In recent years, thermal insulation manufacturing industry has experienced significant decrease in demand due to the failure of COVID-19 in various parts of the world. Most countries are now running under the lockdown mode, preventing new construction and consumption of insulation materials. Despite these challenges, Asia-Pacific region was growing with the highest thermal insulation consumption due to large untouched residential building area. In order to overcome the problems and promote a vibrant thermal insulation market in the Asia-Pacific region, companies are trying various methods to achieve the same goal.

While most plant-based materials are biodegradable, they are susceptible to rot, mold, and mildew. The European design, however, avoids these problems through the use of high-quality, non-toxic materials. In addition, thermal insulation manufacturers adhere to rigorous industry standards and guidelines. For example, 16 CFR Part 1209 focuses on settled density, corrosiveness, and critical radiant flux. ASTM Standard C-739 focuses on smoldering combustion, R-value, moisture absorption, and fungus growth.

Government initiatives for green building are also expected to boost the market growth of thermal insulation materials. According to the Concerted Action for Energy Performance of Buildings Directive (CEPD), member states of the European Union are required to achieve zero energy standards for all new buildings by 2020. According to the latest market research report by MarketsandMarkets, the Asia-Pacific region held the largest market share in thermal insulation materials in 2018, with a volume of over $730 million. Europe and North America were the next two largest regions, accounting for 42% and 36% of the market, respectively.

In the construction details of walls, floors, and roofs, thermal insulation manufacturers use various products to form a thermal envelope. Rigid boards are used to insulate the roof space, while loose-fill fibre is used to insulate cavity walls and solid masonry walls. A concrete floor should also be insulated to prevent heat transfer between interiors and exteriors. Once all of these components are in place, thermal insulation materials form the thermal envelope, preventing heat transfer.

The global thermal insulation market is largely driven by new construction and refurbishment opportunities. The market is segmented by regions: the North American region has the largest market, while the European region is dominated by the non-residential sector. The North American region is expected to experience a steady growth rate in thermal insulation materials. The Asia-Pacific region is expected to witness significant growth over the coming years, as the number of energy-efficient buildings grows worldwide.

Cellular plastic products are considered long-lasting and are not subject to decay or vermin infestation. Thermal insulation manufacturers can produce insulation in the form of foam and apply it to buildings in different ways, including spraying. The process of applying spray foam insulation is remarkably simple and fast, utilizing a liquid and a solid. These two substances react with each other and form a thick foam. Once the foam is applied to the surface, it begins to expand and seal all gaps and openings.