Roof Insulation Market - Forecast(2021 - 2026)

Report Code: CMR 0708 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Roof Insulation Market is forecast to reach $10.52 billion by 2025, after growing at a CAGR of 3.74% during 2020-2025. Due to its numerous applications, especially in the residential sector, the demand for roof insulation is predicted to register a steady rise in growth during the forecast period. Some of the typical factors which are expected to drive demand on the global market are rising new buildings, tax credits and rebates, and a strict regulatory environment. The other factors projected to boost market growth are cost efficiency and reduction of greenhouse gas emissions.

Report Coverage

The “Roof Insulation Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Roof Insulation Market.


          

Key Takeaways

  • Keeps the house warmer in winter and cooler in summer reduces bills for gas and electricity and reduces noise from outside and helps to reduce the carbon footprint in houses.
  • This helps to reduce noise pollution, improve comfort reduces energy costs and maintains a healthy atmosphere. In line with the structural deck and membrane, insulation has become an important part of the roof assembly and functions.
  • In addition, increased demand for insulating materials in extreme weather countries would lead to the development of the global market for roof insulation.
  • Many vendors and research institutes are developing new sheets of polyurethane foam for various roofing applications, such as photo cross-linkable polyurethane.

Type - Segment Analysis

Batts & Rolls segment held the largest share in the Roof Insulation Market in 2018. This provides adequate insulation, is cost-effective and easy to use. Batt insulation in the form of pre-cut panels and rolls is available Simple integration between studs and joists blocks is made without gaps due to its versatility. Batts & rolls roof insulation is capable of reducing the amount of energy required for cooling and heat insulation of the home by 50 percent. Because of its advantages, it will fuel market demand over the forecast period.

Material - Segment Analysis

Glass wool segment held the largest share in the Roof Insulation Market in 2018. This market segment's growth is due to its highly preferred roof insulation material globally, and its growth is expected to continue in the near future. In addition to excellent mechanical and thermal properties, it is non-degradable, less toxic and non-combustible. Likewise, with regard to their specific uses, glass wool and flat roof are expected to set the tone, respectively, for the material and roof insulation markets.

Application - Segment Analysis

Pitched Roof segment has been the primary market for Roof Insulation for many years is growing at a CAGR of 4.87%. This pitched roof has advantages over others such as superior performance insulation, economical, durable, ecological, easy and fast installation.

Geography - Segment Analysis

APAC dominated the Roof Insulation Market share with more than 45%, followed by North America and Europe. The global market for roof insulation gives rise to environmental concerns regarding buildings and energy savings in countries such as China and India. The expansion of the construction industry in the developing world, such as APAC, leads to the development of the demand for roof insulation. The construction industry in the Asia Pacific is worth $4.95 trillion (excluding India) and, according to ENG Cranes, is expected to reach $5.45 trillion by 2021. APAC's healthy economic growth had increased the region's construction activities. Further, enhances the overall growth of the market.

Drivers – Roof Insulation Market                                                      

  • Increasing demand for residential and commercial applications.

Due to its numerous applications, particularly in the residential sector, the roof insulation market is predicted to record steady growth during the forecast period. The factors which are projected to boost market growth are cost efficiency and reduction of greenhouse gas emissions. The market for roof insulation tops demand in residential and commercial applications by providing critical benefits such as noise cancellation, reduction in carbon footprint and power and gas bills, and preservation of optimal room temperature in warmer and colder seasons. Isolation forms an important element of roof assemblies and is required to work in conjunction with membrane and structural decks. Nonetheless, growth opportunities resulting from various roof insulation technologies and types are expected to help players heave a sigh of relief. With the ability to curb energy use for heating (heat retention) or cooling purposes by approximately 50% in a residential setting, batts and rolls are considered to be a leading segment of the product type.

Challenges – Roof Insulation Market

  • Availability of alternatives roofing

Asphalt shingles roofing has emerged as a highly popular option for constructing roofs due to their low installation costs. These roofs are, however, vulnerable to extreme weather conditions and their manufacturing process also results in the release of harmful effluents. Moreover, the recycling process of demolished shingles is a costly affair leading to huge landfills of asphalt waste. The ensuing threat to the environment is quite high with the use of such roofing systems. Alternatively, green roofing, metal roofing, synthetic fiber roofing, and others can be included in the roof-building process to create durable, eco-friendly, and weather-resistible roofs. A major concern affecting the construction industry is the shortage of skilled labor, which also has a negative impact on the roofing industry. Major companies within the industry are training employees and also increasing pay scales in a bid to target competent and well-trained workers.

Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Roof Insulation Market. In 2018, the market of Roof Insulation has been consolidated by the top five players accounting for xx% of the share. Major players in the Roof Insulation Market BASF SE, Rockwool International A/S, Berkshire Hathaway, Inc., Paroc Group, Owens Corning Corporation, GAF, Knauf Insulation, Beijing New Building Material (Group) Co., Ltd., Kingspan Group PLC, Saint-Gobain S.A, among others.

Acquisitions/Technology Launches

  • In May 2016, Saint-Gobain S.A. acquired Buitex Industries (France) for Specializing in the production of wood fiber insulation products for the markets of France and in Europe. The investment also helped to extend the range of solutions for multi-material insulation.
  • In July 2015, Owens Corning announced the opening of a new facility for the production of Thermafiber mineral wool insulation for commercial, residential and industrial applications in Joplin, USA.

 

1. Roof Insulation Market- Market Overview
    1.1  Definitions and Scope
2. Roof Insulation Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by the Company
    2.2 Key trends by Type
    2.3 Key trends by Material
    2.4 Key trends by Application
    2.5 Key trends segmented by Geography
3. Roof Insulation Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Roof Insulation Market - Startup companies Scenario Premium Premium  
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5  Venture Capital and Funding Scenario
5. Roof Insulation Market – Industry Market Entry Scenario Premium Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Roof Insulation Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Roof Insulation Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product life cycle
    7.4 Suppliers and distributors Analysis
8. Roof Insulation Market  – By Type (Market Size -$Million, KT)
    8.1 Introduction
    8.2 Batts & Rolls
    8.3 Rigid Insulation
    8.4 Reflective systems
    8.5 Others
9. Roof Insulation Market  – By Material (Market Size -$Million, KT)
    9.1 Introduction
    9.2 Glass Wool
    9.3 Stone Wool
    9.4 Plastic Wool
    9.5 Others
10. Roof Insulation Market  – By Application  (Market Size -$Million, KT)
    10.1 Introduction
    10.2 Falt Roof
    10.3 Pitched Roof
    10.4  Others
11. Roof Insulation Market  -  By Geography (Market Size -$Million, KT)
    11.1 North America
        11.1.1 U.S
        11.1.2 Canada
        11.1.3 Mexico
    11.2  South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Colombia
        11.2.4 Rest of South America
    11.3 Europe
        11.3.1 UK
        11.3.2 Germany
        11.3.3 Italy
        11.3.4 France
        11.3.5 Spain
        11.3.6 Russia
        11.3.7 Rest of Europe
    11.4 Asia-Pacific
        11.4.1 China
        11.4.2 Japan
        11.4.3 India
        11.4.4 South Korea
        11.4.5 Rest of APAC
    11.5 Middle East
        11.5.1 Israel
        11.5.2 Saudi Arabia
        11.5.3 UAE
        11.5.4 Rest of Middle East
    11.6 Africa
        11.6.1 South Africa
        11.6.2 Nigeria
        11.6.3 Rest of Africa
12. Roof Insulation Market  – Entropy
    12.1 New product launches
    12.2 M&A's, collaborations, JVs and partnerships
13. Roof Insulation Market – Industry / Segment Competition landscape Premium Premium
    13.1 Market Share Analysis
    13.2 Market Share by Country- Top companies
    13.3  Market Share by Region- Top companies
    13.4 Market Share by type of Application – Top companies
    13.5 Market Share by type of Product / Product category- Top companies
    13.6 Market Share at global level- Top companies 
    13.7 Best Practices for companies
14. Roof Insulation Market  - List of Key Companies by Country Premium  
15. Roof Insulation Market  - Company Analysis
    15.1 Market Share, Company Revenue, Products, M&A, Developments
    15.2 Company 1
    15.3 Company 2
    15.4 Company 3
    15.5 Company 4 
    15.6 Company 5
    15.7 Company 6
    15.8 Company 7
    15.9 Company 8
    15.10 Company 9
    15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
16. Roof Insulation Market  –Appendix
    16.1 Abbreviations
    16.2 Sources
17. Roof Insulation Market  -Methodology Premium Premium  
    17.1 Research Methodology
    17.2 Company Expert Interviews
    17.3 Industry Databases
    17.4 Associations
    17.5 Company News
    17.6 Company Annual Reports
    17.7 Application Trends
    17.8 New Products and Product database
    17.9 Company Transcripts
    17.10 R&D Trends
    17.11 Key Opinion Leaders Interviews
    17.12 Supply and Demand Trends