This report by Future Market Insights (FMI) examines the ‘Global Thermal Insulation Material Market’ for the period, 2015 – 2020. The primary objective of the report is to offer updates and invaluable insights on thermal insulation material market globally. Demand for thermal insulation material in Asia and Middle East Asia & Africa is anticipated to witness substantial growth, accounting for around 40% market share.
Thermal insulation materials are used to restrict flow of heat energy from high temperature to low temperature. Thermal insulation material is used in almost every industry in order to decrease energy consumption and to maintain desired temperature in an area. Thermal insulation materials are primarily used in the construction industry. Globally, buildings account for one-third of the total energy consumed, of which approximately 50% is utilised in heating and cooling of a building. The construction industry mainly uses thermal insulation material to maintain ambient temperature, i.e. 1°C to 100°C.
The report is split into three sections namely material types, temperature range and regions in order to understand and assess the opportunities in this market and analyse the global thermal insulation material market in terms of value (US$ Mn).
The report starts with an introduction of thermal insulation material along with its historical background, followed by an overview of construction sector output across the globe. In the same section, FMI covers thermal insulation material market revenue and value chain analysis. In addition, this section also includes FMI’s analyses of key trends, drivers and restraints from the supply and demand perspective.
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The subsequent section analyses the global market for thermal insulation material on the basis of material types, temperature range and geography for the forecast period 2015 – 2020.
The material types covered in the report are:
• Stone Wool
• Fibre Glass
• Plastic Foam
• Other Thermal Insulation Material
After having covered the product type based segments in the above section, the report, in its next section focuses on segmenting and analyzing the market on the basis of temperature range.
The temperature range covered in the report include:
• −160?C to −50? C
• −49? C to 0? C
• 1? C to 100? C
• 101? C to 650? C
Last segmentation covered in the report is on the basis of geography.
The various regions covered in the report include:
• Asia Pacific
• North America
• Western Europe
• Latin America
• Eastern Europe
• Japan
• Middle East & Africa
The data points such as regional split and market split by material types and temperature range and qualitative inputs from primary respondents have been incorporated to arrive at approximate market estimates. The forecast presented here assesses total revenue of the thermal insulation material market. When analyzing the market, the starting point is current market sizing and study of past trends, which forms the basis to forecast how the market is likely to perform in the near future. Given the characteristics of the market, we have triangulated the outcome based on analysis of the supply side, demand side and dynamics of the thermal insulation material market. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the global thermal insulation material market.
As previously highlighted, the market for thermal insulation material globally is split into various categories based on region, material type and temperature range. All these segments or categories have been analysed in terms of Basis Point Share (BPS) to understand individual segments’ relative contribution to growth. This detailed level of information is important for identification of various key trends in the global thermal insulation material market.
Also, another key feature of this report is the analysis of the global thermal insulation material market by regions, material type and applications in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global thermal insulation material market.
Furthermore, to understand key growth segments in terms of growth & performance of the thermal insulation material market, Future Market Insights has developed a market attractiveness index. The resulting index should help providers identify realistic market opportunities.
The last section of the global thermal insulation material market report provides detailed profiles of key industry players in order to evaluate their long-term and short-term strategies, key offerings and recent developments in the thermal insulation material market.
Some market players featured in the section include:
• Saint Gobain S.A.
• Kingspan Group
• Dow Chemicals Company
• Asahi Kasei Corporation
• BASF SE
• Owens Corning
• Bayer AG
• E. I. du Pont de Nemours and Company
• Rockwool International
• Berkshire Hathaway
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