Industrial Insulation Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 167 SKU: IRTNTR77374

Industrial Insulation Market 2024-2028

The industrial insulation market size is forecast to increase by USD 2.38 billion, at a CAGR of 5.38% between 2023 and 2028. The growth rate of the market depends on several factors growing need for energy efficiency in buildings, a rising focus on personnel safety in the industrial sector, and an increase in the popularity of acoustic insulation solutions. Our report examines historical data from 2018-2022, besides analyzing the current and forecasted market scenario.

The industrial insulation market in APAC is driven by robust infrastructure development, particularly in China, a global manufacturing hub. The surge in construction projects contributes significantly to the increased consumption of insulation products in the region. Key players like API Group Corp and Armacell International SA offer innovative industrial insulation solutions, including cryogenic LNG tank insulation and aerogel-based insulation technology (ArmaGel), further supporting market growth.

Market Forecasting and Size

Market Forecast 2024-2028

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Market Dynamic

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Driver- Growing need for energy efficiency in buildings

The need to enhance the energy efficiency of buildings is an important factor that drives the growth of them arket. Energy demand in commercial and residential buildings, which deploy refrigerators and air-conditioners, contributes significantly to global energy consumption. Insulation materials are used to reduce the leakage of energy and thereby increase the efficiency of a building. The cost of energy is increasing globally, and governments are stressing the need to use products that consume less energy. Insulation can help reduce the dependence on fossil fuels for power generation, thereby minimizing the environmental negative impact associated with their emissions.

Moreover, new residential buildings that use energy-efficient technologies for thermal insulation use only 10% of the energy consumed by older buildings, which deploy inefficient technology for thermal insulation. Therefore, the growing need for energy efficiency in buildings will positively impact the growth of the market during the forecast period.

Trends - Integration of smart technologies and digitalization in insulation systems

The integration of smart technologies and digitalization in insulation systems within the market represents a significant advancement in the industry. These innovations aim to enhance energy efficiency, improve cost-effectiveness, and optimize performance in industrial settings. One example of this integration is the utilization of smart sensors in insulation systems. These sensors are designed to monitor and collect data on temperature, humidity, and other relevant variables. By leveraging this data, industrial facilities can gain real-time insights into the performance of their insulation systems. This proactive approach enables the early detection of potential issues, leading to timely maintenance and preventing energy loss. In addition to smart sensors, digitalization plays a crucial role in the advancement of industrial insulation.

Furthermore, smart insulation materials have emerged as a result of technological integration. These materials are embedded with advanced features such as self-healing capabilities and adaptive thermal properties. For example, phase change materials (PCMs) are being incorporated into insulation solutions to leverage their ability to store and release energy, maintaining stable interior temperatures and reducing reliance on continuous heating or cooling systems. Thus, such factors are expected to fuel the growth of the market during the forecast period.

Challenge - Increase in popularity of acoustic insulation solutions

The market has been adversely affected by the lack of technical expertise and installation challenges, impacting various facets of the industry. One significant impact stemming from the lack of technical expertise is the compromised quality of insulation installations. Without the necessary knowledge and skills, installations are prone to errors and subpar workmanship. Furthermore, the absence of technical proficiency has led to safety concerns within the industrial sector. Improperly installed insulation can pose fire hazards or fail to meet safety regulations, jeopardizing the well-being of workers and the integrity of industrial operations.

Similarly, installation challenges, such as access constraints and complex industrial environments, have compounded the negative impact. Industrial facilities often present intricate layouts and hard-to-reach areas, increasing the complexity of insulation installations. This has led to project delays, cost overruns, and logistical complications for industrial insulation contractors. Thus, such factors are expected to hinder the growth of the market during the forecast period.

Market Segmentation by Application, Material and Geography

Application Segment Analysis

The market share growth by the petrochemical and refineries segment will be significant during the forecast period. This segment involves the insulation of various equipment, piping, and processing units in petrochemical plants and refineries to ensure operational efficiency, safety, and environmental compliance. One of the key drivers of industrial insulation in the petrochemical and refineries segment is the need to maintain optimal operating temperatures.

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The petrochemical and refineries segment was the largest and was valued at USD 2.23 billion in 2018. Furthermore, the petrochemical and refineries segment heavily depends on insulation to mitigate corrosion under insulation (CUI) issues. CUI can cause significant damage to steel equipment and piping systems, leading to operational disruptions and maintenance challenges. Insulation systems with proper protective coatings and corrosion-resistant materials are essential for preventing CUI and extending the service life of critical assets. Thus, the above-mentioned advantages are expected to increase the demand for industrial insulation in the petrochemical and refineries sector, which will propel the growth of the petrochemical and refineries segment in the global market during the forecast period.

