Market Overview:
The global phenolic insulation boards market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and environment-friendly construction materials. Phenolic insulation boards are made up of natural fibers and are non-toxic, which makes them an ideal choice for green construction projects. They also have excellent thermal and acoustic properties, making them suitable for use in both commercial and residential applications. The market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into insulation thickness below 40 mm, insulation thickness between 40 mm - 80 mm, and insulation thickness above 80 mm. On the basis of application, it is classified into commercial flooring and residential flooring segments.
Product Definition:
Phenolic insulation boards are a type of thermal insulation that is made from phenolic resin and fiberglass. They are used to insulate buildings and equipment from heat loss or gain. Phenolic insulation boards are important because they can help reduce energy costs by preventing the transfer of heat through walls, roofs, and other surfaces.
Insulation Thickness(mm)Below 40:
Insulation thickness below 40 is a new term in the phenolic insulation boards market. It was created to differentiate between products with low thermal conductivity and high thermal efficiency. The product has applications in commercial, industrial and residential sectors.
40Below Insulation Thickness(mm)Below 80:
40Below insulation thickness(mm)Below 80 is used in the Phenolic Insulation Boards market. 40 Below refers to the temperature at which a substance will start to melt. The lower the number,the higher is its melting point.
Phenolic insulation boards are used for thermal and acoustic insulating applications such as wall cladding, ceiling, flooring & roofing tiles and panels; it also provides fire protection.
Application Insights:
The commercial application segment dominated the global phenolic insulation boards market in terms of revenue share in 2017. This is attributed to rising demand from various industries including chemical, petrochemical, power generation and pharmaceuticals. Phenolic insulation boards are used for thermal and electrical insulation in several commercial buildings such as offices, plants & factories etc. In addition, these products are also used for soundproofing purposes which boosts their demand further.
Residential flooring is expected to be the fastest-growing application segment over the forecast period owing to increasing product penetration due to its properties such as ease of cleaning and superior aesthetic appeal resulting in increased sales across the globe. Phenolic based products offer cost-effective solutions while improving acoustic performance when compared with other materials commonly used for residential flooring applications such as cork or fiberboard slabs.
Regional Analysis:
North America phenolic insulation boards market accounted for over 30% of the global revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a CAGR of XX%. Increasing demand for green buildings in North America is expected to drive product demand from 2018 to 2030.
The Asia Pacific was the second largest consumer of phenolic insulation boards after Europe owing to rapid industrialization and urbanization resulting into increased construction activities which in turn will fuel industry growth during the forecast period. Phenolic insulation board has been witnessing high adoption rate due increasing ease of installation process coupled with low cost as compared other alternatives such as spray polyurethane foam (SPF) and mineral Wool-matrix composites (MWMC).
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly products: The global Phenolic 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 Insulation Boards market is also driven by the rising construction spending in developing countries, as these countries are witnessing a rapid economic development.
- Growing awareness about thermal insulation benefits: There is a growing awareness among consumers about the thermal insulation benefits offered by phenolic insulation boards, which is propelling the growth of this market.
- Technological advancements: The emergence of new technologies such as vacuum insulated panels (VIPs) has led to an increase in demand for phenolic insulation boards, thereby driving their growth prospects globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phenolic Insulation Boards Market Research Report
By Type
Insulation Thickness(mm)Below 40, 40Below Insulation Thickness(mm)Below 80, Insulation Thickness(mm)Above 80
By Application
Commercial Flooring, Residential Flooring
By Companies
Kingspan Insulation, Asahi Kasei, Unilin(Xtratherm), LG Hausys, Jinan Shengquan Group, Jinan Shengquan Group, Tenlead, Guibao, Langfang Sanxing Chemical, Lions
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Phenolic Insulation Boards Market Report Segments:
The global Phenolic Insulation Boards market is segmented on the basis of:
Types
Insulation Thickness(mm)Below 40, 40Below Insulation Thickness(mm)Below 80, Insulation Thickness(mm)Above 80
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
Commercial Flooring, Residential Flooring
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
- Jinan Shengquan Group
- Jinan Shengquan Group
- Tenlead
- Guibao
- Langfang Sanxing Chemical
- Lions
Highlights of The Phenolic 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(mm)Below 40
- 40Below Insulation Thickness(mm)Below 80
- Insulation Thickness(mm)Above 80
- By Application:
- Commercial Flooring
- Residential Flooring
- 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 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 insulation boards are made of a phenolic resin and are used to insulate buildings. They have good thermal resistance and can be used in a variety of applications, including residential, commercial, industrial, and institutional buildings.
