The OEM Insulation market is expected to grow from USD 15.49 billion in 2019 to USD 22.19 billion by 2025 at a CAGR of 6.17% from 2019 to 2025
Insulation or thermal insulation means that the product that minimizes heat gain or loss by creating a block between the surfaces that are completely different in temperature. There are numerous applications and verticals wherever insulation is used. There are various varieties of insulation within the market like SIP, sprayed foam, concrete, blanket batts and rolls, foam boards, loose fill and blown in, reflective and fibre insulation. The main sector where OEM insulations are used is the industrial sector.
The global OEM Insulation market is segregated on the basis of Material as Foamed Plastics, Mineral Wool/Fiber, and Other Insulation Materials. Based on End User the global OEM Insulation market is segmented in Industrial, Consumer, and Transportation.
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The global OEM Insulation market has been segmented as below:
By Material
Foamed Plastics
Polyurethane & polyisocyanurate foam
Expanded polystyrene (EPS) foam
Extruded polystyrene (XPS) foam
Other foams
Cellular glass/Foamed glass
Phenolic foam
Closed cell elastomeric foam
Melamine foam
Mineral Wool/Fiber
Stone wool/Rockwool
Glass wool
Slag wool
Ceramic fiber
Other Insulation Materials
Calcium silicate
Cellulose
Perlite
Aerogel
By End User
Industrial
Building & Construction
Oil & Gas/Petrochemical/LNG
Power Generation/Solar/Biomass/Hydroelectricity
Food Processing
Refrigeration
Offshore & Subsea
Others
Consumer
Cookers
Washers & dryers
Baking ovens
Barbecues
Water heaters
Air conditioning & refrigeration units
Lighting & other electronics
Transportation
Automotive
Rail & subway
Marine
Aerospace & spacecraft
By Region
North America
Europe
Asia-Pacific
Rest of the World
Competitive Rivalry
Rockwool International A/S, Johns Manville Corporation, Paroc, Aspen Aerogels Inc., Armacell International S.A., Anco Products Inc., Triumph Group Inc., Superglass Insulation Ltd., Demilec Inc., Saint-Gobain S.A., and others are among the major players in the global OEM Insulation market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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