Industrial Insulators Market, By Form, By Material, By Application, By Geography

Description

The global industrial insulation market is estimated to be valued at USD 4.29 Bn in 2024 and is expected to reach USD 6 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 4.29 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	4.90%	2031 Value Projection:	US$ 6 Bn

Figure 1. Industrial Insulators Market Share (%), By Region, 2024

The global industrial insulation market is anticipated to grow at a considerable CAGR during the forecast period. Industrial insulation helps improve energy efficiency and reduce carbon emissions by preventing heat loss or gain. It finds widespread applications across various industries like power generation, petrochemical & refinery, cement, food & beverage, and others. Stringent government regulations regarding industrial energy efficiency and GHG emissions have stimulated the demand for insulation solutions. Also, the growing need for sustainable infrastructure and renewable energy generation will propel the industrial insulation market growth in the coming years. However, the availability of substitutes may hamper the market growth to some extent.

Market Dynamics:

The industrial insulation market is driven by factors such as stringent energy efficiency norms, industrial growth in emerging nations, and growing demand for non-combustible insulation materials. However, the availability of substitutes is a major challenge. Opportunities include rising investments in renewable energy and focus on sustainability. Stringent government standards to reduce the carbon footprint are necessitating increased insulation across industries like power plants, oil & gas refineries, cement plants, and others, thereby augmenting the market growth. On the other hand, the presence of alternative insulating materials may hinder the market expansion.

Key Features of the Study:

This report provides an in-depth analysis of the global industrial insulation market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global industrial insulation market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Owens Corning, SAINT-GOBAIN (ISOVER), Johns Manville, Rockwool, Nichias Corporation, Knauf Insulation, Promat (Etex), Armacell International SA, Aerofoam USA LLC, Insulcon B.V., Beipeng Building Materials Group Co.,LTD., Cabot Corporation, GlassRock, NMC International SA, PGF Insulation Sdn Bhd, Arabian Fiberglass Insulation Co., Ltd., and Aspen Aerogels, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global industrial insulation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial insulation market.

Market Segmentation

Form:
- Pipe
- Blanket
- Board
- Others
Material:
- Mineral Wool
- Calcium Silicate
- Others (Plastic Foams, etc.)
Application:
- Power Generation
- Petrochemical & Refineries
- EIP Industries
- LNG/LPG
- Others
Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Owens Corning
- SAINT-GOBAIN (ISOVER)
- Johns Manville
- Rockwool
- Nichias Corporation
- Knauf Insulation
- Promat (Etex)
- Armacell International SA
- Aerofoam USA LLC
- Insulcon B.V.
- Beipeng Building
- Cabot Corporation
- GlassRock
- NMC International SA
- PGF Insulation Sdn Bhd
- Arabian Fiberglass Insulation Co., Ltd.
- Aspen Aerogels, Inc.

Product Code: CMI6826

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Form
- Market Snippet, By Material
- Market Snippet, By Application
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Industrial Insulation Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Industrial Insulation Market - COVID-19
Impact Analysis

5. Global Industrial Insulation Market, By Form, 2019-2031 (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Pipe
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Blanket
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Board
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Industrial Insulation Market, By Material, 2019-2031 (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Mineral Wool
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Calcium Silicate
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others (Plastic Foams, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Industrial Insulation Market, By Application, 2019-2031 (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Power Generation
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Petrochemical & Refineries
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
EIP Industries
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
LNG/LPG
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Industrial Insulation Market, By Region, 2019-2031 (US$ Bn & KT)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Material, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
  - U.S.
  - Canada
  - Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Material, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Material, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
  - Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Material, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
  - Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Material, 2019- 2031 (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & KT)
- Sub-regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Owens Corning
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- SAINT-GOBAIN (ISOVER)
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Johns Manville
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Rockwool
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Nichias Corporation
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Knauf Insulation
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Promat (Etex)
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Armacell International SA
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Aerofoam USA LLC
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Insulcon B.V.
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Beipeng Building
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Cabot Corporation
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- GlassRock
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- NMC International SA
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- PGF Insulation Sdn Bhd
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Arabian Fiberglass Insulation Co., Ltd.
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates
- Aspen Aerogels, Inc.
  - Company Overview
  - Form Portfolio
  - Recent Developments/Updates

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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