Polyisocyanurate Insulation Market

Polyisocyanurate Insulation Market Overview

The report is titled as ‘Polyisocyanurate Insulation Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Polyisocyanurate Insulation market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Polyisocyanurate Insulation market is expected to grow with significant rate in the near future.

The global polyisocyanurate insulation market is estimated to reach at a value of US$ 13,197.1 Mn by the end of 2022 and expected to reach at a value of US$ 20,304.2 Mn by 2030 with a significant CAGR of 5.6%.

Polyisocyanurate Insulation Introduction

Polyiso, or polyisocyanurate, can be comprehended as a resolute foam insulation utilized in more than 70% of commercial roof construction and provides an uninterrupted insulation solution for commercial flat (low slope) wall assemblies and roof insulation. As one of North America’s most extensively employed and smoothly accessible building products, polyiso is an economic and cost-efficient insulation alternative for lowering building energy consumption and enhancing the all-in-all service-period of walls and roofs. The outcome formed by polyisocyanurate insulation is capable of giving the most remarkable heat protecting properties among other protective materials used industrially.

Polyisocyanurate insulation can be employed as thermal, hybrid, and acoustic insulation that is, into the bargain, obtained in several different end-employments. The beneficial properties of polyiso insulation material including low environmental impact as being HCFC, CFC, HFC free blowing agent along with zero ozone depletion potential, is primarily driving the demand of polyisocyanurate insulation across the markets. Attributing to which, the global polyisocyanurate insulation market is projected to rise considerably over the coming years.

Polyisocyanurate Insulation Market Segmentation

The global polyisocyanurate insulation market is segmented on the basis of type, application, end user, and region.

By Type

Liquid

Spray

Rigid Foam/ Board

By Application

Acoustic

Thermal

Hybrid

By End User

Building & Construction

Roofs

Walls

Transport

Consumer Appliances

Others

By Region

               North America

               Latin America

               Europe

               Asia Pacific

               Middle East

               Africa

Polyisocyanurate Insulation Market Key Players

Some of the key participating players in global polyisocyanurate insulation market are:

BASF SE

DowDuPont Inc.

Owens Corning Insulating Systems, LLC

SAINT-GOBAIN

Kingspan Group plc

Honeywell International Inc.

Johns Manville Corporation

Stepan Company

IKO Industries Ltd.

Soprema Group

Knauf Insulation

Atlas Roofing Corporation

Rmax Operating LLC

GAF Materials Corporation

Carlisle SynTec Systems

Hunter Panels

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Polyisocyanurate Insulation

Advantages of Polyisocyanurate Insulation

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.