Insulations serve as protective coatings to a surface or a building from heat, noise, electricity or weathering, depending on the objective of insulation and the type of insulation used. Different materials used to provide insulation include fiberglass, plastic foam, mineral wool, cotton wool and slag wool. Insulation is used in industrial HVAC (Heating, ventilation and air conditioning) and OEM (Original Equipment Manufacturers) residential as well as non-residential constructions.
Fiberglass is the leading product segment of the global insulation market. However, the use of plastics as insulators is continuously falling down. Prices of the raw material used manufacturing plastic insulators are increasing steadily, especially crude oil prices and there are associated environmental effects with plastic insulators. In this regard, new eco-friendly, bio based insulators have come up. Their market is projected to experience a steady growth in the forecasted duration.
Construction industry is a major end-user of the global insulation market. The residential constructions are a bigger share holder of the global insulation market. Moreover, the demands from automotive and electrical industries are also rising consistently. The market trend indicates that the shift is towards insulators with high R-value, wherein the R-values are used as an indicator to assess the quality of an insulator.
Insulation and re-insulation activities in multiple parts of the world are driving the growth of the global insulation market. The increasing price of fossil fuels is calling for the conservation of energy. This is where insulators come into play as they help conserve energy and reduce utility bills.
Asia-Pacific leads the global insulation market followed by North America and Europe. Within Asia-Pacific, China and India lead the global insulation market, due to heavy infrastructural development. Also, the increase in disposable income of the global population can be reasoned as a growth factor for the global insulation market. The key players in global insulation market include BASF, Huntsman, Knauf Insulation Group, Owens Corning, Recticel, Bayer, Ningbo Firewheel Thermal Insulation & Sealing, Byucksan, Carlisle Insulation, Nova Chemicals, Fletcher Building, CSR, Dalian Rockwool, GAF Materials, Hebei Renqiu Jinglian Group, Johns-Manville, Kingspan Group, Paroc Group, Rockwool Group, Saint-Gobain, Tengzhou City Huahai New Thermal Insulation Material and The Dow Chemical Company.
Decision Databases is involved in providing research reports and company profiles in the global insulation market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The insulation market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our insulation profiles.
SEGMENTATIONS IN REPORT:
Insulation By Product:
1. INTRODUCTION TO THE INSULATION MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF INSULATION
4. INSULATION MARKET ANALYSIS BY PRODUCT
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