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Flexible Insulation - Global Market Trajectory & Analytics

  • ID: 4804905
  • Report
  • April 2021
  • Region: Global
  • 286 pages
  • Global Industry Analysts, Inc
Global Flexible Insulation Market to Reach $12.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Flexible Insulation estimated at US$9.3 Billion in the year 2020, is projected to reach a revised size of US$12.2 Billion by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027. Fiberglass, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$5.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Elastomer segment is readjusted to a revised 4.1% CAGR for the next 7-year period.



The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 7% CAGR

The Flexible Insulation market in the U.S. is estimated at US$2.5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Aerogel Segment to Record 3.5% CAGR

In the global Aerogel segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.4 Billion in the year 2020 will reach a projected size of US$1.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2027, while Latin America will expand at a 4.4% CAGR through the analysis period.

Select Competitors (Total 46 Featured):
  • ALP Group
  • Altana AG
  • Aspen Aerogels, Inc.
  • BASF SE
  • Beijing New Building Material (Group) Co., Ltd.
  • Cabot Corporation
  • Continental AG
  • Dow Corning Corporation
  • Fletcher Building Limited
  • Johns Manville Corporation
  • KCC Corporation
  • Kingspan Group PLC
  • L'ISOLANTE K-FLEX SpA
  • Nichia Corporation
  • Owens Corning
  • Pacor, Inc.
  • Saint-Gobain SA
  • Thermaflex International Holding B.V.
  • Thermaxx Jackets, LLC.
  • TROCELLEN GmbH
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Market Primer
  • Advanced Thermal Properties Propel Demand in Thermal Insulation Market
  • Need for Weatherproofing Drives the Floor Thermal Insulation Market
  • Need for Noise Free Environments Drive the Acoustic Insulation Market
  • Demand from Thermal insulation Market Drives the Flexible Foam Insulation Industry
  • Rapid Growth in Infrastructure Leads to Rise in Demand for Electrical Insulation
  • Increasing Use from Multitude of Applications Drive Growth in the Fiberglass Insulation Market
  • INNOVATIONS AND ADVANCEMENTS
  • Innovative Building Insulation Material, Cavipor®, from BASF
  • Flexible Elastomeric Foam for Thermal and Sound Insulation from Aerofoam
  • Anisotropic, Thermally Insulating Material for Thermal Insulation Applications
  • Impact of Covid-19 and a Looming Global Recession
  • Thermal Regulation for Existing Buildings in France
  • UK: Thermal Insulation Regulations for Buildings
  • EPC Legislation Changes for Minimum Energy Efficiency Standards in UK
  • Legal Obligations for Thermal Insulation in Belgium
  • Insulation Regulations for Rental Homes in New Zealand
  • Building Insulation: Environmental Considerations
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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