Market Overview:
The global insulation panel 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 buildings, rising awareness about the benefits of insulation panels, and growing construction activities across the globe. The vacuum insulated panel (VIP) segment is projected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its superior thermal performance and ability to withstand extreme weather conditions. The building material segment accounted for the largest share of the global insulation panel market in 2017 and is projected to dominate during the forecast period as well.
Product Definition:
Insulation Panel is a board or sheet of material used to reduce heat loss or gain, typically in a building.
Vacuum Insulated Panel:
VIP is a thin, laminated panel made from high-performance polymers. Vacuum insulated panels are used in various applications including the construction of residential and commercial buildings for thermal insulation. The vacuum insulated panel market has witnessed significant growth over the past few years owing to its wide range of application and properties such as lightweight, durability, energy efficiency along with low maintenance costs which makes it suitable for use in green buildings.
Structural Insulated Panel:
Structural Insulated Panels (SIPs) are manufactured using a variety of materials including fiberglass, rock wool, cellulose and polystyrene. The choice of these materials depends on the application for which they are being used. Fiberglass is widely used owing to its properties such as high thermal efficiency and low weight among others.
Application Insights:
Building material was the largest application segment in 2015, accounting for over 60.0% share of the global volume. Growing construction activities across various regions, particularly in developing countries such as India and China on account of increasing disposable income levels coupled with rising population is expected to drive product demand over the forecast period.
The home appliance and refrigeratory segment accounted for a significant share in 2015 owing to rapid growth of end-use industries including air conditioning systems and refrigeration equipment manufacturing in emerging economies including China, India, Brazil and South Africa. In addition, stringent government regulations regarding energy efficiency are driving manufacturers towards using this product type which is likely to further fuel market growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from residential, commercial, and industrial sectors. Increasing construction activities due to growing population are also anticipated to drive product demand in Asia Pacific. In addition, rapid urbanization coupled with increasing infrastructure spending by governments across emerging economies such as China and India is further expected to fuel industry expansion over the next eight years.
Europe accounted for a significant share of revenue in 2016 owing their large construction sector which includes renovation activities on a large scale across countries such as Germany, Italy, Spain among others will have a positive impact on industry growths during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global insulation market is expected to grow at a CAGR of more than 5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy-efficient buildings, as well as the rising awareness about the benefits of insulation among consumers.
- Stringent government regulations and standards: Stringent government regulations and standards pertaining to energy efficiency are driving the demand for insulation products in various end-use industries such as construction, automotive, and packaging.
- Technological advancements: The development of new and innovative insulation products that offer better thermal performance is aiding the growth of the market worldwide. For instance, spray foam Insulation has emerged as one of the most popular types of insulation in recent years due to its superior thermal properties compared with other traditional forms such as fiberglass or cellulose Insulation . 4) Growing popularity of green building practices: There is a growing trend among consumers worldwide towards adopting green building practices, which has led to an increase in demand for sustainable and environment-friendly insulation products such as natural fiber Insulation . 5) Rising disposable income levels: A rise in disposable income levels across emerging economies is resulting in an increase in spending on home improvement projects, thereby boosting sales prospects for insulation panel manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulation Panel Market Research Report
By Type
Vacuum Insulated Panel, Structural Insulated Panel, Other
By Application
Building Material, Home Appliance and Refrigeratory, Others
By Companies
Va-Q-Tec, Panasonic, LG Hausys, KCC, ThermoCor, Porextherm, Etex Group(Promat and Marley Eternit), Kingspan Insulation, Kevothermal, Turna, Knauf Insulation, Fujian SuperTech, Weiaipu New Materials, Qingdao Creek, Yinxing Electric, Sanyou Dior Insulation Materials, ZhongHeng New Materials, Zhongke Baoruite
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Insulation Panel Market Report Segments:
The global Insulation Panel market is segmented on the basis of:
Types
Vacuum Insulated Panel, Structural Insulated Panel, 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
Building Material, Home Appliance and Refrigeratory, 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:
- Va-Q-Tec
- Panasonic
- LG Hausys
- KCC
- ThermoCor
- Porextherm
- Etex Group(Promat and Marley Eternit)
- Kingspan Insulation
- Kevothermal
- Turna
- Knauf Insulation
- Fujian SuperTech
- Weiaipu New Materials
- Qingdao Creek
- Yinxing Electric
- Sanyou Dior Insulation Materials
- ZhongHeng New Materials
- Zhongke Baoruite
Highlights of The Insulation Panel 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:
- Vacuum Insulated Panel
- Structural Insulated Panel
- Other
- By Application:
- Building Material
- Home Appliance and Refrigeratory
- 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 Insulation Panel 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?
