Potato Protein Market Size | Comprehensive Research Study, Development Status, Opportunities, Future Demand, Competitive Landscape and Growth by Forecast 2023

Market Overview:

Potato protein is a high-grade protein concentrate and consists of features such as favorable amino acid profile and low ash levels. Potato proteins have a very good nutritional value, equal to that of the egg. Potato protein concentrate is beneficial for muscle growth and assist to build up energy. It is gaining popularity in supplements and sports nutrition along with high demand in animal nutrition market. Potato isolates and potato concentrates are the two types of potato protein used in various industries.

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Market Forecast:

Potato protein is cost-effective over the animal protein which is gaining traction among the consumers globally. Increasing vegan population is also driving the growth of the market. Moreover, the emulsifying, foaming, and gelling properties of the potato protein isolates makes it an ideal ingredient in the food application.

Potato protein is also used in animal feed to add to their nutritional level which is growing the demand for potato protein market. Moreover, the high nutritive value of potato protein is propelling the market demand among the health-conscious population. However, there may exist some health-related risk factors which must be investigated in detail before potato protein is applied in the food industry as a new source of protein. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 4.8% of potato protein market during the forecast period 2017-2023. 

Downstream analysis:

Based on type, Potato Protein Market Size is segmented into potato protein isolates and potato protein concentrates. The potato protein concentrates segment is anticipated to dominate the market owing to its high application in various industries. However, the potato protein isolates segment is projected to witness substantial growth over the forecast period.

Based on the application, potato protein market is segmented into bakery & confectionery, dairy & frozen desserts, beverages, supplements, snacks, animal nutrition, and others. The animal nutrition segment is witnessed to be dominating the market owing to the high application of potato protein in feed industry of which cattle and swine segment are the major contributors. However, the supplements segment is an emerging segment and is projected to gain steady growth over the forecasted period.

Competitive analysis:

The major players in the potato protein market

• Royal Ingredients Group (the Netherlands)
• Avebe (the Netherlands)
• Kemin Industries, Inc (U.S.)
• Tereos (France)
• Roquette (France)
• Omega Protein (U.S.)
• Emsland Group (Germany)

Regional Analysis:

The global potato protein market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the market followed by North America. High investment by key players on the R&D and technological advancements is propelling the market growth in Europe. High inclination of consumers towards functional food in North America is driving the market for potato protein in this region.

Asia Pacific is projected to be the fastest growing region over the forecasted period. India and China are the major contributors in this region due to growing health awareness and increasing consumption of healthy foods. Latin America is also expected to witness moderate growth over the estimated period in which Brazil is the major contributor followed by Mexico.

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Malt Ingredients Market Size - Analysis, Supply Chain, Global Qualitative Insight, Opportunities, Challenges, Share, Forecast to 2023

Malt Ingredients Market – Overview:

Malt ingredients have witnessed a substantial growth rate over the last few years. The growth of the malt ingredients market is anticipated to be driven by the various factors. Increasing massive growth of alcoholic beverages is expected to be the key factors for the increasing growth for malt ingredients. Among the alcoholic beverages, malt ingredients is used widely in the beer. Increasing beer production in the developing economies in Asia Pacific is expected to fuel the sales of malt ingredients during the forecast period of 2017-2023. Apart from that, innovative products launched by the beer manufacturers are also positively impacting the growth of malt ingredients soon.

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Malt ingredients offer decent flavor, color, sweetness, and low sucrose contents as a result the usage of the product is not restricted to the alcoholic beverages products. Malt ingredients are used massively as a raw material in the bakery products especially for the biscuits and cakes.  Moreover, malt ingredients are used extensively in the infant formula & baby food which in turn accelerates the sales of malt ingredients during the forecast period.

Latest Industry Updates

April 2017 Cargill Incorporated has made a partnership with logistics provider Zuidnatie to transport barley, malt and other products in the manufacturing plant

Feb 2017 Axereal Group has built their new malt processing factory in Ethiopia

Oct 2016 Graincrop Limited has acquired Cryer Malt, the largest supplier of craft brewing ingredients in Australia & New Zealand. The acquisition will aid the organization to upsurge the presence in Australia & New Zealand.

