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Thin Insulation Market by Type (Sheets & Films, Vacuum Insulation Panels, Coatings), Material (Metals, Aersgels, Silica), Application (Building Thermal Insulation, Pipe Coating Insulation, Thermal Packaging), and by Region - Global Trends & Forecasts to 2021

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Date: 18-Jul-2016
No. of pages: 163
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“The thin insulation market is projected to register a CAGR of 5.8%”

The market size of thin insulation is projected to reach USD 2.12 billion by 2021, registering a CAGR of 5.8% between 2016 and 2021. Increasing demand from applications such as building thermal insulation and automotive is the major driver for the thin insulation market. The automotive segment is expected to rise significantly in the growing economies of Asia-Pacific such as, China, India, and other developing countries.

Building thermal insulation and automotive are the fastest-growing applications of thin insulation

Building thermal insulation and automotive are the fastest-growing applications of thin insulation. Thin insulation is used widely in the oil & gas and construction industries. Less space consumption, toughness, and excellent lightweight characteristics of thin insulation enhances the growth of the building thermal insulation and automotive applications. Thin insulation protects pipes from corrosion and increase their durability and weight saving capability.

North America is projected to be the largest market by 2021

North America is projected to be the largest thin insulation market by 2021 due to the presence of numerous key companies in the region. Increased focus on energy-efficient buildings, stringent requirements for insulation, and new building codes have generated awareness about building insulation in the region that are also the major factors influencing the thin insulation demand in the region.

Asia-Pacific is the fastest-growing market for thin insulation globally with China being the largest as well as fastest-growing country in the region. Increasing rural to urban migrations in the region are stimulating the housing construction demand in urban areas; consequently increasing the market size of the thin insulation materials. The growing construction sector (residential and non-residential) and advances in process manufacturing are some of the key drivers for the market in Asia-Pacific. Countries such as India, Indonesia, and China are expected to witness high growth in the thin insulation market, supported by increasing demand from the building &construction industry.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided in three categories: by company type, designation, and region.


  • By Company Type- Tier 1- 40%, Tier 2- 25%, and Tier 3- 35%

  • By Designation- C-levels- 30%, Researchers- 40%, and Presidents- 30%

  • By Region- North America- 45%, Europe- 22%, Asia-Pacific- 17%, andRoW- 16%


The report also includes company profiles and competitive strategies adopted bythe major market players such as The Dow Corning Corporation (U.S.), Actis Insulation (U.K.), BASF Polyurethanes GmbH (Germany), and Kingspan Insulation Ltd. (U.K.).

Reasons to buy the report:


  • To understand the global, regional, and national scenarios.

  • To understand the market trends and dynamics along with key drivers

  • To identify the present and upcoming market opportunities

  • To identify the potential markets in various regions for thin insulation

  • To track the recent developments in the thin insulation market

  • To understand the competitive background of the industry and positioning of participants in the market

Thin Insulation Market by Type (Sheets & Films, Vacuum Insulation Panels, Coatings), Material (Metals, Aersgels, Silica), Application (Building Thermal Insulation, Pipe Coating Insulation, Thermal Packaging), and by Region - Global Trends & Forecasts to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Thin Insulation Market
4.2 Thin Insulation Market, By Type
4.3 Thin Insulation Market Share, 2015
4.4 Thin Insulation: Market Attractiveness
4.5 Thin Insulation Market: Developing vs Developed Nations
4.6 Lifecycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Material
5.2.3 By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Infrastructure Development Activities in Asia-Pacific Driving the Market
5.3.1.2 A Thinner and Lighter Alternative
5.3.2 Restraints
5.3.2.1 High Capital Costs
5.3.3 Opportunities
5.3.3.1 Potential Substitute for Conventional Insulation Materials
5.3.4 Challenges
5.3.4.1 Withdrawal From Kyoto Protocol

6 Industry Trends
6.1 Introduction
6.2 Supply-Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Bargaining Power of Suppliers
6.3.2 Threat of New Entrants
6.3.3 Threat of Substitutes
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Rivalry