Some of the major players in the phenolic insulation boards market are Kingspan Insulation, Asahi Kasei, Unilin(Xtratherm), LG Hausys, Jinan Shengquan Group, Jinan Shengquan Group, Tenlead, Guibao, Langfang Sanxing Chemical, Lions.
The phenolic insulation boards market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Phenolic Insulation Boards 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. Phenolic Insulation Boards Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Phenolic Insulation Boards Market - Supply Chain
4.5. Global Phenolic Insulation Boards Market Forecast
4.5.1. Phenolic Insulation Boards Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Phenolic Insulation Boards Market Size (000 Units) and Y-o-Y Growth
4.5.3. Phenolic Insulation Boards Market Absolute $ Opportunity
5. Global Phenolic Insulation Boards 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. Phenolic Insulation Boards Market Size and Volume Forecast by Type
5.3.1. Insulation Thickness(mm)Below 40
5.3.2. 40Below Insulation Thickness(mm)Below 80
5.3.3. Insulation Thickness(mm)Above 80
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Phenolic Insulation Boards 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. Phenolic Insulation Boards Market Size and Volume Forecast by Application
6.3.1. Commercial Flooring
6.3.2. Residential Flooring
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Phenolic Insulation Boards 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. Phenolic Insulation Boards 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 Phenolic Insulation Boards 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. Phenolic Insulation Boards 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 Phenolic Insulation Boards Demand Share Forecast, 2019-2026
9. North America Phenolic Insulation Boards 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 Phenolic Insulation Boards 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 Phenolic Insulation Boards Market Size and Volume Forecast by Application
9.4.1. Commercial Flooring
9.4.2. Residential Flooring
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Phenolic Insulation Boards Market Size and Volume Forecast by Type
9.7.1. Insulation Thickness(mm)Below 40
9.7.2. 40Below Insulation Thickness(mm)Below 80
9.7.3. Insulation Thickness(mm)Above 80
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 Phenolic Insulation Boards Demand Share Forecast, 2019-2026
10. Latin America Phenolic Insulation Boards 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 Phenolic Insulation Boards 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 Phenolic Insulation Boards Market Size and Volume Forecast by Application
10.4.1. Commercial Flooring
10.4.2. Residential Flooring
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Phenolic Insulation Boards Market Size and Volume Forecast by Type
10.7.1. Insulation Thickness(mm)Below 40
10.7.2. 40Below Insulation Thickness(mm)Below 80
10.7.3. Insulation Thickness(mm)Above 80
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 Phenolic Insulation Boards Demand Share Forecast, 2019-2026
11. Europe Phenolic Insulation Boards 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 Phenolic Insulation Boards 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 Phenolic Insulation Boards Market Size and Volume Forecast by Application
11.4.1. Commercial Flooring
11.4.2. Residential Flooring
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Phenolic Insulation Boards Market Size and Volume Forecast by Type
11.7.1. Insulation Thickness(mm)Below 40
11.7.2. 40Below Insulation Thickness(mm)Below 80
11.7.3. Insulation Thicknes(mm)Above 80
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 Phenolic Insulation Boards Demand Share, 2019-2026
12. Asia Pacific Phenolic Insulation Boards 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 Phenolic Insulation Boards 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 Phenolic Insulation Boards Market Size and Volume Forecast by Application
12.4.1. Commercial Flooring
12.4.2. Residential Flooring
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Phenolic Insulation Boards Market Size and Volume Forecast by Type
12.7.1. Insulation Thickness(mm)Below 40
12.7.2. 40Below Insulation Thickness(mm)Below 80
12.7.3. Insulation Thickness(mm)Above 80
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 Phenolic Insulation Boards Demand Share, 2019-2026
13. Middle East & Africa Phenolic Insulation Boards 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 Phenolic Insulation Boards 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 Phenolic Insulation Boards Market Size and Volume Forecast by Application
13.4.1. Commercial Flooring
13.4.2. Residential Flooring
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Phenolic Insulation Boards Market Size and Volume Forecast by Type
13.7.1. Insulation Thickness(mm)Below 40
13.7.2. 40Below Insulation Thickness(mm)Below 80
13.7.3. Insulation Thickness(mm)Above 80
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 Phenolic Insulation Boards Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Phenolic Insulation Boards Market: Market Share Analysis
14.2. Phenolic Insulation Boards Distributors and Customers
14.3. Phenolic Insulation Boards Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kingspan Insulation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Asahi Kasei
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Unilin(Xtratherm)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LG Hausys
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jinan Shengquan Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jinan Shengquan Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tenlead
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guibao
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Langfang Sanxing Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lions
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
