Industrial Insulation Market by Product and Application - Global Industry Analysis and Forecast To 2023
Published On : December 2017 Pages : 98 Category: Advanced Materials Report Code : CM12409
Industry Outlook and Trend Analysis
The Industrial Insulation Market was worth USD 10.38 billion in the year 2017 and is expected to reach approximately USD 17.90 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.24% during the forecast period. Usage of thermal protection materials help in noise reduction, increasing process efficiency, freeze protection, condensation control, and lessening in environmental contamination. Government activities to advance energy effectiveness and feasible improvement through insulation advances are expected to drive the market. The selection of a specific material is for the most part affected by elements, for example, service & maintenance, fire protection, operating temperature, fire security, vibration, and physical stress. It is valuable for lessening heat loss, which happens amid assembling and upkeep exercises completed in the operational facility. Decreased environmental effect, enhanced process security, and protection of personnel at the operating end are advantages which are probably going to goad the interest for these products. Convenient accessibility in different structures, for example, flexible blankets, flexible sheets, pre-formed shapes, and boards, rigid blocks, foams, and sheets is slated to play a key part in making a more extensive acknowledgment of these materials in a few applications.
Product Outlook and Trend Analysis
Foamed Plastic, named XPS and EPS, is anticipated to encounter a quick development attributable to its applications in equipment functioning under below-ambient temperatures, ducts, on account of its high compressive quality, and so on. Glass Wool, because of its highlights, for example, low moisture absorption, reduced energy consumption, personnel safety and easy installation, is used for expansion joints, insulating heat exchangers, and other industrial hardware. Stone wool is gaining prominence inferable from its benefits, for example, dimensional stability, high chemical resistance, sufficient heat isolation, fire safety, vapor porousness; empowering its applications in the insulation of industrial boilers, tanks, and vessels, with associated advantages of surface temperature minimization and heat loss protection. Aerogel is considered as the lightest strong material, when contrasted with different materials. It is perceived for its highlights, for example, reduction of jacketing, banding and reduction of jacketing, and so on. It is used for huge bore-piping, vessels, and so on.
Application Outlook and Trend Analysis
Petrochemical and Refineries is probably going to rise as the biggest and in addition speediest application fragment. Power generation is foreseen to develop as the second speediest application section. Insulation plays a critical part in warm thermal power generation. They advantage by encouraging heat-loss reduction, production, creation, energy conservation, personal and equipment safety alongside expanding financial advantages. Petrochemical sector experiences three major obstacles, i.e. loss of heat in thermal transmission, the consumption of materials and dangers emerging out of unintentional breaks and spills. These plants are insulated for advantages, for example, heat gain/loss reduction, efficient operation of equipment or chemical reaction, energy conservation, maintaining a uniform temperature, condensation prevention, etc.
Regional Outlook and Trend Analysis
The requirement in North America is probably going to be activated because of rising applications in fabricated board, pipe & tubing, and so on. The industrial insulation in Europe is engaged towards accomplishing critical energy saving and emanations alleviation potential coming about out of the enhanced warm protection in EU27. This potential is as of now unexploited in spite of the fact that being cost-effective and this factor is slated to assume a key part in more extensive use of industrial products in different end use businesses. In Asia Pacific in nations such as Japan, China, India, and so forth, rising awareness concerning the advantages of thermal isolation to accomplish energy efficiency, together with expanding vitality costs, have set off the demand of the product.
Competitive Insights
The leading players in the market are Paroc Group Oy, TechnoNICOL, Roxul Rockwool Technical Insulation and Knauf. These organizations have emerged as leading players in the manufacturing and supply of products. With a goal to serve a gigantic industry base, they are also trying to enlarge their product portfolio by concentrating on creating cost-effective material with improved properties.
