Market Overview:
The global thermal insulating plaster 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. Thermal insulation plaster is used in roofs, walls, and other applications to reduce heat transfer and improve the thermal performance of buildings. Based on type, the global thermal insulating plaster market can be segmented into expanded recycled glass beads based and cement binder based. The expanded recycled glass beads based segment is expected to grow at a higher CAGR during the forecast period owing to its superior thermal insulation properties as compared to other types of plasters. Based on application, the global thermal insulating plaster market can be divided into roofs, walls, and others (floors, ceilings). The roofing application segment is expected to account for a major share of the global market in terms of revenue due to increasing demand for energy-efficient homes worldwide.
Product Definition:
Thermal Insulating Plaster is a type of plaster that is used to insulate buildings and homes. It helps to keep the building or home warm in the winter and cool in the summer.
Expanded Recycled Glass Beads Based:
Expanded Recycled Glass Beads Based (ERGB) is a type of glass beads made from used beverage and food bottles. The manufacturing process involves melting the bead-making material in a furnace, followed by cooling to form the final product. The finished product has uniform wall thickness ranging from 0.3mm to 1mm and can be customized based on customer requirements.
Cement Binder Based:
Cement binder is a material which holds the cement together and allows it to set. Cement binders can be natural or synthetic in nature, however, they should have the ability to react with each other chemically. The most commonly used natural cement binders are sand, peat and limestone among others. On the other hand synthetic binders include polyvinyl alcohol (PVA), acrylic polymer (AP) and polyethylene glycol (PEG).
Application Insights:
Roofs application segment led the global market and accounted for more than 54.0% share of the overall revenue in 2017. Rising demand for GIP on account of its superior insulation properties is expected to drive the product demand over the forecast period. Insulation of roofs plays a significant role in reducing energy costs associated with heating or cooling a building, thereby enhancing profitability margins of building owners.
The walls segment is anticipated to register a CAGR exceeding 7% from 2018 to 2030 owing to rising consumer awareness regarding cost-effectiveness coupled with environmental benefits offered by GIP products over other conventional construction materials such as concrete and steel. Increasing disposable income levels coupled with changing lifestyle trends are expected drive consumer spending on home improvement activities which will subsequently benefit product consumption over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth is primarily driven by China, which accounted for a share of more than 30% in 2017 owing to high product demand from residential as well as non-residential construction sectors. Moreover, rising population coupled with rapid urbanization has resulted in increased demand for housing units, thereby driving industry expansion.
The European region occupied second position after Asia Pacific and was valued at USD X million in 2017 owing to high consumption of thermal insulation materials used for roofing applications on account of cold climatic conditions prevalent across this region particularly during winter season resulting into ice & snow buildup on buildings causing energy loss through heat transfer (EHT) that needs to be overcome by using efficient building materials such as thermal insulation plaster products that consume minimal energy while maintaining temperature within a building structure thus reducing overall structural energy consumption and cost.
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly construction materials
- Rising awareness about the benefits of thermal insulation plaster among architects, builders, and homeowners
- Growing popularity of plasterboard as a replacement for traditional building materials such as brick and concrete
- Proliferation of DIY home renovation projects that require thermal insulation plastering services
- Technological advancements that have led to the development of more efficient and user-friendly thermal insulation products
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Insulating Plaster Market Research Report
By Type
Expanded Recycled Glass Beads Based, Cement Binder Based
By Application
Roofs, Walls, Others
By Companies
Laterlite, Marmoline, Archiproducts, Lime Green, Uzen Pte Ltd, Ardex Endura, SPF International, NanoPhos
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Insulating Plaster Market Report Segments:
The global Thermal Insulating Plaster market is segmented on the basis of:
Types
Expanded Recycled Glass Beads Based, Cement Binder Based
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
Roofs, Walls, 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:
- Laterlite
- Marmoline
- Archiproducts
- Lime Green
- Uzen Pte Ltd
- Ardex Endura
- SPF International
- NanoPhos
Highlights of The Thermal Insulating Plaster 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:
- Expanded Recycled Glass Beads Based
- Cement Binder Based
- By Application:
- Roofs
- Walls
- 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 Thermal Insulating Plaster 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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- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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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?
