Industrial Insulation Trends, Share, Industry Size, Growth, Opportunities

20 July 2023

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Industrial insulation market was valued at USD 2.64 billion in 2021 and is expected to reach USD 4.08 billion by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029. Stone Wool is expected to witness high growth in the raw material segment of the market owing to the easy availability of stone wool in various forms with different characteristics. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Insulation is defined to the process of obstructing electricity, sound and heat from entering or exiting a physical space. The process is known to be achieved through the installation of insulation materials acting as a barrier for energy flow.

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Some of the major players operating in the industrial insulation market are:

- Owens Corning (US)
- Saint-Gobain Group (France)
- Knauf Insulation. (Belgium)
- Kingspan Group (Ireland)
- ROCKWOOL International A/S (Denmark)
- Armacell (Luxembourg)
- Cabot Corporation (US)
- Johns Manville. (US)
- Insulcon B.V. (Netherlands)
- Promat SpA (Italy)
- Aerofoam (UAE)
- Arabian Fiberglass Insulation Company Ltd. (Saudi Arabia)
- Beijing New Building Material (Group) Co., Ltd. (China)
- Beijing Hocreboard Building Materials Co. Ltd. (China)
- Dyplast Products (US)
- GlassRock (Egypt)
- HUTCHINSON (France)

Global Industrial Insulation Market Scope:

The industrial insulation market is segmented on the basis of raw material, form and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Raw Material
- Stone Wool
- Glass Wool
- CMS Fibers
- Calcium Silicate
- Cellular Glass
- Foamed Plastic
- Elastomeric Foam
- Perlite
- Aerogel
- Cellulose
- Micro Silica
- Others

Form
- Pipe
- Blanket
- Board
- Others

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Industrial Insulation Market Regional Analysis/Insights:

The industrial insulation market is analysed and market size insights and trends are provided by country, raw material, form and end-use industry as referenced above.

The countries covered in the industrial insulation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the industrial insulation market because of the implementation of strict regulations related to insulation requirements implemented by the European governments within the region.

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