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1451535

産業用インシュレーション市場レポート:製品、インシュレーション材、最終用途産業、地域別、2024-2032

Industrial Insulation Market Report by Product, Insulation Material, End Use Industry, and Region 2024-2032

出版日: | 発行: IMARC | ページ情報: 英文 145 Pages | 納期: 2~3営業日

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価格
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本日の銀行送金レート: 1USD=156.76円
産業用インシュレーション市場レポート:製品、インシュレーション材、最終用途産業、地域別、2024-2032
出版日: 2024年03月02日
発行: IMARC
ページ情報: 英文 145 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の産業用インシュレーション市場規模は2023年に78億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて4.24%の成長率(CAGR)を示し、2032年には114億米ドルに達すると予測しています。同市場は、さまざまな業種でエネルギー効率に対するニーズが高まっていること、より効率的で環境に優しい代替品に対する企業の嗜好が高まっていること、製油所や化学処理プラントの新設が増加していることなどを背景に、着実な成長を遂げています。

産業用インシュレーション市場の分析:

市場の成長と規模:世界の産業用インシュレーション市場は、エネルギー効率規制、持続可能性への取り組み、主要な最終用途産業の拡大などの要因によって、着実な成長を遂げています。

技術の進歩:エアロゲルのような環境に優しい代替品を含む革新的な断熱材の開発が増加しています。また、モニタリング機能を備えたスマート断熱システムの出現により、エネルギー効率と施設管理のためのリアルタイムデータが提供されます。

産業用途:産業用インシュレーションは、石油化学、発電、石油・ガス、製造などの産業で広く利用されています。これらの分野では、エネルギー効率の向上、安全遵守の確保、プロセス温度の維持のために断熱ソリューションに依存しています。

地理的動向:アジア太平洋は、同地域の産業拡大に牽引され、市場をリードしています。しかし、北米と欧州は、厳しいエネルギー規制と持続可能性の目標により、急成長市場の一つとして浮上しています。

競合情勢:市場の競争情勢は、既存のメーカーやサプライヤーが幅広い断熱ソリューションを提供していることが特徴です。競合は、多様な産業要件に対応する特殊な断熱材へのニーズが原動力となっています。

課題と機会:市場は、進化する規制基準や持続可能性の要求を満たすための絶え間ない技術革新の必要性などの課題に直面する一方で、成長産業特有のニーズに合わせた断熱ソリューションの開拓や新興国市場の開拓による事業拡大の機会にも遭遇しています。

将来の展望産業用インシュレーション市場の将来展望は、引き続き成長が見込まれ、明るいものです。さらに、新興の技術や素材、最終用途産業の拡大が市場拡大を促進すると予想されます。

産業用インシュレーションの市場動向:

エネルギー効率への関心の高まり

さまざまな業界でエネルギー効率に対する関心が高まっていることは、市場成長を後押しする主な要因の1つです。また、いくつかの国の行政当局や規制機関は、二酸化炭素排出量を削減し気候変動と闘うために、厳しいエネルギー効率基準や規制を課しています。このため、産業施設はエネルギー効率の高いやり方を優先するようになり、断熱材の需要を押し上げています。適切な断熱材は熱伝導を減少させ、ひいては産業施設の冷暖房プロセスのエネルギー消費を削減します。これに伴い、二酸化炭素排出量を削減し、環境衛生を促進するため、環境に優しい慣行を採用する企業が増えています。これに伴い、リサイクル資源や再生可能資源から作られた革新的な断熱材の市場開拓が、より幅広い消費者層を引き付け、市場の成長を後押ししています。さらに、エネルギー効率規制を満たすことへの企業の関心の高まりが市場を牽引しています。さらに、さまざまな産業で高度な産業用断熱ソリューションに対する需要が高まっていることも、メーカーやサプライヤーに有利な機会を提供しています。