Material Segment Analysis

Based on the material, the market has been segmented into mineral wool, plastic foam, calcium silicate, and others. The mineral wool?segment will account for the largest share of this segment. Mineral wool, which includes materials such as rock wool and slag wool, is valued for its thermal insulation properties, fire resistance, acoustic insulation, and robustness in challenging industrial environments. One of the key drivers of the mineral wool segment in the industrial insulation market is its exceptional thermal insulation capabilities. Mineral wool products are extensively utilized in industrial settings to insulate equipment, piping systems, boilers, tanks, and industrial ovens. Thus, such advantages are expected to increase the demand for mineral wool in industrial insulation, which will propel the growth of the mineral wool segment in the global market during the forecast period.

Regional Analysis

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APAC is estimated to contribute 43% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. China has become a major producer and consumer of insulation material. Additionally, an increasingly responsive customer base has driven manufacturing bases to shift from Western Europe and North America to APAC, accelerating the growth of the market in APAC. The growth in the market in APAC is primarily driven by demand from the building and construction industry. The growth in the construction sector is expected to accelerate during the forecast period. China, Japan, India, and South Korea are the largest consumers of insulation materials in the region. 

In addition, the growing e-commerce industry in APAC will drive the use of insulation in the packaging of heavy goods. Also, investments of vendors in the market in countries such as China in the region will boost the growth of the regional market during the forecast period. For instance, in June 2023, BASF SE (BASF) announced the plan to increase its bio-based alkyl polyglucosides (APG) capacity in Bangpakong, Thailand, and Cincinnati, Ohio. Thus, these factors will, in turn, boost the growth of the regional market during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aspen Aerogels Inc - The company offers industrial insulation such as Pyrogel and Cryogel aerogel insulation.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including API Group Corp., Armacell International SA, Aspen Aerogels Inc., BASF SE, BNZ Materials, Cabot Corp., Compagnie de Saint Gobain, Dongsung Finetec, DUNA Corradini S.p.A., Ibiden Co. Ltd., Imerys S.A., Kingspan Group Plc, Knauf Digital GmbH, L ISOLANTE K FLEX S.p.A., Morgan Advanced Materials Plc, NICHIAS Corp., Owens Corning, Pacor Inc., Rath Aktiengesellschaft, and NMC International SA 

Technavio market report forecast is an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis. 

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook
    • Petrochemical and refineries
    • Power generation
    • LNP and LGP
    • Others
  • Material Outlook 
    • Mineral wool
    • Plastic foam
    • Calcium silicate
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Industrial Insulation Market Scope

Report Coverage

Details

Page number

167

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.38%

Market Growth 2024-2028

USD 2.38 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.85

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 43%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

API Group Corp., Armacell International SA, Aspen Aerogels Inc., BASF SE, BNZ Materials, Cabot Corp., Compagnie de Saint Gobain, Dongsung Finetec, DUNA Corradini S.p.A., Ibiden Co. Ltd., Imerys S.A., Kingspan Group Plc, Knauf Digital GmbH, L ISOLANTE K FLEX S.p.A., Morgan Advanced Materials Plc, NICHIAS Corp., Owens Corning, Pacor Inc., Rath Aktiengesellschaft, and NMC International SA

Market dynamics

Parent market growth analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Industrial Insulation Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Material
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global industrial insulation market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global industrial insulation market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Material Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Material Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Petrochemical and refineries - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Petrochemical and refineries - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Petrochemical and refineries - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Petrochemical and refineries - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Petrochemical and refineries - Year-over-year growth 2023-2028 (%)
    • 6.4 Power generation - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Power generation - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
    • 6.5 LNP and LGP - Market size and forecast 2023-2028
      • Exhibit 42: Chart on LNP and LGP - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on LNP and LGP - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on LNP and LGP - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on LNP and LGP - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Material

