Insulation Products Market Overview to 2022:
Insulation can refer to the process of protecting or shielding. The popularity of building insulation and other applications have grown over last few years. It can used for different purposes like sound, heat, and electricity insulation. The key drivers for the growth of the insulation products market are increasing consumer awareness regarding energy conservation and rising the construction & industrial activities. The insulation products can be found in households, commercial and industries applications. Residential application segment is anticipated to dominate the market. Increasing demand for thermal insulation from households is expected to drive the application growth. However, volatile prices of raw materials are expected to remain a key challenge for industry participants. The Insulation products market size was valued at around USD 42 Billion in 2015 and is expected to grow at CAGR of 7% by 2022.
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- Sika AG
- Trelleborg AB
- Owens Corning
- BASF SE
- Knauf Insulation
- John Manville Inc.
- 3M Company
- Dunmore Corporation
- DuPont
- Avery Dennison Corporation
North-America is the largest growing market
North-America dominates the market with its largest market share for Insulation Products. Increasing demand for thermal insulation in residential and commercial building & government initiatives such as Weatherization Assistance Program, which promotes the thermal insulation, are the major factor driving the North America market.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the insulation products market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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