Global Oem Insulation Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 15,302.31 Million |
Market Size (Forecast Year) |
USD 24,631.83 Million |
CAGR |
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Major Markets Players |
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Global OEM Insulation Market, By Material Type (Foamed Plastics, Mineral Wool/Fiber, and Other Insulating Materials), End-Use Industry (Industrial, Consumer, and Transportation), Insulation Type (Blanket, Rolls & Butts, and Loose Fill & Others) – Industry Trends and Forecast to 2030.
OEM Insulation Market Analysis and Size
OEM insulation refers to Original Equipment Manufacturers of subsystems of thermal insulators. Growing construction industry along with the emphasis on safety and security features in vehicles is increasing demand for OEM insulation Solutions. Special economic zones and government incentives in the form of subsidies and low tax rates are driving up demand for OEM insulation.
Data Bridge Market Research analyses that the OEM insulation market which was USD 15,302.31 million in 2022, would rocket up to USD 24,631.83 million by 2030, and is expected to undergo a CAGR of 5.9% during the forecast period. Building & construction segment is dominating in this market due to increasing needs of energy efficient goods and equipment. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
OEM Insulation Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, and Pricing in USD |
Segments Covered |
By Material Type (Foamed Plastics, Mineral Wool/Fiber, and Other Insulating Materials), End-Use Industry (Industrial, Consumer, and Transportation), Insulation Type (Blanket, Rolls & Butts, and Loose Fill & Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa |
Market Players Covered |
Johns Manville. (U.S.), Knauf Insulation. (Belgium), Saint-Gobain (France), ROCKWOOL International A/S (U.S.), Owens Corning (Ohio), 3M (U.S.), Aspen Aerogels, Inc. (Northborough), Armacell India Pvt Ltd.(India), Corporation, Demilec Inc. (U.S.), Scott Industries LLC (Michigan), and Artik OEM (Ontario) |
Market Opportunities |
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Market Definition
The term OEM insulation refers to Original Equipment Manufacturers of subsystems of thermal insulators. Thermal insulators are used to minimize heat gain or loss by forming blocks between surfaces that vary in temperatures.
OEM insulation is an effective solution that is frequently used in automotive to provide safety and comfort in vehicles by insulating the vehicle parts. OEM Insulations are commonly used in industrial applications such as refrigeration, pharmaceuticals, automotive, construction and food processing.
OEM Insulation Market Dynamics
Drivers
- Growing demand in building & construction sector
Buildings that are energy efficient are in great demand. Increasing need of energy efficient goods and equipment, insulation in partitions and technical advancement of HVAC equipment in construction sector drives the demand for OEM insulation.
- Increasing trend of urbanization and industrialization
Increasing urbanization has resulted in higher demand for original equipment manufacturer insulation solutions, such as those used in air conditioners and heat shields. End users seek insulation options for battery insulation, fire protection, and high temperature insulation for bodywork fireproofing.
Opportunities
- Increasing use in transportation industry
The rising application will create growth opportunities for the OEM Insulations market and increase the adoption into several markets. Increasing use in transportation industry will extend profitable opportunities for the market players in the forecast period of 2023 to 2030. Additionally, innovative and specialized insulation products that can be used in the manufacturing process of OEMs will further expand the market's growth rate in the future.
Restraints/Challenges
- Increase in adoption of recycling technique
Lack of awareness regarding benefits of energy efficient building along with less growth of construction industry will hinder the growth potential of OEM insulation market. Also, adoption of recycling technique is projected to challenge the market in the forecast period of 2023-2030.
This OEM Insulation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the OEM Insulation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
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In July 2021, Owens corning announced the acquisition of vliepa GmbH which specializes in the coating, printing, finishing of nonwovens, paper and film for the building materials industry. This will help Owens Corning to serve the building and construction market
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In February 2020, Parafon, the producer of stone wool based acoustic solutions has been acquired by Rockwool International AS to become a part of its Rockfon business. By acquiring this company, Rockfon is establishing its footmarks in Northern Europe and nourshing stone wool with its excellent acoustic performance in order to enhance the range of consumers and segments.
Global OEM Insulation Market Scope
The OEM insulation market is segmented on the basis of material type, end-use industry and insulation type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material Type
- Mineral Wool/Fibre
- Foamed Plastics
- Other Insulating Materials
End-Use Industry
- Industrial
- Consumer
- Transportation
Insulation Type
- Blanket
- Rolls & Butts
- Loose Fill & Others
OEM Insulation Market Regional Analysis/Insights
The OEM Insulation market is analysed and market size insights and trends are provided by country, material type, end-use industry, and insulation type, as referenced above.
The countries covered in the OEM Insulation market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and rest of Middle East and Africa.
Asia-Pacific dominates the OEM Insulation market due to the increasing demand of domestic as wells as commercial building along with rising awareness among the people regarding the benefits associated with its usage in this region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 because of the rise in building & construction sector in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Construction growth and New Technology Penetration
The OEM insulation market also provides you with detailed market analysis for every country growth in automotive expenditure for capital equipment, installed base of different kind of products for OEM Insulation market, impact of technology using life line curves and changes in automotive regulatory scenarios and their impact on the OEM Insulation market. The data is available for historic period 2015-2020.
Competitive Landscape and OEM Insulation Market Share Analysis
The OEM insulation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the OEM insulation market are:
- Johns Manville. (U.S.)
- Knauf Insulation. (Belgium)
- Saint-Gobain (France)
- ROCKWOOL International A/S (U.S.)
- Owens Corning (Ohio)
- 3M (U.S.)
- Aspen Aerogels, Inc. (Northborough)
- Armacell India Pvt Ltd. (India)
- Corporation, Demilec Inc. (U.S.)
- Scott Industries LLC (Michigan)
- Artik OEM (Ontario)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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