openPR Logo
Press release

Insulation Market Size, Share | Industry Trends Analysis Report, 2020

Insulation Market Size, Share | Industry Trends Analysis

ALBANY, New York, June 16, 2017: A new research report by Transparency Market Research (TMR) states that the global market for insulation is highly competitive. The leading companies in this market, such as, Owens Corning and Huntsman, are concentrating on product diversification with the use of technology. Going forward, the key market participants will also focus on expansion of their businesses in emerging economies, states the research report.

According to TMR’s estimations, the opportunity in the global market for insulation was US$37.8 bn in 2013. Rising at a CAGR of 8.0% during the period from 2014 to 2020, the market is likely to worth US$64.9 bn by the end of the forecast period. Among all insulating materials, fiberglass has been enjoying a higher demand and is expected to remain witnessing so over the next few years, reports the market study.

This 68 page report gives readers a comprehensive overview of the Insulation market. Browse Market Research Report @
http://www.transparencymarketresearch.com/insulation-market.html

Residential Construction to Remain Contributing Maximum to Global Insulation Market

The research report considers residential construction, non-residential construction, and Industrial, HVAC, and OEM as the main application area of insulation. The residential construction segment has been registering a high demand for insulating product for last few years. In 2013, it emerged as the leading contributor to this market with a share of 48%. With house owners becoming aware of the benefits of insulation, the segment is likely to retain its position throughout the period of the forecast. The industrial application segment is also projected to experience a healthy demand for insulation in the years to come.

The report also presents a geographical assessment of the global market for insulation. As per the report, Asia Pacific led the global market in 2013 with a share of more than 41%. Thanks to the emergence of India and China as the two key consumers of construction materials, the regional market is expected to remain on the top over the next few years, notes the research study.

Depleting Energy Resources Trigger Need for Insulation

The global market for insulation has gained significantly from the rising concerns over energy conservation. “The swift pace of the depletion of energy resources and the consequent rise in energy price have triggered the need for insulation, as it helps in energy conservation, thereby reducing utility bills,” says the author of the market study.

Over the last few years, the emphasis on insulation has increased substantially, thanks to rising level of awareness among consumers pertaining to global warming and the alarming surge in the emission of greenhouse gases. The technological advancements in industrial production techniques are likely to create an extensive demand for insulation in factories and noncommercial spaces in the near future.

Get accurate market forecast and analysis on the Insulation market. Request a sample to stay abreast on the key trends impacting this market@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1121

Although the market’s growth may be hindered by the volatility in the raw material prices, the significant rise in the automobile industry and the electronic industry will continue to drive this market over the forthcoming years, states the research report.

The study presented here is based on a report by Transparency Market Research (TMR), titled “Insulation Market (Fiberglass, Plastic Foam, Mineral Wool and Others) Market for Residential Construction, Industrial, HVAC & OEM, and Nonresidential Construction Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.”

The global market for insulation is segmented into:

By Product
Fiberglass
Plastic Foam
Mineral Wool
Other (Including cotton wool, slag wool, etc.)

By Application
Residential Construction
Industrial, HVAC, and OEM
Nonresidential Construction

By Region
North America
Europe
Asia Pacific
Rest of the World

About Us

Transparency Market Research (TMR) is a 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. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://depthresearchreport.blogspot.in/

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 Insulation Market Size, Share | Industry Trends Analysis Report, 2020 here

News-ID: 594822 • Views: 248

More Releases from Transparency Market Research

Osteoporosis Drugs Market Companies Analysis, Advancement and Precise Outlook …
Transparency Market Research (TMR) has published a new report titled, ‘Osteoporosis Drugs Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global Osteoporosis Drugs market was valued at US$ 11.5 Bn in 2018 and is projected to contract at a CAGR of 0.3% from 2019 to 2027. Overview Osteoporosis is a chronic and life-threatening disease, in which microstructure of bones is altered due to
Remote Patient Monitoring Devices Market News Research Report 2020
The global remote patient monitoring devices market is foreseen in a report by Transparency Market Research (TMR) to show a decently consolidated nature coupled with intense competition between key players. Recently, a larger aggregate share was held by a few prominent names of the market. F. Hoffmann-La Roche Ltd., AMD Global Telemedicine, and Honeywell HomMed LLC are some of the leading companies operating in the market. Merger and acquisition could
Oxygen Therapy Devices Market is Thriving Worldwide By Size, Revenue, Emerging T …
The demand within the global oxygen therapy devices market is projected to increase as improved medical procedures make their way into the healthcare industry. Towards the end of last year, a group of high-school students became victims of gas poisoning across a large building in Suwon. The absence of proper medical equipment for oxygen therapy became a matter of regional outrage. In this review, Transparency Market Research (TMR) looks into
Covid-19 Impact on Organic Turmeric Market: Present Scenario and Future Growth P …
The report details an exhaustive account of the global organic turmeric market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2018 to 2026. From an overall perspective, the report is expected to exist as a valuable insight

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