세계의 단열재 시장은 2022년에 689억 달러에 달하며, 2030년에는 1,195억 달러에 달하며, 예측 기간인 2023-2030년 CAGR은 6.2%로 성장할 것으로 예측되고 있습니다.
그린 단열재의 개발 및 적용은 지속가능성과 환경 친화적 인 움직임의 영향을 받고 있습니다. 이러한 재료는 종종 재활용 재료, 천연섬유 및 재생한 자원을 포함하고 있으므로 환경에 미치는 영향이 적습니다.
단열재에 사용되는 재료와 기술은 끊임없이 발전하고 있습니다. 내열성을 높이고, 내화성을 강화하며, 환경 친화적인 혁신적인 단열재들이 각 제조업체들에 의해 개발되고 있습니다. 이러한 기술 개발은 단열재의 효능을 향상시킬 뿐만 아니라 사람과 조직이 더 나은 해결책을 찾게 함으로써 전체 시장의 번영을 돕고 있습니다.
아시아태평양은 인프라 개발 확대로 인해 2022년 67.7% 이상을 차지하며 단열재 시장을 주도할 것으로 예상됩니다. 단열재는 HVAC 시스템, 탱크, 파이프라인과 같은 용도에서 에너지 효율과 운영 성능을 향상시키기 위해 이러한 부문에 필요합니다. 산업 활동이 활발해짐에 따라 이러한 용도의 단열재에 대한 수요가 증가하고 있습니다.
주택 및 기타 구조물에 충분한 단열재를 사용하는 것의 중요성은 소비자들에게 점점 더 분명해지고 있습니다. 지붕과 벽에 효과적인 단열재를 사용하면 에너지를 절약하고, 편안함을 향상시키며, 생태계에 대한 피해를 줄일 수 있다는 사실이 밝혀지고 있습니다. 미국 환경보호청(EPA)은 건물의 냉난방 시스템이 미국에서 소비되는 전체 에너지의 43%를 사용하고 있으며, 이로 인해 온실가스 배출량과 대기오염이 증가하고 있는 것으로 추정하고 있습니다.
따라서 오염물질과 대기오염, 전체 에너지 소비를 줄이기 위해서는 건물의 단열을 강화해야 합니다. 건물의 벽과 지붕을 단열하면 냉난방 비용을 45%에서 55%까지 절약할 수 있습니다.
또한 단열재는 에너지 소비 감소, 내화성, 실내 공기질 개선, 결로 방지, 환경 친화적 인 솔루션 등 많은 이점을 제공합니다. 이러한 장점으로 인해 최근 지붕과 벽의 단열에 대한 고객의 선호도가 높아지고 있으며, 이는 단열재 시장을 촉진할 것으로 예상됩니다.
세계 경제는 건설 산업에 의해 크게 움직이고, 건설 산업은 국가 번영의 기초로 간주되며, 볼보건설기계에 따르면 2020년 4분기 이후 건설 부문은 여러 지역에서 건축 활동이 증가했다고 합니다. 남미는 12%, 아시아는 39%, 유럽은 20%, 중국은 28% 증가했습니다.
또한 YIT공사는 2021년 12월에 핀란드, CEE 국가 및 러시아에서 총 투자액이 약 2억 유로(미화 2억 3,650만 달러)에 달하는 여러 개의 주택 타워 프로젝트 건설을 시작했습니다. 이 프로젝트들은 2023년 말에 완공될 예정입니다. 이에 따라 세계 건설 프로젝트가 활발해짐에 따라 주거 및 상업용 건물의 지붕, 벽, 바닥 단열에 사용되는 미네랄울, 발포 폴리스티렌, 압출 폴리스티렌 등 단열재에 대한 수요가 증가할 것으로 예상됩니다.
단열재 산업은 환경 규제 강화와 지속가능성에 대한 관심이 높아지면서 영향을 받고 있습니다. 정부와 국제기구는 온실 가스 배출을 줄이고 건물의 에너지 효율을 향상시키기 위해 더 엄격한 기준을 요구하고 있습니다. 이러한 추세는 열 손실과 에너지 사용량을 줄이는 단열 부문의 목표와 일치합니다.
이러한 구상은 제조업체가 더 많은 비용과 생산 시간 손실을 초래할 수 있으며, 그 결과 제조 비용 상승이라는 온도 범위에서 고객에게 전가될 수 있습니다. 지속가능성을 중시하는 고객들은 또한 환경 발자국이 적은 단열재 제품을 요구하고 있으며, 이에 따라 업계는 보다 효과적인 개발 및 채택을 추진하고 있습니다.
