Fireproof Insulation Market was valued at USD 18.05 Billion

Market Scenario

Fireproof insulation is an insulating material that is prepared with the help of a fire retardant material. Fireproof insulations are usually employed to tackle and encounter the dispersion of flames when situations such as a fire disaster occur. The rising construction & industrial activities across the globe is the major driving factor of the market. Additionally, increasing consumer awareness regarding energy consumption also have a positive influence on the market. However, the lack of awareness regarding the benefits offered by fireproof insulations, is the restraint that may hamper the growth of the market.

The Global Fireproof Insulation Market was valued at USD 18.05 Billion in 2015, and is projected to grow at a CAGR of 4.5% during the forecast period.

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Regional Analysis:

European region dominates the global fireproof insulation market, followed by North America. Building safety codes in countries such as U.K., Germany, and France is driving the demand of the market in the region. Asia-Pacific region is expected to grow at the fastest pace during the forecast period mainly due to rapid growth in construction sector.

Key Players:

The key players of fireproof insulation market are ROCKWOOL International A/S (Denmark), Knauf Insulation GmbH (Germany), Saint-Gobain S.A. (France), Owens Corning Corporation (U.S.), Berkshire Hathaway, Inc. (U.S.), BASF SE (Germany), Paroc Group Oy (Finland), Arango Insulation (U.S.), Airkrete Inc. (U.S.), and ROXUL Inc.(Canada).

Scope of the Report:
This study provides an overview of the Global Fireproof Insulation Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Fireproof Insulation Market by its type, end user and region.

By Materials
• Mineral Wool
• Plastic foam
• Glass wool
• Cellulose
• Others

By Application
• Residential Buildings
• Commercial Buildings
• Industrial Buildings

By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

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