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Denmark Thermal Insulation Material Market By Material Type (Fiberglass, Stone Wool, Foam, Wood Fiber); By Temperature (0-100°C, 100-500°C, 500°C and Above); By End-Use (Construction, Automotive, HVAC, Industrial, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2019-2022
Base Year	2023
Forecast Period	2024-2032
Denmark Thermal Insulation Material Market Size 2023	USD 0.29 million
Denmark Thermal Insulation Material Market, CAGR	2.31%
Denmark Thermal Insulation Material Market Size 2032	USD 0.36 million

Market Overview

Denmark Thermal Insulation Material market size was valued at USD 0.29 million in 2023 and is anticipated to reach USD 0.36 million by 2032, at a CAGR of 2.31% during the forecast period (2023-2032).

The Denmark Thermal Insulation Material market is primarily driven by the increasing demand for energy-efficient building solutions, spurred by stringent government regulations and sustainability goals. With rising energy costs and a growing focus on reducing carbon footprints, there is a strong push for insulation materials that enhance energy efficiency in residential, commercial, and industrial sectors. Technological advancements in insulation materials, such as eco-friendly and high-performance options, are further fueling market growth. Additionally, the increasing awareness of energy conservation, coupled with initiatives promoting green building practices, is expected to drive the adoption of thermal insulation solutions. The trend towards smart building technologies and the integration of sustainable construction practices will continue to shape the market’s future. These drivers, alongside a growing emphasis on reducing environmental impact, ensure the market’s steady growth over the forecast period.

The Denmark thermal insulation material market is shaped by key players such as BASF SE, Saint Gobain SA, Rockwool International A/S, and Kingspan Group, which are leading the industry with innovative and high-performance products. These companies offer a wide range of insulation materials tailored to meet the energy efficiency needs of the Danish market. Additionally, the increasing demand for sustainable building solutions has encouraged both local and global players to introduce eco-friendly and energy-efficient insulation options. The growing focus on energy regulations and green construction standards in Denmark presents a fertile ground for companies to expand their product offerings and gain a competitive edge. The Danish government’s commitment to reducing carbon emissions and promoting energy-efficient buildings has further contributed to the market’s growth. Key players are leveraging technological advancements and government incentives to cater to the market’s evolving demands in both residential and commercial sectors.

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Market Insights

The Denmark thermal insulation material market was valued at USD 0.29 million in 2023 and is expected to reach USD 0.36 million by 2032, growing at a CAGR of 2.31% during the forecast period (2023-2032).
Increasing government regulations on energy efficiency and sustainability are driving the demand for high-performance thermal insulation materials.
The growing preference for eco-friendly materials such as recycled and natural fibers is a key trend in the market.
Smart building technologies are boosting demand for advanced insulation solutions that enhance energy management.
The market faces challenges such as the high cost of advanced insulation materials and supply chain disruptions.
Northern and Western Europe lead the market, with Denmark playing a significant role in the adoption of energy-efficient insulation solutions.
Key players like BASF SE, Rockwool International A/S, and Kingspan Group are dominating the market, offering innovative and sustainable insulation products.

Market Drivers

Rising Demand for Energy Efficiency

The growing emphasis on energy efficiency is a key driver for the Denmark thermal insulation material market. Rising energy costs and environmental concerns are pushing residential, commercial, and industrial sectors to seek solutions that reduce energy consumption. Thermal insulation materials help improve energy efficiency by minimizing heat loss or gain, reducing the need for heating and cooling. This not only cuts energy bills but also contributes to a smaller carbon footprint. The Danish government’s commitment to reducing greenhouse gas emissions and promoting energy-efficient buildings through various regulations and incentives further drives the demand for advanced thermal insulation materials.