Oct 2016 Soufflet Group acquired the Alwar malt plant in Rajasthan, India to increase the presence in India and other parts of eastern Asia

Global Malt Ingredients Market - Competitive Analysis

Market players in malt ingredients market are emphasizing in the merger & acquisition activities in order to upsurge the product portfolio of the company. Also, the manufacturers are also investing in the malt ingredients processing plant to increase the product portfolio.

The strategic sales plan of malt ingredients manufacturers include use of online channels for marketing. For that, key manufacturers are entering into a collaboration with the online channels in order to reach maximum customers and also to upsurge the brand value of the product. Key players in the malt ingredients market, is inclined to introduce new products in the market or to extend the product line of renowned product. Also, the company promotes their new products on social media in order to reach many customers. This promotional strategy aids to retain the existing the customers and also to acquire new customers. Also, the key manufacturers are focusing in the packaging of the malt ingredients. Today packaging is not only used to increase the shelf life of the product but also it aids to upsurge the brand value of the product.

The key players profiled in malt ingredients are Global Malt Gmbh & Co. KG., Cargill Inc, GrainCorp, Malteurop Group, Boortmalt, Soufflet Group, Ireks GmbH, Muntons PLC, and Simpsons Malt Ltd among many others.

Global Malt Ingredients Market – Segments

Global Malt Ingredients Market Size has been divided into raw material, form, application, and region

Based on Raw Material: Barley, Wheat, Rye, and others

Based on Form: Dried, Fresh, Instant and others

Based on Application: Alcoholic Beverages, Baked Foods, Cereal Products, Confectioneries, Drink Mixes, Pharmaceuticals and others

Based on Region: North America, Europe, Asia Pacific, and Rest of the World

Global Malt Ingredients Market - Regional Analysis

The global Malt Ingredients market is segmented into North America, Europe, Asia Pacific and Rest of the World. Among all the region, Europe is estimated to account for the major market proportion in the year of 2017. The region is estimated to retain its dominance throughout the forecast period of 2017-2023. The major factors responsible for the growth of Europe malt ingredients market are increasing massive growth of alcoholic beverages especially the beer. Among the European countries, Western Europe shows high attractiveness among the manufacturers of malt ingredients due to the huge production of beer. However, Asia Pacific region is projected to expand at a maximum growth rate during the forecast period of 2017-2023. The growth of the malt ingredients market in Asia Pacific region is attributed to the various factors. Increasing massive sales of alcoholic beverages in the developing economies such as China, India is the significant factor for the rising growth of malt ingredients during the forecast period.

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Food Acidulants Market Size - Sales & Revenue, Price, Applications, Competitive Landscape and Better Investment Opportunities Analysis by MRFR

Market Overview:

Food acidulants are either synthetic or natural compounds which are primarily added to food products to restrict food spoilage. They are used to preserve flavor, taste, and other food qualities. Also, food acidulants help in increasing the products shelf-life. It is added to the food products in small quantities as an additive. Food acidulants are experiencing a hefty demand from the beverages industry owing to its multiple uses such as regulation of acidity, which provides sourness to the food products.

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Market Forecast:

The global food acidulants market is increasing due to increased demand for preservatives in foods and beverages industry. Furthermore, increasing awareness regarding the use of acidulants in food products for various benefits such as pH control, acidity regulation, preservation of olfactory properties, and others are likely to boost the growth of the global food acidulants market.

Increased awareness about the food acidulants has raised the bar for quality of food, which, in turn, has increased the market share of food acidulants globally. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of food acidulants in the global market. However, toxicity caused by the consumption of synthetic acidulants present the in food products may hamper the market growth over the review period. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 7.6% of food acidulants market during the forecast period 2017-2023. 

Downstream analysis

The Food Acidulants Market Size is segmented into type, function, and application.

By the type, it is segmented into acetic acid, citric acid, lactic acid, phosphoric acid, malic acid, and others. Among all, citric acid segment holds the major market share.

By the function, it is segmented into acidity regulator, antimicrobial, flavor enhancer, preservative, and others. Among all, the preservative segment is dominating in the market.

By application, it is segmented into beverages, bakery & confectionery, dairy & frozen desserts, oils and fats, meat & poultry, and others. Among all, beverages segment is dominating the market.

Competitive analysis

The major players in food acidulants market

• Cargill Inc. (U.S.)
• Brenntag AG (Germany)
• Archer-Daniels-Midland Company (U.S.)
• Univar Inc. (U.S.)
• Tate & Lyle Plc. (U.K)
• Parchem Trading Ltd. (U.S.)
• Purac Biochem BV (the Netherlands)
• Caremoli S.p.A (Italy)
• Jungbunzlauer Suisse AG (Switzerland)
• Bartek Ingredients Inc. (Canada)

Regional Analysis

The global food acidulants market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the food acidulants market followed by North America. China accounted for higher consumption of food acidulants owing to increasing consumption of food acidulants in food & beverage products. Additionally, consumption of healthy products with enhanced shelf-life in food & beverages is considered to be the key driving factor in this region.

Furthermore, increasing demand for food acidulants in convenience food products in the European countries like the U.S, Canada, and Mexico are likely to boost the growth of the food acidulants market during the assessment period. 

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Foam Insulation Market Size - Research, Competitor Strategy, Industry Trends and Forecast to 2023

Market Overview:

On the basis of the product type, the global foam insulation market is segmented into the polyurethane (PU) foam, polystyrene foam, polyolefin foam, phenolic foam, elastomeric foam, and others. The polyurethane foam insulation is further segmented into spray polyurethane foam (SPF), flexible PU foam, and rigid PU foam. Polystyrene foam insulation is further segmented into expanded polystyrene foam and extruded polystyrene foam.

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The polyurethane foam insulation accounted for the largest share of the global foam insulation market in 2017 due to their several advantages over other types of foam insulations such as its good thermal insulating properties, low moisture-vapor permeability, high resistance to water absorption, relatively high mechanical strength, low density, easy installation, and low cost. SPF insulations held the major market share in 2017 under polyurethane foam insulation category due to their easy application and performance efficiency and are expected to exhibit a significant demand over the forecast period. However, extruded polystyrene foam insulation is expected to showcase rising growth over the forecast period owing to its high R-value retention over the long period of time.

Intended Audience

The global foam insulation market is segmented by product type, end-use industry, and region.

On the basis of the product type, the global Foam Insulation Market Size is segmented into the polyurethane (PU) foam, polystyrene foam, polyolefin foam, phenolic foam, elastomeric foam, and others. The polyurethane foam insulation is further segmented into spray polyurethane foam (SPF), flexible PU foam, and rigid PU foam. Polystyrene foam insulation is further segmented into expanded polystyrene foam and extruded polystyrene foam. The polyurethane foam insulation accounted for the largest share of the global foam insulation market in 2017 due to their several advantages over other types of foam insulations such as its good thermal insulating properties, low moisture-vapor permeability, high resistance to water absorption, relatively high mechanical strength, low density, easy installation, and low cost. SPF insulations held the major market share in 2017 under polyurethane foam insulation category due to their easy application and performance efficiency and are expected to exhibit a significant demand over the forecast period. However, extruded polystyrene foam insulation is expected to showcase rising growth over the forecast period owing to its high R-value retention over the long period of time.

On the basis of end-user industry, the global foam insulation market is segmented into building & construction, transportation, consumer electronics, and others. Building & construction industry accounted for the largest share of the global foam insulation market in 2017 due to the strong demand for thermal insulations in OCED countries to meet the building codes as well as in emerging economies.