The Industrial Insulation Market is segmented as follows-
By Product:
- Stone wool
- CMS Fibers
- Cellular Glass
- Elastomeric Foam
- Aerogel
- Glass wool
- Calcium silicate
- Foamed Plastic
- Perlite
- Micro Silics
- Others
By Application:
- Petrochemical & Refineries
- LNG/LPG
- Power Generation
- EIP Industries
- Others
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
Market Classification
- Industrial Insulation Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
- CMS Fibers
- Calcium silicate
- Cellular Glass
- Foamed Plastic
- Stone wool
- Glass wool
- Elastomeric Foam
- Perlite
- Aerogel
- Micro Silica
- Industrial Insulation
- Industrial Insulation Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
- EIP Industries
- LNG/LPG
- Power Generation
- Petrochemical & Refineries
- Other Application
- Industrial Insulation Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
- North America
- North America Industrial Insulation Market, By Country
- North America Industrial Insulation Market, By Product
- North America Industrial Insulation Market, By Application
- U.S. Industrial Insulation Market, By Product
- U.S. Industrial Insulation Market, By Application
- Canada Industrial Insulation Market, By Product
- Canada Industrial Insulation Market, By Application
- Mexico Industrial Insulation Market, By Product
- Mexico Industrial Insulation Market, By Application
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- Europe
- Europe Industrial Insulation Market, By Country
- Europe Industrial Insulation Market, By Product
- Europe Industrial Insulation Market, By Application
- Germany Industrial Insulation Market, By Product
- Germany Industrial Insulation Market, By Application
- France Industrial Insulation Market, By Product
- France Industrial Insulation Market, By Application
- UK Industrial Insulation Market, By Product
- UK Industrial Insulation Market, By Application
- Italy Industrial Insulation Market, By Product
- Italy Industrial Insulation Market, By Application
- Spain Industrial Insulation Market, By Product
- Spain Industrial Insulation Market, By Application
- Rest of Europe Industrial Insulation Market, By Product
- Rest of Europe Industrial Insulation Market, By Application
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- Asia-Pacific
- Asia-Pacific Industrial Insulation Market, By Country
- Asia-Pacific Industrial Insulation Market, By Product
- Asia-Pacific Industrial Insulation Market, By Application
- Japan Industrial Insulation Market, By Product
- Japan Industrial Insulation Market, By Application
- Australia Industrial Insulation Market, By Product
- Australia Industrial Insulation Market, By Application
- India Industrial Insulation Market, By Product
- India Industrial Insulation Market, By Application
- South Korea Industrial Insulation Market, By Product
- South Korea Industrial Insulation Market, By Application
- Rest of Asia-Pacific Industrial Insulation Market, By Product
- Rest of Asia-Pacific Industrial Insulation Market, By Application
- Asia-Pacific
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- Rest of the World
- Rest of the World Industrial Insulation Market, By Country
- Rest of the World Industrial Insulation Market, By Product
- Rest of the World Industrial Insulation Market, By Application
- Brazil Industrial Insulation Market, By Product
- Brazil Industrial Insulation Market, By Application
- South Africa Industrial Insulation Market, By Product
- South Africa Industrial Insulation Market, By Application
- Saudi Arabia Industrial Insulation Market, By Product
- Saudi Arabia Industrial Insulation Market, By Application
- Turkey Industrial Insulation Market, By Product
- Turkey Industrial Insulation Market, By Application
- United Arab Emirates Industrial Insulation Market, By Product
- United Arab Emirates Industrial Insulation Market, By Application
- Others Industrial Insulation Market, By Product
- Others Industrial Insulation Market, By Application
- Rest of the World
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Industrial Insulation Market, By Product
4.1. Introduction
4.2. Industrial Insulation Market Assessment and Forecast, By Product, 2017-2023
4.3. CMS Fibers
4.3.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.4. Calcium silicate
4.4.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.5. Cellular Glass
4.5.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.6. Foamed Plastic
4.6.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.7. Stone wool
4.7.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.8. Glass wool
4.8.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.9. Elastomeric Foam
4.9.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.10. Perlite
4.10.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.11. Aerogel
4.11.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.12. Micro Silica
4.12.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.13. Industrial Insulation
4.13.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5. Industrial Insulation Market, By Application
5.1. Introduction
5.2. The Industrial Insulation Market Assessment and Forecast, By Application, 2017-2023
5.3. EIP Industries
5.3.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.4. LNG/LPG
5.4.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.5. Power Generation
5.5.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.6. Petrochemical & Refineries
5.6.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.7. Other Application
5.7.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6. Industrial Insulation Market, By Region
6.1. Introduction
6.2. Industrial Insulation Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. North America
6.3.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.3.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.3.4. U.S.
6.3.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.3.5. Canada
6.3.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.5.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.3.6. Mexico
6.3.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4. Europe
6.4.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.4.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.4. Germany
6.4.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.5. France
6.4.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.5.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.6. UK
6.4.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.7. Italy
6.4.7.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.7.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.8. Spain
6.4.8.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.8.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.9. Rest of Europe
6.4.9.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.9.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5. Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.5.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.4. Japan
6.5.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.5. China
6.5.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.6. Australia
6.5.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.7. India
6.5.7.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.8. South Korea
6.5.8.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.9. Rest of Asia-Pacific
6.5.9.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6. Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.6.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.4. Brazil
6.6.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.5. Turkey
6.6.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.6. Saudi Arabia
6.6.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.7. South Africa
6.6.7.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.8. United Arab Emirates
6.6.8.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.9. Others
6.6.9.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
7. Company Profiles
7.1. Aspen Aerogels, Inc.
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Morgan Thermal Ceramics
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.3. Rockwool Technical Insulation
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. NICHIAS Corporation
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.5. Cabot Corporation
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Key Financials
7.5.4. Strategic Developments
7.6. Morgan Thermal Ceramics
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Knauf Gips KG
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8. Paroc
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Key Financials
7.8.4. Strategic Developments
7.9. Pittsburgh Corning
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Key Financials
7.9.4. Strategic Developments
7.10. BASF SE
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.11. Kingspan Industrial Insulation Ltd.