技術の進歩と材料の革新

継続的な技術の進歩と材料の革新が市場の成長を強化しています。さらに、卓越した断熱特性と軽量性により、エアロゲルのような、より効率的で環境に優しい代替品に対する企業の嗜好の高まりが、市場の成長を促進しています。さらに、製造プロセスの進歩により、耐火性と耐久性が強化された断熱材が開発されています。これらの材料は、安全性と寿命を高める産業用途に適しています。これとは別に、断熱材へのナノテクノロジーの統合も性能特性の向上に寄与しています。さらに、センサーと監視機能を備えたスマート断熱システムの出現は、有利な市場見通しをもたらしています。これらのシステムは、エネルギー効率と断熱性能に関するリアルタイムのデータを提供し、施設管理者がエネルギー消費を最適化し、断熱の問題に迅速に対処できるようにします。さらに、スマート断熱は省エネルギーを改善し、運用コストを削減し、産業施設の全体的な効率を高める。

最終用途産業の急速な拡大

急速な都市化と世界の産業の拡大は、市場に明るい展望をもたらしています。また、石油化学、発電、石油・ガス、製造業など、さまざまな最終用途産業で断熱材の利用が増加していることが、市場の成長を強化しています。これとともに、製油所や化学処理プラントの新設が増加していることも、市場にプラスの影響を与えています。これらの施設では、プロセス温度を維持し、エネルギーコストを削減し、安全コンプライアンスを確保するために効率的な断熱材が必要とされます。これに伴い、再生可能エネルギー設備では、よりクリーンで効率的なエネルギー源へのニーズが高まっており、市場の見通しは良好です。さらに、石油・ガス産業では、パイプラインや機器の熱損失を緩和し、極端な環境条件下での運転の完全性を確保するために、断熱材への依存度が高まっており、これが市場の成長に寄与しています。これとは別に、製造部門における精密さと自動化の重視の高まりが、産業機械と装置における断熱材の需要を刺激しています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 産業用インシュレーションの世界市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:製品別

  • ブランケット
    • 市場動向
    • 市場予測
  • ボード
    • 市場動向
    • 市場予測
  • パイプ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:インシュレーション材別

  • ミネラルウール
    • 市場動向
    • 市場予測
  • ガラス繊維
    • 市場動向
    • 市場予測
  • 発泡プラスチック
    • 市場動向
    • 市場予測
  • ケイ酸カルシウム
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳:最終用途産業別

  • 自動車
    • 市場動向
    • 市場予測
  • 化学・石油化学
    • 市場動向
    • 市場予測
  • 建設
    • 市場動向
    • 市場予測
  • 電気・電子
    • 市場動向
    • 市場予測
  • 石油・ガス
    • 市場動向
    • 市場予測
  • 発電
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳:地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • インドネシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 欧州
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • 英国
      • 市場動向
      • 市場予測
    • イタリア
      • 市場動向
      • 市場予測
    • スペイン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Aspen Aerogels Inc.
    • BASF SE
    • Bnz Materials Inc.
    • Cabot Corporation
    • Compagnie de Saint-Gobain S.A
    • Ibiden Co. Ltd.
    • Johns Manville Corporation(Berkshire Hathaway Inc)
    • Kingspan Group plc
    • Knauf Insulation
    • Nichias Corporation
    • Owens Corning
    • Rockwool A/S
図表

