Market Overview:
The global phenolic foam insulation boards 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 construction materials. Phenolic foam insulation boards are used in various applications such as industry use, building use, and others. Among these applications, the building use segment is expected to grow at a higher CAGR during the forecast period owing to the increasing demand for energy-efficient buildings across the globe. The North America region dominates the global phenolic foam insulation boards market followed by Europe and Asia Pacific regions respectively.
Product Definition:
Phenolic foam insulation boards are a high-performance insulation product made from extruded polystyrene foam that has been coated with phenolic resin. The boards have a smooth, hard surface that is resistant to moisture and insects, and they can be cut or glued easily. Phenolic foam insulation boards are used in many applications where high thermal performance is required, such as roofs, walls, and ceilings.
Insulation Thickness≤40 mm:
Insulation thickness between 40 mm to 100 mm is most commonly used for insulation of roof and wall cavities in residential and commercial buildings. Insulation thickness below 40mm is generally not used as a primary thermal barrier on account of its low density. However, it can be combined with other materials such as PU foam to achieve desired R-value for thermal insulation purposes.
40 mm
40 mm insulation thickness is the minimal insulation thickness required to provide R-value of the phenolic foam board. The thickness above 80 mm is used for different applications such as soundproofing, wall covering and ceiling, and flooring. It can also be used in between 40mm -80mm range for various applications such as interior design components or light fixtures depending upon its application.
Application Insights:
Industry use accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Phenolic foam insulation boards are widely used in industrial applications including cold storage, food processing, chemical manufacturing and petrochemical plants. These products help reduce energy costs by lowering electricity consumption during start-ups, operation as well as maintenance of HVAC systems.
The building use segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for high-end construction materials with superior thermal insulating properties that can withstand extreme temperatures without compromising on quality or performance standards required by end-users such as architects & builders across the globe. Phenolic foam insulation boards offer thermal resistance against heat & cold along with sound deadening properties which makes it suitable for lining walls & roofs among other structures used in buildings such as partitions and furniture among others.
Regional Analysis:
North America phenolic foam insulation boards market is expected to grow at a significant rate over the forecast period. The growth of the regional market can be attributed to rising demand for energy efficiency in residential and commercial buildings, which will drive product demand. In addition, stringent government regulations regarding carbon emissions are anticipated to propel product demand in industrial facilities such as chemical plants and paper mills across North America region.
Asia Pacific is projected to witness substantial growth over the coming years owing to rapid urbanization coupled with increasing construction activities in emerging economies including China and India. In addition, growing awareness about building energy efficiency along with supportive government initiatives aimed at reducing greenhouse gas (GHG) emissions from thermal insulation products used for building interior decoration is likely boost industry expansion over the next eight years or so.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global Phenolic Foam Insulation Boards market is expected to grow at a CAGR of over 5% during the forecast period owing to the increasing demand for energy-efficient and environment-friendly products.
- Rising construction spending in developing countries: The growth of the Phenolic Foam Insulation Boards market is also driven by the rising construction spending in developing countries, which is projected to increase at a CAGR of over 6% during the forecast period.
- Growing awareness about thermal insulation benefits: There has been a rise in awareness about thermal insulation benefits offered by phenolic foam boards among consumers, builders, and architects, which is propelling the growth of this market.
- Technological advancements: The development of new technologies that offer better performance than traditional phenolic foam boards is aiding in the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phenolic Foam Insulation Boards Market Research Report
By Type
Insulation Thickness≤40 mm, 40 mm80 mm
By Application
Industry Use, Building Use
By Companies
Kingspan Insulation, Asahi Kasei, Unilin(Xtratherm), LG Hausys, Sekisui Chemical, Jinan Shengquan Group, Tenlead, Guibao, Beili Huahai
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Phenolic Foam Insulation Boards Market Report Segments:
The global Phenolic Foam Insulation Boards market is segmented on the basis of:
Types
Insulation Thickness≤40 mm, 40 mm80 mm
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
Industry Use, Building Use
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:
- Kingspan Insulation
- Asahi Kasei
- Unilin(Xtratherm)
- LG Hausys
- Sekisui Chemical
- Jinan Shengquan Group
- Tenlead
- Guibao
- Beili Huahai
Highlights of The Phenolic Foam Insulation Boards 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:
- Insulation Thickness≤40 mm
- 40 mm
- Insulation Thickness>80 mm
- By Application:
- Industry Use
- Building Use
- 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 Phenolic Foam Insulation Boards 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?
Phenolic foam insulation boards are made of phenolic resin and are a type of thermal insulation. They are used to insulate buildings, including homes and businesses, by trapping heat inside the board.
Some of the key players operating in the phenolic foam insulation boards market are Kingspan Insulation, Asahi Kasei, Unilin(Xtratherm), LG Hausys, Sekisui Chemical, Jinan Shengquan Group, Tenlead, Guibao, Beili Huahai.
The phenolic foam insulation boards 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 Phenolic Foam Insulation Boards 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 Phenolic Foam Insulation Boards Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Phenolic Foam Insulation Boards 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 Phenolic Foam Insulation Boards 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 Phenolic Foam Insulation Boards Market Size & Forecast, 2020-2028
4.5.1 Phenolic Foam Insulation Boards Market Size and Y-o-Y Growth
4.5.2 Phenolic Foam Insulation Boards Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Insulation Thickness≤40 mm
5.2.2 40 mm 5.2.3 Insulation Thickness>80 mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industry Use
6.2.2 Building Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phenolic Foam Insulation Boards 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 Phenolic Foam Insulation Boards 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Insulation Thickness≤40 mm
9.6.2 40 mm 9.6.3 Insulation Thickness>80 mm
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 Market Size Forecast by Applications
9.10.1 Industry Use
9.10.2 Building Use
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Insulation Thickness≤40 mm
10.6.2 40 mm 10.6.3 Insulation Thickness>80 mm
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 Market Size Forecast by Applications
10.10.1 Industry Use
10.10.2 Building Use
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Insulation Thickness≤40 mm
11.6.2 40 mm 11.6.3 Insulation Thickness>80 mm
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 Market Size Forecast by Applications
11.10.1 Industry Use
11.10.2 Building Use
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Insulation Thickness≤40 mm
12.6.2 40 mm 12.6.3 Insulation Thickness>80 mm
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 Market Size Forecast by Applications
12.10.1 Industry Use
12.10.2 Building Use
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Insulation Thickness≤40 mm
13.6.2 40 mm 13.6.3 Insulation Thickness>80 mm
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) Market Size Forecast by Applications
13.10.1 Industry Use
13.10.2 Building Use
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 Phenolic Foam Insulation Boards Market: Competitive Dashboard
14.2 Global Phenolic Foam Insulation Boards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kingspan Insulation
14.3.2 Asahi Kasei
14.3.3 Unilin(Xtratherm)
14.3.4 LG Hausys
14.3.5 Sekisui Chemical
14.3.6 Jinan Shengquan Group
14.3.7 Tenlead
14.3.8 Guibao
14.3.9 Beili Huahai
