Materials and Chemicals

Asia-Pacific Insulation Materials Market by Type (Mineral Wool/Rock Wool/Stone, Polyurethane Foam, Polyethylene, Polyvinyl Chloride, Expanded Polystyrene, Extruded Polystyrene, and Others), Application (Residential Construction, HVAC & OEM, Non-Residential, Wires & Cables, Automotive, Oil & Gas, and Others), and Country (China, Japan, Korea, India, Australia, and Rest of Asia-Pacific): Asia-Pacific Opportunity Analysis and Industry Forecast, 2015-2023

  • ALL1169139
  • 180 Pages
  • May 2017
  • Materials and Chemicals

The Asia-Pacific insulation materials market is expected to reach $50,035 million by 2023, growing at a CAGR of 7.4% from 2017 to 2022. Insulation materials are materials used to insulate something or to prevent the transfer of heat, light, or sound. Based on the insulation provided, insulation materials can be categized as heat insulating, light insulating, and sound insulating materials.

The factors that drives the insulation materials market are increase in building renovation & remodeling, rise in popularity of eco-friendly insulation technologies, demand for high temperature insulation in petrochemicals and oil & gas sectors, and growth in use of micro porous insulation in industrial & aerospace industries. However, the fluctuation in raw material prices and concerns due to toxicity of polyurethane & polystyrene is expected to hinder the growth of the market. Furthermore, rise in awareness about the green building concept is creating lucrative opportunities for growth in the market.

The Asia-Pacific insulation materials market is segmented on the basis of type, application, and country. Based on type, it is classified into mineral wool/rock wool/stone, polyurethane foam, polyethylene, polyvinyl chloride, expanded polystyrene, extruded polystyrene, and others that includes carbon glass, fiberglass, aerogel, silicate, perlite, phenolic foam, & glass wool. Based on application, it is divided into residential construction, HVAC & OEM, non-residential, wires & cables, automotive, oil & gas, and others (packaging & consumer goods). Country level analysis includes China, Japan, Korea, India, Australia, and rest of Asia-Pacific.

Top players in Asia-Pacific insulation materials market include:

  • The Dow Chemical Company
  • Bridgestone
  • ProtekAsia
  • ROCKWOOL Building Materials (Singapore) Pte Ltd.
  • Huntsman Corporation
  • Kingspan plc.
  • Armacell International Holding
  • Bayer Material Science
  • ITW Insulation Systems


  • This report entails the detailed quantitative analysis of current market and estimations from 2015 to 2023 that assist to identify the prevailing market opportunities in the Asia-Pacific insulation materials market.
  • In-depth coverage of the market that includes drivers, restraints, and opportunities helps professionals to better understand the market behavior.
  • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the Asia-Pacific market is provided.
  • Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
  • Pinpoint analysis of geographical segments helps to identify opportunities for growth within the market.

Asia-Pacific Insulation Materials Market Key Segments:

By Type

  • Mineral Wool/ Rock Wool/ Stone Wool
  • Polyurethane Foam
  • Polyethylene
  • Polyvinyl Chloride
  • Expanded Polystyrene
  • Extruded Polystyrene
  • Others (Carbonglass, Fiberglass, Aerogel, Silicate, Perlite, Phenolic Foam, & Glass Wool)

By Application

  • Residential Construction
  • HVAC & OEM
  • Non-Residential
  • Wires & Cables
  • Automotive
  • Oil & Gas
  • Others (Packaging & Consumer Goods)

By Country

  • China
  • Japan
  • Korea
  • India
  • Australia
  • Rest of Asia-Pacific

Other prominent market players are

  • Nichias Corporation
  • Dongsung Finetec Corporation
  • Insulmat Asia
  • Nitto Denko Corporation
  • Foster Engineering Pte. Ltd.
  • Shenzhen Mysun Insulation Materials Co Ltd.
  • KCC
  • Japan Insulation Co., Ltd.
  • Nippon Aqua Co., Ltd.
  • Foilboard Insulation Systems

(The above companies are not profiled but can be done on Client’s request)

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