List of Figures

  • Figure 1: Global: Industrial Insulation Market: Major Drivers and Challenges
  • Figure 2: Global: Industrial Insulation Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Industrial Insulation Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Industrial Insulation Market: Breakup by Product (in %), 2023
  • Figure 5: Global: Industrial Insulation Market: Breakup by Insulation Material (in %), 2023
  • Figure 6: Global: Industrial Insulation Market: Breakup by End Use Industry (in %), 2023
  • Figure 7: Global: Industrial Insulation Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Industrial Insulation (Blanket) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Industrial Insulation (Blanket) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Industrial Insulation (Board) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Industrial Insulation (Board) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Industrial Insulation (Pipe) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Industrial Insulation (Pipe) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Industrial Insulation (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Industrial Insulation (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Industrial Insulation (Mineral Wool) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Industrial Insulation (Mineral Wool) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Industrial Insulation (Fiber Glass) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Industrial Insulation (Fiber Glass) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Industrial Insulation (Foamed Plastics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Industrial Insulation (Foamed Plastics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Industrial Insulation (Calcium Silicate) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Industrial Insulation (Calcium Silicate) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Industrial Insulation (Other Insulation Materials) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Industrial Insulation (Other Insulation Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Industrial Insulation (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Industrial Insulation (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Industrial Insulation (Chemical and Petrochemical) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Industrial Insulation (Chemical and Petrochemical) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Global: Industrial Insulation (Construction) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Global: Industrial Insulation (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Global: Industrial Insulation (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Global: Industrial Insulation (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Global: Industrial Insulation (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Global: Industrial Insulation (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Global: Industrial Insulation (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Global: Industrial Insulation (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Global: Industrial Insulation (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Global: Industrial Insulation (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: North America: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: North America: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: United States: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: United States: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Canada: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Canada: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Asia-Pacific: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Asia-Pacific: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: China: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: China: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Japan: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Japan: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: India: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: India: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: South Korea: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: South Korea: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Australia: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Australia: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Indonesia: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Indonesia: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Others: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Others: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Europe: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Europe: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Germany: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Germany: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: France: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: France: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: United Kingdom: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: United Kingdom: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Italy: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Italy: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Spain: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Spain: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Russia: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Russia: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Others: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Others: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 78: Latin America: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 79: Latin America: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 80: Brazil: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 81: Brazil: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Mexico: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 83: Mexico: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 84: Others: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 85: Others: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 86: Middle East and Africa: Industrial Insulation Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 87: Middle East and Africa: Industrial Insulation Market: Breakup by Country (in %), 2023
  • Figure 88: Middle East and Africa: Industrial Insulation Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 89: Global: Industrial Insulation Industry: SWOT Analysis
  • Figure 90: Global: Industrial Insulation Industry: Value Chain Analysis
  • Figure 91: Global: Industrial Insulation Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Industrial Insulation Market: Key Industry Highlights, 2023 & 2032
  • Table 2: Global: Industrial Insulation Market Forecast: Breakup by Product (in Million US$), 2024-2032
  • Table 3: Global: Industrial Insulation Market Forecast: Breakup by Insulation Material (in Million US$), 2024-2032
  • Table 4: Global: Industrial Insulation Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
  • Table 5: Global: Industrial Insulation Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Industrial Insulation Market: Competitive Structure
  • Table 7: Global: Industrial Insulation Market: Key Players
目次
Product Code: SR112024A5927

The global industrial insulation market size reached US$ 7.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.24% during 2024-2032. The market is experiencing steady growth driven by the growing need for energy efficiency across different industry verticals, rising preferences of businesses for more efficient and environment friendly alternatives, and the increasing construction of new refineries and chemical processing plants.

Industrial Insulation Market Analysis:

Market Growth and Size: The global industrial insulation market is experiencing steady growth, driven by factors, such as energy efficiency regulations, sustainability initiatives, and the expansion of key end-use industries.

Technological Advancements: There is a rise in the development of innovative insulation materials, including eco-friendly alternatives like aerogels. In addition, the emergence of smart insulation systems with monitoring capabilities provides real-time data for energy efficiency and facility management.

Industry Applications: Industrial insulation finds widespread application in industries, such as petrochemical, power generation, oil and gas, and manufacturing. These sectors rely on insulation solutions to enhance energy efficiency, ensure safety compliance, and maintain process temperatures.

Geographical Trends: Asia-Pacific leads the market, driven by the expansion of industries in the region. However, North America and Europe are emerging as one of the fast-growing markets on account of stringent energy regulations and sustainability goals.

Competitive Landscape: The market features a competitive landscape with established manufacturers and suppliers offering a wide range of insulation solutions. Competition is driven by the need for specialized insulation materials catering to diverse industrial requirements.

Challenges and Opportunities: While the market faces challenges, such as the need for constant innovation to meet evolving regulatory standards and sustainability demands, it also encounters opportunities by developing insulation solutions tailored to the specific needs of growing industries and exploring emerging markets for expansion.

Future Outlook: The future outlook for the industrial insulation market remains positive, with continued growth prospects. Additionally, emerging technologies and materials, along with expanding end-use industries, are expected to drive market expansion.

