Polyisocyanurate insulation is a closed-cell foam insulation more often used for roof and wall assemblies in residential and commercial sectors. It is formed by the combination of two basic liquid chemicals, isocyanurate and polyol in the presence of a catalyst, a blowing agent, flame retardants and possibly other agents.
Market Analysis and Insights: Global Polyisocyanurate Insulation Market
Due to the COVID-19 pandemic, the global Polyisocyanurate Insulation market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Spray Type accounting for % of the Polyisocyanurate Insulation global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Transport segment is altered to an % CAGR throughout this forecast period.
Insulation in transportation industry is projected to register significant growth, driven by the critical nature of insulation in safeguarding system performance in this industry, stringent energy efficiency norms, and surging demand for high temperature insulation materials. The United States represents the largest market worldwide, followed by Europe. The growing demand for thermal insulation materials that aid in minimizing energy consumption and maximizing energy efficiency of industrial systems and processes and stringent energy efficiency regulations represent primary growth drivers for Polyisocyanurate insulation across the globe.
Global Polyisocyanurate Insulation Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyisocyanurate Insulation Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Spray Type
Foam/Board Type
Segment by Application
Transport
Consumer Appliances
Building & Construction
Others
By Company
BASF
DowDuPont
Owens Corning
Saint-Gobain
Kingspan Group
Honeywell International
Johns Manville
Sika AG
Stepan Company
IKO Industries
GAF Materials
Knauf Insulation
Atlas Roofing Corporation
Soprema Group
Hunter Panels
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina