Flexible Insulation Market by Material & Insulation Type - Global Industry Demand 2021
The Flexible Insulation Market Global Industry size was USD 7.77 Billion in 2015 and is projected to reach USD 10.84 Billion by 2021, at a CAGR of 5.54% from 2016 to 2021. In this study, 2015 has been considered the base year, and 2016–2021 the forecast period to estimate the market size of flexible insulation.
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Objectives of the study:
- To analyze and forecast the market size of flexible insulation in terms value and volume
- To define, describe, and segment the global flexible insulation market by material, and insulation type
- To provide detailed information regarding the important factors influencing the growth of the market (drivers, restraints, challenges and opportunities)
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To analyze competitive developments such as expansions, joint ventures, agreements, acquisitions, and new product developments in the global flexible insulation market
- To strategically profile key players and comprehensively analyze their core competencies
Research Methodology:
In this report, market sizes have been derived using both, bottom-up and top-down approaches. First, the market size for material (fiberglass, elastomer and others); insulation type (thermal, acoustic, and electrical) and for various regions (Asia-Pacific, North America, Europe, South America, Middle East & Africa) is identified through both, secondary and primary research. The overall flexible insulation market sizes for various regions and countries have been calculated by adding these individual market sizes. For future growth (CAGRs) trends of flexible insulation, the insulation type–thermal, acoustic and electrical have been analyzed. The secondary resources include annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and so on. Findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives.
Companies producing flexible insulation include Saint-Gobain (France), Armacell International S.A. (Luxembourg), BASF SE (Germany), Johns Manville Corporation (U.S.), Owens Corning (U.S.), Knauf Insulation Inc. (U.S.), Continental AG (Germany), Kingspan Group Plc. (Republic of Ireland), Dow Corning Corporation (U.S.), Superlon Holdings BHD (Malaysia), L'ISOLANTE K-FLEX S.p.A. (Italy), Fletcher Building Ltd. (New Zealand), KCC Corporation (South Korea), Thermaxx Jackets, LLC (U.S.), Beijing New Buildings Materials Co. Ltd. (China), Pacor Inc. (U.S.), Thermaflex International Holding B.V. (Netherlands), Nichias Corporation (Japan), ALP Group (India), ALTANA AG (Germany), Cabot Corporation (U.S.), Aspen Aerogel Inc. (U.S.), Trocellen GmbH (Germany), Aeroflex AG (Switzerland), and Sekisui Pilon Pty Ltd. (Australia).
List of Figures (39 Figures)
Figure 1 Flexible Insulation: Market Segmentation
Figure 2 Flexible Insulation Market: Research Design
Figure 3 Flexible Insulation Market: Data Triangulation
Figure 4 Flexible Insulation Market to Be Driven By Increasing Penetration of Fiberglass 2016-21
Figure 5 Thermal Insulation Segment to Dominate Flexible Insulation Market between 2016 and 2021
Figure 6 Europe Was Largest Flexible Insulation Market in 2015
Figure 7 Growth in Flexible Insulation Market, 2016–2021
Figure 8 Europe Estimated to Be Largest Market for Flexible Insulation between 2016 and 2021
Figure 9 Germany Accounted for Maximum Share of European Flexible Insulation Market in 2015
Figure 10 Asia-Pacific to Be Fastest-Growing Flexible Insulation Market between 2016 and 2021
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