OEM Insulation Market size is projected to reach USD 14.62 billion by 2021, registering a CAGR of 5.83% between 2016 and 2021. The market is witnessing a moderate growth owing to the increasing applications, technological advancements, and growing demands for OEM insulation in Asia-Pacific and the Middle East & Africa. OEM insulation is largely used in the industrial sector.
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Foamed plastics are projected to witness the highest growth in the OEM insulation market. Foamed plastics insulation will continue to account for the largest portion of total demand, in terms of volume.
Economic expansion in the developing countries of Asia-Pacific will raise demand for foamed plastic insulation in both building & construction and in the production of household appliances.
Foamed plastic insulation can be applied with various types of structural materials, including stone, brick, and masonry. Foamed plastics can also be used in sandwich panels with metal skins.
1 Attractive Opportunities in OEM Insulation Market
2 OEM Insulation Market: By Insulation Material Type
3 OEM Insulation Market in Asia-Pacific
4 OEM Insulation Market Share, By Region
5 OEM Insulation Market: Top-5 Countries
6 OEM Insulation Market Attractivenss, By End Use (2021)
7 Life Cycle Analysis, By Region
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Asia-Pacific accounted for the largest share in the OEM insulation market in 2015. Commercial and domestic buildings represent the bulk demand for OEM insulation materials in Asia-Pacific.
In China, South Korea, and to a lesser extent, Japan, where the use of OEM insulation materials is more widespread, the rising awareness with regard to the benefits of insulation to achieve energy efficient buildings, together with rising energy prices, are increasing the importance of OEM insulation materials in the construction industry. In the other countries, there is a lack of legislation for OEM insulation and building standards, further explaining the low levels of consumption.
The major companies profiled in this report include Saint-Gobain S.A. (France), Rockwool International A/S (Denmark), Johns Manville Corporation (U.S.), Knauf Insulation (U.S.), Owens Corning Corp. (U.S.), Paroc (Finland), The 3M Company (U.S.), Aspen Aerogels Inc. (U.S.), E.I. du Pont de Nemours and Company (U.S.), Armacell International S.A. (Germany), Autex Industries Ltd. (New Zealand), Anco Products Inc. (U.S.), Big Sky Insulations (U.S.), Triumph Group Inc. (U.S.), Morgan Advanced Materials (U.K.), Superglass Insulation Ltd., (U.K.), ACH Foam Technologies LLC (U.S.), Demilec Inc. (Canada), Scott Industries LLC (U.S.).
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
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