Global External Wall Thermal Insulation Materials Market by Type (Expanded Polystyrene, Mineral Wool, Polyurethane Foam, Other), By Application (Residential Buildings, Commercial Buildings, Industrial Buildings) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global External Wall Thermal Insulation Materials Market size is projected to grow with a CAGR of 5.4% during the forecast period. The residential buildings segment is anticipated to lead the market and register an increase in demand for these products owing to the rise in awareness about energy efficiency and environmental protection among people living in urban areas.

External wall thermal insulation materials are products that are used to insulate the exterior walls of a building in order to reduce heat loss and improve energy efficiency. There are a variety of different types of external wall thermal insulation materials available, including expanded polystyrene, mineral wool, and polyurethane foam. Each type has its own unique benefits and applications. Efficient thermal insulation properties: The performance of external wall thermal insulation materials is highly efficient and has a high rate of absorbing heat, which then reduces the amount of energy used to cool down the home. This ultimately leads to lower utility costs for homeowners. Resistant to mildew growth: These types of materials are resistant against mold growth and hence can improve the durability and functional life of the home. Durable and easy to install: External wall thermal insulation materials are known for their durability and long-term performance. They are also relatively easy to install, thus reducing the need for professional installation services. Soundproofing properties: In addition to thermal insulation, external wall thermal insulation materials can also provide soundproofing for the home. This is another major advantage that can help homeowners to reduce noise pollution. Contributes toward building durability: External wall thermal insulation materials are known for their ability to provide protection against moisture penetration and other environmental problems, thus helping the building to become more durable.

On the basis of Type, the global external wall thermal insulation materials market is segmented into Expanded Polystyrene, Mineral Wool, Polyurethane Foam, and others.

Expanded Polystyrene:

Expanded Polystyrene (EPS) is a lightweight, rigid insulation material that is made from polystyrene foam. It has excellent thermal insulation properties and is used in a variety of applications, including external wall thermal insulation. EPS is available in different forms, such as beads, blocks, and panels. It can also be molded into any desired shape. The key features of Expanded Polystyrene (EPS) are as follows: It is a lightweight material that can be easily installed. EPS is an effective insulator and it helps in reducing energy consumption. It has a high thermal resistance and hence, it can withstand extreme weather conditions. EPS is available in different densities and this enables the users to choose products according to their needs. It has high compressive strength which makes it durable. EPS is non-toxic and does not release any harmful gases. It is recyclable and can be used again after being processed. Thus, Expanded Polystyrene is a versatile material that offers several benefits to the users. It helps in reducing energy consumption, withstands extreme weather conditions, is durable, non-toxic, and recyclable.

Mineral Wool:

Mineral Wool is a type of insulation made from natural minerals. It is produced by melting rock, usually basalt or slag, with a small amount of organic binder and spun into fibers. Mineral wool can be used as acoustic insulation to reduce sound transmission, as thermal insulation to prevent heat loss, or as a fire protection measure. Mineral Wool is a type of insulation that can be used in both external and internal walls. It is made from natural materials such as rock, slag, or recycled glass, and has many features that make it a popular choice for builders and homeowners. These include: It is non-combustible, meaning it will not burn. It doesn't rot, making it resistant to mold and mildew. It's also not susceptible to pests like rodents or insects. Its high compressive strength ensures that walls insulated with mineral wool are very stable. This means they won't settle over time and are less likely to experience cracking or other damage. It is environmentally friendly, as it is made from natural materials. It also recycles well, meaning that any waste product can be reused. It has a high R-value, which means it is very effective at keeping homes and buildings warm. For example, the insulation material used in exterior walls can greatly reduce heating costs during winter months while also making spaces more comfortable to live in. It has a high R-value, making it an effective insulator. R-values indicate the level of thermal resistance offered by a material. The higher the R-value, the more effective it is at keeping the heat in or out. It offers very low thermal conductivity, which means it is an efficient insulator. This makes it safe to use in areas where flammable materials are present, as there isn't a risk of combustion being caused by the movement of heat through the material.

Polyurethane Foam:

Polyurethane Foam (PUF) is a polymeric material that can be used as insulation. It has an extensive range of benefits such as excellent fire resistance, thermal conductivity, and strength. PUF is also non-toxic and environmentally friendly. Polyurethane Foam is an insulating material that can be used in both residential and commercial buildings. It has a number of features that make it a popular choice for insulation: It is made up of small cells that trap air, making it an effective insulator. It is resistant to moisture and fire, meaning it is safe for use in buildings. It can be used to insulate both the interior and exterior of a building, meaning that no additional materials are required. Its flexibility means it can easily expand or contract with heating and cooling changes, so maintaining an even temperature throughout the year is easier than when using other insulation types.

On the basis of Application, the global external wall thermal insulation materials market is segmented into Residential Buildings, Commercial Buildings, and Industrial Buildings.

