regulatory restrictions. With the spread of the pandemic, new construction and repair and maintenance activities were put on hold, resulting in a slowdown in the global expansion of the construction and engineering industry. As the growth of the fireproof insulation market is closely linked to the building industry, a decline in construction activity had a negative impact on the market's growth.

Global Fireproof Insulation Market - By Material:

By material, the global fireproof insulation market is divided into Glass Wool, Stone Wool, Plastic Foam, Fiberglass, Cellulose, Mineral Wool, Rock Wool, Slag Wool, Polystyrene, and Polyurethane Foam segments. The fiberglass segment holds the highest share in the global fireproof insulation market, due to its favorable properties, such as thermal resistance, durability, and sound absorption. Additionally, it is a cost-effective and lightweight insulation material that is easy to install, making it a popular choice for residential and commercial buildings. Fiberglass insulation is also non-combustible and has excellent fire resistance properties, making it a preferred option for fireproofing purposes. Its versatility in use in different applications, such as in walls, ceilings, floors, and HVAC systems, further contributes to its high demand and market share.

Competitive Landscape:

Major players operating in the global fireproof insulation market include: Saint-Gobain S.A., BASF SE, GAF Materials Corporation, Knauf Insulation, Rockwool International A/S, The Dow Chemical Company, L'ISOLANTE K-FLEX S.p.A., Pyrotek Inc., Morgan Advanced Materials, Thermafiber Inc., 3M Company, The Rectorseal Corporation, Rmax Operating, LLC, Zircar Ceramics Inc., and Pittsburgh Corning Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Fireproof Insulation Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Fireproof Insulation Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23379

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Fireproof Insulation Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Growing demand for energy-efficient buildings and infrastructure that use fireproof insulation
  - 3.2.1.2. Increasing awareness about the benefits of fireproof insulation such as fire protection, noise reduction
- 3.2.2. Restraints
  - 3.2.2.1. High installation and maintenance costs of fireproof insulation compared to traditional insulation materials
  - 3.2.2.2. Limited availability of raw materials required for manufacturing fireproof insulation
- 3.2.3. Opportunities
  - 3.2.3.1. Growing demand for fireproof insulation in developing countries with a high rate of urbanization
  - 3.2.3.2. Increasing adoption of fireproof insulation in the transportation sector
- 3.2.4. Challenges
  - 3.2.4.1. Adapting to changing building codes and regulations
3.3. Product Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Fireproof Insulation Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share and Forecast
- 4.2.1. By Material
  - 4.2.1.1. Glass Wool
  - 4.2.1.2. Stone Wool
  - 4.2.1.3. Plastic Foam
  - 4.2.1.4. Fiberglass
  - 4.2.1.5. Cellulose
  - 4.2.1.6. Mineral Wool
  - 4.2.1.7. Rock Wool
  - 4.2.1.8. Slag Wool
  - 4.2.1.9. Polystyrene
  - 4.2.1.10. Polyurethane Foam
  - 4.2.1.11. Others
- 4.2.2. By Application
  - 4.2.2.1. Walls & Partitions
  - 4.2.2.2. Cable Lines
  - 4.2.2.3. Piping
  - 4.2.2.4. Air Ducts
  - 4.2.2.5. Storage Tanks
  - 4.2.2.6. Supporting Structures
  - 4.2.2.7. Others
- 4.2.3. By End User
  - 4.2.3.1. Residential Buildings
  - 4.2.3.2. Commercial Buildings
  - 4.2.3.3. Marine & Offshore
  - 4.2.3.4. Industrial Buildings
  - 4.2.3.5. Construction
  - 4.2.3.6. Others
- 4.2.4. By Region
  - 4.2.4.1. North America
  - 4.2.4.2. Europe
  - 4.2.4.3. Asia Pacific (APAC)
  - 4.2.4.4. Latin America (LATAM)
  - 4.2.4.5. Middle East and Africa (MEA)

5. North America Fireproof Insulation Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Material
- 5.2.2. By Application
- 5.2.3. By End Users
- 5.2.4. By Country
  - 5.2.4.1. United States
  - 5.2.4.1.1. By Material
  - 5.2.4.1.2. By Application
  - 5.2.4.1.3. By End Users
  - 5.2.4.2. Canada
  - 5.2.4.2.1. By Material
  - 5.2.4.2.2. By Application
  - 5.2.4.2.3. By End Users

6. Europe Fireproof Insulation Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Material
- 6.2.2. By Application
- 6.2.3. By End Users
- 6.2.4. By Country
  - 6.2.4.1. Germany
  - 6.2.4.1.1. By Material
  - 6.2.4.1.2. By Application
  - 6.2.4.1.3. By End Users
  - 6.2.4.2. United Kingdom
  - 6.2.4.2.1. By Material
  - 6.2.4.2.2. By Application
  - 6.2.4.2.3. By End Users
  - 6.2.4.3. Italy
  - 6.2.4.3.1. By Material
  - 6.2.4.3.2. By Application
  - 6.2.4.3.3. By End Users
  - 6.2.4.4. France
  - 6.2.4.4.1. By Material
  - 6.2.4.4.2. By Application
  - 6.2.4.4.3. By End Users
  - 6.2.4.5. Spain
  - 6.2.4.5.1. By Material
  - 6.2.4.5.2. By Application
  - 6.2.4.5.3. By End Users
  - 6.2.4.6. Belgium
  - 6.2.4.6.1. By Material
  - 6.2.4.6.2. By Application
  - 6.2.4.6.3. By End Users
  - 6.2.4.7. Russia
  - 6.2.4.7.1. By Material
  - 6.2.4.7.2. By Application
  - 6.2.4.7.3. By End Users
  - 6.2.4.8. The Netherlands
  - 6.2.4.8.1. By Material
  - 6.2.4.8.2. By Application
  - 6.2.4.8.3. By End Users
  - 6.2.4.9. Rest of Europe
  - 6.2.4.9.1. By Material
  - 6.2.4.9.2. By Application
  - 6.2.4.9.3. By End Users