7 Thin Insulation Market, By Type
7.1 Introduction
7.2 Sheets & Films
7.3 Vacuum Insulation Panels (VIP)
7.4 Coatings
7.5 Foils
7.6 Foams
7.7 Others

8 Thin Insulation Market, By Material
8.1 Introduction
8.2 Market Size & Projection
8.3 Aerogels
8.4 Silica Aerogels
8.5 Metals
8.6 Plastic Foams
8.7 Fiberglass
8.8 Others

9 Thin Insulation Market, By Application
9.1 Introduction
9.2 Building Thermal Insulation
9.3 Thermal Packaging
9.4 Automotive
9.5 Wires & Cables
9.6 Pipe Coatings
9.7 Others

10 Thin Insulation Market, Regional Analysis
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Malaysia
10.2.6 Thailand
10.2.7 Indonesia
10.2.8 Rest of Asia-Pacific
10.3 North America
10.3.1 U.S.
10.3.2 Mexico
10.3.3 Canada
10.4 Europe
10.4.1 Western Europe
10.4.1.1 Germany
10.4.1.2 U.K.
10.4.1.3 France
10.4.1.4 Rest of Western Europe
10.4.2 Central & Eastern Europe
10.4.2.1 Russia
10.4.2.2 Turkey
10.4.2.3 Poland
10.4.2.4 Rest of Central & Eastern Europe
10.5 South America
10.5.1 Brazil
10.5.2 Rest of South America
10.6 Middle East & Africa

11 Competitive Landscape
11.1 Introduction
11.2 New Product Launches: the Most Popular Growth Strategy
11.3 Maximum Developments in Europe, 2011–2016
11.4 Competitive Situation and Trends
11.4.1 New Product Launch
11.4.2 Agreement/Collaboration
11.4.3 Merger & Acquisition
11.4.4 Expansion, 2011–2016
11.4.5 Joint Venture

12 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
12.1 BASF Polyurethanes GmbH
12.2 DOW Corning
12.3 Kingspan Insulation
12.4 The DOW Chemical Company
12.5 Actis Insulation Ltd.
12.6 Owens Corning
12.7 Johns Manville
12.8 Celotax Saint Gobain
12.9 Huntsman Corporation
12.10 Xtratherm
12.11 Rockwool Group

*Details Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Knowledge Store: Marketsandmarkets Subscription Portal
13.5 Available Customizations
13.6 Related Reports