시장은 원자재 가격 변동에 매우 민감하기 때문에 제조업체와 소비자 모두에게 문제가 발생할 수 있습니다. 유리섬유 및 온도 범위 플라스틱과 같은 많은 단열재는 석유 기반 원료에 의존하기 때문에 석유 가격 변동에 취약합니다. 또한 미네랄울과 같은 특정 원료의 수급 관계도 가격 변동의 원인이 될 수 있습니다.
또한 원자재 가격이 크게 상승하면 단열재 제조업체는 가격 경쟁력을 유지할 수 없게 되어 예산이 부족한 소비자 수요가 감소할 수 있습니다. 이러한 가격 변동을 억제하고 일관된 가격 책정을 보장하기 위해서는 업계 관계자들의 전략적 계획과 리스크 관리가 필요하며, 단열재 시장이 크게 제한될 수 있습니다.
Global Thermal Insulation Market reached US$ 68.9 billion in 2022 and is expected to reach US$ 119.5 billion by 2030, growing with a CAGR of 6.2% during the forecast period 2023-2030.
The development and application of green insulating materials have been influenced by the movement toward sustainability and environmental friendliness. The environmental effect of these materials is lessened since they frequently contain recycled material, natural fibers or renewable resources.
The materials and technology used in the thermal insulation sector are constantly improving. Innovative insulating materials with increased thermal resistance, enhanced fire resistance and environmental friendliness are being developed by manufacturers. In addition to improving thermal insulation's efficacy, these technical developments also help the market as a whole flourish as people and organizations look for better solutions.
Asia-Pacific dominates the thermal insulation market coovering more than 67.7% in 2022 due to growing infrastructure development. Thermal insulation is necessary for these sectors to improve energy efficiency and operational performance in applications including HVAC systems, tanks and pipelines. The need for thermal insulation materials for these applications is rising as industrial activity increases.
The significance of having enough insulation in houses and other structures is becoming more and more apparent to consumers. It realise that effective insulation in the roof and walls can result in energy savings, increased comfort and less ecological damage. The United States Environmental Protection Agency (EPA) estimates that heating and cooling systems in buildings utilize 43% of the total energy consumed in the country, which results in significant greenhouse gas emissions and air pollution.
Therefore, lowering pollutants, air pollution and overall energy consumption requires good building insulation. Buildings may save 45% to 55% on their heating and cooling expenditures by insulating their walls and roofs.
Furthermore, thermal insulation provides a multitude of benefits, including reduced energy consumption, fire resistance, improved indoor air quality, prevention of moisture condensation and environmentally friendly solutions. Due to these advantages, customer preference for roof and wall insulation has been rising recently, which is anticipated to propel the thermal insulation market.
The globally economy is largely driven by the construction industry, which is regarded as the foundation of national prosperity. As per Volvo CE, the construction sector has experienced an increase in building activities in various regions since the fourth quarter of 2020. South America saw a 12% growth, Asia experienced a 39% increase, Europe observed a 20% rise and China recorded a 28% uptick in 2020.
Additionally, with a total investment of about EUR 200 million (or US$ 236.5 million), YIT Corporation began building several residential tower projects in Finland, the CEE countries and Russia in December 2021. Anticipated completion of these projects is set for the conclusion of 2023. Consequently, with global construction projects gaining momentum, there is a projected uptick in the demand for thermal insulation materials like mineral wool, expanded polystyrene and extruded polystyrene, which are utilized in insulating roofs, walls and floors of residential or commercial buildings.
The thermal insulation industry is impacted by tightening environmental regulations and rising sustainability concerns. Governments and international organizations are demanding stricter standards to reduce greenhouse gas emissions and improve building energy efficiency. It tendency is in line with the goals of the insulation sector, which is to decrease heat loss and energy usage.
The initiative could lead manufacturers to spend more money and lose production time, which they may subsequently pass on to customers in the Temperature Range of higher manufacturing costs. Customers who value sustainability are also demanding insulation products with lower environmental footprints, which is driving the industry to develop and adopt more effectively
The market is extremely sensitive to fluctuations in the price of raw materials, so both manufacturers and consumers may have problems. Numerous insulating materials, such as fiberglass and Temperature Range plastics, are dependent on petroleum-based feedstocks, making them vulnerable to changes in oil prices. The dynamics of supply and demand for specific raw materials, like mineral wool, can also cause price volatility.
Additionally, the raw material costs grow significantly, insulation companies are unable to maintain their pricing competitively, which might reduce consumer demand from consumers on a tight budget. By controlling these price changes and ensuring consistent pricing, which necessitates strategic planning and risk management on the part of industry players, the market for thermal insulation may be severely limited.
The global thermal insulation market is segmented based on product, temperature range, material, end-user, application and region.
Green structures are also effective or high-performance buildings. "Green building" is the process of creating, operating, maintaining, renovating and deconstructing structures using practices that are resource- in addition, according to U.S. Environment Protection Agency (EPA). Renewable energy constructions are added to green building design, which emphasizes cost, utility, durability and comfort.
Additionally, the buildings account for 40.1% of energy use, therefore thermal insulation is employed to reduce the high energy requirement. Rising energy costs, energy scarcity and pressure to limit global warming brought on by the use of fossil fuels are the main drivers driving the use of building thermal insulation.
Asia-Pacific has been a dominant force in the global thermal insulation market and with the expanding oil production, insulating materials are being used much more frequently in many emerging nations, including India and China. Therefore these nations contribute to nearly 66.7% of the regional market with the increasing demand for insulation in restoration and renovation projects, insulation is frequently utilized to cut down on energy waste.
According to insulation.org, high-temperature applications are typically employed in turbines, breechings, stacks, exhausts, incinerators, boilers, etc. and have a range of 600°F to 1500°F. Additionally, insulation can only be used up to a temperature of 2300°F; anything above that temperature requires refractory materials, such as melting furnaces. Pipes, industrial ovens and furnaces all employ high-temperature thermal insulation.
These materials find applications across various industries and thermal processing facilities. Moreover, pipelines and equipment can receive insulation tailored to specific application needs. Consequently, there is a rising demand for high-temperature thermal insulation in the region.
According to Published in 2023 by the Indian Bureau of Mines, Perlite offers thermal insulation, improved fire resistance, reduced noise transmission and resistance to termites, rot and vermin. The best insulation against low temperatures is perlite. A lightweight, fire-resistant, insulating concrete that is perfect for roof decks and other applications is created when perlite is utilized as an aggregate in concrete.
In addition, Perlite is also used as an aggregate in plasters made of gypsum and Portland cement (green plaster), which protects beams and columns from fire in external applications. Other building uses include lightweight curtain/partition walls, noise reduction, under-floor insulation, chimney lining, paint texturing, ceiling tiles and roof insulation boards. Expanded perlite-based concrete is known as perlicon. The presence of two to six percent mixed water causes the expansion.
The COVID-19 pandemic had a wide-ranging effect on the world market for thermal insulation. Due to lockdowns, supply chain disruptions and labor shortages, the construction industry, a significant user of thermal insulation materials, experienced short-term disturbances that resulted in project delays and decreased demand.
Additionally, the pandemic's economic unpredictability caused several development projects to be delayed or neglected which harmed market expansion. However, in the long run, the pandemic highlighted the significance of energy efficiency and indoor environmental quality. People are spending more time indoors, thus there is a greater emphasis on modernizing and retrofitting buildings with higher insulation to promote comfort and save energy expenses.
The demand for thermal insulation materials has increased as a result of government stimulus programs, green building incentives and energy-efficient rehabilitation incentives. As the world recovers from the pandemic, this shift towards sustainability and energy efficiency is anticipated to fuel the thermal insulation market's growth.
Furthermore, many insulation material producers experienced operating difficulties, such as personnel shortages and closures. It affected production capabilities and occasionally resulted in material shortages, which had an impact on lead times and cost. The pandemic also spurred remote work and digitalization, which raised demand for sophisticated insulation technologies used in smart and sustainable building solutions.
The global thermal insulation market has witnessed substantial impacts from the Russia-Ukraine conflict. Initially, the conflict created challenges in transporting the essential raw materials needed for thermal insulation production. Mineral wool, a crucial component of insulating products, is one of the elements that Ukraine is a major provider produces.
Additionally, manufacturers globally have been hampered by the unpredictability of these commodities' availability and cost due to the instability in the region. It has therefore increased the price of insulating materials and reduced the market's ability to stay competitive. Increased demand for thermal insulation materials has been sparked by Europe's significant investments in energy efficiency.
The globally thermal insulation market will be affected by this increasing demand in both the short and long terms, with chances for growth in the European region and potential changes to supply chains internationally. Overall, the Russia-Ukraine conflict has increased market instability and unpredictability for thermal insulation, highlighting the significance of industry participants' diversification and adaptation.
The major global players in the market include: Johns Manville Corporation, Saint-Gobain S.A., BASF SE, Kingspan Group plc, Knauf Insulation, Inc., Owens Corning, Huntsman Corporation, Rockwool International A/S, Firestone Building Products Company and Cabot Corporation.
The global thermal insulation market report would provide approximately 77 tables, 84 figures and 216 Pages.
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