7. Asia-Pacific Fireproof Insulation Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Material
- 7.2.2. By Application
- 7.2.3. By End Users
- 7.2.4. By Country
  - 7.2.4.1. China
  - 7.2.4.1.1. By Material
  - 7.2.4.1.2. By Application
  - 7.2.4.1.3. By End Users
  - 7.2.4.2. India
  - 7.2.4.2.1. By Material
  - 7.2.4.2.2. By Application
  - 7.2.4.2.3. By End Users
  - 7.2.4.3. Japan
  - 7.2.4.3.1. By Material
  - 7.2.4.3.2. By Application
  - 7.2.4.3.3. By End Users
  - 7.2.4.4. South Korea
  - 7.2.4.4.1. By Material
  - 7.2.4.4.2. By Application
  - 7.2.4.4.3. By End Users
  - 7.2.4.5. Australia & New Zealand
  - 7.2.4.5.1. By Material
  - 7.2.4.5.2. By Application
  - 7.2.4.5.3. By End Users
  - 7.2.4.6. Indonesia
  - 7.2.4.6.1. By Material
  - 7.2.4.6.2. By Application
  - 7.2.4.6.3. By End Users
  - 7.2.4.7. Malaysia
  - 7.2.4.7.1. By Material
  - 7.2.4.7.2. By Application
  - 7.2.4.7.3. By End Users
  - 7.2.4.8. Singapore
  - 7.2.4.8.1. By Material
  - 7.2.4.8.2. By Application
  - 7.2.4.8.3. By End Users
  - 7.2.4.9. Vietnam
  - 7.2.4.9.1. By Material
  - 7.2.4.9.2. By Application
  - 7.2.4.9.3. By End Users
  - 7.2.4.10. Rest of APAC
  - 7.2.4.10.1. By Material
  - 7.2.4.10.2. By Application
  - 7.2.4.10.3. By End Users

8. Latin America Fireproof Insulation Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Material
- 8.2.2. By Application
- 8.2.3. By End Users
- 8.2.4. By Country
  - 8.2.4.1. Brazil
  - 8.2.4.1.1. By Material
  - 8.2.4.1.2. By Application
  - 8.2.4.1.3. By End Users
  - 8.2.4.2. Mexico
  - 8.2.4.2.1. By Material
  - 8.2.4.2.2. By Application
  - 8.2.4.2.3. By End Users
  - 8.2.4.3. Argentina
  - 8.2.4.3.1. By Material
  - 8.2.4.3.2. By Application
  - 8.2.4.3.3. By End Users
  - 8.2.4.4. Peru
  - 8.2.4.4.1. By Material
  - 8.2.4.4.2. By Application
  - 8.2.4.4.3. By End Users
  - 8.2.4.5. Rest of LATAM
  - 8.2.4.5.1. By Material
  - 8.2.4.5.2. By Application
  - 8.2.4.5.3. By End Users

9. Middle East & Africa Fireproof Insulation Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Material
- 9.2.2. By Application
- 9.2.3. By End Users
- 9.2.4. By Country
  - 9.2.4.1. Saudi Arabia
  - 9.2.4.1.1. By Material
  - 9.2.4.1.2. By Application
  - 9.2.4.1.3. By End Users
  - 9.2.4.2. UAE
  - 9.2.4.2.1. By Material
  - 9.2.4.2.2. By Application
  - 9.2.4.2.3. By End Users
  - 9.2.4.3. Qatar
  - 9.2.4.3.1. By Material
  - 9.2.4.3.2. By Application
  - 9.2.4.3.3. By End Users
  - 9.2.4.4. Kuwait
  - 9.2.4.4.1. By Material
  - 9.2.4.4.2. By Application
  - 9.2.4.4.3. By End Users
  - 9.2.4.5. South Africa
  - 9.2.4.5.1. By Material
  - 9.2.4.5.2. By Application
  - 9.2.4.5.3. By End Users
  - 9.2.4.6. Nigeria
  - 9.2.4.6.1. By Material
  - 9.2.4.6.2. By Application
  - 9.2.4.6.3. By End Users
  - 9.2.4.7. Algeria
  - 9.2.4.7.1. By Material
  - 9.2.4.7.2. By Application
  - 9.2.4.7.3. By End Users
  - 9.2.4.8. Rest of MEA
  - 9.2.4.8.1. By Material
  - 9.2.4.8.2. By Application
  - 9.2.4.8.3. By End Users

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. Global Fireproof Insulation Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Global Fireproof Insulation Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. Saint-Gobain S.A.
12.2. BASF SE
12.3. GAF Materials Corporation
12.4. Knauf Insulation
12.5. Rockwool International A/S
12.6. The Dow Chemical Company
12.7. L'ISOLANTE K-FLEX S.p.A.
12.8. Pyrotek Inc.
12.9. Morgan Advanced Materials
12.10. Thermafiber Inc.
12.11. 3M Company
12.12. The Rectorseal Corporation
12.13. Rmax Operating, LLC
12.14. Zircar Ceramics Inc.
12.15. Pittsburgh Corning Corporation.
12.16. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations