Latest news with #Rockwool
Yahoo
23-06-2025
- Business
- Yahoo
Building Thermal Insulation Market worth $37.0 billion by 2028, at 4.8%, says MarketsandMarkets™
Delray Beach, FL, June 23, 2025 (GLOBE NEWSWIRE) -- In terms of value, the Building Thermal Insulation Market size was estimated at USD 29.2 billion in 2023 and is projected to reach USD 37.0 billion by 2028, at a CAGR of 4.8%, as per the recent study by MarketsandMarkets™. The increasing need for green buildings to combat global warming drives the demand for insulation materials in residential and non-residential buildings. Stringent regulations on reducing greenhouse gas emissions and increasing investments in net-zero energy or low carbon buildings are expected to drive the building thermal insulation market. Download PDF Brochure: Browse in-depth TOC on 'Building Thermal Insulation Market' 311 - Market Data Tables 64 – Figures 262 - Pages List of Key Players in Building Thermal Insulation Market: Kingspan Group PLC (UK) Knauf Gips KG (Germany) Owens Corning (US) Rockwool A/S (Denmark) Saint-Gobain SA (France) BASF SE (Germany) Dow Inc. (US), Johns Manville Corporation (US) GAF Materials Corporation (US) CNBM Group Co., Ltd. (China) Drivers, Opportunities and Challenges in Building Thermal Insulation Market: Drivers: Stringent environmental regulations Restraint: Fluctuation in prices of plastic foam Opportunity: High energy requirements Challenge: Lack of awareness on building thermal insulation Get Sample Pages: Key Findings of the Study: The plastic foam segment to account for largest share in the building thermal insulation market, in terms of value, during the forecast period. Wall insulation to lead building thermal insulation market in application, during the forecast period, in terms of value. Residential segment to lead building thermal insulation market in building type segment, during the forecast period, in terms of value. Europe is expected to be the fastest-growing region, in the overall building thermal insulation market, during the forecast period. Based on material, the building thermal insulation market is segmented as Glass Wool, Stone Wool, and Plastic Foam. Plastic foam was the largest segment in global building thermal insulation market, in terms of value, in 2022. This is mainly due to its high thermal resistance (R-Value), versatility, strength, and life span. The long-life cycle of plastic foam insulation leads to its usage in applications such as walls, floors, and roofs. Its high thermal resistance, versatility, strength, and life span emphasize the need of plastic foam in the building thermal insulation market. Based on building type, the building thermal insulation market is segmented as residential, and non-residential. Notably, the residential segment emerged as the market leader in 2022 and is anticipated to maintain its dominant position through 2028. Factors such as changing consumer preferences, sustainability imperatives, regulatory dynamics, and technological advancements of materials with exceptional insulating qualities and environmental friendliness have contributed to the residential segment's leadership in the building thermal insulation market. Get Customization on this Report: Based on application, the building thermal insulation market is segmented as roof insulation, floor insulation, and wall insulation. Wall insulation is estimated to be the largest application for building thermal insulation market, in terms of value, during the forecast period. The dominance is due to the increasing use of insulation for blankets, concrete blocks, foam boards, insulating concrete form, and structural insulated panels. The rising energy efficient buildings drive the demand for wall insulation in building thermal insulation market. Based on region, Europe stands out as the fastest growing market for building thermal insulation. Europe's dominance in the building thermal insulation market has been largely driven by technological innovation. The region is home to research and development centers as well as a bustling startup and innovation community that is concentrated on sustainable solutions. The market for building thermal insulation grew due to the growth in construction activities and the ease of recyclability of used building thermal insulation materials, leading to a substantial expansion of the building thermal insulation market in Europe. Browse Adjacent Markets Foam and Insulation Market Research Reports Related Reports: Metal Recycling Market Wood Coatings Market Synthetic Rope Market Sodium Silicate Market CONTACT: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@ Visit Our Website: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hans India
07-06-2025
- Business
- Hans India
EPACK Prefab inaugurates sandwich panel making facility at Mambattu
Tirupati: EPACK Prefab Technologies Limited has inaugurated a state-of-the-art sandwich panel manufacturing facility at Mambattu, expanding its production footprint in southern India. The new plant is built on a 2,83,660 sq ft land parcel with a built-up area of 1,49,151 sq ft, designed to meet the surging demand for energy-efficient sandwich panels. The facility enhances EPACK's production capacity by adding 8 lakh sqm/annum taking the company's total sandwich panel capacity to 13.10 lakh sqm/annum. The fully automated facility manufactures high-performance PUR/PIR and Rockwool panels, catering to sectors like cold storage, food processing, and industrial infrastructure. Designed for minimal manual intervention, the plant supports sustainable, energy-efficient production and is compliant with environmental regulations. 'This plant marks a key milestone in our journey toward building greener, smarter infrastructure for India. It strengthens our presence in the southern market and supports national missions like Make in India and Aatmanirbhar Bharat,' said Sanjay Singhania, MD & CEO, EPACK Prefab. With a Rs.56 crore investment (excluding land), EPACK aims for a 30–35 percent market share in the sandwich panel segment this fiscal year. The facility has created over 600 local jobs and was recently recognised by the Golden Book of Records for the fastest-constructed industrial structure in India at the site.
