Market Overview:
The global insulating blankets market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and environment-friendly products across the globe. In addition, the growing awareness about safety and health hazards associated with conventional insulation methods is also propelling the demand for insulating blankets globally. Based on type, the global insulating blankets market can be segmented into conventional insulation type, antiskid insulated type, and others. The conventional insulation type segment dominates the global insulating blankets market owing to its widespread use in various end-use industries such as power industry, chemical industry, and others.
Product Definition:
Insulating blankets are materials used to cover and protect objects from the cold. They are made of materials like fiberglass, foam, or wool.
Conventional Insulation Type:
Conventional insulation type market is segmented into three major types, namely fiberglass, mineral wool and cellulose. Fiberglass accounted for the largest share of conventional insulation used in blankets and it's expected to grow at a significant rate over the forecast period. Fiberglass based conventional blanket accounts for around 40% of total market share by volume but owing to its high cost it's used in niche markets only.
Antiskid Insulated Type:
Antiskid insulated type is used in the production of insulating blankets. These products are made up of non-flammable, water-resistant material which helps in preventing heat loss from the body to a large extent. The antiskid insulation technology has been developed by Dow Chemical Company and was first used in their patented cold weather clothing product called “Antigall”.
Application Insights:
The power industry segment accounted for the largest share in 2015 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to rising demand for electricity from countries such as China, India, South Korea and Japan. Blankets are used in power plants, commercial buildings and residential areas owing to their ability to reduce energy costs by approximately 20%.
Chemical industry segment is also expected ¢â‚¬Ëœpowerhouse¢â‚¬â„¢ during the forecast period owing ƒ to increasing production of chemicals including polyurethane foams, polyethylene terephthalate (PET) bottles & cans along with growing use of blankets in chemical storage tanks.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising industrialization, expansion of chemical and power industries, coupled with growing population in developing economies such as China and India. In addition, increasing government initiatives for promoting investments through tax benefits are anticipated to drive demand for these products across this region.
Europe accounted for a significant share of global revenue in 2017 owing to high consumption levels associated with major countries including Germany, Russia, France among others experiencing an increase in household spending on heating equipment during harsh winters. Moreover European governments have been focusing on reducing greenhouse emissions by investing heavily into insulation Blankets which will further propel market growth over the next eight years time frame.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products
- Rising awareness about the benefits of insulation blankets
- Growing construction industry in developing countries
- Technological advancements in insulation blankets manufacturing process
- Rising demand from end-use industries such as automotive, aerospace, and marine
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulating Blankets Market Research Report
By Type
Conventional Insulation Type, Antiskid Insulated Type, Others
By Application
Power Industry, Chemical Industry, Others
By Companies
YOTSUGI, Hubbell, Oberon, Magid, Sicame, Firwin, MandO Insulation, Thermal Products, YOTSUGI
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Insulating Blankets Market Report Segments:
The global Insulating Blankets market is segmented on the basis of:
Types
Conventional Insulation Type, Antiskid Insulated Type, Others
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
Power Industry, Chemical Industry, 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:
- YOTSUGI
- Hubbell
- Oberon
- Magid
- Sicame
- Firwin
- MandO Insulation
- Thermal Products
- YOTSUGI
Highlights of The Insulating Blankets 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:
- Conventional Insulation Type
- Antiskid Insulated Type
- Others
- By Application:
- Power Industry
- Chemical Industry
- 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 Insulating Blankets 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Insulating blankets are a type of thermal insulation that is made from a variety of materials, including cotton, wool, and polyester. They are typically rectangular in shape and measure about 60 inches by 80 inches.
Some of the major players in the insulating blankets market are YOTSUGI, Hubbell, Oberon, Magid, Sicame, Firwin, MandO Insulation, Thermal Products, YOTSUGI.
The insulating blankets market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Insulating Blankets 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 Insulating Blankets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insulating Blankets 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 Insulating Blankets 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 Insulating Blankets Market Size & Forecast, 2018-2028
4.5.1 Insulating Blankets Market Size and Y-o-Y Growth
4.5.2 Insulating Blankets Market Absolute $ Opportunity
Chapter 5 Global Insulating Blankets 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 Insulating Blankets Market Size Forecast by Type
5.2.1 Conventional Insulation Type
5.2.2 Antiskid Insulated Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Insulating Blankets 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 Insulating Blankets Market Size Forecast by Applications
6.2.1 Power Industry
6.2.2 Chemical Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insulating Blankets 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 Insulating Blankets 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 Insulating Blankets Analysis and Forecast
9.1 Introduction
9.2 North America Insulating Blankets 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 Insulating Blankets Market Size Forecast by Type
9.6.1 Conventional Insulation Type
9.6.2 Antiskid Insulated Type
9.6.3 Others
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 Insulating Blankets Market Size Forecast by Applications
9.10.1 Power Industry
9.10.2 Chemical Industry
9.10.3 Others
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 Insulating Blankets Analysis and Forecast
10.1 Introduction
10.2 Europe Insulating Blankets 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 Insulating Blankets Market Size Forecast by Type
10.6.1 Conventional Insulation Type
10.6.2 Antiskid Insulated Type
10.6.3 Others
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 Insulating Blankets Market Size Forecast by Applications
10.10.1 Power Industry
10.10.2 Chemical Industry
10.10.3 Others
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 Insulating Blankets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Insulating Blankets 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 Insulating Blankets Market Size Forecast by Type
11.6.1 Conventional Insulation Type
11.6.2 Antiskid Insulated Type
11.6.3 Others
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 Insulating Blankets Market Size Forecast by Applications
11.10.1 Power Industry
11.10.2 Chemical Industry
11.10.3 Others
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 Insulating Blankets Analysis and Forecast
12.1 Introduction
12.2 Latin America Insulating Blankets 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 Insulating Blankets Market Size Forecast by Type
12.6.1 Conventional Insulation Type
12.6.2 Antiskid Insulated Type
12.6.3 Others
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 Insulating Blankets Market Size Forecast by Applications
12.10.1 Power Industry
12.10.2 Chemical Industry
12.10.3 Others
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) Insulating Blankets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Insulating Blankets 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) Insulating Blankets Market Size Forecast by Type
13.6.1 Conventional Insulation Type
13.6.2 Antiskid Insulated Type
13.6.3 Others
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) Insulating Blankets Market Size Forecast by Applications
13.10.1 Power Industry
13.10.2 Chemical Industry
13.10.3 Others
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 Insulating Blankets Market: Competitive Dashboard
14.2 Global Insulating Blankets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 YOTSUGI
14.3.2 Hubbell
14.3.3 Oberon
14.3.4 Magid
14.3.5 Sicame
14.3.6 Firwin
14.3.7 MandO Insulation
14.3.8 Thermal Products
14.3.9 YOTSUGI