• Foam insulation manufacturers
• Traders and distributors of foam insulation
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory

Competitive Analysis

Ø  BASF SE

Ø  Covestro AG

Ø  Lapolla Industries, Inc.

Ø  Huntsman International LLC

Ø  DowDuPont Inc.

Ø  SAFCO Foam Insulation

Ø  CAJUN FOAM INSULATION.

Ø  SAINT-GOBAIN

Ø  EnergyGuard Foam Insulators, LP

Ø  Insulation Northwest

Ø  PUFF INC

Ø  Pittsburgh Foam Insulation

Ø  Owens Corning Commercial Insulation.

Ø  Recticel NV/SA

Ø  Armacell International S.A.

Ø  Johns Manville.

Regional Analysis

The global foam insulation market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.  North America is expected to be the largest market for foam insulations, followed by Europe. Asia Pacific is expected to be the fastest growing market for foam insulations and is expected to show an exponential growth over the forecast period. The Middle East & Africa and Latin America are also expected to exhibit rising demand for foam insulation from the growing construction industry over the forecast period.

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Concrete Fiber Market Size | Analysis, Size, Share, Growth, Trends, and Forecast 2020 – 2023

Market Overview:

Concrete fiber also known as fiber reinforced concrete. It is concrete containing fibrous material which increases its structural integrity. It contains short discrete fibers that are uniformly distributed and randomly oriented. It is made up from concrete, steel fibers, glass fibers and natural fibers. For many applications, it is becoming increasingly popular to reinforce the concrete with small, randomly distributed fibers. Their main purpose is to increase the energy absorption capacity and toughness of the material, but also increase tensile and flexural strength of concrete.

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Concrete reinforced with fibres which are usually steel, glass or “plastic” fibres is less expensive than hand-tied rebar, while still increasing the tensile strength many times. Shape, dimension and length of fibre is important. Fibres are usually used in concrete to control plastic shrinkage cracking and drying shrinkage cracking. They also lower the permeability of concrete and thus reduce bleeding of water. Some types of fibres produce greater impact, abrasion and shatter resistance in concrete. Generally fibres do not increase the flexural strength of concrete, so it cannot replace moment resisting or structural steel reinforcement. Some fibres reduce the strength of concrete. Whereas, major manufacturers based in this region are experiencing various challenges such as, competition from new & existing players, pressure from environmental agencies, demand for substitute and eco-friendly products, and calculating the cost efficiency of the final product.

Accrediting the colossal growth the Concrete fiber market is witnessing currently and the potential the market is demonstrating to accrue pervasively further in the years to come; the Market Research Future has recently published  a meticulous study report giving out the complete market insight up till 2023. According to which, continuing with the same trends the global Concrete fiber market is projected to perceive an outstanding growth by 2023 registering a striking CAGR during the anticipated period (2017 – 2023). 

Key Player:

Ø  BASF SE

Ø  Bekaert SA

Ø  Cemex, ABC Polymer Industries

Ø  Sika AG

Ø  Propex Operating Company, LLC.

Ø  The Euclid Chemical Company

Ø  Fibercon International Inc.

Ø  Nycon Corporation

Concrete fiber Market – Competitive Analysis

Concrete fiber market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include product launch, agreement & partnership, acquisition and expansion. Strategic partnerships between key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. 

Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. Focusing upon the competitive edge, manufacturers strive to develop products that can deliver optimal adhesion, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Manufacturers strive to develop their product portfolio with a wide range of products for flat steels for every application.

Industry Overview:

Increasing demand from developing economies, such as China and India for concrete fibers, and growing population of concrete fibers as compared to other composites are factors that drive the concrete fiber market in the Asia Pacific region. In contrast to this, high operating costs and lack of required R&D investments and technical knowledge are the key restraining factors hampering the market growth.

