Glass Insulation Market Scope and Share 2031
The Glass Insulation Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Glass Wool, Cellular Glass, and Insulating Glass Unit). The global analysis is further broken-down at regional level and major countries. The report further presents analysis based on End Use (Residential and Non-Residential). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Glass Insulation Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Glass Insulation Market Segmentation
Type- Glass Wool
- Cellular Glass
- Insulating Glass Unit
- Residential and Non-Residential
Strategic Insights
Glass Insulation Market Growth Drivers- Rising Demand for Energy-Efficient Building Materials: Due to the increasing energy prices and the factors of climate change, there is a growing need for energy saving building materials. Glass wool has highly effective thermal and sound insulation properties, hence minimizing energy wastage in residential and commercial buildings. With more and more economies improving the enforcement of energy regulation standards, such insulations get to be of relevance.
- Global Construction Boom Driving Glass Wool Insulation Market Growth: The unexplainable expansion of the glass insulation market is attributed to the expansion of the construction industry at the global level. Since urbanization is rapid, novel, residential, industrial and commercial buildings are needed which automatically calls for insulation materials. In this respect, glass insulation facilitates energy efficiency in both new installations and retrofit works.
- Expanding Applications of Glass Wool Insulation in Industrial Sectors: Besides the use in homes and offices, glass insulation is gaining popularity in industrial sectors like manufacture, automotive and even petrochemical wise. Heat resistance and operable limits in high temperatures tend to allow its usage in places like pipe work insulation, furnace chambers, and hvac systems.
- Growing Demand for Glass Insulation in Sustainable and Energy-Efficient Buildings: The increasing emphasis on constructing energy-efficient and sustainable structures will boost the demand for glass insulation. As more and more stringent rules on energy utilization are put in place, glass insulation possesses great thermal and sound insulation, hence it is also widely used in energy saving and enhancing the comfort and effectiveness of both residential and commercial structures.
- Expanding Applications of Glass Insulation in High-Temperature Industrial Processes: Glass insulation is likely to gain more acceptance and usage in industrial processes such as power generation plants, oil refineries, and chemical processing where resistance to extremely high temperatures and safety is vital. For instance, glass wool as well as other glass insulation systems do well in areas requiring thermal insulation, noise control, and also fireprotection.
- Rising Use of Glass Insulation in the Transport Industry for Enhanced Efficiency and Comfort: The glass insulation sector is anticipated to grow owing to the higher use of insulation materials in the transport industry aimed at improving fuel efficiency and comfort. Specifically, glass insulation will be increasingly used in vehicles like trains, buses, and ships due to its lightweight, resilience, and reduced energy loss in heating and cooling systems.
- Glass Wool- A Key Material for Energy-Efficient and Green Building Projects: Given the ever-growing concern to reduce energy consumption in the construction as well as operation of buildings glass wool will stand to gain. It is an energy-efficient material ideal for use in residential and commercial buildings because it not only enhances energy efficiency but also provides thermal and acoustic insulation which is core to green building projects. And focus on more adaptive building designs will lead to more glass insulation acceptance.
- Increasing Demand for Glass Insulation in High-Temperature Industrial Applications: Glass insulation is increasingly relevant in high-temperature industrial applications, including, but not limited to, gas plants, petroleum refineries, and chemical plants. With the capability of the material to perform the thermal purpose even in high extremes of temperature while being resistant to any form of break down, thermal insulation becomes a necessity in heavy industries which opens a good market in this area.
- The Growing Role of Glass Insulation in Eco-Friendly HVAC Systems: The advancement of HVAC systems has also contributed to the increase of glass insulation demand for the heating, ventilation, and air conditioning systems, improving energy spend efficiency. The movement towards energy-efficient and eco-friendly HVAC systems is a rising opportunity for manufacturers of glass insulation in the residential and commercial markets.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Glass Insulation Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Glass Insulation Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Glass Insulation Market is estimated to witness a CAGR of 5% from 2023 to 2031
Increasing awareness of energy efficiency and sustainability is driving the market growth
Owens Corning
; Saint-Gobain Group
; Rockwool International A/S
; Knauf Insulation
; Johns Manville
; Kingspan Group
; BASF SE
; Paroc Group
; Isotherm
; Uralita S.A.