Government Regulations and Sustainability Initiatives

Government regulations and sustainability initiatives play a crucial role in driving the demand for thermal insulation materials in Denmark. The country is committed to achieving ambitious climate goals, including reducing carbon emissions and transitioning to renewable energy sources. For instance, new buildings will need to comply with emissions between 4 and 8 kg of CO2/m²/year by 2025, with progressive reductions targeted for 2029. This has led to stricter building codes and energy efficiency standards that require the use of insulation materials to meet energy-saving objectives. Denmark’s focus on sustainability has created a favorable environment for the development and adoption of high-performance, eco-friendly insulation materials. Additionally, various funding programs and tax incentives provided by the government encourage businesses and homeowners to invest in energy-efficient building solutions.

Technological Advancements in Insulation Materials

Technological advancements in insulation materials have significantly contributed to market growth. Innovations in material science have led to the development of more effective, lightweight, and environmentally friendly insulation options. New materials such as aerogels, bio-based insulations, and nanotechnology-enhanced products offer superior thermal performance while being lightweight and sustainable. For instance, Danish manufacturers have introduced advanced products like ProRox insulation, designed to combat water ingress and provide superior fire resistance while offering both thermal and acoustic benefits. These advanced materials are gaining popularity in construction projects, particularly in the renovation of existing buildings, where space constraints and the need for improved thermal performance are critical factors. The continuous evolution of insulation technologies ensures that the Denmark market stays competitive and responsive to the demands of energy-efficient construction.

Increasing Awareness of Environmental Impact

Rising awareness of environmental issues has prompted both consumers and businesses to seek ways to reduce their ecological footprint. In Denmark, there is an increasing focus on sustainable construction practices, with insulation being a critical component in achieving these objectives. The adoption of thermal insulation materials contributes to reduced energy consumption and supports the transition towards a more sustainable built environment. Consumers and businesses are now more conscious of the long-term benefits of insulation, including energy savings, comfort, and environmental impact. As a result, Denmark is witnessing greater demand for thermal insulation products that align with both energy-saving goals and sustainability standards, further fueling market growth.

Market Trends

Shift Towards Eco-friendly Materials

One of the prominent trends in the Denmark thermal insulation material market is the growing preference for eco-friendly and sustainable materials. With increasing awareness of environmental issues, both consumers and manufacturers are prioritizing insulation solutions that have minimal environmental impact. Materials such as cellulose, wool, and recycled denim are becoming popular alternatives to traditional fiberglass and foam-based insulations. These natural and recyclable materials not only reduce the carbon footprint of construction projects but also offer effective thermal performance. As a result, Denmark is witnessing a shift towards greener, more sustainable options that align with the country’s ambitious environmental goals.

Focus on High-performance Insulation Solutions

Denmark’s construction industry is increasingly favoring high-performance insulation materials that offer superior thermal resistance while being lightweight and easy to install. For instance, manufacturers have introduced advanced products like ProRox insulation, designed specifically to combat water ingress while providing superior fire resistance and both thermal and acoustic benefits. Materials with improved insulation properties, such as aerogels, vacuum insulation panels (VIPs), and spray foam, are becoming more prevalent in both new construction and retrofitting projects. These high-performance solutions provide greater energy savings and enhance comfort by maintaining consistent indoor temperatures. As building standards continue to tighten, the demand for materials that meet these stringent energy efficiency requirements is rising. The trend towards higher performance is particularly prominent in the commercial and industrial sectors, where energy savings can significantly reduce operational costs.

Integration of Smart Building Technologies

The integration of smart building technologies is another key trend driving the thermal insulation material market in Denmark. With the rise of smart homes and buildings, there is an increasing demand for insulation solutions that complement and enhance the performance of energy management systems. Smart insulation materials, such as those that respond to temperature changes or work in conjunction with advanced heating, ventilation, and air conditioning (HVAC) systems, are gaining traction. These materials help optimize energy consumption by improving heat retention and reducing energy waste. As Denmark continues to prioritize energy efficiency and smart building standards, this trend is expected to grow, further boosting the demand for innovative insulation materials.

Growing Adoption of Insulation in Renovation Projects

Another notable trend in Denmark is the growing adoption of thermal insulation materials in renovation and retrofitting projects. With a large number of older buildings in need of energy-efficient upgrades, there is a rising demand for insulation solutions that can be easily integrated into existing structures. This trend is driven by the need to comply with modern energy regulations and reduce operational costs. The Danish government’s focus on retrofitting existing buildings to improve energy efficiency and sustainability has made it a priority for both residential and commercial property owners. As a result, thermal insulation materials are being increasingly used in renovation projects to enhance energy performance without compromising the aesthetic or structural integrity of older buildings.

