OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals for the OEM insulation. Naturally, the growth of the market is expected to achieve a stellar growth over the course of the given forecast period of 2019 to 2027.
OEM Insulation Market – Notable Developments
Some of the key developments in the global OEM insulation market are given below:
In June 2019, Owens Corning, a leading brand in the global OEM insulation market announced that the company is planning to unveil new technologies that will help in the development of advanced buildings that will be more reliable, sustainable, and energy efficient.
In May 2019, Saint Gobain SA announced that the company has successfully acquired Pritex, a promising player in the thermal and acoustic solutions. This move is expected to enhance the current product portfolio of the company.
OEM Insulation Market – Drivers and Restraints
A plethora of micro as well as macro-economic factors are helping to expand the reach of the global OEM insulation market. One of the biggest driving factor for the growth of the market is its growing demand from its end use sectors. Telecom, semiconductor, manufacturing, energy & utilities, and offshore oil & gas are some of the biggest end-use application industry. These industries constantly need high amounts of insulation for fire related, thermal related, or acoustic related activities. Thus, their growth directly complements to the growth of the global OEM insulation market.
Another important trend that has been observed in the global market for OEM insulation is of the growing popularity of foamed plastic insulation. The growing use of plastic foam insulation across the activities of building and construction is thus expected to help the overall development of the global OEM insulation market.
In addition to this, the market is developing at a rapid pace owing a significant backing from the government or regulatory bodies. With rising energy and environment concerns, OEM insulation helps in building sustainable green buildings and other energy conservation activities. Naturally, the regulatory bodies are encouraging the use of OEM insulation and thus driving the global market.
More Trending Reports by TMR:
OEM Insulation Market – Geographical Outlook
The global OEM insulation market is divided into five key regions viz. Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Of these, the global market is currently led by the Asia Pacific region. The market in the region accounts for the highest share in terms of both value and volume. The growth of the OEM insulation market in the Asia Pacific region is mainly attributed to the booming construction industry and the development of several commercial as well as residential building projects. Moreover, due to the presence of emergence of developing nations such as India and China, the growth of the OEM insulation market is only expected bolster further. These nations are investing heavily for the development of their domestic infrastructure. Their economies are opening up for foreign investments and are thus presenting a lucrative market space for the leading companies in the domain.
In addition to this, the growing awareness about the benefits of energy-efficient buildings and projects are also helping to create a positive opinion about the OEM insulation. It is thus lending a helping hand for the overall development of the market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
REQUEST FOR COVID19 IMPACT ANALYSIS:
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and technique in developing distinctive data sets and research material for business reports.
This release was published on openPR.
Permanent link to this press release:
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 OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR here
News-ID: 2187003 • Views: 281
More Releases from Transparency Market Research
Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
Cathode Materials Market with Current Trends Analysis, 2018-2026
Global Cathode Materials Market: Overview Cathode materials are key elements that determine the differences in composition while building positive electrodes for battery cells. These materials include manganese, nickel, and cobalt in the crystal forming a multi-metal oxide material to which lithium is added. These batteries include products that cater to different users who require high energy density and/or high load capacity. Modern cathode materials for lithium ion batteries are generally prepared
More Releases for OEM
Technological Advancements Driving Automotive OEM Coatings Market
The global automotive original equipment manufacturers (OEM) coatings market attained a value of $10,997.4 million in 2018 and is predicted to reach a value of $13,661.4 million by 2024, registering a 4.2% CAGR during the forecast period (2019-2024). The market is growing because of the growth potential of automotive industry in emerging economies and technological advancements. Paints that are used on automobiles for protection and decoration purposes are referred to
UniStrong Is Now a 42Gears OEM Partner
42Gears Mobility Systems, a leading Unified Endpoint Management (UEM) player announces that it has onboarded UniStrong as an OEM partner. UniStrong is a renowned provider of high-precision products, rugged devices and services for the Global Geospatial Industry. The partnership will help UniStrong integrate their rugged devices with 42Gears’s suite of products to deliver best-in-class mobility management ready rugged computing solutions. UniStrong rugged devices are routinely used in the GIS,
Humidity Measurement Module for OEM Applications
The EE1900 humidity module from E+E Elektronik is optimised for the measurement of relative humidity (RH) or dew point temperature (Td) in climate and test chambers. With outstanding temperature compensation across the working range from -70 °C to 180 °C (-94 °F to 356 °F) and the choice of stainless steel and plastic probes, the module is suitable for a wide range of applications. High Accuracy in Harsh Environment The excellent
Global OEM Insulation Market Analysis with Trends and Operational Strategies
Qyresearchreports include new market research report Global OEM Insulation Market Research Report 2018 to its huge collection of research reports. In this report, the global OEM Insulation market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. The global OEM Insulation market is expanding on account of various factors which
Unicon Software and VXL Instruments signing OEM-partnership agreement
The German company Unicon Software welcomes VXL Instruments as its latest OEM-partner. Unicon’s software solutions eLux and Scout Enterprise will now also be available as built-in version especially on VXL’s D- and MD-series. VXL Instruments was established in 1976 and is a global leader in cloud computing access devices such as Thin Clients. Through technology partnerships with Citrix or VMware, VXL is committed to deliver innovative solutions to its customers. VXL’s
Adyton Systems announces OEM partnership with Symantec
Adyton Systems strengthens its next-generation firewall with the integration of Symantecs’ RuleSpace in its security application. Leipzig, Germany, July 3, 2012. Adyton Systems announced a new global OEM partnership with Symantec. This will enable Adyton Systems to equip its next-generation firewall NETWORK PROTECTOR with additional functionality for Internet security. Using Symantec’s URL filter RuleSpace, Internet content will be scanned and compared against the RuleSpace database. This allows suspicious websites to be