; Huntsman Corporation
; Thermo-Block
; Effisus
; Fletcher Insulation
; Owosso Motor Company
Based on type, the glass wool segment is expected to witness the fastest growth during the forecast period
Based on geography, Asia Pacific held the largest share of the glass insulation market due to the well-established construction industry across the region, coupled with continuous growth and development
Growing demand for green and energy-efficient buildings is expected to be the key market trends
Table of Contents
1. INTRODUCTION
1.1. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. GLASS INSULATION MARKET LANDSCAPE
3.1. OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Glass insulation Market - By Type
3.2.2. Glass insulation Market - By End Use
3.2.3. Glass insulation Market - By Region
3.2.3.1. By Country
3.3. PEST ANALYSIS
3.3.1. North America - PEST Analysis
3.3.2. Europe - PEST Analysis
3.3.3. Asia Pacific (APAC) - PEST Analysis
3.3.4. Middle East & Africa (MEA) - PEST Analysis
3.3.5. South America (SAM)- PEST Analysis
4. GLASS INSULATION MARKET - KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
5. GLASS INSULATION MARKET - GLOBAL MARKET ANALYSIS
5.1. GLASS INSULATION - GLOBAL MARKET OVERVIEW
5.2. GLASS INSULATION - GLOBAL MARKET AND FORECAST TO 2028
6. GLASS INSULATION MARKET REVENUE AND FORECASTS TO 2028 -TYPE
6.1. OVERVIEW
6.2. TYPE MARKET FORECASTS AND ANALYSIS
6.3. GLASS WOOL
6.3.1. Overview
6.3.2. Glass Wool Market Forecast and Analysis
6.4. CELLULAR GLASS
6.4.1. Overview
6.4.2. Cellular Glass Market Forecast and Analysis
6.5. INSULATING GLASS UNIT
6.5.1. Overview
6.5.2. Insulating Glass Unit Market Forecast and Analysis
7. GLASS INSULATION MARKET REVENUE AND FORECASTS TO 2028 - END USE
7.1. OVERVIEW
7.2. END USE MARKET FORECASTS AND ANALYSIS
7.3. RESIDENTIAL
7.3.1. Overview
7.3.2. Residential Market Forecast and Analysis
7.4. NON-RESIDENTIAL
7.4.1. Overview
7.4.2. Non-Residential Market Forecast and Analysis
8. GLASS INSULATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1. North America Glass insulation Market Overview
8.1.2. North America Glass insulation Market Forecasts and Analysis
8.1.3. North America Market Forecasts and Analysis - By Countries
8.1.3.1. US market
8.1.3.2. Canada market
8.1.3.3. Mexico market
8.1.4. North America Market Forecasts and Analysis - By Type
8.1.5. North America Market Forecasts and Analysis - By End Use
8.2. EUROPE
8.2.1. Europe Glass insulation Market Overview
8.2.2. Europe Glass insulation Market Forecasts and Analysis
8.2.3. Europe Market Forecasts and Analysis - By Countries
8.2.3.1. France market
8.2.3.2. Germany market
8.2.3.3. Italy market
8.2.3.4. Spain market
8.2.3.5. UK market
8.2.3.6. Rest of Europe market
8.2.4. Europe Market Forecasts and Analysis - By Type
8.2.5. Europe Market Forecasts and Analysis - By End Use
8.3. ASIA PACIFIC (APAC)
8.3.1. Asia Pacific Glass insulation Market Overview
8.3.2. Asia Pacific Glass insulation Market Forecasts and Analysis
8.3.3. Asia Pacific Market Forecasts and Analysis - By Countries
8.3.3.1. Australia
8.3.3.2. China market
8.3.3.3. India market
8.3.3.4. Japan market
8.3.3.5. Rest of APAC market
8.3.4. Asia Pacific Market Forecasts and Analysis - By Type
8.3.5. Asia Pacific Market Forecasts and Analysis - By End Use
8.4. MIDDLE EAST AND AFRICA (MEA)
8.4.1. Middle East and Africa Glass insulation Market Overview
8.4.2. Middle East and Africa Glass insulation Market Forecasts and Analysis
8.4.3. Middle East and Africa Market Forecasts and Analysis - By Countries
8.4.3.1. South Africa market
8.4.3.2. Saudi Arabia market
8.4.3.3. UAE market
8.4.3.4. Rest of MEA market
8.4.4. Middle East and Africa Market Forecasts and Analysis - By Type
8.4.5. Middle East and Africa Market Forecasts and Analysis - By End Use
8.5. SOUTH AMERICA (SAM)
8.5.1. South America Glass insulation Market Overview
8.5.2. South America Glass insulation Market Forecasts and Analysis
8.5.3. South America Market Forecasts and Analysis - By Countries
8.5.3.1. Brazil market
8.5.3.2. Rest of SAM market
8.5.4. South America Market Forecasts and Analysis - By Type
8.5.5. South America Market Forecasts and Analysis - By End Use
9. INDUSTRY LANDSCAPE
9.1. MERGERS & ACQUISITIONS
9.2. MARKET INITIATIVES
9.3. NEW DEVELOPMENTS
9.4. INVESTMENT SCENARIOS
10. COMPETITIVE LANDSCAPE
10.1. COMPETITIVE PRODUCT MAPPING
10.2. MARKET POSITIONING/ MARKET SHARE
11. GLASS INSULATION MARKET, KEY COMPANY PROFILES
11.1. NIPPON SHEET GLASS CO LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Financial Overview
11.1.4. SWOT Analysis
11.1.5. Key Developments
11.2. OWENS CORNING
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Financial Overview
11.2.4. SWOT Analysis
11.2.5. Key Developments
11.3. PPG INDUSTRIES, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Financial Overview
11.3.4. SWOT Analysis
11.3.5. Key Developments
11.4. CERTAIN TEED CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Financial Overview
11.4.4. SWOT Analysis
11.4.5. Key Developments
11.5. PITTSBURGH CORNING CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Financial Overview
11.5.4. SWOT Analysis
11.5.5. Key Developments
11.6. SAINT-GOBAIN
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Financial Overview
11.6.4. SWOT Analysis
11.6.5. Key Developments
11.7. AFICO
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Financial Overview
11.7.4. SWOT Analysis
11.7.5. Key Developments
11.8. JOHNS MANVILLE
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Financial Overview
11.8.4. SWOT Analysis
11.8.5. Key Developments
11.9. KNAUF
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Financial Overview
11.9.4. SWOT Analysis
11.9.5. Key Developments
11.10. SCHEUTEN GLAS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Financial Overview
11.10.4. SWOT Analysis
11.10.5. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
12.3. RESEARCH METHODOLOGY
The List of Companies
1. Nippon Sheet Glass Co Ltd.
2. Owens Corning
3. PPG Industries, Inc.
4. Certain Teed Corporation
5. Pittsburgh Corning Corporation
6. Saint-Gobain
7. AFICO
8. Johns Manville
9. Knauf
10. Scheuten Glas
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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