Market Challenges Analysis

High Initial Costs of Advanced Materials

One of the major challenges in the Denmark thermal insulation material market is the high initial cost associated with advanced insulation materials, such as vacuum insulation panels (VIPs) and aerogels. While these materials offer superior thermal performance and long-term energy savings, their higher upfront cost can be a barrier for some businesses and consumers, particularly in a competitive market. For instance, vacuum insulated panels (VIPs) with fumed silica cores require substantial manufacturing costs, making them less competitive despite superior thermal properties. This cost discrepancy is especially evident in the residential sector, where budget constraints may limit the adoption of cutting-edge insulation solutions. As a result, despite the long-term benefits, the initial investment required for these high-performance materials may deter some property owners and developers from opting for these advanced options.

Supply Chain and Availability Issues

Another significant challenge facing the Denmark thermal insulation material market is the potential disruption in supply chains and the availability of certain insulation materials. Factors such as raw material shortages, transportation delays, and geopolitical uncertainties can create supply chain issues that impact the timely delivery of insulation products. These disruptions can lead to delays in construction projects and higher costs for manufacturers, which may ultimately be passed on to the consumer. Additionally, the availability of sustainable and eco-friendly materials can sometimes be limited due to production constraints or sourcing challenges. As demand for these materials grows, ensuring a reliable and consistent supply remains a critical challenge for market players.

Market Opportunities

The Denmark thermal insulation material market presents significant opportunities driven by the increasing demand for energy-efficient solutions and the country’s commitment to sustainability. As the government strengthens regulations around energy consumption and carbon emissions, there is a growing need for high-performance insulation materials that meet these stringent standards. This offers opportunities for manufacturers to innovate and develop advanced insulation solutions that not only comply with energy efficiency requirements but also promote environmental sustainability. Additionally, with a strong push towards green building certifications and the adoption of eco-friendly construction practices, there is a growing market for natural, recycled, and biodegradable insulation materials. This demand for sustainable products presents an avenue for companies to expand their product offerings, catering to both residential and commercial sectors seeking to reduce their environmental impact.

Furthermore, the rising trend of building retrofitting provides a considerable opportunity for growth in the thermal insulation market. With a large stock of older buildings in Denmark that require energy-efficient upgrades, the renovation sector is becoming an important driver for insulation material adoption. This trend is further bolstered by government incentives aimed at improving the energy efficiency of existing structures. Manufacturers and suppliers who can offer cost-effective and high-performance insulation solutions for retrofitting projects are poised to capture a significant share of this growing market. As consumer awareness of energy savings and environmental impact increases, both new construction and renovation projects will continue to drive the demand for thermal insulation materials, providing ample opportunities for growth in the market.

Market Segmentation Analysis:

By Material Type:

In the Denmark thermal insulation material market, several material types dominate, each offering unique benefits for different applications. Fiberglass is the most widely used insulation material due to its cost-effectiveness, availability, and excellent thermal performance. It is commonly used in both residential and commercial buildings for wall, roof, and floor insulation. Stone wool, known for its fire-resistant properties, is gaining traction in sectors where fire safety is a top priority. It also offers superior soundproofing, making it ideal for commercial buildings and industrial applications. Foam insulation, including expanded polystyrene (EPS) and extruded polystyrene (XPS), is highly regarded for its low thermal conductivity and moisture resistance, making it suitable for areas with high humidity or fluctuating temperatures. Wood fiber, a more eco-friendly alternative, is becoming increasingly popular due to its sustainability credentials. It provides effective thermal insulation while also promoting indoor air quality, making it a choice material for green building projects.

