Market Overview:
The global fiberglass insulation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and environment-friendly construction materials. Fiberglass insulation is made up of glass fibers that are bonded together with resin, which makes it an effective thermal and acoustic insulator. It is also non-combustible and does not support the growth of mold or bacteria, making it a preferred choice for applications such as residential construction, commercial and industrial construction, industrial and HVAC application, etc. The global fiberglass insulation market by type is segmented into continuous fiber, fixed length fiber, glass wool. The continuous fiber segment accounted for the largest share in 2017 owing to its high thermal resistance property as compared to other types of fibers used in manufacturing insulation products. The global fiberglass insulation market by application is segmented into residential construction, commercial and industrial construction,,industrial and HVAC application,,others). Residential construction was the largest application segment in 2017 due to increasing demand from developing countries for energy-efficient homes.
Product Definition:
Fiberglass insulation is a type of insulation that is made from fiberglass, a type of glass wool. It is used to insulate buildings and homes to keep the building warm in the winter and cool in the summer.
Continuous Fiber:
Continuous fiber is a long, continuous length of fiberglass insulation. It is usually wound into a spiral to provide an insulated core and then coated with an outer layer of protective material. The most common form of continuous fiber used in residential and commercial construction applications is the type X (rigid) based on glass wool or staple fibers that are available in various grades ranging from Type N (non-woven) to Type P (polyester).
Fixed Length Fiber:
Fixed-length fiber is the name given to long fibers that are used in insulation applications. The longer the fiber, generally the higher is its melting point and strength. Fiberglass insulation products such as blankets and pipes use fixed-length fibers for thermal mass transfer resistance purposes. Fixed length fibers can also be used in spray form for filling gaps or spaces between other materials or surfaces where a high temperature environment exists.
Application Insights:
The industrial and HVAC application segment led the global fiberglass insulation market in 2017. This is attributed to an increase in the manufacturing sector, which requires a large number of insulated buildings for production facilities. In addition, growth of this industry is expected to propel demand for glass wool products over the forecast period as they are used as an effective thermal insulator.
The residential construction segment accounted for a significant share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing urbanization resulting in rising demand for houses throughout various regions including Asia Pacific and North America. Furthermore, governments across various countries have implemented policies encouraging home ownership which will further fuel product demand over the next eight years or so (until 2030).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to stringent government regulations regarding insulation performance and building energy efficiency. In addition, rising awareness among consumers about sustainable construction practices is also expected to drive demand for green buildings, thereby supporting industry growth.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rapid industrialization and increasing infrastructure spending in emerging economies such as China and India. Growing population coupled with increased consumer disposable income levels will further fuel product demand in commercial applications such as HVAC systems & refrigeration units for malls, restaurants, hotels, hospitals etc., which are estimated by IBEF Research Institute (IBEFRI) under Asia Pacific Fiberglass Insulation Manufacturers Association (APFIMA).
Europe was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for energy-efficient and green buildings: The global market for fiberglass insulation is expected to benefit from the increasing demand for energy-efficient and green buildings. Fiberglass insulation helps in reducing the amount of energy used for heating or cooling a building, thereby making it more environmentally friendly.
- Rising awareness about the benefits of fiberglass insulation: There is a growing awareness among consumers about the benefits of using fiberglass insulation, which is likely to boost demand for this product in the coming years.
- Growing construction industry: The global construction industry is projected to grow at a healthy rate in the next few years, providing a major impetus to growth of the fiberglass insulation market.
- Technological advancements: The manufacturers of fiberglass insulation are constantly innovating their products in order to meet changing consumer needs and preferences. This is likely to result in increased adoption of fiberglass insulation by builders and homeowners alike over time. 5) Stringent government regulations on energy consumption: Governments across various countries are implementing stringent regulations aimed at reducing energy consumption levels through better building design standards and promotion of efficient materials such as fiberglass insulation
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Insulation Market Research Report
By Type
Continuous Fiber, Fixed Length Fiber, Glass Wool
By Application
Residential Construction, Commercial and Industrial Construction, Industrial and HVAC Application, Others
By Companies
Asahi Fiber Glass, Bradford insulation, Compagnie deint Gobain, Guardian Insulation, Johns Manville, KCC, Knauf Insulation, Owens Corning, Superglass Insulation, Uralita
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Insulation Market Report Segments:
The global Fiberglass Insulation market is segmented on the basis of:
Types
Continuous Fiber, Fixed Length Fiber, Glass Wool
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Construction, Commercial and Industrial Construction, Industrial and HVAC Application, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahi Fiber Glass
- Bradford insulation
- Compagnie deint Gobain
- Guardian Insulation
- Johns Manville
- KCC
- Knauf Insulation
- Owens Corning
- Superglass Insulation
- Uralita
Highlights of The Fiberglass Insulation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Continuous Fiber
- Fixed Length Fiber
- Glass Wool
- By Application:
- Residential Construction
- Commercial and Industrial Construction
- Industrial and HVAC Application
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiberglass Insulation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiberglass insulation is a type of insulation made from glass fibers. It is a thermal insulator and can be used in place of other types of insulation, such as foam or paper, in many applications.