Business News Wales
05-06-2025
- Business
- Business News Wales
Hugh James Planning Team Marks 'Transformational' Year of Growth
Top 100 UK Law Firm Hugh James is marking a 'significant milestone' in the evolution of its planning practice. Since the appointment of Alex Madden as Partner and head of planning and environmental in July 2024, the planning team has grown in both size and scope. The firm says it now has new clients, complex projects, and key hires under its belt. 'It's been an action-packed 12 months,' Alex said. 'We've supported the firm's commercial property team on standout deals like Rockwool's new manufacturing base at Peddimore and Pobl's land acquisition at Cardiff's Plas Dŵr. We've also facilitated critical conversations around housing delivery in Wales, including a roundtable with Lee Waters MS focused on unlocking social housing.' The team now includes Senior Associate, Hannah Mannion, who specialises in energy and renewables, and soon to be assistant solicitor Ben Bowen who will qualify in September 2025. The team's growth over the past year has significantly boosted their capacity to support the firm's national housebuilder client base across both contentious and non-contentious work, it said. The introduction of mandatory Biodiversity Net Gain (BNG) for certain developments, updates to the National Planning Policy Framework (NPPF) – including the new 'grey belt' classification – and proposed legislative reforms via the Planning and Infrastructure Bill all signal an increasing demand for commercial planning advice, said the firm. Further changes are in the pipeline, with the Ministry of Housing, Communities and Local Government (MHCLG) publishing a working paper proposing reforms to site thresholds in the planning system to better support housing delivery across different types of sites and launching a consultation on proposed reforms to planning committees. Defra is also consulting on BNG implementation for NSIPs and minor, medium and brownfield developments. Alex believes these developments only underscore the importance of having a strong, agile legal team in place. 'Our expansion means we're not just meeting our clients' needs – we're anticipating them,' he said. 'We're now able to offer a cradle-to-grave service that ensures continuity, clarity and strategic input at every stage of a project. That's a win-win for clients new and old.' The team is advising on significant residential schemes in the South West. These include the landmark Selwood Garden Community comprising 1,700 homes, a major mixed-use development of around 400 units at Nailsea within the Green Belt, and a residential-led scheme at Trull delivering 125 new homes. Recent client wins include Wain Estates, Wain Homes, and Land Value Alliances. This strategic growth reflects Hugh James' wider vision for its planning and environmental team, and delivers on the ambitions set out when Alex was first appointed, the firm said. 'We knew that planning and environmental law was becoming a bigger priority for our clients,' said Alex. 'That's why we invested in building a market-leading team, and now we're delivering on that promise.'
Yahoo
21-05-2025
- Business
- Yahoo
Rockwool AS (RKWBF) Q1 2025 Earnings Call Highlights: Strong Revenue Growth Amid Market Challenges
Release Date: May 20, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Rockwool AS (RKWBF) reported a 4% increase in revenue for Q1 2025, reaching 959 million, with growth driven by acquisitions and volume increases. The company achieved a strong EBIT margin of 16%, supported by stable pricing and input costs. North America showed significant growth, with a 15% increase in revenue, driven by market share gains and a healthy project pipeline. Rockwool AS (RKWBF) maintains a solid cash position with net cash at 231 million, indicating strong financial health. Investment projects, including new factories in Romania and the US, are on track, supporting future capacity expansion. The horticulture business experienced a revenue decline due to lower sales in the legal cannabis market in North America. The system segment saw a decline in profitability, primarily due to decreased revenue in the horticulture business. There is price pressure in the French market, particularly in the professional flat roof application segment. The company faces macroeconomic uncertainties, particularly in Eastern Europe, with a slowdown in Russia impacting overall performance. Free cash flow for the quarter was negative at -47 million, indicating potential cash flow challenges. Q: Can you provide more details on the full-year guidance, especially regarding margin progression and the impact of the Russia dilution? A: Unidentified_2: There is some seasonality in our business, but when we balance it with the market uncertainty, we believe a 16% EBIT margin is a reasonable outlook. Q: What steps are being taken to improve the profitability of the systems division? A: Unidentified_2: We have plans for improvements across the systems division, which includes supply chain, production, price positioning, and product rationalizations. Each business within the division is affected by different market factors. Q: Will Rockwool continue to support the Ukrainian reconstruction initiative throughout the war? A: Unidentified_2: At the