By Temperature:

Thermal insulation materials in Denmark are also segmented based on temperature resistance, with products designed to meet the demands of varying temperature ranges. For general construction purposes, materials that perform well within the 0-100°C range are the most commonly used. These materials are ideal for residential and light commercial applications where temperature fluctuations are moderate. For industrial and high-performance settings, the 100-500°C range is crucial, particularly in sectors like manufacturing, chemical processing, and energy production. Insulation materials designed for this temperature range need to withstand higher heat without compromising thermal efficiency. Finally, materials that can resist temperatures above 500°C are used in extreme environments such as refineries, power plants, and other heavy industries. These specialized materials, often based on mineral or ceramic fibers, ensure thermal stability in high-temperature conditions, supporting operations where insulation performance is critical for safety and energy efficiency.

Segments:

Based on Material Type:

Fiberglass
Stone Wool
Foam
Wood Fiber

Based on Temperature:

0-100 °C
100-500°C
500°C and above

Based on End-use:

Construction
Automotive
HVAC
Industrial
Others

Based on the Geography:

Northern Europe
Western Europe
Central and Eastern Europe
Southern Europe

Regional Analysis

Northern Europe

In Northern Europe, Denmark holds a significant market share, accounting for approximately 15% of the regional market. The demand for thermal insulation in this region is bolstered by stringent environmental regulations, government incentives for energy-efficient construction, and a strong commitment to reducing carbon emissions. The growing adoption of green building practices and eco-friendly materials further fuels the demand for high-performance thermal insulation solutions. Additionally, increasing investments in residential and commercial building retrofitting projects provide ample opportunities for market expansion in this region.

Western Europe

Western Europe is another key market for thermal insulation materials, with Denmark being one of the leading countries in adopting innovative building solutions. This region holds a larger market share of around 35% in the overall European market. Western Europe’s focus on achieving net-zero emissions by 2050, along with the European Union’s energy directives, drives the demand for advanced insulation materials. Moreover, a growing trend of smart homes and energy-efficient buildings contributes to the market’s growth. The increased adoption of sustainable construction practices, along with higher energy prices, continues to propel the demand for effective thermal insulation in both new builds and renovations across Western Europe.

Central and Eastern Europe

In Central and Eastern Europe, the thermal insulation material market is also experiencing steady growth, with a market share of approximately 20%. Countries in this region, including Poland, the Czech Republic, and Hungary, are witnessing rapid industrialization and urbanization, which in turn is driving the need for energy-efficient construction. While the region lags slightly behind Western Europe in terms of regulatory standards, the growing awareness of sustainability and energy savings is gradually boosting demand for thermal insulation products. Government policies supporting energy-efficient building renovations and green building certifications are contributing to market growth in this region.

Southern Europe

Southern Europe, with a market share of about 25%, is also seeing significant growth in demand for thermal insulation materials, especially in countries like Italy, Spain, and Greece. The region’s focus on energy-efficient buildings, driven by both economic and environmental concerns, is contributing to the rise in insulation product adoption. Additionally, the harsh climate conditions in Southern Europe, characterized by hot summers and cold winters, create a strong demand for insulation solutions that enhance energy performance and indoor comfort. With more sustainable construction projects and a growing preference for high-performance materials, Southern Europe presents significant growth opportunities in the thermal insulation material market.

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Key Player Analysis

BASF SE
Asahi Kasei Corporation
Saint Gobain SA
Recticel
Kingspan Group
Rockwool International A/S
GAF Material Corporation
Owens Corning
Knauf Insulation
Evonik
I. du Pont de Nemours and Company
Berkshire Hathaway (Johns Manville)
Bayer AG
Dow Chemicals Company
Kingspan Group PLC
Others