Concrete fiber Market – Segments

For the convenience of the report and enhanced understanding; The Concrete fiber Market Size is segmented in to 3key dynamics

Segmentation by Type: Synthetic Fiber, Steel Fibers, Glass Fibers and others

Segmentation by Application: Construction, Industrial, Road industry and other

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Concrete fiber Market – Regional Analysis

The global Concrete fiber market by region has been segmented into North America, Europe, Asia-Pacific and Rest of the world. This market has seen a substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period. Among the regions covered, Asia-Pacific has accounted the largest market for Concrete fiber market followed by Europe and North America. China leads the concrete fiber market, rise in construction activities due to an increase in population has aided China and other developing economies. 

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Ceramic Fiber Paper Market Size, Share, Growth, Trends, and Forecast 2020 – 2023

Market Overview:

Asia-Pacific, North America, Europe, and Rest of World are the regions analyzed under the scope of the report.

The emergence of China as a global manufacturing hub is one of the major factors supporting the growth of the ceramic fiber paper market in Asia-Pacific. China and India account for significant shares of the manufacturing sector. Rapid industrialization combined with economic growth is driving the growth of the regional market. However, there is a lack of awareness regarding insulation through ceramic fiber paper in some countries in the region. The market in Asia-Pacific was valued at USD 162.7 million in 2018 and the Indian market is expected to register the highest growth rate during the forecast period.

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The growth of the North American market is driven by the growing renovation & construction, expanding aerospace & defense and automotive industries in the region. The US is projected to be the dominant market registering the highest CAGR of over 8% during the period, 2019–2026. As per MRFR analysis, the growing preference for energy-efficient products and services is expected to drive the demand for ceramic fiber paper in the region.

The European countries such as France, Spain, and Italy are likely to showcase prominent growth in the coming years. The European Union has set several regulations on carbon emissions influenced by rising awareness of insulation and its benefits on energy-saving operations including in the petrochemicals industry. The regional market is set to grow due to the expansion of several industries such as real estate, aviation, and automotive.

The demand for Ceramic Fiber Paper Market Size is likely to rise in South America, especially in Brazil and Argentina in the coming years. Improving economies in these countries has provided the scope for market players to increase their presence in the region. However, the dependency on raw materials in the Middle East & Africa is a key factor for the sluggish growth of the regional market. The large-scale oil & gas extraction and production and growing construction industry are expected to drive the demand for ceramic fiber paper in the region. As per MRFR analysis, government initiatives to boost the tourism industry is resulting in significant investments, are expected to fuel the regional market growth during the forecast period.

Competitive Dashboard:

·         Morgan Advanced Materials

·         Rath-Group

·         Unifrax I LLC

·         Lydall, Inc

·         Thermostat Thermotech Co., Ltd

·         Great Lakes Textiles

·         Ibiden Co. Ltd

·         Yeso Insulating Products Company Limited

·         Grupo Nutec, SA

·         KT Refractories US Company

Segmental Analysis:

The global ceramic fiber paper market has been segmented by thickness type, application, and region.

Based on thickness type, the global ceramic fiber paper market has been segmented into 1 mm, 2 mm, 3 mm, and others.

By application, the global ceramic fiber paper market has been categorized into construction, aerospace, petrochemical, automotive, and others.

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Caustic Soda Market Size | Share, Sourcing Strategy, Downstream Buyers, Industry Size, Segmentation Analysis and Global Forecast to 2027

Market Insights:

Caustic soda is used to produce several products across several industry verticals. Its proliferating application across end-user industries is expected to boost the sales of the chemical in the upcoming years. According to the latest study conducted by Market Research Future (MRFR), the global caustic soda market is expected to reach a valuation of USD 56687.66 Mn by the end of 2027. The report underscores that the caustic soda market is anticipated to exhibit a moderate CAGR of 5.92% during the assessment period 2017 to 2027.

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The alumina industry has been projected to signify exceptional developmental opportunities on account of increasing demand from the automotive industry. The rising government implementations supporting the use of alumina to produce lightweight and energy efficient automotive components is expected to favor the growth of the industry. Caustic soda is used and heated in massive amounts in these alumina facilities. This, in turn, is projected to catapult the caustic soda market on an upward trajectory. Similarly, the increasing demand for caustic soda from different domains such as pulp & paper, textiles, industrial chemicals, etc. is likely to drive market growth.

