Press release
Active Insulation Market Growth Statistics 2023, Industry Trends, Size, Share, Players Analysis, Demand Status and Forecast 2031
The global active insulation market size was US$ 288.5 million in 2021. The global active insulation market size is estimated to reach US$ 483.2 million by 2030, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2022 to 2030.Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17108
Active insulation is a type of thermal insulation or layer of clothing that is used as an ideal mid-layer to protect against the cold. It allows for the creation of warmer environmental conditions by allowing moisture/sweat exchange. Thermal layering is an important consideration or essential aspect considered by climbers and ice climbers. A proper layer of active thermal insulation protects the ice climbers from harsh cold climatic conditions. Ice climbing includes high-intensity activities and some low-intensity activities. However, climbers need protection and keep themselves warm in both working conditions.
Factors Affecting Marketing Growth
The availability of a wide choice of active insulated products in the market is anticipated to drive the growth of the global market.
The existence of several trekking destinations has attracted a large number of trekkers across these trekking destinations, which drives the growth of the global market.
Retrofitting houses with active insulation is a high-cost process and the potential risk of interstitial condensation may occur in the retrofitted buildings. This factor is expected to hinder the growth of the global market.
Impact on COVID-19 Analysis
COVID-19 had a negative impact on the growth of the global market. Active thermal insulation products are used to minimize heat loss by building external walls. The building & construction industry is prone to economic change. For example, the emergence of COVID-19 had a significant impact on the construction industry due to changes in economic trends across the globe. Thus, hindering the growth of the global market.
Regional Analysis
The Asia-Pacific accounted for the highest global active insulation market share in 2021 and is projected to grow at the highest CAGR during the forecast period. Nylon is mainly used during the production of active insulation pants that are used during trekking, mountain climbing, and others. Nylon active insulation pants are developed such that the heat produced during activity can be easily transferred internally within the textile which in turn creates cool climatic conditions and vice-versa. Thus, driving the growth of the global market in the region.
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Leading Competitors
The prominent players in the global active insulation market are:
W.L. Gore and Associates
Toray Industries Inc.
Stoney Creek Limited
Remmers
Polybond Insulation Private Limited
Polartec LLC
The 3M Company
Invista Textiles
Hdwool Ltd
BASF SE
Others
Segmentation Analysis
The global active insulation market segmentation focuses on Application, Material, and Region.
Segmentation on the basis of Application
Textile
Building and Construction
Segmentation on the basis of Material
Glass Wool
Expanded Polystyrene
Polyester
Cotton
Wool
Nylon
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Key questions answered in the global market report are:
-- How does a global company acquire markets?
-- What are its core strategies and policies?
-- What factors will influence the market over the forecast period?
-- What are the factors driving and restraining the market?
-- What are the leading competitors in the global market?
-- Which region is growing at a higher pace in the global market?
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