Market Overview:
The global building thermal insulation panels market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for energy-efficient buildings and rising awareness about the benefits of using thermal insulation panels. The global building thermal insulation panels market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into rock wool, glass wool, EPS/XPS, PU/PIR and other segments. The EPS/XPS segment is expected to grow at a highest CAGR during the forecast period owing to its properties such as high R-value and low weight that make it suitable for use in various applications such as walls, roofs and floors. On the basis of application, wall segment dominates the global building thermal insulation panels market followed by roofing and flooring segments respectively.
Product Definition:
Building thermal insulation panels are used to provide insulation for buildings. They are typically made of fiberglass, foam, or mineral wool and help to keep buildings warm in the winter and cool in the summer. Building thermal insulation panels can be installed in walls, roofs, or floors and play an important role in energy efficiency.
Rock Wool:
Rock wool is a type of mineral fiber that is derived from natural sources such as sandstone, quartzite, and granite. It has the ability to absorb heat from the sun's rays which makes it an ideal material for use in building thermal insulation panels (BTIP). BTIP are used in high-temperature applications such as industrial furnaces and boilers where other forms of thermal insulation would melt.
Glass Wool:
Glass wool is a type of insulation material made up of sand, small gravel and cement. It is usually used in combination with other insulating materials such as fiberglass to form composite panels for thermal insulation in building construction. The product has high thermal conductivity compared to its counterpart which makes it suitable for use as an effective heat barrier medium in buildings.
The global glass wool market size was valued at USD 856 million in 2016.
Application Insights:
The other application segment includes the insulation of cold water pipes, air handling units, chimneys and ventilation ducts. Increasing government initiatives to reduce energy consumption in buildings is expected to drive the demand for building thermal insulation panels over the forecast period.
Building thermal insulation panels are widely used in walls as they offer superior heat retention properties. The product is also used extensively in flooring applications owing to its ability to resist moisture penetration and prevent condensation formation on cold surfaces within a building structure.
Wall application dominated the overall market with a share of 60% in terms of revenue and is expected to maintain its dominance over the forecast period due largelyto increasing demand from residential construction projects across various regions coupled with an increasein number of green buildings constructed globally since 2015-16.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 30% in 2017. The region is expected to witness growth owing to rising demand for green buildings and stringent regulations regarding energy consumption by the governments. In addition, growing awareness about building thermal insulation among consumers is anticipated to propel product demand over the forecast period.
The Asia Pacific regional market was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to rapid urbanization, increasing population, changing lifestyles, and rising disposable income levels that lead people towards buying houses or apartments equipped with modern facilities including heating systems and cooling systems. This scenario will encourage industry participants to invest more money on R&D activities so asto caterto future industry needs.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global Building Thermal Insulation Panels market is expected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing demand for energy-efficient buildings, as they help in reducing greenhouse gas emissions and save on energy costs.
- Rising awareness about the benefits of thermal insulation: There is a growing awareness among consumers about the benefits of using thermal insulation in buildings, which is driving the growth of this market.
- Growing construction and renovation activities: The global Building Thermal Insulation Panels market is also benefiting from the increasing construction and renovation activities across different regions worldwide.
- Technological advancements: The development of new technologies that improve thermal insulation performance is aiding in the growth of this market. For instance, recent advancements such as vacuum insulated panels are helping to achieve superior thermal performance in building applications at low cost and weight levels compared to traditional insulations materials like fiberglass or mineral wool boards/batts/blankets . 5) Stringent government regulations mandating use of thermal insulation in buildings: Governments across different countries are implementing stringent regulations mandating use by builders and architects for using thermal insulation materials in order to reduce heat loss through ceilings, walls, roofs etc., thereby propellingthe growthof thismarket
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Thermal Insulation Panels Market Research Report
By Type
Rock Wool, Glass Wool, EPS/XPS, PU/PIR, Other
By Application
Wall, Roof, Floor, Other
By Companies
Rockwool International, Ravago, Owens Corning, Knauf Insulation, Saint-Gobain, Kingspan Group, URSA, TECHNONICOL, UNILIN Insulation, Recticel, Rockwool International, Linzmeier, Asahi Fiber Glass, Nippon Aqua, Nichias Corporation, Asahi Kasei, Nittobo, Sekisui Soflan Wiz, Kaneka Corporation, Achilles Corporation, Lfhuaneng, Beipeng, Shanghai ABM, Kosenca, Beijing Wuzhou
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Building Thermal Insulation Panels Market Report Segments:
The global Building Thermal Insulation Panels market is segmented on the basis of:
Types
Rock Wool, Glass Wool, EPS/XPS, PU/PIR, Other
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
Wall, Roof, Floor, Other
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:
- Rockwool International
- Ravago
- Owens Corning
- Knauf Insulation
- Saint-Gobain
- Kingspan Group
- URSA
- TECHNONICOL
- UNILIN Insulation
- Recticel
- Rockwool International
- Linzmeier
- Asahi Fiber Glass
- Nippon Aqua
- Nichias Corporation
- Asahi Kasei
- Nittobo
- Sekisui Soflan Wiz
- Kaneka Corporation
- Achilles Corporation
- Lfhuaneng
- Beipeng
- Shanghai ABM
- Kosenca
- Beijing Wuzhou
Highlights of The Building Thermal Insulation Panels 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:
- Rock Wool
- Glass Wool
- EPS/XPS
- PU/PIR
- Other
- By Application:
- Wall
- Roof
- Floor
- Other
- 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 Building Thermal Insulation Panels 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.