Industrial Insulation Market Trends:

Growing Concern for Energy Efficiency

The growing concerns for energy efficiency across different industry verticals represent one of the primary factors favoring the market growth. In addition, governing authorities and regulatory bodies of several countries are imposing stringent energy efficiency standards and regulations to reduce carbon emissions and combat climate change. This is encouraging industrial facilities to prioritize energy-efficient practices, driving the demand for insulation materials. Proper insulation reduces heat transfer, which, in turn, lowers energy consumption for heating and cooling processes in industrial facilities. Along with this, several companies are increasingly adopting eco-friendly practices to reduce their carbon footprint and promote environmental health. In line with this, the development of innovative insulation materials made from recycled and renewable resources is attracting a wider consumer base, bolstering the market growth. Furthermore, the rising focus of businesses on meeting energy efficiency regulations is driving the market. Moreover, the escalating demand for advanced industrial insulation solutions across various industries is offering lucrative opportunities to manufacturers and suppliers.

Technological Advancements and Material Innovations

Continuous technological advancements and material innovations are strengthening the growth of the market. Additionally, the rising preferences of businesses for more efficient and environment friendly alternatives like aerogels due to their exceptional thermal insulation properties and lightweight nature, are facilitating the market growth. Furthermore, advancements in the manufacturing processes are leading to the development of insulation materials with enhanced fire resistance and durability. These materials are well-suited for industrial applications, for enhanced safety and longevity. Apart from this, the integration of nanotechnology into insulation materials is also contributing to improved performance characteristics. Furthermore, the emergence of smart insulation systems with sensors and monitoring capabilities is offering a favorable market outlook. These systems provide real-time data on energy efficiency and insulation performance and allow facility managers to optimize energy consumption and address insulation issues promptly. Moreover, smart insulation improves energy conservation, reduces operational costs, and enhances the overall efficiency of industrial facilities.

Rapid Expansion of End-Use Industries

Rapid urbanization and the expansion of industries across the globe are creating a positive outlook for the market. In addition, the rising utilization of insulation materials across various end-use industries, including petrochemical, power generation, oil and gas, and manufacturing is strengthening the growth of the market. Along with this, the increasing construction of new refineries and chemical processing plants is influencing the market positively. These facilities require efficient insulation to maintain process temperatures, reduce energy costs, and ensure safety compliance. In line with this, the growing need for cleaner and more efficient energy sources in renewable energy installations is offering a favorable market outlook. Moreover, the increasing reliance of the oil and gas industry on insulation to mitigate heat loss in pipelines and equipment and ensure the integrity of operations in extreme environmental conditions is contributing to the market growth. Apart from this, the rising emphasis on precision and automation in the manufacturing sector is catalyzing the demand for insulation in industrial machinery and equipment.

Industrial Insulation Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product, insulation material, and end use industry.

Breakup by Product:

Blanket

Board

Pipe

Others

Pipe accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the product. This includes blanket, board, pipe, and others. According to the report, pipe represented the largest segment.

Pipe insulation is specifically designed to insulate pipes and ducts in industrial facilities. It comes in various forms, including pre-formed sections, wraps, and jackets. Pipe insulation serves the critical purpose of preventing heat loss or gain, maintaining consistent temperatures within pipelines, and reducing energy consumption. It is widely used in industries such as oil and gas, chemical processing, and heating, ventilation and air conditioning (HVAC) systems, where maintaining the temperature of fluids or gases is essential for operational efficiency and safety.

Blanket insulation consists of flexible, lightweight materials such as fiberglass or mineral wool. It is typically available in rolls or batts. Blanket insulation is highly versatile and easy to install, making it suitable for various industrial applications. It is commonly used to insulate walls, roofs, and HVAC systems. Its flexibility allows it to conform to irregular surfaces, providing effective thermal and acoustic insulation.

Board insulation comprises rigid panels made from materials like foam boards, fiberglass boards, or mineral wool boards. These panels offer excellent structural strength and insulation properties. Board insulation is commonly used in industrial settings where durability and fire resistance are crucial, such as in high-temperature applications, equipment enclosures, and industrial ovens. It provides superior thermal efficiency and can withstand extreme conditions.