7.11.1. Business Overview
7.11.2. Product Portfolio
7.11.3. Strategic Developments
7.12. Pacor, Inc.
7.12.1. Business Overview
7.12.2. Product Portfolio
7.12.3. Key Financials
7.12.4. Strategic Developments
List of Tables
Table 1.Global Industrial Insulation Market, By Product ($Million), 2017-2023
Table 2.CMS Fibers Market, By Region ($Million), 2017-2023
Table 3.Calcium silicate Market, By Region ($Million), 2017-2023
Table 4.Cellular Glass Market, By Region ($Million), 2017-2023
Table 5.Foamed Plastic Market, By Region ($Million), 2017-2023
Table 6.Stone wool Market, By Region ($Million), 2017-2023
Table 7.Glass wool Market, By Region ($Million), 2017-2023
Table 8.Elastomeric Foam Market, By Region ($Million), 2017-2023
Table 9.Perlite Market, By Region ($Million), 2017-2023
Table 7.Aerogel Market, By Region ($Million), 2017-2023
Table 8.Micro Silica Market, By Region ($Million), 2017-2023
Table 9.Industrial Insulation Market, By Region ($Million), 2017-2023
Table 10.Global Industrial Insulation Market, By Application ($Million), 2017-2023
Table 11.EIP Industries Market, By Region ($Million), 2017-2023
Table 12.LNG/LPG Market, By Region ($Million), 2017-2023
Table 13.Power Generation Market, By Region ($Million), 2017-2023
Table 14.Petrochemical & Refineries Market, By Region ($Million), 2017-2023
Table 14.Other Application Market, By Region ($Million), 2017-2023
Table 15.Global Industrial Insulation Market, By Region ($Million), 2017-2023
Table 16.North America Industrial Insulation Market, By Country, 2017-2023 ($Million)
Table 17.North America Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 18.North America Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 19.U.S. Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 20.U.S. Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 21.Canada Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 22.Canada Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 23.Mexico Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 24.Mexico Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 25.Europe Industrial Insulation Market, By Country, 2017-2023 ($Million)
Table 26.Europe Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 27.Europe Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 28.Germany Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 29.Germany Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 30.France Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 27.France Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 28.UK Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 29.UK Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 30.Italy Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 31.Italy Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 32.Spain Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 33.Spain Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 34.Rest of Europe Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 35.Rest of Europe Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 36.Asia-Pacific Industrial Insulation Market, By Country, 2017-2023 ($Million)
Table 37.Asia-Pacific Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 38.Asia-Pacific Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 39.Japan Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 40.Japan Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 41.China Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 42.China Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 43.Australia Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 44.Australia Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 45.India Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 46.India Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 47.South Korea Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 48.South Korea Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 49.Rest of Asia-Pacific Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 50.Rest of Asia-Pacific Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 51.Rest of the World Industrial Insulation Market, By Country, 2017-2023 ($Million)
Table 52.Rest of the World Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 53.Rest of the World Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 54.Brazil Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 55.Brazil Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 56.Turkey Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 57.Turkey Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 58.Saudi Arabia Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 59.Saudi Arabia Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 60.South Africa Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 61.South Africa Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 62.United Arab Emirates Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 63.United Arab Emirates Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 64.Others Industrial Insulation Market, By Product, 2017-2023 ($Million)
Table 65.Others Industrial Insulation Market, By Application, 2017-2023 ($Million)
Table 66.Aspen Aerogels, Inc.: Key Strategic Developments, 2017-2017
Table 67.Morgan Thermal Ceramics: Key Strategic Developments, 2017-2017
Table 68.Rockwool Technical Insulation: Key Strategic Developments, 2017-2017
Table 69.NICHIAS Corporation: Key Strategic Developments, 2017-2017
Table 70.Cabot Corporation: Key Strategic Developments, 2017-2017
Table 71.Morgan Thermal Ceramics: Key Strategic Developments, 2017-2017
Table 72.Knauf Gips KG: Key Strategic Developments, 2017-2017
Table 73.Paroc: Key Strategic Developments, 2017-2017
Table 70.Pittsburgh Corning: Key Strategic Developments, 2017-2017
Table 71.BASF SE: Key Strategic Developments, 2017-2017
Table 72.Kingspan Industrial Insulation Ltd.: Key Strategic Developments, 2017-2017
Table 73.Pacor, Inc.: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Industrial Insulation Market Share, By Product, 2017 & 2023
Figure 2.Industrial Insulation Market, By Application, 2017, ($Million)
Figure 3.Industrial Insulation Market, By Region, 2017, ($Million)
Figure 4.BASF SE: Net Revenues, 2017-2017 ($Million)
Figure 5.BASF SE: Net Revenue Share, By Segment, 2017
Figure 6.BASF SE: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Quantitative Data (2017-2025) |
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