ASIA-PACIFC BUILDING INSULATION MARKET 2021-2028

Building & Construction | Construction Materials

ASIA-PACIFC BUILDING INSULATION MARKET 2021-2028

Market by End-user, Application, Material, and Country | Forecast 2021-2028

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Triton’s report suggests that the Asia-Pacific building insulation market is assessed to register growth at 3.14% and 2.67% of CAGR based on value and volume, respectively, during the examined period 2021-2028.


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The countries considered in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of Asia-Pacific

In the region, the increasing demand for insulation materials is mainly due to the surge in the number of residential and commercial building construction. Besides, the governments in China, Indonesia, India, and Japan have surged their investments in construction activities to enhance infrastructure across the country. This rise in construction activities directly increases the need for building insulation, thereby motivating the growth of the building insulation market within the APAC region.

Furthermore, the growing population base and the transforming lifestyle of consumers increase the demand for building insulation materials. Also, the affordable housing schemes offered by the governments have opened new avenues for the building insulation market across the region’s nations.

The construction sector in China is anticipated to observe substantial growth over the next few years, owing to technological advancements. Based on investment opportunities, the construction sector offers several growth prospects to domestic and international companies. Moreover, new market trends are emerging in the sector, which is driven by enhancing economic conditions. Hence, all these factors are likely to fuel the growth of the Chinese building insulation market in the near future.

Beijing New Building Material (Group) Co Ltd manufactures and markets building materials, decorative materials, and other products. Moreover, it facilitates house loans, investments, and other businesses. The company’s product portfolio includes rock wool that provides an energy-saving effect. Besides, it has over 40 years of experience within the building material domain and is headquartered in China. 

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Table of Content

1. ASIA-PACIFIC BUILDING INSULATION MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET SCOPE

2.2. KEY INSIGHTS

2.2.1.   BUILDING INSULATION MATERIALS ARE MAJORLY UTILIZED FOR WALL INSULATION

2.2.2.   WOOL INSULATION IS RAPIDLY GROWING MATERIAL TYPE IN THE BUILDING INSULATION MARKET

2.2.3.   RESIDENTIAL END-USERS HAVE SHOWN DOMINANCE IN THE MARKET

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. INTENSITY OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. MARKET DRIVERS

2.6.1. RISE IN RENOVATION OF OLD BUILDINGS

2.6.2. GROWING PREFERENCE FOR ENVIRONMENTALLY BENEFICIAL CONSTRUCTION

2.6.3. GOVERNMENT REGULATIONS

2.7. MARKET RESTRAINTS

2.7.1. UNSTABLE RAW MATERIAL PRICES

2.7.2. LABOR SHORTAGE

2.8. MARKET OPPORTUNITIES

2.8.1. GROWTH OPPORTUNITIES IN THE CONSTRUCTION INDUSTRY

2.9. KEY STRATEGIC DEVELOPMENTS

2.9.1. MERGER & ACQUISITIONS

2.9.2. PRODUCT LAUNCH & DEVELOPMENTS

2.9.3. PARTNERSHIP, CONTRACT/AGREEMENT, & COLLABORATION

2.9.4. BUSINESS EXPANSION

2.10. IMPACT OF CORONAVIRUS ON BUILDING INSULATION MARKET

3. ASIA-PACIFIC BUILDING INSULATION MARKET OUTLOOK - BY END-USER

3.1. RESIDENTIAL END-USERS

3.2. COMMERCIAL END-USERS

4. ASIA-PACIFIC BUILDING INSULATION MARKET OUTLOOK - BY APPLICATION

4.1. WALL

4.2. FLOOR

4.3. CEILING & ATTIC

4.4. OTHER APPLICATIONS

5. ASIA-PACIFIC BUILDING INSULATION MARKET OUTLOOK - BY MATERIAL

5.1. WOOL INSULATION

5.1.1.   ROCK WOOL

5.1.2.   GLASS WOOL

5.1.3.   SLAG WOOL

5.2. PLASTIC FOAMS

5.2.1.   POLYURETHANE FOAM

5.2.2.   EXTRUDED POLYSTYRENE FOAM (XPS)

5.2.3.   EXPANDED POLYSTYRENE FOAM (EPS)

6. BUILDING INSULATION MARKET – ASIA-PACIFIC

6.1. CHINA

6.2. JAPAN

6.3. INDIA

6.4. SOUTH KOREA

6.5. ASEAN COUNTRIES

6.6. AUSTRALIA & NEW ZEALAND

6.7. REST OF ASIA-PACIFIC

7. COMPETITIVE LANDSCAPE

7.1. BASF

7.2. BEIJING NEW BUILDING MATERIAL (GROUP) CO LTD

7.3. GAF MATERIALS CORPORATION

7.4. JOHNS MANVILLE CORPORATION (BERKSHIRE HATHAWAY)

7.5. HUNTSMAN CORPORATION

7.6. KINGSPAN GROUP

7.7. KNAUF INSULATION INC

7.8. OWENS CORNING

7.9. PAROC GROUP

7.10. ROCKWOOL INTERNATIONAL A/S

7.11. DOW CHEMICAL COMPANY

7.12. SAINT-GOBAIN SA

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1. OBJECTIVES OF STUDY

8.1.2. SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1. PRIMARY DATA SOURCES

8.2.2. SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1. EVALUATION OF PROPOSED MARKET

8.3.2. IDENTIFICATION OF DATA SOURCES

8.3.3. ASSESSMENT OF MARKET DETERMINANTS

8.3.4. DATA COLLECTION

8.3.5. DATA VALIDATION & ANALYSIS

List of Tables

TABLE 1: ASIA-PACIFIC BUILDING INSULATION MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)      

TABLE 2: ASIA-PACIFIC BUILDING INSULATION MARKET, BY COUNTRY, 2021-2028 (IN KILOTON)     

TABLE 3: VENDOR SCORECARD        

TABLE 4: ASIA-PACIFIC BUILDING INSULATION MARKET, BY END-USER, 2021-2028 (IN $ MILLION)      

TABLE 5: ASIA-PACIFIC BUILDING INSULATION MARKET, BY END-USER, 2021-2028 (IN KILOTON)     

TABLE 6: ASIA-PACIFIC BUILDING INSULATION MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)      

TABLE 7: ASIA-PACIFIC BUILDING INSULATION MARKET, BY APPLICATION, 2021-2028 (IN KILOTON)     

TABLE 8: ASIA-PACIFIC BUILDING INSULATION MARKET, BY MATERIAL, 2021-2028 (IN $ MILLION)      

TABLE 9: ASIA-PACIFIC BUILDING INSULATION MARKET, BY MATERIAL, 2021-2028 (IN KILOTON)     

TABLE 10: ASIA-PACIFIC WOOL INSULATION MARKET, BY TYPE, 2021-2028, (IN $ MILLION)           

TABLE 11: ASIA-PACIFIC WOOL INSULATION MARKET, BY TYPE, 2021-2028, (IN KILOTON)           

TABLE 12: ASIA-PACIFIC PLASTIC FOAMS MARKET, BY TYPE, 2021-2028 (IN $ MILLION) 

TABLE 13: ASIA-PACIFIC PLASTIC FOAMS MARKET, BY TYPE, 2021-2028 (IN KILOTON)    

List of Figures

FIGURE 1: ASIA-PACIFIC BUILDING INSULATION MARKET, BY APPLICATION, 2020 & 2028 (IN %)      

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS     

FIGURE 3: MARKET ATTRACTIVENESS INDEX       

FIGURE 4: ASIA-PACIFIC BUILDING INSULATION MARKET, BY RESIDENTIAL END-USERS, 2021-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC BUILDING INSULATION MARKET, BY COMMERCIAL END-USERS, 2021-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC BUILDING INSULATION MARKET, BY WALL, 2021-2028 (IN $ MILLION)      

FIGURE 7: ASIA-PACIFIC BUILDING INSULATION MARKET, BY FLOOR, 2021-2028 (IN $ MILLION)      

FIGURE 8: ASIA-PACIFIC BUILDING INSULATION MARKET, BY CEILING & ATTIC, 2021-2028 (IN $ MILLION)        

FIGURE 9: ASIA-PACIFIC BUILDING INSULATION MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)          

FIGURE 10: ASIA-PACIFIC BUILDING INSULATION MARKET, BY WOOL INSULATION, 2021-2028 (IN $ MILLION)          

FIGURE 11: ASIA-PACIFIC BUILDING INSULATION MARKET, BY PLASTIC FOAMS, 2021-2028 (IN $ MILLION)        

FIGURE 12: ASIA-PACIFIC BUILDING INSULATION MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 13: CHINA BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)

FIGURE 14: JAPAN BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)

FIGURE 15: INDIA BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)

FIGURE 16: SOUTH KOREA BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)    

FIGURE 17: ASEAN COUNTRIES BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)           

FIGURE 18: AUSTRALIA & NEW ZEALAND BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)

FIGURE 19: REST OF ASIA-PACIFIC BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)       

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