Residential Buildings:

External wall thermal insulation materials are used for the building envelope of buildings to keep the temperature inside the structure. External wall insulation is considered a major step towards energy efficiency in residential buildings because it helps reduce heating and cooling costs. The external wall thermal insulation materials are applied in Residential Buildings by using a variety of methods such as spraying, rolling, and pouring. In the case of spraying, the material is atomized into very fine particles that are then sprayed onto the surface to be insulated. For rolling, a diluted slurry of the insulation material is spread over the surface with the help of a trowel. Finally, for pouring the material is poured into place which allows it to settle and level out on its own.

Commercial Buildings:

Commercial Buildings are more complex in their thermal insulation requirements as compared to Residential Buildings. This is because the latter are typically inhabited by a single family, whereas Commercial Buildings can have occupants from different walks of life and businesses with varying needs. As a result, when insulating the external walls of a Commercial Building, it is important to take into account the specific needs of the occupants.

There are a variety of ways in which thermal insulation materials can be applied to Commercial Buildings, depending on the type of building and its intended use. For example, if the Commercial Building is a high-rise office tower, then it will likely have different requirements than a grocery store or restaurant. In general, though, most Commercial Buildings use external wall insulation to increase energy efficiency and reduce energy costs.

Industrial Buildings:

Industrial buildings operate 24 hours a day, seven days a week, and require thermal insulation that is resistant to both high temperatures and corrosion. Due to their large size, it can be challenging for Industrial buildings with limited access points to maintain the levels of internal air quality required for occupancy. External wall insulation can help to minimize this risk by reducing the amount of air that escapes from the building.

On the basis of Region, the global external wall thermal insulation materials market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. Asia-Pacific is expected to be the fastest-growing region in the global external wall thermal insulation materials market during the forecast period. Asia Pacific has been witnessing significant growth due to increasing investments by foreign companies and governments, improving infrastructure facilities such as roads, railways, airports, etc., efforts made towards achieving sustainable development goals (SDGs) for example SDG 11- Sustainable Cities and Communities, and rising disposable income of the population. The Middle East and Africa region are expected to account for a sluggish share in terms of revenue contribution during 2016–2026, owing to low GPD per capita income and weak economic conditions among countries such as Nigeria, South Africa, Saudi Arabia, etc.; these factors are restraining the external wall thermal insulation materials market growth in this region.

Growth Factors For The Global External Wall Thermal Insulation Materials Market:

Some of the major growth factors for the global external wall thermal insulation materials market are:

- The demand for sustainable construction materials is increasing as governments across the globe are imposing stringent regulations related to environmental issues such as pollution, carbon footprints, etc., which has resulted in a major impact on the external wall thermal insulation materials market.

- It also helps reduce heating and cooling costs, which is another major factor driving the market.

- Rising construction and renovation activities: The global external wall thermal insulation materials market is also benefitting from the increasing construction and renovation activities across the world.

- The demand for energy-efficient buildings has led to a rise in the number of green building projects, thereby fueling the growth of the external wall thermal insulation materials market.

-Strategic collaborations, agreements & joint ventures: The leading players in the global external wall thermal insulation materials market are focusing on strategies such as new product developments and business expansions to expand their customer base across various end-user industries.

- Additionally, key companies are also using acquisitions and other growth strategies to strengthen their foothold in the market. For instance, in November 2018, Huntsman Corporation announced the acquisition of Venator Materials PLC., a global manufacturer and supplier of flame retardants, pigments, additives, and performance chemicals.

Up Market Research published a new report titled “External Wall Thermal Insulation Materials Market research report which is segmented by Types (Expanded Polystyrene, Mineral Wool, Polyurethane Foam, Other), By Applications (Residential Buildings, Commercial Buildings, Industrial Buildings), By Players/Companies Sto Ltd., Saint-Gobain, Knauf Insulation, Baumit, Lfhuaneng, ROCKWOOL, Taishi, Beipeng, Sedant Roba, Shanghai ABM, Owenscorning, Kosenca, Beijing Wuzhou”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global External Wall Thermal Insulation Materials Market Report Segments:

The market is segmented by Type Expanded Polystyrene, Mineral Wool, Polyurethane Foam, Other and By Application Residential Buildings, Commercial Buildings, Industrial Buildings.

Some of the companies that are profiled in this report are:

1. Sto Ltd.
2. Saint-Gobain
3. Knauf Insulation
4. Baumit
5. Lfhuaneng
6. ROCKWOOL
7. Taishi
8. Beipeng
9. Sedant Roba
10. Shanghai ABM
11. Owenscorning
12. Kosenca
13. Beijing Wuzhou

External Wall Thermal Insulation Materials Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the External Wall Thermal Insulation Materials Market

Overview of the regional outlook of the External Wall Thermal Insulation Materials Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The External Wall Thermal Insulation Materials Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of External Wall Thermal Insulation Materials Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Expanded Polystyrene

                2. Mineral Wool

                3. Polyurethane Foam

                4. Other

                1. Residential Buildings

                2. Commercial Buildings

                3. Industrial Buildings

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the External Wall Thermal Insulation Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the External Wall Thermal Insulation Materials Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.