Competitive Analysis

The Denmark thermal insulation material market is highly competitive, with several global players leading the market through innovative products and sustainable solutions. Key players in the market include BASF SE, Asahi Kasei Corporation, Saint Gobain SA, Recticel, Kingspan Group, Rockwool International A/S, GAF Material Corporation, Owens Corning, Knauf Insulation, Evonik, E. I. du Pont de Nemours and Company, Berkshire Hathaway (Johns Manville), Bayer AG, Dow Chemicals Company, and Kingspan Group PLC. These companies are focusing on offering a diverse portfolio of insulation materials, ranging from fiberglass, stone wool, and foam to more eco-friendly options such as wood fiber and recycled materials. For instance, ROCKWOOL’s products demonstrate significant environmental benefits, with their 2018 building insulation sales projected to save 100 times more CO2 over their lifetime compared to production emissions. They leverage technological advancements to enhance the thermal efficiency and sustainability of their products. Additionally, strong investments in research and development, along with strategic partnerships, are helping them maintain a competitive edge. To differentiate themselves, market leaders are incorporating advanced insulation technologies that cater to the growing demand for smart and energy-efficient buildings. While large players continue to dominate the market, local manufacturers also play a significant role in providing cost-effective and regionally tailored solutions. With increasing government regulations and demand for sustainable building practices, these companies are well-positioned to capitalize on growth opportunities in the Denmark market.

Recent Developments

In February 2025,BASF introduced Basotect® EcoBalanced, a melamine resin foam with a reduced Product Carbon Footprint (PCF).
In February 2025,Asahi Kasei is set to present SunForce™, an easy-to-process particle foam for composite foam core applications, at JEC World 2025 in Paris.
In September 2024, Kingspan announced Kyle McEnroe as the Managing Director at Kingspan Insulation North America.
In May 2023, Knauf Insulation GmbH introduced Ominifit slab 32, designed for use in external wall systems of residential buildings and rain-screen facades.

Market Concentration & Characteristics

The Denmark thermal insulation material market exhibits a moderate to high concentration, with several key global players commanding a significant share. Companies such as BASF SE, Rockwool International A/S, Kingspan Group, and Saint Gobain SA dominate the market, offering a broad range of innovative and energy-efficient solutions. These leading players leverage their extensive research and development capabilities to drive product advancements, ensuring their insulation materials meet the growing demand for energy-efficient and sustainable building practices. The market is characterized by a competitive landscape, with both large multinational corporations and local manufacturers vying for market share. While large companies focus on premium, high-performance materials, local manufacturers cater to specific regional needs with cost-effective solutions. The demand for eco-friendly products, coupled with increasing government regulations on energy efficiency, has encouraged both market leaders and smaller firms to invest in sustainable and advanced insulation technologies, ensuring steady market growth.

Report Coverage

The research report offers an in-depth analysis based on Material Type, Temperature, End-use and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The Denmark thermal insulation material market is expected to grow steadily due to increasing government regulations on energy efficiency and sustainability.
Advancements in insulation technologies, such as vacuum insulation panels and aerogels, will drive market innovation.
The demand for eco-friendly and recycled materials will continue to rise, with an emphasis on sustainability in the building sector.
Growing investments in residential and commercial retrofitting projects will boost the demand for high-performance insulation solutions.
The shift towards green building certifications and energy-efficient construction practices will further stimulate market growth.
Energy-saving initiatives in the industrial sector will increase the adoption of advanced insulation materials.
The increasing awareness of carbon footprints and energy costs will push consumers and businesses to opt for energy-efficient insulation products.
Government incentives for energy-efficient construction and renovation will provide growth opportunities for market players.
The trend of smart homes and energy-efficient buildings will create a demand for integrated insulation solutions.
Competitive pricing and regional customization of products will help local manufacturers gain a larger share of the market.

