Germany Active Insulation Market Size, Share, Impressive Industry Growth, Report 2027
Germany
active insulation market is estimated to grow at a CAGR of 5.0% during the
forecast period. As per the Destatis, turnover in the main construction
industry increased by 11.0% in June 2020 compared to June 2019. This leads to
increasing demand for active insulation products in the building and
construction sector to reduce CO2 emissions and boost energy savings. Despite
the COVID 19 pandemic, the German government continued its funding programs for
energy efficiency in the building sector and renewable energy. In the first
half of 2020, loans and grants totaling nearly $17.2 billion were approved,
supported projects in over 215,000 residential units as well as municipal and
commercial buildings.
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These
investments will avoid over 400,000 metric tonnes of CO2 emissions. In the
first half of 2020, the total investment volume was nearly $45.6 billion. The
increasing investment in energy-efficient buildings has led to an increased
turnover of the Germany construction industry in June 2020. This contributes to
the adoption of thermal insulation materials that can play a vital role to
reduce greenhouse gas emissions and facilitate energy conservation. Thermal
insulation materials can show a long-lasting performance against heat and cold.
Resistance to fire and microbiological attacks are other important benefits of
mineral wool insulation for external walls.
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Scope of the Germany Active Insulation Market
Market Coverage
·
Market number
available for 2019-2026
·
Base year- 2019
·
Forecast period-
2020-2026
·
Segment Covered- By
Product and Application
·
Competitive
Landscape- BASF SE, Wacker Chemie AG, Armacell International S.A., Knauf Gips
AG, and Freudenberg SE
Recent Developments in the Germany Active
Insulation Market
·
In April 2019,
Knauf KG acquired USG Corp. that will enable Knauf AG to a better position to
address customers’ requirements. Both the business are highly complementary
that will enable Knauf to leverage global footprints and product portfolios.
·
In June 2018, BASF
declared that it is augmenting its global production capacity for Neopor
(expandable polystyrene containing graphite) by a total of 40,000 metric tons
annually. The company adjusted its two production places in Ulsan, Korea, and
Ludwigshafen, Germany, to start Neopor production through the fourth quarter of
2018.
Key questions addressed by the report
·
What is the market
growth rate?
·
Which segment
dominates the market in the base year?
·
Which segment will
project the fastest growth in the market?
·
How COVID-19
impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID
forecast
o Most affected region/segment
·
Who is the leader
in the market?
·
How players are
addressing challenges to sustain growth?
·
Where is the
investment opportunity?
Germany Active Insulation Market-Segmentation
By Product
·
Building and
Construction
o Mineral Wool
o Expanded Polystyrene (EPS)
o Glass Wool
o Others
·
Textile
o Polyester
o Cotton
o Nylon
o Wool
By Application
·
Building and
Construction
o Commercial
o Residential
·
Textile
o Activewear
o Sportswear
o Others
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Company Profiles
·
Armacell
International S.A.
·
BASF SE
·
Freudenberg SE
·
INEOS Styrolution
Group GmbH
·
Knauf Gips KG
·
Korff Isolmatic
GmbH
·
SIBUR International
GmbH
·
UdiDÄMMSYSTEME GmbH
·
URSA Insulation,
S.A.
·
Wacker Chemie AG
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