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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?
Building thermal insulation panels (BTP) is a process of installing a thermal insulation material on the exterior walls and ceilings of an enclosed space, such as an attic, to reduce heat loss.
Some of the major companies in the building thermal insulation panels market are Rockwool International, Ravago, Owens Corning, Knauf Insulation, Saint-Gobain, Kingspan Group, URSA, TECHNONICOL, UNILIN Insulation, Recticel, Rockwool International, Linzmeier, Asahi Fiber Glass, Nippon Aqua, Nichias Corporation, Asahi Kasei, Nittobo, Sekisui Soflan Wiz, Kaneka Corporation, Achilles Corporation, Lfhuaneng, Beipeng, Shanghai ABM, Kosenca, Beijing Wuzhou.
The building thermal insulation panels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Thermal Insulation Panels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Building Thermal Insulation Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Building Thermal Insulation Panels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Building Thermal Insulation Panels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Building Thermal Insulation Panels Market Size & Forecast, 2018-2028
4.5.1 Building Thermal Insulation Panels Market Size and Y-o-Y Growth
4.5.2 Building Thermal Insulation Panels Market Absolute $ Opportunity
Chapter 5 Global Building Thermal Insulation Panels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Building Thermal Insulation Panels Market Size Forecast by Type
5.2.1 Rock Wool
5.2.2 Glass Wool
5.2.3 EPS/XPS
5.2.4 PU/PIR
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Building Thermal Insulation Panels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Building Thermal Insulation Panels Market Size Forecast by Applications
6.2.1 Wall
6.2.2 Roof
6.2.3 Floor
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Thermal Insulation Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building Thermal Insulation Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Building Thermal Insulation Panels Analysis and Forecast
9.1 Introduction
9.2 North America Building Thermal Insulation Panels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Building Thermal Insulation Panels Market Size Forecast by Type
9.6.1 Rock Wool
9.6.2 Glass Wool
9.6.3 EPS/XPS
9.6.4 PU/PIR
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Building Thermal Insulation Panels Market Size Forecast by Applications
9.10.1 Wall
9.10.2 Roof
9.10.3 Floor
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Building Thermal Insulation Panels Analysis and Forecast
10.1 Introduction
10.2 Europe Building Thermal Insulation Panels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Building Thermal Insulation Panels Market Size Forecast by Type
10.6.1 Rock Wool
10.6.2 Glass Wool
10.6.3 EPS/XPS
10.6.4 PU/PIR
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Building Thermal Insulation Panels Market Size Forecast by Applications
10.10.1 Wall
10.10.2 Roof
10.10.3 Floor
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Building Thermal Insulation Panels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Building Thermal Insulation Panels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Building Thermal Insulation Panels Market Size Forecast by Type
11.6.1 Rock Wool
11.6.2 Glass Wool
11.6.3 EPS/XPS
11.6.4 PU/PIR
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Building Thermal Insulation Panels Market Size Forecast by Applications
11.10.1 Wall
11.10.2 Roof
11.10.3 Floor
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Building Thermal Insulation Panels Analysis and Forecast
12.1 Introduction
12.2 Latin America Building Thermal Insulation Panels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Building Thermal Insulation Panels Market Size Forecast by Type
12.6.1 Rock Wool
12.6.2 Glass Wool
12.6.3 EPS/XPS
12.6.4 PU/PIR
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Building Thermal Insulation Panels Market Size Forecast by Applications
12.10.1 Wall
12.10.2 Roof
12.10.3 Floor
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Building Thermal Insulation Panels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Building Thermal Insulation Panels Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Building Thermal Insulation Panels Market Size Forecast by Type
13.6.1 Rock Wool
13.6.2 Glass Wool
13.6.3 EPS/XPS
13.6.4 PU/PIR
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Building Thermal Insulation Panels Market Size Forecast by Applications
13.10.1 Wall
13.10.2 Roof
13.10.3 Floor
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building Thermal Insulation Panels Market: Competitive Dashboard
14.2 Global Building Thermal Insulation Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rockwool International
14.3.2 Ravago
14.3.3 Owens Corning
14.3.4 Knauf Insulation
14.3.5 Saint-Gobain
14.3.6 Kingspan Group
14.3.7 URSA
14.3.8 TECHNONICOL
14.3.9 UNILIN Insulation
14.3.10 Recticel
14.3.11 Rockwool International
14.3.12 Linzmeier
14.3.13 Asahi Fiber Glass
14.3.14 Nippon Aqua
14.3.15 Nichias Corporation
14.3.16 Asahi Kasei
14.3.17 Nittobo
14.3.18 Sekisui Soflan Wiz
14.3.19 Kaneka Corporation
14.3.20 Achilles Corporation
14.3.21 Lfhuaneng
14.3.22 Beipeng
14.3.23 Shanghai ABM
14.3.24 Kosenca
14.3.25 Beijing Wuzhou
