openPR Logo
Press release

Global Insulation Market Expected to Offer Revenue Higher than US$ 70 Bn by 2024

Insulation Market

Insulation Market

Insulation Market from residential construction is estimated surpass USD 36 billion by 2024. Positive application outlook in residential buildings offering proper insulating requirements and sufficing the building codes laid by the regulatory bodies will fuel the product demand. Increasing demand for the products that enhance energy efficiency and assist in energy conservation are among key factors supporting the segment growth.

Non-residential construction insulation market is expected to witness CAGR over 3.5% in terms of volume up to 2024. Expansion in global commercial construction industry with focus on reducing energy consumption has enhanced the product demand. Creating optimal comfort in every climate and offering occupant consistent temperature irrespective of the outer weather are among major properties positively influencing product penetration.

Request for a Sample copy of this Report @
https://www.gminsights.com/request-sample/detail/2579

Insulation Market size is estimated to surpass USD 70 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising concern pertaining to global warming along with high electricity bills will drive insulation market size. Implementation of more stringent building codes to promote energy efficient building construction by adding or replacing insulating materials in both residential and nonresidential structure will drive industry growth. Increasing adoption of new building techniques offering superior performance in line with upgraded building regulations will propel the product penetration rate.

Increasing public private partnership for new residential construction is likely to propel insulation market demand. Global construction output was valued over USD 8.8 trillion in 2016. Surge in application of advanced insulating materials across industrial and commercial application to reduce energy consumption and meet the energy conservation norms likely to augment insulation market growth. Customers are continuously focusing on building renovations with substantial energy conservation.

Rapid expansion of industrial sector driven by attractive monetary policies will provide strong business outlook for manufacturers. Proliferating demand for green construction to minimize carbon footprint, enhance work productivity, improve thermal comfort, etc. will propel insulation market demand across industrial sector.

Make an Inquiry for Purchasing of this Report @
https://www.gminsights.com/inquiry-before-buying/2579

Europe insulation industry is expected to hold over 25% revenue share in 2017. Green regulations concerning fire safety, air quality, acoustic comfort and resource efficiency will drive insulation market demand. For instance, The EU Directive 2012/27/EU for Energy Efficiency (EED) focuses on improving energy consumption in member states by curbing energy usage in buildings and renovate 3% of public owned buildings occupied by the central government with area of more than 250 square meters on an annual basis. They are required to propose road maps for renovation of buildings by 2050.

Asia Pacific insulation market demand will witness fastest growth over the forecast period. Emerging economies notably Malaysia, Vietnam and Indonesia are expected to invest substantially in new infrastructure projects, funded by both public & private investment. Increasing demand for new residential construction owing to rise in per-capita disposable income will propel product application rate. In addition, rapid construction of malls rapid construction of commercial buildings, malls, and sports complexes will augment regional insulation market size.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/insulation-market

Global insulation market share includes Owens Corning, BASF, Atlas Roofing Corporation, Duro-Last Roofing, Inc., CertainTeed Corporation, The Dow Chemical Company, Huntsman International LLC and Rockwool International. The industry participants are focusing on integrating the operations across the value chain. For instance, Huntsman International is involved in polyurethane production as well as manufacturing insulating products. Rockwool International holds their own distribution network along with the product manufacturing.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Insulation Market Expected to Offer Revenue Higher than US$ 70 Bn by 2024 here

News-ID: 1104458 • Views: 219

More Releases from Global Market Insights Inc.