CHAPTER NO. 1 : INTRODUCTION 19

1.1.1. Report Description 19

Purpose of the Report 19

USP & Key Offerings 19

1.1.2. Key Benefits for Stakeholders 19

1.1.3. Target Audience 20

1.1.4. Report Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. Thermal Insulation Material Market Snapshot 21

2.1.1. Denmark Thermal Insulation Material Market, 2018 – 2032 (USD Million) 22

2.1. Insights from Primary Respondents 22

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 23

3.1. Russia-Ukraine and Israel-Palestine War Impacts 23

CHAPTER NO. 4 : THERMAL INSULATION MATERIAL MARKET – INDUSTRY ANALYSIS 24

4.1. Introduction 24

4.2. Market Drivers 25

4.2.1. Driving Factor 1 Analysis 25

4.2.2. Driving Factor 2 Analysis 26

4.3. Market Restraints 27

4.3.1. Restraining Factor Analysis 27

4.4. Market Opportunities 28

4.4.1. Market Opportunity Analysis 28

4.5. Porter’s Five Force analysis 29

4.6. Value Chain Analysis 30

4.7. Buying Criteria 31

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 32

5.1. Company Market Share Analysis – 2023 32

5.1.1. Denmark Thermal Insulation Material Market: Company Market Share, by Revenue, 2023 32

5.1.2. Denmark Thermal Insulation Material Market: Top 6 Company Market Share, by Revenue, 2023 32

5.1.3. Denmark Thermal Insulation Material Market: Top 3 Company Market Share, by Revenue, 2023 33

5.2. Denmark Thermal Insulation Material Market Company Revenue Market Share, 2023 34

5.3. Company Assessment Metrics, 2023 35

5.3.1. Stars 35

5.3.2. Emerging Leaders 35

5.3.3. Pervasive Players 35

5.3.4. Participants 35

5.4. Start-ups /Automotive Assessment Metrics, 2023 35

5.4.1. Progressive Companies 35

5.4.2. Responsive Companies 35

5.4.3. Dynamic Companies 35

5.4.4. Starting Blocks 35

5.5. Strategic Developments 36

5.5.1. Acquisitions & Mergers 36

New Temperature Range Launch 36

Regional Expansion 36

5.6. Key Players Temperature Range Matrix 37

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 38

6.1. PESTEL 38

6.1.1. Political Factors 38

6.1.2. Economic Factors 38

6.1.3. Social Factors 38

6.1.4. Technological Factors 38

6.1.5. Environmental Factors 38

6.1.6. Legal Factors 38

6.2. Adjacent Market Analysis 38

CHAPTER NO. 7 : THERMAL INSULATION MATERIAL MARKET – BY MATERIAL TYPE SEGMENT ANALYSIS 39

7.1. Thermal Insulation Material Market Overview, by Material Type Segment 39

7.1.1. Thermal Insulation Material Market Revenue Share, By Material Type, 2023 & 2032 40

7.1.2. Thermal Insulation Material Market Attractiveness Analysis, By Material Type 41

7.1.3. Incremental Revenue Growth Opportunity, by Material Type, 2024 – 2032 41

7.1.4. Thermal Insulation Material Market Revenue, By Material Type, 2018, 2023, 2027 & 2032 42

7.2. Fiberglass 43

7.3. Stone Wool 44

7.4. Foam 45

7.5. Wood Fiber 46

CHAPTER NO. 8 : THERMAL INSULATION MATERIAL MARKET – BY TEMPERATURE RANGE SEGMENT ANALYSIS 47

8.1. Thermal Insulation Material Market Overview, by Temperature Range Segment 47

8.1.1. Thermal Insulation Material Market Revenue Share, By Temperature Range, 2023 & 2032 48

8.1.2. Thermal Insulation Material Market Attractiveness Analysis, By Temperature Range 49

8.1.3. Incremental Revenue Growth Opportunity, by Temperature Range, 2024 – 2032 49

8.1.4. Thermal Insulation Material Market Revenue, By Temperature Range, 2018, 2023, 2027 & 2032 50

8.2. 0-100 °C 51

8.3. 100-500°C 52

8.4. 500°C and above 53

CHAPTER NO. 9 : THERMAL INSULATION MATERIAL MARKET – BY END-USE INDUSTRY SEGMENT ANALYSIS 54

9.1. Thermal Insulation Material Market Overview, by End-use Industry Segment 54

