LATIN AMERICA BUILDING INSULATION MARKET 2021-2028

Building & Construction | Construction Materials

LATIN AMERICA BUILDING INSULATION MARKET 2021-2028

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

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Triton’s report alludes that the Latin American building insulation market is likely to propel at a CAGR of 3.79% (value) and 3.28% (volume) during the anticipated period 2021-2028.


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The countries scrutinized in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

In Latin America, the growing investments in affordable homes, coupled with increasing demand for new commercial buildings, are enhancing the demand for building insulation materials. In Brazil, however, the construction sector is still at its nascent stage, with inadequate levels often limiting its capacity. These deficiencies are reflected in the high logistics costs, accounting for a significant amount of the GDP compared to other OECD countries. This indicates the huge scope of development in the construction sector, which will support the demand for building insulation materials. Therefore, the slowly developing construction sector is likely to augment the progression of the building insulation market in Brazil over the next few years.

Furthermore, Mexico is striving towards undertaking environmentally friendly initiatives similar to other developing and developed countries. Besides, the construction industry is following green building activities, which is supplementing the growth of the studied market. Moreover, the country has joined the World Green Building Council, which increases construction activities across the country. Here, the country has adopted best practices from the European nations to benefit from green buildings. Hence, the green building initiatives are likely to offer new opportunities to the building insulation market in Mexico in the upcoming years.

Huntsman Corporation offers various chemical products and performance products, such as amines, advanced materials, polyurethane-based polymers, and insulation materials, among others. Its products are used across various industries, including construction, electronics, insulation, coatings, and power generation industries. Besides, the company offers structural insulated panels to its wide clientele. Huntsman has manufacturing facilities across various regions, including Latin America. 

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Table of Content

1. LATIN AMERICA 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 CONSTRUCTTION

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. LATIN AMERICA BUILDING INSULATION MARKET OUTLOOK - BY END-USER

3.1. RESIDENTIAL END-USERS

3.2. COMMERCIAL END-USERS

4. LATIN AMERICA BUILDING INSULATION MARKET OUTLOOK - BY APPLICATION

4.1. WALL

4.2. FLOOR

4.3. CEILING & ATTIC

4.4. OTHER APPLICATIONS

5. LATIN AMERICA 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 – LATIN AMERICA

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

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: LATIN AMERICA BUILDING INSULATION MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)      

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

TABLE 3: VENDOR SCORECARD        

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

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

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

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

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

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

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

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

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

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

List of Figures

FIGURE 1: LATIN AMERICA BUILDING INSULATION MARKET, BY APPLICATION, 2020 & 2028 (IN %)

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS     

FIGURE 3: MARKET ATTRACTIVENESS INDEX       

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

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

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

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

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

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

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

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

FIGURE 12: LATIN AMERICA BUILDING INSULATION MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)              

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

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

FIGURE 15: REST OF LATIN AMERICA BUILDING INSULATION MARKET 2021-2028 (IN $ MILLION)

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