Packaging / Roof Insulation Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players BASF, Johns Manville (Berkshire Hathaway), ROCKWOOL
Roof Insulation Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players BASF, Johns Manville (Berkshire Hathaway), ROCKWOOL
The Global Roof Insulation Market is projected to reach USD 10.85 billion by 2021, at a CAGR of 6.3% from 2022 to 2027
Roof Insulation Market Overview
Roof insulation is employed to avoid the transmission of electricity, humidity, heat, noise, and shock from one environment to another. It helps decrease noise pollution, increases comfort, reduces energy costs and maintains a healthy environment. Insulation has become an important part of roof meeting and works in agreement with the structural deck and membrane.
It keeps the home warmer in winter and cooler in summer, reduces gas and electricity bills, reduces outside noise, and helps reduce carbon footprint. The In residential and commercial applications, the roof insulation industry surpasses call by providing vital benefits such as noise suppression, reducing carbon footprint and electricity and gas bills, and maintaining the wanted room temperature during warmer and colder seasons. Today, lining is an important part of roof meetings and must function in agreement with structural membranes and coverings.
Recent Development
BASF to expand its production capacity of Ultramid® polyamide in Panoli, Gujarat
March 7, 2022 - BASF India Limited will expand the production capacity of its Ultramid® polyamide grades to meet increasing market demand. The increased capacity at BASF’s production site in Panoli, Gujarat, will be available in Q4 2022.
“The additional capacity reaffirms our dedication to being our customers’ supplier of choice for polyamides and will help us meet the rapidly growing demand for our Ultramid polyamide grades in India. It will accordingly shorten local delivery times and help us to better meet the just-in-time needs of original equipment manufacturers (OEMs),” said Andy Postlethwaite, Senior Vice President, Performance Materials Asia Pacific, BASF.
Who are the Major Players in the Roof Insulation Market?
The Roof Insulation Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, the prices they charge. These are the main players in this market includes BASF, Johns Manville (Berkshire Hathaway), ROCKWOOL, Paroc, Kingspan, Owens Corning, Knauf Insulation, Saint-Gobain, GAF, Jiangsu Wonewsun, Asia Cuanon and Others.
What are the major Applications, Types, and Regions for the Roof Insulation Market?
By Type, it is segmented into
Glass Wool
Rock Wool
Foam
Others
By Applications, it is segmented into
Pitch Roof Insulation
Flat Roof Insulation
Others
Roof Insulation Market Regional Analysis
Asia-Pacific has seen tremendous expansion in roof insulation. The low cost of setting up a manufacturing unit, relatively cheap skilled labor, and low operating costs have played an important role in driving the expansion of the Asia Pacific industry. Also, favorable government regulations and policies and the call for insulated equipment play an important role in the expansion of the industry. Today, the international roof insulation industry crowns Europe as the dominant region, followed by Asia Pacific and North America. However, this regional industry expansion pattern is predicted to change in the coming years as Asia Pacific takes control of the industry leadership. Due to the economic recession, the European region could have late progress within it, which should have a negative influence on the construction sector.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Roof Insulation Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Roof Insulation Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Yes, the report can be customized as per your needs
Key Takeaways from this Roof Insulation Report
Evaluate Roof Insulation market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Roof Insulation market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
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Who are the key players in Roof Insulation Market?
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SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
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REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.