9.1.1. Thermal Insulation Material Market Revenue Share, By End-use Industry, 2023 & 2032 55

9.1.2. Thermal Insulation Material Market Attractiveness Analysis, By End-use Industry 56

9.1.3. Incremental Revenue Growth Opportunity, by End-use Industry, 2024 – 2032 56

9.1.4. Thermal Insulation Material Market Revenue, By End-use Industry, 2018, 2023, 2027 & 2032 57

9.2. Construction 58

9.3. Automotive 59

9.4. HVAC 60

9.5. Industrial 61

9.6. Others 62

CHAPTER NO. 10 : THERMAL INSULATION MATERIAL MARKET – DENMARK 63

10.1. Denmark 63

10.1.1. Key Highlights 63

10.2. Material Type 64

10.3. Denmark Thermal Insulation Material Market Revenue, By Material Type, 2018 – 2023 (USD Million) 64

10.4. Denmark Thermal Insulation Material Market Revenue, By Material Type, 2024 – 2032 (USD Million) 64

10.5. Temperature Range 65

10.6. Denmark Thermal Insulation Material Market Revenue, By Temperature Range, 2018 – 2023 (USD Million) 65

10.6.1. Denmark Thermal Insulation Material Market Revenue, By Temperature Range, 2024 – 2032 (USD Million) 65

10.7. End-use Industry 66

10.7.1. Denmark Thermal Insulation Material Market Revenue, By End-use Industry, 2018 – 2023 (USD Million) 66

10.7.2. Denmark Thermal Insulation Material Market Revenue, By End-use Industry, 2024 – 2032 (USD Million) 66

CHAPTER NO. 11 : COMPANY PROFILES 67

11.1. BASF SE 67

11.1.1. Company Overview 67

11.1.2. Temperature Range Portfolio 67

11.1.3. Swot Analysis 67

11.1.4. Business Strategy 68

11.1.5. Financial Overview 68

11.2. Asahi Kasei Corporation 69

11.3. Saint Gobain SA 69

11.4. Recticel 69

11.5. Kingspan Group 69

11.6. Rockwool International A/S 69

11.7. GAF Material Corporation 69

11.8. Owens Corning 69

11.9. Knauf Insulation 69

11.10. Evonik 69

11.11. E. I. du Pont de Nemours and Company 69

11.12. Berkshire Hathway (Johns Manville) 69

11.13. Bayer AG 69

11.14. Dow Chemicals Company 69

11.15. Kingspan Group PLC 69

11.16. Others 69

List of Figures

FIG NO. 1. Denmark Thermal Insulation Material Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for Denmark Thermal Insulation Material Market 29

FIG NO. 3. Value Chain Analysis for Denmark Thermal Insulation Material Market 30

FIG NO. 4. Company Share Analysis, 2023 32

FIG NO. 5. Company Share Analysis, 2023 32

FIG NO. 6. Company Share Analysis, 2023 33

FIG NO. 7. Thermal Insulation Material Market – Company Revenue Market Share, 2023 34

FIG NO. 8. Thermal Insulation Material Market Revenue Share, By Material Type, 2023 & 2032 40

FIG NO. 9. Market Attractiveness Analysis, By Material Type 41

FIG NO. 10. Incremental Revenue Growth Opportunity by Material Type, 2024 – 2032 41

FIG NO. 11. Thermal Insulation Material Market Revenue, By Material Type, 2018, 2023, 2027 & 2032 42

FIG NO. 12. Denmark Thermal Insulation Material Market for Fiberglass, Revenue (USD Million) 2018 – 2032 43

FIG NO. 13. Denmark Thermal Insulation Material Market for Stone Wool, Revenue (USD Million) 2018 – 2032 44

FIG NO. 14. Denmark Thermal Insulation Material Market for Foam, Revenue (USD Million) 2018 – 2032 45

FIG NO. 15. Denmark Thermal Insulation Material Market for Wood Fiber, Revenue (USD Million) 2018 – 2032 46

FIG NO. 16. Thermal Insulation Material Market Revenue Share, By Temperature Range, 2023 & 2032 48

FIG NO. 17. Market Attractiveness Analysis, By Temperature Range 49

FIG NO. 18. Incremental Revenue Growth Opportunity by Temperature Range, 2024 – 2032 49

FIG NO. 19. Thermal Insulation Material Market Revenue, By Temperature Range, 2018, 2023, 2027 & 2032 50

FIG NO. 20. Denmark Thermal Insulation Material Market for 0-100 °C, Revenue (USD Million) 2018 – 2032 51