Breakup by Insulation Material:

Mineral Wool

Fiber Glass

Foamed Plastics

Calcium Silicate

Others

A detailed breakup and analysis of the market based on the insulation material have also been provided in the report. This includes mineral wool, fiber glass, foamed plastics, calcium silicate, and others.

Mineral wool insulation is made from natural or recycled materials, typically basalt, slag, or diabase rock. It offers excellent fire resistance, sound absorption, and thermal insulation properties. Mineral wool is widely used in industrial applications where safety and thermal performance are critical, such as in petrochemical plants and power generation facilities.

Fiberglass insulation consists of fine glass fibers that are bonded together. It is known for its lightweight nature and cost-effectiveness. Fiberglass insulation provides effective thermal resistance and is commonly used in commercial and industrial buildings, HVAC systems, and manufacturing facilities.

Foamed plastics, including materials like expanded polystyrene (EPS) and polyurethane, are lightweight and have excellent insulation capabilities. They are used extensively in the construction of industrial refrigeration systems, cold storage, and thermal insulation for piping and equipment. Foamed plastics offer versatility and high insulating efficiency.

Calcium silicate insulation is a non-combustible material known for its exceptional temperature resistance and moisture resistance. It is often used in high-temperature industrial applications, including furnace linings, steam and process pipe insulation, and fire protection. Calcium silicate insulation is valued for its durability in extreme conditions.

Breakup by End Use Industry:

Automotive

Chemical and Petrochemical

Construction

Electrical and Electronics

Oil and Gas

Power Generation

Others

The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes automotive, chemical and petrochemical, construction, electrical and electronics, oil and gas, power generation, and others.

Insulation materials are widely used in the automotive industry to reduce noise, vibration, and thermal fluctuations within vehicles. Automotive insulation helps enhance passenger comfort and improve fuel efficiency by minimizing heat transfer. It is commonly found in vehicle interiors, engine compartments, and exhaust systems.

The chemical and petrochemical industry relies on insulation to maintain consistent temperatures in processing equipment and pipelines. Insulation materials prevent heat loss or gain, ensuring the safe and efficient operation of chemical processes and storage facilities. This sector values insulation for its role in safety, energy efficiency, and process optimization.

In construction, insulation materials are essential for energy-efficient buildings. They provide thermal insulation to regulate indoor temperatures and reduce heating and cooling costs. Insulation is used in walls, roofs, and floors to create comfortable and sustainable living and working environments.

Insulation materials find numerous applications in the electrical and electronics industry to prevent electrical shorts, protect components from overheating, and ensure the safe transmission of electricity. It is used in cables, wires, transformers, and electronic devices, for maintaining electrical integrity and safety.

The oil and gas sector relies on insulation to control temperatures in pipelines, storage tanks, and offshore platforms. Insulation materials help maintain the flow of oil and gas, prevent freezing, and reduce energy consumption. Insulation is crucial for ensuring the efficiency and safety of oil and gas operations.

In power generation, insulation is used in various equipment, including turbines, boilers, and generators. It is essential for optimizing energy production, preventing heat loss, and maintaining equipment reliability. Insulation materials play a critical role in reducing energy consumption and greenhouse gas emissions in the power generation sector.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia-Pacific leads the market, accounting for the largest industrial insulation market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific accounted for the largest market share.

Asia Pacific stands as a key region for the industrial insulation market due to rapid industrialization, urbanization, and infrastructure development. Additionally, countries like China and India are experiencing substantial growth in construction, manufacturing, and energy sectors, driving demand for insulation materials. Along with this, energy efficiency initiatives, coupled with government regulations, promote the use of industrial insulation in this region. Moreover, Asia Pacific is a major consumer of insulation materials in applications ranging from commercial buildings to heavy industries.