List of Tables

Table 1 Thin Insulation Market, By Type
Table 2 Thin Insulation Market, By Material
Table 3 Thin Insulation Market, By Application
Table 4 Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 5 Sheets & Films Market Size, By Region, 2014–2021 (USD Million)
Table 6 Vacuum Insulation Panels Market Size, By Region, 2014–2021 (USD Million)
Table 7 Coatings Market Size, By Region, 2014–2021 (USD Million)
Table 8 Foils Market Size, By Region, 2014–2021 (USD Million)
Table 9 Foams Market Size, By Region, 2014–2021 (USD Million)
Table 10 Others Market Size By Region, 2014–2021 (USD Million)
Table 11 Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 12 Aerogels Market Size, By Region, 2014–2021 (USD Million)
Table 13 Silica Aerogels Market Size, By Region, 2014–2021 (USD Million)
Table 14 Metals Market Size, By Region, 2014–2021 (USD Million)
Table 15 Plastic Foams Market Size, By Region, 2014–2021 (USD Million)
Table 16 Fiberglass Market Size, By Region, 2014–2021 (USD Million)
Table 17 Others Market Size, By Region, 2014–2021 (USD Million)
Table 18 Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 19 Thin Insulation Market Size in Building Thermal Insulation, By Region, 2014–2021 (USD Million)
Table 20 Thin Insulation Market Size in Thermal Packaging, By Region,  2014–2021 (USD Million)
Table 21 Thin Insulation Market Size in Automotive, By Region,  2014–2021 (USD Million)
Table 22 Thin Insulation Market Size in Wires & Cables, By Region,  2014–2021 (USD Million)
Table 23 Thin Insulation Market Size in Pipe Coatings, By Region,  2014–2021 (USD Million)
Table 24 Thin Insulation Market Size in Other Applications, By Region,  2014–2021 (USD Million)
Table 25 Thin Insulation Market Size, By Region, 2014–2021 (USD Million)
Table 26 Asia-Pacific: Thin Insulation Market Size, By Country,  2014–2021 (USD Million)
Table 27 Asia-Pacific: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 28 Asia-Pacific: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 29 Asia-Pacific: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 30 China: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 31 China: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 32 China: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 33 India: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 34 India: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 35 India: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 36 Japan: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 37 Japan: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 38 Japan: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 39 South Korea: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 40 South Korea: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 41 South Korea: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 42 Malaysia: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 43 Malaysia: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 44 Malaysia: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 45 Thailand: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 46 Thailand: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 47 Thailand: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 48 Indonesia: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 49 Indonesia: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 50 Indonesia: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 51 Rest of Asia-Pacific: Thin Insulation Market Size, By Type,  2014–2021 (USD Million)
Table 52 Rest of Asia-Pacific: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 53 Rest of Asia-Pacific: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 54 North America: Thin Insulation Market Size, By Country,  2014–2021 (USD Million)
Table 55 North America: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 56 North America: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 57 North America: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 58 U.S.: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 59 U.S.: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 60 U.S.: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 61 Mexico: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 62 Mexico: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 63 Mexico: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 64 Canada: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 65 Canada: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 66 Canada: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 67 Europe: Thin Insulation Market Size, By Country, 2014–2021 (USD Million)
Table 68 Europe: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 69 Europe: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 70 Europe: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 71 Germany: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 72 Germany: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 73 Germany: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 74 U.K.: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 75 U.K.: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 76 U.K.: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 77 France: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 78 France: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 79 France: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 80 Rest of Western Europe: Thin Insulation Market Size, By Type,  2014–2021 (USD Million)
Table 81 Rest of Western Europe: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 82 Rest of Western Europe: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 83 Russia: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 84 Russia: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 85 Russia: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 86 Turkey: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 87 Turkey: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 88 Turkey: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 89 Poland: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 90 Poland: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 91 Poland: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 92 Rest of Central & Eastern Europe: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 93 Rest of Central & Eastern Europe: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 94 Rest of Central & Eastern Europe: Thin Insulation Market Size,  By Application, 2014–2021 (USD Million)
Table 95 South America: Thin Insulation Market Size, By Country,  2014–2021 (USD Million)
Table 96 South America: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 97 South America: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 98 South America: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 99 Brazil: Thin Insulation Market Size, By Type, 2014–2021 (USD Million)
Table 100 Brazil: Thin Insulation Market Size, By Material, 2014–2021 (USD Million)
Table 101 Brazil: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 102 Rest of South America: Thin Insulation Market Size, By Type,  2014–2021 (USD Million)
Table 103 Rest of South America: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 104 Rest of South America: Thin Insulation Market Size, By Application,  2014–2021 (USD Million)
Table 105 Middle East & Africa: Thin Insulation Market Size, By Type,  2014–2021 (USD Million)
Table 106 Middle East & Africa: Thin Insulation Market Size, By Material,  2014–2021 (USD Million)
Table 107 Middle East & Africa: Thin Insulation Market Size, By Application, 2014–2021 (USD Million)
Table 108 New Product Launch, 2011–2016
Table 109 Agreement/Collaboration, 2011–2016
Table 110 Merger & Acquisition, 2011–2016
Table 111 Expansion, 2011–2016
Table 112 Joint Venture, 2011-2016

