Press release
Active Insulation Market 2019 to 2029 Tremendous Growth in Near Future
Temperatures as low as -39°C mandate insulation of residential and commercial properties in countries such as Greenland, Norway, Sweden, Canada, and parts of the United States.
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Global active insulation market is expected to grow at a steady 5% CAGR during the forecast period. Growing demand for performance textiles such as active wear & sportswear will also drive growth for market players.
Consumer trends exhibit signs of continued increase in demand for active insulation clothing.
Key Takeaways of Active Insulation Market Study
Polyester materials occupy largest market share on the back of properties such as high dimensional stability, and superior resistance to alkali, and decay.
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Building & Construction segment will grow at a healthy 5% CAGR from 2019 to 2029.
Textiles will gain 1.6X growth during the forecast owing to product innovation and development of active insulation materials and modern textile manufacturing.
North America commands leading share of over 1/3rd of total market value. Growth in this region can be attributed to extreme temperature variations and resuscitation of buildings and structures to minimize heat loss and infiltration of cold air.
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Infrastructure projects around the world are reaping energy savings by deploying active insulation materials in building & construction. Early adopters are proactively developing innovative and sustainable materials and efficient manufacturing methods of active insulation products.
For instance, Polartec® released a 100% recyclable fabric which is anticipated to be employed in manufacturing active insulation products for popular brands such as Adidas, Burton, and Houdini. Companies are modernizing the production process by innovating energy efficient manufacturing techniques.
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For instance, PrimaLoft® PURE®, a proprietary technique by PrimaLoft® saves up to 48% carbon emission from active insulation product manufacturing.
Developing countries offer the most lucrative growth opportunities on the back of increasing infrastructure investment coupled with stringent energy efficiency regulations.
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