Press release
Fiberglass Duct Wrap Insulation Market Overview, Research Methodology and Opportunities to 2018 - 2024
North America Fiberglass Duct Wrap Insulation Market dominated the revenue share valuing over USD 600 million in 2017. Growing number of commercial buildings in the country including shopping malls, hotels, retail outlets, restaurants and warehouses are enhancing the product demand. Increased preference for glass wool over other materials provides a positive outlook for the product demand.Fiberglass Duct Wrap Insulation Market size is estimated to exceed USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc. Strong outlook in external insulation of residential and commercial heating, dual temperature and air conditioning components will propel the fiberglass duct wrap insulation market size. Enhanced thermal resistance leading to lower energy usage and improved system performance are among the key properties driving the product penetration. In addition, improved comfort control, easy installation, flexibility and condensation controlling features will offer a positive outlook for industry growth.
Request for a Sample copy of this Report @
https://www.gminsights.com/request-sample/detail/1768
Stringent government regulations on essential and optimum fabrication on residential and commercial HVAC components to improve energy efficiency will propel the fiberglass duct wrap insulation market demand. Moreover, several standards enacted for the product installation by government and institutional bodies will support the product penetration. Rising demand for insulating products along with technological advancements and product innovations will fuel the industry growth.
Growth in global construction industry due to rapid urbanization and changing lifestyles will propel the product demand. Increasing product adoption in commercial as well as residential applications is expected to propel the fiberglass duct wrap insulation market growth. Improved noise control & indoor air quality, high energy efficiency along with competitive costs than non-fibrous glass solutions are among key properties stimulating the industry growth.
Shifting preference for duct-based HVAC equipment including unitary air conditioning particularly for the commercial buildings will support the industry demand. Rising awareness for energy conservation and sustainable solutions among builders and contractors has stimulated the product scope. Increasing raw material costs will have a direct impact on the fiberglass duct wrap insulation price trend. However, limited applicability may hamper the product scope particularly in components conveying solids or corrosive gases and kitchen & exhaust applications.
Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/1768
Faced fiberglass duct wrap insulation market catered for over 65% of the industry share in 2017. Rising product demand for acoustic and thermal control in air conditioning and air handling equipment, will propel the product demand. Significant properties including noncombustible, enhanced durability along with high noise attenuation has enhanced the product scope.
Residential application is the fastest growing segment in the fiberglass duct wrap insulation market registering over 350 million square meters by 2024. Government initiatives and supportive policies on development of residential construction will drive the industry growth. Innovations in production process and increasing R&D investments are among major factors supporting the industry demand.
Asia Pacific is anticipated to witness growth over 6% from 2018 to 2024. Growing population along with rising awareness for energy conservation and reducing energy cost are among key properties driving the industry demand. Growth in commercial and residential building constructions especially in China and India will support industry demand.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/fiberglass-duct-wrap-insulation-market
Owens Corning, Johns Manville, CertainTeed and Knauf are among major fiberglass duct wrap insulation manufacturers. Global industry share is highly competitive due to presence of both multinational companies and regional players. New product launches, mergers and acquisitions, production capacity expansion, R&D investments and collaborations are among major strategies adopted by fiberglass duct wrap insulation market participants. Other considerable companies include Manson, Twiga, Mag-Isover, Frost King and Lamtec Corporation.
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 Fiberglass Duct Wrap Insulation Market Overview, Research Methodology and Opportunities to 2018 - 2024 here
News-ID: 1104471 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Rising
Crypto High and Rising
Key Metrics Show Institutional Interest in Crypto and Ripple Is High and Rising
As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest.
The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. And …
Rising Demand For Processed Meat Paired With Rising Disposable Revenue To Boost …
As per the analysts at Zion Market Research, the Global processed meat market was capitalized at almost USD 714.00 Billion in 2016 and is likely to cross almost USD 1,567.00 Billion by end of 2022, developing at a CAGR of almost 14.0% from 2017 to 2022.
DOWNLOAD FREE PDF BROCHURE @ https://goo.gl/E8ksL4
Some of the major companies active in processed meat market are Pilgrims Pride Corp., JBS SA, Advance Pierre Foods, Sysco…
Global SAR Market is Rising Rapidly with the Rising Growth in Demand for SAR Mar …
“Global SAR Market Research Report 2017” is a professional and incisive analysis on the market dynamics of the Global SAR Market industry and future growth prospects of the key market players across the global. The study offers detailed quantitative and qualitative analysis of the industry by offering an overview of key market conditions and statistics on market estimations. An in-depth insight into the industry overview is offered in the study…
Rising Economic Growth and Rising jack-up rig market Analysis & Outlook (2017-20 …
“The Report Global Jack-Up Rig Market: Industry Analysis & Outlook (2017-2021) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
Rigs are giant structures or machines consisting of mud tanks, mud pumps, derrick or mast, draw works, rotary table, drill string, power generation equipments and auxiliary equipments. Rigs are used in drilling a wellbore. Some rigs are used on water and…
Global Advanced Wound Care Management Market: Rising Prevalence of Chronic Wound …
The global market for advanced wound care management is likely to witness a progressive growth throughout the forecast period. The rising focus of prominent players on research and development activities and innovations is estimated to encourage the growth of the overall market in the coming few years. Nevertheless, the high cost of products in comparison with the traditional methods is anticipated to restrict the growth of the global market in…
Advanced Wound Care Management Market: Rising Prevalence Of Chronic Wounds Key T …
The global market for advanced wound care management, being a highly technology- and research- oriented specialty sector of the overall wound care market, features few companies and a highly consolidated competitive landscape, observes a recent report by Transparency Market Research. The top four vendors in the market, namely Molnlycke Health Care, Smith and Nephew plc, Convatec, and Acelity L.P. Inc., accounted for a share of nearly 65% of the global…