Thermal Insulating Plaster is a type of insulation that uses a plaster or mud mixture to fill cavities and cracks in walls, ceilings and floors. The mixture is then dried and painted. Thermal Insulating Plaster helps keep buildings warm in the winter and cool in the summer.
Some of the major companies in the thermal insulating plaster market are Laterlite, Marmoline, Archiproducts, Lime Green, Uzen Pte Ltd, Ardex Endura, SPF International, NanoPhos.
The thermal insulating plaster market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Insulating Plaster 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. Thermal Insulating Plaster Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Insulating Plaster Market - Supply Chain
4.5. Global Thermal Insulating Plaster Market Forecast
4.5.1. Thermal Insulating Plaster Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Insulating Plaster Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Insulating Plaster Market Absolute $ Opportunity
5. Global Thermal Insulating Plaster 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. Thermal Insulating Plaster Market Size and Volume Forecast by Type
5.3.1. Expanded Recycled Glass Beads Based
5.3.2. Cement Binder Based
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Insulating Plaster 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. Thermal Insulating Plaster Market Size and Volume Forecast by Application
6.3.1. Roofs
6.3.2. Walls
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Insulating Plaster 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. Thermal Insulating Plaster 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 Thermal Insulating Plaster 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. Thermal Insulating Plaster 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 Thermal Insulating Plaster Demand Share Forecast, 2019-2026
9. North America Thermal Insulating Plaster 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 Thermal Insulating Plaster 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 Thermal Insulating Plaster Market Size and Volume Forecast by Application
9.4.1. Roofs
9.4.2. Walls
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 Thermal Insulating Plaster Market Size and Volume Forecast by Type
9.7.1. Expanded Recycled Glass Beads Based
9.7.2. Cement Binder Based
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 Thermal Insulating Plaster Demand Share Forecast, 2019-2026
10. Latin America Thermal Insulating Plaster 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 Thermal Insulating Plaster 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 Thermal Insulating Plaster Market Size and Volume Forecast by Application
10.4.1. Roofs
10.4.2. Walls
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 Thermal Insulating Plaster Market Size and Volume Forecast by Type
10.7.1. Expanded Recycled Glass Beads Based
10.7.2. Cement Binder Based
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 Thermal Insulating Plaster Demand Share Forecast, 2019-2026
11. Europe Thermal Insulating Plaster 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 Thermal Insulating Plaster 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 Thermal Insulating Plaster Market Size and Volume Forecast by Application
11.4.1. Roofs
11.4.2. Walls
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 Thermal Insulating Plaster Market Size and Volume Forecast by Type
11.7.1. Expanded Recycled Glass Beads Based
11.7.2. Cement Binder Based
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 Thermal Insulating Plaster Demand Share, 2019-2026
12. Asia Pacific Thermal Insulating Plaster 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 Thermal Insulating Plaster 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 Thermal Insulating Plaster Market Size and Volume Forecast by Application
12.4.1. Roofs
12.4.2. Walls
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 Thermal Insulating Plaster Market Size and Volume Forecast by Type
12.7.1. Expanded Recycled Glass Beads Based
12.7.2. Cement Binder Based
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 Thermal Insulating Plaster Demand Share, 2019-2026
13. Middle East & Africa Thermal Insulating Plaster 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 Thermal Insulating Plaster 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 Thermal Insulating Plaster Market Size and Volume Forecast by Application
13.4.1. Roofs
13.4.2. Walls
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 Thermal Insulating Plaster Market Size and Volume Forecast by Type
13.7.1. Expanded Recycled Glass Beads Based
13.7.2. Cement Binder Based
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 Thermal Insulating Plaster Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Insulating Plaster Market: Market Share Analysis
14.2. Thermal Insulating Plaster Distributors and Customers
14.3. Thermal Insulating Plaster Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Laterlite
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Marmoline
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Archiproducts
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lime Green
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Uzen Pte Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ardex Endura
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SPF International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NanoPhos
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