AGM, shareholders voted to donate another 100 million Danish kroner to the Grameen Foundation. Future donations will depend on shareholder decisions at subsequent AGMs. Q: Can you comment on the pricing pressure in France and the strong performance in North America? A: Unidentified_2: In France, the price pressure is mainly in the professional segments like flat roof and sandwich panels, with about a percentage point impact. In North America, our growth is not due to pull-forward demand but rather healthy market share gains and a strong pipeline. Q: What is driving Rockwool's market share gains in North America, and is this sustainable? A: Unidentified_2: Our low market share in the US allows for significant growth potential. We are gaining market share through new customers, channels, and products, particularly emphasizing our fire-resistant insulation. Q: How do you see the trends evolving in North America and France in Q2? A: Unidentified_2: In North America, we expect to maintain growth levels due to market share gains and a strong pipeline. In France, the price pressure is nuanced and project-specific, with about a percentage point impact on pricing. Q: What are the plans for capacity expansion, and how does this affect market dynamics? A: Unidentified_1: We are adding capacity in India, Romania, and the US, with new factories coming online between 2026 and 2028. This expansion is part of our long-term strategy to develop the US market further. Q: How is the company addressing the challenges of single plant owners in the European stone wool industry? A: Unidentified_2: It's challenging for small footprint operators due to scale and technology access. While consolidation has been ongoing, it's uncertain if it will accelerate. The conversion to electric melting technologies is a significant factor. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Times
23-03-2025
- Sport
- New York Times
Canada roars to first, Spain rediscovers its 2024 form in San Francisco SailGP's first day
Canada continued to show who rules on U.S. waters on Saturday. After winning in Los Angeles last weekend, driver Giles Scott and the Canadian team took the lead on Day 1 of the San Francisco SailGP. Perhaps it's Canada's reward for doing a good deed on behalf of the Danish team, which has been forced to sit on the sidelines. A collision with a course mark last weekend put the Danes out of action in Los Angeles. Even more disappointing for them, the team had insufficient time for the repair team to fix the boat before San Francisco. So another weekend of no points, and skipper Nicolai Sehested said he already feels any chance of winning the season has slipped away. Advertisement Feeling the pain of their fellow competitors, Canada adopted the Rockwool branding from the Danish team in a show of support and solidarity. Karma appeared to work its magic as the Canadians roared to the most consistent performance of the 11-boat fleet, scoring 5, 1, 2, 1 across the four heats. The racetrack, situated between the Golden Gate Bridge at the windward end of the course and the prison island of Alcatraz at the bottom end, gave the sailors plenty to think about, especially the strong current that flows through the Bay. But after the tight confines in Los Angeles, Scott enjoyed letting the Canadian boat rip on a bigger field of play. 'It's really nice to be on a bigger course for the first time in a while — stretch your legs, pick a few wind shifts,' he said. Scott made it sound easy, although he knows a good run of form like this can never be taken for granted. Canada is on a roll, and some of the teams must be scratching their heads wondering how to match this Canadian consistency. How we stand after Day 1 of the #SanFranciscoSGP ⛵#SailGP ️ — SailGP (@SailGP) March 22, 2025 After a wobbly start to their year, the defending champions from Spain have started rediscovering some of their 2024 form. Winning race three, combined with some other decent scores, was good enough to see Diego Botín's crew in third place, 6 points ahead of the French in fourth. The Australians never quite hit their stride, as skipper Tom Slingsby acknowledged. 'It seems when we got a better start we didn't overtake as well,' he said. 'And when we got a poorer start, we did overtake, so we ended up with very similar results.' Even so, Australia has a knack for coming out of a ho-hum kind of day nicely, and the team is in second place, 3 points back from Canada. Advertisement New Zealand seemed out of sorts Saturday, though sitting in fifth is not quite a disaster. Burling said it was plagued by gremlins in the on-board electronics, which forced the team to fall back on its 'seat of the pants' instincts. Gremlins have been an ongoing problem for the Kiwis this season, and Burling will need the electronics to be up and running properly Sunday if there's hope of making the three-boat final. Any hope of the U.S. team making the final in San Francisco after glimmers of a good performance — like being in third place during the final race — evaporated as the crew struggled to maintain stable flight on its frisky F50 boat. The Americans sit at the bottom of the scoreboard and will look to Sunday's three fleet races to restore some pride in front of the home crowd. (Photo of Canada's boat courtesy of Ricardo Pinto for SailGP)
