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Insulation Market - Industry Analysis and Demand with Future Forecast to 2026

Author: Neel Bobde
by Neel Bobde
Posted: Oct 30, 2018
insulation market

The Global Insulation Market growth is majorly attributed to the rapid cost reduction and enhanced performance. Insulation materials are used for prevention of heat transfer at extremely high temperatures while protecting adjacent materials from heat damage. Insulation materials offer low thermal conductivity, high heat capacity, surface emissivity, and thermal bridging. Some commonly used insulation materials include fiberglass, mineral wool, cellulose, polyurethane foam, polystyrene, and vermiculite and perlite insulation materials among others.

Growth in manufacturing industry and favorable government regulations boost the insulation Market

Increasing demand construction sector boost the market growth in North America

On the basis of geography, North America is expected to account for the highest share during forecast period. A significant growth in the demand of insulation material from residential and commercial sectors has been registered over the past few years in, thereby driving the growth of insulation market. Presence of leading global players and introduction of technologically advanced products further supports the growth of the insulation market.

Global Insulation Market Taxonomy

The global insulation market is segmented on the basis of type, end-user, and geography.

By Type

  • Mineral Wool
  • Glass Wool
  • Extruded Polystyrene
  • Expanded Polystyrene
  • Others

By End-User

  • Residential
  • Commercial
  • Industrial
  • Others

The major driving factors of the insulation market include increasing need to save energy, improve performance, and reduce operation costs. The growing need to reduce greenhouse emissions, and increasing urbanization boosts the growth of the insulation market. Growth in manufacturing and industrial sectors has increased the demand of insulation material over the years. There has been an increase in demand from residential and industrial sectors, thereby supporting market growth. There has been significant growth in manufacturing and construction industries owing to favorable government regulations and initiatives such as subsidies and incentives and increasing foreign investments. Expansion of established companies into emerging economies and technological advancements would provide numerous growth opportunities in the market.

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Geographically, the global insulation market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key players in the global Insulation market are:

Huntsman International LLC

Cellofoam North America Inc.

GAF Materials Corporation

Certain Teed Corporation

Dow Building Solutions

Atlas Roofing Corporation

Byucksan Corporation

BASF Polyurethanes GmbH

Kingspan Group PLC

Atlas Roofing Corporation

Increasing demand construction sector boost the market growth in North America

On the basis of geography, North America is expected to account for the highest share during forecast period. A significant growth in the demand of insulation material from residential and commercial sectors has been registered over the past few years in, thereby driving the growth of insulation market. Presence of leading global players and introduction of technologically advanced products further supports the growth of the insulation market.

For More Information and TOC: https://bit.ly/2yDISs4

About Polaris Market Research:

Polaris Market Research is a global market research and consulting company. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

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Mr. Neel

Corporate Sales, USA

Polaris Market Research

Phone: 1-646-568-9980

Email: neel@polarismarketresearch.com

Web: https://www.polarismarketresearch.com/

About the Author

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

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Author: Neel Bobde
Premium Member

Neel Bobde

India

Member since: Oct 23, 2018
Published articles: 344

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