Lye for soap making comes from caustic soda. This is another major end product that is expected to generate demand for the product across the review period. The towering demand for products that use caustic soda as a key ingredient is poised to boost the growth pattern of the market in the years to come. However, caustic soda price lowers profit margin for the market players which is expected to check the growth over the assessment period.

Market Segmentation:

By type, the global Caustic Soda Market Size has been segmented into lye, flake, and others.

By application, the caustic soda market has been segmented into inorganic chemical, alumina, soap & detergents, organic chemical, pulp & paper, textiles, dye & ink, water treatment, and others.

Competitive Dashboard:

·         The Dow Chemical Company

·         Xinjiang Zhongtai Chemical Co.

·         Tata Chemicals Limited

·         AkzoNobel N.V

·         Solvay S.A

·         Olin Corporation

·         Formosa Plastics Group

·         Gujarat Alkalies and Chemicals

·         Westlake Chemical Corporation

Industry News:

In January 2019, Emirates Global Aluminium, an industrial company in the UAE, has announced that its new Al Taweelah alumina refinery has entered its final stages. EGA has started water testing of the digestion section which involves heating of the heating of a slurry of crushed bauxite and caustic soda.

In November 2018, Serba Dinamik Group Berhad company, based out of Malaysia, has planned the construction of caustic soda plant in Uzbekistan USD 250 Mn. An investment agreement is signed in April.

In August 2018, a wholly owned subsidiary of Shin-Etsu Chemical Co., Ltd., Shintech Inc., has chosen Veolia Water Technologies to supply of HPD salt crystallizer and caustic soda concentration systems for the expansion of the production facility in Plaquemine, Louisiana.

Regional Analysis:

The global caustic soda market, by region, has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is expected to account for the largest share of the market reflecting a comparatively higher CAGR of 6.22% between 2017 and 2027. The growth of the end-user industries is poised to augment the caustic soda market in the region over the next few years. The region signifies remarkable developmental opportunities owing to the presence of a thriving automotive industry. Also, the exceptional growth of the Chinese economy is likely to have a positive impact on the expansion of the caustic soda market in the foreseeable future. North America is also projected to observe rising consumption of caustic soda in the forthcoming years. It is poised to accelerate revenue creation for the players of the caustic soda market in the region.

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Carborundum Market Size - Trends Opportunities, Up-to-date Development Data and Global Research Insight 2020-2023

Market Overview:

Growing electrical & electronics industry is the prime factor propelling the growth of the carborundum market. The product consumption is increasing in a wide range of electronics applications such as kiln furniture, process components, electrical field grading, and surge protection due to its superior properties such as chemical inertness, thermal shock resistance, abrasion hardness, and sinterability. 

The product use is increasing in the automotive industry owing to the high density, excellent oxidation resistance, chemical inertness, high strength, and high thermal shock resistance. Carborundum is used in numerous automobile applications including bearing & wear parts, brake pads, abrasives, and diesel particulate filters, among others. Flourishing automotive industry in the developing countries is fueling the product demand. Additionally, growing demand for electric vehicles due to less carbon emission is likely to drive the market growth at a significant rate in the coming years.

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Key Players

• Gaddis Engineered Materials
• ESK-SIC GmbH
• ESD-SIC
• AGSCO Corporation
• Xiamen Powerway Advanced Material Company Limited
• The Dow Chemical Company
• Timcal Ltd
• Grindwell Norton Ltd
• Saint-Gobain Ceramics Materials GmbH
• Entegris Inc
• Snam Abrasives Pvt Ltd
• Norstel AB
• Carborundum Universal Ltd

Market Segmentation

Global Carborundum Market report has been segmented on various categories. These include types of Carborundum, applications and on the basis of geography.

On the basis of types Carborundum has been segmented as:

• Black SiC,
• Green SiC,
• Others which includes- metallurgical SiC, Coated SiC, SiC micro grit, refractory SiC.