Europe boasts a well-established industrial insulation market, driven by stringent energy efficiency regulations and sustainability goals. Additionally, the construction sector in Europe emphasizes green building practices, creating demand for high-performance insulation materials. Furthermore, industrial sectors like automotive, chemical, and manufacturing rely on insulation for process efficiency. Moreover, technological advancements and a focus on reducing carbon emissions are propelling the market growth.

North America is an emerging industrial insulation market with a strong emphasis on energy conservation. The United States and Canada implement strict energy codes and standards, encouraging insulation usage in commercial and industrial applications. Furthermore, the oil and gas industry, particularly in the United States, drives demand for insulation materials in pipelines and refineries. Additionally, innovations in insulation technology, such as smart insulation systems, find applications in this region.

The industrial insulation market in Latin America is influenced by the growing industrial sectors, including mining, construction, and manufacturing. Along with this, the rising awareness of energy efficiency and environmental concerns encourages the adoption of insulation materials. Government initiatives in countries like Brazil and Mexico promote sustainable construction practices, boosting the demand for insulation.

The Middle East and Africa region exhibits significant growth potential for industrial insulation, driven by large-scale infrastructure projects, including oil and gas facilities and power generation plants. Extreme climate conditions necessitate effective insulation in construction, HVAC systems, and industrial installations. Apart from this, oil-rich gulf countries invest in advanced insulation technologies to enhance energy efficiency and operational safety.

Leading Key Players in the Industrial Insulation Industry:

The key players in the market are consistently investing in research and development (R&D) activities to introduce innovative insulation materials and solutions. This includes the development of eco-friendly and energy-efficient insulation materials, aligning with global sustainability trends. Additionally, many major players are expanding their geographical footprint to tap into emerging markets with a growing industrial sector. This includes establishing new manufacturing facilities and distribution networks. They are also forming partnerships with other industry stakeholders, such as construction companies and energy management firms to offer comprehensive insulation solutions and services to clients. Apart from this, they are embracing digital technologies for better project management and client engagement. This includes the use of digital tools for project estimation, monitoring, and maintenance.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Aspen Aerogels Inc.

BASF SE

Bnz Materials Inc.

Cabot Corporation

Compagnie de Saint-Gobain S.A

Ibiden Co. Ltd.

Johns Manville Corporation (Berkshire Hathaway Inc)

Kingspan Group plc

Knauf Insulation

Nichias Corporation

Owens Corning

Rockwool A/S

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

December 09, 2022: Rockwool A/S announced the launch of a new plant in Qingyuan, Guangdong Province, China. The new plant adopts the most advanced electric furnace production line and centrifuge equipment to achieve the production process upgrade and product quality improvement.

January 15, 2020: Owens Corning, an inventor and a leading global producer of fiberglass insulation, announced the launch of a next-generation insulation product made by PureFiber Technology. The product is soft to the touch, has less dust, is easy to use, cut, and split, and is non-combustible as per BS476-part 4.

Key Questions Answered in This Report

  • 1. What was the size of the global industrial insulation market in 2023?
  • 2. What is the expected growth rate of the global industrial insulation market during 2024-2032?
  • 3. What are the key factors driving the global industrial insulation market?
  • 4. What has been the impact of COVID-19 on the global industrial insulation market?
  • 5. What is the breakup of the global industrial insulation market based on the product?
  • 6. What are the key regions in the global industrial insulation market?
  • 7. Who are the key players/companies in the global industrial insulation market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Industrial Insulation Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Blanket
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Board
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Pipe
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Insulation Material

  • 7.1 Mineral Wool
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Fiber Glass
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Foamed Plastics
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Calcium Silicate
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by End Use Industry

  • 8.1 Automotive
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Chemical and Petrochemical
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Construction
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Electrical and Electronics
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Oil and Gas
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Power Generation
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Others
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Aspen Aerogels Inc.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
    • 14.3.2 BASF SE
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Bnz Materials Inc.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Cabot Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Compagnie de Saint-Gobain S.A
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Ibiden Co. Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Johns Manville Corporation (Berkshire Hathaway Inc)
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Kingspan Group plc
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Knauf Insulation
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Nichias Corporation
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Owens Corning
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis
    • 14.3.12 Rockwool A/S
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials