Report Overview
The world market size for insulation that is used in industrial and plant equipment applications is forecast to increase at an annual rate of 4.5% through 2028 to $10.8 billion. More stringent noise pollution and workplace safety regulations as well as increasing industrialization in developing regions will drive demand.
This study provides a comprehensive analysis of the global industrial insulation market. It covers historical market trends, demand by region (in market value, metric tons, and R-1 value), leading and fastest-growing country markets, pricing trends, and leading producers. It also examines factors impacting industrial insulation demand, such as the manufacturing outlook, global regulatory environment, building codes, energy efficiency, fire safety requirements, noise pollution (including environmental and health protection and worker safety), and health concerns (including indoor air quality and asbestos). Additionally, the study discusses sustainability initiatives such as recycling and the use of blowing agents. Market segmentation by material includes foamed plastic, mineral wool, fiberglass, and small volume insulation materials. The applications section covers demand by application, including power generation, chemical, petroleum refining, oil and gas, and other applications. Regional analyses are provided for North America, Central & South America, Western Europe, Eastern Europe, Asia/Pacific and Africa/Mideast, detailing market size, historical trends, and demand by material and application for each region and key countries within each region. This study offers valuable insights into the current state and future prospects of the industrial insulation market.
Industrial insulation materials include:
• Foamed Plastic
• Fiberglass
• Mineral Wool
• Small Volume Materials, such as perlite and ceramic fiber
Applications include:
• Power Generation
• Chemicals
• Petroleum Refining
• Oil and Gas Production
• Food and Beverage Processing
Regions covered include:
• North America
• Central and South America
• Western Europe
• Eastern Europe
• Asia/Pacific
• Africa/Mideast
Scope of the Report
This report covers the scope, size, and growth of the global industrial insulation market, including key trends in materials and applications. Historical data are provided for 2013, 2018, and 2023 with forecasts for 2028 and 2033, with year-by-year historical market volatility addressed. Annual data for 2020-2027 are also presented. Data is provided in dollars, metric tons, and square meters of R-1 value. Also included is a discussion of the industry’s key players.
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