U.S. Baghouse Filters Market Growth Forecast & Industry Share Report to 2024 | L …
Global Market Insights recently introduced report on U.S. Baghouse Filters Market delivers a holistic view on market valuations, market size, profit estimations, SWOT analysis and regional landscape of the market. In addition, the report points out key challenges and growth opportunities, while examining the current competitive standings of key players in during the forecasted timeline. According to Global Market Insights, Inc., “U.S. baghouse filters market for the woodworking industry, which
Earthmoving Equipment Market Trends Research and Growth Projections to 2023 | To …
Global Market Insights recently introduced report on Earthmoving Equipment Market delivers a holistic view on market valuations, market size, profit estimations, SWOT analysis and regional landscape of the market. In addition, the report points out key challenges and growth opportunities, while examining the current competitive standings of key players in during the forecasted timeline. Introduction of new technologies such as real-time monitoring for detecting system failure are predicted to fuel
Asphalt Mixing Plants Market 2019 – 2024 | Growth Analysis by Regional Players …
Global Market Insights recently introduced report on Asphalt Mixing Plants Market delivers a holistic view on market valuations, market size, profit estimations, SWOT analysis and regional landscape of the market. In addition, the report points out key challenges and growth opportunities, while examining the current competitive standings of key players in during the forecasted timeline. Most of the automakers are expanding their regional presence across Asia Pacific, pertaining to the
Wood Based Panel Market is anticipated to witness a massive proliferation by 202 …
Increasing deforestation has lead towards the global warming which has boosted the demand growth for efficient and effective utilization of timber. This is expected to fuel the Wood Based Panel Market demand over the forecast period. In addition, technological innovation and advancement along with the mounting efficiency in manufacturing is likely to bolster the demand from 2016 to 2023. However, rapid increases in the cost pertaining to the petroleum based

All 5 Releases


More Releases for Insulation

Insulation Spider: Multi Criteria Evaluation of Insulation Materials
The Insulation Spider is a simple and practical graphical tool that visualises the strengths and weaknesses of insulating materials; it creates a complete, differentiated and balanced evaluation of sustainability and application aspects. Maaseik, Belgium., April 06, 2018 -- A wide variety of insulation materials is available on the European market, all with their advantages and disadvantages, depending on the area of application. Besides the physical properties and the performance of insulation materials, sustainability
Global Vacuum Insulation Panel Market 2017 - Kingspan Insulation, Knauf Insulati …
Global Vacuum Insulation Panel Market 2017 Research Report presents a professional and deep analysis on the present state of Vacuum Insulation Panel Market 2017 in Chemicals and Materials Industry. High Use of Vacuum Insulation Panel in Chemicals and Materials Industry Driving the Market Growth of Vacuum Insulation Panel. Vacuum Insulation Panel Market 2017 by Type (Precipitated silica Vacuum Insulation Panel, Fumed silica Vacuum Insulation Panel, Nanogel Vacuum Insulation Panel, Glass
Global Cold Insulation Materials Market 2017 - Huntsman, Fletcher Insulation
The motive of this strategic research report entitled "Global Cold Insulation Materials Market 2017" is to provide company officials, industry investors, and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Cold Insulation Materials market. Key Notes On Cold Insulation Materials Market: "Global Cold Insulation Materials Market 2017 "offers crucial insights into the global Cold Insulation Materials market along with the market size
Global Fiberglass Rigid Board Insulation Market 2017 - Knauf Insulation, Owens C …
The recent report on Fiberglass Rigid Board Insulation market offers insightful information about the present scenario of the market across the globe. The report, titled Fiberglass Rigid Board Insulation points out the key factors affecting the growth of the market. Latest market trends as well as the future growth opportunities have been mentioned in the report. The report takes into account the various micro and macro-economic factors governing the overall
Alenco Introduces Radiant Barrier Insulation
11/17/11, Kansas City, Mo – Alenco Inc announces the introduction of an exciting new product in the Kansas City metro area that will lower homeowners’ costs of living while allowing them to maintain comfortable temperatures in their home. The product is called Green Energy Barrier and it is a special radiant barrier reflective insulation system that is so powerful and effective, it is the same radiant heat barrier used
Insulation Tape, Busbar Insulation Tape
Insulation Tape and Busbar Insulation Tape are heat shrinkable tapes which provide insulation enhancement and protection against accidentally induced discharge. These Insulation Tapes are designed to combine the integrity of heat shrinkable tubing with the versatility of a wraparound product. They are quick and easy to install. Yamuna Cable Accessories Pvt. Ltd. is leading Insulation Tape manufacturer, supplier and exporter and seriously involved for quality maintenance in all the manufactured