Insulation panel is a type of insulation material that is installed in walls and ceilings to reduce energy costs.
Some of the major companies in the insulation panel market are Va-Q-Tec, Panasonic, LG Hausys, KCC, ThermoCor, Porextherm, Etex Group(Promat and Marley Eternit), Kingspan Insulation, Kevothermal, Turna, Knauf Insulation, Fujian SuperTech, Weiaipu New Materials, Qingdao Creek, Yinxing Electric, Sanyou Dior Insulation Materials, ZhongHeng New Materials, Zhongke Baoruite.
The insulation panel market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Insulation Panel 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. Insulation Panel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Insulation Panel Market - Supply Chain
4.5. Global Insulation Panel Market Forecast
4.5.1. Insulation Panel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Insulation Panel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Insulation Panel Market Absolute $ Opportunity
5. Global Insulation Panel 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. Insulation Panel Market Size and Volume Forecast by Type
5.3.1. Vacuum Insulated Panel
5.3.2. Structural Insulated Panel
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Insulation Panel 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. Insulation Panel Market Size and Volume Forecast by Application
6.3.1. Building Material
6.3.2. Home Appliance and Refrigeratory
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Insulation Panel 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. Insulation Panel 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 Insulation Panel 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. Insulation Panel 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 Insulation Panel Demand Share Forecast, 2019-2026
9. North America Insulation Panel 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 Insulation Panel 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 Insulation Panel Market Size and Volume Forecast by Application
9.4.1. Building Material
9.4.2. Home Appliance and Refrigeratory
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Insulation Panel Market Size and Volume Forecast by Type
9.7.1. Vacuum Insulated Panel
9.7.2. Structural Insulated Panel
9.7.3. Other
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 Insulation Panel Demand Share Forecast, 2019-2026
10. Latin America Insulation Panel 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 Insulation Panel 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 Insulation Panel Market Size and Volume Forecast by Application
10.4.1. Building Material
10.4.2. Home Appliance and Refrigeratory
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Insulation Panel Market Size and Volume Forecast by Type
10.7.1. Vacuum Insulated Panel
10.7.2. Structural Insulated Panel
10.7.3. Other
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 Insulation Panel Demand Share Forecast, 2019-2026
11. Europe Insulation Panel 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 Insulation Panel 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 Insulation Panel Market Size and Volume Forecast by Application
11.4.1. Building Material
11.4.2. Home Appliance and Refrigeratory
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Insulation Panel Market Size and Volume Forecast by Type
11.7.1. Vacuum Insulated Panel
11.7.2. Structural Insulated Panel
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attactiveness/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 Insulation Panel Demand Share, 2019-2026
12. Asia Pacific Insulation Panel 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 Insulation Panel 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 Insulation Panel Market Size and Volume Forecast by Application
12.4.1. Building Material
12.4.2. Home Appliance and Refrigeratory
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Insulation Panel Market Size and Volume Forecast by Type
12.7.1. Vacuum Insulated Panel
12.7.2. Structural Insulated Panel
12.7.3. Other
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 Insulation Panel Demand Share, 2019-2026
13. Middle East & Africa Insulation Panel 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 Insulation Panel 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 Insulation Panel Market Size and Volume Forecast by Application
13.4.1. Building Material
13.4.2. Home Appliance and Refrigeratory
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Insulation Panel Market Size and Volume Forecast by Type
13.7.1. Vacuum Insulated Panel
13.7.2. Structural Insulated Panel
13.7.3. Other
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 Insulation Panel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Insulation Panel Market: Market Share Analysis
14.2. Insulation Panel Distributors and Customers
14.3. Insulation Panel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Va-Q-Tec
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panasonic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Hausys
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KCC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ThermoCor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Porextherm
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Etex Group(Promat and Marley Eternit)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kingspan Insulation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kevothermal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Turna
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Knauf Insulation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fujian SuperTech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Weiaipu New Materials
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Qingdao Creek
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yinxing Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sanyou Dior Insulation Materials
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ZhongHeng New Materials
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Zhongke Baoruite
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