    • 7.1 Market segments
      • Exhibit 52: Chart on Material - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Material - Market share 2023-2028 (%)
    • 7.2 Comparison by Material
      • Exhibit 54: Chart on Comparison by Material
      • Exhibit 55: Data Table on Comparison by Material
    • 7.3 Mineral wool - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Mineral wool - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Mineral wool - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Mineral wool - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Mineral wool - Year-over-year growth 2023-2028 (%)
    • 7.4 Plastic foam - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Plastic foam - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Plastic foam - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Plastic foam - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Plastic foam - Year-over-year growth 2023-2028 (%)
    • 7.5 Calcium silicate - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Calcium silicate - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Calcium silicate - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Calcium silicate - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Calcium silicate - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Material
      • Exhibit 72: Market opportunity by Material ($ billion)
      • Exhibit 73: Data Table on Market opportunity by Material ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 115: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 116: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 117: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 API Group Corp.
              • Exhibit 127: API Group Corp. - Overview
              • Exhibit 128: API Group Corp. - Business segments
              • Exhibit 129: API Group Corp. - Key offerings
              • Exhibit 130: API Group Corp. - Segment focus
            • 12.4 Armacell International SA
              • Exhibit 131: Armacell International SA - Overview
              • Exhibit 132: Armacell International SA - Business segments
              • Exhibit 133: Armacell International SA - Key news
              • Exhibit 134: Armacell International SA - Key offerings
              • Exhibit 135: Armacell International SA - Segment focus
            • 12.5 Aspen Aerogels Inc.
              • Exhibit 136: Aspen Aerogels Inc. - Overview
              • Exhibit 137: Aspen Aerogels Inc. - Business segments
              • Exhibit 138: Aspen Aerogels Inc. - Key offerings
              • Exhibit 139: Aspen Aerogels Inc. - Segment focus
            • 12.6 BASF SE
              • Exhibit 140: BASF SE - Overview
              • Exhibit 141: BASF SE - Business segments
              • Exhibit 142: BASF SE - Key news
              • Exhibit 143: BASF SE - Key offerings
              • Exhibit 144: BASF SE - Segment focus
            • 12.7 BNZ Materials
              • Exhibit 145: BNZ Materials - Overview
              • Exhibit 146: BNZ Materials - Product / Service
              • Exhibit 147: BNZ Materials - Key offerings
            • 12.8 Cabot Corp.
              • Exhibit 148: Cabot Corp. - Overview
              • Exhibit 149: Cabot Corp. - Business segments
              • Exhibit 150: Cabot Corp. - Key offerings
              • Exhibit 151: Cabot Corp. - Segment focus
            • 12.9 Compagnie de Saint Gobain
              • Exhibit 152: Compagnie de Saint Gobain - Overview
              • Exhibit 153: Compagnie de Saint Gobain - Business segments
              • Exhibit 154: Compagnie de Saint Gobain - Key news
              • Exhibit 155: Compagnie de Saint Gobain - Key offerings
              • Exhibit 156: Compagnie de Saint Gobain - Segment focus
            • 12.10 Dongsung Finetec
              • Exhibit 157: Dongsung Finetec - Overview
              • Exhibit 158: Dongsung Finetec - Product / Service
              • Exhibit 159: Dongsung Finetec - Key offerings
            • 12.11 DUNA Corradini S.p.A.
              • Exhibit 160: DUNA Corradini S.p.A. - Overview
              • Exhibit 161: DUNA Corradini S.p.A. - Product / Service
              • Exhibit 162: DUNA Corradini S.p.A. - Key offerings
            • 12.12 Ibiden Co. Ltd.
              • Exhibit 163: Ibiden Co. Ltd. - Overview
              • Exhibit 164: Ibiden Co. Ltd. - Business segments
              • Exhibit 165: Ibiden Co. Ltd. - Key offerings
              • Exhibit 166: Ibiden Co. Ltd. - Segment focus
            • 12.13 Imerys S.A.
              • Exhibit 167: Imerys S.A. - Overview
              • Exhibit 168: Imerys S.A. - Business segments
              • Exhibit 169: Imerys S.A. - Key offerings
              • Exhibit 170: Imerys S.A. - Segment focus
            • 12.14 Kingspan Group Plc
              • Exhibit 171: Kingspan Group Plc - Overview
              • Exhibit 172: Kingspan Group Plc - Business segments
              • Exhibit 173: Kingspan Group Plc - Key news
              • Exhibit 174: Kingspan Group Plc - Key offerings
              • Exhibit 175: Kingspan Group Plc - Segment focus
            • 12.15 Knauf Digital GmbH
              • Exhibit 176: Knauf Digital GmbH - Overview
              • Exhibit 177: Knauf Digital GmbH - Product / Service
              • Exhibit 178: Knauf Digital GmbH - Key offerings
            • 12.16 L ISOLANTE K FLEX S.p.A.
              • Exhibit 179: L ISOLANTE K FLEX S.p.A. - Overview
              • Exhibit 180: L ISOLANTE K FLEX S.p.A. - Product / Service
              • Exhibit 181: L ISOLANTE K FLEX S.p.A. - Key offerings
            • 12.17 Morgan Advanced Materials Plc
              • Exhibit 182: Morgan Advanced Materials Plc - Overview
              • Exhibit 183: Morgan Advanced Materials Plc - Business segments
              • Exhibit 184: Morgan Advanced Materials Plc - Key offerings
              • Exhibit 185: Morgan Advanced Materials Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 186: Inclusions checklist
                • Exhibit 187: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 188: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 189: Research methodology
                • Exhibit 190: Validation techniques employed for market sizing
                • Exhibit 191: Information sources
              • 13.5 List of abbreviations
                • Exhibit 192: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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