Strategic Overview of the Global Insulation Market Exploring the Present and Future State 
                     Strategic Overview of the Global Insulation Market Exploring the Present and 
Future State  
Global Insulation Market: Snapshot  
The primary job of insulation, be it thermal, electric, or acoustic, is to minimize the 
interaction between a substance and its environment. This can work in the form of 
thermal insulation for houses and other construction, electric insulation for wires and 
cables, etc. The global insulation market has been driven in recent years by the 
expansion of the construction industry, which is likely to remain a prime driver for the 
market in the coming years. The rising demand from the automotive industry is also 
likely to play an important role in the development of the global insulation market in 
the coming years.  
During the ongoing decade, the global insulation market is expected to rise close to 
threefold, and is expected to be valued at US$64.9 bn in 2020.  
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Booming Construction Industry Drives Demand for Thermal, Electric, Acoustic 
Insulation  
The construction industry has undergone steady recovery following the global 
economic slowdown in 2008-09 and has enjoyed sustained growth over the last 
decade. The demand for residential construction has exhibited a steady upward curve 
in the last few years thanks to the rising disposable income of consumers in developing 
regions. The quickening pace of immigration into major cities across the world has also 
added to the rising need for new residential construction. Commercial construction is 
also likely to rise in volume in the coming years due to the rising number of corporate 
institutions and the rising demand for entertainment and shopping units such as malls 
and theaters.  
The steady growth of the global automotive industry has also had a crucial impact on 
the trajectory of the global insulation market. Consistent advancements in automotive 
design have led to large-scale use of insulation materials in automobiles for thermal, 
acoustic, as well as electric insulation. The rising use of automotive electronics is likely 
to ensure sustained demand from the global insulation market in the coming years, 
whereas the rising demand for premium cars could also sustain steady demand for 
acoustic insulation.  
The consumer electronics industry is also likely to remain a key consumer in the global 
insulation market. The rising disposable income of consumers has led to rapid growth 
of the consumer electronics industry in recent years, whereas the rising technological 
sophistication of smartphones has necessitated the increasing use of electric 
insulation.  
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Asia Pacific Likely to Retain Dominance in Global Insulation Market  
The global insulation market is led by Asia Pacific, which accounts for more than 40% 
of the expanding market. The steadily growing construction and automotive industries 
in Asia Pacific are vital for the insulation market in the region, while the consumer 
electronics industry in countries such as China, India, South Korea, and Japan has also 
shown no signs of slowing down and could thus play a key role in the development of 
the global insulation market in the coming years. The automotive industry in China 
and India has exhibited a steep growth trajectory in recent decades, with the former 
already a contender to established automotive industries in Japan and Europe. The 
increasing demand for passenger as well as commercial and transport vehicles in these 
two emerging countries is likely to lead to steady demand from the global insulation 
market in the coming years.  
The dynamic development of countries such as China and India has also led to large-
scale installation of infrastructure components, which is likely to remain a major driver 
for the Asia Pacific insulation market in the coming years. Other Southeast Asian 
countries such as Thailand, Indonesia, Malaysia, and Vietnam could also become 
crucial consumers in the global insulation market due to the rising demand in these 
countries for stable infrastructure.