On the basis of application the global Carborundum market report has been segmented into-

• Electronics & semiconductors,
• Aerospace & aviation,
• Medical & healthcare,
• Automotive,
• Steel & energy and
• Others which includes fabrications chemicals Jewelry etc

On the basis of geography, this report covers the detailed analysis of Asia-Pacific, Europe, Americas and MEA.

Scope of the Report

This market research report covers the Global Carborundum Market research report on the basis of country analysis:

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Building Thermal Insulation Market Size - Trend, Market Price, Industry Growth, Leading Player And Region – Forecast To 2025

Market Insights

According to Market Research Future Reports, the global building thermal insulation market is set to proliferate at a higher CAGR from 2016 to 2025.

Thermal insulation is referred to as a method which helps in reducing heat transfer between adjacent environments and maintains an ambient temperature indoors. Building thermal insulation in buildings contributes to reduce the carbon footprint as well as maintain the temperature and confines the heat to the external environment. Eventually, thermally insulated homes and buildings are less affected by external environmental temperature. By having such immense properties, the global building thermal insulation market is on the verge of expansion at a higher CAGR during the forecast period.

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Drivers & Trends

The Global Building Thermal Insulation Market is driven by factors such as the increasing costs of energy and raising awareness concerning energy conservation. These are some of the key factors that are escalating the building thermal insulation market size phenomenally. Various government bodies, across the globe, are trying to initiate regulations and policies in support of the demand for insulation in commercial buildings, which eventually are expected to drive growth in the building thermal insulation market.

More factors regarding the proliferation of the building thermal insulation market are high energy saving, reduced carbon footprints, and easy product availability is the key one that is continually fueling building thermal insulation market. By the help of heat insulation in buildings, heat loss occurs in building through the walls, roofs, and floors with accounting for more than 70 percent. More benefits such as room temperature maintenance at minimum possible energy consumption, thus increasing product penetration will stimulate the global building thermal insulation market in positive ways.

On the other hand, increasing concerns related to the environment are also expected to prove to be a key opportunity for the growth of building thermal insulation market during the forecast period. Apart from this, some variations in color, texture, surface finish, etc., in thermal insulation materials also vary in performance. Even though the specification of material is mostly dependent upon the nature of the application, it is essential for manufacturers and contractors to study the external factors which are likely to influence the final installation decision. This importance is making the market to expand at an exponential rate, especially in the developed regions.

Key Players

·         Knauf Insulation

·         Rockwool International A/S

·         Johns Manville Inc.

·         Atlas Roofing Corporation

·         BASF SE

·         Owens Corning Corporation

·         Certain Teed Corporation

·         Dow Building solutions

·         Paroc Group

·         Huntsman International LLC

·         Saint-Gobain Group

·         Johns Manville Inc.

·         Knauf Insulation GmbH

·         GAF Material Corporation

·         Beijing New Building Material Co. Ltd.

·         Kingspan Group Plc

Market Segmentation:

In the reports of Market Research Future Reports, the Global Building Thermal Insulation Market has been segmented based on material, application, end-use, and region. 

By the mode of material, the market is segmented as fiberglass, mineral wool, PU Foam, and others.

By the mode of application, the market is segmented as residential, commercial, and others.

By the mode of end-use, the market is segmented as roofs, walls, and floors.

Regional Outlook:

On the geographical note, the global building thermal insulation has covered the main regions of North America, Europe, APAC, and Rest of the World.

Among all, North America is expected to proliferate rapidly by 2021 for building thermal insulation market where the share is attributed to the increased government support in the form of rebate and other tax benefits to the construction companies.

However, the Asia Pacific region is a growing market for global building thermal insulation with its fast-growing market over the forecast period. This region is expected to display rapid economic and infrastructural growth owing to many investments in countries such as China and India. Hence the construction sector is growing. The influx of foreign investment in India is also augmenting the market for building thermal insulation market and will do in the years to come.

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