insulation materials Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2027

Market Size – USD 54.68 Billion in 2019, Market Growth - CAGR of 5.3%, Market Trends –A rise in infrastructure development projects in the APAC region

 

Market Size – USD 54.68 Billion in 2019, Market Growth - CAGR of 5.3%, Market Trends –A rise in infrastructure development projects in the APAC region

The global insulation materials market is projected to be worth USD 82.96 Billion by 2027, according to a current analysis by Emergen Research. The insulation materials market observes high demand attributed to the increasing demand for reduced energy consumption in buildings.

Also, glass being an inefficient insulator, the insulation of see-through windows, envelopes, and skylights substantially lessens loss or heat gain, causing a reduction in heat transfer and vapor condensation. Consequently, insulation materials lead to the prevention of humidity, freezing, mold, and deformation occurring in the construction works due to corrosion, thereby safeguarding the building.

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Key Companies Profiled in the Report:

Key participants include Roxul Inc., Huntsman International LLC, Kingspan Group, Owens Corning, BASF, GAF Materials Corporation, Johns Manville, The Dow Chemical Company, Cellofoam North America Inc., and Covestro AG, among others.

Key Highlights From The Report

  • In December 2019, Huntsman Corporation announced the acquisition of Icynene-Lapolla, a firm involved in the production and distribution of spray polyurethane foam (SPF) insulation systems for residential usage and commercial sectors.
  • Glass wool is beneficial in offering effective thermal insulation and reduced energy consumption and decreases temperature variations. Also, it helps in lessening the sound transmission between walls.
  • Expanded Polystyrene (XPS) material finds widespread application in new and retrofit construction but owing to its production process, and it is available as rectangular/square boards of standard dimension.
  • There is an increasing demand for green buildings attributed to stringent environmental regulation. Programs like LEED are significantly driving the market for green building, and, in turn, boosts the market demand.

The study offers comprehensive coverage of the qualitative and quantitative analysis of the insulation materials market along with crucial statistical data about the insulation materials market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

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insulation materials Market Segmentation:

Emergen Research has segmented the global insulation materials market on the basis of product type, distribution channel, application, and region:

  • Product Type Outlook (Revenue, USD Billion; 2017-2027)
    • Glass Wool
    • Mineral Wool
    • Expanded Polystyrene (EPS)
    • Aerogel
    • Extruded Polystyrene (XPS)
    • CMS Fibers
    • Calcium Silicate
    • Polyurethane
    • Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
    • Online
    • Offline
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Infrastructure
    • Industrial
    • HVAC
    • Transportation
    • Appliances
    • Furniture/Bedding
    • Packaging

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

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