FIG NO. 21. Denmark Thermal Insulation Material Market for 100-500°C, Revenue (USD Million) 2018 – 2032 52

FIG NO. 22. Denmark Thermal Insulation Material Market for 500°C and above, Revenue (USD Million) 2018 – 2032 53

FIG NO. 23. Thermal Insulation Material Market Revenue Share, By End-use Industry, 2023 & 2032 55

FIG NO. 24. Market Attractiveness Analysis, By End-use Industry 56

FIG NO. 25. Incremental Revenue Growth Opportunity by End-use Industry, 2024 – 2032 56

FIG NO. 26. Thermal Insulation Material Market Revenue, By End-use Industry, 2018, 2023, 2027 & 2032 57

FIG NO. 27. Denmark Thermal Insulation Material Market for Construction, Revenue (USD Million) 2018 – 2032 58

FIG NO. 28. Denmark Thermal Insulation Material Market for Automotive, Revenue (USD Million) 2018 – 2032 59

FIG NO. 29. Denmark Thermal Insulation Material Market for HVAC, Revenue (USD Million) 2018 – 2032 60

FIG NO. 30. Denmark Thermal Insulation Material Market for Industrial, Revenue (USD Million) 2018 – 2032 61

FIG NO. 31. Denmark Thermal Insulation Material Market for Others, Revenue (USD Million) 2018 – 2032 62

FIG NO. 32. Denmark Thermal Insulation Material Market Revenue, 2018 – 2032 (USD Million) 63

List of Tables

TABLE NO. 1. : Denmark Thermal Insulation Material Market: Snapshot 20

TABLE NO. 2. : Drivers for the Thermal Insulation Material Market: Impact Analysis 24

TABLE NO. 3. : Restraints for the Thermal Insulation Material Market: Impact Analysis 26

TABLE NO. 4. : Denmark Thermal Insulation Material Market Revenue, By Material Type, 2018 – 2023 (USD Million) 63

TABLE NO. 5. : Denmark Thermal Insulation Material Market Revenue, By Material Type, 2024 – 2032 (USD Million) 63

TABLE NO. 6. : Denmark Thermal Insulation Material Market Revenue, By Temperature Range, 2018 – 2023 (USD Million) 64

TABLE NO. 7. : Denmark Thermal Insulation Material Market Revenue, By Temperature Range, 2024 – 2032 (USD Million) 64

TABLE NO. 8. : Denmark Thermal Insulation Material Market Revenue, By End-use Industry, 2018 – 2023 (USD Million) 65

TABLE NO. 9. : Denmark Thermal Insulation Material Market Revenue, By End-use Industry, 2024 – 2032 (USD Million) 65

Frequently Asked Questions

What is the current size of the Denmark Thermal Insulation Material Market?

The Denmark Thermal Insulation Material Market was valued at USD 0.29 million in 2023 and is projected to reach USD 0.36 million by 2032, growing at a CAGR of 2.31% during the forecast period.

What factors are driving the growth of the Denmark Thermal Insulation Material Market?

The market is driven by increasing government regulations on energy efficiency, rising demand for eco-friendly materials, technological advancements in insulation solutions, and the growing focus on smart building technologies. Additionally, the need for energy conservation and sustainable construction practices is fueling market growth.

What are the key segments within the Denmark Thermal Insulation Material Market?

The market is segmented by:
• Material Type: Fiberglass, Stone Wool, Foam, Wood Fiber
• Temperature: 0-100°C, 100-500°C, 500°C and above
• End-use: Construction, Automotive, HVAC, Industrial, Others
• Geography: Northern Europe, Western Europe, Central and Eastern Europe, Southern Europe

Who are the major players in the Denmark Thermal Insulation Material Market?

Key players in the market include BASF SE, Rockwool International A/S, Kingspan Group, Saint Gobain SA, Owens Corning, Knauf Insulation, Recticel, Berkshire Hathaway (Johns Manville), Dow Chemicals Company, and Evonik. These companies are focused on technological innovation, sustainability, and expanding their insulation product offerings.

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I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

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