Some of the major companies in the fiberglass insulation market are Asahi Fiber Glass, Bradford insulation, Compagnie deint Gobain, Guardian Insulation, Johns Manville, KCC, Knauf Insulation, Owens Corning, Superglass Insulation, Uralita.
The fiberglass insulation market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fiberglass Insulation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fiberglass Insulation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fiberglass Insulation Market - Supply Chain
4.5. Global Fiberglass Insulation Market Forecast
4.5.1. Fiberglass Insulation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fiberglass Insulation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fiberglass Insulation Market Absolute $ Opportunity
5. Global Fiberglass Insulation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fiberglass Insulation Market Size and Volume Forecast by Type
5.3.1. Continuous Fiber
5.3.2. Fixed Length Fiber
5.3.3. Glass Wool
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fiberglass Insulation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fiberglass Insulation Market Size and Volume Forecast by Application
6.3.1. Residential Construction
6.3.2. Commercial and Industrial Construction
6.3.3. Industrial and HVAC Application
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fiberglass Insulation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fiberglass Insulation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fiberglass Insulation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fiberglass Insulation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fiberglass Insulation Demand Share Forecast, 2019-2026
9. North America Fiberglass Insulation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fiberglass Insulation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fiberglass Insulation Market Size and Volume Forecast by Application
9.4.1. Residential Construction
9.4.2. Commercial and Industrial Construction
9.4.3. Industrial and HVAC Application
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fiberglass Insulation Market Size and Volume Forecast by Type
9.7.1. Continuous Fiber
9.7.2. Fixed Length Fiber
9.7.3. Glass Wool
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fiberglass Insulation Demand Share Forecast, 2019-2026
10. Latin America Fiberglass Insulation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fiberglass Insulation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fiberglass Insulation Market Size and Volume Forecast by Application
10.4.1. Residential Construction
10.4.2. Commercial and Industrial Construction
10.4.3. Industrial and HVAC Application
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fiberglass Insulation Market Size and Volume Forecast by Type
10.7.1. Continuous Fiber
10.7.2. Fixed Length Fiber
10.7.3. Glass Wool
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fiberglass Insulation Demand Share Forecast, 2019-2026
11. Europe Fiberglass Insulation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fiberglass Insulation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fiberglass Insulation Market Size and Volume Forecast by Application
11.4.1. Residential Construction
11.4.2. Commercial and Industrial Construction
11.4.3. Industrial and HVAC Application
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fiberglass Insulation Market Size and Volume Forecast by Type
11.7.1. Continuous Fiber
11.7.2. Fixed Length Fiber
11.7.3. Glass Wool
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fiberglass Insulation Demand Share, 2019-2026
12. Asia Pacific Fiberglass Insulation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fiberglass Insulation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fiberglass Insulation Market Size and Volume Forecast by Application
12.4.1. Residential Construction
12.4.2. Commercial and Industrial Construction
12.4.3. Industrial and HVAC Application
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fiberglass Insulation Market Size and Volume Forecast by Type
12.7.1. Continuous Fiber
12.7.2. Fixed Length Fiber
12.7.3. Glass Wool
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fiberglass Insulation Demand Share, 2019-2026
13. Middle East & Africa Fiberglass Insulation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fiberglass Insulation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fiberglass Insulation Market Size and Volume Forecast by Application
13.4.1. Residential Construction
13.4.2. Commercial and Industrial Construction
13.4.3. Industrial and HVAC Application
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fiberglass Insulation Market Size and Volume Forecast by Type
13.7.1. Continuous Fiber
13.7.2. Fixed Length Fiber
13.7.3. Glass Wool
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fiberglass Insulation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fiberglass Insulation Market: Market Share Analysis
14.2. Fiberglass Insulation Distributors and Customers
14.3. Fiberglass Insulation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Asahi Fiber Glass
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bradford insulation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Compagnie deint Gobain
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Guardian Insulation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Johns Manville
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KCC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Knauf Insulation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Owens Corning
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Superglass Insulation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Uralita
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