List of Figures

Figure 1 Thin Insulation Market Segmentation
Figure 2 Thin Insulation Market: Research Design
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Data Triangulation Methodology
Figure 6 Asia-Pacific is the Fastest Growing Market for Thin Insulation Between 2016-2021
Figure 7 Building Thermal Insulation is the Fastest-Growing Application of Thin Insulation Market, 2016–2021 (USD Million)
Figure 8 Foams Segment to Account for Largest Share in North America During Forecast Period
Figure 9 Plastic Foams Segment to Dominate the Thin Insulation Market During Forecast Period
Figure 10 Significant Growth in the Thin Insulation Market
Figure 11 Foams to Be the Fastest-Growing Segment in Thin Insulation Market Between 2016 and 2021
Figure 12 Building Thermal Insulation Application Accounted for the Largest Share in the Thin Insulation Market in 2015
Figure 13 Thin Insulation Market to Register High Growth in Emerging Economies Between 2016 and 2021
Figure 14 U.S. to Emerge as A Lucrative Market for Thin Insulation Between  2016 and 2021
Figure 15 High Growth Potential in the Asia-Pacific Region for Thin Insulation
Figure 16 Drivers, Restraints, Opportunities, and Challenges in the Thin Insulation Market
Figure 17 Supply-Chain Analysis of the Thin Insulation Market
Figure 18 Porter’s Five Forces Analysis
Figure 19 Foams Dominates the Thin Insulation Market, 2016–2021
Figure 20 Asia-Pacific is the Fastest-Growing Market for Sheets & Films Segment, 2016-2021
Figure 21 Asia-Pacific: Fastest-Growing Market for Vacuum Insulation Panels, 2016 vs 2021
Figure 22 Europe to Dominate the Thin Insulation Market for Coatings Segment, 2016-2021
Figure 23 Asia-Pacific is the Fastest-Growing Thin Insulation Market for Foils Segment, 2016-2021
Figure 24 Foams is A High Growth Market for Thin Insulation in Asia-Pacific
Figure 25 Aerogels Dominates the Thin Insulation Market
Figure 26 North America Dominates Aerogels Segment of Thin Insulation Market, 2016–2021
Figure 27 Europe Dominates Silica Aerogels Segment of Thin Insulation Market, 2016–2021
Figure 28 North America is the Largest Market for Metals Segment, 2021
Figure 29 Asia-Pacific to Register Highest Growth in Plastic Foams Segment of Thin Insulation Market, 2016–2021
Figure 30 Europe Dominated Fiberglass Segment of Thin Insulation Market in 2016
Figure 31 Building Thermal Insulation Expected to Drive Thin Insulation Market, 2016 vs 2021
Figure 32 North America: Largest Market for Thin Insulation in Building Thermal Insulation Application, 2021
Figure 33 Asia-Pacific: Fastest-Growing Market for Thin Insulation in Thermal Packaging Application
Figure 34 Asia-Pacific: Fastest-Growing Market for Thin Insulation in Automotive Application
Figure 35 North America: Largest Market for Thin Insulation in Wires & Cables Application, By 2021
Figure 36 Asia-Pacific: Fastest-Growing Market of Thin Insulation in Pipe Coatings Application, 2016-2021
Figure 37 Rapidly Growing Markets are Emerging as New Strategic Locations, 2016–2021
Figure 38 Asia-Pacific Market Snapshot: China A Lucrative Market for Thin Insulation
Figure 39 North America Thin Insulation Market Snapshot: U.S. is the Most Lucrative Market for Thin Insulation
Figure 40 Europe Market Snapshot: Germany Was A Lucrative Thin Insulation Market, 2015
Figure 41 South America Market Snapshot: Brazil is A Lucrative Market for Thin Insulation
Figure 42 Middle East & Africa Market Snapshot
Figure 43 Companies Primarily Adopted Inorganic Growth Strategies  (2011–2016)
Figure 44 New Product Launch Was the Most Popular Strategy Adopted Between 2011 and 2016
Figure 45 Europe Dominated the Thin Insulations Market, in Terms of Development Activities, in 2014
Figure 46 BASF Polyurethanes GmbH: Company Snapshot
Figure 47 DOW Corning: Company Snapshot
Figure 48 DOW Corning: SWOT Analysis
Figure 49 Kingspan Insulation: Company Snapshot
Figure 50 Kingspan : SWOT Analysis
Figure 51 The DOW Chemical Company : Company Snapshot
Figure 52 The DOW Chemical Company: SWOT Analysis
Figure 53 Owens Corning: Company Snapshot
Figure 54 Huntsman Corporation: Company Snapshot
Figure 55 Rockwool Group: Company Snapshot

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